Yup we going GREEN!!! $DRIO >>> TEAM TECHNO IS ON IT AND THET LOVE THIS PLAY!!! Sweet reversal!!!
This one is a true gem! DRIO
DRIO Stock Message Board http://investorshangout.com/LabStyle-Innovati...RIO-87707/
DRIO - As of June 30, 2014, LabStyle had cash, cash equivalents, restricted cash and short-term bank deposits of approximately $1,985,000.
OMG! 4 Hr chart screaming BREAKOUT! MACD above 0 $$$$
Man this mf was dam near a dollar earlier this month! Lets get at least half of that back! DRIO DRIO
I allied to be a MOD
I'm gonna add that to the sticky as well, I need more MODs lol
DRIO: Must Read DD - Courtesy of SportyNorty and The Sport Report Team
OUR FEATURED PICK IS: DRIO
Here's why:
DRIO has a 52 week high of $3.00
and a 52 week low of .05.
The RSI is currently at: 14.5 (WAY/WAY/WAY OVERSOLD).
DRIO was at .75 cents three weeks ago:
HOW DID WE GET SO LOW:
DRIO increased the O/S to 72m because they needed to raise money for Dario.
The company is in their soft launch phase, and have 23 employees working for them.
The dilution is Over per Friday's 8-K and the company confirmed
On Dec. 31st, 2013, the market cap at $1.70 and 20M sh. was $34M.
On June 30th, 2014, the market cap at $1.00 and 23M sh. was $23M.
Current market cap with 75M o/s at .07 is $5.25M.
A $20M market cap with the current 75M o/s would be approx. .266.
Keep in mind DRIO held a $34M market cap before the soft launch, and a $23M marketcap after the (very successful) soft launch had been effective for almost 6 months.
During that period, clearly it was the dilution that kept skewing the market cap.
With dilution now complete, along with cash proceeds available from this dilution, recovery of the pps to at least a $20M market cap would not be unrealistic at all.
Now the chart has bottomed out and should start an uptrend as it gets back to a proper market cap.
DARIO IS NOW ENTERING THEIR HARD LINE LAUNCH NEXT WEEK
WHAT THE COMPANY DOES:
Plugs into smart mobile device without the need for additional cords or cables
Fast – entire blood glucose metering process takes only 6 seconds Accurate – highly accurate results with tiny blood sample
Pocket-sized meter – forget about those bulky pouches and fanny packs
No battery – never run out of power and environmentally-friendly
ADDITIONALLY:
Dario is a state-of-the-art diabetes management platform that connects the user, caregiver and healthcare professional anywhere in the world. Dario‘s cloud-based software provides you with an easy seamless way to record, save, track, analyze, manage & share all your diabetes related information in one lifestyle management platform. Through the Dario web portal you can access all your activity and medication data and track your progress. Your data is always in sync and always accessible on-line in a user-friendly interface via a secure Web session. The Dario Web Portal is an easy way to share your profile with caregivers and family members at your discretion.
NEAR TERM CATALYSTS:
•Commenced first shipments of the Dario™ Diabetes Management Solution to distributors in Italy, New Zealand, the United Kingdom and the Netherlands, collecting initial positive feedback from the market of people with diabetes.
•Received reimbursement status in England, Wales, Scotland and Northern Ireland for strips and lancets to be utilized together with the Dario™ smart meter (effective September 1, 2014).
•Working with FDA towards potential clearance of the Dario™ smart meter in the U.S. following a 510K filing made in late December 2013.
•Partnered with FatSecret, a leading global nutrition data source, to integrate such data into the Dario™ Diabetes Management Solution.
•Raised $3.8 million in net proceeds from private placement which had its closing on February 2014.
•LabStyle's business strategy and goals assuming adequate funding for the remainder of 2014 and into 2015 include: Expedite production of Dario™ personalized smart meters for both Android and IOS smartphone operating systems, in selected jurisdictions with maximum optimization and efficiency.
•Obtain 510K FDA clearance for the Dario™ personalized smart meter by early 2015.
CASH IN THE BANK:
LabStyle used approximately $4,418,000 in cash to fund operating activities during the first half of 2014. As of June 30, 2014, LabStyle had cash, cash equivalents, restricted cash and short-term bank deposits of approximately $1,985,000.
KEY POINTS:
The Dario device will be compatible with the Android and IOS Smartphone devices beginning the first week of September.
The company raised this money to,"RAMP UP," their sales and production capabilities which are anticipated to soar GLOBALLY, starting in September.
DRIO is growing itself organically, making the right on the go products, compatible with all cell phone devices and have reoccurring revenue streams being developed by selling the disposable strips. It is highly likely that DRIO will either be acquired, (possibly TRIB), or reach multiple dollars within the next year. Either way, we see DRIO has having tremendous short, intermediate and long term benefits and you can buy this company with confidence as it has a long way to go up to its minimum price range of .30+.
Shake these intraday profit takers and we break HOD in an hour TOPS!
Everyone's invited haha! $DRIOOOOOOOOOOOO
60 minute chart >>>> monster move coming here IMO
WOW! TALK ABOUT SOME ASK SPANKAGE!! WEEEEEEEEEEEEEEEEEE!!!
.20-.25 COMING HERE MAJOR PPS CORRECTION COMING
Nice...
.09 - .10 Today! $$$$$
.10 possible today tomorrow .15 after that it's a blue sky literal breakout!
ok...now I believe ya...I'm in!
.266 brings us a mkt cap of $20m, mkt cap was $23m on June 30th and $33m end of 2013
Breakout mode ~