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I don't know...but I'm not complaining!!!
I'm only 2 years in...same quandary. Lots of positive things going for this ticker, but more dilution seems inevitable. We will find out this year if CEO has made another statement that will turn out to be false. That statement is: (paraphrasing) we have enough funding to submit IDE to FDA.
Hope he is proven right and I am proven wrong, but I don't see how he can work pet side and IDE for over a year paying John's Hopkins and Mayo for their involvement and make it to submission without running out of money
Everyone wants this ticker to win, including us. Some people actually think we are paid bashers despite simply posting facts and reasonsble forcasts based on past evidence and I know nothing could be further from the truth. This is my chance at life changing financial situation for the better.
And if I get what I want, cancer patients will be better off. This is truly a win win stock for investors and product end users...we just realize the negative impact to share holders the more shares they have to sell below a dime.
It is what it is... may we see submission and approval of IDE by FDA this year.
If not 3Q, 4th Q. I called 4th Q for IDE submission over a year ago and I will repeat what I said then again now: if it happens sooner, better!!!
Frustrating thing for me as an investor is when CEO says testing is on track...that implies not onky that he has a timeline/schedule, but also things are on schedule. Well, if that is true...share the timeline with investors!
Agree with you...hopefully Dr K gives us enough information on testing status.
Plenty of time to buy shares cheap imo...
Share price will reflect the market response...
If share price does go much higher this year due to pet side I'll be a much happier camper. I'll be the first to admit I was wrong about pet side being able to make us money...time will tell
FDA is the ONLY play to make money on this ticker...imo
Anyone wanting more shares just wait...we will be in the 4s soon. Hope we get some good news on animal testing in next couple months and IDE later this year will send pps upward. Fingers crossed to IDE submittal and approval by FDA this year.
In a few weeks that shouldn't be an issue... unless some news comes out to have investors buy which will increase pps.
Agree....RDGL will need to sell more shares prior to IDE submittal to FDA. CEO should not have said that they had enough funds to get thru IDE as it makes him a liar. I don't think it is malicious, just ineptitude and lack of business experience.
All points are spot on
Agree. They have a great product that works. They just need to provide the timeline of how long the testing will take. Then they need to stick with timeline or update sharehokders as soon as it changes. If CEO can get IDE submitted to FDA in a decent amount of time...we all win. Shareholders and cancer patients alike.
Sadly, the longer the CEO takes to get us to that point, whether he is distracted by pet side or just inexcusably slow to achieve IDE approval by FDA, the higher the chance is this product is lost and shareholders are left holding bags....worthless bags
Nothing fake in that post...just sayin
That is the hope of every long. The sooner the better!!!
Usually, most stocks, a day or a few after the cc they post a transcription of it....
What is the timeline? If it is on track, when should testing be completed? Wish our CEO gave shareholders details!!!
The update is actually pretty good. Still no timeline for IDE, hopefully this is our year.
https://www.radiogel.com/2023/01/03/vivos-december-update/
They can't handle the truth! Also, I may not be able to handle the truth that our product is a 10 and our CEO is a 1....many great products never hit market due to poor management of companies.
And I was scoffed at when I said 4th Q 2023...and now it appears we will be lucky to submit by 31 Dec 2023. Time will prove who had the best guess....
Sure hope so, but based on what I've seen over last 2 years we have another year to go.
Hopefully, I'm wrong and you are right!!!
Who knows...maybe we fall to that level by June. All depends on updates and how quickly or slowly we move towards IDE submission
100% agree. Sad, but true
Imminent? Based on what? We haven't even started testing on animals yet. We are on a good path, but we are traversing it at a snails pace
Only 230k here
Too focused on pet side. Ugghhhh
Sad but true. After being in this for 2 years at this point I can see that the CEO isn't very smart in business. If he was business smart, he would focus 100% of his attention on IDE. All imo...
Wishing I would have closed when we last hit 9.5 cents...ugggh
Agree with that...
I'm very happy that they are updating monthly as planned. Disappointed that our esteemed leader is focusing on pet side so much as "This will require significant follow-up effort." That means time and money. Would be better to minimize the progress of pet side until IDE approval so they can sell fewer shares for more money.
Regardless, this is the path we are all on. Lucky if we submit IDE in Dec 23 but at least we should see submittal and approval at some point.
Fact
He'd better not change the formulation again either
We will only move up when we get a schedule for the animal testing or or we submit the IDE
I expect monthly updates - there is no time off for holiday months. Why would anyone be ok with no update for even 1 month?
Agree with this 100% admittedly I do get frustrated with snails pace but this appears to be the most legit OTC ticker I have come across.
Hoping we hit $1+ once we get IDE approval ??!!!
Agree...share price will sink until we get a more definite timeline on animal testing and IDE submission...likely several months away
Hope you are right
As I said long ago and was ridiculed for it...Dec '23 is likely our IDE submittal month imo. Now if things happen faster, good for all us longs.