Response Biomed Corp RPBIF

missing the point terribly

[Hurting20]

I think some are missing the point on this board.  In my opinion Management has nothing to say.  They liked the technology took over the company invested a little bit of money (to them) and gave it a whirl.  They have shown their hand.  They will not put further capital into this.  They dont think it is a good enough investment for them.  They tried and it is most likely going to fail, or at least it is too long a shot for multi multi millionaires to invest more into.  Perhaps it is all a big white elephant.  Seems good on paper, but really not going to be a commercial success.

Not everything works out.  The reality is the success rates are very very low.  Just because you invested in it doesnt mean that this isnt going to disappear.

I felt that this should have been sold.  As time goes on it will be worth less and less as dilution and managemetn fees eat away at your investmetn