I don't think it was necessarily 'better'. Anyone making contributions to the board is equally important. Thanks to everyone who participates!
FYI..
Found an interesting article which details the history of SCIE; where we were, where we are, and where we're going..
(link will probably only work from original post)
http://www.xconomy.com/san-diego/2009/03/18/f...echnology/
Thoughts from this article:
SCIE has literally turned itself around; from a bankrupt company to one which is about to commence sales in Europe.
Jim Hitchin, the former CEO of SCIE, sold one of his companies for $66 million dollars (Infrasonics in 1996).
The original SpectraScience team spent $55 million developing optical biopsy technology.
Hitchin and others spent about $50,000 to acquire the technology in 2004 out of SpectraScience’s bankruptcy. GREAT DEAL!
Oncoscope used to be SCIE's competition but now is part of Spectrascience.
In 2006, SCIE acquired MediaSpectra of Lexington, MA.
The LUMA device no longer exists as a stand alone unit. SCIE cleaned up their act and focused on the WavSTAT.
When this article was written, SCIE was just beginning to set up distribution all over Europe.
Remember from previous posts; it can take a decade or longer to go from concept to sales. Seeing the majority of the things written in the article occurred in 2006, you clearly see we are a decade in and things are finally pointing towards sales.
In 2009, the company was trying to market its WavSTAT system for colonoscopies in the United States, but learned it was more efficient to sell it to Europe first; which is exactly what is happening as we speak.
In 2009, SpectraScience has also begun recruiting participants for a clinical trial intended to evaluate the use of WavSTAT as a way to detect throat cancer . This is a very important point. When this article was written, Oncoscope was their competition. Oncoscope was developing (with Duke), technology which would detect Barrett's esophagus. As of this post, we see the tide has turned. SCIE now has access to Oncoscope's technology and is already involved in trials for this disease. This is what we would call PROGRESS. I believe SCIE is going to release a new, completely separate product relatively soon for Barret's esophagus.
Is SCIE a slow moving stock? Absolutely. Does an investor need patience? Absolutely. But this article shows the resilience of SCIE's team and their determination to market a product which can and will save lives.
Let's get to that golden cross!
Not investment advice.
FYI..
Found an interesting article which details the history of SCIE; where we were, where we are, and where we're going..
(link will probably only work from original post)
http://www.xconomy.com/san-diego/2009/03/18/f...echnology/
Thoughts from this article:
SCIE has literally turned itself around; from a bankrupt company to one which is about to commence sales in Europe.
Jim Hitchin, the former CEO of SCIE, sold one of his companies for $66 million dollars (Infrasonics in 1996).
The original SpectraScience team spent $55 million developing optical biopsy technology.
Hitchin and others spent about $50,000 to acquire the technology in 2004 out of SpectraScience’s bankruptcy. GREAT DEAL!
Oncoscope used to be SCIE's competition but now is part of Spectrascience.
In 2006, SCIE acquired MediaSpectra of Lexington, MA.
The LUMA device no longer exists as a stand alone unit. SCIE cleaned up their act and focused on the WavSTAT.
When this article was written, SCIE was just beginning to set up distribution all over Europe.
Remember from previous posts; it can take a decade or longer to go from concept to sales. Seeing the majority of the things written in the article occurred in 2006, you clearly see we are a decade in and things are finally pointing towards sales.
In 2009, the company was trying to market its WavSTAT system for colonoscopies in the United States, but learned it was more efficient to sell it to Europe first; which is exactly what is happening as we speak.
In 2009, SpectraScience has also begun recruiting participants for a clinical trial intended to evaluate the use of WavSTAT as a way to detect throat cancer . This is a very important point. When this article was written, Oncoscope was their competition. Oncoscope was developing (with Duke), technology which would detect Barrett's esophagus. As of this post, we see the tide has turned. SCIE now has access to Oncoscope's technology and is already involved in trials for this disease. This is what we would call PROGRESS. I believe SCIE is going to release a new, completely separate product relatively soon for Barret's esophagus.
Is SCIE a slow moving stock? Absolutely. Does an investor need patience? Absolutely. But this article shows the resilience of SCIE's team and their determination to market a product which can and will save lives.
Let's get to that golden cross!
Not investment advice.
1
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
