This really is a great interview. What I liked the most was hearing that they're wrapping up the development of the hardware for the biochip, getting almost ready now for mass production. The company's focus for the biochip has been on the hardware, but now the company's focus for the biochip has shifted dramatically towards the applications, and looking for partners to go through this process with, such as a large pharmaceutical company wanting to sell more medicines (resulting from easier testing of whatever, via what might look like a home RAT but actually a biochip) or a medical diagnosis company who want to add a more rapid approach to their list of testing products for sale.
It would have been good to hear WHY Mohammed is no longer with Archer, given his early vision that started Archer Materials, and his very tight involvement with everything along the way, it is still an elephant in the room as to WHY he left. Was it 1) underperforming, 2) a very personal reason that can't be publicised (needing to go to a home country for example, or his mental health, or caring for a loved one, we don't need the details, just personal or not personal), or 3) he doesn't believe that the vision of the company will ever be successful. I don't believe it is 3, but until it is made known this will forever weigh in on investors minds, make it hard to raise capital, find partners such as a large pharmaceutical to invest in (although they can probably afford to hire a PI to find out!!!! hahaha), until they actually have a product that they can sell.
Maybe we should pool our resources and hire a PI to find out once and for all! (joke; don't actually do this please) ((but if you do can you please let me know)) (((joking again, sorry!!!)))
AXE Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)