So what do you suggest Pledge ? Lay off 20 staff, that would be a huge boost to the company .NOT . Then to find out that we need them.
But this does not go far enough for you , we better dump our stock pile and save perhaps a few thousand dollars. That won't look good on the next financials down 20 or so million in assets but ha we saved a few grand. Of course you would announce this to the market, down go the SP $1.00? Creditors, how would they think.
Then blow me over , The WH is on the phone, they had a look at the ARDS results and want as much remestemcell as we can supply.
I have no doubt that SI has taken steps to control spending however I for one would be very concerned if it was at the cost of our staff or maintenance of our assets. My guess is that he would be scaling back production , a substantial benefit of around 5 - 10 million per quarter.
MSB Price at posting:
$2.46 Sentiment: Buy Disclosure: Held
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