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Response Genetics, Inc. Message Board

  • paradise.1933 paradise.1933 Apr 14, 2010 9:02 AM Flag

    RGDX is all about cash burn and further

    dilution. What Franck won't tell you is that it takes capital to grow and as they try to increase sales and compete with the big boys, prices for their test kits will be lowered further thus eroding into their gross margins. If will be very difficult for them to get any economies of scale. Bottom line, they will never produce the type of quantity that will create a profit...not even close.

    Raising $3M here and there at ridiculous prices only keep them afloat for short periods of time. I guarantee they'll raise additional funds before the year's out furher diluting shareholders.

    Do the math people rather than listening to the Pumping Frankpotomous. He's very good at spinning and turning all these negatives into do some'll be surprised at just how full of sheet he really is.

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