is saying, "You're not as 'powerful' as you think."
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Someone is supporting this stock for this run up with just the only announcement being they got the app to work. It certainly isn't being supported by robust sales or increasing gross margins. Nope. Something's happening in the background people know about it and the only people that don't know about it is....US! I guess I got caught with my pants down, or perhaps up, when I couldn't execute a trade but all of my price increase alerts were going off. I'm glad I didn't pull the trigger at this point.
I'm hanging on because I think I'm going to break even.
Curious why the 24.444444% increase yet STILL no real news. Must be spooling up for more than one announcement or perhaps major funding?
...and here they are... Almost like clockwork but with a cornier schtick. I need a new schtick. That "Lil fat kid with a big fat dream" schtick isn't working for me anymore. Thoughts? Suggestions?
Ed, is that you?
I hate to be the chronic social media over poster, So I'll do my best to sound remorseful for being a chronic social media over poster. Triple gains on an announcement that they finally got the software figured out? In an age where my grandbaby can figure out how to program my TV how to turn to my favorite television show without me even touching a button? I hate to sound optimistic but I think people out there buying this stuff know more about what's going on with the internal workings of the company than anyone here either knows for a fact or is letting on to. I just can't buy the b******* of we suck so bad it took us 3 years to figure out how to get a program to work. Something else has to be up.
...I still feel I'm in the right place for a little bald fat kit with a big fat dream....
G-damn....something WAS happening by that "Failed and Incompetent" CEO. Lookie, Lookie!
Guided Therapeutics, Inc. (Pink Sheets: GTHP), the maker of a rapid and painless testing platform based on its patented biophotonic technology, announced that it had completed software changes and documentation required by the Chinese FDA for marketing approval in China. The Company has worked together with its Chinese co-manufacturing partner and distributor for China, Shandong Yaohua Medical Instrument Corporation, to prepare for filing with the Chinese FDA. Shandong has previously issued a purchase order to the Company in the amount of $2,538,070, one quarter of which is to be paid to Guided Therapeutics upon filing with the Chinese FDA and the remainder to be paid once Chinese FDA approval is granted.
“The process of completing the necessary software changes and documentation has been more arduous than expected and was impacted by the current Covid-19 pandemic, first in China and then here in the United States, so we are pleased to get this important step behind us,” said Gene Cartwright, CEO of Guided Therapeutics. “Now that it has been completed and the epidemic has abated in China, Shandong can move forward with testing of the device and then filing with the Chinese FDA.
“We are pleased Guided Therapeutics and Shandong have completed this phase of the approval process and look forward to completing the application file for gaining approval from the Chinese FDA,” said Yaohua Li, Chairman of Shandong. “We continue to have confidence that the Chinese market will be especially strong for this groundbreaking technology. We expect to file with the Chinese FDA this year and would plan to receive approval next year.”
According to the World Health Organization, cervical cancer is ranked as one of the most frequent cancers in women in the world and in China it is the second most common cancer among women. China has a population of approximately 560 million women above 15 years of age, who are at risk of developing cervical cancer. Current estimates indicate approximately 100,000 new cases of cervical cancer are diagnosed each year and 30,000 deaths occur annually due to cervical cancer in China.
News is out....
Authorized Shares 3,000,000,000 as of 05/26/2020
Outstanding Shares 11,764,629 as of 05/26/2020
Still seem to be under the radar. 16% increases and no news. Me likey....
What's even nicer, USA Dave, is the message board is still really quiet.
Agreed. No news and look where we are with the share price. People must be accumulating. People poked fun at us for buying in the teens. Lol.... I guess there's no longer any regrets for buying those shares we were buying at $0.15.
Not sure these 'parents' are for sale, but I wouldn't be surprised of a buyout based on 'patents', but you could be right. I hate mine (parents, not patents.... I don't have any valid patents, currently) and would sell them for a nickel a share..... those bastards! But even if there were a buyout, there would have to be sales and profit (or close to profits....) and that's a long way out.
...in other words, your best move might be for no one to sell your shares.
Nope, I think those of us that have been around long enough know what's going on and what's about to happen. He's making another run at the FDA. If what he has announced is accurate he is speaking with them and positioning the device and the run at the FDA for success this time. He's working with them (and clearly they must be more willing to work with him). If that happens, and this gets sales, this thing is a takeover sitting target by a big device maker takeover. From what I've been told, let the commons fund this through infancy and testing, once tested and approved with sales and profit, someone will want to take it over to really grow it.
LWE, you're a guy that seems to be in the know..... What's going on with this? Got any solid confirmed info? So nice to see triple digit green on my new shares but I still have massive red on my oldies.
Whaddya think, USA? News today? Strange spike to 46 on what grounds? Speculate please.
I was afraid this was going to happen. Here we go again.
I have % increase alerts set up on ETRADE and Fidelity and my phone was ringing like a whorehouse's phone on Nickel Night! .46? No news? Gene, what are you up to?
Why would someone buy at .46? Just to get in.
Yesterday, Volume 44,342
Average Vol (30D) 17,768
Outstanding Shares 11,764,629 as of 05/14/2020
Tranche is a fancy word for 'a portion of something, especially money.' So, where is the second portion? Its available - we know that. Not taking it? Why? They cant be in deep trouble again if they are at least getting filings close to being on time...
My bet, Gene is leveraging something or somebody to get the company a better deal, easier terms, something, hopefully relating to funding and not just cheaper rent or relief on the delinquent Prius lease.
....and just when I turn my back and GTHP announces something it ends up being the expected unexpected delay, lol... Too funny
Just when I think we are going to get an announcement we have to wait a bit longer. Drives me nuts. Its been 4 weeks. Its like watching paint dry.
At least Gene has skin in the game to get this thing off the ground.
For Dr. Cartwright: ($000 omitted)
Salary $ 337
Bonus 675
Vacation -
Interest on compensation 59
Loans to Company 528
Interest on loans 22
Total outstanding $ 1,621
Amount forgiven 1,302
Promissory note issued in exchange 319
I'm not a chart guy. Wouldn't bet money on it as they're not selling anything at the moment, but 110% on board that the 100% available and quietly working CEO who doesn't waste everyone's time every other day with complete b******* public relations announcements is getting things done behind the scenes.
But I find interesting is even though we're a 80% from the lows, the ridiculous pumpers have not arrived yet. I would not be surprised if we did see another announcement on progress this week. Share structure hasn't changed but it's going to have to if they're going to move forward. I'll be keeping an eye on the outstanding shares everyday.
I'm not going to judge that person. They may have judged themselves by referring to themselves as an idiot. Reluctantly, I'll agree with it, but ONLY RELUCTANTLY!
Well, at least the admission upfront that you're an idiot is out of the way. Thankfully you've pegged several of us others as idiots here as well. I'd like to welcome you aboard and wish you ......well?.... Let me give that some thought and I'll get back to you
so someone was giving me crap claiming that Gene Cartwright (if you're new here, please read his bio and what he's done as well as the rest of the board of directors) was failed and incompetent. That same person was wanting me to buy their shares at .15 or whatever while I was buying below that. My philosophy on the coffee company called 'Joe'.
If I could buy shares of 'Joe' at .102 and .11, .12, .13 etc., but someone thought you should be buying their shares at .15, .17 and the shares were identical.... and you thought they were worth .25, whose shares of Joe would you buy? His Joe shares at .17 or My Joe shares at .102?
Well, today this closed at double what I bought some shares for because of....?
Letters of Intent?
Letters of Intent to Issue Letters of Intent?
Blowhard fluffy PR's?
A new idea in some crooks head?
Because we're being pumped?
Because we're tops on the 'break-out board'?
Rapid fire press releases about nothing?
The Moto-meter (sorry, wrong board...)?
No, an actual technology and an actual product making another run at the FDA, with a guy at the helm that understands what the FDA wants to hear and see, laying groundwork along the way. I should give him a call again. Its been awhile.
OK, I'll fess up. I did buy more today. Several have posted about the S1 and the funds to grow. I guess I am always going to be the skeptic in the bunch. I don't spend enough time digging into the details as I am freaking swamped with work due to my profession (I originate mortgages). That being said, I have some alerts set on my E-Trade and Fidelity accounts and my phone has been sounding off like a car alarm during a Cleveland Browns Super Bowl win riot. Ok, even I admit, I know this looks good (really good...)and Gene has been busy. I don't feel like he screwed the commons in a typical stinky-pinky $hit $how. I hope they've made adjustments to the last filed claim, even if the last pap-smear-loving-bride-taking-low-life (but clearly valued) lifelong pocket-lining-corrupt scumbag life-time-appointed government official has retired.
My next post will be about my investment philosophy on a pretend penny stock coffee company, I'll call 'Joe'.
I'm done adding. I got some at .13, .14, etc. and am waiting it out. My concern is the S1 isn't going to show enough funds to get an FDA trial done. I know they cant use any China data exclusively(if it were EVER to get assembled) because my research shows the genetic makeup cant be diverse enough. Probably a nice lil' bonus read for an FDA submission.
Proudly, I ran the table one day with 2 shares purchased at .12. Proud, so proud.
I'm betting he has additional funding lined up but is keeping his hand close to his chest. My best guess. I used to talk to him a long time ago. He isn't the clown that some kids on here portray him as. Not even close.
. I'm waiting for the fly-by-nights to start posting things like "did some quick DD, fella's. Seems legit." It's about to start.
That would have make me flush.
Naw, fluff. But on a more serious note, when I was buying at .12 and .13 and SOMEONE was trying to goad me into paying his retail to take his shares, I said, "BALDERDASH!"
I am still skeptical of this FDA talk when two months ago we'd have prayed for an upcoming LOI of an LOI with Burlapistan.
Tomorrow is the alleged timing for the high-powered, high-level negotiations between the high-influence, cash-rich global conglomerate Guided Therapeutics and the weak, feeble government agency, the FDA. Clearly, GTHP will have their way with them and tell the FDA how things will happen and on their timeline only.
brgggherlllaarrrffuurrppp…. sorry...I guess I was dreaming....
GTHP hopes to get a mulligan and get some easy terms for the trials and path forward. That's more like it.
Pehaps a fluffer piece to follow.
Only 1,956 shares traded today. Hmmm. well, at least my two orphans from yesterday are already making Foster Daddy proud.
That would be a good question for any regulars on here to press Gene on. From what you wrote and linked, that could be an amazing game changer.
Two shares needed a new home today. I had 27 cents just kicking around, making an awful rattling noise in the bottom of my pocket. We had some extra room in the home and I would have felt selfish if these two could not have been adopted by a loving, caring family. What was a person with a conscious to do? Identifying the need and after a brief family meeting, I sprung my family into action. I am proud to announce here this evening that I have granted these two orphans a new place to stay.
? Huh ? Could you elaborate a bit more?