OSP 0.00% 20.0¢ osprey medical inc

Ann: Appendix 4C and Business Update, page-6

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  1. 792 Posts.
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    I agree, the sales seem to be heading in the right direction and there is a clear use case for the product from a health and economic perspective. Hopefully it's just a matter of time before they can reach enough scale to break even. Just depends on whether they run out of cash on the way and need a further CR. If the options are all exercised then I would think they'll be well funded - but of course that's a lot of dilution too at 1.4cents.
 
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