RE:RE:RE:Seeking Alpha knr honeywell articleI've heard Paul mention the $50-$100 million threshold as a level at which large caps start to take notice of a company. However, as you state, that was before biocloud. Paul knows the value of biocloud. Even if he does decide to sell it, the sales price will be over $1 billion IMO.
canyousayiii wrote: I agree with you. He talks about acquisitions often and mentions that you become of interest to the big guys once you hit $50 million revenues. I am not quite sure how I feel about that being at the forefront of his thinking. Everything has the right price but as a young company on the verge of something big, I would have thought they would ride it out solo to grow tremendously for at least a few years. If they sold the company in a few months, I don't think we would get the kind of numbers we are hoping after a few big orders. But first things are first. They owe us an announcement of CSA certification, some kind of closure on lower detection limits and securing supply channels. Then they are fully open for business and hopefully a contract lr two follows shortly because expressions of interest should be taking place every day. November, month to remember.