Calypte Biomedical Corp (fka CBMC)

[cal_pn]

Agree Que, pps holds up nicely

seems that those people who are curently holding shares know why they still do so.

In fact, the 1stQ results are not brilliant and there is nothing sensational but who expected anything different this time.

We are awaiting more important things to become clear soon (financing, approval process in China). This will be the time to draw rather general conclusions about our future prospects. Let's hope the company gets a fair money deal soon. It won't be easy though this could be a perfect turnaround opportunity now.

I'm looking forward to get more info about why Roger Gale took the helm. It makes sense because a company having a monthly burn rate of 500K cannot spend lots of cash for a CEO but it is surprising nonetheless considering his background. He takes quite a risk personally.

I also feel threse days that a strategic move, buyout or merger could be a wild-card for the investor.

Cal