lots of message board activity today. I wanted to thank everyone for all the discussion. All voices lend good points and Its good to hear still positive to drown my negative. Thanks again.
Also, Civil posted ARMY budget due next week. So whats predictions? Do you all think 15M will be alotted for the IWTD? Thoughts? I dont think we will see 15M in there, maybe 4M.
T&C's = Terms and Conditions, its a part of contract negotiations. Normally the last step before execution of agreement.
Good point. So you think Davita already decided to roll this out, they just going through T&C's?
Civil, why didnt Nephros ever just open their own clinic?
It would not have taken alot of funds to procure and install 5-10 units in a city like Austin, TX or San Diego, CA, or some other city thats heavy into medical innovation. To this day, this has baffled me, why didnt Nephros sign an agreement with a University hospital to offer HDF??? Get the results out in the air and then sell it to the big boys?
I mean there is 5 ways from Sunday they could have rolled this out...but didnt?
No, simply relating the 3PPS to the shares at the time and why it went to 3 so easily. Ya, Davita does a deal with nephros to pay them for using HDF, then ya, it could hit 3, depends on magnitude of the deal. 5 clinics might hit 1.25-1.50, 1000 clinics, thats a diff story.
Im sorry Civil, im just losing hope. Ive seen so many negatives and so many disappointments, that its hard to have any hope whatsoever. Not being in control ones investment, and getting nothing from this management as far as Info or strategy is heartbreaking. We trade at 70 cents a share. Theres nothing I can do. Im so exhausted and tired of waiting, waiting for 6 years. The technology is there, why isnt it selling? I dont know.
Gimmie $1 and end the misery and im gone. They fired CEO guys, not good no matter how you slice and dice it. Now Mieyal, runs the show, as a part-time at best CEO. he has a real job at Wexford, his CEO duties consist of him showing up to a couple meetings a year. Houghton was a full-time employee, so now what?????
What contract did houghton blow to pieces to cause his immediate firing? Did he botch Davita?
What if Rosenberg was simply averaging down because he knew a 75 cent buy-out was coming and wanted to bring his average below that price? He had 206k shares prior to his joining the board, are we really to believe he got all those 206,000 shares on the open market at less than $1.00 pricing? No way.
If 10-K shows 200k in revenue in Q4, and then Q1 shows 250k in revenue from sales, its over fellas. For this company to have a future, they MUST sell 350-450k in Q4 and 500k Q1. Its that simple, they blow 2M a yr in overhead, and sell 1.0-1.2M in product, they MUST MUST MUST break-even on sales.
DOD is corrupt bro, same as EPA, DOE, the entire gov. " I really don't know why they would have to start the RFP process over again..." Yes you do Mike, its called corruption. Big money got involved, Cascade whatever, got the deal cancelled, suspended, pushed back, who knows, but thats my guess. Its no surprise the lifeline that the Army was about to toss nephros was abruptly cancelled, is it? Come on. Big money was hoping nephros would fade away and their would only be 1 player left, cascade. I wonder how far off this analysis truly is? My sotry, im sticking to it. Maybe Davita thinks nephros is near BK and waiting to pick up mid-HDF is fire sale??? Maybe Fresnius thinks the same, bidding war for patents and FDA approval at pennies on the dollar??? Not one single dollar sold through GSA advantage? Coincidence? NOT 1 FILTER?!?!?!
Except Wexford, and specifically Mieyal, hired Houghton. Look lets get real here. Nothing has changed since 2009, and for F_schwark, it appears nothing has changed since he got in in 1999. Bring up 5-yr chart. Total price collapse. This company has 3 or 4 or 10 whatever FDA approved products, "first-of-a-kind" etc etc but can get the sales going. Wexford is also guilty as they hamstrung the living daylights outta this company, 1.5M loan here, 1.5M loan there, thats nothing. They need to do a 5-10M RO and get their product into the open. Why cant i buy the Hydraguard on their website? What about amazon? Its disappointment after disappointment. year after year. 2013 was the year everything looked bright, and then a nuclear explosion happened, the recall, over some really stupid labeling fiasco!!! Really? What happened to King and Spalding the high priced laywers, didnt they review the labeling prior to market release and say hey fellas, might wanna protect yourselves here!
Somebody prove me wrong! Give me hope, HELP ME!
Your logic is sound and makes perfect sense, but im just going off history. "Best Filter"...."First of a Kind"...."Only P248 approved...." The list goes on....and on....and on....for Nephros. World class products.....not selling. I dont know what to tell you. Ive just lost hope. Army issued a RFI way back in what 2011? Its just heart break after heart break. If you can cheer me up, please try, I need some hope restored.
Only way they discuss the trial is if somebody on this MB is able to get in the CC and ask it specifically. And even then I doubt they say anything. Remember the Davita PR issued in Dec, it had about 100 projects on it, nothing about Nephros. Steve, we are on the back burner with Davita, and im guessing the CEO hasnt even heard about it. We're at 70 cents.....should explain everything. Im going back to being very pessimistic about nephros. My optimism is gone.