PainChek General Discussion, page-15760

Your takeover questions, are you implying that all company with great unique product must be taken over? If so, companies like Microsoft, Intel, Cochlear, etc won't exist today for they would have been taken over ages ago, right? But here they are today and still growing. So really, takeover is not the only outcome for a successful company. In PCK's case, I see PD growing it into another Cochlear. It won't happen overnight. But with a competent management and the right team, it will happen. Like Cochlear, it started in 1967 and it was not until 1978 did the first Cochlear implant went into action. By 1994, it has 10,000 recipients of its implants. Then in 1995, it listed on the ASX at $2.90/share. Cheap, cheap as it already has a proven product and being used by 10,000 clients. Sort of like where PCK is at now. Cochlear could have been taken over anytime since it listed but nobody wants it. Does it make Cochlear a failure??? PCK is not being taken over, would it make PCK a failure?

At the end of the day, PCK can still be taken over or it might never be taken over. I don't know. All I know is PD is a very competent CEO. His team is a bunch of highly motivated people. Especially the likes of JH and MA for if not for their motivation, PainChek won't exist.

Have a good weekend all