Staff and Admin costs over $6m for the Qtr.
Sales (excl R&D money received) $3.2m
No customers that have signed for the new approved FDA entoeriic testing kits. "Hopeful that customers will sign up"
The new CEO needs to really show some leadership here-
- restructure of staff and admin costs going forward. This isn't sustainable running wages and admin @200% of sales.
- get these Hospitals to sign and and use these as test cases moving forward (even it means supplying product at cost for 6-12 months)
- create a pipeline of future roll outs....
Not sure about this company - give them 6 months to start showing results!
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-5
Add to My Watchlist
What is My Watchlist?
