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I would now say its officially game over with this stock, they have now pushed the pet cgm backorder to october what a joke
What did change is the website originally said by the end of august now says just august
Thats old the website was updated at the end of may
Delivery estimate on glucurve canada
Is now may, was feb,
Thats great insider info from them
Yes very frustrating… there was alot of shares sold yesterday, just have to continue waiting for results silly to sell before the next round of accomplishments unless of course they dont deliver
Did the glucurve study show something disappointing and someone knows it?
We are getting killed
Glucurve.ca is up and running
Clicked on pre order and it says sold out. The cost is $149.99 CAD
Well! We’re waiting
Never thought it would be difficult to shore this up at .035 but got the majority of my 100k shares filled.. not sure why all the selling
20f was filed today
Looks like shipments pushed till Q3 2023 of the 2nd generation pet cgm.. the initial shipment failed to meet specs.. and refunds will be given
I’m interested to know if they hit their 4th quarter 2022 and 1st quarter 2023 sales guidance.. there has been no revision upwards so far . just hoping they under estimate and over deliver
We got the projected revenue in the last PR what would be nice is an increase in projected revenue
ZZZZZZZZZZZZZZZZZZZZZ
The glucurve is on the covetrus website goto their supply chain and search cgm, its the first thing that comes up
The gluCurve promo on the website is kinda cool, maybe someone didn’t like it and sold. Ha
If your looking for shares absolutely, if your looking for some appreciating s/p cause your fully loaded , then no
Thats a crushing blow
Any one see any press release on any major news outlets ?
Revenue Guidance looks impressive hopefully this bolsters the stock price and no R/S in the future
A R/S is very risky i have seen asian stocks get destroyed, IE ifbd a SAS company with revenue that did a ipo then lost compliance then did a r/s and lost compliance again all within the last 2 years, its not worth shorting a .05 stock with minimal revenue but a 2-3$ stock with not much revenue to back it up is like candy to a baby. Be careful what you wish for. All markets no matter what platform they are on (otc, nyse) are able to be manipulated.
Well seems covetrus doesn’t think so. Since they didn’t announce anything
Honestly yes its a big deal for alrt but for covetrus its just another product line among the thousands they already sell so to them its not a newsworthy event.
Does anyone know if covetrus is still publicly traded? The ticker symbol cvet doesnt show anything
So the next PR should be their revenue guidance according to the investor presentation, that should be interesting
Sorry its covetrus animal health
The news is out its covetus animal health company!
Its all in the SEC filings
They move to Singapore and now they insiders dispose of millions of stock options.. insider selling?
The stock price will not survive another 2 months we need an announcement now.
Mr chan is out of money thats why his wife put up the cash, an update on the last day of September is timely?? They took till the last minute to update us because they had too they made a statement that they would have an agreement done by September before that by aug before that etc etc, also promised a revenue estimate didn’t even address that promise,, the next timely update I suspect will be the last day of December, the only thing they will accomplish will be moving to Singapore
I applaud everyone’s optimism i was in the same boat since I purchased my first shares and my optimism grew with each PR but this one just let the wind out of my sails, patience is one thing and its human nature to look at the positive and be optimistic but when do you question them and feel like you are being jerked around, that’s the feeling i get now. Also remember they can say what ever they want in the PR, true or not there is no worries for them they will be in Singapore soon and if they just disappear what are we as shareholders gonna do, a class action law suit good luck And if this was such excellent, positive news it certainly isn’t projected in the stock price
Seriously? Did you not see the latest news release, they just delayed us another 3 months. Whats good about that? Thats a bomb to me. They been feeding us the same BS formonths now. And sugar coat it like a delayed launch is a good thing it will be a stronger launch, ok. Why not give us an explanation for the delay, whats the real issue here.
Uh… noo
Patiently waiting for the bomb to drop.. maybe after market tomorrow
Their on a plane to Singapore right now
Still waiting on their “Revenue”
Estimate
Yes they have to place an order for units or they will, if they have not all ready lost the manufacturing agreement which terminated at the end of aug and has not been updated… also if they have a sales and distribution agreement with a leading animal health company, why would alrt be attending the CES and VMX, and not the leading animal health company? Booths at those trade shows can be very expensive.. i have a hunch they will do sales directly because they couldn’t get the distribution partnership done.. hence that is why the loan they got was rewritten to include a $10 per unit royalty.
If alrt was receiving some sort of investment/cash infusion why would the lender who they owe this money to from earlier this year want to enter into this agreement on sept 6. Seems like they are guaranteeing they get paid by taking a royalty , hence this new agreement, what where the original loan terms?
Not saying they won’t get a partner just concerned because its taking so much longer than they anticipated and now someone gets $10 out of every unit sold till payed back