Kingsalt, why don't you join IV, so much better there, posts don't get lost and deleted, plus a lot more features, links, images, etc. We can chat there.
Who can guess what this deal will be, need money to get rid of Tonaquint loan at 18%.
Might be just a bridge loan then go for more later this year.
Marv, Turkey will pay some of it upfront to help finance building devices which begin shipping in Oct., 2015. Co. will get a bridge loan to carry them thru til they can finance operations from sales.
Big order from Kenya is expected someday, part of it should come this month or early July, per CEO Gene in the teleconference.
Sales should exceed $3m 2015 guidance, many buyers have completed evaluations now, waiting on red tape from govts., Ministries of Health.
China/Hong Kong in the pipe now, too, with approval in H. K. less than a year, China about a year, for medical devices.
Listen to the teleconference or read the transcript at seekingalfa. Gene was grilled by an analyst about it. Join IV and post there, I can put links and other media, not here.
Hi, Green, why not just join at investor village? These threads drive me batty, can't tell who replies to whom, posts missing, some get deleted, too buggy. The presentations at co. site don't stay there forever but it's still a good source of info. I've studied this one thoroughly since early 2013 and I have a decent memory. The telec. transcripts are now at seekingalpha incl. Q & A. Right now I sense a ton of bearishness, given up hope, and waiting for the bridge financing before stepping in. One day, one step, at a time -- this huge order changed my mind somewhat about this company and its stock. Let's see what they do next, Kenya order is due soon. So many customer evaluations, many purchase orders can hit in a short time and really push the stock higher and make many aware of it. OTC stocks don't get news highlighted at SA, in their great news stream.
Some of my navb pals are at IV gthp, we had a wild ride, I did a ton of trading over the years, they post there about gthp.
per FDA protocols, and presented detailed results of 55 patients in London in March, 2014, 100% efficacy. In attendance were reps from 37 colposcopy societies. I think that is as at least as good as Mass General. In some nations Luviva was compared to the gold standard biopsy and Luviva has never been rejected in any customer evaulations, per a teleconference answer. I don't know exactly why FDA didn't approve it but Gene answered all the questions in the related call. I didn't jot them down. Yahoo threads are buggy, hate 'em, let's use investor village, far superior coding, no censors. Links, images, vids, etc.
cyto, I referred to the foreign buyers who are no dummies. Not many stupid people become Doctors and run clinical evaluations on new tech., nor run MoH.
I'm ok. They have a meeting with FDA to discuss the decision in about 5-6 weeks. Gene said he's confident if they can have a conversation it will get approved which I infer means he believes there is a minor misunderstanding of the data and how to interpret it. FDA wants more patients trialed and there is existing data from the London presentation plus the ongoing primary screening trial being conducted mostly in Peru and in Norcross, GA. There is also retrospective data which FDA has approved in other cases such as sulfur colloid for intraoperative lymphatic mapping. FDA approval will help its image but until it's approved for primary screening here it won't help profits much. 41 nations have approved it with China, H.K. coming soon, enormous!
They're no dummies. All have done their own evaluations. The new clinic in Canada didn't do its own evaluation, it just began using Luviva immediately on patients, going by the existing information. 10+ yrs. of work is about to finally pay off, mejor tarde que nunca, if I'm right about this stock it's sad to see many bailing out near all time lows right before a major turn. Stocks do this sort of thing repeatedly, it's common, to go to extreme lows and highs over time.
Who cares about FDA and the small, triage market in the U. S.? Only 5-10% of screened patients would be candidates for Luviva. Guided is pursuing the national markets that have the highest potential for cervical guide usage because that's the profit center. Give this one time, they have a solid foot in the door in China/Hong Kong and rest of Asia will follow. Many years of hard work and frustrations is about to pay off in a large way, this one can easily make 10 times your money by end of 2016. Think forward, do the math, I've studied this one thoroughly, incl. competition, best I am able. They've come this far, no way they'll let it go under. Patents, Luviva, are worth more than today's market cap, fully diluted.
Don't miss the monster turn, Lili, this could be the comeback of dreams, the tech works, the market is there and willing. Past is not prologue.
Marvtabak, the Turks will likely pay cash to Guided upfront for part of its huge order. Co. didn't disclose dollar terms but it's over $2M, and 2015 guidance is $3M, so they should beat that. Market cap is tiny, so financing won't hurt too much and is already factored into stock price (discounted). Think beyond next week and you'll be bullish as I am. The patents alone are worth at least $25M, and the co. has options. Luviva is a valuable asset worth more cash than the company's current market cap. OTC stock, top secret company, few Americans have ever heard of it and its technology. Gene took over less than 18 months ago, all that hard work is beginning to bear fruit, it took longer than expected but the prize is near now. Buy the dips.
Just setting the record straight. Go there to MNGA board, Admin (owner) posted a message on MNGA board about it, appears he saw the high guest count on that board. Also for the record, I have zero affiliation with that company, I simply like its MB the best and I've tried all of them. I've been active there for over 7 years.
Who is this tango.sasirb person? How could yer pay .22 and wait multiple times for FDA? oh no matter, nuttin' matters, too bizarro for me skull, this whole charade.
'cause I had many good hard laughs this eve reading all the posts since 4 pm. "cistern" to the call tomorrow....turn out the lights;;;POS, pap yer moldy _ _ _ _, it beats cryin', trust me, just ask the star of "the crying game", didn't need to get tested at all...oh my my, someone should write a book about this company, tragic comedy, Billy S. would be proud
I'm still learning about this co., they hope to make mg2 from liquid waste w/o explosions, not from sewage, but from used oils and used antifreeze. The hog farm test project is to use manure and sterilize it, which they have achieved, and use it for irrigation/fertilizer. I just read the teleconference transcript of 5-13-15. Sales have been minimal, barely any mag2 was sold to date, but CEO thinks it can cash flow break even by end of 2015 on this one product, not for the entire company. I posted the link to it at IV mb. For the electric utes they can mfg it on site they believe, cheaply, see transcript for more info.
I even posted the relevant paragraphs for all to read at investor village mnga board. Hopefully they can make mg2 from liquid waste safely, currently it is made from virgin antifreeze and used veggie oil, very high cost.