Medipharm Labs Corp T.LABS

No meat on the bone

[PUNJABI]

The headline looks great nine countries added. But what does it all really means? If this is not just fluffed hyped then why don't they add actual figures and projections as to how much revenue they have added and how it will improve the bottom line or reduce the burn rate.


The need to come out will improve financial projection some guidance that they have turned the corner.

If any of these contracts were half decent they would have indicated that in the news.

[Righttothetop]

Few if any releases like this, the sector over, provide any revenue guidance any longer.  This is primarily due to the fact that the receiver themselves don't know what uptake in their jurisdiction is going to look like....nobody really knows what demand is going to be. So why put out projections when no one know?  No partner is going to sign a firm commitment either when their

[lscfa]

Poorly written NR. It sounds like co. just added 9 countries. It should have read co. just added Malta, bringing to 9 the counties it now exports to. The other countries like Germany, Peru were previously announced.    

[lscfa]

p.s.   Malta has a population of only 502,653.   

[flad101]

All just fluff.  Bottom line is revenues.  They need to get revenues to 50 million per quarter and be profitable to get back where people think this company should be. They have 257.9 shares out, last quarter revenues around 6 mil and eps of -.52.  Glta. 

[Righttothetop]

Malta has been used by other companies as a beachhead country to the EU.