OIL 3.03% 16.0¢ optiscan imaging limited

These are the comments in the Annual report re the research...

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    These are the comments in the Annual report re the research instrument and come after the a review of the company by the current management after it took over from May this year. The pre-clinical business has been revamped as part of that process so maybe it would be a good idea to wait and see what the outcome is, you won`t have long to wait as the launch or maybe re-launch will happen in 2016, probably this month at or before the AGM (my guess). Stay calm everyone.


    Near Term Strategy – 2016/17

    The Company has identified three key pillars to its current business model:


    Sales of the second-generation pre-clinical research product This will include:

    Securing sales from the existing customer base of the predecessor model;


    Pursuing established distribution channels; and

    Developing new distribution channels including direct sales and the appointment of new distributors.

    To ensure results will be achieved, the Company announced the appointment of a General Manager - Pre-clinical Research Products to provide dedicated focus in this area.

    The second generation pre-clinical research product has been improved and is planned to be launched in 2016.

    This product will deliver a significant improvement to the existing technology offering in the research market. It is expected that the new product range will secure a significant share of the global market after launch.
 
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