I hear you...with these types of companies, there is no guarantee on anything, and I think I would have better chances going black or red on the roulette wheel, but then it would just come up green with my luck. Different area of focus for this company and pretty much unchartered I would think. Total #$%$ shoot.
No doubt a long time...your posts are reasonable and bring up valid points. There again, something to watch for any sign of long-term viability. Thanks for decent replies. Good luck to us all, everyone! Lol
Keep an eye on it for some of the reason you mention...see if the science is proven, if the technology is adopted, if revenue increases, if they penetrate foreign markets. Also, not showing any debt, have approx. 100 M in cash and will raise approx. 45M through offering. Not saying this company is going to make it, but not saying it is going to fail either. I am sure it is an expensive procedure, not something insurance would cover, and not sure how big the market is or the affordability. We shall see how it goes.
Wow, tough run...sorry to hear that, but it is the sector for sure. Hopefully it comes together and revenue picks up and the price rebounds. Good perspective.. I shall keep an eye on it. Hopefully it rebounds.
I was not familiar with this company until this morning. Not sure what to make doing an offering priced over 20% below the current share price. Seems strange to devalue (in a sense) the company as much as the offering reflects. Suggests not a lot of confidence in the business model perhaps? At the same time, maybe an entry point for a speculative buy.
There again, not knowing all the details of the financing default implications, but I am wondering if they can sell the company...who owns it to sell? Is it like someone who defaults on their mortgage and the bank moves forward with foreclosure? At a minimum, I would think they need to CRG's approval to sell?
This is pretty big I would think Over six more years of patent protection, and it seems to validate the strength of the patent. Teva is a strong organization, and this win should set the path going forward for future litigations.
You are funny. First, I have not posted out here in ages. Second, if you read any of my past posts from early Neoprobe days, you would realize I am anything but what out here is considered a basher. Not even sure what I posted that constitutes bashing? Lol You are not too bright, but quite funny.
Reread my post. I never used the term "should." I said "...WOULD have been on the call" as in had BL still been the CFO he "would" have covered the financial piece, and had RG still been the CEO he "would" have covered the general business. I did not use "should" as in BL and RG "should" have been forced to do the call even though they parted from the company.
Should: used to indicate what is probable. (As in "RG and BL should do the quarterly earnings call since they are the CEO and CFO, respectively.)
Would: Indicating the consequence of an imagined event or situation. (As in "RG and BL would have done the quarterly earnings call had they still been employed by the company.)
Lol..okay then! Not sure how to take that post. I guess my point was that I would have thought Rick G and Brent L would have been on the call rather than those who did it. Under what appears to be recent departures, those who reported out probably not thinking they were going to be on the call. Of course it is their responsibility..comes with the position.
Push the technology on social media? Like FB or Twit? Message Boards? Friends? lost me there. Unfortunately the "paid bashers" and shorts have been right because NAVB keeps giving them the support through ongoing and repeat poor financing deals and unstable and mostly ineffective leadership.
Lock down solid financing, establish and sustain a strong leadership team, and run a viable business, and the paid bashers and shorts will be made insignificant and obsolete.
By the way, how do I become a paid basher for any company??
Yes it has been. A lot of promise and the same story. Although, I was surprised revenue was as high as it was. It is like the definition of insanity (or stupidity)....keep doing things the same way and expecting a different outcome. Even if and when they put in new leadership and rework the finances, there is no reason to have confidence they will get it right again, and it will take a long time at that.
They need to do both of the above, jettison Cardinal, Launch in EU, show a profit operationally, and strike a deal or two, and most importantly not go back on any with new issues, adjustments, etc. So it will take a year to 18 months to regain trust and confidence.
While the words sound decent, not getting a feeling of a lot of confidence from those presenting. I would think they were thrown into speaking for the call and will be totally relieved when it is over. As usual, working through the financial challenges and getting the leadership team in place need to come to closure. If that ever happens, they should be in good shape. Also, it needs to be the last time for both aspects. A lot of uncertainty at best in the short term. Black or red on the roulette wheel...probably will come up green. Good luck..it is going to be needed.
Wow, didn't see it down after hours. What is your basis for saying 10 cents in two weeks? Why guessing bankruptcy? Was it the part of the quarterly report about operational breakeven that makes you say bankruptcy?
The report was better than I expected with all of the chaos that must be happening. If they can get a solid leadership team in place & fix the financial deals, they might be able to make it. Also, with establishment of the sales force, they really do not need to have Cardinal in the picture. Revenue for Cardinal is so insignificant, I would think they would be more than happy to jettison having to put resources to sell Lymph. NAVB needs to pull it back from them.
That said, it is the same old story for years with this company regarding the leadership team and financial arrangements, so I am cautiously optimistic at best. Not sure how many more times it is going to take for them to get it right, but they are surely running out of opportunities, time, money, etc
After years of declines, bad financial deals, and multiple leadership changes with declining results, it is time to sell this company to one that might be able to salvage the remains.
Thanks for the post clarifying certain situations. People say not so nice things out of anger at times and all too often because they feel they can, especially when hiding behind a computer screen. Never want to see anyone in poor health. Just shameful that this company appears to be in a complete shambles. All positions in a company this small, let alone high level leadership positions, are critical. Not sounding good at all.
Being short sighted, it was a disappointing day today; although, I guess one can say it is consistent with the "buy the rumor, sell the fact" trading approach one sees in stocks. Long-term still quite positive.