Ann: Quarterly Update and Appendix 4C, page-24

  1. 170 Posts.
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    Despite the SP move, this is a really positive quarter report.

    -They got hit with final interest payments and now moving forward they have eliminated bulk of their old debt so they can become cash positive. Eliminating $600kUSD a year in interest.

    - Abiomed sensors ramping back up in Feb, back to normal Q4

    - glucose monitor starting within current quarter (4m potential)

    - solid foundation for a cash positive company, something they haven’t seen in years

    I am frothing this, Ralph and the team and stripping the company back to its core foundation, eliminating debt and has set it up so it can turn into a profitable company.

    I wonder how quickly the SP would bounce back if Glucose and EUA Covid sensors landed within Q3.

    I have kept topping up with all these dips, almost at the 7 figure mark.

    Very exciting times ahead.

    Cheers lads
 
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