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why the doom and gloom?

  1. 472 Posts.
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    I've spent a bit of time today going back over past announcements and results from trials and it all leads me to wonder why there is so much talk of doom and gloom at the moment!

    OK, so we missed a milestone of signing a commercial agreement recently but I'll bet all the potential partners tried to use the deadline as a bargaining tool in trying to get an agreement which had a better bottom line for them. Good on management for not being bound by an artificial date and holding out for a better deal.

    OK, so there's going to be a capital raising. But look at the reason given for that, that we need more money to upscale manufacturing because we believe the market is bigger than first thought. Shouldn't we be celebrating that??

    What I find most interesting and encouraging from the trial results is that the patients for the trial appear to have been the most difficult to heal. And yet the results were still outstanding and far better than current "conventional" healing methods. How much better will the product be on less severe ulcers and further down the track on other types of wounds???

    Maybe I'm and optimist, but I tend to think of myself as a realist. I am excited about this product not only for the investment opportunity it presents but even more so for the benefits it brings to human kind.

    Stop the doom and gloom. If you don't believe in the product then get out and give the opportunity to others.

    Rev
 
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