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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Response Biomed Corp RPBIF

Healthcare Diagnostics & Research
"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

Response Biomed Corp > WATCH? YES BUY? ARE YOU CRAZY
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Comment by SolidFuelon Jan 08, 2016 6:07pm
234 Views
Post# 24442002

RE:WATCH? YES BUY? ARE YOU CRAZY

RE:WATCH? YES BUY? ARE YOU CRAZYHurting20...

You state that RBM has received $100 million of investment capital to-date, and yet only has a $5 million market cap... but isn't that a reason to consider investing?

Yes, previous investors have done poorly.  That is their problem.  

New investors have a chance to buy into RBM at a market cap of just Cdn$4.5 million while the company has annualized revenue of $15 million.

New investors get to benefit from the pain suffered by past investors, who invested the money used to build RBM to where it stands now.

I don't mean to bait anyone here... but,  "past performance is not an indicator of future results."

 
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