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Mayo Clinic is involved with RadioGel. John's Hopkins is involved with IsoPet.
He probably is working 24/7...but spends too much time (any) on IsoPet. Focus should 100% be on submitting IDE.
So educate the board on why so many people in this board are excited about IsoPet. So far, it doesn't generate any revenues and costs the company time and money.
Investing here is 100% an FDA play. And the longer it takes to get IDE approval the lower the share price will be. Look at the chart and you will see the truth of what I say.
This is true...all of these recent moves point to extreme confidence by management that they will be successful in getting IDE approval from FDA. Depending on how low share price drops before next positive announcement on IDE, I might buy another couple hundred thousand shares.
I did. It was a great listen. Hopefully this ticker can reach dollar land without a reverse split
I have some problems with him...but he isn't posting old known material ad nauseum on this board.
Exactly...so frustrating to see these repeat posts over and over.
I can see why you expect little to no share price increase with the filing if that is true.
That is possible. But it sounds like the new company not only has revenue but also has profit.
And we don't have multi millions in cash to pay bills for years to come. They might be able to sell more shares and raise capital...but it comes at shareholder expense in the form of dilution
Bingo. Focus should be 100% on the thing that will increase share price and give this company
I am. But (imo) keep in mind this ticker is basically unknown. Once we get audited financials and a ticker change, you will see many more people on this board and a higher share price. Until then...my goal is to add another 200k shares at $0.005. If we don't drop that low, then I'll buy 125k at $0.008 if necessary.
100% - I don't understand the time and effort spent on the pet side. As you said, it makes no money... and far too many people here think it's great. They predict great things coming soon, but they have been saying those things for YEARS now.
Why people cheer for updates that aren't related to IDE are beyond me.
In all fairness....they are on a path for IDE submission, but they are moving way too slow, in my opinion.
I'm keeping my eye on this one...hopefully they get some sales going this year!
Figures...big pharma needs it like I need another bill!
I'll back that as well
I don't have a crystal ball, but my post seems to have some logic. The chances price drops below 5 increase the longer we go without positive IDE submission news. I'm not happy to post this, it just seems to ring true based on recent pricing action.
Not when my cost average is 9 cents. I have only 2 options, hold until they submit IDE or sell for a loss.
Hopefully I don't have to sell for a loss.
I'd be happy with IDE submission by June/July of '24!!!
There is no FUD, only reality. And I, for one, hope and pray that we will be meeting with FDA in March or April. If not, expect share price to drop even lower.
The 4s will come the longer the market doesn't see positive movement on IDE. Mark my words. It's NOT MM manipulation...instead most longs are holding so even a minute amount of shares traded will move the share price.
We all know that the share price will go up once the IDE is submitted to the FDA.
Agree. The longer it takes to get that next FDA meeting the higher the risk imo. Hopefully next meeting is scheduled for March or April and IDE submittal shortly thereafter. Time will tell....
Anyone who has shares for 2+ years would know this is 100% expected. The market responds with higher share prices only with positive news on IDE. END OF STORY.
It's NOT MM manipulation it's just the way a ticker with zero revenues share price will behave. This is why the cheerleaders frustrate me so much...as if their stupid posts about how great our CEO is or another vet clinic opening will actually help out share price.
Appreciate the post
I know you were not asking me, but I am not convinced MMs manipulate stock prices. What is happening now is that this is an unknown stock so a single buyer or seller can make the price go up or down...imo
Good for me...I'm still waiting for funds to clear so I can buy another 100k shares.
"finally getting ready to submit the ide..." What?!!
They have to complete the genotoxicity studies and schedule another meeting with FDA before they can think about submitting IDE. Until we are told otherwise, they are at least months away from that.
Appreciate the feedback and yes, I haven't been paying as close attention to the Tweet updates as I should. Agree with everything in you post 100%
Based on an update on 10 Oct (see below), if the next phase of genotoxicity testing will take about same time as the 1st phase, it should be all done in 2-3 months.
"Genotoxicity – Based on the FDA recommendation; on September 29th we participated in the Pre-Sub meeting to discuss the Genotoxicty Chemical Characterization Protocol (GCCP). We now feel sufficiently confident to initiate the genotox testing next month (October–November 2023)."
Thank you for sharing!
What concerns me is the following from the update:
"Genotoxicity
We participated in the Pre-Sub meeting with the FDA to gain a consensus on the Genotoxicity
Chemical Characterization Protocol. We have now completed the first phase of the testing."
I HATE ambiguity...how many phases are there in the Genotoxicity study and how long will it take to complete?!!!
Are we 3 months away or 9, or 15 from completing the Genotoxicity study? Based on the update...shareholders are left guessing and those on the sidelines will wait.
Mark my words, there won't be any surge in share price after this announcement with significant volume. A bump maybe, but nothing long lasting and we will float around the 5 and 6 cent range until positive news about IDE is shared.
That is a delusional statement. Pfizer has the FDA by their side and I'm sure there is stock and / or money going to FDA people (bribes). RDGL has no money and therefore, no influence with FDA.
All imo
The document I'm most interested in is a 10Q with revenues
That is concerning. Thank you for sharing
💯 %!
I believe patience will pay handsomely here
It's awesome that the CEO is active on the message boards like this, responding to questions. Love it.
💯!!
And how much money did that cost to make? We certainly don't have any revenues to pay for things so RDGL is using money that should be spent on IDE for this....sad.
Thank you for posting that date! I might move money 2-3 times between now and then to load up my little boat!
The truth in your statement will offend some of the cheerleaders here. If they don't let you know it now, they will sooner or later if you aren't constantly cheering how great this company/CEO is.
I think you are spot on.