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ULURU Inc. Message Board

  • lezz_than_zero lezz_than_zero Feb 10, 2010 6:22 PM Flag

    .16 will be the new 17...

    Just like .17 was the new .18. Can't you guys hear the air leak here?

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    • less_than_zero:
      Your alias should be less_than_smart!!!!

    • folks who sell down here will seriously regret it IMO. MM's are clearly getting their shares. We are not far from 52 wk low with so many positives on the horizon. Just a matter of time!

    • Yeah, yeah...break out the tissues. We "really" appreciate your concern...yeah, right!

      We're dealing in pennies, pullbacks are common. We're also dealing in a startup bio, both require solid news releases, "shock" and/or "pump" to raise PPS. ULU has close to (if not already) sufficient clinical evidence to ask for a fast-track of "silver" through the FDA, if wanted. However, Uluru, Inc. wasn't prepared (as a business) to sustain the PPS, due to the below, and needed time to put "sound operations" in motion that will sustain the PPS:

      1) New CEO, 3/2009.
      2) New Business Plan submitted to SEC, 06/2009.
      -- Streamlined operations
      -- Cut R&D
      -- Flattened portfolio, shed non-scope (non-wound management) portfolio
      3) Zero/to limited Sales Force
      -- Advertised positions in 15 States, Compensation: (commission only)
      4) Needed funding to continue operations
      -- PIPE required
      -- Partnership with Rodman & Renshaw
      -- New institutional investor backing
      -- Consideration/Possible long-term (non-pipe) strategic partnerships
      5) Automated Logistics Channel required
      -- Contract signed with McKesson, Fortune #15 Business, State-of-Art Logistics
      6) Marketing/Advertising
      -- New Venture Forum, 2010
      -- 10th Annual Wound Healing Conference,
      -- Presentation On The Use Of Altrazeal™ In Home Care
      -- Announces Extensive Clinical Evidence Presented At The 24th Annual “Clinical Symposium On Advances In Skin And Wound Care”
      -- Presents Data On Negative Pressure Related To Altrazeal™ At The Diabetic Limb Salvage Conference In Washington, D.C.
      -- Presents Results Of First Randomized Clinical Trial For Altrazeal™ At The Symposium On Advanced Wound Care (Sawc) Fall Meeting In Washington D.C.
      -- Present Altrazeal™ Clinical Evidence At The American Podiatric Medical Association (Apma) Annual Scientific Meeting In Toronto, Canada
      -- Altrazeal™ Clinical Experience Published In The International Wound Journal
      -- Present Clinical Evidence And Advanced Research On Altrazeal At The Society For Advance Wound Care Conference For 2009
      -- Altrazeal™ Clinical Evidence To Be Presented At The American Professional Wound Care Association (Apwca) National Clinical Conference 2009
      -- Present Altrazeal™ Clinical Evidence And Advanced Therapeutic Research At The Diabetic Foot Global Conference
      -- Most, if not all of the above has occurred since Van Den Hooff became CEO

      IMO, ULU is better prepared today, beginning with the upcoming Q4 news conference, to raise and sustain PPS. We have:

      1) The McKesson deal release
      2) Positive trend of EPS, -05, -04, -02 (will we see ULU's first flat or positive quarterly earnings release
      3) More cash on hand, upper $1.8M to $2.2 range, result of two recent PIPE (ULU can show any and all cash on hand of the A/O date)
      4) Pending Silver FDA approval
      5) Sales force increase and in place
      6) Upcoming 12-month point of Van Den Hooff as CEO
      7) A superior product, that heals when other wound management products fail
      8) Quick healing, limited applications required, no itching (further complicating the wound(s)

      PPS is about looking forward, not back. IMO, there's a lot of positive upcoming, and the PPS could quickly leapfrog in the coming weeks, months.

      Current: No negative news. Recent investor support (means something is brewing).

      Short term: We could see .12c again. PPS dropped below support at .18c, next support is at .15c, next support is .12c. This is common with a penny: A strong blow out first, then the strong run up.

      Hang on, enjoy the ride. GLTA!

      - Striker

1.39-0.02(-1.42%)Apr 17 3:52 PMEDT

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