(Total Views: 505)
Posted On: 08/25/2021 10:42:18 PM
Post# of 22465
You are a 100% right either way
Completing the deal with Pasaca is raising capital though dilution just as well.
My two cents, where is the money in a test verification app now that we got more vaccine than we know what to do with especially when you have governments offering they own verification apps for free (Kurt got that one right).
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IIMHO , Since the US never approved the Innova Rapid test , the day the FDA recalled the Innova rapid test kit Pasaca realizes there would be no market for QMC HealthID in the US for Innova rapid test thus no market for an app to record its results so instead of keeping a non profit project alive Pasaca simply shelved it.
It called good business.
But no worries QMC HealthId was the best investment QMC has made in the last 10 years without it QMC would not be working with Innova or Pasaca on developing new QD diagnostic test.
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AS increase is a means to raise capital through dilution,
Completing the deal with Pasaca is raising capital though dilution just as well.
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I don't understand why QMC would shelve Health ID when they were on collaboration with Innova, if the Pasaca deal was still in play.
My two cents, where is the money in a test verification app now that we got more vaccine than we know what to do with especially when you have governments offering they own verification apps for free (Kurt got that one right).
.
IIMHO , Since the US never approved the Innova Rapid test , the day the FDA recalled the Innova rapid test kit Pasaca realizes there would be no market for QMC HealthID in the US for Innova rapid test thus no market for an app to record its results so instead of keeping a non profit project alive Pasaca simply shelved it.
It called good business.
But no worries QMC HealthId was the best investment QMC has made in the last 10 years without it QMC would not be working with Innova or Pasaca on developing new QD diagnostic test.
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