ADO 0.00% 2.1¢ anteotech ltd

Thanks Guys for your feedback.Ds - Yes you were pretty silly...

  1. 505 Posts.
    Thanks Guys for your feedback.
    Ds - Yes you were pretty silly wanting to make that bet.Looks like you would've lost it!
    Can't see them making 1 mill revenue by July 2013.
    As usual, playing the man and not the ball making disparaging personal remarks about me.
    Shows more about you than me. Cheers

    Twi not sure why you are so excited about Panomics. according to Affy, it's only about 5% of their business.

    Anyway gentleman, time will soon tell who is correct about revenue.


    Btw did you read this in the AFFX report?

    "Risks Related to Our Operations
    We may not achieve sustained profitability.
    Prior to 2002, we incurred losses each year since our inception, and we reported losses in 2006 and from 2008 through 2011. As a result, we had an accumulated deficit of approximately $477.1 million as of September 30, 2012. Our ability to achieve sustained profitability will depend, in part, on the rate of growth, if any, of our revenue and on the level of our expenses. In 2011 and through the nine months ended September 30, 2012, our business was affected by a drop in the volume of sales and consumables to our academic and pharmaceutical customers, particularly in North America, which led to a decrease in revenue as compared to the same prior-year period. There can be no assurance that our revenue will not continue to decrease in future periods. We expect to continue incurring significant expenses related to research and development, sales and marketing efforts to commercialize our products, litigation and non-cash stock based compensation, and we expect to continue to experience fluctuations in our operating results. If our revenue grows more slowly than we anticipate, or if our operating expenses are above what we expect or cannot be reduced in the event of lower revenue, we may not become profitable on a sustained basis, or at all."
 
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