Mindstream Aquarium Monitoring System

[Opus123]

Maybe they burned through their new cash infusion and need another infusion to get the product out? I honestly think their main goal now is to get bought out.

 

[soulpatch]

Maybe they burned through their new cash infusion and need another infusion to get the product out? I honestly think their main goal now is to get bought out.

With everything else coming onto the market I think that shot is blown as well...

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[Opus123]

With everything else coming onto the market I think that shot is blown as well...

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You are probably right.

 

[Opus123]

They posted this back in September. I highlighted the interesting part.

"We are very pleased to welcome Doug Usifer as a new member of the SAI board of directors. Doug is currently the head of Chemicals and Plastics for Headwaters MB, a nation-wide boutique investment bank. He has over 20 years of chemical operations experience and BA, MS, and PhD degrees in chemistry. Doug brings some very valuable knowledge and experience to SAI including mergers and acquisitions, capital formation/fundraising, licensing agreements, and chemistry research and development."

So that tells me they either need more capital or they are looking to get bought out, or maybe both.

 

[Breadman03]

With everything else coming onto the market I think that shot is blown as well...

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Agreed.

 

[marinereef01]

This whole thing of waiting and MindStream's false promises is redicilous. Their website still says "Coming Soon in 2017"

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[gcarroll]

This whole thing of waiting and MindStream's false promises is redicilous. Their website still says "Coming Soon in 2017"

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They still have a couple of days you know?

 

[marinereef01]

They still have a couple of days you know?

[emoji849]*[emoji354]

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[marinereef01]

Aaaaaand they just took the 2017 date off their website

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[fishdip22]

I think we will get to mars befor this comes out.

 

[gcarroll]

Aaaaaand they just took the 2017 date off their website

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Lol!!!

 

[Opus123]

Wonder if we will be putting Mindstream in place of Otto.

https://www.yahoo.com/finance/news/smart-lock-maker-otto-suspends-130036985.html

 

[Opus123]

Apparently it is now "later" this year.

 

[Chitownpw]

Apparently it is now "later" this year.

Their FB page has a little more detail and some posts from recent trade shows


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[Opus123]

I like how they state they are glad to be back at Reefstock "again this year". I've heard they are not going to honor their price that was given to the initial kickstarter donors. If true I have to assume the price has gone up with all the delays.

 

[Chitownpw]

At this point, I am willing to invest in whatever hits the market first - trident, this or some similar product.


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[monkiboy]

At this point, I am willing to invest in whatever hits the market first - trident, this or some similar product.


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so why not pick up the GHL or focustronic solution?

 

[gcarroll]

KH Guardian has been on the market for about a year and they just announced a calcium version.

 

[Chitownpw]

I was referring to the next generation of monitors


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[Opus123]

They must have a major issue. If you have been showing demos for over a year but still don't have a product on the shelves, there is something wrong. I wonder if something just doesn't work or if there is a cost issue. They aren't helping themselves by their total lack of communication.