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In a way the petitioners are idiots! because by the time the judgment comes out the company will be history and the petitioners will sadly end up paying their respective lawyer fees!!!! :)
accept Calamre stock in lieu of cash? haha! If that is the case they might as well accept photocopies of greenback!!!!
..Well, ASCO is coming! For a good for nothing Ass Co. the ASCO annual meeting is the solution!!!!! btw ASCO comes every June and Santa Claus comes every Christmas!!!!!! :)
Alas! The fascinating annual report hopefully will arrive mid-April! Keep you eyes open!!!!!
'The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report of transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date'
Hope he is NOT MRS. CM to have a direct connection. I bet if he owns stocks - those are only as stock options that he can't cash anytime soon OR may be never because the trigger price is far far away!
...and keep your 'eyes wide shut' from expecting or seeing any quarterly or annual reports until then - that will ONLY be presented at the ASCO meeting! :)
Powder at best is just a paid pumper - doubt if he ever owned a single share! Now that the company is heading to BK and cannot pay him another cent - he just walked away!!!!!!
At the 2016 Annual General meeting of Shareholders CM asked the Big Question of Shareholders in a powerpoint (?) presentation : What has been the management doing for the past 13 months?
And he answers: see the link – SO INTERESTING – IT WILL BLOW YOUR MIND AWAY!!!!!!!
https://www.sec.gov/Archives/edgar/data/102198/000161577416008506/s104745_ex99-1.htm
That was 5 months back. The same Big Question of Shareholders remains today: What has been the management doing for the past 18 months? There is a simple answer: DIDDLY SQUAT!!!!!!
He was hired by Radio Shack! 'you ve got questions we ve got answers'!!!!! :)
'a coherent and credible story'Yeah right! He was posting here relentlessly for over a decade with so many a coherent and credible stories. Every other year he claims 'this will be the blockbuster year for calmare' - just for the sad realization that at the end of the year the share price gets busted. Well, then the blame goes to tape painters!!!!!! :)
Looks like the one shill we have has gone mute!!!!!
Is it 'The Emperor has no Clothes' OR Is it 'Liar, Liar, Pants on Fire'?
https://www.sec.gov/Archives/edgar/data/102198/000161577416008506/s104745_ex99-1.htm
I always hated the posts of RTZMD and Vaffan Culo (may be one and the same person, who knows!) thinking it was paid bashing. But now I think the theme of those posts highlighting this company as nothing more than a scam looks so real! The CEO is the best liar in the world and the BoD made of a bunch of crooks. How funny a physician who got busted for hoarding and selling narcotics was hired as an executive employee and for what? Oh yeah, for doing regulatory filings/submissions to get FDA PMA device status for Calmare and insurance reimbursement - BUT with what data? Well, 100s of testimonials bundled together!!!!!!!!!! :(
This page is temporarily unavailable. Why?
Is this company dead? Not a single PR message for over 6 months!!!!!
Americans might use far more or far less opioids than anyone else in the World – and that is allowed by the govt. statutes and paid by insurance companies. What has that to do with CTTC or its share price or the 400 Calmare machines rusting in the warehouse, when it has consistently failed to meet the FDA and insurance companies’ requirements? Even Medicaid rejected the claim that Calmare is any superior to a TENS device. Hope one day all Americans will give up opioids and switch to Calmare Therapy and flood the courts with far more insurance reimbursement claim cases than anywhere else in the world!!!!!!
According to the all knowing guy - the pain management/drug industry is selling products at $ 35 Billion a year and just a 1% share in that industry will make CTTC a fortune company. This was stated several years back. Just wondering if the pain management/drug industry world wide has shrunken more than 10000 fold these days!!!!!!!!
There are a million reasons and justifications as to why so- BUT only one guy in this board knows that. The rest are just dummies!! And it looks like the all knowing guy is vacationing down south in a resort dreaming that tomorrow or day after the shares will be selling at $100/share (well even now it is selling at more than 100 yen/share is the only consolation for the dummies!!!!!!!!). Hope the new President will revise the exchange rate as 1 Yen = 1 US$ soon!!!!!!!!!!!!!
I think most of these shares are sold to private investment companies for paying the salary of CM, BoD, lawyers and sharks like D’Amato (the chief medical officer who pockets about 300k/year –I don’t know for what!!!). Bard Associates, Inc. was issued (in other words they bought straight from CTTC) 3.75 million shares per ihub Statement of Ownership (sc 13g) dated 02/14/2017. This again shows how cash strapped the company is and how big a bluff is that 250k monthly payments from GSA to the company!!!!!!!!!!!
Per ihub there are 28.79 million shares in issue (just a 10 fold increase in 10 years OR a 10 fold dilution). Just keep an eye on how rapidly this number is going to change in the coming days!!!!!!
Though I voted against all - and in particular this one 'TO RATIFY THE APPOINTMENT OF MAYER HOFFMAN MCCANN, CPAS, THE NEW YORK PRACTICE OF MAYER HOFFMAN MCCANN P.C. AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2016.' It was only today it struck me that their service was limited to 2016 and the CPAs walked with 100k for 2016. Could be true that there are no more paid auditors for the company. One reason why there is no annual report or 4th quarter results (The shareholders must trust the words of CM 'The first GSA payment will be in January 2017 and thereafter successively 250k every month'A guaranteed income of 3 million YEN a year for the next 5 years hahahahaaaaaa!!!!!!). This way there will NOT be any financial results moving forward! What a Joke - the CPAs walked away with the last dime left!!!!!!
Looks as though you are one among the BOD give such assurance!!!!! Are you? OR are you just passing gas like that February double blind study results!!!!!
The Court order pertains to that particular case - it is not a blanket order asking all insurance company to reimburse for Calmare nation wide. This way everyone undergoing the therapy will have to file a case to get the money!!!!! You think that is an attractive option to patients? If so, then why are the 400 Calmare machines sitting in the warehouse for a decade now? Why did the company fail to get a single payment installment from the highly hyped GSA contract to date, where the question of insurance reimbursement doesn't even exist??
soon it will be 1 cent or less and CM will be issuing and selling billion stocks a month to keep his salary!!!!!! what a joke!!!!!
As of today and in the foreseeable future double-blind controlled clinical studies are the only thing FDA and insurance companies are looking into. And that is why the company shares are on the death spiral. Cut that crap, stop being the brooding hen trying to hatch rotten eggs!!!!!!! You tactfully dodged my other questions too!!!!
I should say 'Zero Scientific merits that convince FDA or the insurance companies'. BTW Some random research publications done by independent researchers (these are not proprietary to the company) claims benefits and even those fall far short convincing the FDA or the insurance companies!! You call me liable or whatever at your pleasure, but that doesn't help the pathetic state of this company. So if CM bluffs the first installment payment from the GSA will be in January of 2017 to the shareholders, do you hold him liable or what? Are you paid by the company to do this pumping? You claimed that 2 double blinded study results will be available in February of 2017 to everyone reading this board - are you now liable for transmitting and publishing false and misleading info?
Sorry! no more gamble with this company. I will not waste another of my precious dime, nickel or cent buying one more share!! I am just waiting for its funeral, to start my tax write-off!! What an Irony - The company that claims to have the best pain management solution on planet earth has been giving its shareholders the worst pain and grief for almost a decade!! :(
CM will continue milking this cow until it dies and walk away with enough money to hang arounduntil he finds a job in another such scam company! We might still end up in pumpers with 100,000 testimonials!! This company has zero scientific merits and will never be able to afford a clinical trial at its current market value!!! Painfully, I call my investment on this company a write-off!!!!!!!!
Sadly, even if there are 100,000 testimonials - these are not regarded in anyway as acceptable scientific facts neither by FDA nor by insurance companies.
I have all the facts - the company has proved that the 400 Calmare machines that has already spent a decade in warehouse will continue to do so for another decade or until the company gets defunct!! Tell me did this company get any money from the so called $15 million GSA contract so far and if so how many machines were sold through the contract? If NOT why?
Who did you mean by 'professional spammers' - I am a shareholder going through the pain. I always pray let something good happen to this company and at least that way the share price will go up a little bit and I can get out with less pain. True you can can say 'Calmare is the best pain solution on planet earth' BUT then why are there no takers? Answer is simple: there is not enough scientific data! Any machine stored unused for a decade ore mor will have its own defects due to disintegration. Ever noticed plastic wares including electrical cords becoming brittle and breaking up easily if stored unused for several years. Yeah -right! Calmare machines are like liquid nitrogen stored frozen embryos - good for a billion years in the warehouse!!!!!!
BTW where is the 4th quarter results and/or the annual results report for this company? Why are the 100k/year paid auditors not doing their job? OR could it be that C. Mir and BoD (the conspirators)are deliberately delaying the auditors doing their job to get few more months of pay by fooling shareholders?
'They carry it on their books at cost $4,000,000 while the retail value is over $40,000,000' - means they have 400 calmare machines as hidden inventory that is rusting for 8 years or more in the warehouse! Which idiot will pay $100k for a machine that is worth $10k and was rusting for 8 years?
FDA approved this several years back as 510(k) TENS device. What other approval are you talking about? You mean approval as one of a kind unique PMA device? That needs a lot of double blinded clinical studies and data and as of now there is NADA!!!!!!!
That is even more funny! Clinical studies publish the primary outcome/endpoint as and when it is available (because that matters the most) without waiting for the completion of secondary outcome/endpoint. Something fishy!! - Think, if the primary outcome is unfavorable who cares for the favorable or unfavorable secondary outcome/endpoint.
And right 5 months is not a long wait, and who knows the August 2017 update will move the date to August 2018??
This company started Calmare business in 2005, and 12 years down the road is still at ground zero, and some folks still believe it isn't a long wait!!!!!!! :)
Funny it takes more than 3 months to crunch the data of 58 subjects enrolled by Brooke Army. Looks like the study was a flop and no one is therefore investing more time!
Total lack of due diligence on the person posting about the date when clinical trials results will be available -don't know why that person continuously keep justifying the lack of performance of this company. Is he an insider? Total lack of ethics on the part of the CEO who just bluffs. This company is paying its auditors about 100k a year in fee and yet fails to put forth timely quarterly OR Annual reports - why? I remember the CEO bluffing in a 2014 December press release or annual presentation that the GSA approval will happen in a few weeks - the fact is that it took close to 2 years, and even to date 0 $ realization from that!!!! I don't know what made me buy shares of this company when it declared it sold 100 calmare machines to Italy (and later just to realize it was a fabrication of one of worlds best liar J. Johnson) - The way it goes, C. Mir might even prove to be a better liar than J. Johnson. Fooling the shareholders for self subsistence and accumulation of personal wealth - that is what the CEO & BoD and its few employees are doing at best, shamelessly!!!
Talking about the sides of the story - Someone posted in December 2016, that two double blinded clinical trials (one from Johns Hopkins and the from an Army or Veteran (?) hospital) result will be published in February. February of of which year? I thought it was February of 2017 - well that is no more!
An annual shareholder conference (2016) ppt presentation posted by someone, Mir claimed the first payment installment from some kind of a Govt. contract worth $15 million over several years will be in January of 2017. Well January of 2017 is long gone! Anyone got a clue if this company got the first payment installment?? Or did Mir mean January of 2018 OR Some other January??