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Response Biomed Corp RPBIF

"Response Biomedical Corp is engaged in the research, development, commercialization and distribution of diagnostic technologies for the medical central-lab testing, point of care (POC) testing and on-site environmental testing markets."


GREY:RPBIF - Post by User

Bullboard Posts
Comment by dimar66on Apr 28, 2012 10:13pm
165 Views
Post# 19848823

RE: NEW CEO

RE: NEW CEO

I think this company has a clearer mission than it ever has before, now with an experienced CEO we will see some traction in moving forward.  Milestones that were announced in the Nov 28 prosepectus.

 

Response has established the following key business objectives and milestones in connection with the use of 
proceeds described above: 
(a) in the area of product and market development, the Corporation intends to release at least one 
new assay onto its reader system and introduce its products into at least one new geographic 
market; and  
(b) in the area of net margin improvements, the Corporation intends to improve its gross margin 
by 10% year-over-year.  The Corporation expects to achieve that goal, in part, through the 
product and market expansions described in point (a) above. 
 
There is the vision.  Now comes the implimentation.
Bullboard Posts