IMC 0.00% 10.0¢ immuron limited

No luck with getting in touch with Amos this arvo, but will...

  1. 113 Posts.
    No luck with getting in touch with Amos this arvo, but will trying again in the next couple days.

    Also like to mention that our partner in Canada, Paladin Labs Inc (PLB) was taken over or is about to be taken over by Endo Health Solutions Inc (ENDP) for ~$1.6B

    Not sure what affect this will have on the agreement between IMC and PLB. PLB has very strong financials and has been doing extremely well. Travelan would be a very small addition to their existing product pipeline.

    I just hope this merger won't delay the sales of Travelan by too much or if any at all.

    I am really eager to find out who might be the equivalent of PLB in the US.

    If we get sales going in Canada and the US our revenue for 2014 should come close to say 1 - 1.5m and that with our MC the SP should easily be worth over 2c. But then that's a big IF.

    I will update on the phone call with Amos as soon as I get in touch with him and let's hope he is just as helpful as the company secretary.

    Please do DYOR before jumping on board.

    Good luck all IMC'ers
 
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