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My TD shows it. Huge NEWS!
They are going to go to the FDA for approval this way they can maximize the upside. Why do it twice for two times the cost? Their not the government, just a small start up with minimal financial means, can’t be wasting money on multiple trials just to appease impatient iHub members.
Patience, this thing is going to blow up over the next 6-12 months
Well said dollarsquad.
I also believe 150% in this company and think any shorts will eventually take it in the shorts if they are not careful.
Glta
I have. They Don’t inspire unending confidence, but also don’t scream SEC violation in my opinion either. putting out a video if scamming would probably not be wise, especially when Vague news releases would be just as sufficient to pump and less incriminating imop.
I’m taking a wait and see attitude. No dilution yet and stock price has been holding steady and trading pretty normally.
Visualant has invented multiple devices in the past that worked, but were difficult to monetize. The key is ChromaID would make sense as a stepping stone to this new technology. They have almost 20 patents/pending. It’s not like they said they were going into blockchain or pot.
And if you look at their reports they have actual cash flow from other operations that shows they are able to at least run a business.
What makes you so sure it’s a scam?
A little over a week. Same day as the announcement for the calorie counter came out. Why don’t you request one? They are only $100. I’m sure you, as I have, spent more for worse stuff...just a thought
In lieu of crickets I will say this in my opinion... I requested to get on the preorder list for the calorie counter. They said they put me on the list and would contact me shortly with an update and more information on next steps. I assume they are compiling 1000 pre-orders and once they have enough will proceed with their plan. When they do and they give me a timeframe I will post something. We need to Have some patience in these early stages imop. I am excited they have offered a pre-order and it bodes well for cash from sales to support further operations. This is a 1-2 yr minimum hold. If you are looking for just short term gains this may not be a good fit for that as there will be bumps along the way. All imop of course. Glta
Typically for a device like this it’s 12-18 months conservatively for FDA approval. That being said the Dexcom was approved in less than a year and it is invasive. So it is possible it could be 6 months or so once they start the process...but they must raise/have the money first to get the FDA approval and that takes many many millions of dollars.
Reading between the lines on their website they mention fitness/well being and may be devising a creative and non-dilutive way to raise the capital needed to apply for approval. In my opinion this technology has to have other benefits it can offer (think Fitbit on legal steroids)to the fitness/health market while waiting on FDA and those benefits can be marketed and sold even before the CGM portion of the tech is approved.
Fitness and weight loss is a huge market in and of it self. If they go the product sales route they can raise the money for their application with real sales and pay cash for their application without diluting shares. The other and primary cash hurdle is having the capital to produce more than a prototype. For this plan to work they need enough inventory to sell. Maybe they already have inventory, but I doubt it. Either way I hope they have a plan. Not sure if this is what will happen, but it is a strong possibility in my opinion.
Who knows that else this device can do?
Their previous technology (chromaID**)this device is based off can do so amazing things, there was just no market for an expensive device that can tell the differences and ingredients in different types of vodka for example. Now that they found a way to tweak and monetize that and other patented technology, to the moon and beyond with this company!
GLTA!
Maybe this is what is driving the price movement...
https://finance.yahoo.com/news/know-labs-invents-way-detect-130000013.html
Opening the door to government cheese? Interesting to say the least
https://finance.yahoo.com/news/ewellness-accelerates-strategic-sales-marketing-130000578.html?inf_contact_key=d6cf239a13549225cfd62b204d7ae536d3118176bdc885e6c1d9ce2c9580805b
Geez Debbie downer! Have some patience Ugly. The Companies fiscal year just ended January 31st and they should be reporting soon. As young as this company it is very likely they show 2-3 million in revenue right off the bat!
Plus reporting is good news because it shows they are taking the SEC seriously and now more eyes can get on the stock as well.
They have top tier management why shouldn’t they be paid? Especially if the company is making money. There are Big things going on behind the scenes. Mining operations as well. This is a legit company not some stinky pinky. Keep the faith
All I’m imhop of course
Great article on EWLL and the telehealth industry in general.
https://www.baystreet.ca/stockstowatch/3161/EWLL-A-Disruptive-Small-Cap-Stock-About-To-Enter-The-30-Billion-US-Physical-Therapy-Market
Of course. Shares are restricted for a while so no worries on dumping. Not my plan at all. Hope others are responsible as well
1000+++? I hope your right. Why do you predict so high? Low float?
I agree management is solid and being in business of selling the picks and shovels for the gold rush is the way to make money. The blockchain tech, ICO (initial coin offerings) and the Puerto Rico bank fractional lending is going to be a home run. People can deposit their crypto and take out 50% as USD. They can keep their coins and still have cash. HUGE!!!
I believe 1000% in the company but 1000pps? Wow!!
I’ve got 20k shares at 1.25 thanks to the split.
Zip code changing. Hell 100 pps would be life changing!
Go BCII
Imop it’s a volume thing. There were a bunch of institutional investors that sold off their converted shares. Look at the volume from the peak a month ago. They are all basically out or holding what they have left. Stock is held in super strong hands now. Just a matter of time for big news or investors to get their eyes on this. No reporting of profits till late January or so. This will be a sleeper most likely with a small build up over the next two months. Patience is key with this one. Profits are coming most of the risk is out of this one imop. Just need patience
Canceling the reverse spilt is a very good sign. Shows management has tons of confidence EWLL will get up listed to the NASDAQ on its own. Lots of revenue to report 1st qtr 2018 and big time debt reduction in recent report. Looking up!
EWLL!!!
Looks good long term. Next month tough to say. Good things coming up and going on. CEO is presenting at a major PT conference tomorrow discussing the PHIZO platform as well introducing a new lead generation took that was just announced yesterday. Based on the deal with endeavor alone long term this company is just getting started. Odds are some PT practice owners will understand that during the presentation tomorrow and that may spur some buying and get that pps above .18-.19 once that happens .14 will never be seen again imop. I would like one more bite at the apple at .09 but i think that ship has sailed. Not to mention classic cup and handle pattern that has emerged on the weekly chart. Very bullish. Penny stocks are less likely to follow these patterns of course but it looks strong in my opinion.
Any others have thoughts?
Going to the moon. 4.1 million gross revenue starting Jan 2018. With the large margins and their product produces and limited competition st this point the sky is the limit. They are cash positive as soon as the first qtr 2018. No more outside debt needed. Endeavor is even helping offset some of their shared start up cost! Plus If endeavor continues to grow as a health care provider at their current rate then that will translate in Big revenue coming soon for EWLL. 100 million + annually or more. Especially since endeavor is a private company. Only way to participate is with EWLL!
This thing is going multi dollar level maybe even double digit dollars in 2018. Get your ticket now before these prices are never seen again. No pump just my opinion based on lots of research and patience. Been in this since December 2016.
Go EWLL!!!!!
In to win, I believe. Thanks to all for the DD, even the negative Nancy's. Would be less believable if they didn't chime in! Just added to my holdings and slapped the ask At .0025
Go HIRU!
New to the MLCG Crowd. Thanks for all the DD so far. In at .0008 looking forward to the ride!