is saying, "You're not as 'powerful' as you think."
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Been watching this to jump in for several months now. I've been way and waiting and waiting. Anyone care to share thoughts on getting in now, keep waiting or to run far away like a frightened 4 year old?
Why would a follow 10-Q in a timely manner be so long of a wait? Speculation? Anybody?
Don't beat yourself up. Been in this and lost a fortune over 6 years. Don't blame you for looking to get a better deal. I do feel I can make it back but I'm as scared as a 7 year old with leprosy. Maybe something will change for the better, instead of the statements with all the caveats of a (insert anecdote here)!
You and your silly facts. Means nothing to us DOE's (Deciples Of Ed). 300000000000/share, Secret Service MI26 Approved! FBI/CIA/WWE/WNBA APPROVED. GTHP GENESCANTOOL
Zeppo, can you expand/clarify the question? I'm trying to follow along but I am a dumb fat drunk.
I bet you're right on the second 10Q and then the s1. I sure hope that some countries distributor figures this s*** out and starts placing an order with cash up front.
Orders, orders and more orders. Filled orders, more filled orders and more filled orders is even better. Now you're talking my gross margin game, USA.
Unlike some posts I've seen on here, I usually deal with "In real life" daily. Not throwing stones, Ed, not throwing stones.
This CO needs a revenue stream and a pretty big one at that. I think its fun to talk about FDA submissions and approvals. Kinda like the same fun we talk about when we'd all win Powerball. My opinion is GTHP needs to get a big manufacturing deal with some country to make money and create profits to pay for any FDA pre-blahblahblah or we all just face more endless cycles of dilution and RS. But, my opinions are just that.
So, is now good time to get in? Lol!
It would be nice if RMSL could get real support vs us clowns painting tape.
I saw this in an email from China Med Device. Its not as entertaining as last nights episode of "The Bachelor", or the hopes and dreams of men using the Gene-E-Us colon tool scanner, but worth a two minute tumble.
Innovative Device Status: Only 20% Claimed by U.S./ European
Of the 39 medical devices granted Innovative Device Status in 2019, only eight (just 20%) were imported devices. Since domestic and overseas manufacturers have equal opportunity for this program, U.S. and European companies may not be taking full advantage.
Read the article for the full list of imported Innovative Devices in 2019, the three fast-track channels and takeaways for overseas manufacturers.
What’s Innovation Approval and How to Apply
The final version of “Innovation Approval Procedure for Medical Devices” (click HERE) published on November 5, 2018 lists four criteria for manufacturers to apply:
• Provide Class II / Class III medical device with significant clinical application value,
• Own valid invention patent and have China Patent & Trade Office coverage,
• Complete the preliminary study on prototype with traceable data, and
• Have an authorized in-country legal entity.
If the “Innovation Device Status” is granted (which does not mean “approval”), the device will be allocated ‘front-of-queue’ priority throughout the registration process. The granted priority affects the classification determination, pre-clinical testing, QMS auditing, and CFDA reviewing/approving processes. Meanwhile, a specially-assigned NMPA officer would check in and provide guidance throughout the whole expedited process.
Three Fast-Track Channels
Three fast-track Channels has been established by NMPA to encourage innovation and deal with unmet medical needs: Innovation Approval, Priority Review and Emergency Approval.
For Priority Review, applicants have to meet one of the following scenarios:
• Treat rare diseases with significant clinical application value,
• Diagnose or treat malignant tumors with significant clinical application value,
• Diagnose or treat geriatric diseases, which currently have effective diagnosis or treatment
• Be intended for pediatric diseases with significant clinical application value,
• Be intended for unmet medical needs, which currently have effective diagnosis or treatment, or
• Be listed in National Science and Technology Major Projects or National Key R & D Plans
For Emergency Approval, have to meet one of the following scenarios:
• Be intended for public health crises, which currently effective product, or
• Be intended for unmet medical needs
Tips for Overseas Manufacturers
Overseas manufacturers have to bear in mind that:
• NMPA gives overseas manufacturers equal opportunity for the fast-track channels. No difference as to the qualifications for domestic manufacturers vs. overseas ones.
• “Conditional Approval” applies for urgently-needed medical devices. NMPA issue the “Guideline on Conditional Approval for Medical Devices” on December 20, 2019. It specifies that devices and IVDs indicated for life-threatening illnesses can be granted “Conditional Approval”, if the benefits of the products overweigh the risks, and the manufacturers are committed to do further clinical research;
• They can initiate innovation approval applications at same time when applying China Patent & Trade Office coverage. Application does not have to be made after getting the patent;
• Having been granted “status” does not mean “approval”. With ‘front-of-queue’ priority, they still have to go through the normal review process.
China Med Device has translated “Innovation Approval Procedure for Medical Devices” and other official NMPA documents into English as a service for its clients. Email info@ChinaMedDevice.com for details.
Quite honestly I'm shocked we didn't get something today. Maybe Gene is looking for an accountant who will do the 10 q for $25 or 30 bucks. I mean they only have so much financing.....
What? Perhaps I should revert to Chrissomebody's 'let's all be Brazilianaires' comment and just get back to work? OMG..... I'm going to try to be a brassiereionaire.
10qs tonight? Dave predicted a Friday night.
Dear Jesus Lord above I love this message board! The wife and I are laughing so hard that we have tears running down her faces.
Come on brother. Stop educating. You're ruining this $hit for everyone.
Wholeheartedly agree. That's why I use terms like "patents with diminishing value". The sooner this thing gets off the ground and starts making money the sooner they can be looking at things like the esophageal cancer adaptation, and Ed's favorite, "Ed's colon tool".
In defense of the never-ending-fun-stream (aka Ed...), both devices plug into something, right? 110V and 220V, that's sooo close.... Let's face it, its just a few V's away. Almost identical!!!
For once, Ed, I can mostly agree with you. Please keep posting, It eases my financial pain!
And then again there's posts like 14331. So much for legitimacy. Lol... Can I get me a drink over here?
Selfishly I wanted to stick around this range for a few more months till I get my financial head straightened out. 30 days and then I'll tell everyone when I'm on the bid.
"Mandate" is bull$hit. No disrespect to you intended. That's like when my commercial loan officer says I need your tax returns every year after I give you this loan. Pfftttt. F him. I believe this product will have a longer life than some people expect, if this freaking thing ever launches.
20q - love it. Only at GTHP.... I suppose if they haven't been able to afford the 10-q NT, twice, they probably have a lot of catching up to do. Here's the question.... Do the 10-q's come together or do they come separately in chronologically most delinquent order. Then do they do the year end results or S1 next? I wish iHub had the tech where we could pick squares on this. Perhaps GTHP could create this raffle for a revenue stream....
Where are those 10-Q's?
USA Dave, you didn't miss it. Perhaps someone will get an ETA?
I think the common link is both devices plug in.
Your words are encouraging,. GSOK.
I think it's all in our perspective of what's transpired over the last 10 years. For me, my view is he dragged this POS off of the s*** pile and kept it alive at any means possible and most recently showed he gives a s*** about the Commons not wanting to give him the f****** shaft once again like they had to endure to keep this hot mess afloat. I'm sure your perspective is much different, sir.
Nice to see some very experienced and knowledgeable posters suggesting the failed and incompetent CEO may not have taken the easy road and COMPLETELY sold out us surfs, indicating by proxy that he may not be that incompetent and failed? Trading and filings/interpretation of is not my expertise, clearly. But P&L's are more my thing. Sales, orders, margins...... I'm determined to go to next shareholder meeting. Who's close by? I'll pick y'up on the way from Elksnot, NH. (Highest alcohol consumption state in the country...you're welcome...)
On second thought, this has been a depressing journey for 6 years. You've instilled a sense of insanity and craziness that can't be replicated. Please keep posting your reality. Your posts provide comic relief that keep me off of the ledge of that tall building wanting to kill myself. All I want is more!
You said it took Gene 16 years to create the scan. Now you're saying he was recruited in 2014? Come on, bud. You're a fun guy and all but let's try to keep it a little bit real.
Agreed about the limited volume with the close price I haven't seen in quite a while. Certainly would be nice if this was the bottom although I wouldn't mind it cellar-dwelling for a little while longer cuz I had some cash to buy more shares.
Gene Scan and Gene Colon Scan Tool Tesla Apple WNBA FBI NATIONAL DART ASSOC WNBA MI5 certified by IRS and NOAA and most recently Santa Claus (and if you can't trust Santa Claus who can you trust at all?)!!!! $100,000/GTHP GENE 15YR SCAN.
WILLY FRICKIN' WONKA?
National Darts Association. They are the latest ones to approve Gene E. Us Scan Summer of China Love now that it's been approved by the CIA MI5 NSA WNBA FBI and National Association of Tree Nuts and Dried Fruit.
In the back of my mind I still think that anyone that offers them financing must know something that the rest of us don't know. Who'd be willing to finance this deadbeat company to that extent unless there are reasonable assurances that they're going to get their money back? The risk and rewards have to be of very great potential. Don't they?
Dilution because in order to get something, you'd better be made to give something up. The only thing they have is shares. No land or owned buildings or tangible assets, except maybe aging patents with diminishing value every day. Without any sales or consistent revenue stream but with a potential to sell high margin goods (if the market can be made or created) the only thing I can think they could give up is shares of CIA/FBI/WNBA verified Gene. E. Us Scan.
No doubt SERIOUS dilution is coming. The question is, "how bad will it be"? I am hoping we don't end up with more than 30 million shares and don't lose more than 90% of our value. That being said, sure beats bankruptcy. Or does it.....
Most men I know want it and are lining up for Gene Colon Tool Scan!
I didn't see anything in there about the application for MI5/FBI/CIA/NSA/WNBA certification. Are you sure this is