about time for our update on the "other projects" hey management - may get your PR dept involved in this one.
There were two ANN's by manaagement - August and November. When they were first mentioned in August last year they were going to do something and confirmed in November ANN which stated that updates were supposedly in Q4 2013 or Q1 2014. Well both those quarters are now past - I as a SH would like to know the progress of these - is our money being wasted or what?. When they were first proposed it was stated that they were proof of concept in order to save time and money in determining whether they were viable. How much time and money spent to date and what isthe verdict???.
Brokers report this year mentioned about the new "projects": "We have not at this stage attributed any value to two pre-clinical stage novel therapeutic candidates flagged, but as yet not detailed, by management".
Does that mean they had been discarded?? Management you need to inform us where they are at - if dioscarded let us know, if continuning lets us know BUT with an explanation as to why they are still being pursued. hopefully transparency will be foorthcoming.
ACR Price at posting:
$1.80 Sentiment: None Disclosure: Held
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