they are at the mercy of Pentax now...
No marketing, no leadership - HUGE market - and so far not anywhere near enough sales to offset the massive dilution that has occurred under Michael. One would think that under the insidious Obamacare TAX law, that cost saving measures like what SCIE has to offer would have a place be worthy of our socialized health market. That has been my hedge since the "health" TAX law took place, however we don't even sell our products here.
it was higher under Bush. Not that I am a fan of "repubs" or certainly not "dems".
Just sayin' . . .
keep us posted. I myself have not had a response from Jim Dorst, from any of my last few emails.
incompetence and "lack of ability" are not a good combination. I am wondering if PENTAX was already in the works before this goof-ball came on the scene. That contract alone is what he used to entice "investors" into the mind bending quantity of OBLs that he brought selfishly to the table to cover his 500k in salary/bonuses. Just a thought...
yet it unfortunately WON'T happen. This guy O has more impeachable offenses than all presidents who have been impeached - combined. The fools are now in charge of the country, and made sure O was re-elected. They don't care what this guy does. They care only that their held out hands get something put in them, each time they hold them out.
unfortunately that won't happen. The MOST CORRUPT admin in the history of our country and nothing will happen...nothing. People voted for this. People are amazingly stupid.
"I always feel something good is about to happen" - exactly the same thing here!
I think it is because of the product and its potential. Which, ironically has absolutely nothing to do with M.O.
it IS very frustrating and time for MO to go. Some say that would cause problems. I think, that alone, would pop this stock back over .18 - or more - depending who replaces him.
The simple fact that they have not stated the terms - one year into the deal - or required units bought/sold is not in the shareholders favor. The deal with PENTAX looks great in a headline. Actions always speak louder than words. Right now - as usual - lots of words and not much action. I hope I eat crow on these words. So far though, I have not.
"...exclusive five-year agreement with PENTAX Medical ..."
I looked at the pr again trying to find some info in the limited old "news" cycle that might provide a glimmer of hope, and came across the above in paragraph 2. Ssigning a stated 5 year EXCLUSIVITY with anyone had better include some serious numbers as a result.
By doing this SCIE has limited their growth to what (only) PENTAX can offer for the next 5 years.
It might be possible I am understanding this incorrectly. However, based on the wording it seems SCIE has put ALL of their eggs into one basket. If this is the case, once again this is a reflection of poor negotiating skills and horrible decision making by those that "run the show".
"I do not know what the agreement between the parties entails..." - which indicates it is not much. If it were, we would know about it.
I do not. My inquiries although, have not been answered lately from Jim as well...
whether he knows more or not does not dispute MO's abysmal performance from the shareholders standpoint. Every year has been an excuse year - by the way - since Mikey took the helm.
and we have a great close at .0482 today. Sure am glad they released a PR about day to day business matters...what a joke. yuck.