ADO 0.00% 2.7¢ anteotech ltd

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  1. 658 Posts.
    hi mjc,

    i have gone thru this bit of info too.

    imo, these 2 collaboration was done before Dr Geoff cummings appointment. Prolly there has been some change of direction for the coy by the CEO (which i believe is a good move for the coy, look at how Geoff changed the coy around and has ADO's technology being validated by the Bigger players)


    with regards to revenues as stated in ur earlier post. i think the coy hasnt really update thru ann the developments of the two collaboration.

    the revenues receipt by the company during the peroid of 2009.

    sept-dec 2008 - 10k
    jan-mar 2009 - 341k
    apr-jun 2009 - 126k
    jul-sep 2009 - 96k
    sep-dec 2009 - 63k

    i wouldnt say that the proj was a success due to the lack of updates but i guess we got a part of that 400k.


    but anyhows, that was the work/direction from e interim CEO, and ADO is now under Geoff and his records speak for itself.

    his links due to his industry experience is proving to be very useful and i look forward to the next deal.
 
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