phi19 Oct 2018 14:11
Hi Phil01
Hello and welcome to the board. After reading your post I have to say you do make some very valid points and raised some good questions.
You are right, we do all read an RNS and we do see it many different ways. In this instance I do see it as a positive step for PSL and when I said it’s extremely good news for PSL I meant it many ways. One, as an investor myself and like many other’s the mood here has been rock bottom for some time. There has been lots of speculation around the capabilities of PSL and are they most importantly, are they reaching out to companies and are companies interested in them. This confirms to myself that PSL are still very much a player and companies must have some confidence in them to take it to a trail / partnership.
Point one you raised, my opinion it’s not just the opinion of the CEO and I think this would have been a statement made to James when the association was looking at the products. Otherwise it would have read “in my own opinion these products are more mature “when in fact it’s written as almost an actual quote , and don’t forget this would have been read by the association first before released and its not been corrected.
Point two, you are right. This area does need more clarification, however my take on this is: I would have thought before entering another trial the association would have done some more exploring and questioning based on their previous trails. Why enter another trail when previous trails have failed in this area. One would hope that they would have checked compatibility first before committing. Also, there is no confirmation if the other several technologies will actually integrate with Halcyon V2 they may be just part of one big trail and they work separately. But again more confirmation is needed. The statement at the end confuses this also by saying the “data from the trials will also be integrated with other systems the association uses “which makes me believe they are separate from the several other systems they refer to and that they already know they can be integrated with each other.
I don’t think the association has many other options in moving to other companies, as how I read it other companies have failed hence this is a partnership and not classed as a trail. I believe the association has seen enough to work with PSL and truly make this a unique system for their need. The other trials are ongoing and they may not need the same specifications as what this client is requesting. This would explain the large recruitment drive recently also and they have heavily been investing in senior techs and so forth. I think this trail is going to open many doors for PSL and draw a lot of attention to the business.
Again this is all my own opinion , I personal believe it’s a big step forward and one I think will be very successful