I had hoped that they might release actual news first thing this morning and then expand upon it during the CC, but I’m not too surprised that they kicked the can down the road once again. It’s always just a little while longer, isn’t it?
Yet we have something new to speculate about now and it IS interesting. I thought about recording the CC but never got it set up so I am going by memory. My impressions...
When they said that nunchi was is cell phones now, I understood that to mean in a test/trial/lab setting (and not actively in the marketplace). They said something about connecting to servers back at EDIG? This part needs a re-listen to be sure, but I’d imagine if it were in the market and we had already sold/licensed the technology with a partner, they would have announced that. I’d compare this to an eVU trial... there’s potential, but no order as yet - therefore they can’t share such details until a contract is signed.
What’s encouraging is that they pretty much implied that they DO have at least one potential partner and therefore a market for this new tech. Again I had hoped they weren’t just developing pie-in-the-sky stuff they might be able to sell, but rather developing something for which they already had interest. It would seem that is the case. Pat saying that EDIG was not a think-tank complies with that sentiment.
As far as timetables we know nothing is guaranteed. There have apparently already been delays and there will no doubt be more. I think Pat said something to the effect of ‘with luck’, they’ll be able to share more information at the shareholder meeting. I’m not sure if he was talking about patents or partnership(s) at that point but we should understand that nothing is done until it’s done.
IP monetization is still the main focus and Fred stated as much. For now that means we wait on the MH ruling and go from there. It’s nice to know that there may be something beyond that business-wise which could also help the company (and us) prosper in the future.
- Sinkman
