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Chembio Diagnostics, Inc. Message Board

  • samsato18 samsato18 Sep 16, 2013 7:19 PM Flag

    Shareholder Meeting Oct 31 - Topics

    1 - Launch Plans of DPP Oral I see it, at October 31, the company will be approximately 5 months out from a full U.S. product launch of this critical test. Since a well-oiled launch typically requires a full 12 months of work, the plans should be pretty far along at this point.
    2 - Just how tough is it to fill the open positions on Long Island?...R&D Scientists and Product Manager. Is this a second product manager?....was this clarified on the conference call? I did hear that they hired two sales positions.
    3 - Does the company have plans to lower expenses by moving off Long Island? Let's hope that any purchaser of the company takes that high cost of living/everything into account when they set their offering price.
    4 - Cake for Larry Seibert's retirement...this was signaled in April with Larry's 1 year extension while Javan Esfandiari secured the typical 3-year extension.
    5 - Vote Yes for all Board Member Renewals.

    Is it time to buy another large block of shares???

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