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Bullboard - Stock Discussion Forum MedMira Inc V.MIR

Alternate Symbol(s):  MMIRF

MedMira Inc. is a Canada-based developer and manufacturer of Rapid Vertical Flow (RVF) diagnostics. The Company's tests provide hospitals, labs, clinics and individuals with instant disease diagnosis, such as human immunodeficiency virus (HIV), syphilis, hepatitis, and SARS-CoV-2, in three steps. The Company is engaged in the business of research, development and manufacturing of rapid... see more

TSXV:MIR - Post Discussion

MedMira Inc > MIR COULD MAKE DIVIDEND PAY OUT AS EARLY DEC 21
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Post by august202013 on Mar 05, 2021 3:41pm

MIR COULD MAKE DIVIDEND PAY OUT AS EARLY DEC 21

As matter of fact if they have explosive CASH FLOW immediately after USA FDA 2nd EUA followed by HC's PO vice versa Which could be a reasonable assumption as MIR is ALREADY geared up for production of 50,000 COVID19 TEST KIT PLUS daily. So is a GOOD question. But on the other hand MIR might use the potential CASH Flow to ACQUIRE some distressed potential BIO TECH companies for cheap and RESELL Them when market is much better. Anyway first thing first the USA FDA 2nd EUA for the COVID19 TEST KIT PLUS
Comment by waverleywharf on Mar 05, 2021 4:21pm
They have some seriously significant debt to repay the government of NS (thank you for following how good a company they are) before they pay dividends. Probably three years if it all goes as it should. Hope so, can't wait to see it. MM says he hopes for it.
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