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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 StoxRokon Aug 05, 2008 10:58pm
277 Views
Post# 15360449

RE: MIR continues to be just a PnD!

RE: MIR continues to be just a PnD!
 MIR is running into the same short-term problem now as the long-term problem.

 The recent rally saw about 21 million shares trade hands, most of which sold for well over $0.25.

 So guess what? People are stuck (jeez that's a surprise, stuck on MIR? No!) yet again with high priced shares and are looking for a place to dump.

 Long-term, take a look at a weekly chart, and it will show you clearly why $0.40 is going to be such a difficult share price to attain. Too many people are stuck with shares they paid far more than $0.40 for.

 At any rate, you've got 21 million recently traded shares that now need to get filtered out before $0.40 becomes a possibility, and at this time .... it's looking pretty remote.

 Sure, something amazing could come along in a news release and change the fundamentals of MIR (ie make money and a lot of it to pay off all the debt they've accumulated) ......

 But until then, MIR is still the textbook version of a pump and dump ...

 Nothing more, nothing less.

 SR
Bullboard Posts

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