I don't believe it's a lifestyle company as you say. Previous to this maybe, but not even then. They have reduced spending quite well and have moved the company forward at a good pace compared to the previous BOD. However I do agree with the cap raise, but I think you'll find it will be done differently next time around. i don't think they'll be able to put the hat out, because the investor base that is here has no interest in putting their hands back in their pockets.
Watch the Heranova space, i think they are our most likely partnership case, their parent company has deep pockets. There was an article recently highlighting just this recently. I did a thread about Roxsta being the new rockstar and I still believe this. Felix is ready to go and will sell when CE MArk arrives. It has to go through the process now like all medical devices.
Roxsta a little different, maybe some funding/partnership here I don't think a CR will happen though. But we will see. Also the UAE Partnership may come around once the data is out. You gotta have patience in this small caps, but this one you have to be Budda like meditation!!!!
MEM Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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