Out with the old, In with the new, page-4

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05/12/23

12:27

Post #: 71278052
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Originally posted by kenjikool: ↑

Well, the title says it all. I'm finally excited about MEM again. We have a little discussion site elsewhere and this announcement was kinda in the winds. Alison must take a large amount of credit to where we are today. She mortgaged her house and has made some invaluable contacts with KOLS and the wider IVF community. While some of us are critical of her, she basically rescued MEM in the early days. Good luck to her, she's got plenty of shares here to make it worth her while.

Welcome to David. Acting CEO, when will it be just CEO? That in itself is a great question. He's going to have to earn it. We are going to need to see early success for people to make it a full-time on going position. I think he's the man for the job, but only time will be the judge.

Someone said earlier stale, good word, we have new fresh blood with David and Hassan in charge of moving us forward. David's big Pharma experience should see us in good stead. Farnaz and Prof Aitkin still with us so the team is building for success.

Thank the lord we finally have this CR out of the way and the monkey off our back. Just in time for the AI Port results and to see those SI and top 20 holders (me ) benefit from stupidly low prices. My thoughts for 2024 and why the SP is going to rocket post CR

AI Port a success and used in the Northern Hemisphere breeding, small to start.
Japanese Govt consider Felix as a part of the insurance cover as it is proven to benefit all involved, will be cheaper for them in the long run.
First sales in Canada and a distributor Ann.
CR done and dusted
Small SOI and free float.
People who buy under 2.5 c almost guaranteed of 100% due to all the above. The beauty of a suppressed SP and stupidly low MC. Our IP alone is worth 5c IMO

If AI port is a success, then 5c will be a given, 500% because the SOI and free float so small. (Anything under 2.5c is a money machine IMO.)

Biggest concern for 2024, is we stay in the hands of SH and not taken over due to the stupid MC currently. I see David has already changed his LinkedIn, Acting CEO man on a mission. Love it, fire i the belly

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TBH, Alison is the single reason MEM still exists.

In the face of truly horrendous corporate behavour (lets call it what it was - criminal extortion) from the former business leaders, she has all but single-handedly wrangled a working, registered medical device into market.

Undoubtedly, her energy and commitment to the cause impressed both Goodall and Peters, who (in what can only be described as madness or naivety) kept tipping $ into her tin. She has fought underhanded dirty tactics, near-fatal legal action from regulators, asuaged nervous directors with competing agendas, and built a modicum of interest in a, frankly, terribly unsexy technology. She even managed to attract one of the biggest names in ASX Corporate Healthcare to be chairman.

Undoubtedly she created value, but one thing she was unable to do was drive valuation. Unfortunately, I suspect this will be her lasting legacy for most investors.
MEM Price at posting: 1.4¢ Sentiment: None Disclosure: Not Held
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