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MedMira Inc V.MIR

Alternate Symbol(s):  MMIRF

MedMira Inc. is a Canada-based developer and manufacturer of Rapid Vertical Flow (RVF) diagnostics. The Company's tests provide hospitals, labs, clinics and individuals with instant disease diagnosis, such as human immunodeficiency virus (HIV), syphilis, hepatitis, and SARS-CoV-2, in three steps. The Company is engaged in the business of research, development and manufacturing of rapid diagnostics and technologies. Its research is focused on specific areas of the broader diagnostics market, namely the rapid, point-of-care, and in vitro sectors. Its tests are sold globally under the REVEAL, REVEALCOVID-19, Multiplo and Miriad brands. Based on its patented Rapid Vertical Flow Technology, the Company's rapid HIV test has regulatory approvals in Canada, the United States, China and the European Union. Its manufacturing facilities are located in Halifax, Nova Scotia, Canada. It provides access to its RVF Technology for researchers, developers, and biotech companies on a license basis.


TSXV:MIR - Post by User

Bullboard Posts
Comment by montgomery22on Jul 05, 2012 1:20am
179 Views
Post# 20083362

RE: ok guys one thing

RE: ok guys one thing

PSR

I think most people here know why its been under 10 cents: large debt and lack of sales and uncertain future outlook

We arent out of the woods yet but in the last few weeks we have a huge invester that believes in the company, a massive reduction of debt, another large contract from US army, possible good news from who and hopes for some new sales. MIR should survive a few years now at the very worst.

I dont think we'll see a dollar sp any time soon and those that bought that made a bad decision as it turns out. That being said.... should you dump a stock thats got new life and some potential with a rising chart or should you think about buying one that has at least a hope at a double or triple from here if things continue to go well in this type of market?

cheers

Bullboard Posts