Saturday, September 23, 2017 1:13:03 PM
Take aways from his email.
OTC requested and received proof of FDA approval from ALR. OTC was all over it. Exhibit A
FDA will update information when they update. Typically, they post summary of the medical device cleared 20-30 days after issuing the letter of notification.
Yes, I have over $20 million invested in the enterprise. Prior to announcement of Insulin Dose Adjustment, we have already received the notice from the SEC and it is a matter of public record.
For the sake of full, plain and true disclosure we included the SEC notice in the 8K, although we are under no obligation to disclose. Yes, we have approached the SEC but have not reached them yet, civil servants do not work with the same urgency as we do at ALR Tech. Hopefully, we will be able to talk with the person in charge of the ALR Tech file early next week.
Clearly they are hot to get things moving with the SEC
It is our corporate policy to make announcement when occasions present themselves on a timely basis. It is not our policy to announce plans. We announce concrete developments.
i.e. Why this hit the market like a brick house
My wife and I owned 97.5% of the shares on a fully diluted basis. Our shares are no different than shares that you own. You can be rest assured that I will make sure our common interests are protected and will do our best to maximize value.
This is the topper. He has 20 million in personal money and his shares are the same as ours. Now who thinks a delisting will happen?
LONG LONG LONG
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