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Mister Tibbs, I haven’t seen you post here before, so welcome. Yes, he seems to be right a lot but here’s the rub. More often than not he appears to have non public information.
I guess anyone can do the same thing given that observation. He likes throwing it in peoples faces. I like to challenge that.
Good day!
I just noticed this. As of the date of this 8k, the date of the FDA meeting has been changed to 7/13 and there have been “bo new requests for information”!
https://www.sec.gov/ix?doc=/Archives/edgar/data/1096938/000147793222004276/ueec_8k.htm
Brian Thom is the right person running this company. His prior expertise is exactly what’s needed at this juncture. I’m confident he will get us the most for the company post approval. It’s obvious that the most longs are biding their time and not doing a lot of posting….just waiting for the next part of the journey to unfold.
You got it right, as Always.
It’s small change for him. Next step…the “meeting”,
Yeah, this is the SEC decision relative to their past complaint. I agree that now we are, as a company, free from this and nothing should stop us from getting to our goal. Twenty digits crossed!
Ok, thanks jhersh for passing this on. It looks like there’s a settlement with the SEC. Now, the company can continue moving forward towards approval. 7/6 is coming soon.
GLTA longs.
I understood what you meant. Some people can’t get out of the way of their own hubris to actually understand a point.
Yeah, it’s interesting and encouraging that it was a specific date. It is interesting for the use of the word “accepted”. It seems like that sentence is relaying some sort of “equality among a negotiating process.”
At any rate….all eyes will be on 7/6.
If all is good, maybe our celebration will be bigger than the 4th.
Ok…we have a date with the FDA. One step closer.
We were from the start….
Second on me…
Yeah buddy!
“Lookin’ good Billy Ray”
In Maryland we say “AIN’T THE BEER COLD”!
You bet,
Cheers!
Interesting article on Benzinga.com noting insider buys on 4 penny stocks including UEEC. This was in the recent 8k. Here it is:
https://www.benzinga.com/trading-ideas/long-ideas/22/05/27075238/executives-buy-around-5m-of-4-penny-stocks
See Sporty.
Hey Sporty that is good, confirming news…..just a matter of time.
Always, I agree with your perspective. I’m thinking we are closer than Waves would suggest. At this point it’s all administrative with no new product related inquiries in nearly 9 months. None of us knows when it’s gonna happen. I just believe that it is gonna happen and the wait will have been worth it.
So Wave…what is this new major amendment?
Possibly, maybe it’s that “nudge” to get them moving.
Thanks my friend. The long journey may be soon over with much excitement! Best to you !
Great news!
Welcome SportyNorty!
My vote for informative post of the year…bravo!
Good one! HA!
I love watching you do it…lol
Life is never fair, Chris as you know.
I don’t disagree with you. Let’s hope it’s the former. There’s also a tactic of buy and bury. It happened with one of the companies I used to work for who will remain nameless.
I agree with everything you said. My concerns are relative to the influence that big PHARMA may have on the process. When there’s talk about a “disruptive technology” that will impact market share for the entire hemo-stat segment; there’s more than enough interest in protecting their book of business. Let’s hope that this influence has little effect on the final outcome of approval.
Hey band aid, your guess is as good (or bad) as mine. I’m thinking that by EOM they will have everything in…for now. So, they schedule a meeting to go over everything..4 weeks… they have the meeting and if there are no new questions…then give the powers that be to come forth with a decision. That puts into June/July. If there are more questions then it’s September. (I’m gonna stay positive and not think about that)….
I’ve been thinking June/July based on the presser. That’s if the don’t have anymore questions. Fast track isn’t possible or we’d be approved already.
Yeah, the original HemoStyp is only the initial pathway into the surgery market. There will be several offshoots including the gel, trauma bandage, dialysis kits, etc. UEEC’s offerings will be many and have an international footprint.
You wrote:
“So as soon as Hemostyp is approved it will immediately take over from Surgicel.
Unfortunately that’s not true. There are many Products competing with Surgicel now that also beat them in clinical trials.”
Let me take a stab at this…. It is true that HemoStyp would take over a large part of the market when approved. Reason, HemoStyp is as stated so many times previously, superior by a country mile. Efficacy isn’t the only benefit of HemoStyp; it’s absorbable or it can be easily removed with saline. I’m sure that hospital formularies will immediately adopt HemoStyp and this will make its availability to all surgeons in that hospital even easier.
The SurgiCel Snow product can’t be used in “every” surgical situation and has the same ph as the original which limits it’s usage near bone where it would turn the bone black. HemoStyp is ph neutral.
In addition. Market share gains would be immediate so, when a surgeon stops using SurgiCel and starts using HemoStyp with the next patient, that’s an immediate one to one market share change. Also, with the ever present potential for lawsuits; why would a surgeon take the chance of a bad patient outcome if a far superior product was available?
Yeah, I saw that. So, they’re in the process of converting the manufacturing SOP’s into the submission. Hopefully, it won’t take too much longer.
We all do, Chris.