Don't take it personally, this isn't the most cerebral board on the web. Anyway, rumor mongers come out of the woodwork when the expiration date of the DMRJ agreement gets closer and they try to cast doubt on DMRJ's commitment to IMSC. Common sense would dictate that they would have pulled out by now if they were going to. Why this poster felt the need to post this info four months out I'm not sure. But, I think that's all he's doing here...a preemptive strike on the rumor mongers.
"I hope someone has actually seen their product and it's not a big facade."
So you think the TSA approved a "facade" for air cargo? Wow.
The reason you see the constant selling is that DMRJ has a lot of cheap shares to sell. When you have shares at .08 and can take a 1200% profit any day is a good day to sell. They're a hedge fund, get used to it. And learn to read the filings. The latest increase in float (from 57.65 to 59.28) IMO was likely due to the conversion of the last of the Series G shares and they may still be selling those, we'll see if that is the case with the next report. FWIW, I'll add some here under $1.00.
As of June 30, 2013, the outstanding balance due under the senior secured convertible promissory notes issued to DMRJ was $27,184,000, of which a $3,184,000 senior secured promissory is convertible into shares of our common stock at $0.08 per share, a $12,000,000 second senior convertible promissory note is convertible into shares of Series H Convertible Preferred Stock, which preferred stock is convertible into shares of our common stock at $1.09 per share and a $12,000,000 third senior secured promissory note is convertible into shares of Series I Convertible Preferred Stock, which preferred stock is convertible into shares of our common stock at $1.18 per share. DMRJ also holds 16,167 shares of our Series G Convertible Preferred Stock, which are convertible into 1,616,700 shares of our common stock.
Appears to be in line with what the three analysts had predicted:
Quarter EPS* Forecast High EPS* Forecast Low EPS* Forecast Number of Estimates
Sep 2013 0.06 0.07 0.06 3
OTC Markets Group @OTCMarkets 1m
We’ve worked with FINRA to resume trading. Market is now officially open. Connectivity fully restored.
OTC Markets Group @OTCMarkets 8m
Connectivity has been fully restored. Preparing to open OTC Link ATS this afternoon. Will confirm exact time we'll open ASAP.
We'll find out next week... NORCROSS, Ga.--(BUSINESS WIRE)-- Guided Therapeutics, Inc. (OTCBB: GTHP) (OTCQB: GTHP), developer of a rapid and painless testing platform that uses biophotonics for the early detection of disease, today announced that it is scheduled to report financial results for its third quarter ended September 30, 2013 on Thursday, November 14, 2013, after the market closes.
Guided Therapeutics will hold a conference call at 11:00 a.m. EST on Friday, November 15, 2013, to discuss its financial results and corporate developments.
Again, SCHILL ALERT! So who is responsible for the endless supply of shares available at $1.05 today? Maybe some entity that got them for .08? It's not manipulation, it's profit taking. And they have a lot more to convert/sell before they're done. Have a nice day.
Platinum is getting another board seat, do they push for a sale of the company now? A lot of activity today, again, in $3.00 Jan. '14 Calls.
I listened to the CC live, we have very different impressions. I was left with the impression that these people are in over their heads and they have a product that is a hard sell. And now Platinum gets another board seat. I have to wonder if Platinum will push for a sale of the company now. Who would want it and what its value is now...I have no idea. Like my grandfather used to say, "Everyone is entitled to their own opinion, no matter how wrong they may be." GL.
Just what the company needs, another PM board member! OMG, this management team is a trainwreck. That explanation of the Crede deal was pathetic. Just say it, "We (f)ucked up."
I'm on the CC... Previously they DE-emphasized CMS pass through C code, now Larson is using it as an excuse... Norgine BV is the Euro partner.
Easy to see why they did the toxic financing with Crede, and had two pumper SA articles put out there. Do you think Platinum knew sales were bad and they've been dumping shares? Can't say the handwriting wasn't on the wall with this one.
They're hitting a lot of other boards again yesterday and today with the same type of messages pumping GTHP as were spread before the warrant deal was announced. Hopefully another giveaway isn't in the works. The latest campaign is having little impact, GTHP traded a whopping 400 shares today.
Declined in latest report:
Date Short Interest % Change Avg. Daily Share Volume Days to Cover Split New Issue
Oct 15, 2013 457,325 -6.31 161,313 2.84 No No
Sept 30, 2013 488,128 15.92 172,537 2.83 No No
Sept 13, 2013 421,105 8.93 105,495 3.99 No No
Aug 30, 2013 386,576 -6.46 79,092 4.89 No No