https://www.nzdoctor.co.nz/article/n...-harmful-liver
Biggest problem for PIL now is the potential liability it has overseas - could run into many millions of dollars if they get sued overseas.
They do not take prisoners overseas - unlike NZ.
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https://www.nzdoctor.co.nz/article/n...-harmful-liver
Biggest problem for PIL now is the potential liability it has overseas - could run into many millions of dollars if they get sued overseas.
They do not take prisoners overseas - unlike NZ.
Paracetamol can also cause Liver Toxicity....
Late in the day announcement yesterday: https://www.nzx.com/announcements/314979
PIL have $300k left in the tank... placement will be just around the corner no doubt.
Only thing nice to see in that report was the gross margin improving to 72.5%.
See the Interim Financial Statements: http://nzx-prod-s7fsd7f98s.s3-websit...979/275583.pdf
p5. Cash at end of period = $324 000
Sorry, I do see the below in the notes which occurred after the HY...
During January 2018, the Group completed private placements of 47,750,000 shares to wholesale and eligible investors at an issue price of $0.02 per share and raised the sum of $955,000.
Cash burn continues nonetheless, what are they going to do to put out the fire?
Any idea how long that cash will last ?
Looks like Medsafe might have delt a killer blow with sales down so drasticaly .
i wonder if they can return from this .?
https://www.nzx.com/announcements/317584
they say April sales are double March, but March was pretty awful.