Monday, November 10, 2014 10:43:13 AM
The question herein revolves around WHY a company just starting out would do this to itself and its retail investors, chosing a funding vehicle (a R/Split) that damages its image in the market place? $$s to continue you might say. However the rationale may be . . this is rather much a developmental stage company (that is the image DRIO has cast around itself). I suspect many retail investors had felt DRIO was some ways past that status, and right on verge of becoming a force in mobile medical readers. Funding past March 2015 is vapour in the morning sunrise . . . where is the USA governmental interest in DRIO bodily fluids readers potential to expand medical tech and cost containment advantages?
There is no real prospect (apparently) of DRIO getting FDA approval in rest of 2014.
Not with the announcement that they just sent a mass cold form letter of advertisement to USA doctors. The USA PR campaign has barely started (any such campaign is just the side effect of internet chatter, etc. to this date). Company (DRIO) has given us no evidence of any contacts with USA medical players (except perhaps some USA players showed up at the CC).
Insufficient data of DRIO mobile readers users appears to be the impediment to FDA Approval? I might be wrong in my thoughts herein, yet all we have from DRIO is something to the effect, that FDA and us are in stead contact. My guessimate is FDA will need 6-12 months of user datum to gauge before it can feel safe in approving the DRIO reader. Further; the volume of the stock (as you have mentioned and Pennystock) is appropriate for company DRIO, some of the private placement, and market maker support of stock price. Its doubtful at this stage many retail investors remain in the stock, and the daily stock volume transaction clusters bespeak no overwhelming trading being done by retail day-traders.
I too foresee token' accounting in the fore coming company quarterly, of some level of revenues being posted (to boost up retail investors).
I would love to be wrong to project little up price effect will result, until we get FDA approval. And, if Pennystock is truly 90-95% accurate in his TA and candle ash reading . . . should there not be a ready employer of big guns pounding on his door?
George Soros and Warren and The Biker Investor Rogers hardly could match such performance.
Recent DRIO News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 08:02:27 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 08:01:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 12:30:15 PM
- Empowering Commercial Expansion: DarioHealth Announces Strategic Reorganization and Appoints Inaugural Chief Commercial Officer • PR Newswire (US) • 06/05/2024 12:30:00 PM
- DarioHealth Reports First Quarter 2024 Financial and Operating Results • PR Newswire (US) • 05/15/2024 10:30:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 10:06:09 AM
- DarioHealth to Report First Quarter 2024 Results on Wednesday, May 15th • PR Newswire (US) • 05/07/2024 12:30:00 PM
- Dario Publishes New Peer-Reviewed Study that Deepens the Body of Evidence that Managing Cardiometabolic Conditions in One Integrated Platform Improves Clinical Outcomes • PR Newswire (US) • 04/25/2024 12:30:00 PM
- Dario Signs Two Employers for Cardiometabolic Suite with Integrated GLP-1 Solution • PR Newswire (US) • 04/18/2024 12:30:00 PM
- Dario Publishes Two New Peer-Reviewed Studies Demonstrating Impact of Digital Behavioral Health • PR Newswire (US) • 04/10/2024 12:30:00 PM
- Two National Employers Select Dario's Integrated Chronic Condition Solution to Improve Employee Health • PR Newswire (US) • 04/02/2024 12:30:00 PM
- DarioHealth Reports Fourth Quarter and Full-Year 2023 Financial and Operating Results • PR Newswire (US) • 03/28/2024 10:30:00 AM
- DARIOHEALTH TO REPORT FOURTH QUARTER 2023 RESULTS ON THURSDAY, MARCH 28TH • PR Newswire (US) • 03/21/2024 12:30:00 PM
- New Research from Dario Demonstrates Ability to Deliver Improved Health Outcomes with Integrated Solution for Members Managing Weight and Blood Glucose with or without GLP-1 Medications • PR Newswire (US) • 03/12/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:24:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:23:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:21:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:20:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:19:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:16:57 PM
- DARIOHEALTH TO PARTICIPATE IN THE COWEN 43RD ANNUAL HEALTHCARE CONFERENCE • PR Newswire (US) • 02/28/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/22/2024 09:05:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 09:16:56 PM
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