Extremely miserable result.
What ever happened to the $1 million order towards the end of 2017? Looks like less than 20% of it actually converted nearly 12 months later! Apply that conversion rate to our new orders and we are going no where fast.
And how about the margins, utterly non-existent!
At lot of hot air and no results from Andrew who took home $425,000 in the last financial year!
Andrew did well to raise cash at ~6 cents, but 12 months on from the Labcon deal and zero results operationally.
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ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
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