KSX 0.00% 1.5¢ karmelsonix ltd

contingent conditions , page-3

  1. 1,257 Posts.
    if you look at company announcements

    visit the Investor Presentation dated 12/07/2007

    this is where they mentioned FDA approval turnaround approx 90 days

    tomorrow (12/10/2007) will be exactly three months
    since mentioned in announcement

    as it is difficult to tell exact date of lodgement no one really knows whats going on?? however, it maybe that lodgement was made prior to 12/07/2007, therefore investor perceeption is that time is up!!!!!

    therefore, i don't think management are silly to lose investor interest so early into their ambitions for product commercialisation

    they might have funding for now but it is extremely difficult to convince an investor to come back after they become doubtful about how management are running the show


    dyor

 
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