Welcome to the Cardiogenics Holdings Discussion Forum

Paramagnetic Beads and QL Analyser are Proprietary Products

Free
Message: It looks like this message board is now just three people.

Although I haven't posted, I do follow the forum. I am still holding my shares and tempting to buy more. I am glad to see the clinical trials will be underway soon for the diagnostic machine. The reverse split was a good decision, as most institutional investor would like to see less floating shares and not trading a pennies. Hopefully, the new PR firm will do a better job. With most of shares locked up from directors, there is'nt much floating (just over 30 million). They also mentioned in the release that they plan to upgrade to a higher exchange (Nasdaq ?). I seee all these news release as positive.

The fact that Merck has not delivered yet, is not a reflection of Cardio's inability or mismanagement !! It is Merck that has been incompetent so far. But, maybe i am jumping to conclusion and the results of the new batches of beads are of good quality. You can't blame management for going to Merck, who (small cap) wouldn't.

Share
New Message
Please login to post a reply