MGZ 0.00% 2.0¢ medigard limited

Ann: Appendix 4C - quarterly, page-4

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  1. 353 Posts.
    Biggest cost looks to be loan re-payments, payments to directors or associated entities is only $2k. There are additional loan facilities available for cash flow, but its a death spiral unless we start generating some royalties from actual sales soon. I'm disappointed that the company has not seen fit to provide shareholders with an update on how (or if) things are progressing on the sales side!
 
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