DRIO News 08/27/2014 10:21:14 $DRIO
Up we go! Congrats to all that loaded at these low levels today! Looks so much better than yesterday! Starting to look like a real trade now!
DRIO
I told you
DRIO Stock Message Board http://investorshangout.com/LabStyle-Innovati...RIO-87707/
072 we going green folks..DRIO
$DRIO Ask is thinning out. BOOM time a-cometh.
imo.
She's coming around the mountain
DRIO
we rising north...0.071
agreed, locked and loaded....Not worth flipping down here... This is a $5.3m valuation currently, this had a $23m value June 30th... Once the smoke settles from the dilution the company and Investors/Traders will see this is undervalued and will start running to .20-.30 !
The current share price is lower than the Share Exchange Agreement (SEA) buyer's average by a couple cents at worst.
DRIO
During the first half and the early third quarter of 2014, LabStyle believes that its roll out execution is on target as he following milestones were achieved:
•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).
•Received national and regional insurance reimbursement approval for the Dario™ Personalized Smart Meter in Italy. LabStyle is actively seeking reimbursement in other strategic territories.
•Received approval from Israel's Ministry of Health to sell the Dario™ smart meter for diabetes in Israel.
•Released the Dario™ Diabetes Management App for Android smartphone users. The mobile application has the same user interface and features as the iOS Dario™ Application and is currently available for download in select soft launch markets. The Android supported Dario smart meter will be released in early September.
•Received a Notice of Allowance from the U.S. Patent and Trademark Office for core patent claims covering the Dario™ personalized smart meter, which works in tandem with the novel and powerful Dario™ software application to form the overall Dario™ Diabetes Management Solution.
•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.
•Continue to enhance logistics and shipment process in order to ship and deliver Dario™ personalized smart meters and test strips in a timely and productive manner.
•Expand distributor network with purchase commitments from strategic markets.
•Increase awareness of Dario™ and sales penetration in key target markets.
•Facilitate reimbursement in key target markets.
•Continue to refine and enrich the cutting edge software component of the Dario™ Diabetes Management Solution.
•Obtain 510K FDA clearance for the Dario™ personalized smart meter by early 2015.
•Establish an online sales strategy.
•Utilize the information collected from customer feedback and strategic agile marketing techniques in the long-term roll-out strategy.
•Augment LabStyle's intellectual property portfolio with additional potential patent approvals in the U.S. and globally.
Yes sirrrr and I am locked and loaded AND loading more, I know what's coming. Anyway gotta run a few quick errands I'll be back later.
after 073 we will see a buying pressure. to much upward potential for next days on any news easy 400% potential short term
$DRIO A few nice hits at .07; consolidation in this range, .07 +/-, so far today, imo.
The initial launch of the Dario™ smart meter which has been underway since late March 2014 has met with promising market demand demonstrated in the initial soft launch territories; the United Kingdom, Italy, and New Zealand.
The initial launch feedback includes the following:
•Dario™ has been well received with excellent feedback from users. This has resulted in over 20,000 thousand of Dario app downloads in the six month period only in the soft launch territories, and a higher than average pick up rate thus indicating the feasibility to convert downloads to users in an efficient and productive manner.
•Built a strong supportive community of people with diabetes using Dario™ for their diabetes management needs, primarily in the United Kingdom.
•Surpassed the accepted industry average pickup rate for new users. The current pick up rate of over 68% of these users is due to their very positive experience with Dario™.
•Number of Dario™ smart meter users has passed 2,000 and is growing. Reimbursement codes took longer than expected to be obtained and therefore, the number of users has been constrained and below expectations. Now that reimbursement codes have been secured the user growth rate is expected to accelerate.
spike into the green so save. DRIO perfect setting.
Yep the fundamentals here are rock solid...September's going to be an epic month!!!
DRIO LOOKING GOOD
Things are in the works people ;]
Not gonna say more! Load THA boat :]
$DRIO
Gotta take out these 7's
ABOUT THE DILUTION!!!
- the issuing of shares has concluded per Fridays 8-K making 75m O/S
- The people who got the new issued shares are free to do whatever they want w/ it, that was the heavy dumping the past few days was new 40-45m shares hitting the market.
-the upside is not all holders will sell at these levels.
Volume Monday- 35.9m
Volume Tuesday- 31.19m
Volume Wednesday- 4.67m as of 11am
Clearly the big dumping is over... Now we have a lot of shorts out there to cover, otherwise most of the dilution is over.
Up we go! Congrats to all that loaded at these low levels today! Looks so much better than yesterday! Starting to look like a real trade now!
DRIO
I told you
DRIO Stock Message Board http://investorshangout.com/LabStyle-Innovati...RIO-87707/
072 we going green folks..DRIO
$DRIO Ask is thinning out. BOOM time a-cometh.
imo.
She's coming around the mountain
DRIO
we rising north...0.071
agreed, locked and loaded....Not worth flipping down here... This is a $5.3m valuation currently, this had a $23m value June 30th... Once the smoke settles from the dilution the company and Investors/Traders will see this is undervalued and will start running to .20-.30 !
The current share price is lower than the Share Exchange Agreement (SEA) buyer's average by a couple cents at worst.
DRIO
During the first half and the early third quarter of 2014, LabStyle believes that its roll out execution is on target as he following milestones were achieved:
•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).
•Received national and regional insurance reimbursement approval for the Dario™ Personalized Smart Meter in Italy. LabStyle is actively seeking reimbursement in other strategic territories.
•Received approval from Israel's Ministry of Health to sell the Dario™ smart meter for diabetes in Israel.
•Released the Dario™ Diabetes Management App for Android smartphone users. The mobile application has the same user interface and features as the iOS Dario™ Application and is currently available for download in select soft launch markets. The Android supported Dario smart meter will be released in early September.
•Received a Notice of Allowance from the U.S. Patent and Trademark Office for core patent claims covering the Dario™ personalized smart meter, which works in tandem with the novel and powerful Dario™ software application to form the overall Dario™ Diabetes Management Solution.
•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.
•Continue to enhance logistics and shipment process in order to ship and deliver Dario™ personalized smart meters and test strips in a timely and productive manner.
•Expand distributor network with purchase commitments from strategic markets.
•Increase awareness of Dario™ and sales penetration in key target markets.
•Facilitate reimbursement in key target markets.
•Continue to refine and enrich the cutting edge software component of the Dario™ Diabetes Management Solution.
•Obtain 510K FDA clearance for the Dario™ personalized smart meter by early 2015.
•Establish an online sales strategy.
•Utilize the information collected from customer feedback and strategic agile marketing techniques in the long-term roll-out strategy.
•Augment LabStyle's intellectual property portfolio with additional potential patent approvals in the U.S. and globally.
Yes sirrrr and I am locked and loaded AND loading more, I know what's coming. Anyway gotta run a few quick errands I'll be back later.
after 073 we will see a buying pressure. to much upward potential for next days on any news easy 400% potential short term
$DRIO A few nice hits at .07; consolidation in this range, .07 +/-, so far today, imo.
The initial launch of the Dario™ smart meter which has been underway since late March 2014 has met with promising market demand demonstrated in the initial soft launch territories; the United Kingdom, Italy, and New Zealand.
The initial launch feedback includes the following:
•Dario™ has been well received with excellent feedback from users. This has resulted in over 20,000 thousand of Dario app downloads in the six month period only in the soft launch territories, and a higher than average pick up rate thus indicating the feasibility to convert downloads to users in an efficient and productive manner.
•Built a strong supportive community of people with diabetes using Dario™ for their diabetes management needs, primarily in the United Kingdom.
•Surpassed the accepted industry average pickup rate for new users. The current pick up rate of over 68% of these users is due to their very positive experience with Dario™.
•Number of Dario™ smart meter users has passed 2,000 and is growing. Reimbursement codes took longer than expected to be obtained and therefore, the number of users has been constrained and below expectations. Now that reimbursement codes have been secured the user growth rate is expected to accelerate.
spike into the green so save. DRIO perfect setting.
Yep the fundamentals here are rock solid...September's going to be an epic month!!!
DRIO LOOKING GOOD
Things are in the works people ;]
Not gonna say more! Load THA boat :]
$DRIO
Gotta take out these 7's
ABOUT THE DILUTION!!!
- the issuing of shares has concluded per Fridays 8-K making 75m O/S
- The people who got the new issued shares are free to do whatever they want w/ it, that was the heavy dumping the past few days was new 40-45m shares hitting the market.
-the upside is not all holders will sell at these levels.
Volume Monday- 35.9m
Volume Tuesday- 31.19m
Volume Wednesday- 4.67m as of 11am
Clearly the big dumping is over... Now we have a lot of shorts out there to cover, otherwise most of the dilution is over.
