oh, and ya just can't believe Gene and any of his PRs or teleconferences,
he's a deluded dreamer, pumper in chief, or a liar or all of those.
Mingle we've been tryin' to 'splain to ya, the companies that financed gthp have millions
of shares and dump as much as possible as fast as possible, which is why I posted weeks ago that if there were no buyers of gthp stock the price couldn't fall, those fin. cos. would be trapped in the common they were given for buying preferred stock & convertible debt, plus their free warrants. Stock sinks on good news, that's a big sign if there ever were one.
It is not that longs who lost money are bitter and come to bash.
It is that we know so much about the current situation!
New people have not studied the extremely complicated filings related to financings, the warrants, the convertible debt, and that financiers have millions of shares to sell and they dump as much as fast as possible in an effort to make themselves whole.
The last loan, at 17%, has all patents and IP pledged to it, but the company is a skeleton crew with no capital to run the business.
That's why we have stated for many months that only a miracle can save the common stock now.
The company MAY survive and even thrive someday - IF it gets a ton of new, profitable, business AND a loan that won't crush them.
But the common stock has a 99% chance to go to zero in any restructuring. Senior debt holders can't even get whole UNLESS an angel investor comes in (near 0% chance) AND huge orders with upfront payments in part arrive soon.
The company needs money NOW and can't raise capital at under 2 cents a share, with 110M shares already there fully diluted.
But good luck, and remember MB posts do not affect the stock price so it matters not at all what anyone writes on any board.
C'MON figgy stop being a party spoiler, let the daytraders have some fun scalping a cent or maybe two. Let 'em pump away here to a dime, jobs are hard to get if over 35 yrs old and no skills. It's an unlisted nano-cap ready to die, let it gasp for air one more time.
Pretty sure I have a pair of shoes worth more than this company.
go back a few days here and read the messages by figgy who explained it,
ceo tells big stories to his pals but his promised good news never comes so volume explodes at times. Even if china, india, do sign....the debt they pay is many times larger than revenues and there are 110M shares out fully diluted. India may test a machine or 2, China may pay a tiny bit upfront then try to get it approved and then sell it there, long road of hope and chagrin.
130% on a stock under a nickel doesn't mean anything, esp. after it sank 99%+.
Huh? I've never spoken with Gene, I posted his email in which he wrote he expected non-approval from fda, that is still there at IV. Attack and blame me if it makes you feel better, but it's wiser to own up to one's mistakes as I do and have. The rest of that email indicated he expected a path to approval back then. Good luck to you, Wolfdoogy.
Klingon, the selling prices can be deduced from the financials, CG were sold to Turkey for
$6.77 and Luviva for about $14k, nearly breakeven, while CG acq. cost is around $2.80. CG are sold at various prices depending on order size. Co. made some gm Q1 because many CG were shipped. Look at inventory details in 10q and a/r.
Personal attacks don't add value here. I read today's 8k from navb and it does look quite ominous. The lender that sued navb may be able to go after alternate financing as well. Still, I think the stock will recover nicely once this smoke clears. navb can get financing to pay off the lender, and with more friendly covenants as well.
I sent people to iv cause it's a good mb with links at top and in msg bodies, to get good info. What anyone does with the info is on them. Yahoo mb really stink. I read every filing, and listened to every teleconference to get info but still lost on gthp stock.
I'm always honest, sometimes wrong, no guarantees ever in stocks, but navb should at least double from here, in time. I bought some. What have you ever been correct about?
Oh right, nothing.
I know this one very well, have some patience, it will do great from today's 86 cents.
Bad news is priced in, heavy short interest, rest of year will be much better imo.
Why don't you be honest, Lilith? Your opinions of me mean less than nothing.
I've been honest the entire time here.
How much did you lose on gthp?
I admitted my mistakes with candor.
Hey F., I'll follow this story til I die. Hologix? I just hope whoever tries Luviva next has good mgmt and a strong balance sheet. I always look at balance sheet b4 I touch any stock - my mistake was believing big numbers revenues would have arrived well before now. When they did the ugly financing in the .40s I should have got and stayed out but I guess I lost my discipline.
Curious where Gene ends up too, probably on some golf course - groundskeepers are always in demand.
Lilith probably lost all her money in gthp too, why she's bitter and has been bashing it so long.
I didn't start buying any in size til .10 presplit and even then not much. Made a few k trading it, helped a little, haven't been able to trade it even, for a long time, it just goes straight down.
Maybe we can make it back via the co. that ends up with the patents.
they're selling low because they got the shares for free and
they know the common stock is going to zero. Same with the warrants.
but my huge Q is who the heck is buying all the shares?
I've been asking that for months and I can't deduce any valid answer.
Sure the buyers can pay in advance and help finance but they have not.
The awful financings killed the company.
The Turks bought large they know they can get the cervical guides
I believe the Luviva device will survive, but will have new owners -
the only thing that can save the common stock is huge new orders.
The IP will be owned by the lender in a default and they'll quickly sell it
to a diagnostics company, most likely, but hey I can't predict the future
I can only hypothesize from facts given in filings.
Preferred stock is much like a loan, more debt than stock,
and they got sweet deals for buying it.
The higher the risk the higher the rate and the worse the terms of a loan for the debtor co.
Geno didn't understand the repricing when he signed the deal, he said so,
and laments what he did. He'll lose a mil of his own money, most likely.
The financings are complex.
a cpa, seanoise, and I both calculated a few months ago that fully diluted outstanding shares is over 400m, with 1b authorized, pre-split.
Post-split, still 1b authorized.
% Change from Prev
Avg Daily Vol
Days to Cover
03/31/2016 GUIDED THERAPEUTICS INC Common GTHP OTCBB 7,709 12,326 -4,617 -37.46 115,096 1