MEM 0.00% 0.7¢ memphasys limited.

Ann: Initial Felix product sales update, page-43

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    This is bad news strictly from a short term and trading perspective. Thinking broadly about the business and what this announcement means for MEM long-term it is good news. The alternative to identifying issues now, is that they release to early markets (which whom are all industry leaders) and they find the product is rife with issues, which then means the company's reputation would be in the dumpster and they would need to move mountains for further sales. This is good news because MEM can manage the issues now and release a viable product as well as build their reputation as a reliable and ethical organisation. By no means was I up-ramping. I offered a business and long-term perspective. If you want to see the company strictly in financial and short-term valuation then you don't need forums for that.
 
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