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Distributing those tests is in the national interest, and Cardinal Health is probably doing a great job for AYTU, so we'll be hearing an update on sales soon, in my opinion. Besides, the quarter ends in 5 days........
"I'm pleased to inform you today that we have since received a large number of COVID rapid test into our U.S. warehouse and are now released for distribution. We had been expecting these, and while we did experience a delay in receiving the product, I'm happy to say that the tests are now here, and they're going out to customers. Perhaps, made obvious by the fact that the tests are actually here, is the fact that these tests were indeed cleared for export by China. So the tests are in our warehouse, more tests are coming, and we expect a steady supply of Rapid Tests going forward."--Mr. Josh Disbrow, from the May 14, 2020 Earnings call transcript.
Can't laugh at $35 million in extra revenues:
1.4 million test kits x $25 each (a conservative estimate)
Does someone have better information?
Digging into this- Here's what I find: agree?
1) AYTU is planning ahead to grow by way of merger or acquisition.
2) 24,539877.3 shares to be issued: at an appropriate time
3) The number of issued shares remains under 200,000,000
http://www.legalandcompliance.com/sec-issues-new-c-the-baby-shelf-rule/
https://www.investopedia.com/terms/s/sec-form-s-4.asp
https://www.sec.gov/Archives/edgar/data/1385818/000121390020014383/ea122646-s4_aytubioscience.htm
link, please?
AYTU- Best Test in the West...
https://newsfilter.io/a/447cfc50c233e6f6c94e141e30b36da2
Sooner than later, by September 30, 2020,
this ought to double....In my opinion.
18 New Institutional AYTU Investors in 5 weeks:
https://fintel.io/so/us/aytu
FDA list updated today: direct access
Zhejiang Orient Gene and Biolidics are the two test suppliers for AYTU
https://www.360dx.com/coronavirus-test-tracker-launched-covid-19-tests
Positive for AYTU: 28 Antibody Tests were removed from the FDA list today to add clarity per FDA. Both of AYTU distributed products (Orient Gene and Biolidics) remain on the antibody tests list which can be distributed under emergency use. Big positive for AYTU! https://www.fda.gov/medical-devices/emergency-situations-medical-devices/faqs-testing-sars-cov-2
On MSNBC just now, Colorado Governor Polis said that Colorado has opened 34 testing sites around the state of Colorado and that anyone who wants a test can get a test. The tests are offered at no charge to the person wanting a test. He said that the cost of the tests is negligible when compared to the cost of not opening the state of Colorado up..............so, Hooray for A-2....they are A-1!
Here's the link:
https://fintel.io/so/us/aytu
AYTU Institutional Ownership - Aytu BioScience, Inc. Stock
fintel.io
I've heard Goldman Sachs took a long position on Friday 5/15/2020
Breakout coming in my opinion.
Colorado's governor can mention to President about AYTU's-tests.
This week-"Two governors are slated to come to meet with the president at the White House: North Dakota Republican Gov. DOUG BURGUM and Colorado Democratic Gov. JARED POLIS."
https://www.politico.com/newsletters/playbook/2020/05/10/trump-heads-to-philly-489171
Disbrow Testimony before the US Senate this week:
https://www.help.senate.gov/imo/media/doc/Disbrow%20Testimony.pdf
I'm reading, there's a sheriff Disbrow, and Judge Disbrow now, and your Disbrow, Louis, went to jail in 1902, for pushing a woman to the ground.,,,,,Great stuff.....bring more, please.
The Disbrow Brother's History Shows Pharma-Company Building Experience
https://seekingalpha.com/instablog/1031734-vmk-investment-research/4929137-invest-alongside-disbrow-brothers-transform-aytu-acquisition-of-natesto
Here is the clinical-evaluation-report of the Orient Gene test from March 12th. The test was evaluated by 10 different Chinese organizations with 704 total samples:
1. Chinese Academy of Sciences University: 100%/100%
2. Zhejiang University Affiliated No.1 Hospital: 91.9%/100%
3. Ninbo Yinzhou People Hospital: 90.9%/100%
4. Wenzhou Central Hospital: 97.5%/100%
5. Wuhan No.1 People Hospital: 100%/100%
6. Wuhan University People Hospital: 97.1%/98.4%
7. Jiande No.1 People Hospital: 98.7%/100%
8. Taizhou Centra Hospital: 100%/100%
9. Zhejiang Province No.2 Prison Hospital: 100%/100%
10. Children's Hospital Zhejiang University: 100%/100%
Grand total - Specificity - 93.8% / Sensitivity - 99.1% (based on 704 total samples)
https://covid19testingkits.org/wp-content/uploads/2020/04/Appendix-III-Clinical-Evaluation-Report-of-the-In-Vitro-Diagnostic-Reagents.pdf
The Biolidics Test has greater than 95% accuracy.
https://www.biospectrumasia.com/news/54/15878/biolidics-launches-rapid-test-kit-for-covid-19-.html
"EUA submission pending: FDA requires labs and commercial manufacturers to submit an EUA request within 10 days (serological test) and 15 days (molecular test) of completing test validation"......In my opinion, they wouldn't have gotten this far without test results validating the application, now, wouldn't they?
https://www.360dx.com/coronavirus-test-tracker-launched-covid-19-tests
https://www.fda.gov/media/135659/download
Additionally, from page 17:
"FDA has issued an EUA for certain serology tests
evaluated in the NIH/NCI independent validation study, or by another government agency
designated by FDA, that are confirmed by FDA to meet certain specific performance and other
criteria, and added to the EUA."
FDA EUA approval criterium.....let's look it up!
Australia and Singapore have already approved--Biolidics and Zhejang Orient Gene Biotech-- from whom AYTU is importing-- the Serological test kits. These are reported to have over 95% correct data results. The US FDA has also granted EUA, as of today...https://www.360dx.com/coronavirus-test-tracker-launched-covid-19-tests
"These Manufacturers are covered under the EUA granted to the US Centers for Disease Control and Prevention." ......... AYTU is importing and distributing these Biolidics and Zhejiang Orient Gene Biotech Coronavirus antibody tests...https://www.360dx.com/coronavirus-test-tracker-launched-covid-19-tests
Intelsat Seen Walking Out If FCC C-Band Decision Has Low Payout
Feb. 5, 2020, 12:23 PM
New Street says Intelsat could get paid directly from carriers
BI analyst believes plan by FCC chairman is ‘not a slam dunk’
The Federal Communications Commission is scheduled to deliver its position on how C-band spectrum will be reallocated Thursday, setting in motion a directive deciding how the nation’s mobile carriers will go about accessing airwaves needed for 5G technology.
According to New Street Research, there’s a significant chance the C-Band Alliance backed by Intelsat SA and SES SA “walks out of the process” should FCC chairman Ajit Pai choose a fixed payment auction that would return an amount the group can’t accept -- anything below $16 billion. But “there is still the prospect for positive equity value for Intelsat,” wrote Vivek...
To read the full article, sign in at Bloomberg.com
EKSO- with the upcoming earnings release: pre-announced good-news,
the EKSO company is heading in the right direction, and, in my opinion,
the stock price will likely do so as well....my position is: long on EKSO
Nov 15 business update (data from RGSEnergy website):
Oct 16- Nov 15 POWERHOUSE DIVISION
Network size: 346 (+6); Sales Pipeline: $18,452,952 (+ $722,321);
Roofer & Solar Installer P/O: $123,454 (- $17,319);
Backlog: $7,739,579 (- $21,289); revenue $144,652 (- $6,267)
SOLAR DIVISION
Sales added to backlog: $1,026,406
Installation Revenue: $ 636,175
Backlog of signed contracts
as of reporting date: $16,511,600
RGSE can do it, especially considering how vital the Powerhouse 3.0 solar shingle is to our collective home called the earth...one US government contract to retrofit can provide ample push, and RGSE has the network and production capacity to accomplish 50 megawatts in under 5 years.....in my studied opinion.
Over one megawatt--over 18,000 solar-shingles---are-ready to-be-shipped...over $2.2 million-worth of Powerhouse 3.0 shingles are finished and ready to go out on trucks.....from sources close to RGS Energy
Business--Solar Panels to face some headwinds as
Trump Kills a Tariff Loophole in Latest Blow to Renewable Energy
Bloomberg Brian Eckhouse, Christopher Martin and Ari Natter,Bloomberg 4 hours ago
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.
The Trump administration dealt a fresh blow to renewable energy developers on Friday by stripping away an exemption the industry was counting on to weather the president’s tariffs on imported panels.
The U.S. Trade Representative said Friday it was eliminating a loophole granted about four months ago for bifacial solar panels, which generate electricity on both sides. They’ll now be subject to the duties Trump announced on imported equipment in early 2018, currently at 25%. The change takes effect Oct. 28.
The exclusion had been a reprieve for the solar industry, which lost thousands of jobs and put projects on ice as a result of the tariffs. Some panel manufacturers had already begun shifting supply chains to produce more bifacial panels. Stripping the exemption represents a setback to developers building big U.S. solar projects. American panel makers First Solar Inc. and SunPower Corp. will meanwhile regain an edge on foreign competitors.
“The solar tariffs are back,” Tara Narayanan, an analyst at BloombergNEF, said in an interview Friday. “U.S. solar developers cannot buy products with lower costs and higher output as they briefly thought they could.”
First Solar, the largest U.S. solar panel maker, and SunPower both gained in after-markets trading late Friday.
What BloombergNEF Says
“The withdraw of tariff exemption for bifacial will cool down its popularity in the U.S. a little, but not stop the rise of the technology, which introduces improved economics even without tariff exemption.”-- Xiaoting Wang, solar analyst
Developers that have used bifacial panels and stand to take a hit from ending the exclusion include Renewable Energy Systems Americas Inc. and Swinerton Inc.
While bifacial panels accounted for just 3% of the solar market last year, BloombergNEF had projected a swift ramp-up in production as manufacturers tried to insulate themselves from U.S. tariffs.
The trade group Solar Energy Industries Association fought to preserve the exemption, saying bifacial technology held “great promise for creating jobs, right here in America.”
“We’re obviously disappointed,” the group’s general counsel, John Smirnow, said Friday. “We look forward to making sure the bifacial exemption gets a fair hearing” during the solar tariff’s mid-term review process, he said.
The U.S. Trade Representative said in its filing that the exclusion would’ve probably resulted in “significant increases in imports of bifacial solar panels” that would’ve rivaled domestically produced ones.
SunPower, based in San Jose, California, opposed the exemption without a cap, saying that it would otherwise defeat the purpose of the tariffs. “It just means everyone is going to make a bifacial,” the company’s chief executive officer, Tom Werner, said in a Sept. 23 interview.
--With assistance from Joe Ryan.
To contact the reporters on this story: Brian Eckhouse in New York at beckhouse@bloomberg.net;Christopher Martin in New York at cmartin11@bloomberg.net;Ari Natter in Washington at anatter5@bloomberg.net
To contact the editors responsible for this story: Lynn Doan at ldoan6@bloomberg.net, Joe Ryan, Pratish Narayanan
It looks like updated actual average production of Powerhouse 3.0 shingles, over the first 3 quarters of 2019, might have been around 500 solar shingles a week, whereas the stated capacity between Creative Liquid Coatings and Revere Plastic Systems, where both Powerhouse 3.0 shingles are being produced, can be up to 30,000 solar shingles a week. So, it seems, we could see an increase of 60x potentially-- in the number of solar shingles, in weekly production output, as the RGS Energy Powerhouse 3.0 solar shingle really gets rolling nationally and internationally.....from sources close to RGS Energy.
So, What now? Yes, That's a good question: I am sitting on 41,000 shares of RGSE at the moment...
I sold some I bought at 9 cents at a price of 18 cents....between now and December,
I am buying small amounts, of $230 to $350 each month, and in December,
I'll buy $1,000 worth or so.....with the aim to replenish the level of 50k to 60k shares....
yes the company has a good product...2 tv ads, under production-one
wrapped up in the last 30 days, with a 2nd in production October.
Also company has completed house roofs in the 4 corners of the country--
Florida, New York, Washington State, and California .
Rate of production has been estimated at 3,000 solar shingles a day, increasing quarterly.
Columbus took awhile, didn't he....so did the moon missions.
Patience is the key here, in my opinion.
Even Henry Ford had a rough first year....
Let's have some excellence for RGSE's comments, gentlemen.....Production of 36,000 solar shingles in 7 1/2 months is nothing to swear about. The company is building six days a week and is on track for the 50 megawatts deal with Dow to be reached, and there's 20x production capacity yet to be achieved.....
NASA put a man-on-the-moon 50 years ago today.....by contracting out all the work. RGSE has a comparable business model, and, while it took NASA from 1958 to 1969 to get to the moon, I think RGS Energy will "hit a home run" and "get to the moon" with the Powerhouse 3.0 solar shingle in less time.....from the perspective of someone who has followed the solar industry for over 45 years.
A little Comparison for the sake of perspective: In the first six months of the Ford Motor Company, Henry Ford only sold one car. Gentlemen, at least RGSEnergy has sold 3 Powerhouse 3.0 systems in their first six months.
Here's the issue as I am seeing it: Production numbers count, but, we haven't seen them. Revere Plastics, the partner of RGSE for the Powerhouse 3.0 solar shingles production, has stated it can produce 3,000 Powerhouse 3.0 solar shingles a day, which would be great, and a good start, but here's a point to ponder: in the May 15, 2019 RGSE business report- the delivered, installed, and completed Powerhouse revenue was stated as about $22,000, and this revenue was stated as about $44,000 in the June 17, 2019 RGSE update. RGSE said earlier that one Powerhouse system would cost about $22,000. Therefore, can an inference be drawn, that three Powerhouse 3.0 solar shingle systems are "in the books", after the first six months of production? So, while the number of "sales orders with deposits" is growing, can the main question asked be this: how many solar shingles are being produced daily?
3,000 solar shingles a day is production stated to be available at Revere Plastics....when this is reached, RGS Energy will be at $133.8 million a year in revenues. We are about to hit the big time. The current price per solar shingle-(rated 55 watts/hour)-is $122.25 each.
Directors purchasing with own funds shows great faith in RGSE's future, and as purchases were before shareholder's meeting, in my opinion, this indicates no great dilution or reverse split is imminent.
Raising Authorized shares from 150 million to 250 million can be declined this year, yet can be approved next year when it benefits shareholders....such as a "shares declared as dividends proposal" to be put on the voting agenda.
Those who held shares on May 3 vote, not newly purchased shares this week.
Their production-numbers are what matter with this company, because the demand for the product is "going through the roof" --no pun intended! If they can even get halfway to the stated production target, which is 5 Megawatts for the first quarter in production (Jan-March 2019)....or 999 55-watt solar shingles a day for 91 days.....then we are "in business" .......we will see. Hoping for the best!
RGSE -purchase orders with deposits, increased from $275,000 to $4.96 million in last 30 days.........this is not a dreadful problem to have, in my opinion, but something that gives optimism-- that RGS Energy has turned the corner and may now grow positively.