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Nuvo Pharmaceuticals Inc NRIFF


Primary Symbol: MRVFF

Nuvo Pharmaceuticals Inc is a Canadian focused healthcare company doing business as Miravo Healthcare with global reach and a diversified portfolio of commercial products. Its product targets several therapeutic areas, including pain, allergy, and dermatology. The company's strategy is to in-license and acquire growth-oriented, complementary products for Canadian and international markets.


OTCQX:MRVFF - Post by User

Bullboard Posts
Comment by daydream1on Feb 12, 2010 1:17pm
376 Views
Post# 16780935

RE: RE: RE: RE: Why such a focus

RE: RE: RE: RE: Why such a focus

If you read what I wrote and not what you want to read you might see that it is not rocket science by no means. The quarterly coming out soon will be reporting financial until Dec 31, 2009. I think Landro gave a good explanation of how Covidien payments are to be factor in, what is left to lift NRI share price are sales in Greece and in Canada. Considering that the economy is not doing great even less in Greece where NRI has revenues coming from, it is very easy to realize that revenues will be down. The money is not coming in... yet. So I see the share price going down.


Forget about possible future pennsaid sales in the US for now,  there is still about half a year before those numbers trickle down on NRI balance sheet.  As for possible use as sun-screen or I don’t know what else you might dream of, it is only that... dreams, not reality.


Ok, you are right your feet are on EARTH but your head is definitely in the cloud.

Goodluck

D.

Bullboard Posts