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Ann: Investor Presentation - February 2019, page-3

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room10

196 Posts.

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14/02/19

18:32

Post #: 37440801
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Originally posted by Bear10 ↑

This presentation seems clear that fda diagnostic aid as we all invested in is all but abandoned. The product that aims to assist gps but is not in any way diagnostic is unlikely be adopted by time poor doctors when it is merely a data source in the same way wearables provide. Medibio are not likely to commercialise at all which they’ve changed to CY end 19. Small pilots. No diagnostics. No de novo. No quality and regulatory staff. No FDA experience. With the one product they have developed listed for a possible longer term focus but not next 12 months. No burn but no product.

I think they just killed all further subscription likelihood. Goad Fidelity and Regal don’t manage my funds.

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Not sure where you're getting your information from @Bear10 but the company and its technology/products are in better shape than what you have described and certainly in far better shape than it was left in by previous management. You and your significant other will be very much aware of those circumstances I'm sure. perhaps with your insight you could enlighten us about how the company churned through over $13M in a little over 12 months with no result.

MEB Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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