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Please try and email again. I'm thinking maybe Tom's email did get hacked. I'm getting suspicious about this whole thing. Nothing specific was said. I'm not trying to prompt trading just curious wtf is going on and taking so long. Getting independent responses might nail this down better.
twood@remsleep.com? Please email him again. I didn't preface email with any disclosure warning. I kept my questions broadly general about the health of the company and the 2020 calendar year. I'm not a pump and dumper or day trader. I was just curious about the release of the Deltawave and got cryptic general responses. I didn't get the impression RMSL intends to leave the country. I wasn't sure I would get any reply at all. Maybe someone hacked the email account? This is not investment advice.
I did get a response from twood@remsleep.com. I'm not his spokesperson nor claim to be. Best probably to politely email him yourself to satisfy doubts. Something should hopefully happen by end of year. What that is I don't know? I'm definitely biased due to being burned by an old CEO before with a very similar narrative and schedule(or lack of one).
Tom did reply to my email. He said REM Sleep Holding is doing fine.
dvice might be right about this thing in early morning posts.
Friday's volume wasn't enough to move the price? There is some weird price action. Looks like a shakeout with strategic silence. I know it's OTC but this was sold as a company of integrity and more than a pump and dump.
Not averaging down with the lack of public shareholder press releases. Already deep underwater on this.
Tom needs to announce Missed MDUFA Decision Communication that identifies outstanding review issues if available. Maybe Tom died of COVID?
Oct 23 was a repeat of Oct 16 as far as trading days go. These kind of volumes with no price increase, added to the strategic silence, amount to an effective shakeout in the best case scenario of 510(K) approval...
Same boat. We must get the 510(K) status out. Good or Bad. I'm not sure when the 510(K) number is assigned in the process. There are a lot of fields on the database form. If there are any legal means to obtain and leak the 510(K) status on twitter, we need to bum rush this thing. This was supposed to be the year and the year is almost up. Getting dribs and drabs in SEC filings is not shareholder accountability.
Hopefully you're right. I'm deep underwater. I'm biased against old CEO's. Had an old CEO do a play hobby company for a retirement hobby in the name of serious product development. Took us for total chumps with this same ready to ship narrative until shipment day came and went and kept going years later. I had to experience the deception first hand to believe it. From a skeptics prospective, this is a great way to disappear a company with no accountability. In a nutshell this is a story stock without a story/narrator.
SEC false promotion? Is there an SEC source for that? This thing is fading away, maybe on purpose. It has run at very convenient times, and been smashed at other convenient times. Not sure what's going on. This thing was finalized down to the packaging last year, ready to ship.
Weird price action. Big volume. Price manipulation 0.003 - 0.004
Something strange with this thing. What got his this up to 0.0038 with a small order?
The problem is there were at least 100 days from November 2019 press release to the COVID pandemic. This thing was packaged in boxes?
Look at the timeline for 510(K) application process:
Day 1: FDA receives 510(K) submission
By Day 7: FDA sends Acknowledgement Letter OR FDA sends Hold Letter
By Day 15: FDA conducts Acceptance Review
By Day 60: FDA conducts Substantive Review
By Day 90: FDA sends final MDUFA Decision on 510(K)
By Day 100: If MDUFA is not reached by Day 100, FDA provides Missed MDUFA Decision Communication that identifies outstanding review issues
Must be my browser.
Where did all the links and share structure info go from the main page?
That's what I thought last year at this time. There is no floor.
Still on FDA SRO list. Updated Monday. I'm all for not pumping the stock but there should be updates to support the 0.01 floor. Breaking through that floor with the 0.005 offering killed this story stock.
[url][/url][tag]https://www.accessdata.fda.gov/scripts/SDA/sdDetailNavigation.cfm?sd=srolist&id=B20E4575FF8B157BE0530D98C30A0F65&rownum=1 [/tag]
Hi John,
That's great to hear you received a Deltawave mask. I thought sleep apnea CPAP would be a huge market with much left to be desired from the old designs. The website only has pre-order prescription:
A complete and accurate CPAP or APAP prescription must contain all of the following:
CPAP: Continuous Positive Airway Pressure, or CPAP
For APAP: AutoPAP, APAP, Auto Adjusting or Self Adjusting CPAP, Auto Set, Auto CPAP, Continuous Positive Airway Pressure or CPAP
For CPAP: Your specific single pressure setting: ___ CM/H20
For APAP: Your pressure range from ___ to ___ CM/H20
Your physician's signature
Your physician's contact information (including fax)
The patient's full name
Valid date
I don't intend to pry for personal information but you sent a doctor's prescription to Tom and you are now testing the Deltawave mask? What are your first impressions of the Deltawave mask?(Quality, Comfort, Value)
Old CEO and lack of press releases are weighing on my mind. I've been burned by an old CEO before that used shareholders as a pension plan. Tough lesson to learn. I fear this is a repeat mistake.
Someone needs to poke Tom for comment or this thing ain't moving in a real way.
Floor under stock price with updates from management? This thing should never have been deep under 0.01. Has anyone received a personal email between late July and now?
Updates before SEC filings? I wish there was some engagement with retail investors that share the vision of getting deltawave to market.
Thanks for sharing John I've been deep under water on this since March and held on thinking these guys would come through.
Did Tom say updates were coming in a press release before the 3rd quarter 10q filings? The silence gives the impression they might walk away.
I received an email reply from the FDA saying they can't comment on the status of EUA approval. This seems stuck in the slow lane. Lots of EUAs have been granted since March. Is this an elderly CEO walking away?
Notice the price at 0.003? End of session return to 0.003.
See that $5 buy at 0.0034? What is this about? Feels like price manipulation and/or shakeout/waitout. Price restored to approx. 0.003. The FDA has Emergency Usage Approval email COVID19DX@fda.hhs.gov for questions. Would it be worth asking about Deltawave? Radio silence from the company.
[url][/url][tag]https://www.fda.gov/medical-devices/coronavirus-covid-19-and-medical-devices/contacts-medical-devices-during-covid-19-pandemic [/tag]
I've been watching the daily chart for months. It seems a market maker is throwing a couple bucks at market open or market close to keep the stock price over 0.003. I just find it curious. Anyone else have any thoughts. With the lack of press releases(only reports) , why is this stock not at 0?
Anybody notice market open price bid up, and market close price bid up?
Yes, the lack of updates is very frustrating. Maybe it is stock price suppression? They are on this months FDA SRO list:
[url][/url][tag]https://www.accessdata.fda.gov/scripts/SDA/sdDetailNavigation.cfm?sd=srolist&id=AFDA145AA1041FCAE0530D98C30AADDE&rownum=1 [/tag]
I was starting to think this deal was a fly-by-night operation. I think I found the LaminAir CPAP Interface 510K approval link that was referred to in the May 4, 2020 Press Release:
[url][/url][tag]https://www.accessdata.fda.gov/scripts/cdrh/cfdocs/cfPMN/pmn.cfm?ID=K080516 [/tag]
I believe it was under the REMGENIC LLC brand in 2008 #K080516 under Russell Bird the other founder.
These guys have approximately 17 510K approvals going back years between the brands:
REMGENIC LLC
INNOMED Technologies INC
RESPCARE INC