RE:RE:RE:RE:RE:RE:Where is a VIDA updateIt seems like the people who run/ran Livewell are the people involved with VIDA..... am I incorrect? An earlier post touted the value of the business they had built (only now it is worth only 10% of that sum)
So if Vida makes no progress by year end - no Approvals, no orders, - now that they also have NA rights, what happens? Mdx gets no money from them so their revenues rely soley on Europe. How will Mdx pay their bills? another financing to dilute the share value?
Any good business plan has timelines included and yet the Mdx shareholders have no idea when the loss of exclusivity might be invoked. As far as I know they have 5 years to get things done. So, Mdx is asking shareholders to sit in the dark and wait and hope. If the NDA prevents Mdx from keeping their share holders informed as to timelines thats not great. If Mdx doesn't have a business plan with timelines, that is even worse.