Welcome to the ALDA Pharmaceuticals Hub on AGORACOM

(Edit this message through the "fast facts" section)

Free
Message: Financials filed

On SEDAR it looks like they have filed their financials, MD&A and quartely reporting requirements and are waiting for regulstor approval and reinstatement to trading status. That is the good new. The not so good news is the financials themselves. The company is not only out of money, but the directors and management, through associated companies loans are putting the co. on life support and racking up Alda's debt. This can only last for so long, and even though it is good to see them personally become invested with the co. we need something epic to pull us out of this nosedive. I am amazed in reading on another forum that Terry was shocked to see that even though they got good feedback on their product that they saw sales fall. I suppose he missed classes in Marketing 101, because really it is not always about who has the best product. Just read about the VHS vs BETA story.

Unfortunately, unless shareholders have something good to hear in terms of future revenue, we will see a mass exodus once trading resumes.


Nov 29, 2011 09:37AM

Dec 02, 2011 12:35PM
Share
New Message
Please login to post a reply