Friday, December 19, 2014 2:33:33 PM
They screwed up in another place...
Company description:
And where are the manufacturing facilities located? Who has the out sourcing contract to manufacture the kits? They mention none.
How did an oil company suddenly get into having diagnostic test kits to sell? Ooooh yeah, they bought "Rapid Results". A pretend(?) distributor of the kits. Bought in Jun, with PR pumps about diagnostic kits right up to the suspension. What else did they say about the acquisition:
Oops!!! We have an acquisition of a podunk fly by night distributor of diagnostic kits. Generating PRs out the kazoo in subsequent months, about diagnostic kits being developed, and sold. But they rescinded the agreement after closing back in Jun? In the end the pretend acquisition vaporizing into the mist. Yet the business description pretending they are still manufacturing, and selling diagnostic kits.
There's false claims about working with the FDA on new Ebola kits. How does one develop kits out of the thin air with no R&D funding? Or work with the FDA without filing for an IDE?
A bunch of dummies. Nothing like a self hanging in front of the SEC.
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