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Everyone should put your shares for sale at 5$ good for 60 days to luck them up from MM to play with them and good luck y'all
Disagree 100% with it's a real company with great product nothing happens overnight load and hold is the key here and good luck y'all the run for sure about to start could go .60 cent in one hour $$$$
Moneydreamer, I used to be in this stock and lost just a little bit but, I saw the light right before it tanked. GTHP just had a PR about refiling for the FDA and shares hardly responded to the news.
I hate to say this and even with great technology, shares are not going to go anywhere b/c of the promises the company has made in the past. GLTU in your investment
HCIT
All in today next week$$$$ can't wait
Thanks for the cheap selling loading zone very soon will be 3-5$
Same here loading zone no where to go but up it could fly to 2-4$ at no time with the right news a lot of people got in around 2$ two weeks ago
Any thoughts on where this is going? I got stung badly last year taking a punt on this. But have been keeping an eye recently as I've always had faith in the technology and feel it is a case of when not if that it starts climbing, maybe I'm wrong, it is a gamble but I'm jumping back in today :) GLTA
Any mention of FDA talks to piggy back this news and we soar!!
100% AGREE nothing really big about it just a bump will see
Well, they sign a deal with China, and it's up to 1.89 a 346% move from where it closed yesterday at .40 - OMG - will it hold or go back down. I expect back down for the terms aren't so hot IMO
Thats mean no so i am going to wait for????
I am new here is it 2 to 5 cents a good entry point here or it might go back where it was before the RS?
Zep, that's a big "IF" if you know what I mean. I sold out a long time ago and was thinking if it goes down to .02 again like it did a couple weeks ago, I may buy back in but it depends on their forward progress. GTHP has been very quiet and not really any news since Oct/Nov. so I don't know what they are up to.
Yes, they are cash strapped for sure and Red Diamond is just keeping them alive at this point but with those interest rates and default clauses, it doesn't look very good at all IMO - GLTU Zep
and nice to hear from you again -
HCIT
Red Diamond is a diversified, privately held, private equity company. It has been around a while. Yes, it can have a habit of trying to help "distressed" companies while saddling said companies with exorbitant debt and equity service. Unfortunately, when a company is as cash strapped as GTHPD is cash strapped, then few alternatives exist. I would give this venture, based on history, about a 20% chance for success and only if GTHPD is on the verge of cracking into some major foreign markets plus getting back with the FDA.
Has anyone seen this 8K Entry Into a Material Definitive Agreement with Red Diamond from GTHP yet? It sure doesn't look very good to me, and of course JMHO - It's too long to put here so here's the link - GLTA
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11758786
Pps still at $.0017 prior the reverse so all that volume sold right before reverse at
$.0007s MMs still making $$.
Once the current pps drops below $.50 then new buying should start.
No FDA for another year, and with little revenue to cover basic operating costs expect new financing and or sales to reach the AS in order to pay for bonuses and research for FDA.
They would be better off being overtaken by a pharmaceutics company overseas.
I mean I guess it is progress in the right direction. I would like to see some information about the progress in the US. I'm not sure really what is happening in the inner circle of this company. The share structure is also really hard to figure out. I can see what it was before the split; but then this new statement says 4.156 million. Well it was 425million before which should make it 500,000; not 4.1million. So I don't know what that is supposed to mean. Well lets hope that is just a mistake, that or they plan to dilute 8x the current shares. I don't know who would even be able to buy any shares at this point. We shall see; I'll hold onto my shares for now to see what happens in the months ahead.
So is this a good sign?
__________________________________________
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On November 10, 2016, the board of directors of Guided Therapeutics, Inc. (the “Company”) increased the size of the board from three members to four and appointed Richard P. Blumberg to fill the newly created vacancy.
Mr. Blumberg has been a long-time investor in the Company. Since 1978, Mr. Blumberg has been a Principal at Webster, Mrak & Blumberg, a medical-legal and class action labor litigation firm. He is also currently the Managing Member of Shenghuo Medical, LLC (“Shenghuo”), a company with licensing rights in several Asian countries for the Company’s LuViva Advanced Cervical Scan, and is the Managing Member of Elysian Medical, LLC, a company with world-wide rights for certain breast cancer detection technology. He served from 2004 to 2007 as Chief Executive Officer of Energy Logics, a wind power company that developed projects in Alberta, Canada and Montana. Mr. Blumberg holds a B.S. in Electrical Engineering and Computer Science from the University of Illinois and received a J. D. from Stanford University. He also brings extensive experience as a venture capitalist specializing in high-tech and life science companies.
As noted above, Mr. Blumberg serves as a Managing Member of Shenghuo. As previously disclosed in the Company current report on Form 8-K, filed June 8, 2016, on June 5, 2016, the Company entered into a license agreement with Shenghuo pursuant to which the Company granted Shenghuo an exclusive license to manufacture, sell and distribute the Company’s LuViva Advanced Cervical Cancer device and related disposables in Taiwan, Brunei Darussalam, Cambodia, Laos, Myanmar, Philippines, Singapore, Thailand, and Vietnam. Shenghuo has been the Company’s exclusive distributor in China, Macau and Hong Kong, and the license extends to manufacturing in those countries as well. Pursuant to the license agreement, Shenghuo had the option to have a designee appointed to the Company’s board of directors.
As partial consideration for, and as a condition to, the license, and to further align the strategic interests of the parties, the Company agreed to issue a convertible note to Shenghuo, in exchange for an aggregate cash investment of $200,000. The note will provide for a payment to Shenghuo of $240,000, due upon consummation of any capital raising transaction by the Company within 90 days and with net cash proceeds of at least $1.0 million. Absent such a transaction, the payment will increase to $300,000 and will be payable by December 31, 2016. The note will accrue interest at 20% per year on any unpaid amounts due after that date. The note will be convertible into shares of the Company’s common stock at a conversion price per share of $13.92, subject to customary anti-dilution adjustment. The note will be unsecured, and is expected to provide for customary events of default. The Company will also issue Shenghuo a five-year warrant exercisable immediately for 17,239 shares of common stock at an exercise price equal to the conversion price of the note, subject to customary anti-dilution adjustment.
The board has not yet determined on which board committees, if any, Mr. Blumberg will serve.
I've never seen volume dry up this much on a stock that has a price of 1.65 and such a low float. Guess we will be waiting awhile.
Q3 earnings coming next. Let see, if they surprise for good this time.
I am ok waiting for a bit to see what will happen here. I agree the PPS is scary for a penny stock, but the net worth of the company right now is about 400k which is at least 5x under what it should be. I just don't see how the stock can go down much more, who has shares to trade down and who wlll sell those shares to them? I mean I have no plan on selling my 5% of the company, and 99% of people own shares above my share price. Unless they have some public offering of shares that people buy and then immediately sell or they declare bankruptcy, which I doubt they will do at this point they would have done that years ago if that was their plan. GLTA go GRNH and GTHP!
I wouldn't go that far about Trumps future dealings with the SEC but you never know. I think after dilution that anything could happen. BK & bust or finally the FDA see's the light at the end of the tunnel unless big pharma pays off the FDA which is not out of the question being as powerful as they are.
HCIT
No telling how many more reverse are in store for this stock. As the SEC moves towards new leadership and possibly more deregulation then companies like this can do virtually anything they want and get away with it.
A third (3rd) R/S Yesterdaysnews74? I really don't think so but dilution should occur pretty soon as it hit 1.46 so far today down over 26%. They still do have good tech but is mgmt good enough to clear the path with the FDA? Who knows, only the nose knows - GLTU
HCIT
Still have a ways to go with the huge volume prior reverse, whereas people bought millions of shares @
$.0005 - $.0007 which is still making them money post reverse down to $.40 - $.56 after the game played and pre reverse pps run-up.
No matter what the L2s show there will be a continuous supply of shares above $.56
Take that to the bank!
Down it goes! Soon after the reverse we'll start seeing dilution.
Any prospects for a early year, yet another reverse?
Well were almost there sub 1$ very soon without dilution. Once dilution hits this will be back below 10¢ in no time.
Remember the company already has said that in order to raise funds needed for the R&D they will be issuing new shares to reach full max potential from the AS number after the reverse.
I think what happened is that the pps is too high for these penny traders no matter what the OS are
I agree volume was very weak today...idk what happened. I bought more myself the other day then this stock traded all day. Ya dilution now would be catastrophic to share value. I'm glad it held 2.00 though we will all have to wait and see. If it drops below 1.00 I'm buying like crazy again. GLTA
Well was about to pull the trigger but glad I didn't, so as we see couldn't hold 2$ guess we will wait and see if any new dilution is coming, if so maybe getting back in at the $.15
ONCI HAS BEGUN the PROCESS of REDUCING the O/S by 1.5 BILLION
Source: InvestorsHub NewsWire
ONCI Announces 1.5 Billion Reduction in Outstanding Shares
New York, New York--(InvestorsHub Newswire – November 14, 2016) – On4 Communications, Inc. (OTC Pink: (OTC :ONCI) - On4 Communications (OTC: ONCI) is proud to announce that CEO Steve Berman is in the process of initiating an immediate share retirement of his 1.5B restricted 144 shares.
On4 Communications, Inc. (OTC Pink: (OTC :ONCI) - CEO Steve Berman explains, “I am thrilled to announce the retirement of my 1.5B restricted 144 shares which were issued on July 31st, 2016. The immediate retirement of my restricted share position lowers ONCI’s O/S from 3,006,417,948 to 1,506,417,948 and this change in our Outstanding Shares will be reflected in our pending OTC Markets updates and filings. My goal is to cultivate and create all the conditions necessary for a rapid improvement in shareholder value for ONCI and its core holders.”
InvestorsHub Newswire – November 14, 2016
About On4 Communications (OTC :ONCI)
On4 is a holdings company with an aggressive focus of acquiring proven and profitable businesses. Our first project is focusing on businesses operating in the $1.7 trillion U.S. healthcare industry. Our newest targeted businesses are operating in the trillion dollar mobile App space. Our first acquisition in the mobile App space is FMS Marketing a global creator and distributor of mobile Apps for Android and Iphones.
Forward-Looking Statement
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov, to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Yes I like companies that are real and have something they are really trying to reach. Is it always the highest gainers no but they tend to also not be large losers. Now I only recently changed my opinion about gthp underevaluation but I have been watching them since 2008. It's been a hard couple years but revenue is growing and eventually I do think they will achieve fda approval. I was wrong about the fda meeting date I was mislead by an article that came out recently. I am buying this because I think it's extremely undervalued at current valuations. We will see what happens. Grnh is an extremely good position to take a lot of the pot market share if they can be successful in the coming months. And as long as the 7.5 million dollar deal goes through fully. GLTA GO GTHP AND GRNH!!
You need to get your facts straight. The Nov 30th meeting you referenced was Nov 30, 2015. They have no meeting scheduled with the FDA as of now. They do not have the money in hand to do the additional clinical trials requested by the FDA last year. Any FDA approval will occur in late 2017 or 2018 if at all. This was dealt with in past earnings conference calls. Wouldn't surprise me if they sell the US rights and concentrate on EU and third world countries and let someone else worry about FDA approval.
And...the time to buy is AFTER the secondary. The only way this company will receive money other than a secondary is if they sell the company outright to an investor...very doubtful at this time. I do know that there have been large investors hoping the company files for bankruptcy so they can buy the ASSETS out of bankruptcy and start clean. That still might happen.
with grnh I take it your a valuevestor?
I think it will very soon, next week or so. Volume increasing and float is just about 170k. Today we moved 1/3 of that. Plus all of this buying after the R/S and the bounce up from .80 is excellent wish I had bought there, but I didn't. I was chasing all day to buy more shares.
Needs to get to 17$ for a break even point for me, will reload to bring average down if it gets and stays above 5$
https://www.insiderfinancial.com/guided-therapeutics-inc-otcbbgthp-is-closing-in-on-a-major-upside-fda-catalyst/117779/
I can't find the exact article that gave the nov 30th meeting date, but that gives you the main gist of what is going on. Main thing is you would be crazy to sell right now. I wouldn't be surprised if they raise the capital outside of the stock market since they are so close. The debt is minimal 8million considering the potential upside of 100million plus in revenues possible with approval of this device. It also was backed by the NCI will millions of dollars in funding starting back in 2006; which to me means they have invested interest in this working long term. I am buying like crazy at these low levels. I remember when I paid 1.20 for 1000 shares and that was at a market cap of 100million. Now cap is under 1 million. GLTA GO GTHP and GRNH!
I'm here where did you see pending fda decision November 30th.
I guess everyone left this board since their was a ton of posting prior to the R/S and now nothing. Well the stock I think has handled the R/S quite well and now we should be able to move higher with 30% gains yesterday and being up 25% today. We shall see, the next month should be interesting for this stock. GO GTHP!
No worries ahab, was just letting u know. I did the same thing initially. I'm still rooting for gthpp
I think the end of this month may be interesting depending on what the fda review says on Nov 30th. I am happy as of now that I own 5% and I'm not giving up my shares for a little bit of time to see what happens.
You have my apologies 21Money, I had the incorrect symbol of GTHP where the R/S made it change to GTHPD. Sorry about that. a bit over 26000 shares traded
GLTU
HCIT
Only AFTER the secondary....and accompanying dilution. Will be interesting to see the final conversion terms on the preferred being issued. That will determine how low the stock goes after the secondary closes.
Good plan if it gets and stays over 2$, I'm back in
One more trick in the bag. Get ready for some financing and then dilution.
One more trick in the bag. Get ready for some financing and then dilution.
It's traded over 20k shares....
WOW! R/S and then not even a trade for nearly a day and a half. Shows a lot of confidence in GTHP. No one wants to buy even 1 share.
I wouldn't put it past GTHP management to put out a sales PR on another country about today or tomorrow or even by the end of the week.
I got laughed at last Wednesday when I said with all the volume of around 72 mil shares traded that day we would have an immediate R/S by Friday or Monday and it did in fact get announced late Friday!
Oh well!!!! I will wait to see if I get in down the road after more dilution for I think that the plan they announced to get rid of their debt was to clean the books so they have room to dilute again for more toxic debt so they can stay alive.
Dr. Frankenstein once said, " It's alive." For GTHP's sake and with good tech they have, I hope so and then I will reinvest once again IF that happens
GLTA
HCIT
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Guided Therapeutics, Inc.
Guided Therapeutics, Inc. has developed a platform technology for the early detection of disease that leads to cancer. Based on our patented biophotonic technology, the products use light to detect disease at the cellular level and provide painless and immediate results at the time of the examination.
Testing for cancer today usually involves a taking a tissue sample, like a biopsy, and sending it out to a specialist at a laboratory for results. Patients worry while waiting on test results and in many instances are given the wrong diagnosis – in most cases a false-positive result. A false positive diagnosis means the patient will undergo more testing only to discover later that they are healthy.
Our technology non-invasively scans the suspicious tissue with cool white light providing results, that studies have shown, can detect pre-cancer up to two years earlier than the tissue-sample method and with fewer false-positive results. This means less pain, no time waiting for results and fewer unnecessary treatments.
Our first non-invasive cancer detection product is the LuViva® Advanced Cervical Scan. LuViva is in use in Canada, Latin America, Europe, Asia and Africa and is under premarket application (PMA) review by the U.S. Food and Drug Administration.
LuViva is designed to determine the true likelihood of treatable cervical disease that may lead to cancer in women aged 16 years and over who have been screened for cervical cancer and have an abnormal result. About 80% or more women with an abnormal result at this point in the testing process will eventually be diagnosed as having a false positive result – but after having an unnecessary colposcopy and biopsy. A one-minute scan with LuViva can rule out about 40% of the false-positive cases immediately without the need for colposcopy and biopsy. LuViva has also been shown in clinical trials to identify disease up to two years earlier than colposcopy and biopsy.
LuViva has also shown promise as a potential screening tool in the developing world to be used where the Pap test or HPV test are not widely available. A clinical trial is underway to expand LuViva’s capabilities as a non-invasive cervical cancer screening product.
After breast cancer, cervical cancer is the second most common cancer affecting women’s health. It is a leading cause of cancer deaths in the developing world for women of childbearing age.
Incidence of Cervical Cancer Worldwide:
In the U.S.:
Screening and diagnosis are effective but costly in developed regions of the world. Common screening methods that lead to additional testing are positive for human papillomavirus (HPV) or an abnormal Pap test (cytology).
In developing regions, where screening methods are less commonly available, there is a different story.
“In sub-Saharan Africa, 34.8 new cases of cervical cancer are diagnosed per 100 000 women annually, and 22.5 per 100 000 women die from the disease. These figures compare with 6.6 and 2.5 per 100 000 women, respectively, in North America. The drastic differences can be explained by lack of access to effective screening and to services that facilitate early detection and treatment,” World Health Organization report.
Testing for cervical cancer today in the developed world involves taking a tissue sample – like a Pap test (cytology) for screening or a biopsy for diagnosis and sending the samples to a laboratory where they are read by a medical specialist. Results can take several days or weeks, delaying treatment and creating a time of uncertainty for the patient and her family.
In the developing world it’s a different story. Screening programs may be limited to a portion of the population in the larger cities with almost no screening is the rural areas.
LuViva can improve care in both situations.
In the Developed World:
Up to 80% or more of colposcopies and biopsies for for women who have abnormal Pap tests are found later to be normal or not necessary. If HPV is used for screening those rates could go up.
Unmet Clinical Need for LuViva: A non-invasive “triage” product to determine which patients that screen positive with Pap/HPV need a biopsy (true positives) and which don’t (normal or false positive).
In the Developing World:
Cervical cancer remains a leading cause of cancer death for women of childbearing age due to the lack of laboratory infrastructure.
Unmet Clinical Need for LuViva: A non-invasive “screening” product that provides an immediate result in countries with little Pap/HPV screening.
The platform technology that is LuViva can be applied to other forms or carcinoma. We’ve conducted human testing with the technology on patients at risk for esophageal cancer with promising results. While a great deal more testing and development work needs to be done on that product, we believe that there is a need for our technology in the esophageal market.
Other cancers, in addition to cervical and esophageal, where the technology can be applied:
Our business model is based on sales of a device, in this case the LuViva® Advanced Cervical Scan and a single-use, disposable patient interface called the Cervical Guide. The continuing revenue from the Cervical Guides provides value for our shareholders. The Cervical Guide provides calibration of the LuViva before each test and assures the patient of a cross-contamination free examination.
Read more about our value propositions.
The Guided Therapeutics LuViva® Advanced Cervical Scan is an investigational device and is limited by federal law to investigational use.
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