Target?With the slow pace of the developments, news and execution, I really wonder if the best thing that could happen would be an offer for the shares of GMA/Innord.
That would make an easy exit for the shareholders as well as a potential nice premium on the share price.
As the weeks, months and years pass by, one has to wonder how fast a company with so few employees can bring a product/technology to the market. GMA also relies so much on key employees that it represents a risk if these employees are tired/sick or simply decide to work in other industry.
With all the waiting and no significant news from GMA, I wonder if an acquisition of GMA would not be the perfect solution. I am not sure if t is the lack of funds, the management itself, the strategy, the splitting of time between the different entities or a combination of many factors, but a fact remain that we are not attracting much interest.
In addition, the AGM will come soon with again a distribution of warrants and options to the management.
.... Sre you sll in the mood to celebrate GMA's success?
Moulouk