Post by
binscamdb4 on Nov 27, 2010 12:09pm
Future Of this company?
I was a shareholder of this company (when named MDS labs) but have sold, over concerns about the future.The financials look bad as the company has had inconsistant production at the direlect Chalk river nuclear facility (almost 60 years old and deteriorating fast)
They have had to sell off other profitable divisions to service their large Finance burn rate, and have been looking for partners around the world that have a usable reactor they can share.(there are not that many prospects)
Not sure why they did the name change, but now I believe the nuclear division is the only division left of the company.
Since there is very little info on the new company name, could someone fill me in on recent developments?
T.I.A.