ALT MO for the burette and pericoach seems to have been
Bring in investors with line ‘if we get 0.01% of the market for this new product well…’
Capital raise to develop product and pay various board and management fees.
Capital raise to market the product and continue to pay various board and management fees.
Near $0 sales, near 0% of target market.
Look for a deal (worth squillions) with a global company that can market the product.
No deal, no sales. Can’t flog the dead horse any further.
Goto step 1 - sphincticoach is next?
I hope someone on HC attends and reports on the mood of the meeting and what the spin is this year. Meanwhile sp is going through the classic cr cycle . Wonder if the AGM bounce will come. If so maybe it is better to cut losses. Alternatively considering .2 .1 game over, maybe a squillion to one consolidation will be announced.
ALT Price at posting:
0.5¢ Sentiment: None Disclosure: Held
