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The key is diagnostic....
BIOHARP is a diagnostic device and does not claim to heal issues like a bio feedback or magnetic field technology. The other fact is it is not invasive and does not require dye to work.
Of course time will tell, We all understand the FDA keeps the pharmaceutical companies and doctors rich in our country. A cutting edge cure would be difficult to get through if it is does not use traditional methods.
JB77
I have been saying that for months...
Sales will drive the price...
If he can sell 20-30K per month then the price will move accordingly.
The question is 20-30K per month possible?
JB77
A blockbuster would be nice...
I have had shares for a long time..
It all depends on sales at this point.
If he brings in sales the stock will rise.
JB77
I agree,
But you have think positive....
A few dollars is my realistic bet.
JB77
and here is to a
$10 share price next year!
JB77
The next two weeks have holidays on Friday. Most people are not thinking about the stock market or XMDC during this period. Let us hope that Paul and company get some rest during this period as well. In the beginning of 2010, I hope to see them accomplish some of the items they have shared with us. The most imporant to me would be sales or contracts. Without sales, the company has no revenue and this has a long term impact to the health of the company.
JB77
I am with you, I am
holding for the long term as well.
What is another year for long term holders of this stock?
JB77
We all understand the "potential" of this device. Now it needs to get out of R&D mode and into mainstream with confirmed sales. This stock needs sales to move upwards in price, without sales it is just another engineer's great idea, that never materialized into the mainstream of human culture.
All of the other items are nice to have...
Full reporting
Korean medical device approval
FDA medical device approval
OTCBB listing
New company symbol and Name
Manufacturing partner
New Web site with Video of the product working
But what we need is sales, without sales, this company will burn through it's limited cash and be worthless. Just so everyone understands I am not selling and am holding to see the future, and I believe the future is hinged on sales. Sales or lack of sales will make this company a winner or a loser over time.
JB77
You are correct..
It all comes down to sales and distribution of the products.
We need sales to get new buyers to move the price higher.
A product without sales does not get us a higher price.
JB77
When it went up to just under .11 we had half
the shares is the O/S. Most people took the press release is that he had all the O/S he needed to do the deal, in reality he stated that he had all the A/S to complete the deal. We current have about a Billion shares out, yup Billion with a B.
The difficulty is, we do not know the potentials sales of this product, and this is what makes the value in the future. The current value is way to high for a company that has product potential with no facts on sales. An uplift to the OTCBB is solid, and it will allow us to see financials of an R&D company. That is way different that financials of a company that has significant sales and profits.
Time will tell, I do not see this as negative and I will be holding my shares to find out about sales and other items discussed on this board.
JB77
As I have been saying for a long time the direction of this stock all depends on sales. The volume of sales and revenue versus profit will determine the value of this stock. Since we just have a prototype device and no production line yet, sales are still a while away. So decide to hold or sell, but I do not expect the stock to trade above .08 until we have news of sales. This could be as short as month to as long as middle of 2010.
JB77
We all are expecting news...
The question is will make the price rise????
JB77
Well another week has gone by....
When will we get news on the merger?
Better yet when will we get news of sales?
A big sales or known sales will get this stock moving!
Did he make a deal with a country to sell the product?
Ask yourself, how a big confirmed sale will relate to this stock and its price.
JB77
You are correct...
A PR after the bell on Friday would shoot this higher in Monday trading...
We just need the merger complete to move this company forward.
Until the merger is complete this company has zero value.
JB77
Time will tell if this is going higher or back to .0002
The key is to risk what you can afford to lose on these types of stock versus the potential gain. As long as you keep it in perspective you can make some nice profit on these types of companies. If you find one that truly has a cutting edge product and moves upward to a higher exchange then the minor risk was worth the reward.
JB77
I think a lot of people see the
3's as a buying opportunity.
Let see what happens if it goes there.
We also have had low volume for the last two weeks, which means most investors are holding to hear about the merger.
JB77
Still Creeping downwards...
I wonder how long before we drop into the 3's.
JB77
I expect our OS to be
850 Million when the deal is done holding 15% in reserve for an emergency or specific acquisition.
Hopefully, if he can get sales, he can buy back with a small percentage of his profit over time. I would expect 500 Million OS would be best case for this company long term.
With 850 out and solid sales a few dollars is possible. I do not expect this to go to 60 (sorry Illuminate) that would make the company sales at 6 Billion and market price ten times sales not ten times earnings.
JB77
Looks like we are going to have another low volume day...
At some point people will believe that news is not going to come at that point, the sell volume will rise and the price will drop like a rock. The question is how long will be people be willing to wait?
JB77
So what do you think the run will be to?
I have wondered that myself.
JB77
And each of these PR's...
Will move us upwards in steps.
JB77
Time Will Tell....
I believe buyers want to see facts not fantasy.
Facts will move this much higher over time..
I believe this will move upwards like a set of steps not like a rocket.
JB77
I do not think it will go through
the roof on merger news, however I do believe it will trade higher.
This stock will really jump when he makes a deal with a country or a big health entity reporting a big Sale of the product.
JB77
The merger is just the start...
It will take much more for the stock to move upwards...
It depends on sales revenue and profits.
JB77
We are going into a short trading week...
3.5 days this week.
No trading on Thanksgiving and early close 1PM on Friday.
I do not expect news this week, and expect low volume.
I suspect we will retest .0361, but close in the 4s all week.
Let hope this gets rid of the weak hands, and we run hard in December.
JB77
Time will tell...
We have already have a great run from .0002
and then from .002
then from .02
Do I see pattern here?
JB77
Next week is a short week.
Thanksgiving on Thursday and of course Black Friday.
I would think trading should be slow.
Any ideas on what next week will bring.
I expect us to move slightly down on low volume.
I would not be putting out news next week.
JB77
I tink that is a good estimate
I expect to continue to creep down...
Maybe even touch .036 before bouncing and closing in the low 4's
JB77
We should trade sideways or slightly downward
due to the Thanksgiving holiday next week
JB77
In my view...
He also has to state potential sales, without sales
the merger is pointless.
JB77
Mondays likes XMDC and XMDC
likes Mondays!
Mondays have been great for this stock.
Let us hope tomorrow is solid as well.
JB77
The question is will you sell directly after the merger, or will you hold for this to become a viable business?
What is the company worth after the merger with no sales?
What is it worth after going to the OTCBB?
What is it worth after getting on the Korean exchange?
What is worth when a facilty to build the product is released?
What is worth when the first contract with a country get signed?
What is worth when sales are flowing?
These are the type of questions you have to ask!
You also should have pre determined sell points.
JB77
We all believe the merger will be complete by the end of the month. This is the first step to a successful business.
We also know he is going to be fully reporting and go to the OTCBB.
We also need significant sales over the long term to keep the price moving upwards.
The down side is the continued dillution we have seen over the last month. We understand the company needs cash. I would hope if the sales are solid, he should start buying stock back.
JB77
Several people on this board....
Send an email to the transfer agent
signaturestocktransfer@msn.com and if you ask, they return the details of the OS, AS and restricted...
Paul has this the share information available at this time.
JB77
Looks like we
will close above .06, overall a good day.
JB77
Looks like the
trading is slowing down....
Let hope it picks up after lunch...
We know that news of the merger can come at any time
JB77
I hope you are correct...
I also expect the merger news next week.
My best guess would be volume around 7Million today.
JB77
I expect today to be a slow
low volume day, unless some big buyers come to the table.
I expect the merger to be announced before the end of next week.
I would not release major news the week of Thanksgiving.
JB77
I think the merger will be done
in the next two weeks. I would not want the news out the week of Thanksgiving. Many people take off that week.
JB77
Since you have knowledge of these chips...
Are they currently being produced in large volumes?
Large enought volume for wide spread support of
a device such as the bioharp?
Is the current manufactoring six-sigma or better?
What is the cost per chip in volume?
JB77