InvestorsHub Logo

old biohf guy

02/05/16 10:20 AM

#4514 RE: Jayyy #4513

First things first. After the 12 week trials is passed and Indian government approves, then sales can commence in India. This is the $85 million news release. After there is some money in the bank, then audited financials I expect will follow. This is my understanding.

Now, back to my post #4493 which references a few other posts concerning your original Consumer Reports post. We all are interested in an explaination. Anxiously awaiting.

sweetlou

02/05/16 10:37 AM

#4516 RE: Jayyy #4513

Regarding money for the India trials vs available for audit:
I would suggest talking with the company for clarification. My understanding is that money is directed to the highest priority, which would be the India study to get sales started in that market in addition to focus on growing in Mexico and the recent Canada approval. If sales are not adequate to sustain and grow, an audit would not have much value. Again the company has the details, the above is my opinion only.