Endra Life Sciences Inc (NDRA)

[Cincinnatus]

Lots of enthusiasm.

Many concerns: Major fear is that they'll never be able to meet their timeline goals. Lots to do for a nano-cap company with few employees. I would add 6 mos. to a year to the European commercialization and the FDA approval goals.

In May they used $40K as unit price...now it is $50K with awareness that reimbursement coming 3-4 years after commercialization.

Present studies are not "binary"?? Too nebulous. They had better get to something definitive before trying to get to commercialization ANYWHERE.

Doubt about running lean means sufficient funds to get to commercialization and how far initial year of commercialization can fund the company's activities.

Interesting target they're after, but watching and waiting for more goals being reached??