Hi @richard01 there's a lot to think about the 'knowns' and the 'unknowns', obviously the unknowns are what make this still very much a speculative stock.
We know that there is a high quality advisory board with a strong track record helping to guide the company through its infancy.
We do know that the technology has already been developed, with further developments required for commercialisation and specific uses. This is where I'd imagine where the employee costs are going to go.
Several high quality partnerships have already been developed with revenue streams identified. Marketing is already taking place, and I'd imagine future marketing will be completed with the assistance of these partners who also now have a stake in the products success.
When you look at the criteria for the performance shares, you can imagine where the market cap will be should these be met. You would think that the beneficiaries of these shares (who play a major part in the success of the company) would want to receive these shares. This gives somewhat of an idea as to the future revenue targets.
There are many unknowns as well that you have touched on, some of which will be dealt with in the prospectus due in the near future.
Looking at what we do know, I think there is significant value and a lot of potential here, however the unknowns make this a speculative stock, and it will be until they start to bring in revenue.
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