Post by
Infidel_ on Dec 03, 2020 5:33pm
Sell the technology or get bought out
Time for MDX to pass the technology on to a group who can execute. Probably a private, healthcare focused firm would be the best option to actually get this thing to the market where it can help people and get monetized. Likely the only way for the company to get out of its jam, too. The share structure is gross, the stock price is low and the treasury is empty. After all these years, there has been no real, substantial progress of the type that long-time observers would be forgiven for expecting. If that doesn't happen, I smell a roll back and another financing.
With respect to Agoracom, there are two questions:
- has the share price increased since they were brought on board?
- has the liquidity increased?
Both appear to be resounding "no".
As far as potential investor awareness, have their been any conferences, webinars, interviews, social media, etc. etc. to get this story out there apart from little trickles here and there? Has Agoracom been arranging such things?
Frankly, I don't think this company has a prayer unless something drastic is done and done soon.