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  • jakealej jakealej Dec 27, 2013 11:45 AM Flag

    Need patients and patience

    CMXI did have a big win with CMS in November. Is it perfect... no? Wound care centers are probably the most disappointed as their ability to make money with any product is very limited or nil. Anyone that is an investor/speculator in CMXI should be thrilled because at least there is a decent chance the company can be profitable. If you are holding "long" and expect a "fast buck" (oxymoron) the only opportunity for that fast buck is an announcement of partnership.I do except to happen as large healthcare companies are always looking for products to sell that there is a belief money can be made on... I do believe Autologel has the product profile to make money and has an added benefit of a "halo effect" as it is a cool product. Having worked for one of those companies in sales & marketing, nearly everything takes longer than you want. Patience sucks but owning small companies is not for babies.
    A new product or system takes time, even great ones. My only point is if you are looking to make a fast buck, pray for a partnership and then sell right afterward because making money as an owner of CMXI will probably take longer than we all expect. I hope I am I am still long: Hold

    Sentiment: Hold