RE:Letter to shareholders...
DayofReckoning
Why do you say it will be 2 years before revenue from skin lightener? Where does it say that in the Letter from the CEO?
The letter states “Our short term focus is to formalize each of the LOIs that we have signed, confirming Sirona Biochem's first commercial transactions and predictable revenue streams.”
Therefore, this is a short term goal. What exactly is short term is anyone’s guess but it would not be reasonable to say short term is 24 months.
I am confused about the share price action over the past two days. It doesn’t seem to warrant such a drop but the market is like that. At least many can now realize the foolishness of posters that continually come here and talk about $10, etc. Those comments have absolutely no foundation… but they are popular.
Anyway, I am going to use this as a buying opportunity. Once an agreement is finalized there will certainly be a pop in share price.