GMV 0.00% 3.9¢ g medical innovations holdings limited

Ann: Notice of Annual General Meeting, page-71

  1. 908 Posts.
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    Going out in a limb and saying they probably anticipated more sales but we're restricted by approvals. We obviously didn't have much stock in hand hence the long lead times with Meditel. Being a cash strapped company they probably reallocated this money to business operations since there was no need to manufacture. A miss calculation on their part.

    I suspect this time is different. $7m is no small feet
 
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