RE:RE:RE:National Research Council of Canada Funding is HUGEI'd like to see them plow that $500K into R&D to further improve BioCloud, for example by coming up with a chamber that doesn't need replacing for every positive, or at least make a replacement dirt cheap even if that would ding recurring revenue. Might also be worth their (and our) while to get going on a breathalyzer version, even if it involves Health Canada and months of time.
BeCool2 wrote: Correct!! But I would also argue that it does more than just 'technical' validation. IMO, it also speaks to any 'timing' doubts people/customers may have in that it confirms this relevant public agency agrees that there is a significant future and applicability for this tech/products for the foreseeable future. Lastly, while I agree it's "not about the money", fact is the way this company tightly manages capital (and how efficiently they've been in developing BioCloud) $500,000 does add some cushion and will probably go some way in their efforts -- again, based on how thriftily they seem to be able to progress R&D -- at least seemingly compared to other companies.