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Totally on point mate! Claude is really doing a fantastic job....

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Cashgamma

113 Posts.

38

01/09/21

16:27

Post #: 55755677
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Originally posted by john12: ↑

There hasn’t been much reported from Claude thus far but take a look at the effort he has put in to reduce the massive burn rate. When he took over MEB was posting an annual loss of $7 mill (around 9.5m the year before that. In his first year he bought it down to just under $4mill and now under $1.5mill. Consumer app on track to be released next month, potential ilumen contracts in the pipeline and now in discussions with FDA regarding MEB sleep with a massively reduced burn rate. Previous CEO’s remuneration was $500k. Claude was on around $150k and is taking some of that in stock instead of cash. Next couple of months is going to be very interesting in my opinion!

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Totally on point mate! Claude is really doing a fantastic job. But because it's not reflected in SP (yet), people are quick to jump on him coz he is at the top of the pyramid. Very excited for October indeed!

MEB Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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Last 2.0¢		Change 0.001(5.26%)		Mkt cap ! $9.140M

Open	High	Low	Value	Volume
1.9¢	2.0¢	1.9¢	$571	30.06K

Buyers (Bids)

No.	Vol.	Price($)
1	17504	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	203847	2

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No.	Vol.	Price($)
1	17504	0.020
1	20104	0.019
6	515555	0.018
3	505263	0.017
2	53000	0.016

Price($)	Vol.	No.
0.022	203847	2
0.023	185145	2
0.024	29166	1
0.026	20000	1
0.027	500000	1

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