RE: Next-ChemX SEC filing link24 Aug 2023 10:12
Agree - in my experience things that happen successfully in the lab usually progress to a test rig then scale into smaller production then full scale - Lab proves the concept then the rest involves engineering and additional scale costs that take time and money and in this case if we are waiting for membrane sensors, then yes this may take a little more time but the company should be spelling this out that the opportunity here is huge and has not gone away. This should be done through a very large and engaging PR effort - this we have not seen.
I am MD of a medium sized company of 40 years standing in the O&G sector and as part of a MD/CEO competency should be communication with external stakeholders and shareholders to take them on the journey with you - I do this very well and our investors get no surprises and are told succinctly what are journey looks like, the time to get there (there may be some slippage) and how much it will cost and what we should enjoy in terms of profitability if it all works. This is done by face to face engagement and using social media to put out there non sensitive info that informs and educates about what we are doing and who we are.
David I have E Mailed you before but (very long shot) if you read these Boards and want some assistance let me know I can assist in this area. and I am guessing so can other SME's that are invested here.
Good luck, we know this can be transformational but currently it does not feel that way!!