AC8 0.00% 4.0¢ auscann group holdings ltd

imo, the company spent too little money in development, how can...

  1. 579 Posts.
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    imo, the company spent too little money in development, how can you make money without spent money in real word? The funds on hand just too little for carryon any quality work, its more like the company is cooking the news to pump up it's SP with no actual value adding work. To achieve it's projected objectives, it has to raise substantial funding, which will further dilute the sp. Yes, it has licence, but has no advanced R&D investment and therefore a very long way to go to generate any income. The only possible income in the near future might be some commission from sell the medical grade products from Canada.
 
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