high risk no reward .....lose everything......read the headline...

high risk no reward .....lose everything......
read the headline from the announcement ...
Nextract’s alcohol-free, orally dissolvable strips offer near-term path to revenue, targeting
Australian and MENA markets — $1,000,000 placement secured to expedite clinical
development and regulatory approval process

Nextract’s alcohol-free, orally dissolvable strips offer near-term path to revenue, targeting
Australian and MENA markets —$1,000,000 placement secured to expedite clinical
development and regulatory approval process

near term path to revenue .....so no revenue will be received from day dot.....we have to spend money to bring to market.

targeting australian and middle eastern countries ...you have to do clinical trials before you can sell to either markets ....

i million placement to secure to expedite clinical development ........to set up a proper lab would cost u more than a million ..

and regulatory approval process ...well if any one here has bought into pharma before this usually takes more than 3 years,
and a whole lot of money ......