Post by
shareswapper on Nov 12, 2020 9:09pm
Good News and Bad News
Good news is they paid off the Debt, bad news is the Debts was $25 Million for a bag of assets that have not amounted to anything. Good news is the Net Cash (cash - credit line) is $3.0 Million. Bad news is that is not enough to license anything. Good news is Absorbica is still delivering, bad news is Generic date is Dec. 27th. Good news is they have Absorbica LD, bad news is it has delivered 1% market share after 9 Months. Good news is the company is still alive, bad news is there is nothing in the pipeline to get excited about. Good news it was a decent quarter, bad news is the next result is in March 2021 .....