ALR Technologies SG Ltd (ALRTF)

[buzzabby]

All I know is he said it would not be utilized until he and his wife's current credit line is used. He said min 6 month restriction if used. He also indicated he would expect to have a solid investor not the toxic stuff we are use to on OTC. We shall see.

One of the reasons they downsized a while back was to conserve cash. Sidney was/is financing operations and they needed to cut cost while waiting for clearance. Now that they have clearance I believe things are happening not visible to us yet. Just waiting for the next announcements. He and his wife own 97.5% of O/S so this is why it's stable and thin. I hope we will know the next move in a week or two and also get the 2015 filing. To me that is just a needed step to get to next step of being current. No idea why he would waste the time if he did not have things happening. It would be nice to see an update on where things are at currently but realize when news hits it has been significant material developments.

He is an engineer for those that have not looked. He has developed a good solid product. It limits liability. Easy to use and developed with a ton of input from the medical field. It benefits everyone as I see it. I will be looking very closely as to who and where they partner with to get adoption going.

Most of all I like a CEO who delivers without the pump. He just does what he says and has worldwide connections. Other than FDA clearance and how he fianances the company everything else is circumstantial and open to interpretation about the product and rollout. I find our CEO to be the upmost professional and very passionate about what he is doing. He is the driver in this and has a lot to lose. This guy grinds. That is not easily faked in my eyes so I want to believe in this as much as he does.

Hope is not a strategy but I feel like there is much more than hope now that things are cranking