Sure is quite a bit of delusion on this thread.
People: the costs of running the business, for whatever reason, are simply too high to cover with what is being made. The medical business is slow to change, and it will take years and years and years to build the kind of momentum needed for a small cap outside to break into the market. Way longer than the current rate of cash burn that AHZ will allow.
Something is very very amiss with this company, and incongruous with that WP originally stated. Either he is incompetent, or he was lying. Probably the former, but who knows. Cockup before conspiracy.
This company might be reborn once SB takes over (or whoever) but right now Admedus has zero bargaining power at the table and zero investors wanting to throw anymore cash at this dog. They had their runway, and it’s gone.
Thank jeebus i got out when I did, the loss hurt at the time but now I can only thank my past self.
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