Their latest presentation seen good.
so I spent more time to look back, and here is what I found:
- 2011 presentation is same as 2012... product is ready to sell, can make $$billion if success
- 2010 presentation is almost same... product is ready to sell, can make $$billion if success
- 2009 presentation is almost same... product is ready to sell, can make $$billion if success
- 2008 presentation is almost same... product is ready to sell, can make $$billion if success
Now look at their 2012 report, and check out their revenue.
- they have same revenue since 2006
- they have raise over 70mil fund in total (how much cash they have now? )
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look at other medical company, they usually have lots of smaller sale contract announcement for local/region/national etc.
if they can't even sale in Australia's local/regional/national market, then how can we expect them to take up huge share on USA market ?
I am sorry, this share sound so risky. but reward may be high if they success.
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