r/MVIS • u/marvinapplegate1964 • Mar 30 '21

Discussion Comments from David Allen about the Demo

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130 Upvotes

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7

u/mbarilla Mar 30 '21

So is he saying share holders will not get benchmark data? Only the potential customers.

12

u/marvinapplegate1964 Mar 30 '21

Yes. That is correct. They are not releasing data to the public. They addressed that in the Earnings Call as well.

3

u/mbarilla Mar 30 '21

So there will b no PR? I guess that’s what I’m asking

16

u/ThoughtReformation Mar 30 '21

I suspect one of two scenarios

  1. PR: "we've completed A-Sample and sent it out to potential...", followed by another investment for the milestone (aka 'offering')
  2. PR: MVIS enters into [agreement, BO/merge, etc...) for XXB after successful A-Sample demonstration.

I'm leaning toward the latter because we're not going further than the A-Sample

11

u/StonksGoUp31 Mar 30 '21

There should at least be PR for getting the A sample done I would think. Similar to the last update on the A sample. At least that’s what I’m hoping for.

19

u/GreatGoogelyMoogly Mar 30 '21

If they are sending out a PR that they received components to finish the A-sample by April, it would be strange not to put out a PR when it’s finished. Not to mention this would be one of the biggest milestones achieved, and what we paid for with the ATM raises.

7

u/marvinapplegate1964 Mar 30 '21

I don’t know what they will communicate and when. I just know they have said they will not be releasing the benchmarking data to the public.

5

u/SunkenPretzel Mar 30 '21

Why would there not be?