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Makes no sense to bail. A experienced person advised me that there is value in what they have approved
even if the PMA doesn't go.
I can understand Thom needing another job; I cannot understand why he wouldn't/couldn't complete the CEO
job for which he signed on for. Doesn't he have like 1.4 Milllion shares or so; that should seem like some motivation.
Wonder if this hasn't been a pie in the sky gig for him; part time lottery shot??
That sounds like the right question.
I do not know securities law but it seems like this whole board is complicit in this clear incompetence.
I have "only" been in this 3 years; but for three years this "carrot" of filing for the PMA; for continuous
calendar periods; it was always "we are getting close; need this; need that" but no assurances.
In three years an application cannot be properly filed with a government agency?
There is something so seriously wrong that is just does not compute.
I can understand why Thom would need another job; I cannot understand how an application process
is taking years. SHXT OR GET OFF THE POT!
Alarming if this is current on his employment; a CEO we are relying on to get an important requirement accomplished has another job. Probably why the sell off today. Who, if anyone is managing this operation? Not only is nothing getting done; Thom is sinking the ship as he bails. Nice work Thom; you are a real piece of business.
OR WHAT IS YOUR EXPLANATION MR. CEO?
YOU CAN'T COMMUNICATE?
HAVE YOU BEEN FIRED FROM UEEC?
WHAT IS GOING ON?
So true. With no communication coupled with absolutely NO results; one can only assume they have encountered obstacles beyond their ability to handle. Unless proven otherwise; this leadership and the partners they have chosen (paid) to accomplish the needed tasks have not demonstrated the capacity to get the job done. In most cases of "failure to perform" those responsible are fired; resigned; or voted out. Outside contractors are replaced.
This management team obviously has a vested interest to get an application underway.
Why it cannot be accomplished is simply mind boggling!
FIDUCIARY RESPONSIBILITY! ENOUGH SAID.
I have a friend; very large shareholder and retired from the medical field; he has called several times and left messages; none of which were responded to.
My guess is this board is the most reliable discussion board on this and many other companies and it is probably monitored by the company; at least periodically.
It may be one of the best venues to get our messages of dissatisfaction across.
UNTIL PROVEN OTHERWISE; THIS MANAGEMENT TEAM CAN ONLY BE RATED AS INEFFECTIVE AND INCOMPETENT! IT IS IMPOSSIBLE FOR INCOMPETENT PERSONNEL TO MEET THEIR FIDUCIARY RESPONSIBILITIES. LEAD, FOLLOW; OR GET OUT OF THE WAY. BEEN IN THIS FOR THREE YEARS NOW; AND THEY HAVE ALWAYS BEEN IN THE PROCESS OF SUBMITTING A PMA APPLICATION TO THE FDA. THEY MAY HAVE SUBMITTED ONE UNSUCCESSFULLY AS THEY MET WITH THE FDA ON JULY 13 AND IMPLIED WAS THE FDA GAVE THEM THE INSTRUCTIONS AS TO PROPER SUBMISSION.
WE ARE THEN TOLD ON THE OCTOBER 3RD RELEASE THAT UEEC WAS ACCEPTED FOR THEIR "FAST TRACK" AUTOMATED PROGRAM.
IF THIS IS "FAST TRACK" IT IS MIND BOGGLING. REALLY! WE ARE "RUNNING" THE RACE ON A WALKER.
Yes, I am sure we all agree. I gleaned from some of the last releases that all they needed was some packaging and product safety issues in the manufacturing process and they would be a go for submission. Are there really this many difficulties? We see millions of items successfully packaged thru out our nation everyday. What is the problem? What are these obstacles that this management cannot resolve? This management team has one mission; and month after month they cannot successfully accomplish that mission. WHY CAN'T YOU DO THIS MISSION - MANAGEMENT. You get compensation; what do you do???
In my life's endeavors I produced or got fired. How much longer will this management team accept this PATHETIC performance both in producing results and in communication? Lead and get this done or GET OUT OF THE WAY!
This implies that an application for PMA is into the FDA; is this the case? I must have missed that notice.
It is now apparent that one of the most complex and difficult tasks in the universe is to submit an application to the FDA. Concurrent with that complexity is the capability to properly package medical supplies; presenting issues that cannot be readily overcome. Or is it incompetence? Asking for a friend.
Totally agree. If there are valid reasons for the delay; they need to be explained. If not; incompetence means a new CEO by the major holders.
Nasa could have done a moon landing in the time they have fxxked around.
We will get information in "mid July" has now morphed into mid September. Stupid, incompetence; misfortune or ???
Since last July's FHA meeting there has been one major requirement to be met; file a PMA application. How is it possible that they cannot accomplish this task? Fourteen months and still not filed. Astounding.
A projected event for "Mid July" has now passed as we go to Mid August. One wonders how packaging safety and sterilization could morph into such a problem. This sure stinks to high heaven. How is it possible to mess things up at every turn. ASTOUNDING!
Ditto. We have heard about the Labor Pains; show us the baby. Management skills???
CEO Thom's projection of mid July has missed again. Can he make "late July"? Are they capable of "management"?
In the absence of mitigating information; it appears from known evidence; that CEO Thom is either snakebitten or an incompetent leader, or perhaps both. He needs to produce or get out of the way.
Could have been an ill advised market sale. Pretty dumb.
Two sources are reflecting 238.4 Million.
What is the source for your #?
Yep, that should do it.
It is difficult to believe that submitting an application into a federal agency could conceivably have this degree of difficulty. There is a serious defeciency here. As the quarter ends; we deserve an explanation!
They met with the FDA 7-13-2022 purportedly to ascertain what needed to be done. Here we are about 8 months later and a amended application has still not been submitted? JUST WHAT IS THE FRIGGIN PROBLEM?? Has any progress been made?
Amazing; nearing a decade now. Obviously there are forces blocking this for whatever reason. Wonder why the medical community does not question this blocking action that has been underway? Do payoffs go where necessary for the roadblocks?
Five plus years of labor pains and no baby. There has obviously been a lot of stumbling blocks in this journey. Hard to comprehend such a delay or ineptitude.
"A Few Days" sounds very good.
Great! 2022 or 2023 estimate?
Very good; hope you are spot on.
Is this now the start of a completed piece of business at Phase One Step One; or is this a final wrap up of the final issues that needed to be addressed?