MDM medical monitors limited

re: asx - monthly reports on the 19/8 in MDM's monthly report...

  1. 1,117 Posts.
    re: asx - monthly reports on the 19/8 in MDM's monthly report they stated that they would recieve $690,000 in technical support this in the Jul - Sep qtr. IT WAS WAY TOO PREDIDIBLE THAT THIS WOULD NOT OCCUR AND MADE THE FOLLOWING QUOTE



    "They now are going to recieve $690,000 in the current qtr (not likely this will occur) for technical support. The 1.3 million and the Canada money gets forgotten about though as always MDM state "in the coming months sales revenue and royalty streams" which never arrive"



    MDM now state they will recieve $750,000 in sales this qtr and still mention the money for technical support. LOL . The canada money and 1.3 million from now old announcements is no longer mentioned by the company. The same will happen next mth for the $690,000 technical support and following that the sales of $750,000 will be replaced by something else from the directors minds.

    MDM are in need for another placement and the SP has dipped to lowest point in years. Previous rampers of this stock on HC have vanished and in sabretoothed"s case a bit weak. Ramps the stock for years and then gets out with a red face.



    MDM - Mercyless Deception Masters
 
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