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MedMira Inc V.MIR

Alternate Symbol(s):  MMIRF

MedMira Inc. is a Canada-based developer and manufacturer of Rapid Vertical Flow (RVF) diagnostics. The Company's tests provide hospitals, labs, clinics and individuals with instant disease diagnosis, such as human immunodeficiency virus (HIV), syphilis, hepatitis, and SARS-CoV-2, in three steps. The Company is engaged in the business of research, development and manufacturing of rapid diagnostics and technologies. Its research is focused on specific areas of the broader diagnostics market, namely the rapid, point-of-care, and in vitro sectors. Its tests are sold globally under the REVEAL, REVEALCOVID-19, Multiplo and Miriad brands. Based on its patented Rapid Vertical Flow Technology, the Company's rapid HIV test has regulatory approvals in Canada, the United States, China and the European Union. Its manufacturing facilities are located in Halifax, Nova Scotia, Canada. It provides access to its RVF Technology for researchers, developers, and biotech companies on a license basis.


TSXV:MIR - Post by User

Bullboard Posts
Comment by lalala1on Feb 27, 2008 2:06pm
158 Views
Post# 14555677

RE: halt today for the q2?

RE: halt today for the q2?As many of us have stated before the it is foolish to try and predict the SP. As for the Q2 results I think they will be released on the 28th or 29th as they have in the past. I also think (based on conservative assumptions) MIR will post a loss this quarter of $400,000, $800,000 if the inventory in the US was still high, thus reducing the number they ordered. This is based on the assumption that when they NRed an increase in the Europe and Russian markets it was an increase of 10%, the focus on the North Americia yielded a 10% increase in sales (-$400,000 for a 10% increase of past sales to NA, OR -$800,000 for a 10% increase from last quarter sales), and assuming that the reduction in debt had no effect on their interest payments. Again these are conservative assumptions, and my guess only.
Bullboard Posts