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It’s coming
Yessssssss!!!
Well said Golden. That announcement will come in due time. Until then, we can just continue to grow the company organically.
More clinics-more money. EBITDA by its most literal definition
In all honesty - the sharing of texts/emails/private correspondence has done more harm than good for this stock. I?t runs rampant within the BVTK arena and the outlets from which to get information are diluting (no pun intended) the validity of any so called news.
I? saw someone asked if BVTK was involved with University of California IT security. Same response- “Yep”. My gut says you could swap California with Texas or Wisconsin and receive the same response, but who actually knows if it’s true. Wishful thinking has taken a strangle hold on many here. I? am guilty of the same, but fortunately my conviction wasn’t as strong as most “longs” and I? got out with minimal profit, though unscathed.
Just my two cents, which I? know isn’t worth much, but I? challenge you to think twice before taking a screen shot of a very easily manipulated email thread as fact.
Wow...I? guess there is some merit to the “bashing”.
Woah. What happened here?
Yes sir! Looking good here.
For sure. Can’t help but think the second go around will be smoother with defined rules and regulations in place. From what I? understand, there was too much uncertainty in how the process went on the first attempt, hence the additional info requests and resetting of 60 day clock.
If those uncertainties can become black and white, then navigating them with confidence should lend to a smoother attempt this go around. Just my two cents.
Mike has been very transparent with me in all aspects of my communication with him. He’s a good CEO that cares about his share holders. I? hope you receive the response you are looking for.
That’s one way to look at I?t! Regardless, the future of USRM is bright. Not trying to stir a pot as I? have been long here since Feb. just can’t help but think some clarity on the matter would help all parties involved.
Couldn’t agree more Lonewolf. Well said.
Could you point me in the direction of where he said this? The blog said they were pulling out due to uncertainties from the FDA but did not state that they would pursue after the release either.
What I’m getting at is that the company should announce in black and white that this is in fact 100% their intention.
I? know many people who have left due to not knowing if RMAT is in their future plans or not.
FDA guideline release approaching. Hoping USRM gives us something to sink our teeth into. They have improved financials Q over Q, just need confirmation that pursuing RMAT is a priority when the time is right.
Great post Xpecht. Very well said.
Star, I completely disagree. You do realize that many companies do not own the locations they operate out of right? The more locations, the more money that is made-regardless of ownership in the asset/property. It’s a function of EBITDA. Owning a location means nothing. The more clinics that open and use their kits, the more money that goes to the bottom line.
Additionally, have you ever tried reaching out to Mike Tomas to ask him a question? I can assure you your tone would be different if you have. He is very quick to respond and answers to the fullest extent he is legally allowed. Shoot him an email and be respectful. I assure you he will respond.
Ok RyGuy, I’ll bite. In your opinion, what action could USRM take to make this head north? Are you of the opinion that RMAT is the only driving force at play here?
Awesome post Seven!
Very well said. Earnings report is solid and shows continued growth Q after Q. They are doing everything right in terms of growing the business organically and free of any dangled carrots. However, I feel like the elephant in the room is RMAT. People want it. It has been pursued in the past and I believe it needs to be pursued again when the time is right and the playing field is level (guidelines).
Honest question here. What do you think the PPS would do if USRM made a formal announcement addressing their full intent to pursue RMAT once the FDA guidelines are released?
We all know we’re at the mercy of the FDA and their timeline regarding releasing the rules. Just curious if you feel as though an announcement of that nature would be beneficial for the future.
I scooped some 2’s today. News will come in due time.
I believe it’s from each purchase date. So if you bought 100k a year ago today and another 100k a month later and sold all of it. Half would be taxed at a much lower % than the block purchased later.
I’m not a CPA, but that is my general understanding.
Couldn’t agree more Doc. Happens every time for me as well. USRM will have it’s day again, just going to take some more time by the looks of it.
Silver lining - may get past the one year mark to avoid high cap gains. It’ll be a year in February for me ha
It was posted all over the Facebook group. That’s why I asked multiple times on here. Check my posts. I also stated I can’t get the website to work for me. How do I post a picture? I have a screen shot
Yes it received non-final patent rejection a week or two ago. I have been asking the same question to get insight with no response
It’s due Nov 12. They usually deliver early.
Hibernating until News is released. One way or another it’ll move. Just need to see what the plan is.
What is going on with the Ecrypt one patent? Anyone have info on this? I read somewhere it was rejected again but I cannot make the website work. Likely user error
Was released yesterday
Understood. Like I said, I dont fully understand the schematics at play regarding this situation. Someone just asked where the 39M number came from.
Thanks for the feedback. Someday maybe I’ll actually understand it
I’m not savvy enough to full comprehend the scenario one way or another. Im just relating to you where the 39Mil came from. I know there is no after hours trading in OTC so I’m not sure how to qualify those trades as anything other than dilution. If I’m wrong, please correct me
Count all of the after hours trades made today. They equal 39Mil
I believe his words were “we do not want or intend to do a reverse split”.
Is there any truth to the patent being rejected again? I saw on the FB group that it had, but I cannot make the patent website work for the life of me.
I don’t think they’ve released that info yet. At least from what I have seen
It will be Vice News on HBO. Same production company owns a TV channel named ViceLand as well. But I believe this segment will be aired on HBO on Sunday evenings
2 buys totaling 97Mil on 003’s. Wow!
New Tweet!
$TGGI - an update for Cannabis Consortium will be released shortly and should dramatically speed up its ability to raise capital on its own.
Of course! I don’t disagree with you about their PR abilities. Broadcasting PR’s on major news outlets was a topic of conversation. CEO Blogs aren’t getting it done. I imagine once those guidelines are released, we’ll get some fresh PR’s.
Myself and a handful of other investors on this board had a Q&A with Mike Tomas and his team. They are anxiously awaiting the release of the guidelines and have full intention of re-applying for RMAT once they have a chance to review and fully understand the situation.