It’s funny you don’t mention it being up 200% from when I first started posting about RMSL in the $.0070 range…
Try and fit whatever agenda you have but the facts remain the same. SP is climbing with higher lows and real progress.
Debt free, real product, real patent, real revenues.
Now what's your excuse for not hitting .10?
CEO is obligated to make material disclosures to shareholders. CEO has not disclosed that there is a pending patent application that he filed which continues the patent application on the rejected claims.
This has been discussed this ad nauseam if you take the time to read the posts which provide all the PRs, tweets, and docs from the US Patent Office relating to the events that have transpired.
Posts clearly contain documents taken directly from the US Patent Office. You can see that claims 1-6, 9-13, 15-20 are either rejected or withdrawn leaving claims 7,8, and 14 - THREE claims as the only claims approved out of 20 claims.
Three claims makes the DeltaWave so special as you asserted below?
Some of the ResMed masks have 30-40 patent claims.
You would be hard pressed to realistically believe three out of twenty claims is a solid patent.
I’m not sure I understand your assertion. They received their patent for the DeltaWave product last year (you can look it up, it’s USPTO Patent # 10,987,481). Like most patents, they made a lot of claims with the understanding that not all claims would be accepted. I checked with a friend who is a IP Attorney and he said this is common practice. Think about it - it makes total sense; there’s no harm in claiming as much as possible even if it’s unlikely they will all be accepted. All that being said, the patent as it exists FULLY protects them for the features that make the DeltaWave so special. So my question for you is the following - please clearly articulate your assertion for us. Thanks!
Anyone trying to pass this off as "old news" is trying to deflect from the fact that the CEO is not transparent on material disclosures to shareholders and that the DeltaWave patent is a sham in it's current state.
ResMed wouldn't pay 5 CENTS for a shell-of-a-patent that has most of it's claims rejected/withdrawn.
New Patent Application is NEW news-#BECAUSECEOHASN'TDISCLOSEDIT.
Shareholders are under the impression that the DeltaWave is FULLY patented when that is NOT the case because MOST of the patent claims were REJECTED/WITHDRAWN.
Go through all the PRs and tweets and you will find NO DISCLOSURE to shareholders on this new patent application.
CEO tweeted 11/20/20 that he would respond to US Patent Office Action Letter aka the initial NON-FINAL patent rejection. Patent Office received his response on 12/20 and issued a FINAL REJECTION for most of the remaining claims on 1/14/21. Tom filed Hail-Mary-Pass Form AFCP 2.0 3/11/21 for rejected claims and has not issued a PR to clarify to shareholders that the bulk of the claims have been rejected and are now pending in this new application.
Only thing Inept is your comment stating they diluted at all… ???????
Tom blames Covid, testing lab, and Empirical for lack of FDA 510k clearance which has been ongoing for SEVEN YEARS - before any of those scapegoats came onto the scene.
RMSL wrecked Empirical's 100% approved record.
Old saying..."Buy on rumor, sell on news". Stinky-Pinky tickers are especially risky gambles.
Until they drop the next bomb of a news release that brings it back to .01
They’ve been saying they were going to sell CPAP machines for over 2 years, yet haven’t, zero sales. Even tossed up a website to help the pumpers pump, and all they sold was more shares. Further, even in their most recent PR they didn’t claim to have either revenue or positive cashflow, just that they were going to “transition” from a pre-revenue company - ie - fixin to get ready to prepare to possibly start making money.
All they’ve had for years and years is that one horribly designed mask they’ve not gotten approval to sell, and even if they did, people will not buy it over the far more comfortable and established alternatives from real companies. They’ve sold enough stock to live off of for years, paying themselves handsomely.
If somebody were to say they don’t have revenue or positive cash flow my response would be you are wrong. If you were to say in the past then I would say you are correct. They were a pre-revenue company and only recently started selling CPAP machines. August 15th 10q filing will show the actual sales and revenues of these machines.
If you do next level research other then just reading the filings you would be able to read the revenues and positive cash flow statements within the Recent Press Releases
They are not cash flow positive by any stretch of the OTC's imagination. Only thing they've sold is stock, zero revenue on years of disclosures and still on their last one.
17.54% a day keeps the haters away!!! Let’s continue this 3 day green streak tomorrow!
1 Day 17.54%
1 Week 19.22%
1 Month 97.06%
3 Month 63.41%
6 Month 43.16%
Year to Date 159.69%
1 Year 229.43%
Since December 7, 2020 up a total of 2,292.86%
Learn to Ride the Waves!
Block out the noise and the nonsense
RMSL is a very real company with real products not some pump and dump hype ticker.
There is a 100% Valid US Patent for the “DeltaWave”
They successfully uplisted to OTCQB Status.
$4 million in cash and hand and are now revenue generating with positive cash flows after being a pre-revenue company
3 total mask the DeltaWave and a second mask with an unknown name but one that will have 2 versions (residential and hospital)
Do your own DD and validate the facts.
Keep in mind hater are going to hate and the date is 7.14.22 not 2013-2017 and the past led to the present status but the past is the past as stated before Debt free and many catalyst to look forward too!
Absurdly overvalued. It's been pumped on StockTwits to newbies who have zero clue of the history of the company.
BS. 80% of the claims were rejected/withdrawn and CEO has a Hail-Mary-Pass on the rejected claims in the form a NEW PATENT APPLICATION that he thus far has failed to disclose to shareholders.
You think the big boys are going to "buyout" a company whose flagship product is so unoriginal that 80% of their patent claims are worthless? Not to mention the device has failed to receive FDA clearance for the last SEVEN YEARS.
And yet they have a $50 M market cap. Very strange.
The official US patent has been shared many times and is valid for 20 years. In order for a patent to be handed out it must be determined that there is a significant difference to current patented products that make a device their own.
In this case the patent office agreed and approved the 20 Year US patent. Sure not every claim on original application was patented… but you would be a fool to not include it in your application.
I encourage people to take a look at other patents in the industry and review the process they went through as well. Just like FDA approval they all had changes that needed to be done from their original patent applications.
Trademark for “DeltaWave” has officially been applied for.
This stock really confounds me. It is one of the few OTC stocks that has maintained a fairly high amount of volume over the past year and a half compared to most of the OTC, and it has also held its price fairly well considering the fact that they are still having issues getting their products to market....which has been on ongoing theme of this company for years now. And it isn't like you see this stock pumped a lot on this board or any other stock message boards. It is fairly under the radar in that regard.
But here it sits, with a $40 M market cap and volume in the millions everyday.
It really makes no sense to me but it is what it is.
CEO misled shareholders to believe DeltaWave is fully-patented.
RMSL tweeted 4/08/21 that Utility patent would be issued 4/27/21 which gave shareholders the impression that there is a full patent on the DeltaWave. There has been NO DISCLOSURE that there is a NEW PATENT APPLICATON for the rejected patent claims on the DeltaWave.
The Press Release yesterday finished with the Sentence “This is just the beginning so stay tuned.” Well I hope you are tuned in now. I didn’t see one person talking about trademark as a future catalyst or accomplishment.
Remsleep continues to surprise me with their open communication to investors and it’s very rare to find a growing company who recognizes they wouldn’t be were they are without their shareholders and investors.
Proud to be a part of something bigger then just money. Part of a team and part of a company that is going to make a major difference in effectively treating those with sleep apnea specifically those who suffer from COPD and Congestive Heart Failure.
Sometimes it’s about more then just money and when you find that hang on tight!