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BIOLASE, Inc. Message Board

  • i_gotta_have_more_cowbell i_gotta_have_more_cowbell Feb 22, 2013 9:54 PM Flag

    You have to understand how much ground has been covered

    You don't just wake up one day and say "I'm going to make the next great innovation.", and then sell it the next day. It doesn't work like that, there's a process to bring any creation to market, no matter what field you're in.

    The USPTO says the average patent application requires over two years to be processed. In the case of BIOL's recent patent for hyperopia and presbyopia treatment the application was filed on Dec 21 2010, and approved Feb 5 2013. It's lineage goes back to an application filed on Apr 24 2006. That's just one of many BIOL patents either pending, or approved.

    Now ask yourself if anyone takes on a 7 year commitment on a whim? And that's just one of many things BIOL is working on. Protection of your innovation with a patent isn't the only thing needed, implementation of a process, or device, needs regulatory approval. As of Feb 6 2013, BIOL has secured FDA approval to use it's innovations in over 80 medical procedures, and 19 (new to BIOL) medical markets.

    Sounds like significant ground work over the last decade has been laid. The next step should be...maybe...finding partners? Oh wait, that is what they're doing. Before your newest smart phone reaches your palm it's old technology. Much of our "current" tech has sat on shelves for years. This is the process, and anyone dismissing the value of this effort, or the time required to acheive these results, simply doesn't understand how things work.

    The next pieces of the puzzle should come from the conference call on March 6th, be there.

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    • i_gotta_have_more_cowbell i_gotta_have_more_cowbell Feb 23, 2013 4:34 PM Flag

      Solid logic, and real inofrmation are hard to refute, who on this board would vote thumbs down to the truth? lol They think you, and I don't know which two clowns are dumb enough to short the unfolding story. Look, fellas, even if you could short it to zero, the absolute maximum you could acheive by shorting, then what? You'd have to find another stock to short, why not just jump on the bus, and get off at the next stop? Wait, you guys didn't go all in did you? Is there enough dry powder to at least cover with some calls? Better do what ever what ever it is you're going to do by March 6th, don't see it getting better for shorts after that.

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