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.
Absolutely correct. Look at OWC* they have nothing but rumors of a product, no sales and revs, and they are trading over .30 cents. USRM has actual revs and cash on hand and trades around.03, makes no sense at all. With a little good news this should take off.
I couldn't care less, as long as people are spending their money on it and USRM is making a profit.
People who are expecting earnings, in the next couple of days, should consider that the quarter just ended yesterday. They will need time to compile the numbers and make their calculations. I wouldn't be surprised if we didn't get earnings until sometime next week.
Using your logic...wouldn't it then make sense for them to announce that they are pursuing RMAT again, once guide lines are established. That would create another opportunity to profit.
Buy Buy Buy
Of course they will pursue RMAT once guide lines are final. What other choice do they have.
I can't believe all the people whining. Take a brake!!
Have some patience, it's only been three weeks since the RMAT announcement. Give them time to make deals and sign contracts, in Dallas. These things take time. Maybe they will have news around the same time as the Q. Maybe before. USRM has revenues, look at all the otc stocks that don't, (OWC*), and where some of them are trading at. The street will wise up, and the share price will adjust accordingly.
So this was trading at .039 and some idiot sells a couple thousand shares at .036. Stupid!
People have forgotten what took this to three, it wasn't just about the cream. If people look back they will see that there was a story about an up coming etf, for weed stocks. OWCP was to be included in this etf. The hype over this caused many weed stocks to soar.
I disagree with your comment, but"Bernie Madoff" has me roll on the floor laughing my azz off.
Very good post! The dust needs to settle so people can start to see clearly again.
BS!! They had no way of knowing how many times the FDA would request more information, thus adding to the cost.
USRM didn't do anything wrong here, yet they are being punished. It's the FDA and their extortionists policies that have made it so expensive for USRM to continue jumping through the FDA hoops. It should be noted that USRM can still receive RMAT status, they just refuse to be extorted any longer. Good for them! I wonder if, deep pockets, big Pharma has anything to do with this.
The room already burned. Let the rebuilding begin.
Why is everyone getting hung up on the 60 days? The FDA doesn't have to take 60 days to decide. They could decide at any time, especially if they had already been working on it and just needed additional info.
Correct, the FDA doesn't have to take sixty days to decide. Now that they have the information they requested...who knows.
So what! You wouldn't Waite that long to be a millionaire? I sure will!
It's not over due at all. Don't you even know that the clock rest almost 60 days ago?
Probably a way to let their buddies, and anyone else who has been paying attention, that news is coming soon.
It seems that they can't pay their obligations.
There are really some scared idiots in this. Oh no the new health insurance is going to ruin this stock! Really? Do people even know what the final bill will be? The republicans aren't going to change much of anything, there just as corrupt as the dems. This is an awesome buying opportunity.
USRM has told us nothing about the deals specifics, I wonder why.
Wow, you know the future...when will this all happen...what are the winning lottery numbers this week. Lmao
The fact is that the credit line hasn't been verified, as of yet. Perhaps they want a lower draw down price, considering how the share price has dropped.
I think people are waiting for conformation of the financing before they jump in here. IMO
Does USRM have to confirm in an 8k, the details of the five million financing deal?
You're assuming they won't. Who's to say the FDA won't request additional information. We don't even know what the additional information was.
Why do you say that? The company said last week that the clock reset when the FDA asked for more information. That means that the earliest we will hear anything is late May early June.
This is dead money now. Come back in six weeks. Sucks!
I think the patents are a legitimate concern. Provisional patents are only good for one year. If they don't apply for the regular patents within that time, the information becomes public. Anyone can then take that information and patent it as their own. I had a provisional patent years ago and that was the case. I am also sure that you couldn't extend or renew the provisional patent. If this is no longer true, by all means please enlighten me.
Nothing has changed here, people are just impatient. Relax, news will come when it comes.
They will tell us when they know, could be anytime.
They didn't report 70% efficiency. They said "up to 70% ". This is going down because the company has been vague in reporting the results. They also haven't provided any proof of what they say. If this company has such a promising cancer treatment, as some have said, why are they concentrating on a psoriasis cream?
Well, that doesn't answer my question. Perhaps you don't know. The reason I asked is because in one of the 8k releases, they started that they were testing on healthy skin to study the effects. Has anyone seen anything from them stating that they actually tested on psoriasis. Please provide a link. Thanks
This may be a silly question, but have they actually tested the "psoriasis cream" on psoriasis? If so, does it cure psoriasis, make it better? Just wondering.
I don't understand why they put out that PR earlier this week. They made it sound like they had the efficiency results, so why not tell us. The only thing that makes sense is that they need more time. They didn't want to say it would take longer, because they knew that the sp would tank. If the efficiency numbers were close then why release that PR?
I bet the Mms are really worried. Lmao
Relax people...this was just some profit taking by some people, whom had huge gains. Some, panic sold, because of this, causing a bit of a chain reaction. Nothing has changed, this will recover. Imo