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Re: anthazar post# 48496

Tuesday, 10/20/2020 4:57:06 PM

Tuesday, October 20, 2020 4:57:06 PM

Post# of 54913
quick takeaway..read very fast thru.
1) There is a Saliva test using TMO ..I could not tell or see if any revenues were generated in the period from this test which has a EUA.
2_ Deloitte is still auditor
3) Cash on hand was about 350000 in cash which does not reflect the remainder of the 3 mill loan.
4) Looks like they passed on the 5 million to the Chinese from Wellgistics.Wellgitics wants money back but Pred says that it was non refundable and that Well didnt pay for the rest of the order thus loosing Wellgistics exclusivity for a test which still has a "pending " Eua .
5) Yr end sales were 24 million . Will check later what that meant in terms of 4th Q

So obviously the Saliva test is real and a real hope that will result in revs asap. Also it does have an EUA already too.This are huge positives..Anthazar what am i missing ?