exberliner1 I think the ALTOA's are a little bit of stretch at 8c by September - I have a target of 6c short term.
That being said, we do have a few nice price catalysts in the mix at the moment that just may get it close:-
- Brazilian distribution agreement draft received. Increasing survey to encompass additional hospitals. Terms being negotiated. Cashflow positive result so very well could send share price 4 - 6c.
- Multinational US distributor requested and tested product with favorable result. Awaiting further news. Could well secure an MOU or Clinical trial in which case we get to know who.
- SE Asia distributors identified and meetings scheduled for coming month. Could well lead to LOI and trials similar to Brazil.
Options in the money would be nice, but for longer term I would much prefer to see Brazil signed, trials and LOI in SE Asia and to identify US major, perhaps secure trial.
quarterly, page-7
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