Chump change today will be large in the future. It shows that he is willing to spend $30k on the future. Wonder why?
Saw a news piece about the operation showing the monitors saying that the oxidation levels began sinking into crisis. Hmmm, outpatient surgery and oxidation levels - new market?
Finally a sign that at least the CEO believes in the stock and its being undervalued.
Reading a new book, start with why. Management needs to read it tonight. In the meantime, the big boys will steal their advantage. Margins are reflective of demand. I suppose I will give up on what will be a gold mine for someone/company.
Needs to become a Harvard management case study. The one or two analysts ask the same question every quarter and management is like deer in the headlights. Sad really.
With the first and only oximeter with the accuracy shown and the stock sells at a buck and a half, either the statement of cutting edge technology is bogus or management is lost and inept. Obviously Mr. Patton is small minded and without a vision or he just collecting a paycheck. "We don't give guidance=we don't care about investors (or their holdings value). Is the strategy, "we don't want anyone to know we exist?"
Go figure. Had high hopes on this one. Oh well.
Well tell me their competition has the same accuracy of the Elite technology? Am I giving them too much credit for cutting edge technology?
Usually I would agree on priorities but if believe you have high quality technology and your website has two and three year old stuff on it, I as a potential customer and/or investor would not be impressed. Hire a high school student part time to keep the website current. There other ways to spread the word. The fact sheet that tell their story is buried where no one can find it.
Seems to have a state of the art technology that saves lives and brains, but look at the website, the pr or lack thereof, all look out of date and no one knows who they are. No social media and the sales/marketing is one on one. No information to other decision-makers like patients, lawyers, administrators. 30 placements a month or 1 per day is just scratching the surface of the number of clinics, surgerical centers, and othe doctors that perform surgery. Wonder what management and marketing does all day?
What specifically gives you optimism that the future will be more productive and generate increased revenue toward profitability? So many sales reps and very limited revenue seems to be an overwhelming drain on cash. Finally, it sounds like this new CEO is following the plan developed by the previous leadership?
Thanks in advance