Originally posted by RennyKogers
to clear up a point that some in this forum keep worrying about. They’ve joined with PCI to sell the first hardshell. They are tga approved. That wipes out the need to wait and go through their whole process. If ac8 go down the path later, good, but partnering with tga approved company reduces the need to waste energy on it. Should start seeing income from that this year.
The dayacann adventure should also see the first stages of income very shortly. What ac8 either gets or does with their part is anyone’s guess. I’m pretty sure they’re the only ones in some South American countries that can supply mc. Massive leg up there.
Once the new CEO is announced, the price will rebound. I’m willing to bet they are announced in the next month.
they have also parterned up with a lot of doctors. A lot of doctors don’t like going through the process to be able to prescribe mc at the moment because it’s a real pain in the ass. We’ve got them on our side, choosing ac8 over others, but government red tape greatly reduces our ability to move product here.
A snowball of panic selling has happened, some are crying, others are patiently picking up the pieces, and will come out on top in the end.
I thought that individual products are either TGA-approved or not. Any product manufactured by any company like PCI is not approved until TGA approves it. So, if AusCann get the "promised" capsules manufactured by PCI, this product will be not approved automatically by TGA. I see many saying that AusCann has this and that but there is no evidence at all. The truth remains that AusCann has no "evidence" of having products, patients, network of doctors, trials, published papers ... AGH has products, patients and doctors and the number of patients and doctors are growing quickly. And this looks like the difference that causes the different directions for share prices. Let's wait to see the news about appointment of CEO will create any change in sentiment for investors towards AusCann. It might become just another small pop today and a chance for the big boys to unload more.
