Hi Hoppy,Partnerships are great. Building the eco system is great. Being in universities is great. Having solid patent protection is great.
I like and endorse all those things and they make sense to me.
If we were living in the Star Trek universe, they would all probably be sufficient and we could just get on exploring the universe.
But in this one, where small investors back companies with an understanding that they will be compensated for the use of their capital and the risk undertaken, eventually the Company must be able to at least stand on it's own feet and that involves bringing in more revenue than it takes to fund the operation.
We are now well over 3 years into Sean's 5 year plan.
It's time to see us making some progress towards commercial adoption.
ISL and RTX are nice nibbles and will hopefully prove our worth and allow us further traction and adoption within these companies.
I'm also happy for us to be continuing our R&D and expanding our product range, particularly in light of customer feedback.
But the fact remains that Sean was bought onboard to commercialise us and our product and that has been the promise and supposedly the emphasis for at least the last two years.
I'd appreciate some straight talk from Sean about where we are at commercially.
I'm not asking him to predict the future, but an honest disclosure of our progress in relation to his plan thus far, would go some way towards restoring his credibility, which, in my eyes anyway, is wearing thin.
The sad fact is that the company gets $0.00 from shares bought on market. IPO aside, it is only when new shares are offered that the company gets any money from share sales.
I'd like to see a system where the company gets a small percent of each on market sale. That way, bot trading and shorting would provide some little benefit the company.
It's good to get a couple of radar partnerships in a couple of days. Tony Lewis linked the ILS partnership with TENNs. I think that the Raytheon/AFRL micro-doppler project will also employ TENNs.
Funny thing, the SBIR site has a short memory: (Maybe they are using Signal.)
https://www.islinc.com/national-security
,,,
ISL has an impressive record of transitioning advanced technologies to the field. In the last few years alone, ISL has been awarded three (3) Phase III SBIR contracts, and has been featured twice as an SBIR Success Story (see for example https://www.sbir.gov/node/1526807).
https://www.sbir.gov/node/1526807
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Interestingly Joe Guerci is a pre-Trump-appointed Special Government Employee:
https://www.linkedin.com/in/joe-guerci-505aa26/
Special Government Employee (SGE)
US Army · Part-time Nov 2024 - Present · 6 mos
- Consultant to Army Science Board