GMV g medical innovations holdings limited
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Ann: Paycheck Protection Program loan received for US operations, page-7

  1. Poorrundownhill
    909 Posts.
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    22/05/20
    09:55
    Post #: 44768257
    Beautiful. This is a forgiven loan. No repayment will be required. Basically it is a grant from the US government to cover wages and operations. This alone will bring the normal business operations for a quarter to break even. We lost $660k last quarter.

    Great news.
    GMV Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 9  Great analysis
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