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Thread: TRU - Truscreen

  1. #281
    Legend Balance's Avatar
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    Quote Originally Posted by golden city View Post
    Capital raising on the way with 1.2m cash. Monthly losses about half million
    March 2017 - $4.09m share placement at 16c

    May 2017 - $900k SPP at 16c

    Dec 2017 - $125k share option at 10c

    Feb 2018 - $60k share option at 10c

    Mar 2018 - $50k share option at 10c

    Mar 2018 - $125k at 10c

    April - $196k at 10c

    April 2018 - $75k at 10c (with loan from company) so no net funds into TRU

    Now why would the executives and directors put in any money in capital raisings when they can get all the shares they want at 10c?

  2. #282
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    Good addition to the board today.

  3. #283
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    Have to confess that I am a very slow learner as I lost money in the previous Aussie version. Going to areas with there isn't a vested interest in smear tests is a good strategy. Doctors seem no more capable of adapting new tech than any one else and appear no more ethical than the general population. One area for hope is that there now appear to be some new capable directors, whether they will hold the blow torch to the financials is another matter.

  4. #284
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    Hey you cynics check this new director out. He’s the ducks nuts.

  5. #285
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    Interesting to see what happens here. Was not expecting the Africa angle.

  6. #286
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    Quote Originally Posted by ofra002 View Post
    Interesting to see what happens here. Was not expecting the Africa angle.
    Sounding more and more like Plus SMS everyday!

  7. #287
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    Quote Originally Posted by Balance View Post
    Sounding more and more like Plus SMS everyday!
    All that is missing now is for the CEO to come to an unfortunate demise!!

  8. #288
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    Quote Originally Posted by Nice Option View Post
    All that is missing now is for the CEO to come to an unfortunate demise!!
    Yup - throw plenty of humongous overseas opportunities out there with a product which does not even figure in any Western countries (esp NZ & Australia) and keep pumping out the good news.

  9. #289
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    The company has deliberately targeted the developing countries because it is an effective means of testing in areas where health care is sparse and it has not had to overcome an entrenched pap smear infrastructure that exists in the West to prove its worth. This new director has good form and would not be interested if he did not see promise here. Happy with the progress and looking forward to more updates from China etc.

  10. #290
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    Quote Originally Posted by Digs View Post
    The company has deliberately targeted the developing countries because it is an effective means of testing in areas where health care is sparse and it has not had to overcome an entrenched pap smear infrastructure that exists in the West to prove its worth. This new director has good form and would not be interested if he did not see promise here. Happy with the progress and looking forward to more updates from China etc.
    .........yup, it's not rocket science DIGS, kind of obvious (to most). The whole concept behind the device is it's portability and application in remote areas that are lacking traditional medical infrastructure........possibly 2/3rds of the worlds population. Happy holder.
    Have a Gr8day.

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