Forum Archive Index - February 2001

["G Stolwyk" <stolwyk@wave.co.nz>]

 

Please read the disclaimer first!

 

MMD or Micromedical Industries Limited :

 

< www.micromed.com.au > The site explains all !

 

I referred to it on Nov.10 when the price was 34 cents. Subsequently, it fell to 29 cents. 

 

They announced the successful completion of Stage 2 and will now start the last phase: Stage 3.

At this stage, distributors/licence seekers could become active!

 

The shares rose 10 cents to 57cents yesterday!

 

It was the feature of an exhibition opened by the PM on Jan.24 and has just obtained a crucial European patent.

 

MMD considers the VentrAssist artificial heart to be the most advanced in the world, a major reason is that it has only 1 moving part.

Hence, degradation of the blood platelets is minimal compared with alternative systems! Quote:" It has a "virtually unlimited life!".

 

The wearer can accomodate this pump with a much greater sense of well-being knowing that prolonged and sustained use is one of the features .

 

MMD also has the Cardiac e-Health division with its many advanced applications.

 

MMD has 124 mill. shares.There are some larger parcels on offer today and  the current share price is 52 cents.  

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Disclaimer: Contents of this email are my opinion. This can change. Accuracy or completeness cannot be guaranteed. No one is asked to buy, hold or sell shares in any company, trust or any other instrument. To do so will be at the reader's own risk!

 

Gerry

( Holds MMD )