Just a forward thought.I have been in Therma way before Covid, I liked the Therozap, and there is still a very real need for this product worldwide. Acuvid was a fluke for me. Therma Bright was a traded company before and will be after regardless of Acuvid FDA approval. With saliva based testing there are other potential markets that could be exploited with what they learn here. As I try and find other penny stocks to invest in I keep coming back here because of the products that are done being developed and being built and shipped. What other penny stock companies are this far along.
I really feel this company is developing into a multi product business which is a vital business plan to survive. The most viable ones have a couple of little widgets being produced on the side that pay some of the bills that kept the whole thing alive. I have worked for companies up and coming with one product on top of the game making lots of money and no investment to pivot or reinvest into another products only to just dry up and die when a temporary market change came along for whatever reason.
The world is just going to get sicker and more problematic with population, I feel a medical device provider will be a major player in the world. I wonder if other viruses come up on Therma’s radar as a possible play to produce testers' for be it saliva or blood. It would be so beneficial for all to have more convenient cheaper way for health care providers to use to help alleviate the burden of lab testing and waiting. What I like is I don’t think there is a life expectancy to a company like this as you would see in a mine or exploration company.
If Health Canada approves before FDA I would be really suspecting some form of political play going on in the States, which would be really indication of how far the world has fallen when politics interferes with helping sick people. Health Canada and EU will still be good avenues with the WHO to get our products worldwide and into developing countries as well.
The amount of money countries could save by just testing on site before boarding a plane, train or travelling across a border would be so much more effective then what is being done. And what is learned from this will be crucial when the next pandemic comes along which is inevitable.
Just my humble view.