My name is Larry Chiang. I head up a very small company called United College Marketing in Oak Brook. I see the challenges of managing a very small, non-publicly traded company that has a fraction of overhead that BLTI has. BLTI has the challenge of not only creating new products and bringing them to market, but also working to please that powers that be at the FDA (an organization not well know for speed).
My point is simple: If you liked the stock at 4 1/4 then you must love it at 3 1/8 because from all indications it is the same stock.
I have been a buyer from 3 7/8 buying on the way down to two weeks ago. I especially like this stock because I feel safe that it won't go down further.
Two years ago I was in on some at 2 5/8. I am selling my shares when it hits 12.
larry, thanks for your message. it is conceptually correct. the problem is that the company was to be on track to release lazerbrush and other sales of the laser product are to be occurring. people have realistic expectations of results -- based on the company's statements. but the company has been mum. no word on lazerbrush. no word on fda progress. no word on sales. so when people hear nothing, they assume the worst. i also am long quite a number of shares of BLTI, but have been getting disenchanted with my purchase of shares.
i may not have said this well -- but what i meant to say is the "mood" has changed since no updates are provided by the company on progress -- so we assume progress is not being made. I wonder how the recent quarter's sale figure will come out -- this is really the big question.