Ann: Notice of Annual General Meeting, page-190

I think we are all a bit doom and gloom here guys

yes the share price is down, but the company is actually producing revenue via its IDTFs and isn't far away from neutral operating cashflow. That's a pretty good situation for a penny stock. it's also doing about $8mio per annum ! I will admit that they haven't sold much (if any) of their core prizma product and haven't really had the chance to get going on the patch yet

It ran a 600k operating deficit last quarter just as covid hit (not that bad) and had a raft of regulatory approvals and distribution agreements in the last quarter as well.

this is actually pretty good for a company at this stage and really is just opening up opportunities. A lot of people are demanding instant purchase orders and results and we all are very frustrated with the depressed share price I agree.

but this is going to take time and money to really get going

the company is far from folding and still has access to capital markets and a $30 million funding facility via GEM that it can tap for working capital.

I bought another clip this morning for what it's worth and actually pretty keen to see what the 4c brings in terms of progress and updates - unless of course we get something prior

I am down a chunk here as well and have well over a million shares now - but the night is always darkest before the dawn....

Anyways it's June - so if you don't like the company or current situation get out and tax the tax loss. If your happy to watch then watch, if you really like it - grow some balls and buy some more

just my two bits - rip into it as you will