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Bullboard - Stock Discussion Forum MedMira Inc MMIRF


Primary Symbol: V.MIR

MedMira Inc. is a Canada-based biotechnology company. The Company, through its subsidiaries, is engaged in the business of research, development and manufacturing of rapid diagnostics and technologies. The Company invests in research in order to maintain and expand its position in the global diagnostics market. Its research is focused on specific areas of the broader diagnostics market, namely... see more

TSXV:MIR - Post Discussion

MedMira Inc > 2 + 1 UNKNOWN Factors COULD HAVE MATERIAL IMPACT
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Post by august202013 on Apr 25, 2023 9:58am

2 + 1 UNKNOWN Factors COULD HAVE MATERIAL IMPACT

Another pandemic similar to SARS AND COVID19 and Second factor is Big Brother issuing THAT long AWAITED EUA we all know the most likely OUTCOME.

The + 1

Is the next QUARTERLY financial RESULT which ultimately carries SOME impact on COMPANY'S CASH FLOW will impact the market price. A small SALES/TURNOVER insufficient to cover COST of Goods ie including SALARY & WAGES including PETEY78 friend will dragged the share price lower BUT any positive CASH flow ie SALES/TURNOVER higher that TOTAL COST OF GOODS will have a welcomed impact.

Quite certain company has some sales across EUROPE but not sure HOW MUCH. That is why like to see more aggressive marketing to rest of world.
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