You've been cheated BIG-TIME and you accept it? What a sorry human being and loser! Stand up on your hind legs and stop begging for a bone. You concede I'm 100% correct and then tell me I should stop going after the absolute failure Olcahowski. He's the reason this is a shadow of what it was and the continuing reason why it will never go anywhere as long as he has any involvement in it. You should be supporting all of us who are trying hard to make him accountable for what he has done.
You'd expect because it's true; not the jerkimer stuff you believe in. Do you cry when you see a puppy like Boehner does? But I bet you don't feel the least little bit bad when people are grossly cheated as they have been by buying this stock at much higher levels that the toilet bowl level it's at now. Why aren't you the least little mad at the great deceiver and Cayman Islands fund enabler? Stop believing in fairy tales you big baby and recognize that this company has to be sold. This management has ruined it and you should be all over them. You really are disgusting the way you just accept what has been done to you and continues to be done.
What a heart-warming story!. And it absolutely applies here. Let's see: Apple and Netflix each had been around for 35 years, They both had shown losses for 17 consecutive years and they were both led by CEOs who practiced deceit and were demonstrably incompetent.
absent the cash, EDAP is now a virtually worthless penny stock. It's very appropriate that Penny Stock Digest is the only one flailing this dead horse. They are paying you for your efforts here, aren't they?
And they wont be able to stay in business for the next few years because nobody else will take a private placement unless they are virtually given the company.
They had to have FDA approval and they didn't get it. And don't deceive yourself that they will. The FDA will now bestow "benign neglect" on EDAP for the next few years.
A very, very expensive device at that. You would recommend purchase of it to your board of directors? Not if you wanted to keep your job. Get it through your head. nobody's going to buy EDAP junk which is what the FDA has deemed it. And previously prospective purchasers wont care what any other group or person has said.
Sales will be paltry for this quarter. Shockingly so. Would you honestly buy a device knowing that that a highly influential panel of experts has said it is ineffective? That's what happened in case you haven't been able to figure that out yet.
You should be absolutely furious at this management, but you're not., are you? While you were buying on the basis of the hype that management, Wainwright and Northland were putting out, insider Sabby was selling you those shares it was handed for little more than 3 per share. But it's the "corrupt" panel of FDA surgeons who in a 9-0 vote said the stuff is ineffective as well as the "paid bashers" (as if there were any such thing!) that you are furious at, aren't you? These last two parties have all by themselves put this stock in the toilet and, gee, poor, wildly-overpaid management shouldn't have a whit's worth of blame.
Sales have likely dried up. That means layoffs. To protect his own paycheck for another couple of years until the bankruptcy filing, your CEO may have to lay off half of you pigeons. Think about that when you're posting stupid lies in his defense.
Easy to go to their site and check. Click "equity research" then the "stocks covered" PDF. It's near the bottom of page 3. Discounting cash the market is telling you the company is pathetic. Worth about 15 mill for their entire operation. The FDA, the world's supreme control agency had an expert advisory panel unanimously say the EDAP HIFU device is ineffective. Unanimously! That's as extreme a dis as you can receive.
"According to tipranks, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Swayampakula Ramakanth has a total average return of -13.8% and a 37.5% success rate. Ramakanth has a -41.0% average return when recommending EDAP, and is ranked #3129 out of 3265 analysts."
Who would touch anything this guy recommended? Of course he has to cover for Wainwright which abetted the sabby windfall. I hope the SEC jumps in here with both feet.
Let me repeat that: A buyout is the only thing that could salvage this mess.
And your opinion is the only one anyone here should heed since you are the only person to identify himself.