This is like a juggling act for management at the moment, they have to consider about the SH's and keep them updated, they have to deal with the current companies that we are involved with, they have to work with UWA, they also have to keep seeking for new deals and partnerships while getting the batch testing done, and last but not least find suitable foundries to manufacture LumiMEMS. That's a lot going on...
And here we are, bombarding management with voice mails, emails and SMS?!....
But back on topic, I do somewhat agree that the deal we signed with ERJ is relatively small compare to other deals our LumiMEMS is capable of. Any deal for LumiMEMS to be incorporate into a mobile device will mountain the deal with ERJ. Although as much as logic tells us the ERJ deal is small, if that collapses, I can imagine a lot will panic and cause a massive sell off.
Completely agree with you senator, have no doubt management will try to lock in as many deals as they can/have capacity to fulfill the terms before this ERJ time bomb possibly explode.
Hopefully the more detailed go-to-market strategy will give us a more up to date on where we are at with potential partnerships and how many, batch testing and manufacturing process, potential product that PSY will create etc etc. If the update is detailed enough, it will surely give SH more confidence to pile in more money.
Nevertheless, Mealsy did say the update is with a PR company, so I can only assume it's on its way.
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