"so are you trying to tell me that AMS is now only worth $23million after reduicng debt by $4 million and now having its $1mill to carry out 8k sensor commercialisation and deals."
Yes. Because I have no faith in AMS management whatsoever after what has occurred over the last 12 months. Does it really seem plausible that all their problems could be attributed to hiring a "bad" CEO who ran the company from overseas for 6 months ? I don't think so. And this CEO changed the marketing strategy, and that alone cause the product sales to collapse, and wiped out the annual profits ? Utter rubbish and nothing but excuses from AMS management.
All IMHO, DYOR
Ann: Strategic Investment and Capital Raise Investor Presentation, page-48
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