What do I wonder now? Well, I wonder why there is no news or deals or financing or, gosh, world peace.
But to the point. It's been two months since Handy disclosed this fabulous POC had happened. Obviously by this point they had had the results for some time. Let's say it was a month. So it's been 3 months they sat on the info.
So in this amount of time they couldn't put together a financing? No one was willing to pony up to support the tech that's 18x's better than the best the tech world has been able to deliver? Seriously, Plume can raise $270M from a single VC and Yfi can't raise $2M.
So, I'm speculating here, in order to be able to leverage this world breaking news the last option was a couple of 13% $100K loans? I mean good on them. Any port in the storm. With the halt over they could break out the trumpets and here we are. In seven days the same news was released twice. Last week they got .12 out of the news. This week they got .025. It's hard to be excited by the same news.
Anyway, I know the baggies are all dreaming of the big deals that are cooking. But if they had any insight they'd be asking why dinner wasn't served long ago.