Decent conference call..With the CEO reiterating he has been in contact with the Certifier for the CE mark and that they had got the approval for the design of the catheter and that the official CE mark was very close. It has passed the 30 day timeframe set, but this is quite normal due to the backlog that one can imagine in a organisation like this!! CEO sounded very confident it was imminent, they have also started hiring sales and product specialists in anticipation of approval so are putting all the building blocks in place to be able to role out on approval. This company is very under the radar with low volume and a sticky register...Will be interesting to see it unfold after CR approval.
IMR Price at posting:
$1.17 Sentiment: Buy Disclosure: Held
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(20min delay)