Response Biomed Corp RPBIF

RE: RE: Gross Margin

[dimar66]

The removal of Kay would save us, if it is not too late, Orbimed has shown good initiative in cutting costs which should have been done long ago.  Holler and Co have been asleep at the wheel.  Another point about margins we must not forget is that the Ramp reader only makes a small profit or may be sold at a discount; while the test cartridges are much more profitable, so as the demand for test cartridges increases so will margins