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USRM (board) had viewed pursuing RMAT as a waste of time and money at this juncture (no guidelines for commercialization). Yes, you are most likely correct that the FDA asked for more info, but USRM said enough is enough. USRM has a responsibility to generate revenue. Paying FDA fees over and over does not accomplish this. Q2 is around the corner. Q2 matters.
There are a number of things in play:
Clinic revenues
Gottlieb's influence
FDA guidelines TBD
Other states following Texas
Buyout? (it could happen down the road)
People will forget about RMAT and the FDA once they see revenues from the clinics. It's about making people better and making money while doing it.
.062 / 9.14% I'll take it. So far it has been a good start to the week. Looking forward to tomorrow.
I've been holding since January bro. Not single share has been sold. I see green days ahead.
Hey look its green. I wonder why? lol
USRM is on the rails. RMAT is not needed currently. I disagree with your claims of legit companies as if to suggest USRM is not legit. My opinion matters too.
Yes. This looks real good going forward. A little pain in the short run to load up would be good to get the volume where it needs to be.
GLTA
I agree.
Here we go.
Lets go.
Quiet today? Keeping an eye on this. I see a bright future here. Lots of potential.
Nice volume. Green day.
Excellent information
Green day today
I don't think so.
Optimistic...
September is coming soon. Need a hard date on Dallas. Sent email to USRM/CEO this AM.
My sentiments exactly. Slow and steady is fine by me for now.
Good day.
lol
USRM
Warning USRM is solvent.
USRM$
Growing concern. USRM bout a takeoff.
We will see.
GLTY
Waiting to get back in @ .05.
Their tests are promising but... too much debt and no FDA approval in the near future. Phase III will be very very expensive not to mention FDA fees for approval post phase III. This stock has more potential for buyout than FDA approval.
GLTY
weeee red.
100% agree.
No reason for it not to test .06.
Buying opportunity:
USRM focusing on profit
RMAT still in play
Q2
More clinics opening
Texas Legislature
Green day.
USRM$
I'm not one to use catch phrases much, but I have to agree USRM is a rare gem in terms of opportunity. Glad we got in early.
I see what you are saying but I think USRM is too disruptive to be ignored by the big boys. I will remain long in the meantime because it's a win/win scenario.
Exactly. There are many examples. I see insurance companies eventually covering stem cell therapy which will allow mainstream access and $$. To be honest. I expect USRM to be bought out before that happens. We'll see.
Looks like people are excited for next week and beyond. That's good!
Good point.
"Stem Cells is becoming a buzz word in circles of the affluent".
They can afford it more easily. But as has been the case in the past with many products and services, the rich get it first, but it eventually trickles down to the masses once the infrastructure is there to reduce cost.
Without guidelines it's unlikely Myocell could be commercialized anyway. Why waste money with FDA fees when there is no ROI in the short term? Clinics make money now. RMAT can be pursued again in the near future once guidelines are established (if necessary). In the meantime states like Texas are setting a new precedent.
Things are looking good. I was bullish in January and am still bullish now. Haven't sold a single share.
Yeah Salley one of the original bad boys from those late eighties early nineties Detroit Pistons. I hope he can spread the word about USRM and their services.
$USRM looks like this will probably hit .062 and then take off.
Disagree
J. Salley is into the healthy living life style. Talks about it a lot. Hopefully he spreads the good word about USRM.
"USRM is amazingly resilient"
As are the longs.
I wish everyone the best of luck here. I will keep ICNB on my radar. I have cash but I don't have confidence -- yet.