They stay the same. :) It is the company's 10th anniversary this...

They stay the same.
It is the company's 10th anniversary this month and for that 10 years Anteo Diagnostics have been flogging a product known as Mix&Go.
They have been heralding it for that long and have been trying to convince their shareholders, that they are working with the biggest Pharm companies in the world, in billion dollar markets and that their revolutionary product will disrupt the diagnostic market.
After 9 years, with all their many price sensitive agreements, the result is they made  $479,000 aud in revenue for y/e 2015.
I don't have to tell you, that that won't even pay the CEO's salary of $500,000
Now adorites ( a term I first coined), have been praying and hoping and wishing that big deals are just around the corner.And that was 6 years ago.
They are still praying and hoping and wishing.


Have a look at all the announcements from the start of the company's formation with Mix&Go, it's lead candidate for glory.
Go through all the announcements of collaborations, of partnerships, of agreements, of joint ventures, of distributorships and you will see the common thread and language used.
'Billion dollar' companies "potential market of...billions" "validation", etc, etc.

They started off with a initial cap raising of 28 cents. 10 years later, it is now 10 cents.

Immunoassay Partnership with BioSource Int 29th Sept 2005


BioLayer successfully completes first milestone of agreement 29th May 2006


Enters into agreement with US company Multiplex Biosciences 19th Aug 2006


Gains traction in IVD market 15th jan 2007


Starts research project with Beckman Coulter 29th jan 2007


Collaboration with Cleveland Biosensors March 2007


Working with Cardinal Bioresearch 4th April 2007


Projects Completed & New Agreements Signed 17th may 2007


Agreement with The University of Queensland signed 3rd July 2007


Valuable additions to IP Estate 9th jul 2007


BioLayer and Alzyhme Develop Alzheimer`s Test 29th Oct 2007

Announce collaboration to develop Parkinsons Disease Assay 30th june 2008


BioLayer signs commercial agreement with POWMRI and Bio-Link 10th Sept 2008


Revenue and Royalty Agreement - NZDX 7th jan 2009


Anteo enters commercial discussions 29th July 2009


Anteo signs Co-Operation and License Agreement 20th august 2009


ADO Signs Licensing Agreement 13th jan 2010


Bangs Laborlatories Inc move into production with MixGoTM 4th March 2010


Announces agreed terms with Merck 14th July 2010


Bangs launches second product using Mix and Go 25th Feb 2011


Anteo Signs Licensing Agreement 13th March 2012


ADO Signs Sales Partnership Agreement 19th feb 2013


Anteo Partners with Gennova 22nd May 2013


Anteo Enters into Feasibility Agreement 19th June 2013


Anteo and BBI Solutions Sign Heads of Terms 8th Nov 2013


And Yada yada yada, so on and so forth.

Has anything really changed!?

The company has failed on many levels imo, I wonder if it believes it's own spin, now.
It seems to have been forced to buy a privately held company to prolong it's very existence, just as SSH Medical did 10 years ago when it took over Joe Maeji's company BioLayer.
Mix&Go is a old product, been around for yonks and been tested by hundreds of companies and what is the result today after more than 10 years?
Not enough revenue to cover 1 man's salary.
I wonder if the Mix&Go technology will be tacitly sidelined in 2016 and the company will concentrate on it's new company Diasource.