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Added .0034
Hope it does. Will happily add another big block of shares to tuck away.
I think a bit of sideways trading here in the .0038-.0042 range is actually a good thing. Build a little base before more filings drop and take us up through this .0043/.0044 resistance area.
It's clearly for something. No company goes back and has audited filings produced for 6 years back. It will be interesting to see if others start to follow for more recent periods in the coming days.
Interesting. Ok, may join you guys here tomorrow if I can get in here in the low .003s, high .002s preferably. I am guessing this is still waiting on a merger announcement Lol.
This caught my attention while scanning for possible plays. Can anyone catch me up on what is going on or what is supposedly expected? Any forward looking catalysts?
Every day that passes we are one day closer. Loving the action on the stock in the meantime. Once we break .047, which finishes the handle of the cup and handle formation currently forming, should breakout nicely to the .06-.08+ area on news.
FDA decision getting closer and closer. Can't be more than a couple weeks away at this point.
Decision should be out the week of June 6th. I think they do give themselves a 15 day grace period extension if they need it but I am hoping we see an early surprise maybe next week or that week of the 6th. Exciting times here!
Loaded up some more here in the low .03s. I think the chart will turn up tomorrow. MMs will likely keep it down here for the rest of the day.
It's certainly possible given the huge amount of pre FDA approval accumulation we have seen these past few weeks.
.10 is certainly possible but I think it will take FDA approval decision to get it there. But you can clearly see huge interest as we head into the early June timeframe. Could see .05 area and maybe base there until the decision is announced.
Interest is really starting to grow here. Closed .035, very bullish what lies ahead.
I saw that as well. Only 1 note remaining and at these prices that will be extinguished in a few days. It also isn't due until later this year so very likely it could be paid off as well rather converting. In any case, I was very pleased to see the painful dilution that plagued this stock for a while now is clearly reaching its end state. Now with sales and a FDA decision on their device pending, this is set up for a big move.
And when the FDA gives the approval on their 510K device application, KABOOOOOOOMMMM! .05-.10 on that news.
Gonna be a fun month of June here IMO
Finally breaking through .022 area resistance. Next area should be .026ish.
Pressure is building ahead of a .022 long term trendline breakout. I think next week we see this make a major move up towards the .03 area.
Saw that yesterday and thought it was very encouraging for this next round of testing. We shall see if the results are positive this next time.
I'm holding. Will wait another month to see if this new testing company can address whatever perceived issues there was with the prior testing company and their approach/procedure.
Correct. They enacted their extension to give them more time to resolve this issue. I think the big question is can they and then resubmit for a new test with a different testing company.
I think your comment is a bit misleading. It wasn’t rejected by the FDA, but rather by FDA consultants just like the company we’re using today.
They're terrible at shareholder communication. Even with the new IR, she is pretty clueless and it sounds like Tom keeps her in the dark like the rest of us. Last we heard was that the testing was supposed to be wrapped up and results were to be provided a week ago. Did that happen? Who knows. Is it possible they did get those back and are now heads down reviewing everything and making sure the application is ready to go? Possibly. Would be great if they announced next week that it was back with the FDA for review. That would really generate some excitement and finally put this on a countdown.
I mean it's hard to argue with you because that's how I am looking at this now too. They tweeted about having the testing results completed and results in hand by the end of last week. Today? Nothing. No tweet on whether that happened or if they ran into more delays. The fact they aren't responding to emails on it doesn't look good either. They need to address this or this will fall down to .01s again.
Yeah, I know. I am here for the FDA approval though, and it's been dragging since late last year of just getting this back into the FDA's court. Here we are in late March and still no definitive word on whether they have everything ready to submit or not. Just gets frustrating dealing with this company because they put these self imposed timelines out there and then never execute to them.
It's not with the FDA yet. That is what is bugging me about the news today. It's these periods where they say something will happen (e.g. testing results would be provided back last week) and then they just go dark until it's finally at a point where the concede a setback. Seen it too many times here and hoping this isn't going to happen again. I can't stomach another move to the .011 support area.
Yeah, but now they’re being quiet again on the testing and where things stand there. Hope it’s not another setback at this point but sorta surprised they haven’t followed up on last tweet about it saying results would be provided at the end of last week.
Thinking the news we see at some point this week is going to be FDA submission related. Just have a hunch. I think they got the test results back last week and that is why you saw the spike in buying interest. It's very likely the 501K consulting company is already reviewing and doing their final pass of the documents with the expectation that all will be resubmitted back to the FDA by the end of the week.
Looking good. Slow and steady.
Nice green but somewhat sideways action. This is great for building a nice base here in the .02 area ahead of upcoming catalysts. Stock should move up to .025-.03 range on FDA resubmission news. And quite frankly, I would like to see it trade sideways while the FDA reviews. If and when FDA approval happens, .05-.10 is my initial target area for the spike on what I assume will be large volume. Then plan to hold a chunk for earnings forecasts and potential buyout from a bigger fish in the CPAP space.
Nice little move up earlier this morning. I expect it to continue creeping up over the next several weeks. Should push above .02 area on news submitted back to FDA for decision.
One would think. They’re going to be out of excuses at this point, at least anything anyone will actually believe. This is really their last chance to prove they’re legit and this 501K is moving forward to a decision. The biggest update I’m waiting for is that everything has been submitted and the FDA is on the clock. That happens and I think you’ll see renewed interest, volume, etc.
Bottom in with solid support here at .012 now. This will creep upwards over the next couple of weeks.
Yeah, I think that's pretty spot on. I do think this will see a bump up though once they get it back in front of the FDA, which could be anywhere 2-3 weeks IMO.
This is trading like the dilution has finally come to an end. Seems to be just light trading and purely retail. Should start to trend up heading into next week when the testing results are received. Then hopefully just a week or two tops to do one more final review before submitting to the FDA.
Fingers crossed the results are in line with what they expected (i.e. successful) and they can submit within a week or so after confirming everything is in order.
Decent close although I think the jury is still out on whether today's hammer is the turning point where this start moving back up. Will see how the rest of the week goes and see what if any updates come out from IR.
Yes, I did see that mentioned in a follow up tweet that they can use the extension. My hope is that the retest is really all that is needed since the post test analysis was based on it being done correctly, which after this should now be the case. They shouldn't have to redo everything like they did after doing the condensation testing, at least that is how I was looking at it. My hope is back in front of FDA by the end of this month, with late April early May as a final decision date.
Bought back in low .01s, will see how this plays out over the coming weeks. If they can get this back in front of the FDA, I think it should start trending up from there until a decision is eventually made.
Agreed. I'm happy to keep accumulating down here at the .02 range too. This will pop soon enough.