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Wednesday, January 7, 2009

Datatrak back on Track?

After a few months of uncertainty,  DataTrak have announced at the end of December that they have resolved their legal dispute with the former owners of the ClickFind EDC product they procured in 2006.  I am sure that Jeff Green and his team will be somewhat more positive about the prospects for 2009 than 2 months ago.  The share price though remains very low with a potential de-listing due to occur, pending a hearing with Nasdaq.

Hopefully, the company will pull through.  It would be sad to lose one of the early providers of EDC systems.

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