LOL.....they aint got long then!
The biggest test that any lossmaking Comapny faces is breaking that mould into becoming profitable, which isn't as easy people think, and many loss making Companies sadly keep that habit until they finally run out of funds.
For such reasons I don't usually touch such Companies with the proverbial boat stick, but there's always the very rare exception to the rule, and I've taken a view that this is one......but, and it is the crux BUT, management must be able to show that they can keep a tight hold of costs even if revenues rise, in order to make that all important break through to making money, not losing it!
The hope value, imo, lies in these two third parties that the Company is in 'strategic talks' with......it's a reassuring vote of confidence in their technology that TWO other Companies are interested in it, in some shape or form.
As for the technology itself, I'll happily admit to having little idea as to it's exclusivity or commerciality, but then a little knowledge in such areas can often be a dangerous thing, as I've seen plenty of so called experts lose their shirts because they thought that an understanding of cutting edge technology gave them a fail safe advantage in investing in Companies that were trying to sell the stuff!
The keys to me are the cash backing, and the fact that not one, but two third parties have a serious interest in what Adamind have to offer.
An interesting risk/reward play here!
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