go along , speculate yes, down no , have seen to many good/disruptive/innovative ideas mismanaged into oblivion. . All the CC's from last year [ 2014] addressed the signings YOU QOUTE , not by specific name, thats the point I'm/was making.
The future for the business is bright as said in the movie " The Aviator ' " its the wave of the future " . Like I've stated my concern is managements ability to capitalize on its current market position , I submit that my position as well as the markets current pricing [ extremely undervalued cap ] as evidence that something is amiss [ why does it remain extremely undervalued ?]. It's my hope that management picks up the que for all stockholders involved.
I think that is all last years news as I stated. I am making / addressing what I believe to be important investing points. Regarding DD that is the point of my posts, sorry if I struck a raw nerve, just trying to pass along what I see and learning from feedback and other points of view.
Time and money are both important and irreplaceable to an investor hence I take both seriously. I would like to see QFOR succeed and prosper.
Health , happiness and prosperity
a definition of insanity is doing the same thing over and over again and expecting a different outcome. The cc is the same CC from quarter to quarter. Where is the new business, the recurring revenue, the new contracts , marketing , etc. that was discussed a year ago, I know , in the same pipeline as it was then. Clean , rinse , spin , recycle.
I believe my response , time frame and actions are correct considering the current devaluation and acceptance we have experienced over the last year or two. Time is no longer an ally of QFOR.
If the recurring revenue projections from current clients is correct a acquiring company can pick it up for pennies on the dollar at current PPS.
What do you think is an approprate time frame for results?
Yes and have been a stockholder/speculator for awhile. Averaged down and have gotten base to mid .20's. Gave management a pass a few quarters ago when they admitted accounting problems because I like the business and space. Very unhappy with management actions or lack of over the last 3 quarters. A muligan has an expiration date. Has the audit taken all of employees time and energy?If so how well run is firm? Beginning to remind me of the saying " they could $#%^&&*up a wet dream".
Will give another quarter or two but no more $$$ and will thin on bumps if management doesn't come around.
With insiders controlling over 31% and institutions and mutual funds less than 9% of float , revenues growing and managements apparent disdain for shareholders it seems that they are setting up to buyout the company on the cheap. If they are not careful they might find an aggressive, well managed company taking them over and blowing the current management team out. You can only stay under the radar for so long. It's far easier buying out contracts/business then creating from scratch. The current team seems competent on the technical side of their business but wanting on the financial/public side not a good thing for stockholders. I thought that with the audit in the rear view mirror for a quarter or two that things would have changed , beginning to rethink that position.
thx , thats all I found also , guess pres.weekend was my questimate, The question now is how far can they go with current funding? The commercialization burn rate is a big question to me. It appears they have funding in place for a couple/few quarters so we need to see a fast ramp to revenues. Will they/can they use debt or will the dilute and when is a big question as is production of device.
from the technical side I see and understand. I tend to be more of a fundamentalist and am/ was looking from that side. Any thoughts on CGIX as a business ? I feel the patents and tests have strong revenue potential.
With current volume and pricing that's evident , my question is why ? Volume is extremely high for such a modest float , taking into consideration the almost doubling of float in the past weeks and the current warrant overhang.
after listening to last CC . That some analyst would have picked up on QFOR . No article , comment , etc. anywhere that I have found. Very strange . Any one hear or see anything positive or negative in the financial world regarding QFOR since the CC ?
thx , that is/was pretty much my take. Frost not just absorbing it into OPKO prior to the merger is very odd since it had revenues with additional u.s. revenue potential in 2016. Instead chose to use revenues to fund current merged pipeline , perhaps sum of parts is greater than whole when looking for current/future funding opportunities. Agree , Patience is operative phrase.
remember they were in bankruptcy court , I think they got more than they thought and just want to get it behind them. I do not recall any restrictions other than normal closing ones. I would be surprised if court allowed any.
I'm beginning to sense the end of the volume selling created by the stock portion of the rdgx asset purchase and the accompanied tax loss/shorting season. The current down draft should begin to stabilize and pps should start to rise soon. Nobody should be surprised that the custodians sold the stock portion to raise cash. The equity offering proved MM want involvement in CGIX and the sale by the custodians afforded all a great way to purchase stock on the cheap. IMO
HOSED ? Correct me if I'm wrong but wasn't RGDX purchased from/in the bankruptcy courts ? I'm not sure regarding restrictions but I do not recall any and think that is what is effecting the current stock price.
consider it a christmas gift , prime angus selling at choice prices , a 50-75% off sale. whatever. Anything can happen but the future looks bright, time to put on the shades is fast approaching, fundamentally , technically and realistically. I remember somebody once saying the market can stay irrational longer than most investors can stay long. GL