Room10 Lets take off those rose colored glasses! Peta and the VC...

Room10

Lets take off those rose colored glasses!

Peta and the VC part of MEB performed very well leading up to whatever happened… and it is always a concern when the captain jumps ship or in Jack’s case are thrown from the ship at such a critical time.

Perhaps to put some balance on your overly optimistic post – I don’t know Jennifer directly – but I do know HBF, the corporate and the corporate health sector and psychology very well – especially in WA / Victoria.

Yes – Jennifer is a business woman but stepping in to sell a product that someone else has developed, marketed, and integrated after years in the mental health sector is not as easy as you make out. Jennifer has to rebuild the team and coming from the outside that isn’t always easy, especially when “something” has happened.

Anyone with any business experience will know the challenges that she faces, and they are significant. This is a different horse that she is riding now…and just because she delivered in a previous role she (and Brian) need to get a lot happening in synchrony and it isn’t going to be all smooth sailing. Peta had a couple of years of experience with the Mental Health Check in Product of wearables and the VC assessment and a lot of corporate recognition for that. Lets hope that Jennifer can carry that forward.

Give it time – we both know the background of what has happened over the last couple of years to get to this point, and we don’t want this thread to be where everyone sits around drinking Kool aid from the same bottle !

I think the lack of recovery in the share price shows that a lot of people are waiting to see what happens... Time lines have changed for Medibio and that will smash cash flow and lead to the CR you mentioned previously.

How do you see the CR happening ? It needs to be soon as these big companies look to the companies that they sign up with to have financial stability - and Medibio doesnt have that at present.