RE:RE:Financials out on SEDARThat caught me eye as well. A couple other takeaways:
Page 4/5
"The integrated VMS will take approximately a year to be developed and 6 months to be approved once a partner has been secured, so the Company has completed the development of a new model called the 2D-VMS-PLUS 5 machine and this has been approved in Canada and a submission filed for regulatory approvals for this new model in the USA, Europe and China."
Page 7
"The Company has heard from its regulatory advisors that the VMS-PLUS does not need to undergo clinical testing prior to final submission for regulatory approvals and commercial production. Accordingly, the Company is submitting to have the VMS-PLUS included in its product offering for the USA, Canada and Europe."
Page 23/24
"The focus in Q1 2017 shifted from development to obtaining regulatory approvals for the 4-chamber VMS in Canada and in other jurisdictions, including the USA and Europe."
Does this not clearly state that the have applied to the US-FDA for the VMS-PLUS to be approved? Unless I am missing something here, that is pretty news worthy? Maybe they aren't making a press release becuase of what happened in 2013 so they are waiting for approval? What do you guys think?
JordanDee