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Posted On: 09/04/2019 8:28:37 PM
Post# of 11802
Not that it is one iota your business, but I do own shares. I made 2 purchases, one at .12 and one at .0425. It is not a big investment as this was a spec play. I do not hate management, you tend to write untruths to support some of your absurd narratives. Management is responsible for the current cash position and management made the decision to remove the Company from SEC filings. It is not shareholders fault for the current state of affairs. Today is just another example of propaganda disguised in a press release.
The reality is the test strip market is highly competitive with large pharmaceuticals dominating the US markets because they have the trust of doctors, prescription pharmacies and patients. In a best-case scenario penetrating market share is extremely difficult. This Company has limited cash and that chokes the supply chain and marketing. Scaling will be very difficult. Without a Joe Montana throwing a bunch of Touchdowns this game is very difficult to win. The wild card is a small chance that the Company's appeal is successful and management can get a licensing deal where they can sit back and collect royalty checks. From a Joe Blow speculative stock buyer's perspective, this is dead money. As they say, it is what it is!
As for your excuses, I think if you want people to take you seriously stick to facts instead of name-calling and acting like a grade-school bully.
The reality is the test strip market is highly competitive with large pharmaceuticals dominating the US markets because they have the trust of doctors, prescription pharmacies and patients. In a best-case scenario penetrating market share is extremely difficult. This Company has limited cash and that chokes the supply chain and marketing. Scaling will be very difficult. Without a Joe Montana throwing a bunch of Touchdowns this game is very difficult to win. The wild card is a small chance that the Company's appeal is successful and management can get a licensing deal where they can sit back and collect royalty checks. From a Joe Blow speculative stock buyer's perspective, this is dead money. As they say, it is what it is!
As for your excuses, I think if you want people to take you seriously stick to facts instead of name-calling and acting like a grade-school bully.
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