Wednesday, March 13, 2019 8:42:27 PM
Who you should be thinking of suing is the group ( GGG ) who has bragged about fall off your chair inside info and intel .....and the endless fallacies and manipulation of words like Soon...very soon ( 2013 ), Space Suit with pockets for take off...lol, Double Tsunami and Imminent to name a few. These so called opinions causes false expectations and when not brought to fruition results in the decline in share price and value.
Not all shareholders lost money....So just the shareholders that did would sue or be entitled to damages? Never Happen.
In any case things can change in a day that would raise the share price rapidly like a new CEO or COO who has connections to bring this product into the mainstream, an FDA OTC Clearance for the Adjunctive use in the palliative treatment of postoperative pain and edema in superficial soft
tissue. This OTC clearance would give IMO a full body ( Male and Female ) OTC clearance for pain associated with swelling ( edema ). Of course if Biel would have just claimed the Actipatch as a wellness product back in 2002 - 2008 and by pass the FDA BS game ( which happens to be where they are located in CVS - The Wellness Section ) instead of a medical device or pain device, they could have been on shelves and have had a 10 year sales record by now. Words like " may help to relieve pain or swelling " on the label would have built a reputation over time. IMO if I have pain I want relief now or within a few hours.....this product is more of a therapy which takes many hours ( 8-24 ) if not days for results to train your nerves to ignore the pain.
Even an announcement of the supposedly newly designed Smart Insole which would be available in CVS or a deal done with Bayer Etc would help create shareholder value quite quickly and rumor is by April 1st.
The real frustration to me is... What is Biel's plan? I feel as shareholders and investors of not only money but time, we are entitled to know. Hopefully some light is shed in a few weeks.
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