This took place 2 months ago. This is the work of "friends" driving the price down so options can be enacted for a nice price. Are we really surprised about this behavior?
that was in the past they have like less than $20MM and no debt, annual sales is around $2 -$2.5 MM but there is a long way to black .... at least till mid 2015 when lung and kidney test get Medicare coverage and/or the thyroid test gets out .... meanwhile Berlin is having a ball looting the coffers ...pigface
I don't think it is going to be nearly as bad as everyone things. The selling is just the activist or other inventor's that are feed up getting out because they are not optimistic that they were successful in doing what they are out to do.
Company has already shown proof of concept. Sales are on the rise, they have funds till 2016 and the future look bright. At the end of the day, I'm ok with the CEO's compensation, provided he creates shareholder worth.
Company is also going to be reporting quarterly starting in 2015.
I know they were on the verge of going broke or having a fire sale a few times. The cash burn here has always been astronomical, and with no real revenue to offset it. I thought they would be bankrupt in 2013.
This POS has been on a steady downtrend ever since SuperTrades on Twitter pumped it and dumped it.
prior to the AGM he was bombarding us with PRs of idiotic studies and publications but now he is silent like a rat, no letters to the shareholders anymore, ah? Waiting for your options, hope you get one way option soon!
There is a special place in heavens reserved for you!
Hard to figure out what this price action of today means, either those activists getting out, which is stupid, or they or someone is scooping a whole 1% of the float ..what a disaster we got ourselves in!
Yo mike you still here? I gave up on this thing so long ago. Unreal, last time I checked this dog was in the $4's now its struggling to hold mid $2's. Some may say its a good buy at this price, but given the history of the management, I certainly wouldnt use anything but my "Vegas" money to buy shares. Best of luck!
It's a matter of speech, I have no math to back it up ..one thing is sure - the pps will stay here in the narrow range most probably or may go to the 52 weeks low of $2.35 ..There is a buyer(s) at his level not because it will fly right after the 30-th, there still may be a tax loss sale in Dec. but this is technically a good risk/reward area to accumulate for an eventual pop either due to some news or due to the severely oversold condition.
I share your frustration, of course, but what math are you using to suggest the price will go below $2. I am missing a calculation here, and I'm not sure what it is .
I just refuse to comprehend how could people that sunk millions into this fraudulent establishment could go and elect again their own undertakers that driving this company into the ground shamelessly looting company's coffers along the way!
15% of an imaginary shareholders have decided to crucify themselves for the sake of the criminal CEO outrages manipulation to bring the pps under $2 by Nov. 30-th!! Where is the rest of the complacent idiots remains a mind boggling mystery ..stupid masochists ! Thank you brain dead!
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