agree,only upside past .10 and that is stretching would be if edwards life science comes to the rescue as a partner or another large company but if i was edward's i would buyout plc at .10 and make clear so plc had to accept unless plc lender gives in to lend more money………….never made sense hind site that plc made this agreement w/the lender to begin w/sounds fishy imo. and w/the small loan amount's u would think plc would have only made the deal if the amount was much greater at 1st to see plc thru and beyond fda trial's
this whole scenario smell's fishy
plcsf debt holder is basically getting renal guard for free and the money that was lended paid for renal guard fda trial's and to pay plc board members up there salary's and other cost………………….like to know if any of plc board members knew the lean holder of plc debt………………..i hope the security exchange commission check this all out and to see what they think
in that sec filing,plc board members unanimously agree that plc share holders to vote yes to everything but also said the board members may have a conflict of interest with shareholders which may not be in the best interest of current plc shareholder's.imo. and i think once plc changes it's name shareholders can no longer sue a company that does not exist especially if i voted yes to everything plc imo. would just say i agree w/the name change and voted yes to everything,i am holding out for a possible class action suit or a turn around that plc abandoned this proxy vote and the lien holders of plc debt decide to lend plc more money…………..imo. plc should have not reassume fda trial's until they found a company to be partner of plc fda renal guard trials and pay for the fda trial and become 50% owner of plc or put plc up for sale or find a lender w/better term's imo. plc did not try very hard for any of these things instead did what was in the best interest of the board member's and plc lein holder and imo. plc board members are incompetent to be board member's at best,this is what i allege……………..viveve has had general clearance from the fda for there product for several years now so it can't be generating anything great in term's of rev's or profits imo.
because then plc no longer exist's
way to go ceo,year's of selling plc laser and then selling a good product like renal guard to just take it away from shareholders in neglachence loan at best……………………alway's said how much plc laser was but in the end said it was not effected……………..enjoy
well if edwards life science concurs with plc ceo that the potential of $500 million in rev's once approved "renal guard" from the fda i would think edward's would at least pay .10 a share or even maybe .15 or .20 or from approximately from $12.5 to $25 million
edwards did hold there 5 million shares
imo. ceo board members are only concern about themselves and fat pay check's,they got paid in access because there paycheck's have exceeded what they produced,they should of never had the structure debt to begin with,they should of at the very least made the financier's 50/50 partner's and the financier's pay for the renal guard fda trial's even if it meant renal guard abroad approved shut down til fda trial's was completed and that the financier's pay til rev's in America kicked in w/the option at anytime for them to just walk a way,the board members of plc are at least moron's unworthy to run a company and guilty of neglacents at the least to out right #$%$'s
make's no sense that the financier's just don't buy plc for .10 a share or to just buy renal guard patent's and business for .10 they would need to buy 30 million shares and that would equal $3 million
plc name change ? well then you can't have a law suit against a company that does not exist any longer and a name change would mean plc does not exist any longer
not saying it is so or not but one should ponder plc board member or board members was and is to close to plc finanaciar's and even one board member excused himself from the lenders deal,think it's possible that plc board member's was calculating this whole scenario fiasco from the the start to see how renal guard fared then stalled recent quarter report of renal guard kit sales to next quarter or next,just to steal renal guard from shareholders ? after all plc sold 2 or 3 console's last quarter report and there are plenty of console's out there.they need to replenish kits for these existing consoles but imo. plc deferred it to next quarter or next just for this sharade………………plc board members never of have been paid more than 50k a year from what they produced in revenues and if they did only receive 50k per year and less to board member's plc would have more money but instead it's imo. it's in the pocket's of plc board member's…………….plc ceo dis say say he was a car sale person and use this skill as ceo and imo. he made money and sold lemons to us small shareholders……………………king leapold of belgium lived as a king and when he died of natural causes all he said was the horror's of it all,the unking imo. was reflecting on what he did to others to become king,for one he cut the hands of slaves who did not produce enough in africa in harvesting from the rubber tree plant's,the horrors of it all imo. was what he did to others imo. plc shareholders are being cut off from a good product………….
don't think he care's,he's collected big pay checks and returned nothing to shareholders……………he will keep getting paid…………and i would not be surprised everyone involved in plc accept for shareholders and imo. i think one can allege it's possible this whole financing deal was all created by insiders and financier's to basically tale renal guard from shareholders for $6 million dollars for what the ceo said has a potential of $500 million dollars,renal guard will succeed imo. but shareholders will receive nothing for renal guard promising future…………….imo. SEC investigation should be encourage by Us
ceo said he was a car sales thing,he used this skilled he said,i was just before knowing this but he then said he was,also a board me member excused himself when refinancing ? why was it his friend's.they don't even say what the new shares would be worth ? if you ask me plc ceo is a #$%$,he kept hyping plc heart laser and then plc said is was found not to be effected,they should be sued for all there salaries and then somebecause imo. they stole renal guard from share holders,rich takers always justify them self's but in the end they will pay more than they stole imo.
plc showed last quarter less restocking of kit's which will fluctuate along w/console sale's quarter to quarter,stand's to reason cash burn will improve this 1st quarter and kit and console sale's will improve,restocking !!!!!!! best quarter is coming for renal guard this 1st quarter,small profit ? $100k ? or more is due able
i based my prediction that plc will have fluctuated quarter's,last quarter showed that stocking order's for kit's showed but imo. this 1st quarter report will show restocking,also plc is showing it is burning less cash and let's hope console sale's are up and that would be butter on the bread but bread is good enough