I got the same trash in the mail today. It's too bad this isn't illegal and some ignorant folks or unsuspecting seniors will probably get duped by this.
You hit the nail on the head. I admit I never heard of this company until I brought in the mail today and had a 15 page brochure from some shrill by the name of Don McShane. Never heard of him but appears to be a penny stock pumper doing mass mailings to pump this stock. If I understand what it is, it is intended to move money from your account to another's account, i.e. from your checking account. This will fail as miserably as the system being developed by Walmart, CVS and the other retailers who turned off Apple Pay in their attempt to bypass VISA, Amex, MC and their fees. AS you said, they don't understand that most people, like you and I, will never use their system. I get either cash back or miles on my credit cards so would never consider using a debit card or something that takes money out of my checking account when I get nothing in return. The only people who will use this or the system being developed by the consortium of retailers are the deadbeats who currently pay cash or write checks when they buy things because they can't get a credit card, have no available credit or don't trust themselves to pay the credit card bill when it comes in at the end of the month.
Slides are on the website. I did not see anything new so unless there was additional color, probably the same presentation we have seen before.
Don't think Lake Street changed their target. it has been $12 and don't think they have issued a note in 2 weeks
mania/candy and daniel, there is a difference between a typo and a spelling mistake. Still waiting to hear about any criminal activities. Never been any.
Oh clueless danlel. I guess we should take the word of someone who can't spell? Do you really think government investigations in this space are unusual? Ever hear of J&J? Subpoena in 2005, settled for $85 million. St Jude Medical subpoena in 2005, settled for $16 million. Boston Scientific subpoena in 2005, settled for $22 million. Stryker subpoena in 2005, settled for 0. Subpoena in 2010, settled for $80 million. Zimmer subpoena in 2005, settled for $170 million. Medtronic subpoena in 2005, settled for $75 million, subpoena on another issue in 2005, settled for $24 million, subpoena in 2008, settled for 0. MDXG subpoena in 2014. Settlement in my opinion will be 0. Bogus info provided to HHS by a competitor. Even if they were found to do something wrong in sales, fine correlates to size of company. Might be $4 million. Big freaking deal. Oh, the insider trading case was dropped because Petit did nothing wrong. He passed one like detector test with an expert the government uses. Govt finally realized they were barking up the wrong tree. You know, when you have game changing technology, there are sinister people out there who will go to great lengths to try to stop it.
daniel, stick to golfing and leave your investing to mutual funds. First, MDXG is a company not a product bidbrain. And, it is not a wound covering company. Scam? You with Orgo? You know there is a lawsuit pending and yahoo will be receiving subpoenas for identities of posters guilty of libel right? I have passed your "name" along to the company. Scam? Yeah, they "scammed" hospitals and doctors out of $118 million in 2014 and will do $200 million plus in 2015. They pulled the wool right over the eyes of Medtronic and Zimmer, two of the giants in healthcare who are now using their products. Amazing how these giants can be "scammed" into believing that the products really work. Better check the numbers, EpiFix is superior to Grafix though Grafix is much better than Orgo's old product that SHire pawned on them. EpiFix is better, cheaper and easier to use than Grafix which is why doctors who have used both are going with EpiFix.
yappy, oh clueless dog. 100% revenue growth is slow? What planet do you live on? Will do at least 70% revenue growth in 2015 and the company is profitable. As for market share, MDXG is the leader in the space and will remain the leader. OSIR will likely take market share from Orgo as MDXG is, which apparently is so depserate facing its declining market share it will stoop to making up claims against competitors. In any event, you ought to at a minimum understand the company in which you are invested. You should know that OSIR plays in markets MDXG does not so OSIR has some growth from business MDXG does not play in, and vice versa. Trust me, in the area in which the two companies compete, MDXG is not losing market share, it is taking it, Chow. Or, should I say, ruff ruff!
rebecca you ignorant #$%$. The company has already addressed the timeframe. The trial is not starting from phase 1. The FDA is allowing MDXG to jump to 2B, I believe because they have already presented years of dates and tens of thousands of applications proving the product works and is safe along...
Let me clarify one error in my post. I said the law if the statutes and regulations. Meant to say the law is the statutes. Regulations are not laws, they are rules written by agencies which are intended to interpret and enforce statutes.
rebecca you ignorant sl__t. Let me give you a brief education in the law. The FDA has NOT issued any ruling. It has issued guidance.
"This guidance represents the Food and Drug Administration's (FDA's) current thinking on this topic. It does not create or confer any rights for or on any person and does not operate to bind FDA or the public. You can use an alternative approach if the approach satisfies the requirements of the applicable statutes and regulations. If you want to discuss an alternative approach, contact the FDA staff responsible for implementing this guidance. If you cannot identify the appropriate FDA staff, call the appropriate number listed on the title page of this guidance."
Let me explain. Simply because something is the FDA's "current thinking" does not mean it is not subject to challenge. Notice the language above "does not bind", "you can use an alternative approach?. The law is the statutes and regulations. A governmen agency's interpretation of statutes is not law. I am a tax attorney. The IRS issues Revenue Rulings, chief counsel advice memorandums which are overturned all the time. They are simply the Service's view or interpretation which are often wrong. Interpretation of statutes or their "thinking" is NOT law. Even IRS regulations which are drafted by Treasury can be and are overturned by courts if the drafted regulations are inconsistent with the statute and Congressional intent. You really should educate yourself before you make dumb comments.
Correct norgenheimer, I have never come across a better contra indicator than candy. He is always, but always wrong and that is a proven fact. Remember his posts when the stock was 5 and he was shorting it to 3 based on advice he got..but of course ti didn't go down but went up to 11. He's such a pathetic character, almost deserving of our pity. Almost.
I don't believe in coincidences generally. It has been a week I think since we have seen candy or Cezz here. is that a coincidence or did the new CEO at Orgo shut themdown? With the stock activity its very odd for candy not to be here saying "sell, sell, sell".