CorMedix Inc (CRMD)

[Lazerking40]

Agree, but I am not as high on the phase 3 as others. I am high on the medical device pipeline. I think it goes to market much faster and has huge potential to be in all doctor"s offices and hospitals by YE. Someone else must like it too since it received a grant for funding. Not to say phase 3 isn't important, I just fear it could continue to drag tryig to capture enough events. The lockit product is good and will eventually pass and will result in a big return - I just think it takes another 18 - 24 months to start seeeing any kind of revenue vs. the medical devices hitting market by YE. I am guesing of course and the above is all in my own opinion. Regardless, if CRMD, is good enough for Elliot Associates to increase their activist position, it is good enough for me! Risky- yes....but reward could be huge!