InvestorsHub Logo
Followers 3
Posts 1421
Boards Moderated 0
Alias Born 02/09/2011

Re: Jay Arr post# 26945

Sunday, 12/04/2016 7:21:14 PM

Sunday, December 04, 2016 7:21:14 PM

Post# of 35337
It's characteristic for most developmental companies to incur losses as they proceed from idea to prototype to product to market. Besides many expensed costs in tech companies really have future value, so current accounting rules often understate the true value of the intangible assets a company may possess. There are many companies that bleed losses as they develop, and yet they receive high valuation in the market. For CRGS, I believe there are 2 depressing components at work here -- a scurrilous long term naked short and the long lead time to success that has tested investor patience and attention.

And who said there are only two remaining products? Cura & the pump are what management is solely focused on right now (& that may be more than enough), but they do possess a much larger patent portfolio.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.