RE:Strips...To be or not to beSo says you. LDS has been saying the opposite for the past 3 years. So what is it ? You making up excuses or LDS hasn’t a clue ? ......
Hempdoc wrote: Trying to precisely distill LDS’ trajectory may be more a foolhardy task than a monumental one...too many unknowns, too little revenue data...just trying to keep my eye on the next curve ball.
1). Staying on the lookout for LDS converting their enhanced provisional patent by year end. It was in early Jan of this year they announced they had submitted an enhanced provisional app. LDS will have to file a “non-provisional” app by early Jan 2019 in order to claim the Jan 2018 filing date as the date of invention. This date would thus serve as the starting date for any patent rights protection, if granted. Once the non-provisional app is filed, it can be tracked through the USPTO...unlike the provisional, which is not published.
2). Are the CannaStrips an illusion? These unseen precious strips have been studied, enhanced, re-enhanced, packaged, repackaged....If they exist & are unique/patentable as reported, it is no surprise they would not be on shelves at this time. Any public use or sales of this “enhanced version” strip can constitute prior art & invalidate your future patent. If patentability is important to LDS, & it should be if they want to maximize future profits/licensing opportunities, I do not expect to see the strips on shelves until the non-provisional app has been filed.
3). Clinical trials? I also do not see this happening until a non-provisional app is filed, which would also help mitigate any future potential for litigation, etc.
4). Keeping $1 million monthly revenue as my low-end threshold (til year end) based on projected cash burn rates in the near term.
Good Luck Longs