I don't agree with you on that point Malt.
I see so many calls for management updates and keep thinking, why do people think the sausage factory gives free tours to shareholders?
The only thing management should be doing is making sure the revenue engine has funding to make payroll and secure time and development tools.
WRFX trade secrets and Paranotek utility patents are asset multipliers for valuation against revenues. Proctor and Gamble, Pepsi, Coke and KFC all protect their secret recipes behind trade secrets processes. They didn't start out as sub-pennies stocks either, but you get the point. Low cost of entry for all. The minimum private placement buy-in for Facebooks IPO was 5 Million dollars.
P &G had patents on bottling, mixing and production processes, but their sales figures is what investors cared about.
Once the Paranotek patent is accepted by the USPTO and published, that process is protected by patent law. Until then — their business process should not be open source or Creative Commons or subject to public review.
Successful companies don't update shareholders with meeting notes, technical diagrams or copies of prospective contracts. They make money and that translates to share price uplift.
Whisper Systems did the same thing, their secret sauce is proprietary and they are valued at over a billion dollars. The combination of “open source” and trade secrets makes perfect sense to establish technical creditability and business viability in their case.
Who is the “underwriters laboratory” for encryption? The National Institute for Standards and Technology? The National Security Agency? Dell Computers? Apple? Microsoft? Bank of America?
Maybe this is why we have so many data breaches...we have too many self interested cooks in the kitchen.
WRFX WRFX WRFX WRFX
I see so many calls for management updates and keep thinking, why do people think the sausage factory gives free tours to shareholders?
The only thing management should be doing is making sure the revenue engine has funding to make payroll and secure time and development tools.
WRFX trade secrets and Paranotek utility patents are asset multipliers for valuation against revenues. Proctor and Gamble, Pepsi, Coke and KFC all protect their secret recipes behind trade secrets processes. They didn't start out as sub-pennies stocks either, but you get the point. Low cost of entry for all. The minimum private placement buy-in for Facebooks IPO was 5 Million dollars.
P &G had patents on bottling, mixing and production processes, but their sales figures is what investors cared about.
Once the Paranotek patent is accepted by the USPTO and published, that process is protected by patent law. Until then — their business process should not be open source or Creative Commons or subject to public review.
Successful companies don't update shareholders with meeting notes, technical diagrams or copies of prospective contracts. They make money and that translates to share price uplift.
Whisper Systems did the same thing, their secret sauce is proprietary and they are valued at over a billion dollars. The combination of “open source” and trade secrets makes perfect sense to establish technical creditability and business viability in their case.
Who is the “underwriters laboratory” for encryption? The National Institute for Standards and Technology? The National Security Agency? Dell Computers? Apple? Microsoft? Bank of America?
Maybe this is why we have so many data breaches...we have too many self interested cooks in the kitchen.
WRFX WRFX WRFX WRFX
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