Well, it's more like a holding company - of what used to be a company - albiet tiny - holding intellectual property. I own some shares, but I would not buy more. Keep in mind that there are plenty of companies that started with one or two people in a garage. Odds are - forget the odds in this case.
Two employees.But MCET's case various "insiders" bring a lot to the table. Stephen Chang, Sangeeta Bhatia and Jerry Newmin as well Barbara Corbett who manages investor relations.
Folks like bioscientist Ron Faris* also orbit MCET. The Board and Scientific Advisors are very active in MCET machinations, more so that in many other companies. Further there are various researchers who are not counted as employees. I noted this when I visited MCET in Rhode Island in 2003 and 2006 .
*Ron FAris went over top Corning pursuant to the 2007 deal where Corning -
-bought out the license to use the immortalized liver cells for drug testing (MCET retains control over other uses, e.g. therapeutic protein manufacture.)
For the new investors, listen to ttggggtt, she has been here for a very long time, and is consistently a voice of reason and truth. Any doubters can start at the beginning of the MCET yahoo board over 44,000 messages ago and see that she has been here contributing.
Good action, looking forward to news.
Eight years ago, I went to work for a company that had 3 people and nothing else. Today we have 155 and have made the Inc Magazine 500 fastest growing companies for the past 4 years. Number of people make no difference if you have a good plan. Now the question is do they have a good Plan/product? I'm gonna hang around a bit longer and see.
Also I bought a ton of Sirus when it was .05, it is now 1.55. The pump & dump people there wish they wouldn't have dumped now.