Found this company at $1.10. Looks like good product and lots of potential products. Only thing that’s going to make money in next 12 months is the wine monitor business. How much is unknown. Longer term wine should be good business then wine monitoring supports the other medical type products. ATM P/S is still around 9 best case. Too expensive atm. Headwinds are $10m to upgrade facility to produce testing equipment that still needs FDA etc approval best case no problems 3yrs to finalise products. In 3 years they maybe break even with wine monitor business generating cash. Looking to buy around .11-.17 if get down there. And they stay on track overall. Good luck to holders.
Ann: Universal Biosensors banks $25.2 million, page-6
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