Rodney the board is quiet because nobody has anything to say. All of us on board have lost big dollars and realize this money is gone. Cytori is damaged goods. There is no good reason that if the tech is all that we thought that after 14 year's there is nothing happening and that all promises remain broken. We have been played. Hard to admit but better off to do so.
Hedge of all people you can not be seriously asking that question. If you are being sarcastic that does not come a cross. If you are satisfied with the state of affairs at Cytori then all your posts have been a crock
So Cytori has cut expenses and restructured a loan. They are also loosing another board member. Is this really something to get excited about. How about taking that laser focus and doing something that will increase this POS ,PPS like actually accomplishing something that will generate some revenue. Oxford has been raping Cytori for years and now they have done it again. If Cytoi is in business 10 years from now Oxford has up to then to exercise warrants at .68. At least somebody will make money on this other then the shorts.Just pitiful
Okyanos is in the Bahamas quite frankly Cytori is not gaining enough recognition as of yet, nor does marc hedrick speak much about them , look at minutes from last CC and I doubt there was even a mention. We don't know what they may be generating from purchase of consumables but can't be much. Hopefully results will be positive as they are doing many types of procedures. Growing like crazy is a bit of over exhuberance.
Munger, why don't you listen to what marc said and then you will have your answer. Cytori will place the machines and the consumables and they will sell the end product. The end product will the be reimbursed by insurance and the FDA has the control over the use of the cells as the software contained in Cellution 2 machine tracks all of this. The machines will also be used for other treatments as approvals are granted. the idea is for the FDA to eliminate usage that is going on by all kinds of doctors for unauthorized treatments. Again this was worked out between FDA and Cytori. In addition the govt does not have to outlaw cash unless they actually need cells to treat burns in the case of BARDA ,however, the machines ould be used lets say for an approved treatment for Sceloderma if that is approved, cardiac if approved, hamstring etc. if approved. outside of the US is a different store and razor razor blade model will work as it does at Okyanos for instance. Don't be obstinate just listen to the call from year end 2014 and you will understand.
I don't doubt Mungers smarts, you guys jusr not willing to listen to what your own CEO has told you about Cytori's business model. This is not my model it is his so listen read on your own and do your own DD. This was discussed in detail months ago and is not new news. In addition it is not your place to tell me what to think or how to express myself. Just put me on ignore and you no longer have to deal with either. Now go ask Fas to explain it to you, he will. or grow up and do your own DD. Like your nose the info is in front of your face. It is also not a negative thing that the govt will not be buying machines, but will be buying the finished product as well as it is not a bad thing if the FDA chooses to finally enforce rules governing use of stem cells. Once you clear the war out of your ears you may even grasp the concept. Now go on a buy some more shares, Marc surely has instilled the confidence in you that know is a wise time to do so and perhaps your buddy Munger who surely does not need you to defend his thoughts might as well too. GLTY and put your ignore feature to good use. I sure have on this MB.
MC your e mail is not relevant as you are under a false assumption and are not understanding of the facts. Go back and listen to the call before the last one where Marc specifically answers the question and addresses the change in marketing strategy due to guidance from the FDA.
Just listen to the conference call before this last one and you can become a bit more familiar with the company you are invested in.
All the information you need is available, this is not new news.
MC, clearly you are out of the loop. The razor,razor blade model is dead. The FDA has directed and the government has informed Cytori,that they are not going to purchase machines or disposables. They will buy the finished product the stem cells. Cytori will be responsible for the placement and costs of the machines. Outside the US machines can be purchased and used for treatments but in the US the FDA wants to control specific use of cells and the soft wear in the machines can track patient and application of stem cells. The bigger problem is that the machine is delayed again and Hedrik has absolutely no idea when it will be completed as he just skipped over this in the conference call hoping that nobody would notice. Of course this has been the strategy for years hoping that shareholders would not hold management accountable for companies failures and we have not. Only class action suit will allow management and BOD to be deposed under oath
and then we can get to the truth. Unfortunately a class action will not recoup and of the millions of dollars that shareholders have been bilked out of . Cytori has been the private piggy bank of management for 15 years ,they will continue to draw salaries, perks, options etc, until the golden goose is dead, The goose is very ill