RE:Response from BlockstrainThanks for sharing!!! ???? See brackets "WE OPTED TO EXECUTE AN AGREEMENT WITH WEEDMD, WHO AGREED [TO NOT ONLY ]ADOPT THE SOFTWARE [AND????] PARTICIPATE IN OUR R&D AND IN OUR PRODUCT RELEASE. " Instead of [AND...] should it be "BUT ALSO participate...", He meant??? Any ideas????! Thanks! Read more at https://www.stockhouse.com/companies/bullboard?symbol=v.dnax&postid=28802853#C5kq0GXovCdMTRd5.99 "
fic73 wrote: Got this response back from the strategic advisor of Blockstrain today:
1: Update on the release of platform.
I CAN’T COMMENT ON THE EXACT DATE OF THE PRODUCT RELEASE, AS THIS CONSTITUTES A MATERIAL EVENT, AND CANNOT BE RELEASED TO ONE PERSON UNTIL IT IS GENERALLY DISSEMINATED BY PRESS RELEASE AND FILED ON SEDAR. HOWEVER, AS WE RECENTLY ANNOUNCED, PRODUCT RELEASE IS IMMINENT, AND BY IMMINENT, I MEAN VERY, VERY SOON. I AM CURRENTLY HELPING OUR TEAM PUT TOGETHER THE PACKAGE THAT DISCUSSED PRODUCT RELEASE AT THIS TIME, SO DEFINITELY WATCH FOR THAT.
I AM PRIVY TO PRODUCT DEVELOPMENT ON A DAILY BASIS, AND I CAN ASSURE YOU THAT WHILE I UNDERSTAND THE CONCERN, THERE IS ACTUALLY NO CAUSE FOR CONCERN ON THIS ISSUE. THE PRODUCT IS READY, IT IS ALREADY OPERATING IN BETA MODE AT WEEDMD AND WITH VARIOUS LABS, AND WILL BE DEPLOYED IN SHORT ORDER.
2: Confirmation on agreements with 97/5000 LPs and craft growers
WE OPTED TO EXECUTE AN AGREEMENT WITH WEEDMD, WHO AGREED TO NOT ONLY ADOPT THE SOFTWARE AND PARTICIPATE IN OUR R&D AND IN OUR PRODUCT RELEASE. WE WON’T BE SIGNING CONTRACTS WITH OTHERS UNTIL THE SOFTWARE IS ACTUALLY AVAILABLE, BUT WE DO HAVE COMPANIES IN PLACE THAT ARE FULLY PLANNING TO ADOPT THE PRODUCT. AS NOTED ABOVE, I CAN’T SAY WHO THOSE ARE UNTIL THE INFORMATION IS DISSEMINATED. I WILL SAY, AS A FELLOW INVESTOR, THAT I AM PLEASED WITH THE PROGRESS OF OUR BUSINESS DEVELOPMENT.
3: Govt contracts etc
I CAN CONFIRM ONLY THAT WE ARE CURRENTLY WORKING ON GOVERNMENT PROJECTS, AND ESPECIALLY ON ONE IN PARTICULAR WHERE THE GOVERNMENT IN QUESTION IS FURTHER AHEAD IN TERMS OF IDENTIFYING THE NEED FOR TRACK AND TRACE TECHNOLOGY. THAT SAID, THE RELEASE I REFER TO DID NOT MENTION THE GOVERNMENTAL BODY, AS WE WERE NOT ALLOWED TO MAKE THAT PUBLIC. THE BID PROCESS IS CONTINUING, AND WE ARE OPTIMISTIC THAT GOVERNMENTAL CONTRACTS WILL FORM A SIGNIFICANT SHARE OF OUR REVENUE BY 2020.
Sorry I could not answer those questions more directly, but please keep your eyes open for an upcoming release on product availability. At that time we’ll be able to answer your questions in great detail and I’ve included my number below so you can contact me directly.