Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Sure hope so
Wonder if the testing aspect will be a focus of FDA now that treatments are approved...just need to submit CLIA
Or...lots of shit ;) lol
But there was no REAL reason for our most recent run-up in price. I'm happy it happened, but it seems to me as if it was one or maybe a few new investors wanting in...nothing more.
The bottom line is that our share price seems to hold in the lower 5 to mid-6 cent range. Any small volume run upward or downward shouldn't be cheered or met with anguish as (again, in my opinion based in over 2 years of price observation here) we will return to this level.
The real joy or anguish will come when IDE is submitted. Until then, imo, we are all in a holding/waiting pattern...
I can't believe anyone is surprised by this. Over last year, low volume drops and increases in share price are the norm.
Anyone who doesn't believe me can look back at historical trading data
The great thing about all of this back and forth is that come Sepember we will see if final IDE has been submitted or not...and who's predictions were closer to the truth than the others.
I am certain we will submit IDE and FDA will approve, everyone on this board believes this to be true. The difference is in the when. Some believe it is coming soon while others expect several more months at the very least.
Being one of the people who believe it will be several more months minimum, I, for one, hope I am wrong and we submit by July-Aug timeframe (sooner rather than later). Sure hope the cash reserves last until we submit, other wise more shares will need to be sold to keep the lights on.
Time will tell...
Longer meaning months, not hours or days...
To be 100% honest, if I am wrong and we stay above 6, I would be happier about that than price sliding to 5s. Time will tell how this plays out
Certainly possible the longer it takes to submit final IDE.
No need to rush...5 coming back for those who want more shares cheap just wait. As others have said here, likely several months away from IDE submittal.
My 2 cents...we will be lucky to submit final IDE this year
They sure sound confident they will get IDE. I believe they will. The real question is WHEN.
The longer it takes...the higher the chances are they will have to sell.more shares to raise money to pay bills. Mayo and John Hopkins do not work for free...
Fair point...guess my patience is thinner the longer we don't submit IDE
More pet fluff....it is nice that we are saving pets but let's be honest here. The pet side is a drain on our limited cash...every dime and every moment should be spent focused on a single goal: IDE approval.
In my opinion, any time or money spent outside of that goal is wasted time and money.
Appreciate your sharing that great DD with the board. Thank you!
We have seen hints at the potential...actual final IDE submittal and subsequent approval will send our share price on a rocket...to da moon!
We could be waiting another year...hopefully the FDA only asks for these numbers and not any other additional metrics
Do I think the pet side can generate millions in revenue once this company fully develops the pet side? Sure!
Do I think that will save this company and shareholders instead of IDE approval?
No
Time will prove one of us right. If I am to be proven wrong, I pray for a fast and harsh dose of being wrong. May the pet side generate $500k next Q, $1M the Q after that, and $1.5M the Q after that. If that happens, the share price will increase dramatically.
I've only said IDE is only path to redemption because the above scenario seems impossible.
What is POSSIBLE (in next 3 quarters) is we complete all required testing and submit IDE, then get approval. It seems it could be much longer than 3 quarters based in the past, but it is still possible.
Explain how the pet side should be of any focus at this time. Both pet side and human side are money sinks...neither side is making money.
Where is the real money to be made? Human trials! So imo RDGL should be focused 100% on getting IDE approved by FDA. Anything else is wasteful spending of shareholder money. Explain how it isnt if you think I'm wrong
Very possible...
There is value...but over a long enough time span, that value drops.
Agree...we are on a path with feedback from FDA so if it takes several more months to get IDE approval then so be it. Doesn't mean I have to be happy about it...share price will soon be in the 6s again and that, imo, is where it should be given where we are.
I cannot wait forever and most longs can't either. We need IDE approval in near future...meaning next 12 months or so. Hopefully next 6 months or less!
Not really, we will see 6s again soon. Wish it wasn't the case, but watch.
As expected...more testing needed. Looking more like Aug - Sept for best case scenario for IDE application
If we are all honest, this company has missed every time target they have announced over the last couple years. This is why I don't get all excited until I see actual material news...when it comes it comes.
April update coming soon. Not expecting fireworks and hoping we can submit IDE by June or July. In my opinion, that is the absolute best case scenario
Lol. I figure I am done buying more shares as well. May we get IDE submission by June and approval by July.
Time will tell if this is how it plays out. No matter...it is worth holding even if it takes another year.
Reminder for board - the March update from the company was issued on 03 April. I would not be surprised if the April update comes on or about 03 May which is next Wednesday.
Sounds like you need a new Rx ;)
My major concern here is FDA, seems like MAYO is banking on IDE approval sometime in June/July timeframe based on their testing plan, but the FDA doesn't care about that...they only care if we dot all the i's and cross all our T's and do everything just right. We are definitely on the path to IDE approval, just hope the timeline is closer to 90 days vs 9 months.
r,
Michael
Sure hope we hit that!!! $3 would be a dream come true!!
Lol true! I doubt it will be that long. I think at most 9 months until IDE...and when we get IDE the volume and price action of last couple days will be small comparatively
Just got over my cost average today...sure seems like someone knows something. Love this price action and volume. If this could keep going for a couple months I wouldn't complain!
Spot on...even if it takes a few more months. It will be worth the wait
Definitely a possibility
And that PR is: IDE was submitted on _____.
Once we get that, this explodes. Once approved, it explodes again.
I wish, lol. The sooner that day comes, the better!
You should have time to get more in the mid to low 6s...imo. Just need to wait, we won't be submitting IDE for another couple months imo. Time will tell
Hey now...those numbers make me a multimillionaire. Would be a dream come true. Although I would have to keep all my shares until we get to $10+ and I would definitely sell most before that.
Would be awesome to hit $3 after IDE approval.
Seems to by cyclical manipulation on this ticker. Might send over $2,000 in hopes to buy 100,000 shares at 2 cents.
This is a fact. Don't believe anyone who says they are holding shares. Look at the chart and all the promises that were lies.
Money ws made here once upon a time, but this ticker can't fool many more people. The death spiral has started...