The management is the weak point. How many institutions have been involved in recent years’ CR? Where r they now? Do we have any substantial institution holder? Zero per my understanding. The management doesn’t care about shareholders or they don’t know how to do the business, PIQ is a very old fashioned company, to say the least. They need promote their products to get more attention/fund and expand/accelerate their business with the fund, repeating the same process again and again. Their patents r not very advanced(worst part is too expensive) and new starter could surpass them in short time utilizing new technology, 4 example, big data and machine learning to find a proper model to detect disease in advance. Detecting disease is much easier than healing. PIQ needs a new board to lead the company otherwise will fade away quicker than u think.
PIQ Price at posting:
48.5¢ Sentiment: None Disclosure: Held
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