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Wednesday, August 29, 2018 9:15:29 AM
Additionally, I read the announcement from GE as that we may have another potential buyer/suitor for our product - it is that simple. GE is downsizing/letting go of all other aspects/divisions of their company except Healthcare - where I believe, we LLBO/Cyrcadia, fit in nicely. For a company the size of GE Healthcare, the best way to show growth is through acquisitions and/or partnerships. Additionally, we have Board member(s) who are ex GE, but working for IFlyTech = competition (?). So, IMHO, while some are 'Doom and Gloom' - this is great news for LLBO/Cyrcadia.
LLBO - Long and Strong.
"The Healthcare division, which made products in areas such as medical imaging and cell therapy, had sales of about $19 billion in 2017 and about 54,000 employees worldwide. GE said it would announce the "structure, sequence and timing" of the health care spinoff in the future but said it would be complete within 12 to 18 months. "
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