Is there significant upside potential? yes.
Is there significant downside potential? yes.
How US trials are being funded is an unknown. Manufacturing costs appear to be incurred up to 9-12 months prior to sales, which may mean over the next couple of quarters cash burn will increase prior to cash receipts as increased quantities of VitroGrow for 2013-14 is manufactured. Capital adequacy is a concern.
I am on the sidelines to preserve capital until some answers become clearer.
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