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Not so fast….they could have received the approval after market hours. They have 3 business days to make it public. So, if we’re on Tuesday next week and no news; then you’re post will be correct.
GLTA!
Agreed trusttheman! The MM’s are also at fault. They move the bid and ask wherever they want. There should be a law against it.
This is a once in a lifetime scenario.
Go longs…Go UEEC!
Well said Sporty!
Agreed!
One would think…….
The delay issue has been Covid and all the time it’s taken away from all of the companies who have reviews underway. I’ve never seen anything like this in the past. Let’s hope that they’re catching up with our application. I know we’re all weary with the excessive waiting.
Well maybe sometime soon we’ll share a Barolo, Amarone or Brunello. Been collecting and consuming fine wine (not necessarily in that order) for over 40 years.
First 2 bottles on me!
I feel that the product will get approved. Beyond that, it’s anybody’s guess as to when and what the company will sell for. It will happen when it happens.
You pretty much nailed it! If you look at that guys posts, he has never said anything positive about either the company or the stock. He’s definitely working with the MM’s or someone to drag down the stock. Like I said previously, he’s a fraud.
I don’t disagree with that line of thinking. It’s possible.
UEEC opened up at.75.
Excellent posts csterner and “always”. You guys bring lucidity to this blog. “Always” …..I continue to enjoy your deft, deliver on a silver tray, sarcasm. It’s truly entertaining.
Exactly!
You’re the second person who’s mentioned IQST…interesting. Anyhoo, way to go on picking up more. I’m sure you will look back and think…good move.
Nmaryland
Good for you. Thank you for your service!
You’re absolutely right that the stock was manipulated. The MM’s are at fault. I don’t know if it’s criminal but it’s certainly unethical. Hang on to your shares!
I concede! And, I profit!
Run like a scalded chicken!
My best guess is:
Indicated to be used as a preferred (maybe) hemostatic modality for use in internal surgeries to include cardiothoracic, vascular and abdominal.
Secondary use to include as a dressing for post-dialysis (maybe not now but down the road)
Again, just a guess…
With all due respect; how would you know?
Your birthday present will come well before that.
Just a best guess based on available information and dd. Thanks bud!
Nmaryland
That’s true but the issue is the FDA is in a backlog of approvals because of Covid. They are still working remote (from home) and this has slowed down the whole approval process. They will get to our application and approve IMO.
I agree with “alwaysintheknow’ that we are very close to approval. The company has reported that there have been NO further requests for information in the past 2 pressers.
Since the FDA usually sends notifications for approval on Thursday’s after market close, I’m keying in on those days for an announcement. Meanwhile, the MM’s took the stock down late Friday afternoon to get their people in on the cheap. This is a great opportunity to get some of those cheap shares.
GLTA longs!
Your thought relaying to “not” calling out the FDA is correct. Companies need to have a good working relationship with the FDA. If they were to complain that it’s taking too long or submit pressers to put pressure on them then, companies would run the risk of more delays or more scrutiny. I’ve said it before; you can NOT anger the FDA.
That said…we as shareholders need to be patient and I know this has taken longer than expected but it’s the best one and “only” thing we can do under the circumstances.
GLTA LONGS!
Agree Kettleman, Thom gets paid through stock. He was just awarded 400k shares and sold under 400k shares. The guy has to live on something while we wait for approval. In my view, this is nothing to worry about.
Meanwhile, the FDA is diligently working on our application…….yawn…
Thanks for sharing. While we’re talking facts. The last 2 pressers (10/27 & 12/22) relayed that the FDA has “not” requested any additional information. While they “could” send them a request while we are waiting; the fact that they have been reviewing the manufacturing software/tools for some time now without any new requests would indicate a positive for the application. My glass is half full.
Thanks as well TommyBoy…
UEEC has great potential. I believe we are very close to FDA approval. I’m anticipating fireworks in January.
Cheers!
You are absolutely correct. As a rule, in the organization’s that I worked for there was always a drug in front of the FDA and it was always a given that you “never piss off the FDA”!
I can remember a couple of times where we had some contentious discussions that seemingly delayed a decision. I don’t think that’s the case with UEEC.
The FDA is still working remote as I can see that on CNN when they are ask to comment on a Covid vaccine. I believe that Covid has really thrown them off their projected timeline’s.
It’s my belief that they will eventually finalize our approval and then we can move to the next aspect of this journey.
Merry Christmas and Happy Holidays to all
UEEC longs!
Agree bandaid and always. We know the FDA is anything but efficient and on time. I think we have one more shot at this year the first part of next week. Let’s see what happens Monday/Tuesday…. after that the next decision potential is the first part of January. I like the other longs am holding on to my shares and they’ll have to “pry them from my cold dead hands” before I sell.
Thank you Mr. Heston for the borrowed phrase…
I think the MM’s are in cahoots with these fly-by-night reporting services. Throw in the OTC and you have a witches brew of information and volatility.
Chris…buddy…it does no use to try. You just can’t fix stupid!…..or, a short…or, someone with an agenda.
You and BFU are totally correct. Focus on the “published” clinical study and the peer review by the Journal of Wound Care.
That is the most powerful indication of what potential HemoStyp has in all of its applications.
There’s a lot of bad people out there….it’s a cut-throat world. We longs…at least most of us…know what we have…a disruptive technology that all the “big boys” want and the want it on the cheap.
No chance…B. Thom is looking for a “full valuation” offer. I believe we are close to it and close to the approval!
Not for me….the fat lady hasn’t sung yet.
Very nicely thought out and in my view correct on your risk/reward assessments. There was a post maybe a year ago that stated that in the last 3 years the percentage of companies that made it this far were approved 100% in that time frame.
I don’t know if that was statistically correct but I’ll take 95+ any-day.
So, if that’s true, then we’re just waiting for the FDA to finalize their evaluative process with an approval letter to UEEC. They are as slow as molasses going downhill on a cold winter day. Hopefully, the news comes soon. I personally believe it will.
Please indicate where and when Beplate sold shares.
I hear you and agree that there’s plenty of corruption to go around in the fed. Back in my PHARMA days federal was my book of business. I saw it. It was usually subtle and it was very effective in how they got their way…when they wanted to. The OTC is the Wild West…no doubt. I just concentrate on the data which as we all know is superior to the current and soon to be defunct “standard of care”. Our time is coming soon. We’ll be celebrating with a fine Brunello, Amarone, Barolo, etc.
Nice job!
My guess as to why Thom sold a portion…and not all….of the 300k shares was that he could be on a vesting schedule that required that he “use or lose” the shares if not sold. Plus, it was not a large number of shares, anyway. I’m sure his compensation package gives him many millions of shares.
The sale was a “nothing burger” to me.
Happy Thanksgiving to you band aid, “Always”, “Trust”, “Chris”, “Rodman”, “csterner” AND all the other “longs” out there. I’m thankful for being a shareholder and await “good news” from the FDA.
Cheers!