ADO 5.00% 2.1¢ anteotech ltd

Innova tests’ bad results headed for the bin., page-37

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    Innova ?? bunch of crooks get to keep $billions by the UK government while the government make Anteotech wait for their highly sensitive test approval !
    A Pasadena startup got billions selling COVID tests. Then came questions

    In the last year, executives at a Pasadena startup began flying from Burbank to destinations around the world on a pair of newly registered Gulfstream jets, one a G650 decked out in white plush seats, burnished interiors and other luxury finishes.
    Two executives associated with the same company also bought multimillion-dollar homes not far from the startup’s posh headquarters. And when Realtors asked for proof they could pay such prices, one of the executives handed over a bank statement showing a $128-million deposit into the company’s account from the British government.
    The recipient of that massive windfall was Innova Medical Group, a company formed at the start of the pandemic that became an unlikely global supplier of coronavirus tests.
    It was founded by Charles Huang, a 57-year-old former Chinese auto executive who settled in the San **riel Valley and is no stranger to ambitious ventures — including separate efforts to help revive the storied British carmaker MG Rover and to build a $4-billion hybrid vehicle plant in Alabama.
 
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