I am amazed that the former Director of ROCHE, now MD of ADO has not signed a deal with his old company. Was their some bad blood when he exited to pursue this opportunity? According to him their was not and he is a close to an insider to Roche as a former Director can be.
So why has he not signed up a lucrutive deal with his former company, this concerns me a little. Although the politics in Roche maybe very drawn out. So he went with the deal with BANGS.
I still the chances of signing a deal in the future directly with Roche is HIGH. Yet it will be may be indirectly done via BANGS, whom can sell their offerings to ROCHE. As per the contract.
The first couple of months of sales will be interesting for the Mix N Go BANGS solution.
ADO Price at posting:
7.2¢ Sentiment: LT Buy Disclosure: Held
