Sp of 30 cents at the time, now at 13.5 cents, failure, (?) of other participants to follow up with participation in current CR, funds received not adequate to continue operations, necessitating this CR.
Sincerely hope they get this right this time, any forecasts for the future will need to be virtually ‘iron clad’ to ensure postive sentiment.
At least this time, SB will ensure their investment is looked after, thus perhaps, ensuring the funds this time push Admedus to a postive outcome.
Can the BOD, 100% guarantee that TGA holdups (?) will automatically bring in meaningful sales to add to revenue/profit? Admedus it would seem did expect this to happen (?)
SB, imo, may be just what the company needs to keep it on the ‘straight and narrow’
Ann: Admedus Secures Strategic Investor, page-221
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