A couple of things...Those of you that have been around for a while will know that while I have stuck with this story, I have been one of the harshest critics of management, I/R, expectations etc....
Having said that, I have held on to all of my shares and even averaged down on a number of occasions... all because I think the fundamental technology that this company has developed is world class and disruptive....with many many valuable applications. Many of you have heard me say, this company will be successful despite itself... and I have never felt stronger about that, even though so many of the primary catalysts have taken much longer to develop than we initially thought.
I think the bottom line is this, there is a groundswell of business and opportunity around this company right now with good, solid partners unlike never before.
Ironically, the most recent pc of news was largely dismissed by the market, probably because the headline was only a $1.7mm deal.... while we are all waiting for a new major fractionation deal or implementation of PPPS.... However, if you read thru the lines, you'll realize that this very well may be the first break in one of the true MAJOR Fractionators to adopt PLI technology. Interestingly, they arent adopting our PPPS technology directly in favour of the Cohn process as we have all been waiting for...they're not even partially applying the technology for a specific valuable fractionation product as had been rumoured.... they are implementing our BSE / CJD Ligand to their ENTIRE process... to produce the world's first BSE FREE Plasma Products.
Think about that for a minute... and think about the massive volume of plasma that the majors collectively put thru their plants. They basically control the majority of the world's plasma. How do you think the other major fractionators are going to react to the fact that one of the top four now offers BSE / CJD free product ? In the hugely competitive market for plasma products, a product distinction like that is HUGE... and in my opinion will force the other majors to come to the table with PLI to implement the same in very short order. ( in fact, I wouldnt be surprised at all if PLI is already in discussion with all the majors on this specific issue)
In my opinion... with PLI getting the long hoped for credibility with the majors... it will then be a foot-race to implement PPPS either in stages or entirety... and they will all want to be there first once one has cracked...
On top of all of this, we are truly on the verge of launching our blood filter... and perhaps more importantly, we are on the verge of Phase II trials from our long awaited potential blockbuster drug.
With all of the whining and pumping and BS that goes on this board these days... its going to be very nice to see indisputably good developments unfolding built on the base of a great technology and fundamentals.....
I dont read the board much anymore, but from what I read in the last week, there seems to be a sense of capitulation and resignation that only re-enforces my conviction that we are going to go alot higher from here in relatively short order.