Timelines If the validation is held within the details and Edgewater doesn’t own any of that data from the tests, what can we release? If our a tier one customer really wants this technology and sees it as their leg up on the industry or a new technology to market why would they release it unless we had achieved any milestones required in whatever agreement like an MOU might lay out. Don’t laugh to soon. These tests I imagine cost a fair bit of money 200,000 300,000 500,000? I don’t know if we paid for those. What was that pre-payment all about at the beginning of the year 109,000 was it 106,000? I’m sure it’s not in any major providers interest to share that data with anybody which compromise their own goals.
Any service provider could simply just pass on our technology and continue using what seems to be successfully adopted technology we all see globally. Why would they bother with additional tests proof of concept pilots exploring a deeper relationship with an MOU. I think it would just be plain as day already that this technology that was tested of Edgewater’s that it just didn’t meet the criteria they were looking for. Sure their process might just say let’s keep digging a little more a little more a little more. But at some point they either walk away or they keep digging or start building.
A long term funding strategy as Andrew quoted which they wish to execute I think was point 2 or three and there are 3 to 12 month timeline.
Is Global Foundries our “Establish a production partnership with a leading silicon organization”?
“Secure a commercial MOU with a Tier 1 Customer” along side or soon after announced long term funding strategy I would say is is pushing our chest closer to the finish line.
And as I said I don't even think it matters if we get an order or how early pre-revenue we are I think if we get a substantial order being the Market the we are in with such few other semi conductor companies I think the company would get scooped up very quickly and another 1-2 years.
I remember Steven Andrew saying in the fall of 2018 that this whole thing wasn't going to happen overnight. Two years ago in February Andrew had said 24 to 36 months in that podcast or webinar that the company did well we're definitely pushing past 24 months and it looks like will be exceeding 36 did we miss one of the business cycles for these set top boxes or access points? Are we still in the same business cycle?