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Biotech / Medical : BICO & VITK -- Ignore unavailable to you. Want to Upgrade?


To: Tadsamillionaire who wrote (1996)7/18/1998 7:59:00 PM
From: Tom R. Jones  Read Replies (2) | Respond to of 2395
 
<<This initial UK shipment will kick off the sales & distribution of the world's first non-invasive glucose sensor approved for market sales. >>

OK everyone, let's get serious...

We know that BICO is in desperate financial shape and needs cash. We also know that they must pay a lot of money for the Florida company. I think that they are paying $150,000 per month with a million dollar payment due in October.

With the CE Mark, how long can we reasonably wait before we hear news of Diasensors being sold in the UK? It seems to me that we should know if the company is going to survive and/or prosper at least by October.

Any thoughts on this?