Yeah, okay. Funny how the P&D newsletters started when they hired IRTH. Funny how similar tactics have been used by other IRTH clients. All just a coincidence, I guess.
punta, jennifer, gthp10bagger, et al: You've turned on GTHP? I'm shocked.
"He blew up the Company and shareholders in raising a small amount of cash." Yes, he did, apparently with the blessing of the BOD. And he compounded it by hiring a fleabag IR firm whose best idea has been to throw away thousands on sketchy penny stock newsletters. I'm sure that tactic really enhanced the company's image in the FDA's eyes.
The stock has lost 30% in the last week. The only thing keeping me in this train wreck at this point is Imhoff throwing more money at it recently. Though I have to wonder how savvy an investor he is as he's further under water than I am.
I don't know what Gene might have to say on the conference call. I'm guessing his remarks will be brief. For now I'm just hoping he doesn't say anything stupid that might accelerate the downdraft this is in. Yeah, I dream big.
Big Eddie! Yes, everyone has been jazzed for Kenya for a year now. But what happens if they announce a Kenya deal that has similar terms to Turkey where they appear to be losing money on every unit sold and initial shipments of disposables are minimal? My guess? More dilution followed by an RS. Unless, of course, hell freezes over and FDA grants them fast-track status...Imhoff goes all-in and ponies up millions more...China licensee overpays... I give all of that about a 2% chance of happening. Good luck.
Trying to build momentum with a rehash of old news, that's the sad reality here now. Companies that don't destroy their stock by getting involved with toxic financiers and pump and dump PR firms don't need to issue fluff releases going into a meeting like this. It's pathetic and Gene Cartwright should be embarrassed.
At this point I'm just hoping the carnival barkers at IRTH can sufficiently pump this around the FDA meeting to get it back to maybe .08, assuming Aquarius is done dumping its latest 40-million shares by then. Throw in any Kenya news and maybe it gets to .10, at which point I would exit the little I have left and not look back.
I've seen some pathetic pumps, but this gets the blue ribbon.
OMG, another "promotion" from their pump and dump PR firm complete with inaccurate share counts. What is wrong with these people? Where is the BOD?
$GTHP – Guided Therapeutics, Inc., promotional campaign starting Oct 15, 2015 @ 3:29 PM CST
October 15, 2015 Stock Promotion Tracking Tags: GTHP, GTHP Penny Stock, GTHP Promo, GTHP Stock Promotion, GTHP Stock Quote, Guided Therapeutics Inc., Guided Therapeutics Inc. Penny Stock, Guided Therapeutics Inc. Promo, Guided Therapeutics Inc. Stock Quote, Penny Stock Millionaire
Start time: 3:29 PM
Start date: October 15, 2015
Company: Guided Therapeutics, Inc.
Stock promoter: "Penny Stock Millionaire"
Stock promoter rank: 105 out of 117
Promoter score: -11.5
Campaign ID: 28407
Guided Therapeutics, Inc.
Year of incorporation: 1992
Market capitalization: $4,643,755
(as of October 14, 2015)
Business description: Electromedical equipment
Floating shares: 64,382,286
(as of April 2, 2015)
Outsanding shares: 113,539,242 (as of July 31, 2015)
Authorized shares: 195,000,000 (as of April 2, 2015)
Probably the worst toxic financing implosion of share price I've seen. Well, at least they painted it back above .04 after that massive 10 minutes of selling just now. I'm starting to think this can go to the .02's before they meet with the FDA.
Worth noting the shares outstanding are over 140 million now. From the 13G/A this week:
"The percentage used above is calculated based on 143,629,234 shares outstanding on September 30, 2015."
"The Kenya contract will bring the company to break-even" Too early to make that statement. It will be interesting to see the terms of the Kenya contract after the steep discount Turkey received. They can't afford to continue to sell units as cheaply as they did to Turkey.
1,000,000,000 shares... reverse stock split, in a ratio to be determined by the Company’s board of directors ranging from 1-for-10 to 1-for-100... future financings...
Great work, Gene. You've destroyed the stock.
"The recent pull-back in the share price was unanticipated" Really? You're shocked the toxic financier you got involved with is selling? You compounded the problem by hiring a pump-and-dump PR firm.
DEAR BOD: FIRE THIS STIFF.