US Investors for Nuheara!, page-58

I thought we would see nuh trying to raise capital by now. Perhaps they are holding off in the hope they can announce they have been re-categorised as a hearable by the nhs and then raise? Maybe the re-categorisation process is taking a little longer than hoped, although it hasn't been long yet since the process started. In the meantime the next quarterly will be very interesting as it will show how sales are going without the step up which we were hoping the nhs contract would bring.

I think even the most ardent supporters of the company would have to be disappointed re at least one aspect of the nhs and that is that by now, according to the original deal, wouldn't the sales have started rolling in already? Hopefully for holders it is just a delay and that the re-categorisation will be successful and will result in strong sales. Delays to big contacts like the one we all hoped for with nhs, can be particularly painful at this stage of a company's development where they have spent up on inventory and things are tight re working capital going forward.

The uncertainty re cash and the nhs contract are the two main reasons I am not interested in buying back in. That said, the sp action has been extremely interesting. To me the levitation that comes with attracting new investors (well done nuh execs re this) can only last so long before it needs to be supported by sales (stating the obvious there). I see nuh sp coming off significantly over the next few months, that is my guesstimate and it not possible with such a spec to have much confidence I will be proved correct but we shall see. glta.