GREY:MDCGF - Post by User
Post by
stoic2on Aug 31, 2009 3:50pm
301 Views
Post# 16265092
This jump today has to be a crazy
This jump today has to be a crazyknee - jerk reaction to exactly what I am not entirely sure ?. If I read the bottom of that interview piece
correctly, it sounds like they don't expect to be profitable for at least 3 years ??? Again, I really don't get it.
----
''The company, which reported a quarterly loss of 3 Canadian cents last week, does not expect to be profitable until the end of 2012 or the start of 2013, when it expects to see the commercial launch of its vaccine.
"We will be in a loss position until we start to actually sell a product commercially," Sheldon said. "We will be in a loss position as long as we are in development...that is clear."
----
I have looked on and off at this for a while, and I guess I need to do some more DD to gauge the real potential
and in what kind of realistic time frame.