Coy has been running on smell of an oily rag for a few years (a credit to the board).
Despite award winning syringes and blood collection devices have struggled to break into global market. Chinese manufacturer and distributor supportive of MGZ.
Recent announcement suggests that they are looking to some sort of restructure jv with interests prob associated with incoming director.
Despite negligible sales, intellectual property supports small mkt cap.
Wait and see.
MGZ Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held