GREY:VIVXF - Post by User
Post by
hipfneron Dec 26, 2017 6:49pm
202 Views
Post# 27227840
Interesting technology, failing business model?
Interesting technology, failing business model?It's a compelling solution to a real problem.
But losing approx. $5 milllion annually is not sustainable, as stated in their MD&A. I see that they've raised cash repeatedly and consolidated shares earlier this year. And no CEO...
Why are they making partnerships and sales in the Far East and not in North America and Europe?
I've read through the material on the website and Sedar.
(I've invested in many superior technologies that have gone to zero, so I'm not risk averse.)