MediPharm Labs Corp (MEDIF)

[GE_Jim]

Well, a couple of things. First there certainly is a demand, and the more conservative Est were very close. In regards to overcapacity, everybody jumped into the pool at the same time with the hope they would be the chosen ones. Some will be correct, but many more will not make it. At least to where they thought they would. Read a report short time ago, if the ramp up to the projected sale totals by 2025 are correct, they are already producing that volume rate now {going on last years out put}. If so then all that needs to happen is a reduction of the current players by hopefully 2/3rds.
We’ll see what happens, but if everybody tries to stay in, nobody will get any traction, or at least not enough. Story is still being written and will be for a while. IMO