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Another FAILED attempt by you...
Here, right off the bat, #1: It is NOT an ALL-IN-ONE device! Durrr!
The device does NOT contain and HOLD the test strips, they are held within a SEPARATE container/vial.
Your FAILED meter package:
My Dario meter package:
You still look OLD and OUTDATED.
Requiring a smartphone is a PLUS! It's how the device gets power, the patient is connected to an online diabetes community, the patient has access to one the of largest app/online food databases, the patient's data is saved and stored in the cloud to be accessed by family and/or healthcare providers, and family and/or healthcare providers are instantly alerted to when a patient tests.
Who the HECK wants to/HAS TO go back home to a computer to be able to upload your data via USB in order to finally track your history...?
There is so much more to say, I can absolutely dissect your meter, but I'm not wasting my time. Enough said.
A few more LabStyle highlights:
Our so called "penny stock" being featured on Bloomberg TV, you know, where "scams" are featured...
Maybe anyone else knows of a "penny stock" being featured on Bloomberg TV?
Hey Phin, yes, I am still holding long here.
Thanks for the private message, I can only reply publicly.
I am currently still waiting here patiently for news such as sales/revenues, more reimbursement deals, more distributor deals, more rollouts worldwide, and most importantly FDA approval --- all of which I believe are pending in the pipe line.
By the end of this week the "D" should be removed, so maybe we can start picking back up beginning in November. I don't know if the company is saving a PR to go along with the removal of the "D" to start a possible boost moving forward, but they should have news about more distributor deals and rollouts worldwide before 2015 at least.
And we know the company has been in communication with the FDA, and basically that the FDA has told the company what needs to be done in order to get approval, which the company has said they are now working on. So it appears and sounds like everyone involved knows exactly what is needed now in order to get final clearance and I believe they can and will.
I believe people who bought DRIOD's highest high of .65 can and will not only recover if they hold but can and will make a profit when the above news finally hits for us.
I've been saying all along that DRIO is a long-term play. We literally have a company that has just started operations, that does have a world-class management team consisting of the who's who of diabetes experts throughout the world, and has just steamrolled thru huge milestones very quickly. So I think the future is extremely promising here.
To be clear though, people should understand a big move may not happen here until early 2015, the time frame all along for FDA approval. But if one can wait patiently though, it seems like .29 to .32 is a great loading zone. And if one cannot wait though, they really need to consider exiting out.
Agreed, I was just going to point that out as well.
Yes, the market is open Monday.
The stock market is open on Columbus Day, Mon Oct 13.
Np, thanks for reading and for the follow, appreciated.
If you read all that, no, thank you, lol! Np, thanks, appreciated.
DRIO's R/S puts us in a good direction:
First I want to say that I am for being realistic, based on people's proven history to repeat the same behaviors in a sense of illogical fear that leads to mindless sheeple.
But yes, I too agree that MOST "penny stocks" (trading on the OTC Markets) do have a proven history of "bad and toxic" reverse splits which are then followed by "bad and toxic" dilution, which causes already "cheap PPS" stocks to sell off hugely in a massive share dump off in the hundreds of millions to billions, and the stock quickly plummets to .0001 and soon after goes NO Bid.
Like the following REAL "penny stock" examples here: Dilution Watching & Huge A/S Warning
We are NOT in THAT situation here!
So because of that proven history and the beliefs it has ingrained, a drop down after a R/S for a stock trading on the OTC Markets is almost hard wired into traders heads as an instant gut reaction solely based on a keyword and an association of being in the same open marketplace. But I also agree that should be the instant reaction, because the majority out there are rampant scams.
Treat everything as a lie from everyone, from iHub to the companies themselves. That's where DD and detective research comes in, to go and validate the things being said or stated as the truth or not; And that's when you can find the gems in the vast sea, the needles in a haystack.
Well I feel like I did my needed due diligence here on this stock, its conception, its beginning, its history, its founders, its track record, its management, its product, its competition, its marketplace, it's forward looking goals, it's possibilities, and have come to the conclusion, in my own personal opinion, that this stock is and can be a wealth builder as a long term (into early 2015 aka FDA clearance approval) swing/hold play that may be one of the "safest" plays in all of the entire OTC Markets. Even if we do GREAT with an open AND close at .50 post-split, what stock have you ever seen NOT shoot past a dollar/$1.00 after being APPROVED by the freaking F-D-A?! And I think FDA approval is a WHEN and NOT an IF, that's why I'm locked in early here and truly recommend it as tell your family, friends, neighbors, and co-workers stock that has a highly probability of returning at least 100% gains at a .50 cent buy in.
We've already had several $2 MILLION dollar trading days here when the stock was trading under .1875 price per share. I believe higher the PPS is, the more volume/liquidity can be attracted. Because a lot of traders out there that roll with hundreds of thousands in their trading accounts and day trade with six figures usually and most often do not even look at let alone touch any stocks trading under .50 cents, even a dollar/$1.00. So if we can start out a base here at .50 and just keep it sustained, nothing more, I think we start making it onto the stock screeners and scanners of the high rollers who probably have a base threshold of at least .50 to meet. That's why I think volume/liquidity can surely be double to triple in the future. Meaning, with what I believe to be at least 100% gains from .50 and huge amounts of liquidity upon FDA approval, you can put in aka invest a lot here and be able to get it back quite easily in a profit.
This company continues to have good progressing news about the company itself moving forward. And I don't expect anything different now, when we actually have a private, individual financier investing as a single, majority investor.
So at these higher post-split price levels, many more millions of trading dollars become more easily attainable.
I think this R/S starts the process of returning this stock to its former price per share in the dollars range, with a 52Wk High of $2.83 hit on October 18, 2013. Damn I would love if we were lining up to repeat THAT history!
Hey remember Dave Gentry on "The RedChip Money Report: Small Stocks Big Money" back on Oct 10, 2013 said "this is a GOOD BUY at these levels"? And guess what "these levels" were? On Oct 10, 2013 the stock closed at $2.62 price per share. DRIO was considered a GOOD BUY at $2.62, even BEFORE the company started to execute, which it has now just begun!
The R/S is fixing the damage of the big August drop off due to the first round of financiers, institutional investors, getting a deal that allowed them to receive free shares if the price per share declined, in order to make "whole" the adjusted difference. So they had no fundamental investment in the company itself or the stock to do good in any way. Those institutional investors got to profit directly and indirectly by the stock's price declining with no regards, but the company had to use them at the time, the very beginning of the roll out to their soft launch, "to help bring Dario to several additional markets around the world, continuing the momentum of Dario’s distribution in the United Kingdom, Italy and Australia that began in December 2013", which it did end up helping with and getting them to this point, being our "level 2", where a single, majority, private individual investor comes in with an investment INTO the company itself and a gets a percent of ownership. That investor is Dr. David Edery, M.D., who I'm calling our "Shark Tank" investor.
The new Sep 23 financing deal numbers:
DRIO's O/S from 79.5 mill to 15.9 mill @ .495!
May take the 20 days for retail brokers to issue.
"The common stock is also expected to begin trading on a post-reverse stock split basis on the OTCQB on October 6, 2014. LabStyle's common stock will trade for 20 days on a post-split basis under the temporary symbol "DRIOD," with the "D" added to signify that the reverse stock split has occurred."
Source: LabStyle Innovations Implements 1-for-5 Reverse Stock Split
The following is what ETrade told me about another R/S stock I was in, "When a company does a reverse stock split, your current shares are cancelled and new shares are issued. We have been working with the transfer agent and are currently awaiting the new shares to be delivered. The shares will be updated to your account promptly once received."
So it may take that 20 days of post-split status until shares are issued back.
What's nice is DRIO's OTCMarkets.com page has finally been updated with a listed Transfer Agent, who happens to have a huge high quality portfolio of OTCQB's.
But the quote I pointed out by you is exactly right and basically/technically means all current retail shareholders' shares are indeed going to be "LOCKED UP" and CANNOT be sold for a time period. You basically just said that yourself with that before mentioned quote.
Stop losses don't matter here now, again, like you said, current shareholders will NOT be able to SELL any of their shares for a time period. And we broke down .10 AND .09 today and no stop losses went into effect, so yes, it does look like shares are "LOCKED UP", before the R/S and now definitely after the R/S.
You had since Sep 23 to bring up your management questions and/or sell, but you didn't until today, when you did sell. You were here holding after the Sep 23 PR so it apparently made sense to you for awhile, as you were holding. But this is off subject, we're talking about your first initial thoughts on a possible sell off after the R/S, which I don't see how is even really possible going by the factual quote you gave yourself.
Smilin_B, what about this take on it?
Well first, we had another LOW volume day, meaning not much buying but ALSO not much selling. We now know the R/S is finalized to take effect/be implemented on Mon Oct 6.
You said the following, which I think is KEY here now, "Many here will still have the ticker DRIO in their accounts and wont be able to sell their shares until their broker has received the new ticker transfer to DRIOD".
Since there has been LOW volume of UNDER 2,000,000 total shares traded for the last 6 days, doesn't that basically now mean a huge majority amount of shares are going to be LOCKED UP for a time period until brokers receive the new ticker transfer?
If not much selling at all has been taking place for the last several days, including today, the LAST "pre-split" day, that means shares are in TIGHT hands and those huge amounts of shares are now going to be LOCKED UP for a time period.
Retail money has been holding and supporting this stock since the Sep 23 PR that first mentioned a R/S was to take effect within 15 days. There was NEVER a huge sell off since that PR. So since basically no one got out and all of those shares are now going to be LOCKED UP and not allowed to be sold for a time period, where/how is huge sell off going to take place?
So going by the fact that there has NOT been a huge sell off since the Sep 23 PR and the fact that those shareholders' shares will now be LOCKED UP for a time period, I don't see how substantive a sell off can or will be taking place AFTER the R/S officially takes effect.
Why overall picture still looks good:
- DRIO has closed at or above .10 for the last 9 trading days. That is a proven base for support. The Low of Day of .0992 is still keeping in line with those 9 days because within that period we have hit a Low of Day of .08.
- DRIO hasn't just traded down, it has hit a High of Day of at least .114 for the last 3 days.
- DRIO has been trading on LOW volume, not even reaching 2,000,000 for the last 5 trading days. That means very little buying but ALSO very little selling has been occurring here recently, and that's after the R/S news! Basically that means current shareholders are holding on TIGHT to their positions.
- DRIO the company has proven to be a fast mover and a company that keeps their word. For a company that just debuted on the stock market under the OTCQB exchange in April 2013, they have hit MAJOR milestones for being an upcoming starter.
- DRIO is waiting on FDA approval which is most definitely a "WHEN" and NOT an "IF".
- DRIO is a real legit company with a real legit product, entering into a $12,000,000,000 ($12 BILLION) dollar a year diabetes market with a potential client base of 400,000,000 (400 MILLION). Just 100,000 clients, not even a DROP in the client pool, would/could make this company $90,000,000 ($90 MILLION) dollars a year in revenues!
Umm really not necessary though...because the headphone jack is a standard, universal port for/on all types of devices, from smartphones to tablets to laptops.
That's one of the biggest reasons why I like the Dario device and LabStyle patent so much, because it can work universally on/for all smartphones.
Sure, here's links to all patent info.
From my following post:
DRIO's Blood Glucose Monitoring Device Patent Info
The R/S will be executed on or before Oct 8.
DRIO News: Current Report Filing (8-k) 09/24/2014
DRIO's Milestones, Plans, & Possibilities!
DRIO may be one of the fastest growing and highest quality "penny stocks" in all of the OTC markets!
About DRIO:
• DRIO is a REAL company, LabStyle Innovations Corp.!
• DRIO has a REAL product, the Dario™ Diabetes Management Solution!
• DRIO has an innovative, leading, all-in-ONE diabetes self-monitoring blood glucose meter that is the ONLY personal meter that consists of a lancet, strip dispenser (contains 25 high-quality tested strips), and the meter reader itself in ONE compact, mobile, sexy device!
• DRIO has a freaking WORLD-CLASS management team consisting of the absolute who's who of leading diabetes experts, professionals, and educators throughout the world AND experience making it on the NYSE with $10's and $100's of MILLIONS of dollars in revenues!
• DRIO has a PROVEN history of executing planned objectives!
• DRIO Co-Founder David Weintraub MD, had previously founded a company, Versamed Medical Corporation (a maker of portable life-support ventilators), that was ACQUIRED by freaking god damn GE Healthcare, yes, General Electric, for $40 MILLION dollars in 2008!
DRIO's Milestones:
• DRIO surpassed the accepted industry average pickup rate for new users, with a current pick up rate of over 68%!
• DRIO surpassed 2,000 smart meter users and is growing!
• DRIO received a Notice of Allowance from the freaking United States Patent and Trademark Office for core PATENT claims!
• DRIO received freaking CE Mark certification, enabling the company to market in Europe, Asia, Australia, and the Middle East and beyond, and particularly includes Belgium, Italy, Sweden, New Zealand, Netherlands and the United Kingdom!
• DRIO received NHS reimbursement status in England, Wales, Scotland and Northern Ireland!
• DRIO received national and regional insurance reimbursement approval in Italy!
• DRIO received approval from Israel's Ministry of Health to sell in Israel!
• DRIO signed distribution agreements with top leading distributors covering the UK, Italy, Sweden, Australia, New Zealand, Belgium and Canada!
• DRIO partnered with FatSecret, a leading global nutrition data source, to integrate such data into the Dario™ Diabetes Management Solution!
• DRIO released the Dario™ Diabetes Management App for Android smartphone users!
• DRIO successfully closed two private placement financings totalling $7,900,000 MILLION dollars!
• DRIO filed a Premarket Notification Application/510(k) with the US Food and Drug Administration (FDA)!
• DRIO is JUST starting to enter into a $12 BILLION dollar a year market that is GROWING, with more than 300,000,000 (300 MILLION) diabetics worldwide!
DRIO's Plans:
• To seek reimbursement in other strategic territories!
• To expedite production of Dario™ personalized smart meters for both Android and iOS smartphone operating systems!
• To launch in at least seven different countries by the end of 2014, including Germany!
• To obtain FDA approval by early 2015!
• To partnership in Japan and two other countries in Asia in 2015!
• To just get at least 100,000 diabetic customers, which could/would result in $90,000,000 ($90 MILLION dollars) in revenues a year!
DRIO's Possibilities:
• A future possibility is to uplist to the NASDAQ!
• A future possibility is to reach a price per share of $2.94 (52 Week High on Oct 2 2013)!
• A future possibility is to be acquired by a multi-BILLION dollar company!
• A future possibility is to have one MILLION customers out of the HUGE and growing 400 MILLION worldwide, which could/would be $912,500,000 ($912 MILLION dollars) a year in revenues, and I think one million customers could be had just in the United State ALONE with 25.8 MILLION diabetics!
• A future possibility is DRIO could very well be a BILLION dollar company within a few years!
DRIO just debuted and commenced trading on the OTCQB Marketplace in April 2013!
DRIO is absolutely STEAMROLLING thru EPIC milestones!
Either hop ON it of get the heck out of its way!
Excellent points, DRIO's new financing was done extremely solid and probably the best that can be done being a rare gem in the OTC markets.
The $0.07928 price seems to be the dead bottom now and support ever since the latest PR, being the lowest low since has been .08 only.
Also, all of the new investors have agreed to hold their shares until at least Nov 21.
Does this 8K excerpt mean all of the new investors have agreed to not (sell) do anything with their shares for a period of at least 60 days after the new financing closing (which was on Sep 23)?
ALL-IN888, being a flip flopping hypocrite?
So here's some of YOUR DRIO post history when YOU were IN it.
The PR's Good News:
• DRIO closed a $4.2 million private placement offering.
- Private placements can be a key source of capital for businesses, especially small or start-up companies.
• DRIO did not use a placement agent for this financing.
- That means DRIO did not need to hire an individual or firm for the purpose of finding people who are interested in investing in the company. So apparently finding investors wasn't a time consuming hassle for them. And I guess we now know why DRIO had missed that last investor microcap conference, they already had investors lined up!
• DRIO expects to secure net proceeds of approximately $4.1 million from this financing.
- That would technically be $300,000 more from their first February 2014 private placement closing, which raised $3.8 million in net proceeds.
• DRIO intends to use the net proceeds from the offering to ramp up manufacturing and sales efforts in existing and new markets and to continue ongoing regulatory work associated with its pending FDA 510(k) application for Dario.
- I fully expect them to put this new raised monies right back into the expanding operations of the company, just like they did with their previous, first raised proceeds to start the roll out of Dario's soft launch in European markets.
• The lead investor in the offering is Dicilyon Consulting and Investment Ltd., an affiliate of Israeli investor David Edery, which has invested $3.0 million in the financing. The remaining investors were all institutional or accredited investors.
- Of the $4.2 million private placement offering, $3.0 million of it, the vast majority, is/was invested by one single investor, leaving only $1,200,000 million that was invested by institutional or accredited investors.
• As of the closing, LabStyle's board has appointed Mr. Rami Yehudiha, the Founder and Chief Executive Officer of LEAD, a top 10 Israeli advertising and marketing agency. Mr. Yehudiha is an appointee of Mr. Edery.
- Already Mr. David Edery is making moves with/for his investment. LabStyle is now and has been stacked with top level businesspeople of/in Israel.
• Commenting on the financing Mr. Edery stated, "After thorough due diligence, we are very pleased to make this fundamental and strategic investment in LabStyle. The Dario Diabetes Management Solution is a novel and cutting edge mobile health software and medical device platform that represents a significant evolution in the diabetes management market. I believe that LabStyle has the right product at the right time to be an important player in digital health market. LabStyle's prospects are driven by significant worldwide market potential, current and pending regulatory approvals, patented intellectual property and the company's strong team of professionals. We are optimistic that this investment will help meet LabStyle's near term requirements."
- This majority investor, David Edery, did thorough due diligence and is/was pleased to invest $3.0 million dollars of his money into DRIO as a fundamental and strategic investment. He clearly sees and knows the incredible potential Dario has in the worldwide diabetes management market.
• In order to accommodate the number of shares of common stock underlying the preferred stock and warrants issued in the financing, LabStyle announced that it will, under authority previously granted by the company's stockholders, effect a 5 for 1 reverse stock split of its outstanding common stock. This stock split will implemented within two weeks, and the company will make a further announcement regarding the exact timing for the stock split.
- This is not a detrimental stock split. And we have a completely open and transparent company notifying shareholders in advance with a timetable of implementation.
• "FDA" is/was dropped 3 times within this one PR.
- It's always good to get an "FDA" drop, but three, I love it! :)
We've already surpassed the last 6 trading days in total dollar volume traded.
VNDM has moved up to .094 on Bid w/ 100K from .08 w/ 20K.
NEWS just dropped Sep 23, 2014 @ 4:10pm EDT!
From the last highest high of .1875 on Sep 9 to $1 price per share (at LEAST) when FDA approval news DROPS will be 433%!
So these current DRIO prices are CHEAP NOW!
That block trade was a $20K print!
@BlockTradeAlert (11:36 AM - 23 Sep 2014)
BLOCK TRADE (Microcap): $DRIO 174,765 shares @ $0.118 [14:36:40]
DRIO's Blood Glucose Monitoring Device Patent Info
Too bad you don't even take your own advice because you actually thought you were going to get .07s-.06's...
DRIO - A Next-Gen Startup Prepares For Global Launch
Will be posting possible GREAT DRIO DD finds! :)
I found a god damn TREASURE TROVE of what I think and feel is absolutely incredible DD! I'm jaw dropping speechless right now and REALLY pissed I don't have even more funds available to put into this. I think, feel, and believe the future returns here are guaranteed INCREDIBLE.
I have 3 very plausible scenarios and would like help knowing how each can/would/will effect DRIO's stock price per share.
Scenario 1: DRIO gets bought out / acquired by another company?
The possible candidates could/would be one of the following:
- A NASDAQ company with a Market Value of $429 Million a/o Sep 19, 2014, $91 Million Total Revenue in/for 2013, and its ticker stock symbol currently trading at $20's price per share.
- Or possibly between SIX different NYSE companies with the "smallest" one a being $71 Billion Market Cap, $21 Billion Revenue, and its ticker stock symbol currently trading at high $60's price per share, and the biggest, GE yes GE, being $263 Billion Market Cap, $146 Billion Revenue, and its ticker stock symbol currently trading at high $20's price per share.
How does anyone think this scenario can/would/will effect DRIO's stock price per share?
Scenario 2: DRIO gets invested into by another company which takes up stakes?
The possible candidates could/would be one of the following:
- A NASDAQ company with a Market Value of $429 Million a/o Sep 19, 2014, $91 Million Total Revenue in/for 2013, and its ticker stock symbol currently trading at $20's price per share.
- Or possibly between SIX different NYSE companies with the "smallest" one a being $71 Billion Market Cap, $21 Billion Revenue, and its ticker stock symbol currently trading at high $60's price per share, and the biggest, GE yes GE, being $263 Billion Market Cap, $146 Billion Revenue, and its ticker stock symbol currently trading at high $20's price per share.
How does anyone think this scenario can/would/will effect DRIO's stock price per share?
Scenario 2: DRIO a year or two out hits $91 Million Revenue?
I've seen/read an "official" Dario presentation by upper LabStyle management detailing a possible/likely $90 Million Revenue since most diabetics have to test their blood FIVE (5) times a day EVERY day for the whole entire YEAR and that they think/hope EACH blood test strip will make them $.50 cents EACH, and that they think/hope to have 100,000 patients.
So $.50 x 5 = $2.50 x 365 = $912.50 x 100,000 = $91,250,000 Million Revenue
Remember, there are 400,000,000 / 400 MILLION diabetics worldwide... 100,000 is not even a drop!
How does anyone think this scenario can/would/will effect DRIO's stock price per share?
Your English is perfectly fine, in fact it's just as good if not better than most native English speaking Americans, heh.
Your videos have all seemed well put together, but if you think you're having trouble trying to find the right words to use you may consider "pre planning" your video before hand in your mind, going over what you exactly want to say and how you want to say it, taking down notes, and then do the final video production. That may be a process that can help you better focus on what you want to explain since you would already have a thought out "guide" you would be going by.
Maybe those ideas can help you out some. Either way, looking forward to your future videos.
Thank you Dr PennyStock, greatly appreciate your remarks!
And right back at you DPS! I love and appreciate your sound, reasonable, and easy to understand TA posts AND videos, it's all extremely helpful. Keep it up and best of luck to you as well.
"Watch and see" how your next chart reading prediction is wrong...?
Yours posts TODAY:
Lmao! I commend your commitment here, a true team player!
Holy 370K Bid on Level 2 @ .09!
.09's starting to print!
Damn I wish ETRF with a 110K Bid at .086 would start hitting the Ask...
I agree there's nothing wrong nor negative at ALL about posting your exit.
But for me it's not really about "credibility" but more about "douchiness" since I'm really solely talking about what one does AFTER one exits their position, like immediately and continually "bashing" the stock you just exited not because you found out it was a "bad" stock, but because you really want to buy back in at a lower price and are willing to screw over other people with panic, fear, and scare tactics in order to help yourself get that low entry point you were hoping for.
I honestly don't care when anyone exits their position, but if I did, I would care more about the Mods of a stock board coming clean with their exits instead of another random poster among thousands like myself.
So what I care about most is how one conducts themselves after they have exited their position rather than exactly when they exited their position.
Welcome back to the show. No fault on you at ALL for locking in your profits, congrats!
See people, that's the stand up way to conduct yourself. He got out of the stock but didn't come back and "bash" it any and every time he could have in order to bring the price per share down in order for him to buy back in at a new, better, lower price --- like some other people here are and have been doing...
He sold out, patiently and quietly waited for another buying opportunity that was to his likely, without staying here continually "bashing" other people's positions.
Hope you make another +100% this go around again!