they sold to reduce cost & not to make money.
I think this is a smart move to shut of the tap of expense.
staff down from 70 to 35 is a huge cut down on expense. while we still receive royalties.
good thing!
but no movement on SP till next 12mnths that's for sure + more dilution to follow.
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- Ann: PXS Company Restructure Sale of Mannitol Business
they sold to reduce cost & not to make money. I think this is a...
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