RGT 0.00% 30.0¢ argent biopharma limited

Ann: First Major European Sales and Revenue for MGC Derma Range, page-8

  1. 1,377 Posts.
    lightbulb Created with Sketch. 1
    Good news, but there are still no dates re the revenue coming through the door.

    Still no $ for Cali deal either nor indication as to when we will get $ from this agreement.

    This loose language doesn't allay all my concerns. Don't get me wrong, im happy with the ANN, it's just id like to actually see (or know when to see) the money come through the door; same as re the Cali deal.

    "MGC Pharmaceuticals will receive approximately AU$65,000 revenues from its first order from CMH. The entire distribution agreement represents revenue of €320,000 (AU$500,000) in gross sales and represents a retail value of over €1,000,000 (~AU$1,500,000) in total."

    Also, no word on PANAX still...

    LTH and fingers still crossed on this play, been a holder since the RTO and hoping to hold well into the future. Bring on a good 2017.
 
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