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Re: elcheepo post# 113

Thursday, 10/11/2018 4:18:23 PM

Thursday, October 11, 2018 4:18:23 PM

Post# of 278
Haven't heard anything from management since the Aug 22 CC. Now I am thinking if it was just an easy fix or data submission, company would have announced something by now. I have lightened up my position considerably thinking the next news we hear now will not be good since it has taken so long to hear anything. Depending on the news and the probable outcome for CarpX, I will reconsider adding back at that time, but right now there is too much uncertainty for me. Any delay may send the price down in the $.80 - $.90 range, but if it looks like they can still bring this across the finish line in a reasonable time frame, I may reconsider getting back in. They have several good devices in development, experienced management, and I think the company will succeed in the long run, but there may be some short term pain. Am happy to be on the sidelines here waiting to hear how it plays out. My personal opinion is that after all this time, the probability of the company coming back any time soon and saying the consulting branch is ready to approve is relatively small, but that's just me. GLTA.
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