RE:RE:RE:RE:RE:For comparison on how long to 'siliconize'During Mr. Geruson's online presentation from a few months back, he explained that when he joined NexOptic, that he recognized that some directional changes to optimize opportunity were needed.
Of the entire presentation, I found that point most interesting.
I have no idea who brought him in to the company, but it may well have been another Board member. Or it may have been a potential partner. But it was at this point that the focus switched to A.I. applications. Was Covid really the issue that "forced" them to turn on a dime and redirect their focus? Or was Mr. Geruson looking forward, beyond the DoubleTake?
I do not believe the DoubleTake was going to be a company maker. Not when I consider how people have transitioned from cameras to telephones for their majority of their photographs.
DoubleTake didn't have the unique quality of a GoPro. And it was somewhat bulky. Why buy one for 1500 when a good phone costs less and meets the photographic needs of most consumers?
No, Mr. Geruson saw the "black box" algorithms as a potential company-maker.
And here we are.
As an investor, I have learned to roll with the punches. Not to dwell on past failures, but to learn and look ahead at what will optimize our chance for future success.
I believe Mr. Geruson does the same thing. VoiceSignal proved it to me.
This investor will hold until we learn more.
Best 2021 to all.
GG