Calmare Therapeutics Inc (fka CTTC)

[Fair Play]

Funny to read your reply. VC's efforts are useless: CTI does a great job in destroying itself (and unfortunately some Italian shareholders that would know how to use their boots ).
In 2010 CTTC's shares were worth 3.5 dollars but since it is out of the AMEX they are worth peanuts to which one must add debts, lost lawsuits and new ones underway. However the company's flagships are by far its press releases and 510(k).

Calmare's distinctive feature and therefore its true market value is that it is not a TENS but CTI goes and ruins it all by asking FDA to market it as a TENS device. Boy are they smart.

Press release
CTI announces the signature of the Amendment and fowards it to SEC.
CTI adds 3 more Amendments, but two years and 3 CEOs later it still hasn't reached an agreement. But don't worry here comes Conrad Mir to fix it all by announcing:

- J.J did not have the legal power to sign the Amendment. However he soon realizes that there is a SEC file signed by the entire Board that gives J.J. the power to sign the Amendment, so Conrad announces that the Amendment was in fact not signed.

- CTI informs SEC that a US lawfirm started a legal action which is currently underway on the issue. Calmare's inventor pubblically confirms that CTI disseminated false information and that CTI has no whatsoever right on his invention.

If CTI continues to issue this type of press release VC and Marineo will soon see the end of this story.