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Thank you for your reply. Interesting read. Given everything this could go above 20 short term and then it’s sit and wait. All or nothing trial results within 4 weeks? Obviously your long as I’m as now but what’s the expectation results wise? I know we want positive and stock goes to 50 plus but what are the odds both ways?
New shareholder here. Got in last week as a buddy said to buy it. I’m a complete novice with regard to this story. Can somebody quickly and bear in mind I’m not a medic tell me what today’s press means
Reality check
As you all know I’m a long. I don’t see any good news here in the short term
Sec followed protocol and did their job. Too many companies making false claims and they acted across the board. Unfortunately we got caught up in it.
Secondly, we have no our from the greys after suspension lifts. It automatically happens given finra and otc rules. Is it fair? No but that’s the facts.
Only thing that can happen here is that everyone who is long and has done their DD knows the company is legit. They have to take in their first order and multiple other orders and build up their cash reserves. They then have to go through the process of filing 15c211 to go back onto otc land or better still, get their act together and make the move to nasdaq with cash and assets. Either of these options will take months.
All the chatter of will we, won’t we be on grey. Unless something miraculous happens, we will open on may 5th on grey markets.
Thai game now is all about orders and revenue, if/when that happens then we have a shot in a few months.
Re trading the greys, most brokers wont, or if they do it’s only matched trades. Don’t get caught in the first few days dumping it for pennies as after that happens it goes back up. Either way, 90% of investors won’t be able to trade so it’s sit and hope. I include myself in this.
As I said before, there is nothing positive in being suspended even if you did nothing wrong. It works out the same way, you get screwed.
As for the noise on suspension. There are a number of options. 1. Suspension is lifted which usually means no further questions. 2. Suspension is extended which means they need more answers 3. Stock permanently delisted and prosecutions.
I’m assuming it will be the first option. I don’t even believe the SEC make any elaborations when/if they lift the suspension other than it’s been lifted.
During this process, I’m not even sure if the company can issue a statement.
All I’m 99.9% sure off is that it’s grey market for us on the 5th
Saturday musings.
I hope everyone is well. I’m sending a lot of positive rumblings both here and in the ether regarding the sec situation. I 100% believe the suspension will be lifted on the 5th and that’s really good news as it means the company was vindicated and nothing will be pursued.
Unfortunately that’s where the good news ends, I don’t see any way given finra rule 15c211 that we don’t end up on the grey and have to reuplist which could take months. I’m a long and bullish but unless somebody can show me differently, the technicality gets us.
On a positive, I believe the company is executing, will get product in, will get an EUA but we won’t be able to trade the stock.
That’s my take. Bitter sweet at best
Thursday musings
Pred who have a legitimate product, a legitimate manufacturer and a legitimate distribution company have been caught up in a net of bogus covid 19 stocks. 23 stocks this month have been suspended.
Pred will be validated and will provide product to the US public and will generate a lot of money in the coming weeks and months. That’s the good news.
The bad news is a stock suspension is never good and I would assume that the stock goes to grey market after the suspension is lifted and then goes about the process of either going to nasdaq or otc again. That will take time and I have no idea how long that is. I also don’t know if there’s an option for the sec to lift the suspension and we continue to trade where we are. Maybe somebody else could comment on those aspects
So In summary, pred did everything by the book, didn’t embellish any of the PRs and evening the complaint letter doesn’t make sense as it is stating pred said things that when you read the PRs, it’s obviously that they didn’t! They also filed everything with the fda re importing and distributing and have placed all that documentation on their site for everyone to see. They have filed all their clinical data with the FDA and I suspect they will get an EUA as by al accounts the product is excellent. This is some mid level employee being given a brief and just having a one size fits all approach that has screwed a real company and every shareholder.
As for their being a prior investigation, it’s clearly obvious from the documentation that this is not the case and that there was no investigation. This is very much guilty until proven innocent which is the SEC’s go to process. All the while screwing every shareholder while proclaiming they are protecting us! No logic
Unfortunately I have no simple answers here.
Everyone is working way too hard!
Anything you say is irrelevant as the company is executing. What’s said here is unimportant. Entertaining at times but basically irrelevant.
This all about getting a much needed product into the US, 99% of the other companies that talk big can’t do it. Aytu as somebody mentioned can’t get any product in and it’s not fda approved.
What have pred done. Put out facts, not hype. Working through the fda process in a professional manner and along with their logistics partners they are working through delivering their orders. All the other companies, Worx, cellex, aytu and many more started shouting and now they are screwed as they can’t deliver. Pred are quietly going about their business.
It seems to me that it’s competent management going about their business in a professional way. If your looking for flashy press and daily fireworks, you probably should move stock.
This isn’t about anything more than right time, right place with the right product. End off. The rest we can speculate about but it’s all about getting product into the US and I’m 100% confident that is happening.
All the rest is garbage and keeps people entertained as they sit looking out their windows.
I’m also sure pred management aren’t keeping track on how people are feeling on ihub so relax
I love the level of desperation! Pred had one of the most successful stem cell businesses in the country and anyone who has had the good fortune of using their products will attest to that.
Re John Malone, nobody gives a crap. The reason that predictive use Wharton’s Jelly is that they have realized that along with the stemcells being important, they other components in the jelly are also important. So while guys like Malone bang the drum negatively, really life results say differently. Just because you have money doesn’t mean you’re not a nut job. To suggest there are not abundant stemcells in Wharton’s jelly is idiotic and easily disproved so go do some research.
Now for the fun bit!! None of it is going to matter, EUA on the way for the test kits then sit back and enjoy the ride. Country needs the tests from everyone ASAP and it’s amazing that people are trying to knock a company that may save lives and jobs. Anything to make a buck I suppose but it’s only lowlifes that in this time of world crisis that would stoop to such levels.
Going to enjoy the blood bath
Tuesday musings
Just relax
Sunday musings
Antibody tests are about to be launched into the US market in the next 10 days. assurance AB will be one of them.100s of millions will be needed by front line staff, companies going back to work, education system and sport.
Only 3-5 companies will het an EUA, Predictive and assurance AB will be one of them. After that the market will be regulated and all the other cheap imitations will be shut out.
Duel cartridge IGM/IGG is the most accurate in the market. Single cartridge duel band are good but run the risk of cross reactivity. Single IGM or Sinlgle IGG will be banned.
Preds product is most accurate on the market 92% accuracy and 100% specificity (no false readings). That’s why pred have gone with the best. In order to satisfy the FDA, you have to have the data and reliability to stand it up. Rushing into the market like so many for a short term bump wasn’t their plan. Bringing the best most needed product to market with FDA blessing is the game changer.
Dabloods test is being used extensibly in the Chinese medical system along with PCR and temperature readings
In 3-6 months, home testing will happen but first focus will be on the above.
Pred have the ability with their partners to bring in 100m over the next 6 month. It’s only a drop in the ocean worldwide but it’s a huge bucket of revenue and profit for predictive.
Look then for pred reversing the trend! I’d assume that because pred are the focus of DABLOOD efforts in the US, what are the odds of DABLOOD,DAAN Gene etc returning the arrangement and Preds stemcell and women’s health products being launched into Asia via the new partners!!
All coming together nicely for Longs.
Big week ahead.
Wednesday musings
Much more to come.. this is the “initial orders” pre press release.
Enjoy
Tuesday musings
More and more groups, government and private are starting to realize the benefits of antibody testing. People are also starting to understand how many of these tests are needed! 100s of millions in the US alone. The world can’t create enough.
Pred has a proven product with a proven logistics partner that can deliver millions over the coming months. I don’t see anyone else doing that in that scale.
I’m expecting a stellar few days.
As for the bird man aka iceman. I’ve been reliably informed that he has been lifting my posts and putting it on his small site. Please refrain from doing that in future bird man as it’s plagiarism and I’m not giving you my permission.
All thoughts are my own.
My daily Thoughts
All these academics saying the have tests (Stanford, Mayo Clinic) is a nice PR for them but can anyone identify how they are going to produce enough to be off any use? Again this is about getting enough into the population to make a difference. Not coming up up the best test in the lab!
Everyone is now starting to see the logic in antibody testing, pred were a month ahead of the curve and are now best placed to answer the demand.
No other group I’m aware off have the ability to validate the test to the standard needed to get the point of care EUA which I’d expect this week. Saying that, it’s not even needed but it’s nice to have.
Demand will exceed supply by a factor of 10x .
Re capacity, DABLOOD and pred we very specific in saying they needed to ramp up 1.5m per day. They are not there yet. I suspect the capacity at present is around 2m per week and growing from there.
If it’s only 2m per week and they only make $10 per testkit, that’s $20m per week. Anyone unhappy with that!!
$80m per month .
I suspect it will be much more but just using numbers on the low side for perspective.
The first orders will tell the tale.
If it’s more than 100k then we will go parabolic on the stock. 500k to 1m would be amazing.
All is well, pred is on a great place. All the other competition have problems, can’t get out of China, can’t validate in US as they aren’t a lab, don’t have distribution partners like preds, and much more.
Pred are doing everything right at present, I’d expect that to continue this week.
See you at $20
Oh and almost forgot!! Number 1 stemcell lab in the country so who knows what happens there !!
See you at $40
Update
Stanford test will be great. They have invented something that’s already there! Seems pointless but even more pointless, the US has no capacity in the short to medium term to produce any real quantities. Only place in the world that’s starting to function now is China and Predictives partners can produce big volume. Even at that, it will only meet 5% of the demands.
Abbott test is pointless. They can only deliver a few thousand per state and it doesn’t tell you if you have been infected and are ok. It’s a political gimmick , abbot have no interest in it as it’s not a money maker
Every business in the US, every government agency in the US will have to test regularly. How many tests do you think are needed? Now through in the rest of the world! Example amazon looking for 1m per week for their employees https://finance.yahoo.com/news/exclusive-amazon-contact-coronavirus-test-110911269.html
Simple math. If Predictive sell 50m tests worldwide over the next 6 months and make $10 per kit then that’s $500,000,000 profit. Then they can go and do everything the want to do re atrin , endometriosis, women’s health, and database. Has to be $20-$50 a share. Least anyone jump up and down and start shouting about using 50m units as a base line. That’s 1m per state, wellgistics are in all 50 states! How long does 50m units last if you only test once? Now think, how long does it last if you are doing tests weekly? 250k tests per week per state seems lowball to me
Thai is not a first to market race, the EUA will be great news when it comes and it will, the secret to Thai is volume and Predictive have that.
I expect the next few weeks to be full of big news items in multiple areas and also I expect another Hindenburg attack, they are buried and have to strike back. Problem is this time, they will get run over!!
Fun weeks ahead,
Per my previous posts, things are looking up here and you haven’t seen anything yet!
I’m hearing a lot of things re big orders and governments (national and international) looking to get heavily involved. Testing is the key and it’s not going to be a one off. When we all get back to work (not soon but it will happen) employers will have to test test test. I’ve heard that management and boards have been advised by attorneys that if they don’t have testing protocols in place, they are open to lawsuits for neglect in relation to employee welfare. Testing will be a main stay for 12-24 months
2nd there are not enough tests, the abbot test is a farce as most can’t get access to it and it only tests for the virus at that moment. If you get it 1 minute later or had the virus 3 weeks earlier, it’s useless. There are no viable antibody test out there in the volume required apart from Assurance AB from predictive Labs. Even predictive will only be able to fill 1-2% of the demand. The WHO is saying we will need 7B tests in the next 12 months. It’s an impossible number.
3 there will be lots of tests at lots of price points but they will vary in quality and pricing. The AssuranceAB test is aimed at point of care for now and you want the best test for those people. You need to test for IGM and IGG as the antibodies appear at different times and just testing for one is a death sentence as you could be infected and not know it. That’s why single antibody tests don’t work and are cheap. Who wants 60% accuracy when it’s your family’s health!
4 China is cracking down on the sub standard product coming out of there. As of April 1 they only allow approved products leave their ports. Thai eliminates 85% of all the crap that’s out there, making AssuranceAB even more desirable.
5 I expect them to get EUA approval in the coming weeks making them the first company with a proper EUA. Cellexs EUA granted yesterday was pointless! It can only be used in a lab
6 we have all forgotten about the stem cells! Don’t be surprised if they start releasing stemcell news as well as the AssuranceAB news!
7 pred may just be the perfect company in this covid storm with viral testing pcr )they can do this as they are a clia lab) rapid testing with AssuranceAB and potential treatments with stem cells!
8 all of the above leads to massive price gains in the stock.
Hang on to your hats!! The ride has just begun and as witnessed by the buying, the big guys are around and all this and the national media haven’t picked up on it yet. When that happens (next week I’d imagine) then BOOM. I’m seeing $10 plus here
Again as I said a few days ago. Everyone needs to relax. Covid 19 is here to stay for a while and Pred are making all the right moves. Nothing showy or flashy, quietly setting up their infrastructure as this goes crazy when they announce the product is ready to go.
The new website and packaging looks teeth real to me! https://predictivelabs.com/assurance-ab-covid19-igm-igg-antibody-test/
There have been a number of false dawns with other companies jumping the gun, not having any stock and the. Getting into regulatory issues. Even cellex getting EUA approval yesterday was pointless as it can only be used in a clia certified lab! Not point of care.
A lot of exciting developments world come quickly here. Put up you feet Longs and watch it unfold..
For the technical guys out there!! Stock trading like a champ, next pop heading above $2
Tic tock, the pressure is building. World starting to realize the importance of the antibodies test! All the other tests will become less relevant as the world knows it has to start back. How do you do that? Test for immunity!
No stock for sale and the big guys are in town as shown by end of day buying!!
Assurance AB will be a worldwide brand for this worth billions of dollars tho Predictive. Longs, I salute us all for out fortitude. Enjoy the rewards
All will become clear shortly. PRED is doing their business in a smart professional way. Everything they have done on this so far has been on point. With all due respect to the doctors a that called or anyone else for that matter, they won’t be getting tests. I’d imagine large orders are going to go to hospitals and stats with hot Zones. Everything is this space is being directed by government.
As for all the other tests out there, their is room for them all, there issue is capacity and ability to ramp up. Press partners are already there. Will ship millions. It’s not about the test (which is proven) it’s about getting it to as many people as possible.
Have a beer, stay safe. We are in good hands
Update
As I said yesterday everything will become clear. There will be multiple tests for different things, detecting virus, detecting antibodies, they will all have different times for results etc. the important thing to realize is that the Chinese are ahead of us with regard to dealing with this. They have a 4 month head start and as a result, any of their quality rests will have a back catalogue of clinical data. By all accounts, pred has one of the top antibodies test. Igg/igm combo with 97% accuracy unlike some of the cheap single cartridge products that will kill people due to false readings 60% accuracy
Any of the new products to coming or market will take a bit of time to ramp up and will have to build up the clinical data. Even abbot. Also most of the products coming to market are swab based and if you ask any doctor or patient, it’s highly dangerous as the risk of transferring the virus to the tester is high and also it’s extreme uncomfortable. The other aspect is getting it far enough up your nose or down your throat to get a correct sample so human error comes into play.
Pred has a quality product, has volume capacity with a major partner that is shipping worldwide into some of the most regulated markets in the world. Germany, Japan, South Korea as an example.
I’m 100% confident that they have orders and I’m expecting all that to become public in the coming days.
Again I reiterate, this is a worldwide pandemic, billions of tests needed over the next 18 months. There is room for everyone. You guys get hung up on the US but we make 1/16 th of the worlds population, China makes up 1/5th . That leaves everything else or 5.8n for those that can’t count. South America, Canada, Central America, Europe , Africa (real problem) India, Australia/new zealand , Russia..
There’s enough to go around.
Also show me another company worldwide that has testing and potential treatments (stemcell)
Watch this space. Party only starting
All will be one clear soon but I think this is a very good point from a doctor who has tested the product. It explains exactly why the antigen test will be here for a long tome while the abbot tests ext are short term.
It’s about future state of mind and getting people moving again. We all agree that lockdown can’t be forever. So what’s important then!
IMMUNITY ladies and gentlemen. The swab tests for the virus.
The antigen tests for antibodies and therefore immunity
“ From a doctor in California . Explains why the other tests aren’t an issue for predAbbot etc
I want to let you know 2 things the company has to to keep drilling to the masses. That includes the people in the medical profession. I have spoken to dozens of people now and the lack of sophistication among VERY educated people is shocking. It needs to be made clear that the Abbott test is totally different. It does NOT determine immunity. THAT is key. It is what will let people go back to work and have some confidence in doing so. The viral test is not important to me day to day. IMMUNITY is. If I am immune and not shedding virus I am safe and so are others. The second is the ACCURACY of this test compared to the others. It needs to be clear that it takes time to find the right combination of antigens to check. Many months. The newer companies are lying if they claim such a highly accurate test, period. They need to EXPLAIN why their test is more accurate. I spent my life ignoring my family trying to help people under tremendous stress. I want my chance to live some life with them
Enough said
All of this will be one very clear shortly with all the relationships explained with all the correct documentation available for all to see.
I suggest you just enjoy your Sunday. Hug you partners and kids because this is only the start. We have a devastating 6-12 months ahead.
Re the test,there is a requirement for every test available, the world is in crisis and we don’t have enough tests to go around. This is not a first to market play or to be on some list. This is an opportunity for a company to help in a significant way.
It’s a sad indictment of human nature and greed that this is lost by some who just want to pick holes for their own financial gain when people are dying in our hospitals homes.
What an intelligent post!
There is a certain nativity as regards other tests and how they effect preds test. I can assure you that this covid issue will be ongoing for at least a year and as such we will need every test we can get our hands on. This is a worldwide problem and people aren’t getting tested.
A reliable serology test as has been explained by multiple doctors and organizations will be a vital tool in combating the virus spread.
Ask yourself the question, if you could do a quick test using a drop of blood and get an accurate result, would you prefer that to having a swab still up your nose and then have the pleasure of waiting a week for results
PREDs partners are the leaders in the space with the important distinction that they can put millions into the market quickly. Having a great test is only half the issue, volume capacity is the other important aspect.
For you who don’t know who they are here’s the link http://www.jsdablood.com/?user=bonade and again for those of you who read Chinese and can look at the approved list of providers, DABLOOD is a partner with DAAN gene co http://en.daangene.com/ are number 5 on the Chinese government approved list and the largest and most well known by far with a capacity of 4-5 times the other companies. I suggest you with connections call China and ask about them!!
Eventually this product will be used in home by people who can’t or don’t want to go out and get swabbed. Think of the elderly, unwell, or people who just can’t wait 5 hours in a line for a swab. There is room for everyone so just relax. The world is a big place, all products will be needed.
I have zero doubt that the bonafides of Preds partners will be verified despite the attempts to discredit them.
Good times ahead so stay tuned
If you read my posts yesterday you will realize that the test the UK have allegedly ordered won’t Be accepted as it’s a single cartridge igm test which is at best only 70% accurate. This leads to false negatives which will kill people. As people get educated they will realize that single cartridge aren’t the answer right now.
Pred is the only igm/igg product that can come into the market in volume. It’s approved as good standard by the China medical board (fda) backed up by clinical data .
Trump and China making up last night was huge. Pred will be at the forefront of this with the relationships in place and yes, Dr Birx was talking about Pred.
Stay tuned as the world is changing and Pred will be at the forefront of helping it deal with this.
Stay safe everyone, money is only important if your alive
Let me explain how all this works.
There are multiple types of tests out there but the big issue is getting volume that is needed. Going online and trying to say you can get a test kit is nonsensical as when you try and get it, it either doesn’t exist or you can’t get it.
What makes the predictive situation unique is the as a clia certified lab, they have FDA approval to take it in and they also have volume. I believe they with their partners can supply 1 million per week and grow from there. Let nobody think that this is going to be over in a few weeks. People will be testing for a minimum of 12 months. Here is the FDA law that allows Pred to ship
“ Here’s the quote
D. Commercial Manufacturer Development and Distribution and Laboratory Development and Use of Serology Tests Without an EUA
The policy described in this subsection applies to developers of serology tests that identify antibodies (e.g., IgM, IgG) to SARS-CoV-2 from clinical specimens. This policy is limited to such testing in laboratories or by healthcare workers at the point-of-care. This policy does not apply to at home testing.
Considering that serology tests are less complex than molecular tests and are solely used to identify antibodies to the virus, FDA does not intend to object to the development and distribution by commercial manufacturers or development and use by laboratories of serology tests to identify antibodies to SARS-CoV-2, where the test has been validated, notification is provided to FDA, and information along the lines of the following is included in the test reports”
Next, Pred are not selling to doctors directly. Their sales channel wanted it and were told no. Pred will ship bulk directly to government agencies and/or large hospital groups. The demand is huge and the need is real.
Re the testing and how it works, This is a duel igm/igg test which uses a small drop of blood. Results are in 2mins. It’s easy used and very safe for the user and/or the doctors administrating it. There are multiple others making claims but Pred is the only duel cartridge igm/igg product in the market. Complete game changer.
Also I see somebody questions the timing with serology testing. It’s proven to be more effective and timely than swab testing. The Antibodies appear in the blood in 3-4 days so the test is effective from that time on. For swab testing , you generally don’t go for that until you show symptoms which is around day 3-5. Then you go get the swab (if you can as there are delays) then you wait 4-7 days for results so even at the optimal time with no delays, you get a swab result 7 days after you got infected. With the antibodies test, as soon as you have a symptom you can test. So 3-5 days. The other advantage is you can test again and again quickly.
Stay tuned for more news as I don’t think we have seen the best. Enjoy Kong’s, we have had a tough run but yesterday was a boost
I love your logic but bridging won’t be a problem. Thai contracts is worth $billions in profits. Everything else right now is a tag on..
Question, how much are the tests worth to NYC right now? $100 ? $200 ? Pick a number. There is also a supply issue and there are limited tests. This not a US issue, it’s the first global issue that we have all experienced. Thai will run for a minimum of 12 -18 months
I suggest you call today and ask them how much have product they have left!! You might be surprised
Just to confirm, the site flashed up briefly after market close. As long as press comes out pre market then nobody had an advantage and it’s a non event. Try again. Have fun
External beta testing and validation is needed for a full roll out and for doctors and facilities to accept it. The positives are (think George was the guy saying Houston never heard of Artguide) that there’s over 1000 people treated and it’s exceeding expectations. Next step I’d imagine is a white paper for the scientific community and then we push the go button.
This is a major milestone as it’s independent validation by the top fertility clinic in the US. This will be extremely important for Thermo and China and speeds that process up.
Next (depending when people conceived) will be happy mother’s and babies. How powerful will that be!!
Also very important is that Houston are carrying out an IRB retrospective study on ART outcomes and this will be extremely useful as a validation metric for ArtGuide.
All coming together
Also the the volume that somebody Eluded to. The illusion of volume is different than actual volume. Paulson swapping with Cdel and back again is not volume, it’s market makers screwing around
Guys, they just down get it. It’s all going to happen and you’re seeking the first little green shoots of major upside. All the negative talk in the world won’t derail where the company is going .
Stay strong and enjoy the turn around. It’s all coming
Why don’t you sell and buy back ? Smart girl like you
All will become clear grasshopper in the not too distant future but one would have to suspect it has zero to do with management and more to do with the database of markers which would ensure that patients who were within a certain genetic demographic would be more suitable for treatment vs others.
Secret is in the name “predictive”
Future medicine will be individual based not mass treatments with one size fits all. PREDs genetic data base is what is the real asset here. 300000 disease data points across multiple diseases/illnesses is what makes the company special.
That’s why atrin are here, not that complicated Georgie boy
PS
Spoke to HFC yesterday, a large number of patients used Artguide with a high number of successful outcomes. Data to appear shortly according to the lady I spoke to. Stay tuned
Also I’m not saying Robinson is the best ceo in the work by a long shot but I believe their data base is game changing and that’s where the real money will be. That’s why companies like atrin are here and I suspect more to follow.
Just spoke to Houston fertility clinic .
Confirmed use of ArtGuide, lot of happy patients. Seemingly high success rate (don’t know whet that means). They expect to release confirmation data shortly.
Extremely happy to be involved in this exciting rollout.
I love the smell of desperation in the morning.
It’s fun to watch
How about auditors Deloitte
Attorneys Wilson sonsini
Multiple awards from leading doctors and agency’s
Thermo Fisher
This board is so redundant it’s funny, all the little idiots telling each other how smart they are and how pred is a scam. Obviously most of you are employees and getting paid a few cents to be here. Keep up the good work
Lot of activity here in the morning. Lot of people starting to get nervous.. want to see the short trades from the big mouths so we can laugh later
Here the rub for guys that get it. The database is priceless, it can identify who will respond to a trial thus you can identify the best people thus having more successful trials. Now imagine getting a carry on 100s of fda trials as payment and also developing your own therapeutics backed by big money. What’s that company worth. Think being tested to see if you will respond favorably to chemo before you used it,
Not a chance. Stock up 40% in a week and everyone freaking out! Held most of its gains , it it does 5% per week it will be $4-5 in no time. It’s a biotech, they screw around until one day “boom” and it’s $15 ! Lots of examples. If you do your DD and understand then you will breath easier, if you haven’t, then do yourself a favor and sell. Put it into some stock that you think is better. Only a complete fool holds a stock that he doesn’t think is going up.
The mining assets per the PR are going to brvo. Not complicated . The mine is Russia which is the security for the 600m bond is seen as a financial instrument ( see website https://www.elementglobal.com/subsidiaries/finance.php) and as such remains in Elgl until they roll into another vehicle per their recent press release)
Stock is completely undervalued as the bond fully funded puts $3 per share cash into the company! Cash value is $3 pps and stick is 24c !! Keep selling, I’ll just keep buying as one of these days the bond will be validated by an independent source and the stock will explode
Jay Moyes stepping down from the board is a positive step as he was out of line with the rest of the company as his resignation letter points out. The whole stemcell market place is becoming harder to operate in so why Moyes would think he knows better is beyond me but everyone had their own opinions.
The fact that the company posted his letter is a clear sign that they wanted it out there and it shows a willingness towards transparency which is to be welcomed.
As pointed out by others here, it’s better to rely on the informed opinion of industry leaders in the form of sorintino and co. Moyes space will be taken up no doubt with somebody with real expertise and better to have a company all going the same direction rather than a rogue element fighting against them making life difficult.
The way he wrote this letter smacks of anger and petulance which is in keeping with various reports on Moyes personality. A door closes and another opens.
Fundamentals still very much in play. As I mentioned in a post a few days ago, the magic ingredient here is the genetic platform that Pred has. Largest, most diverse genetic disease platform in the world which can be used in multiple fields across an array of illnesses. That will eventually register with people.
Added to that is the diagnostics and no doubt therapeutics that will follow. I see pred doing business with multiple groups in different fields who need to use their platform. That will result in multiple revenue streams added to their women’s health focus. The future is bright.
In the short term, I know the company is at JP Morgan next week and as with history, they normally go into things like that with significant news . Stock action would suggest buyers becoming more aggressive and lone may it continue.
As always, do your own DD, pick up the phone, ask questions. Understand what you have and be happy
I’m limited to one post per day hence no replies
Website revamped.
Worth taking time to go through it focusing on the management and board. Company going dark for the last few months is positive as they are obviously learning from the mistakes of the past where everyone was talking about what was going to happen before it was even announced. Behaving like a real company which is great. Good times ahead
https://predtechgroup.com/leadership/
Fun is only starting. Word will eventually get out and when people triply understand, this will explode
Remember back in the day when “social media platforms” were being laughed at and only a few got the big picture? Everyone has a story of a guy who bought FB or google and now lives on an island he/she bought on the back of it.
Well substitute “social media platform” with “genetic platform” and look at all the money being poured into genetics. Now go look at what pred really is, “largest genetic platform in the work for genetic illness markers and you will start to understand what’s going on here and why all the big guys are around this company.
This isn’t about endometriosis, that’s just the first step. This is much bigger than that, think every major illness that you can think off and then think “what if I knew I was predisposed to x,y,z and I could alter the way I live to reduce the risk? How much is that worth? That’s what you have here.
Watch as multiple other relationships in multiple areas unfold and then you will start to understand that even though there has been ups and downs, the platform doesn’t disappear. Look at FB, Apple, google etc and what happened them at different stages and look at them n
Remember back in the day when “social media platforms” were being laughed at and only a few got the big picture? Everyone has a story of a guy who bought FB or google and now lives on an island he/she bought on the back of it.
Well substitute “social media platform” with “genetic platform” and look at all the money being poured into genetics. No go look at what pred really is, “largest genetic platform in the work for genetic illness markers and you will start to understand what’s going on here and why all the big guys are around this company.
This isn’t about endometriosis, that’s just the first step. This is much bigger than that, think every major illness that you can think off and then think “what if I knew I was predisposed to x,y,z and I could alter the way I live to reduce the risk? How much is that worth? That’s what you have here.
Watch as multiple other relationships in multiple areas unfold and then you will start to understand that even though there has been ups and downs, the platform doesn’t disappear. Look at FB, Apple, google etc and what happened them at different stages and look at them now
Ring up Houston fertility clinic and ask them if they are using it!!
https://www.hfi-ivf.com/
It’s all coming, fertility is just the start. The magic ingredient here is PREDs genetic data base which will allow with multiple entry’s into all fields in medicine. Looking for major moves into mainstream pharma this year.
Anyone who wants to educate themselves, focus on the database as that’s the key. That alone is worth billions