I will buy back in when we get some Triferic sales . You don't have to buy until there is some actual good news. If the price is going to 20+ as many have stated, there will be plenty to be made even if you have to pay in the low teens
Triferic was approved by the FDA Jan 2015 and still no sales. Thjat is a fact not a bash. I'm just trying to find out if anything positive has happened from people that are out in the field. RMTI's future price will be determined by the success of their ability to make profitable Triferic sales. Since no one is responding, I assume that not a lot of positive things happened in the last quarter
By the way, will RMTI mgmt. receive another stock bonus in the 2nd quarter?
I look forward to receiving more thumbs down
Wall Sreet pays for results, and there hasn't been many this year
I agree that the future share price is largely dependent on RMTI's ability to sell Triferic. Nothing has changed on that front.
Calcitriol sales should be able able to generate positive cash flow to help offset SG&A expenses.
I agree with your post. When I ask a question about when mgmt. is finally going to get something launched, I usually get negative posts and a lot of thumbs down. Triferic was approved in Jan 2015...about 6 full quarters ago. There still have been no Triferic sales; yet, management has consistently received large bonuses on a regular basis since 1/2015. Maybe the pumpers are happy with that, but it just doesn't seem right. You get a bonus for results not by giving excuses to the shareholders.
I continue to follow the company and would consider buying the stock again if they get meaningful Triferic sales.
I'm not pulling "anyone's chain" . I would love to buy back into the stock and have followed it for almost 4 years now, at one time having a large position.
When are they going to show a profit and when are there going to be some Triferic sales?
Anyone out in the field that has some idea, please respond
I just don't understand why it takes so long to launch a generic drug (Calcitriol) and it seems like a long time for CMS to approve the add on pricing
Does anyone have an idea on what kind of loss RMTI will post for the current quarter ending 6/30/2016?
Does anyone know if Calcitriol got launched this quarter or is this a 3rd quarter launch?
How long does it normally take for a CMS decision?
It seems like this is taking a long time
They will probably get stock options regardless of the Calcitriol launch...by the way I believe that it has been over 2 years in trying to launch generic vitamin d
Calcitriol is not as important as selling Triferic. If RMTI does not get Triferic sales going soon, the stock price won't go up
I agree with your post. You should be paid for attained results. You should not be paid stock bonuses now before you have Triferic sales. Triferic revived FDA approval in Jan 2015 . Apprx 18 months later you still don't have any significant Triferic sales; yet, mgmt. has received quarterly stock compensation. The pumpers will say that mgmt. deserves the bonus while the bears will say that the compensation was not deserved. For the stock to go meaningfully higher, you need profitable Triferic sales
The future of this company is tied to Triferic profitability. Triferic has been touted as a "game changing" drug. You would think that 5 months is long enough for a decision to be made but perhaps there are more questions that have to be addressed by RMTI. In any event, you will not see new all time highs until this is approved, barring a buyout
The stock actual got up to about $18.90 last year before it had a big dip