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Like I said If we dont start getting in approvals no later than 2nd week in Nov I wont post here anymore. I do clinical trials for a living and if we dont recieve some anwers by then Im at a lose and very puzzeled I just hope Andy doesn't die before the devices are approved as he is a little old. Good luck to you
LOL, It's 90 days yea if there are no questions. Everytime the FDA ask a question in writing the clock must stop. We all know it took over a year for biel to provide the answers and benchmark test to the FDA.
Couldn't have said it better!
Thanks
You can call it guessing or speculating all you want but the fact of the matter is although no one can guess when the FDA will render a decision they do have guidelines and policies in place when dealing with 510k, de novo etc... device approval timelines and in most cases they meet those timelines. In my opinion (and this is my honest opinion) If the FDA does not come back with any questions and Biel has been honest with the questions and timelines that the FDA has asked we should start to get decisions in no later than 2nd week of November(at the latest). If I am wrong I will stop posting here
I really think it will be by end of october I just added 2 weeks for padding. AIMHO
Hi fuente
I work for a company that manages clinical trials for drugs and devices for other pharmas
Wow Mad,
Most longs here are in the red but 83K thats got to hurt. As I said before I work with the FDA on a daily bases and I can tell you it simple takes time. The problem is this is a game changer and the FDA wants to make sure they have all of their I really believe we will hear something no later that 2nd week in Nov. If you have the cash I would buy more to get your average down as you prob in around 08-09 cents now.
300 million added to float? No wonder we are back down to the 6s
Please keep in mind the clock restarts everytime the FDA ask for info. Someone correct me if Im wrong but I believe the last request was in august?
Go watch the Presentation and the talk about the Canada and UK launches.
2 billion WOW that changes my estimates a little
I think it will once we hit the money phase and start earning revenue. This along with biel are my two hope it hits a dollar stock this year. Really looking forward to next week for opmg
I agree they are Christmas tree estimates LOL but I do believe they are achevable if Biel markets the products correctly and agressivly just look at the potential in the US alone
1. Back pain 60+ million people
2. Knee pain 30+ million people
3. Menstration 30+ million women
plus all of the trials they are running
I know it will take time to ramp up the sales but I really believe they will prob sell out before we get that far as companys like J and J have billions to throw at a small company look at how much they paid for Couger, 1 billion. Anyhow Im just being an Optimist. Good luck to all.
Yea the big pharmas run everything here in the US. I bet when we get approval one of those big pharmas will purchase biel very quickly. Remember the huge delay was from biel taking almost a year to get back to the FDA on their benchmark test and clinical results plus they had to go through the 510k process before they could even attempt to do the denovo. 90k wow, Yea 2 years must seem like an eternity here for you. I think on the first approval we will see .10-.15 then when the allay and others get approved we will see .25-.75 and once the sales start to come in 1-2. Dont forget about the huge potential deal with Dr scholes. This company has huge potential I just wish the float wasnt so big. I will retire off this stock for sure.
Mad,
Sorry about your problems but dealing with pennies you have to have a strong stomach. Hold on it's coming and you will make all of your money back plus some. Tell you a story. Last year I purchased 50 million shares of a company at .0002 and held it for a year before getting impatient and selling a figgin day before it went to .003 on news. OUCH!!!! thats a 150K mistake. I really believe based on my DD we will start to get approvals this month.
If you brought in at .08 and held all the way to where it is now then it's YOUR problem not the CEOs. Sorry about your loss bro but hold on the day of redemption is near. I work with the FDA everyday and I am confident we will hear something THIS month. I just hate I dont have and powder to buy more
More conspiracy theorys I see. Do you think it may have been a long selling? I REPEAT THERE IS NO dilution. CEO said numerous times that diluting at this point is worthless. Im willing to bet its some long selling (I have done this many times with this stock) buying back in at a lower price or using the money to buy another stock. Any yes this is my opinion just like dilution is yours. GLTA
Nice buys coming in.
No need to be so negative. LMAO. FDA takes time.
Agreed. Only good thing about the PPS now is it's so cheap any everyone can load up.
I bet we get an FDA response this week.
Thanks UK I am now more satisfied with my investment than ever I will keep loading more
overall not alot of new information but some good information for some potential new investors. We should see a rise in PPS tommorrow due to some new faces.
Scottrade. No problems at all.
yea look at level 2 I dont care what happened thought the day.
Someone tried to paint down but couldnt. HA HA Jack *sses. Now on for the conference call. I hope some good info to burn the sellers.
due to all the selling if we do get some amazing news today the stock will go crazy tommorrow.
Wow look at the sells(over 4 million). Looks like one of 3 things are happening.
1. Someone is an idiot
2. Company Diluting
3. Someone trying to create panic selling or fishing for stops
What I find funny is that POS crap scam PO*G has over 4 billion shares on the market and they are trading in the high teens and we are a legit company making some revenue and cant maintain a penny. Lifes not fair LMAO... When they approve these products I bet we go as high as .75 the first day on hype alone.
I agree and feel confident because they have been onsite at the FDA recently in discussions with the FDA which is promising. I believe they had a call into the FDA this week also. I really believe we will hear something by this months end.
It is so obvious they walking the PPS down LOL watch the mad dash in 30 minutes to bring it back up
I agree stock. They have missed all kind of deadlines and dates. It's unfortunate as I remember when this stock was .09+ now we are back to .02+. Seems like guns a blazing is down to a fizzle.
Yea it's been interesting on how everyday someone been buying millions of shares right before closing. Wouldn't it be nice if they announced a buyout by a big company like J and J or GSK
on the level 2 link in the upper right corner(you have to have a subscription though)
Wow look at level 2. MMs really want shares
Good Job bro,
You in a great position since most longs are prob in at the teens here.
Can you tell me of the last conf call they had I'm looking for a recording somewhere and can find any info of a conf call anywhere
I can say one thing is this is some interesting stuff for sure.
Ha,
Thats the same thing I was thinking. Someone willing to pay .008 for shares that were in the 6s and 5s a week ago. Get ready for news this week guys. I hate insider traders LOL