Dr. Lindley Edwards joined as Non-Executive Chairperson, bringing decades of experience in strategic partnerships and financial leadership
There is a reason Lindley was brought in IMO. They've been tapping the SH and SI/funds too long, that is why our SP is where it is. Having to discount heavily to bring in the bucks. The worst raise I've ever seen would have to be the last one Alison did that killed the company 2c Cr when our SP was sitting at 4.5c Did she just want to buy a crap load cheap? Because she got her full entitlement before running.
Anyway, over the coming months i would be expecting that Lindley will be dealing with both Heranova and Panacea Medizintech LLC for the partnership deals. She was brought in for this reason, we'll lose large amounts by bringing in a partner, but with the markets being so big, we only need licence deals and royalty payements to still make good coin. Also we have a small staff, we won't have crazy staffing costs as our partner do all the heavy lifting from here.
Next we have a good chance of doing the same with RoxSta. Partnership in the fertility field on OS in the coming months if they all do their jobs well. So before the FY end we could have 1,2 or 3 deals to see us out till the CE mark is achieved.
MEM Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)