Calypte Biomedical Corp (fka CBMC)

[bloodhound99]

Interesting statement Coinstarz:

"So what? I have a lot of inside information on this stock inside of China. My CIA agent knows the details more than the CEO of Calypte."

Maybe true, but thats not saying a lot:

CEO/Chairman Roger Gale and management team thought:

1. Marr would loan money to Calypte until profitability
2. Calypte would be profitable in 3rd or 4th quarter
3. He could hire a CEO with biomedical experience within 6 months
4. That SFDA was presented with Calypte application in mid February
5. That Calypte would hear back from SFDA within 100 days.
6. That Calypte would make a 42% margin on tests sold.

These and his failure to hold announced CCs last November,
failure to release 10K before holding CC on last years results, failure to get 15-20 million new funding he said was needed, failure to keep AMEX listing, and declining sales all say that he is extremely incompetent in all areas but one.

He really knows how to draw up an employment agreement for himself. That I will give him credit for. (Well after all he really needed the job after being dumped as CEO of Wavecrest when they were sold.)

Yes coinstarz you may actually know more than Roger "clueless" Gale about Calypte.

BTW did your CIA fellow reveal any info on SFDA site that you wished to share with everyone or was it all the sort of info that might "feed the bashers"?