LOL,
Hey rolling.
Why 2 years? Well, I'm chasing another 20 bagger with a significant holding and have identified MEM as a stock that can potentially bring that to fruition.
No - I don't expect a commercial product within months. I do however from this point forward expect regular, transparent and non- ambiguous reporting on progress because they recently failed there big time in a crucial, game-changing stage in the evolution of the company. No excuses. And let's be honest - the market didn't give them any.
But I also understand that the science is gold. I understand management's strengths, weaknesses and the industry and product I have invested in and by implication, its ensuing frustrations - I understand the challenges and potential complications involved in the transition of bringing the proven, highly technical, market-disrupting, small scale prototype to market in such an elevated, commercial scale.
I'm not sure you do. Actually, no - I'm convinced you don't.
I also understand there's a massive, almost polar-like difference between a scientist and a businessman. Brains just work differently. So do their corresponding paths of learning. I think I actually liked your only, constructive observation (the venom was perhaps a little too over the top though mate - stunk of agenda) to date about a potential restructuring of management.
I believe they do need a gun CEO whom is not just (or even) a scientist, but a proven, marketing gun with connections in the industry, who's well versed in what is required to bring such an important discovery to market. And more importantly for us, being public company, whom not only recognises the importance of regular, transparent reporting but has an unquestionable ability to market and monetize FELIX in the globally significant way and scale it deserves.
But I'll also give them time to do it. Is 2 years enough? Don't know mate. Does anyone? I'll give them the opportunity until I feel it's no longer deserved. You've proven beyond all doubt, that you won't.
But that's totally cool - this stock is obviously not for you. You've made that abundantly clear. And that's no knock on you (sort of) - I wish you the best in your future investing.
But time to move on mate. MEM is the biggest and most glaring mismatch for you. I think you're the only one here who can't see that.
This is an industry whose global relevance will only grow (please don't ask me to do your research). This is a company that will change lives for the better. They operate in an industry that is currently worth over $20 Billion USD projected to be worth $36 Billion USD in 4-5 years.
And that's just human IVF.
Doesn't even take into account livestock. Given your outlook and questions and criticism I don't expect you to know that our biggest shareholder is mainly interested in the livestock aspect - he's a gun horseman. One of the best. Successful beyond words. And like me loves his racing (I own a few horsies crew, if you know/love racing, you'd 100% know one of them. She's a gun. Sorry for gloating, sort of - not really - wish there was a way I could tip you into her, but that like insider trading).
And Peters is just so in.
To be clear. The thoroughbred industry is not even close to allowing an unfair MEM advantage (I've spoken to every relevant official in the racing industry - and I know plenty - the industry is just not ready - yet).
But, seriously, who invested in MEM for that?
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