That's a big red flag right there as to the credibility of this "technology."
That there aren't venture capitalists stepping all over each other for a chance to watch a demonstration tells me that this is a con.
Most projects such as this are conducted in concert with a university lab and there are more venture capitalists hanging around those labs than four-eyed bio-nerds.
I smell a lab rat.
The change has been $20 oil then vs $50 oil now. That makes an enormous difference to a venture capitalist.
We'll have to convince the public that the "Bugs" won't get out and devour our forests and houses. Some countries would rather starve than use mutant grain; this is the attitude that must be overcome.