I agree. Marketing is a good way for pushing products that have no lab tested proof. So the brand power will be important.
I'm a believer of the saying: good management makes good companies. In Acuvax, we have most of the directors having investment backgrounds. You'd expect directors with good lab/chemical engineering experience would be ideal. But thinking optimistically:
-We now have a product to invest in -We have investment/mining/accounting/resourcing background directors. These industries sectors rely alot on brand power for people to invest in them or purpose their products. -Referring to the above, hopefully these guys know how to make a sale!
Looking at it negatively: -directors do not have any experience selling pharmaceutical products. -given enough sales do take place as a result of a general interest (ie not high to cause a company maker, not low enough to cause bankruptcy); share price does not move...like the most of this year.
I remain optimistic with my small holding in acu. Small holding, but big gain %'s if ANYTHING ever happens in this quiet neighborhood...
ACU Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held