Michael, I bought into this company long before they announced the Alcidion deal. It was a one of the better shell companies that I had come across in quite some time and I thought it was a no brainer.
I made some enquiries and found out who were the people involved and didn't take me long to work out these guys would be putting in something that would be worthwhile for the future benefit of shareholders.
They took their time to find the right vehicle. Then, they finally decided on Alcidion.
The management team of Alcidion is first class. Their product is proven and it is currently operating in a number of hospitals in Australia . Obviously the big dollars can be earnt if we can crack into the U.S market where there are currently 8000 hospitals.
Google Nathan Buzza. He is highly respected and has great credentials to take this company forward.
You know I am a firm believer in having the right people driving the bus to get to your destination.
Well Nathan is that man, and has good support around him by those who know the industry, and more importantly the health industry recognise them and what they have achieved in the past.
Credibility is paramount in this industry, particulary if you wish to take your business model overseas.
It has taken a little bit longer then I would have hoped for, but that's life.
I believe patience will be rewarded, as it was with LNG.
Cheers mate.
NRR Price at posting:
5.5¢ Sentiment: Hold Disclosure: Held
