OSL 9.09% 0.5¢ oncosil medical ltd

News: OSL Oncosil Medical Seeks Trading Halt, page-25

  1. 200 Posts.
    lightbulb Created with Sketch. 33
    Last 6 months revenue from sales fell 59% to just $87,000.
    Pretty sure they've been falling every quarter for
    awhile. There's been no approval by regulators in the USA.
    The only jurisdiction with actual insurance reimbursement for the device is the UK and that hasn't increased usage in the UK.
    The last cr we had resulted in a 100% dilution and a 50% reduction in the market cap.
    There is definitely still positive signs with new trials and possibly Germany approving payment .
    But they just don't seem to be able to sell the device to more than a handful of people each year.

 
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