OVN 0.00% 2.0¢ oventus medical limited

I like the technology , but they failed to get cashflow positive...

  1. 33,434 Posts.
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    I like the technology , but they failed to get cashflow positive in Australia even after several years , then looked to the USA as a bigger market , went there and the resulting sales have been to me less than impressive to date while their costs per quarter have gone through the roof

    From a new promising business perspective I had thought the may have been able to get into a new form of organic toothbrush , however from the opaqueness in the presentation I am thinking some type of snow machine would be more in their skill set .
 
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