Re: The CIC Revisited
posted on
Nov 12, 2016 01:12PM
I'm afraid we are all guessing to be honest. It is a speculative stock after all. We haven't been given all the info, and probably for good reason. As such we are left to fill in the gaps. Sula is right to keep asking the question. What the hell happened back then?? Did the tech fail and as such, any deals fell through. If so, why then is the TRAB still alive? in fact why are these industry heavyweights still on the board? Surely they only joined because they saw some tangible evidence the tech worked? If that is the case, then it must have been to do with PET, since that was the focus then. Poet was supposedly years off.
Now I accept that it's also possible that nothing came of this and therefore management decided to pivot. But personally I wouldn't give up my lucrative career for a start up, with a potentially disruptive tech., which would take years to develop. It makes no sense to me, but then neither does the finance we've just seen. I also accept that we may have been lied to. But is Ajit really of that nature, after all he condoned the words of PC in the cic video.
It's all very puzzling and warrants some explanation.