Nobody will acquire for another 2-3 years. MS, Amazon have their own cloud service. Only IBM or maybe some other companies (maybe foreign) who do IT services will acquire.
He works for OREX as a social media consultant for $1 per post.
Hope both of them will filled this week. Hope company release more good news back to back.
Don't worry they will be tossed out like tamp**ns once big pharmas find out they are of no use. That is when ETRM revenue gets some traction and stock rises rapidly.
Now we need somebody who can lead this company to the next level. I would recommend somebody who is very good salesman and has deep knowledge in obesity field/bariatric surgery field. I don't recommend someone like Knutcase from medical instruments. If you know the inside job of how the cure/therapy works, building an instrument is no big deal.
dctrig - Thanks for the correction. Agree about improving and innovating. But ETRM is need of money and focus on sales. They have the centers and surgeons lined up, need sales and lots of them.
At this stage, R&D can wait because they need to focus on sales. Once the money coming, they can start with new ways of improving. Right now R&D for ETRM is like asking a starving person to go buy new clothes.
I don' t think mgmt will sell the company at this stage after putting all this efforts. Partnership seems to be good idea.
I pondered what is the situation with ETRM. Reviewed all the facts and came up with the following.
1. FDA Approved
2. No debt.
3. Working product now generating revenues
4. State of the art techology with patent protection.
5. Have working capital for 1 yr.(apprx)
6. 55 centers and 77 surgeons
7. Stock is damn cheap
8. Ramp up revenues in 2016
9. Insurance qualificaton in the near term.
I cannot say any negative about management after my review. They have done what they could do so far. I believe even the botched financing caught them with surprise.
I am hoping for the best and looking things in positive perspective.