My Thoughts @Jcw007 I still believe we are grossly undervalued...

My Thoughts @Jcw007

I still believe we are grossly undervalued compared to what we have achieved and think we have been unjustly punished for not meeting "best case scenario" predictions. It is a remarkable achievement imo to have sold the product into the number of high quality, well respected hospitals that we have considering our size and the way the industry often quickly dismisses great ideas. None of this, absolutely none is factored into our market cap at the moment imo.

Clearly management has picked up its marketing and sales game in recent months, true to their word. Personally I think they will succeed in this endeavour in time.

The product set ALC has created is still basically unique in the market, this shows me that what they have achieved in its development is no mean feat, but being unique also throws up its own challenges when selling it to the market. People like a comparison, it makes them more comfortable I guess.

These things (sales process) do take time. Quite a bit of time in this industry actually, but they should be well underway now and the pipeline should be looking very strong. This was confirmed as true by management last time I spoke with them.

We are also aware that certain new directors will be looking to purchase their own piece of Alcidion when they are legally able to do so, ie there is something in the works.

The main catalyst for me will be the contracts we all know are coming. Id go so far as to say they are as close to a sure thing as you can get in this game. I don't think we will have to wait long and as indicated previously they will be finalised with a push for new investors. Is that what we are seeing unfolding now? Time will tell.

My position remains as a hold because of no free funds, but a screaming buy as funds become available, thus my sentiment.

FYI, I still hold my views on the share price "action" that Ive discussed at length previously.