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Thanks
Appreciate the through response.
Just another Form 4. Insider acquiring more shares -- direct purchase to fund the company and get more warrants, and a conversion of debt into stock.
So --
* good, in that insiders continue to fund the company without a return to toxic lenders.
* indifferent, in that it's only $15k new money now.
* indifferent, in that an 8-K about SMI paying money would have been better. (Tongue in cheek)
on a different note: OTC tickers like GTHP aren't directly falling because of the tariff crash, but they are indirectly getting hurt because shareholders are selling bits and pieces of all their holdings, presumably to pay for margin calls in their fund/ETF accounts. Examples: in GTHP, somebody put a large block up for sale at .08, and in RDGL, somebody put up a large block at 10-11 cents. It's not because something is wrong with GTHP or RDGL -- it's because something is REALLY wrong elsewhere.
Personally, I don't use margin and I'm not old enough to have RMD's, so this tariff crash isn't affecting me. It's a buying opportunity, if anything.
I'm half expecting to hear from Jojo again. He was a big buyer last year at .09. I guess he doesn't want to bash when the PPS is .09 or lower.
GTHP
Filing out today.
Good, bad, or indifferent???
10-K out. As of 12/31/2024 they had $849,000 in deferred revenue, some of which must be SMI and some of which must be that order they sold in Q4 but didn't book by EOY (because there's not much revenue booked in 2024).
SMI is up to their old tricks, which should surprise NOBODY. SMI has paid $855,144 so far total, but they missed their payments again in 2024, forcing yet ANOTHER update to the AMI Agreement (see pages F-29 and F-30):
To meet demand for the remainder of 2024 and for the first half of 2025, SMI agreed to purchase a minimum of 500,000 RFID chips, at prices ranging between $1.00 and $1.40 per chip. To meet demand for the second half of 2025, SMI agreed to purchase an additional 100 IPs and 1,000,000 RFID chips, at prices ranging between $1.00 and $1.40 per chip. SMI agreed to pay a minimum of $400,000 to the Company prior to December 31, 2024, to cover additional components, devices and costs incurred by the Company. On January 3, 2025, after confirming with SMI that no payment was forthcoming, the Company notified SMI in writing that the failure to make this payment constituted a breach of the October 21, 2024 Agreement. A second non-monetary breach also was identified in the Company’s correspondence to SMI. SMI informed the Company that it intended to cure the monetary breach and the Company agreed to negotiate a partial settlement by April 1, 2025.
If by April 30, 2025, SMI fails to achieve commercialization of LuViva in China, SMI shall no longer have any rights to manufacture, distribute or sell LuViva.
On January 6, 2025, SMI informed us that NMPA found the application complete and was commencing their review.
We held a follow up teleconference with FDA on January 28, 2020 and filed a pre-submission document to the Agency on February 17, 2020 that summarized the clinical protocol to be submitted for FDA review. In the second quarter of 2021, we reached basic agreement with the FDA on a study protocol that would require approximately 400 women to be tested. During 2022, FDA asked for a few additional clarifications which we resolved, allowing for the study to begin in 2023. To date, approximately 320 patients have been enrolled and tested.
My US Trials timeline prediction looks correct.
They updated the clinicaltrials.gov site today. Estimated completion of trial: July 31, 2025. Since the protocol states that the outcome measures happen "up to 60 days after completion of enrollment," that means they expect to complete enrollment in May 2025. I expect them to say "over 300 enrolled" in the annual report.
The company probably won't know about the Chinese NMPA decision when they file the 10-K.... too soon, IMO, unless there were issues.
.
There's no reverse split on the horizon. The O/S is only 66 million and they won't be uplisting to NASDAQ any time soon and the death spiral financing is long gone, so there's no reason whatsoever to do a R/S.
Here's what's on the horizon:
* Finish US clinical trials.
* Submit a PMA addendum to the FDA.
* NMPA (Chinese FDA) decision.
10-K due at the end of the month. They sold a little product in Q4 but probably not enough to matter (we'll see how much). We'll also see if SMI paid any money -- unlikely, IMO, but if the NMPA approves the device, Guided can find a way to kick SMI to the curb and capitalize -- SMI has served their purpose. Even if the NMPA doesn't approve, that Chinese clinical trial makes the PMA addendum as close to a slam dunk as you can get with the FDA.
Officers (insiders) own 25% of the O/S. Auctus and GPB Holdings own another 25%. That leaves only 33 million in the hands of investors like us. Nothing is guaranteed, but if/when this thing runs, that low float could make it run pretty hard. I like the odds.
GTHP
....from 50 cents to a dime over the past few years. It looks like, yet, another reverse split is on the horizon .......even with so little stock remaining.
Timeline musings.......
I think they will reach the US 400-patient goal in Q2.
The last count was 255 patients at the end of Q3. They were moving along at about 50 patients a quarter. They did about 80 between Q1 and Q2 last year but it really looks like about 50 per quarter. I expect them to say "over 300" in the annual report.
Chinese NMPA approval timeline: about six months if no problems. They submitted in Oct 2024.
The annual financial statement in four weeks will be interesting because we'll see if they got any money from SMI in Q4. I still don't think SMI has any money to GIVE, but there would be no point of completing the clinical trials in China and submitting to the NMPA if they didn't have some sort of a plan. Wouldn't an SMI payment be a nice surprise. Won't matter much in terms of PPS, IMO, because this ticker is still under the radar and will stay there until the FDA play later in 2025, but without SMI money they'll probably have to dilute again before the EOY.
't
Welcome to iHub!
myjo and myjog are the same person. He or she used those two aliases to create fake conversations about GTHP, against iHub rules. That kind of attempted manipulation is a criminal act.
Also, that person instigated the cyber bullying and cyber harassing between us. Yes, I took up the gauntlet, and I will again if someone tries bullying and harassing me.
Like, for example, if myjo/myjog comes back with a new alias and picks up where he or she left off.
Would you like to talk about GTHP instead of criticizing me with your very first post? Share your DD with us!
The next financial statement will be a 10-K, not a 10-Q. The last couple of 10-Q's and the recent Form 4's explain pretty well "what's happening here." Also, the clinical trial page on clinicaltrials.gov -- that hasn't been updated for year, so it's due.
What’s happening here?
When’s management publishing latest 10-Q?
GetSeriousOK, you want to take side of management then it’s ok. However stop cyber bullying & cyber harassing of management’s critics. You don’t have any rights to do that.
I hope myjo or myjog, whosoever he or she is, he or she is okay.
Thanks for that update - I appreciate it. I'll try to stay on my traxone for the drunkeness an my Bacardi for Myjob.
Welcome back!
Here's what you missed:
To everyone's surprise, SMI got a 400-patient multi-location clinical trial in China COMPLETED and submitted an application to the Chinese FDA. SMI is now supposed to pay Guided $$$ millions but we all know SMI has no money so...... whatever. Still great news IMO because Guided can use include that Chinese clinical trial when they submit to the US FDA which I think will happen in 2025, although.... read next bullet.
Guided finally started their US clinical trials while you were gone, and that might be ending.... well who knows. The last time they updated progress in October, they said "over half [of 400] enrolled," which means over 200, which means.... mid 2025? Here's the clinicaltrials.gov website that I check every now and then to see if the paint has dried. It predicted the trials would end in December 2024 but we all knew that wasn't going to happen. Trials rarely end as scheduled, especially when it's 400 participants.
https://clinicaltrials.gov/study/NCT04915495?tab=results
And they sold some devices and disposables to Indonesia in December, so the financials will have something other than crickets to report at the end of March, even if SMI still hasn't paid them those pie-in-the-sky $$$ millions.
Lots of Form 4's in the past two years. The top three insiders own a lot of stock.
Finally, our resident basher is still at work, although he hasn't been seen since flaming out pretty hard in mid December 2024 . Not sure why he abruptly stopped, but rest assured, he'll be back.
Cheers!
So I was drunk for 2 years. Big deal.
Is this thing still on? I've been wondering why my light bill has been so high for 2 years.
Look up the definition of HYPERBOLE. It's a useful tool when used sparingly, but when you use it in almost every sentence, it's farce.
Your post here is word salad that makes no logical sense. You're demanding that Guided does something that cannot be done.
The problem is, you're making libelous statements. I think Guided Management is going to sue you for libel in 2025, and if they do, it's a slam-dunk case. The only question is whether or not they think you're worth the effort. I guess we'll find out soon. Meanwhile, enjoy the rest of 2024!
I thought you said using words like NEVER is hyperbole? Who’s hyperbole & hypocrite now?
Don’t worry about my health. I’m well capable of taking care of my own health. And if you are so much worried about my health then have a call with full-of-shit GTHP management & ask them to ensure SMI pays them in full by December-end ‘24.
If a deadbeat defaults on a loan, how is that the bank's fault? You are right if the deadbeat defaults on a loan that’s not bank’s fault but then wise & intelligent & clever banks never give an another loan again to the deadbeat defaulter. Whereas here SMI defaulted not only once but many times & yet the non-performing, no-capability, lazy management keeps on giving them chances after chances & partnering with a defaulter & non-trustworthy partner. That’s fraudulent behavior. They say fool me once shame on you but fool me twice shame on me. SMI made a complete fool out of GTHP management not only once but many times. What are GTHP management’s vested interests in keep on partnering with a payment defaulted & non-trustworthy entity? Did SMI pay bribes to GTHP management? Due to their non-performance, no-capability & laziness stockholders suffered 99% losses.
They say where there’s a will there’s a way. If lazy GTHP management would have at least tried to find another trustworthy & paying partner then may be they would have found one. But it appears that the lazy management never tried that search option.
If GTHP management can’t find a way to ensure SMI pays 1.34ML$ by year end ‘24, then they are not worthy of their jobs. To find a way is their job & if they can’t do that then they don’t deserve their jobs. Why they need a common stockholder to inform them how to do their jobs & a way about how to make their partner pay? Don’t they know how to do their jobs? If hey know then they must find a way to ensure SMI pays them in full by December-end ‘24.
For the last time don’t bother to reply to my any posts on any forum ever again anywhere.
Guided could NEVER have found anyone else to do all that work for free. SMI was a godsend, regardless of whether they pay Guided any money or not.
57,000 shares is not a selloff.
When I say that you're full of shit, notice that I'm not calling you an idiot or "intellectually challenged" or dim-witted or stupid. It's just an observation that your hyperbole-laden posts are lies and that anyone who uses two aliases to create a fake conversation and/or buys the stock while bashing is full of shit.
You are getting very angry and I'm worried about your health. Please go pet a dog or give a dollar to a homeless person and try to let that anger go. Celebrate life. You shouldn't care that I see through you. You still managed to buy a fair amount of this stock under a dime in the past year, didn't you? So congratulations!
For an intellectually challenged individual like you no wonder I’ve to repeat myself. So here we go again. I don’t get angry ever & I certainly don’t get angry at idiots, stupids & dim-witted. I pity their intelligence (if they have any). Next time before you call me names like full of shit, take a look in the mirror & may be a realization of a “light bulb” moment.
If you are so bullish on the stock why do t you buy at ask price? You don’t buy because you are full of shit & a paid pumper.
When the 1st time SMI didn’t obey their contractual payment obligations, at that time itself GTHP management should have started to search for another paying, trustworthy partner. However lazy & no-capacity GTHP management didn’t do that. Now SMI fully know that GTHP is stuck with them & SMI is exploiting the undue disadvantage of GTHP’s situation to their fullest to their own selfish advantage.
I suspect that SMI has already informed GTHP about that they can’t pay 1.34ML$ by this year end & somehow that insider information was leaked to the market today & hence the sell off today.
Stockholders lost 99% of value in stock solely because of non-performing, no-capability, lazy management.
I own a lot of GTHP stock. Probably not as much as YOU, considering how you've been steadily buying while bashing, but I own a lot.
GTHP management owns a lot of GTHP stock too.
Please explain why is SMI's inability to pay the fault of GTHP management? If a deadbeat defaults on a loan, how is that the bank's fault?
How do you propose GTHP management "[ensures] SMI pays them 1.34ML$ in full by December 31st 2024?" Travel to China and threaten to break their thumbs?
Do you think Shenghuo would have ever completed a 400-patient clinical trial in China and submitted an application to the NMPA?
Do you think GTHP management could have found anyone ELSE to do all that for free?
How can you expect anyone to not think you're full of shit when you're so full of shit?
LOL I'm sorry, it's wrong for me to pick on you like this. It's making you angry and that's not in the Holiday Spirit. I'm interfering with your bashing and buying, aren't I? I'll stop. Happy Holidays!
If you are so bullish on the stock & company, where are your buys? Put your money where your mouth is.
We shall soon see if GTHP management has what it takes to ensure SMI pays them 1.34ML$ in full by December 31st 2024.
Do you deny using two aliases to create a fake conversation bashing this stock? Aliases myjo and myjog?
And do you deny buying the stock while you were bashing? Even though you admitted that you and your associates were buying while you were bashing?
I can show you those posts if you want to see them again.
Don't you agree that someone who used two aliases to fake a conversation is full of shit?
And don't you agree that someone who is buying a stock while bashing it is full of shit?
You say "Data doesn't lie." Look at the historical data for daily volume for the past YEAR and note the days that had 100,000 volume or more:
* none in November
* three days in October
* none in September or August
* one day each in July, June, May, April....
* two days in March....
* three days in February....
* and none in January.
There were more days that had ZERO volume than days that had 100,000 volume. Typical daily volume is under 10,000 shares -- under $2000 per day. That's the data and it doesn't lie. Your FUD doom-and-gloom about selling and dumping and "massive volume" is proven false by the data you claim to trust.
But don't let me stop you from taking your own advice and shorting this stock. We'll watch your progress on REGSHO.
And have you looked up the definition of "hyperbole" yet? Words like ever, never, always, absolutely.... When someone uses hyperbole as much as you, it loses its effect. It makes you sound childish. You might want to dial it back.
I don’t get angry ever & I certainly don’t get angry at idiots, stupids & dim-witted. I pity their intelligence (if they have any). Next time before you call me names like full of shit, take a look in the mirror & may be a realization of a “light bulb” moment.
Data doesn’t lie.
I’m bearish right from the beginning get-go because of poor-performing & no-capacity management have a great product at hand & they are literally ruining the stock. In last 8-+ years, management made stockholders 99% of losses & still management enriched themselves by awarding dividend & all kind of stock payments at the expense of stockholders’ losses.
We shall see if management has what it takes to make SMI pay them 1.34ML$ at then end of this year. Just 14 more days remaining. Clock is ticking. Tick-tock-tick-tock.
Looking at today’s trading my “guess” is that SMI is not paying them a dime & that insider news was leaked to market.
That's your advice? "short it?"
Short a penny stock trading at 16 cents?
BTW when I said there was no volume the volume was 2000 shares. Did you buy 55,000 shares just to prove me wrong? LOL it'll take more than 55,000 shares to create volume here. The next catalyst will be either a big payment from SMI or the completion of the USA clinical trials. Until then, there's not going to be any volume, unless Auctus or some other big holder decides to dump.
You seem angry. That's a shame. It's the holiday season! Cheer up. Maybe bring back your second alias and create another fake conversation so you have someone other than me to talk to!
Paid pumpers are saying there’s no volume. The fact & truth & data says that there are almost 55K net sells at any salvage price anyone can get. Who’s full of shit now? Data doesn’t lie. Paid pumpers are full of shit. Bid is at 0.155$ & there are neither any buyers nor any buying support. Where are paid pumpers’ buys? They are full of shit, lies & bs. This is going down. Short it.
It’s a sell, sell, sell. Sell at any salvage price you can get. Short this. This is going down the toilet. Paid pumpers are full of shit. They are not buying. If any one have any courage to buy, then show your buys. Otherwise you are full of shit. Show your buys!
Level 2 shows that you're full of shit.
There's no "unlimited supply of GTHP stock" and the MM's aren't doing anything illegal. There's simply no volume here and there won't be until there's a significant catalyst.
The entire time you've been bashing, you've been buying, or trying to buy anyway. Where do your Bids currently sit? And do you think you can drive the PPS down to your price by bashing every day?
No matter how many buys are done at an ask price of 0.175$, it appears that broker-dealers / market-makers have an unlimited supply of GTHP stock to be sold at 0.175$ price. Bid stubbornly sits at 0.17$ & never goes up! What a mess this stock has become!
That’s your opinion .
Keep your BS opinions to yourself.
If you have value add information about GTHP then post here. Otherwise don’t ever bother to reply to any of my posts on any forum anywhere ever.
Stop posting bullshit and FUD about GTHP and nobody will ever respond to you again.
Keep posting bullshit and FUD about GTHP and you'll have to put up with people calling you out.
If any of those 2 things don’t happen then never ever bother to reply to any of my posts ever again on any forum anywhere.
Whether or not SMI will pay GTHP 1.34ML$ by 12/31/2024 is going to be known in next 15 days anyway.
LOL just remember your promise, Elmer FUD. If SMI pays the $1.4 million and the clinical trial completes in Q1, you'll "not only go away but will go away with praising post of GTHP management on this forum."
I hope you're shorting GTHP. I really do.
GTHP stockholders,
GTHP management’s paid pumpers are trying to portray a rosy picture. However keep in mind that in spite of SMI proven to be defaulted on multiple times about their contractual payment obligations, GTHP management is not able to do anything about it GTHP management keeps on continuing with payments defaulted & non-trustworthy partner. From this you can get the picture about who’s in driver’s seat.
it’s a known fact now that they are not able to complete the US clinical trial by 2024-end. They missed the deadline again. What’s new? From this you can the picture that clearly GTHP management is not in driver’s seat.
Because of this abysmally poor performance stock is stuck at 0.17$. There’s neither any buying support for the stock nor any trading happening in the stock nor it’s going up at all. Because of this the broker-dealers / market-makers are able to manipulate the trading & price in this stock. Because of this stockholders suffered losses.
paid pumpers, LOL
GTHP bashing manipulator-wannabees appear to not know or ignore the fact that SMI has missed deadlines a dozen times, not just three -- but who cares?
Nobody ever thought SMI would pay a red cent. To my surprise, they paid hundreds of thousands $$$ and they completed a 400-patient clinical trial at mutiple hospitals that succeeded -- and then SMI submitted an application to the NMPA.
You have to stretch pretty far to paint all that as Fear Uncertainty and Doubt. Yet you still try to spread FUD.
And why? You stopped buying -- your 9-cent bids are long buried. So why keep bashing?
"What are GTHP Management’s vested interests in continuing with a payment defaulter & non-trustworthy partner?" you can't be serious. Guided is in the driver's seat. If SMI doesn't pay, all their work was for naught because they can't sell the Luviva Scan without Guided's help and permission. If the Luviva Scan gets Chinese approval and SMI disappears, HOW is that a negative? Guided got Chinese clearance for free and they can easily find another reseller.
You make no sense, but you forge ahead with your FUD. It's bizarre.
GTHP management’s paid pumpers appear to not know or ignore the fact that SMI didn’t adhere to contractual obligations not only once not only twice but three times now. They say fool me once shame on you but fool me twice shame on me. SMI made a complete fool out of GTHP management not only once not only twice but three times now. SMI don’t have money to pay to GTHP is not GTHP’s fault. However fully knowing that SMI don’t have money & yet GTHP management still continue to partner with a payment defaulted & non-trustworthy partner is definitely GTHP management’s fault. When SMI didn’t pay GTHP the 1st time at that time itself if GTHP management would have started the efforts to find another paying & trustworthy partner in China then may be (& I’m just saying my be) things would have been different today. What are GTHP Management’s vested interests in continuing with a payment defaulter & non-trustworthy partner? Why would stockholders suffer losses because of GTHP Management’s poor-performance, laziness, poor-judgement in continuing with a payment defaulted & non-trustworthy partner?
Paid pumpers are so stupid that they don’t understand the difference between bs & value-add post! Alas! Pitying their non-intellect.
Let GTHP management ensure that SMI pays them 1.34 ML$ in full on or before 31st December 2024 & let GTHP management commit to completing US clinical trials by 1-Q 2025, then I’ll not only go away but will go away with praising post of GTHP management on this forum.
GTHP management’s paid pumpers are so full of shit that in spite of me telling them 100s of times not to bother replying to my posts, they are so stupid & dim-witted that fail to understand plain simple English.
They don’t have any value-add comments or contributions for this forum so they go tho the lowest level of personal attacks.
Let GTHP management ensure that SMI pays them 1.34 ML$ in full on or before 31st December 2024 & let GTHP management commit to completing US clinical trials by 1-Q 2025, then I’ll not only go away but will go away with praising post of GTHP management on this forum.
Is GTHP management up for this challenge?
If SMI doesn't pay up by 12/31/2024 will you go away?
That's the logical conclusion from all your hyperbole.
"absolutely"
"at all"
"the only way"
"absolutely"
"no exceptions"
"Period"
Really, if SMI doesn't pay by 12/312024 and you're still here in January, that proves you're full of shit. As if further proof was needed.
Happy Holidays.
In spite of the somewhat Ok news, there’s absolutely no trading in this stock. This will inform stockholders about how market doesn’t trust this company’s management at all. This company’s management missed their deadlines so many times before & their performance is so abysmally low that right now market doesn’t trust them for a good news as well.
Right now the only way to recover from this horrible & horrendous situation & regain trust from market is for this company’s management to absolutely ensure that by December-end 2024 SMI pays them 1.34 ML$ “in full”. No exceptions. Period.
The PPS have a potential to reach 1$ (4$) & may go there if & only if this company’s management builds on the December momentum & absolutely ensures that
1) SMI pays them 1.34 ML$ as per their contractual obligations by December-end ‘24
2) Don’t do any RS or fund raising diluting existing stockholders’ equity.
As I said, it’s now all in the hands of this company’s management & let’s hope they don’t screw it up this golden opportunity this time around.
The minimum to UPLIST from OTC to NASDAQ is $4 PPS
The $1 PPS rule is for STAYING on NASDAQ.
But forget that. The big takeaway from your post here is: after all your bashing and FUD, you think the PPS is going to $1 and that's without any regard for the US clinical trial.
No wonder you've been buying the whole time you've been bashing. You must be done buying now?
Although “displaying exemplary performance” & “meeting deadlines” & “bringing value to stockholders instead of enriching management at the expense of shareholders’ losses”, terms like these are foreign territory & uncharted waters for this company’s management. That’s the way to get stock price at a respectable level of at least 1$ & then uplist to NASDAQ.
The 2nd despicable, outright disgusting & the most-preferred way of non-performing, zero-to-no capability management is RS (an easy way out for lazy management).
Stockholder of this company hope that management of this company chooses the former instead of the latter.
It appears that December is off to a good start & if they keep the momentum going & absolutely ensure that SMI pays them 1.34 ML$ as per their contractual obligations by December-end ‘24 then this stock will see a 1$ price without RS. It’s now all in the hands of this company’s management & let’s hope they don’t screw it up this golden opportunity this time around.
Explain how they can uplist to NASDAQ with a PPS of 18 cents.
BTW the money from this sale will be deferred revenue on the 10-K if they're not shipping until 2025 so brace yourself for that.
Something is better than nothing.
4 LuViva & 1200 disposables. Order may be worth 100K$. That’s why there’s neither uptick in trading volume nor uptick in stock price. The broker-dealer / market-maker GTSM so tightly manipulates the trading & the stock price in this stock that nothing not a thing can be done about it. The only way appears forward is to utilise the proceeds from this latest order to uplist to NASDAQ.
It appears that GTSM broker-dealer/market-maker has an unlimited supply of GTHP stock at 0.175$. This broker-dealer/market-maker is 1 of the broker-dealers/market-makers actively involved in stock price manipulation.
Hyperbole and FUD in every sentence.
Meanwhile, what's your bid price now? Looks like you raised your price from nine cents to 13 cents. You gave up on the nines? Or is your bid just buried now?
Consecutive 8th thanksgiving, when there’s absolutely nothing to be thankful for here.
All indications are pointing to US clinical trials will not complete by 2024-end.
Guided management had 1 & 1 job only & that job was to ensure that SMI pays them in full & on time as per contractual obligations. Did they do their job? No, they didn’t. In spite of not doing their job, they keep on rewarding themselves dividend stocks & other kind of stock payments. Why?
When they know that SMI is neither paying them in full nor paying them on time, still why do they keep on partnering with a non trustworthy partner at the expense of stockholders’ losses? Why?
Let’s see if SMI pays them 1.34 ML$ by 2024 end.
Stock is illiquid & if it trades then there are only sells & more sells & even more sells.
Bid stubbornly sits at 0.16$ & never goes up. Every slightest uptick in the bid price is immediately taken & heavy selling resumes. There’s absolutely no buying support for the stock because management is not doing their jobs.
Stockholders suffered 99% losses on their investment in this company’s stock solely because of incompetent-at-best, inept-at-worst, lazy, no-performance, no-capability, grossly overpaid executives management.
SMI did all that on their own?
Wow! Guided sure was lucky to find SMI.
You realize, I assume, that SMI can't sell the device in China without buying the device from Guided. If the NMPA approves the device, that's a huge win for Guided -- getting a 400-patient clinical trial completed and getting NMPA approval would have been very expensive otherwise.
"Shame on you" indeed.
SMI completed Chinese clinical trial on its own. SMI submitted to NMPA on its own. In this where exactly is GTHP management’s so-called performance?
In SMI saga, the only job GTHP management had was to ensure that SMI pays to GTHP on-time & in-full. They completely & miserably failed to do their job. When they knew the 1st time that SMI isn’t paying them on-time & in full & hence can no longer be trusted they were supposed to find an another paying & trustworthy partner in China. They say, fool me once shame on you, fool me twice shame on me. SMI made a complete fool out of GTHP management not only once or twice but thrice now & yet GTHP management continues to partner with them at the expense of stockholders’s losses. In spite of GTHP management’s miserably failed performance, they continue to reward themselves dividend stocks & all kind of other stock payments. What a disgraceful, shameful, pathetic, selfish & despicable behaviour.
They were supposed to complete US clinical trials by 2024-end. All indications are pointing to that deadline will be missed. Till date GTHP management hasn’t achieved a single one self-published deadline for any task “ever”.
They are incompetent-at-best, inept-at-worst, lazy, no-performance, no-capability, grossly overpaid executives.
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