Digipath Inc (DIGP)

[blissedout]

There are several potential catalysts to propel DIGP skyward from this narrow base:

- Continued high % revenue growth (earnings should be mid-May)
- Announcement of CA testing center opening
- Announcement of other state testing center development/opening
- Announcement of partnership with lab company to open joint testing centers nationwide/worldwide as hinted at in conference call
- Announcement of partnership having nothing to do with testing, but with data DIGP has compiled. Could be toward the end of the year or a couple years away. No timeline given by the company, CEO just said "not today, not tomorrow".

I will wait and add shares along the way seeing if any of the above come to fruition. If not, we will go down and I will have to decide whether to sell for a loss or continue holding. My feeling is the odds are good for several positives. Hopefully DIGP takes a smaller % of revenue from their lab partnerships so the other parties shoulder most of the costs leaving DIGP with little or no debt and no dilution to us.

Unforeseen negatives could pop up (revenue shortfalls?), but with the hiring of Dr. Kimberly Ross as Director of Quality Systems we should hopefully not see any more instances of license suspension.