IRX 0.00% 3.2¢ inhalerx limited

Ann: AGM Presentation, page-42

  1. 4,312 Posts.
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    I would suggest you go back and read the prospectus. They specify the revenue stream etc.
    The revenue they received from Barun to date are from development work which they charge around $140 per hr with a minimum 22k something per month.
    They have their skin product which they are planning to sell however it is unlike to find a suitable buyer or they sell the IP very cheap.
    I read the prospectus couple of times and done research in the background to support the company however they havent delivered much to date.
    I sold at 14-15c with a huge loss for tax purposes and kept a small parcel left.
    Management are reluctant to buy in at this value. I done some research on them, there isnt much incentive for them to promote the company.
 
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