MEM 0.00% 0.5¢ memphasys limited.

why PrIME's cGMP approval not inform shareholders, page-23

  1. 839 Posts.
    Yep . I guess I can see your point from one angle Michilin . For the record I don't hold here but have been watching it from the sideline for a few months . The problem I see with stocks like this that are tightly held is that key office holders that have large stakes are in it to line their own pockets before the shareholders . Not via remuneration but instead stacking the cards in their own favour via other modes . Smaller cap listers tend to get away with it easier than the larger ones . I've posted previously that I don't believe holders are being fully informed of what is going on behind the scenes . I still think this will all come out whatever that may be . There is something not right with the way this is all unfolding .

    Whilst the product they are peddling in this case has good merit and is a good eye catcher for sophisticated investors it resides in an industry segment that will need more than the current management team to "market it " into a going concern .

    I watch with great interest .
 
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