Gotta love investing. Uscom were 17.5c at the end of March....

Gotta love investing. Uscom were 17.5c at the end of March. Since April they have received China NMPA approval for BP Plus, started approval for 2 new devices for China , spirosonic air granted European sale approval, sale approval for 2 new monitors for Australia, received AAA China credit rating, Russian approval and distribution for 1a device . 6 separate positive announcements not including 2 directors purchases $330k worth of shares on market and the share price sits below where it was before all of these announcements.
Just goes to show that building the ground work for future sales has no impact. Investors are only interested in immediate sales and revenues and most seem not prepared to give a damn until such.
Not expecting much sales progress at all with the next set of quarterly sales figures as the roll out of new products mostly missed the quarter and most countries only just starting to work their way out of covid restrictions so perhaps others are staying away for that very reason but I expect the comments to be quite upbeat going forward now that the sales groundwork is piece by piece being layed.
The business model has seen Each announcement has lay the groundwork for future sustainability and future growth and profits. At this stage the market is not prepared to reward the company in advance.
Seems most are more comfortable paying perhaps considerably higher prices in the future on confirmation of sales growth rather than buying earlier and reaping the serious returns by being patient if the sales growth that I am very confident about eventuates.
keep building the pathways Mr Phillips and team