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The latest update is out from PetVivo Holdings (PETV).
Embarking on a major cost-cutting initiative led by their new CFO Garry Lowenthal, the company has secured salary reductions from key executives, with the CEO and Chief Business Development Officer slashing their salaries significantly. This move is part of a broader effort to decrease labor and operational expenses, aimed at conserving cash and minimizing the company’s operating losses and monthly cash burn.
Learn more about PETV stock on TipRanks’ Stock Analysis page.
