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They have a great product; they really need to improve investor communications and start acting like a public company though.
Doctors will resell it, but I am quite sure it is not by prescription. You won't get a script from the doctor then go to a pharmacy to fill it. You will be able to order it directly from a provider's office in the region you live. That is how many companies do it. They sell only to professionals and then the professionals sell and market the product as they see fit adhering to certain company guidelines like MAP. I would like to see it on amazon, but when selling to professionals, you also get large sales numbers since there are discounts for volume orders, plus you are selling to a demographic that deals with clientele that needs it. Also, if a physician recommends it, people will be more likely to buy it vs the bargain shoppers of amazon.
I am guessing that shortly after making those contracts, it was decided to create a stain free formula so those probably went on hold. I would like to see them revisited now that the new formula has been tested soon ready for full production.
Exactly. They are just getting going and should have the new product completely ready to go in Oct/Nov.
Who says it hasn't been submitted yet? I am quite sure it has been.
It has been in the testing phase for several months now.
From Jan 11 tweet: Remsleep Deltawave flagship CPAP interface mask passes gas pathway test.
From the February 23 tweet: Remsleep Deltawave flagship CPAP interface has passed the sensitization test. The lab is currently working on completing the draft report.
They are waiting on the FDA which according to Tom "don't tell you anything" as to how it is progressing on their side.
Its in the FDA's hands now. They are just waiting on them. Relax and enjoy the show.
Same here. It has always been posted within 15 minutes of markets closing. I have been keeping track.
Quote "I announced that I sold so others would get the hint that this stock is worthless" LOL, OK stock guru. You bitched and moaned here for over a year, you had multiple opportunities to exit but didn't. Now you expect everyone to believe your a trading expert. What perchance DD did you do? Have you tried the prototype mask? Have you found that the patent wasn't real? Have you visited with them in person? Did you research on how Resmed likes to buy patents and I quite sure a patent on a CPAP device is anything but worthless. You do realize that they don't have any revenue yet since they are waiting for final FDA approval right? My bet is that this goes WAY higher in the next couple months. No stocks shoot straight up There are pull backs. Too bad people have to play this way in order to buy back in.
Ok, what was it then? Regardless, doesn't really matter to me, debt getting paid off and things looking up here.
T-trade of 1,526,804 at .03546 for a total of $54,140. Good price allows for minimal dilution. Debts get paid and we maintain solid share price. Closer and closer to sales start. I bet ResMed will be watching:)
I can give my opinion, I think T-trade of about 1.6 mill at .03116. Someone else can correct me if I am wrong.
There has been some dilution because I have been keeping track of it, but it is very miniscule overall and our os is still very low. We are in a great position right now. The share price is up which means even less shares will hit the market, debt will be getting paid. Those shares are being bought up and still having green days. These are the opportunities I look for in a stock. They give investors a chance to accumulate shares, then after that comes the BOOM.
Nice day here. Building a nice base to jump up from.
No worries here. Low volume days like this are need to consolidate. Makes the next run stronger.
Stop trying so hard. Just slap the ask like everyone else.
I am looking at the big picture here. With FDA approval soon to arrive, masks start selling. ResMed will surely make a buyout off. The question is just how much are they willing to pay for a superior product with a fresh new patent to replace their aging and expired patents?
Please take a look at this
Please watch video:
I am glad you are out. You have complained here for a long time about the price. I just dont understand why people have to post their sells like they are looking for some kind of approval. FDA approval is on the cusp, stocks are heating up again. I see this going much higher.
People should not expect any revenues yet for Q1. But by the way things are looking, Q2 could rock. GLTA
I plan on holding the majority on my shares for awhile. Too many catalysts coming up here. This could be explosive fast.
There are so few stocks on the OTC right now that 1. are legit companies that either have real products or working on a lifechanging product like this and about to hit market 2. have such a low OS count 3. Not constantly artificially pumping their own stock causing unsustainable pps rise. I too will take my chances here. People need to see that now is the time to buy your ticket while the price is cheap, not after the FDA approval comes and selling commences. I believe also that they are currently working on other products and will be patenting and getting them approved. From the Jan 6th tweet " Remsleep files additional Design patent application 29/763,547"
Wait till when the masks start to sell and we 300 mil plus vol days. This could run to .25 fast with this low of an os.
People on these boards claim that pinks can't be shorted. I just don't believe it. Why else would someone PURPOSELY try to make the price go down instead of just jumping into the momentum.
APY% = 5,782,128,114 unrestricted as of 4/5/21. RMSL has 350,783,288 unrestricted as of 3/12/21. That is about 16.5 times more shares out. In February, APY% hit .0085 as a high, that would translate to RMSL at .14 cents. I think personally I will stick with this one here.
Yep, 350 mil os is diluted into oblivion. I think I will put you on ignore.
LOL. Thank you stock savior for your opinion. There are other crappy stocks out there with bloated OS, no product or even hopes of a product. I get it, everyone wants cheaper shares. I will take my chances here. I have been in contact with Tom many times by email and I believe in the product. They will get it to market and when it does, others can chase.
They hit a snag, it happens. Things are getting back on track. This will be huge. Seems like everyone has sleep apnea now a days.
Well, it is information that is already known as fact from the patent filings so it should give at least a little bump. The big question will be if they add any other information in that PR as it relates to the timeline for selling the masks. This has been consolidating for awhile so it should in my opinion be able to hit and hold the .03 range, much higher with news of selling commencing and who knows when deals with hospital equipment sales companies are made.
Definite uptick in volume here. Like to see this start a steady upward climb. Should have official patent news any day now.
Patents are very difficult to get so this is very good news. The ball should get rolling now so lets hope for updates soon.
I honestly don't know. Maybe someone else can answer that. Estimates are just that, estimates. At least the patent is approved. It would be futile to put the product out without it. I would think the FDA approval for a mask like this should be a forgone conclusion. At least the share count was updated up to 3/12/21 and there was no change.
Well in my mind, getting a patent is harder than FDA approval for an product like this that has an established track record. Hope it happens soon.
Question, do we know for sure if they still need to get the FDA 510k approval or do they already have it and were just waiting for the patent?
A line of credit isn't debt in my opinion until they draw money from it so technically, they can be debt free for the time being.
From https://www.upcounsel.com/notice-of-allowance
"Since the Notice of Allowance shows the application is complete and meets all requirements, it is the final step in the long and complex patent application process. Your patent application has been fully reviewed and your invention has been given the green light for patenting. All that's left is to pay remaining fees and send any drawing corrections."
Should be soon now.
I tried to do some research also and didn't find much. Doesn't look like a diluter though. I hope to see an official PR soon on the patent. I am more worried about that then the FDA approval. The FDA approval should happen if it already hasn't, but without a patent, their mask can be copied and all of their hard work would have been for nothing. There is no way they were going to sell their mask without it.
By having a patent, that shows they have a UNIQUE device that is different from other ones on the market.
Thank you. Maybe that is why PAUL showed up yesterday. Things could get rolling here.
I just noticed PAUL also. I dont think they are usually a diluter. Your thoughts about them showing up.