Great find...GSK is the leader in the space but with no intellectual property...Gladney is talking to them and others
You are correct....People I know who contacted the company about the procedure were given a survey I was told which among other things discussed cost of the device and procedure. You don't have to be a genius to see at the CMS stated price of $27,000 they will sell very few. But if you get a group of surgeons and out patient centers as your core and get the price under $10,000 you will get sales. Old management priced the whole thing at the level of barbaric..excuse me bariatric which gets reimbursed.
Insulin costs $10,000 a year. You get VBLOC in that neighborhood the insurance companies will sit at the table.
WE ARE STILL GETTING FATTER AND TYPE II DIABETES IS RAGING....
Another thing...how much was Crede promised by the Chinese if they got the tobacco and science over to the biggest market in the world. Terren Pizer is not to be trusted.....Crede was not XXII's friend. Ever
Hey moron..did you see the last financing? If they succeed there will be no dilution and they have until mid-2017 to get the act together..
Buffett is a cash flow freak.....but IBM...he did good on that POOS...Apple is a one trick pony that is now getting into the taxi business...I hear I Phoine 7's are going to give you hummers!
Crede is run by an ex Drexel Burnham fellow who I would not trust with much. Henry knew about this guy and the deal he brought was useless. He never lived up to his part of the agreement and it meant in reality that all the technology would be given to China and stolen. It was a terrible deal for XXII and Henry was not part of it. Typical of this Crede guy.
Send me some of the stuff you are smoking....Big tobacco wants us dead...they will never be allowed to buy us.
Imagine a company that could cut your sales by 30-40%. Once we get approval from the FDA the best trade will be to short big tobacco especially if they get a deal with a major collaborator. But us being bought by big tobacco??? You my friend are delusional.
I keep saying this management is awful but I get chastised. Bob et al are terrible and nothing they do on the financial end surprises me. Confounding???? A very gentile adverb..I have some better ones.
Happening right now with XXII. The SEC will do nothing about it and they allow crooks to post lies on websites.
All I can say is do not sell your shares as there is a major buyer out there and is not a friend.
Modern corporate analysis...What kind of drugs are you on? Management manipulating the stock lower? EU approval is in the price idiot, a turndown is not. Angling to be bought????
Find a ledge and jump off it.
And the #$%$ bag Peizer wanted a piece if there is one..But I am sure Henry does not trust the Chinese. Peizer must have a problem. He lost a pile of options and is going to lose the rest so his investment is going to be worthless. Who made the deal with that #$%$ in the first place?
They do not own enough stock thus the law suit hoping Henry makes a deal but Henry is too smart and has a lot going for us. Obvious to me Peizer and his pals are short the stock thus the high borrowing cost...but we need to get some news and one or two big friends. XXII is a game changing entity and it is not a near term event but the fact the company made no evidence of the suit says to me it is frivolous and at best a distraction.
I was in the stock before you were you were born. I am here for their nanotechnology. My cost is a joke. I just don;t know why people like you do not see how bad management can hurt a company. How do you explain the stock action when the news is so compelling.
The old compounds have been shopped to death. Where is the deal Mulroy promised three years ago? This is now a traded stock with tentative owners.
Why do you own the stock genius?