CDY 1.43% 7.1¢ cellmid limited

News: CDY Cellmid Says Sales For 2Q 2019 Expected To Reach $2.2 Million, page-50

  1. 957 Posts.
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    If we look at 1.6 mill, that would not even cover the settlement along with legals.

    Some will argue that that cost was built in to the last quarterly, prior to a decision, but i'm not sure just how black and white things have been presented.

    Expanded staffing, new offices, world travel, ........    they were never going to afford to hang on until cash positive comes along.

    This year, they have supposedly cut expenses and are talking up the increased sales figures, ... I guess time will tell, but I really cannot ever expect such dreams as a dividend to eventuate as long as the "performance payments" are payable with such poor results. On a pro-rata basis, they will need Midkine treatment to take off globally.


    Watch and wait.... AGAIN!

 
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