Friday, October 05, 2018 8:35:23 AM
"The change in authorized shares tells me that someone is ready to bite and fund them for the next round?" That makes no sense. That's no way to fund the company. Anyone wanting to "fund the company" would do so by buying restricted shares or Class Shares, not common shares. The change in A/S is the COMPANY's way to get funding, not a way for "someone to fund them." Nobody is "ready to bite" other than the toxic lenders who will convert the debt into shares and dump it. It's called Death Spiral Financing and it wasn't invented by Gene.
And as far as the Luviva Scan goes: the future is not bright here. That article about Australia eliminating Cervical Cancer tells a very different story than Gene's doom-and-gloom statements like "there are 6 billion women at risk of getting cervical cancer."
Poor countries in Asia and Africa would be MUCH smarter to adopt a preventive care approach like Australia.
The LuViva Scan isn't selling and that's not going to change. This company is a one-trick-pony and that one trick is getting stale.
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