The below comment made by MEM Managing Director, and printed in the TechInvest article (as attached above), talks about the amount of testing and evidence which is mounting in support of the Felix System.
IMO, the timing of this comment suggests that the Monash study test results are looking strong from MEM's point of view. Otherwise, why/how could the MD of MEM make such a statement.
Also, i am sure that the Brazilian company involved in this new deal with MEM would have asked about the pending study results considering they will be released in the very near future.......and i am sure that MEM would have had make comment on the study results while discussing the deal.
Within that context, i don't see how this Brazilian deal would have gone ahead if the pending Monash trial results were anything other than positive.
IMO, the fact that this deal has been established at this point in time, suggests that the the Monash trial results are going to be strongly positive.
MEM Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
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