Originally Posted by
snapiti
There is no doubt in my mind that cx bladder is best in breed but I don't think PEB is the right vehicle to successfully(successfully means create enough revenue to make a fair business profit) commercialise it.
Balance is right when he says...... Delays mean lost opportunities and loss of competitive positioning.
Another large capital raising, after they had already said the last one would carry the company through to profitability,(they are not anywhere near it), clearly indicates that PEB is out of it's depth with the commercialisation of it's products.
Yet the company line is it still believe's sales are tracking to expectations. WTF
Can someone please tell DD that the companies own stated expectations were that the last round of capital raising was going to carry the company through to profitability so how the hell can the company be tracking to expectation.