GMV 0.00% 3.9¢ g medical innovations holdings limited

Investor Briefing Perth, page-14

  1. 682 Posts.
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    Hi $tockfella,

    I read your post when you first penned it and felt obligated to respond then, however I couldn't think of a correct response at the time. Given everything that has happened with the coronavirus and consequently GMV's share price, I felt impelled to respond to the outcry from our shareholders.

    GMV is on the path to becoming a Global Health Company and given the subsequent lapses in meeting timeframes and or deadlines, we find ourselves in this uneasy predicament. The predicament I talk about is the share price. No-one would of thought that we would find ourselves at this ATL of $0.071 but it is what it is and the world wide response on the market due to the coronavirus has also driven our SP down. GMV compared to the rest of the market is doing ok so DYOR prior to bailing out.

    For the record and this is IMO, GMV will become a Global player in the Health Care Sector in due course. The timeframe for the NMPA by the Chinese Government is completely overdue considering the Green Channel Process. We would be talking a different tune if we had of received approval mid 2019.

    The China market is huge and when the Approval is given, it will propel GMV into an intirely different stratosphere. It will be a massive uptick for GMV and it's market share will be huge given the monopoly that we would have over the rest of the world. Dr Yacov when considering his business plan would not of envisaged the Approval process taking this long. That is why his performance shares and bonus shares were scheduled for late 2019/early 2020.

    Dr G will miss out on his shares that he was due to pick up this quarter and he will also find it difficult to maintain his %50 share holding. How he will navigate this CR is going to be interesting, but what we should take onboard, is the massive amount of his own personal money he has funded into this company. I have never witnessed a CEO pump so much of his own money into a company. Dr G wants this company to succeed just as much as we want it to succeed.

    GMV will become a Global Business in the near future, whether that involves you as a shareholder is upto you. Given the current share price, it is either a bargain or a tax loss. You are either a believer or non believer in GMV's story. I am a LTH and huge believer in what GMV has in store for the future.

    GLTAH'S DYOR

    Cheers Rubes
 
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