MEB 12.5% 0.9¢ medibio limited

Well said @skorpian. The confusion for me is that a CR can only...

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  1. 62 Posts.
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    Well said @skorpian.


    The confusion for me is that a CR can only cover ~ 3months burn. FDA is still another 6 months away and that isn’t revenue it’s a possible approval with no device and only a diagnostic aid.

    5-10k won’t generate revenue. There are a ton on the market. My guess between the lines is that the Corporate office will close. There are only two people left there. 

    It’ll  need a second raise before revenue IF there are no legal actions. 


    And before I’m taken down for being “negative” people who invest should consider if it’s going to be viable. 



 
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