Nemaura Medical Inc (NMRD): The Big Lie: Remember this press release...

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BigBill1

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Sunday, 11/10/2019 11:18:50 AM

Sunday, November 10, 2019 11:18:50 AM

The Big Lie: Remember this press release?

"Nemaura Medical Announces First Shipments of SugarBEAT® Devices to Diabetic and Pre-Diabetic Patients as Part of its First..."
Dr. Faz Chowdhury, CEO of Nemaura Medical, stated, “We are very pleased to have commenced the first phase of our commercial launch. This represents a major achievement for the Company as we transition from product development to a full-fledged commercial organization.”

Everybody on the boards were excited as was the intention of the headline. Yet there were no details of the mysterious shipments.

That was on August 7th. For the 10Q ending September 30, 2019 Nemaura reported 0 revenue. The 10Q makes no mention of any pending accounts receivable, which would be a big deal, right? Their first receivables?

https://ih.advfn.com/stock-market/NASDAQ/nemaura-medical-NMRD/stock-news/80491243/nemaura-medical-announces-first-shipments-of-sugar

Something just doesn't add up. Is there a reasonable explanation for this other than an attempt to manipulate the SP with flagrant false information?