NEWSFLOW
MGC Pharmaceuticals (#MXC) – quarterly report shows further net cash outflows and drawing of death spiral financing
- 2023-01-30 07:40:42
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NEWSFLOW
MGC Pharmaceuticals (#MXC) – cost reductions including in remuneration, NED Evan Hayes resigns
- 2023-01-03 07:54:42
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MGC Pharmaceuticals – so desperate to place but pro tem more death spiral vicar? Dismal quarterlies
I have warned you for a long time, notably with this dossier HERE, that Standard Listed MGC Pharmaceuticals (MXC) is a dog with fleas drowning in a sea of red flags. Today’s quarterlies, coming after six ramptastic announcements so far this month are piss poor and written with intent to deceive.
- By Tom Winnifrith
- 2022-10-31 11:25:18
NEWSFLOW
MGC Pharmaceuticals (#MXC) – Q1 sales revenue A$0.765m, but cash burn A$4.1m, cash A$0.9m
- 2022-10-31 07:43:51
NEWSFLOW
MGC Pharmaceuticals (#MXC) – board changes and “appointment of UK capital markets advisor”, ramptastic!
- 2022-10-04 07:53:07
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MGC Pharmaceuticals: another red flag vicar? More ouzo on cornflakes for a vindicated sheriff!
Following the publication of my red flag dossier earlier this year, anyone owning shares in MGC Pharmaceuticals (MXC) was fully warned of the need to lube up. I hope they did. The shares were 2.25p back on 11 January when I warned you that this was a £70 million dog from the scholars and gentleman at Turner Pope. They are now just 0.825p but after another red flag admission today they are still a monstrous sell.
- By Tom Winnifrith
- 2022-09-28 08:42:54
NEWSFLOW
MGC Pharmaceuticals (#MXC) – advertising laws infringement notices totalling AUD$306,960
- 2022-09-28 07:59:49
NEWSFLOW
MGC Pharmaceuticals (#MXC) – raises $0.55m from Mercer Street death spiral facility
- 2022-09-23 07:52:55
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MGC Pharmaceutics Results – if you fancy more red flags vicar?
The numbers for the year to June 30 came out last Thursday. Forgive my delayed response but suffice to say that MGC (MXC) engaged in industrial scale turd polishing.
- By Tom Winnifrith
- 2022-09-04 17:10:47
NEWSFLOW
MGC Pharmaceuticals (#MXC) – FY increased loss, recently drawn down further financing
- 2022-09-01 07:58:24
