AVE 20.0% 0.3¢ avecho biotechnology limited

Been following POH for a few years and managed to get out in...

  1. 746 Posts.
    Been following POH for a few years and managed to get out in front (just) almost 3 years ago.

    Back reading the threads I find the same old (disguised as new) company announcements, talking about new products and trials here and there and everywhere, new JVs with everyone who is crazy enough to try any of POHs products.

    I was a shareholder when the DIABETES PATCH was the main thing (cancelled without much ado). Now it appears they only have some yellow powder and are trying to mix it with anything they can think of.

    The common indicator of all the announcements is the ongoing nature of any development. Nothing has a definite "go to market" date. Nothing ever progresses into a proper marketable product. Money is always of the essence and soon POH will naturally need some more money and will further dillute the shares in the books to fund more testing, fulfill obligations with JV partners, etc.. etc...

    In the mean time, new investors read these new anns and get all excited thinking this will be a money making company.

    POH is probably a good company on its own, but should never have been listed.

    It will be, and has been a money making venture ... but not for the common shareholder ....

    Keep your eyes open people ...
 
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