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Sofiatan, the stock is in its trading range. If you screen it for 6 months you will see that range is .18-.21. That is what it is. The news that was posted was good but I am not sure it is for a use patent. There has to be phase 1 - 3 human studies and approval from the FDA along the way. That can take years. In the case of CTIC for instance over a decade. The stock is range bound and there is some accumulation going on. What ADMD needs to do is focus hard on their isotope sales. That is their bread and butter and the only place that they are going to create revenue in the long term until the gel can get going. This can have two impacts. Immediate revenue and building a trusting long term clientelle to hopefully be immediate users of the Gel.
Anyone who is saying this is a $.30 or $1 stock is just pumping. Sure there is luck and then there is reality. The revenues and its expansion supports none of that today. That is talking about luck...a $1.
I am not sure you know what you are talking about. RadioGel to take years? It is expected to be approved and on the market this year.
You do know that they are expected to do 5-15 million in Revenue this year, right? Is that why people on the board are calling you stupid? Do you know what is going on?
Yup know those things. Now there is a hell of a difference between 5-15 million. Why not say 5-45 million? Where is the data of human trials supporting the safe use of RadioGel on HUMANS? That is pretty important to getting a use patent on a product from the FDA. Just asking of course. If you have direction to that data then let us know. It would be a good read. I have plenty of shares so I am not worried much about it if the stock just goes ballistic some day then great. I am not going to try to find it as I am of the opinion that it does not exist yet.
People are calling me stupid because I pose questions and ideas that contradict their own goals and ideas. They can't deal with it or even aswer the questions so I do not mind if they call me stupid. It just goes to show they are no smarter for not knowing. Good times!
Polymer seeds / Radiogel to market – 2013
$5-15 million revenue initial 2-3 years for each
Growth to $75-100 million range/year for U.S. alone
Additional licensing fee revenue from Europe, Asia, South America
Do they say when they will have satisfactory approval for use on humans by the FDA when isotopes are used in radiogel? Radiogel to market is a gel without the human testing no? Do they have a patent for application in Humans? Is there testing? I would like to see reports on the human testing.