Hard to believeThat such a potential money maker company can just file for bankruptcy and screew all us over and just restart again with lower amount of shares and a higher price. I have many emails saved of talks with Mr. Bertrund and hope he will answer my latest email of dissapointment and questions. Maybe they shouldnt have moved to the new building and tried to grow too fast. Do you remember this news release.
Montreal, Quebec ·November 1st, 2007 - Mistral Pharma Inc. (TSX Venture Exchange: MIP) ("Mistral") today announced that it is launching INSTILLAGEL® on the Canadian market. INSTILLAGEL® is now available to all urology clinics, hospitals and pharmacies across Canada. INSTILLAGEL® is a sterile gel containing lidocaine 2% and chlorhexidine 0,05% and is indicated for surface anaesthesia, lubrication and antisepsis for the male and female urethra during cytoscopy, catheterization, exploration by sound and other endourethral operations.
"We are very proud to launch our first product in Canada" commented Bertrand Bolduc, Mistral? President & CEO. "Mistral now has its own sales force, which will offer INSTILLAGEL® to the medical community. We know that many urologists are looking forward to trying the product in order to make urology procedures go more smoothly for patients" he added.
"It is with great pleasure that we are bringing INSTILLAGEL® to Canadian urologists" said Dalal Manoli, Mistral? Vice President, Sales and Marketing. INSTILLAGEL® is already available in 34 countries and has been used more than 350 million times in over 30 years. We are convinced that Canadian urologists will really like this product, which makes urology procedures very smooth for both doctors and patients.
What Happened to the profits from this. Isn't this almost a year on the market? Are they not bringing in some income?
Hard to believe that we have supported them in the time of going from nowhere to a new and bigger building, more staff and now products that are bringing in income and we get the shaft.
I am waiting patiently for an email and just hope we can get something out of the deal, even if its a few free bottles of that nice instillagel.
GLTA
CS