...not ONLY is CTTC now NINETY DAYS past the "grace period" for filing its 1st quarter 10-Q and has STILL NOT even bothered to file a NT-10Q -- BUT they will be LATE for the 2nd quarter as well if they don't get it filed by the end of today!
They have the choice of paying in shares or keeping the shares and paying cash.
Probably about the same but at least you'd have something to laugh at!
"Placebo testing is normal."??? Yeah, but it doesn't exactly help marketing to show that afrezza isn't all that much better than doing NOTHING at all, now, does it?
Strange! I tried to include the whole results section but for some reason yahoo keeps clipping it off! In any case, all it shows is that afrezza works better than doing NOTHING at all. But not by MUCH!
New research on afrezza:
These clowns compare afrezza with technosphere particles containing NOTHING and just GUESS what they found! Awww...go ahead! You can do it!
Here you go:
"TI significantly reduced HbA1c by −0.8% (−9.0 mmol/mol) from a baseline of 8.3% (66.8 mmol/mol) compared with TP −0.4% (−4.6 mmol/mol) (treatment difference −0.4% [95% CI −0.57, −0.23]; P
Brother, that is an UNDERSTATEMENT! I cringe every time they offer up some "improvement"! Even more annoying is that apparently they pay no attention to user feedback since EVERYONE I know gripes about the changes! I think the ONLY thing they're interested in is how to cram a few more ads onto the available page space.
You're "guessing"? Read it again: "had chosen two treatment areas." Is tylenol a "treatment area" No, it's not. All Hakan is doing, as usual, is offering up his "all things bright and beautiful" in the FUTURE BS. And I do wish someone would get him to buy a better toupee! Looks like he has a dead squirrel glued to his scalp!
Yes, indeedy, PRNewswire is suing for $13,100 owed them for press release services PLUS $15,000 for damages, attorney fees, etc!
Gosh! It's like a CTTC lawsuit PARTY! Maybe someone should go get a keg!
By the way, CTTC is now SEVENTY FIVE DAYS past the "grace period" for filing its 10-Q and has NOT even bothered to file a NT-10Q.
...disowned by inventor and no longer authorized distributor of calmares
...lost right to North American distribution of its ONLY product after inventor signs new agreement with Radiant Healthcare
...contract with Marineo expires in less than 8 MONTHS
...sued by its manufacturer for NON-PAYMENT
...sued by former manager responsible for government sales for NON-PAYMENT
...court order to pay Trinet HR about $40,000
...owes, at this point, probably close to 3 MILLION dollars to COB
...burdened with debt which is accumulating with an 18% interest rate
...entire calmare inventory bound by lien in GEOMC 's possession
...all other assets bound by lien in COB's possession
...unlikely able to sell ANYTHING secondary to liens and ongoing lawsuits
...SEVENTY TWO DAYS past the "grace period" for filing its 10-Q and has NOT even bothered to file a NT-10Q
...at risk for immediate delisting and even de-registration
...run by a CEO who is DEAD (or at least BRAIN dead!)
...faces a "MOTION to Compel Disclosure and for Sanctions and Expenses for Defendant's Failure to Comply with a Court Order and it's Discovery Obligations"
...its attorney has just "withdrawn" from the GEOMC lawsuit right in the MIDDLE of it
...its first customer, Dr. D'Amato, throws in towel, closes calmare office and sets up "Cash Only Pain Clinic" in his old office
...facing motion to compel payment of additional attorney fees because of CTTC's refusal to cooperate in discovery
...under court order to provide exact information on number of machines in inventory, number of machines in disrepair, and CTTC's plans for their disposal
"...description of how it will work?"??? Oh, come on! Haven't YOU ever had a massage? They're very relaxing, don't you know!
"ORDER. As stated on the discovery conference held by the Court on 07/01/15, the Court orders defendant CTI to provide plaintiff GEOMC answers to the following questions and any responsive documents by close of business today (07/01/15): (1) how many devices sold by GEOMC to CTI does CTI have in its inventory as of 06/30/15; (2) of the devices identified in #1, does CTI claim that any of these devices are "defective" and, if so, how many and specifically which ones; (3) for all of the devices identified as defective in response to #2, identify the nature and scope of these defects; and (4) of the devices identified as defective in response to #2, identify any and all plans to sell or otherwise dispose of these devices. Signed by Judge Victor A. Bolden on 07/01/2015"
Looks like the judge is finally holding CTTC's "feet" to the fire in order to get them to comply with discovery!
Anyone care to speculate on which comes first -- chapter 11 or Conrad wearing an orange jump suit and shackles? There are some other documents justifying the fees; I'll try to post them later.
...a federal court toilet thanks to Conrad(aka "MORON") attempting to stonewall discovery:
"THIS MATTER having come before the Court by the Court’s Ruling on Motion to Compel dated June 15, 2015 (the “June 15” Order”) [Doc. No. 77] which ordered that Plaintiff GEOMC Co., Ltd. (“GEOMC”) could recover its reasonable expenses, including attorneys’ fees, incurred in moving to compel Defendant Calmare Therapeutics Inc. (“CTI”) to supplement its answers to GEOMC’s Second Set of Interrogatories (the “Interrogatories”); and the Court having considered the Declaration of Oliver Haker dated June 25, 2015 and the Declaration of Lawrence Grossman dated June 25, 2015 with exhibits attached thereto in support of the award of attorneys’ fees, costs, and expenses incurred in connection with moving to compel CTI to supplement its answers to the Interrogatories; and upon all prior papers, pleadings and proceedings in this action, including the telephonic status conferences held on April 21, 2015, May 7, 2015, May 15, 2015, and June 15, 2015; WHEREAS based on all the foregoing this Court grants the relief set forth below; IT IS on this ___day of ___, 2015; Case 3:14-cv-01222-VAB Document 84 ORDERED that Defendant CTI shall pay GEOMC’s reasonable expenses, including attorneys’ fees, incurred in moving to compel Defendant CTI to supplement its answers in thesum of $7,217.50 payable to Cohen & Gresser LLP, and $1,035.00 payable to Hurwitz, Sagarin, Slossberg & Knuff, LLC on or before ___, 2015, as set forth in detail in the Declaration of Oliver Haker dated June 25, 2015 and the Declaration of Lawrence Grossman dated June 25, 2015 with exhibits attached thereto in support of the award of attorneys’ fees, costs, and expenses incurred in connection with moving to compel CTI to supplement its answers to the Interrogatories; and IT IS FURTHER ORDERED that any failure by Defendant CTI to make the payments set forth above by ___ 2015 shall be deemed an act or omissions in contempt..."
...and a whopping two thousand in receivables!
Hey! I say try ebay and offer free delivery! Of course, since GEOMC has a lien on all the inventory now, I guess it's too late!