PEB - Pacific Edge Ltd

[kiwidollabill]

More brilliance from Otago.
But I really struggle to see the wider economic benefit in selling the patent for "several million" , when it has such huge potential?

edit - are there examples of where UoO has had fingers burnt? You are surely not suggesting PEB has cost them?

Yes huge potential, where abouts is the expertise to successfully take the product to market to realise the benefits?

May not have cost in $$, but PEB and BLT has certainly made them very gun shy.

[psychic]

Yes huge potential, where abouts is the expertise to successfully take the product to market to realise the benefits?

May not have cost in $$, but PEB and BLT has certainly made them very gun shy.

If they are "certainly" gun shy you will no doubt be able to evidence this somehow?
You think taking things to the world is something NZud is incapable of right?

[Minerbarejet]

No I havent, educate me?

Certainly -
it is an acronym of Pacific Edge Diagnostics United States (of) America.
Now we have got you on the right track -good luck with your remaining voyage of discovery.
Must admit I was taken with your sense of humour regarding ATM.
Being bullish on something that comes from cows.
Very clever.

[kiwidollabill]

If they are "certainly" gun shy you will no doubt be able to evidence this somehow?
You think taking things to the world is something NZud is incapable of right?

How many other companies has UoO taken public?

[skid]

Jeeze,You guys are a real pac of wolves with the sarcasim,I'll bet any one of you would give your eye teeth to get a glimpse of the inside operation and when someone has,and doesnt say what pleases,instead of checking out the facts(like why are they using the old 30yr old technology instead of the newer procedure) you come down like a ton of bricks on a personal level.

Miner--your right ,I failed to include the rise from .50 to $1.70(on hype) those were the days eh?

[psychic]

How many other companies has UoO taken public?

I don't know, and would not claim to know - if I didn't; I don't know if yours is a relevant question, but to the point -
I don't know if your asking it answers mine...

[Tsuba]

You take this guys word as gospel Skid. He worked for one of PEBs suppliers. I don't think that gives him inside knowledge on the operation.

I don't think he is even prepared to tell us his exact role as a supplier or what he supplied them.

[psychic]

Jeeze,You guys are a real pac of wolves with the sarcasim,I'll bet any one of you would give your eye teeth to get a glimpse of the inside operation and when someone has,and doesnt say what pleases,instead of checking out the facts(like why are they using the old 30yr old technology instead of the newer procedure) you come down like a ton of bricks on a personal level.

Miner--your right ,I failed to include the rise from .50 to $1.70(on hype) those were the days eh?

Skid. I'm not totally convinced $bill has more inside info than you or I.

On the prep side, if the (very) clever people at PEB thought it was a good idea to change procedures from a 30 year old one (according to $) to an decade old one, for a miserable $100k, you don't think they would do it? Seriously? Furthermore, the process to purify DNA is by my understanding only one part of the sequence, and that is all $ has commented on.

He introduced himself by warning people against this stock. Have yet to read anything credible to demonstrate he knows anything about PEB at all tbh. No offense intended.

[kiwidollabill]

On the prep side, if the (very) clever people at PEB thought it was a good idea to change procedures from a 30 year old one (according to $) to an decade old one, for a miserable $100k, you don't think they would do it? Seriously? Furthermore, the process to purify DNA is by my understanding only one part of the sequence, and that is all $ has commented on.

If you read back, I stated that their prep techniques were a liquid-liquid extraction of urine (DNA is present at a low concentration in raw urine) followed by a manual spin-column extraction. They have been unable to transition to prep methods utilising magnetic beads, and hence cannot use the automated workstations I mentioned earlier. I'm sure the team would love to change their methods, however, due to technical shortcomings they cant. You are correct that the DNA prep is only one step of the workflow, however in this case it is also the rate determining step. If you are talking throughput and efficiencies these are the areas of concern.

And no, I'm not going to provide further detail of my previous involvement with PEB, I'll keep a shred of anonymity.

Yes, I believe (i.e. I'm providing my opinion) that UoO are now very gun shy of trying to commercialise their IP through the startup of new companies, particularly in the life sciences sector. This opinion has been formed from indirect comments made in a number of presentations by the commercialisation dept.

If you don't want to listen to my opinion then fine. However I (again, my opinion) wouldn't be comfortable investing in speculative/cash flow negative companies which I have little knowledge of their workings, or the industry they are involved in. i.e. I know stuff all about accounting software so I wouldn't invest in XRO, nor would I blindly follow the cult-like behaviour which treats it as 'the next big thing'

[psychic]

If you read back, I stated that their prep techniques were a liquid-liquid extraction of urine (DNA is present at a low concentration in raw urine) followed by a manual spin-column extraction. They have been unable to transition to prep methods utilising magnetic beads, and hence cannot use the automated workstations I mentioned earlier. I'm sure the team would love to change their methods, however, due to technical shortcomings they cant. You are correct that the DNA prep is only one step of the workflow, however in this case it is also the rate determining step. If you are talking throughput and efficiencies these are the areas of concern.

And no, I'm not going to provide further detail of my previous involvement with PEB, I'll keep a shred of anonymity.

Yes, I believe (i.e. I'm providing my opinion) that UoO are now very gun shy of trying to commercialise their IP through the startup of new companies, particularly in the life sciences sector. This opinion has been formed from indirect comments made in a number of presentations by the commercialisation dept.

If you don't want to listen to my opinion then fine. However I (again, my opinion) wouldn't be comfortable investing in speculative/cash flow negative companies which I have little knowledge of their workings, or the industry they are involved in. i.e. I know stuff all about accounting software so I wouldn't invest in XRO, nor would I blindly follow the cult-like behaviour which treats it as 'the next big thing'

Thank you for the full response. But my argument remains that we know they have the capacity to process tests in the numbers required for the next 3 or 4 years yes? In that time all sorts of improvements to the process may be made. But you seem to be dismissing the concept because they cannot currently handle tests in excess of what is required...