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So, they acquired 375,000 shares and sold 9,500 shares who gives a flying ****
Great wonderful he sold 9,500 shares for what a total $3000.00. Maybe he had to pay taxes, maybe had to buy a new car. 9,500 shares $3,000 doesn’t mean anything
White Lion wouldn’t have amended the agreement if they didn’t see value
Unless I have missed something I don’t believe everything has been submitted, and I don’t think the company has made any announcement saying this either. It is my opinion they are probably pretty close to submitting though and will probably request a meeting once they do
That would be fantastic news, but how are you so sure they will be be done this week?
Not sure you have accurate numbers here. I decided to try google out for myself and came across different information.
https://www.fda.gov/medical-devices/pma-approvals/devices-approved-2021
While I don’t have a 5 year history, this clearly shows significant higher numbers for a single year .
Maybe wave has some insight on what the typical numbers were pre Covid and during Covid.
What is the typical number of approvals during the same time frame of Covid, in a normal year? I don’t know that answer, is 200 typical or is it normally 500 during that time frame?
While the current pps does suck it doesn’t matter. It has always been FDA approval, so I continue to add weekly to my very large portion
Chris congratulations, I just noticed you got your MOD position back. I always knew you had it in you.
Do you really think they are going to give anyone that calls any information that you would be looking for? 100% they are not going to tell you anything. When they are ready to update us the milestones they mention we will all hear at the same time via a PR
Also on such a lovely note, I noticed VAJUS is banned again in till further notice. Was wondering why it has been a little more enjoyable around her the past few weeks. Only if a few more could join him on that list
I wish my wife would say that to me. Much more for me if she divorces me before approval than after :)
Oh my goodness the company might sell a whopping $10 million dollars worth of shares. The dilution will amount to Pennie’s in the grand scheme of things. Especially since they are getting 2 million shares back as stated in the PR that they will use towards the sale. My offer is still on the table for your shares, how many do you own 5,000?
Look there is know one that wants them to complete this more than myself. I own an extremely large position, and continue to add weekly. Been buying this stock for 6 years. But I think it was this board that gave us all false hope that we were going to hear fantastic news out of the FDA meeting. Let’s read the previous PR’s, UEEC requested the meeting, not the FDA. To me it actually shows management knew there was more things that had to be corrected and requested a face to face to get on the same page.
Great response.
Hey DR, while we all were looking for great news from this meeting. Keep in mind it was UEEC that requested the meeting so I would assume they were looking to get clarification from the FDA on what else they were looking for in their PMS submission.
Henderson, Nevada – July 15, 2022 – United Health Products, Inc. (OTCPK: UEEC), (UHP) today provided an update on the company’s FDA Premarket Approval application.
On July 13 the company and its regulatory consultant met with the full FDA team assigned to review its Class III PMA application. The focus of the meeting was to discuss the procedural approach taken by UHP to address certain observations made by the FDA in its initial review of its PMA application. UHP provided a detailed status assessment for each of the observations and an explanation of actions taken for their resolution.
Brian Thom, UHP’s Chief Executive Officer reported, “while the FDA does not respond in a piecemeal fashion in these discussions, their comments were very helpful and we conclude that the validation of certain elements of our manufacturing process are necessary to assemble a complete portfolio of information that the FDA can then use to complete its review our PMA application. We will work expeditiously with our manufacturing partner in the coming weeks to accomplish these remaining tasks.”
PR out from Ueec
The company has like 5 employees. Not very hard to keep something quiet
To my knowledge I don’t believe there is anyone that has a class 3 approval. So the current competition would not be on the same level.
Trust what are your predictions for a buyout price?
Couldn’t agree more….. Everything is coming together.
This is great news
OMG BREAKING NEWS! Thank you for sharing that information, maybe share the PR that was done like the following year when they company shifted all resources, time, energy, money, etc to gaining class 3 approval.
None of this matters at all. The stock has always been pending one event. When approval comes the pps will shoot up, hopefully announcing a buy out shortly after.
I feel like we should call an investigation into your study already before the results are out
I would like another choice. Please add option F
Well good news for you then, I am willing to pay anything less then $5 a share. So I will continue to acquire and hold to my very large position.
Picked up another 10,000 shares on cheap today. Will keep adding everyday.
When this is all over the first round is on me.
Read the charts….
OH Happy Days!!!
Did you actually read the PR from Friday? How about the loss is coming from writing off the equipment.
“ As also described in the 10-K the company, in consultation with its auditors, has written off the value of its production equipment and certain work-in-progress inventory due to the extended period of inactivity, consistent with accounting standards. The company notes that its manufacturing equipment remains in good operational condition and is on location at the premises of our FDA-approved contract manufacturing partner.
There is no problem, clearly read the PR that came out on Friday. It details exactly where they are at and what the FDA has asked them to do.
Nothing bad in the 10k. Only one key line to focus on, the FDA responded on January 18th.
Hey Trust my post was sarcasm towards the previous post on the board
OMG Doug Resigned! The company doesn’t have him anymore…. Seriously ? Do you really think Doug is gone and has no say in the direction of the company? He is the largest shareholder, owns 35 million shares of his company!
First off, the 10k is not even due till Thursday. So, getting bent out of shape because it has not been released yet is just ridiculous. Second thinking that Doug doesn't care anymore is another just insane thought. Doug owns 35 million shares of the company; he has never sold a single share. More importantly he is the one that has single handily funded this company, so I am sure he has much higher vested interest than anyone on this board to see this to the finish line. Third, the only thing horrible is the grammar on this board. Reading some of these post is unbelievable.
Got me another 10,000 shares today
It’s time for a good old fashion short squeeze