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Many Bright Ideas Technologies Inc V.MBI.H

Alternate Symbol(s):  MBGNF

Many Bright Ideas Technologies Inc. is a Canada-based company. The Company is focused on commercializing alternative non-medical technologies. It has not generated any revenue.


TSXV:MBI.H - Post by User

Comment by readytogo1on Jul 09, 2013 6:45pm
71 Views
Post# 21597593

RE:any news

RE:any news I'm more interested in the progress they are making on the commercialization front then on the dissidents lawsuit. As far as the timeline for commercialization, when I reread the NR dated Jun 3/13 it suggests partial commercialization will begin after the 12 to 14 week testing period is complete and full commercialization will be 3 to 6 months after that.

So we are really looking at perhaps another 8 or so months before we see this product go to market and that is only if everything goes to plan. That will be more than 3 years from when the deal was signed in 2011.

Little wonder that there is downward pressure on the stock!
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