Guided Therapeutics Inc (GTHP)

[GetSeriousOK]

Strong indication of BS: when a press release about a future "purchase order" states a price that's not rounded off. The press release didn't say "$2.5 million" -- it said:

$2,538,070

As if this "purchase order" was so detailed and finite that the dollar amount ends $70.

That extra 70 dollars is for stamps.

News flash: the contingencies on this potential "purchase order" are: submit an application to the CFDA and get it cleared. No dates, no timeline estimates other than a vague wave of the hand and "hopefully this year...."

It's BS. Guided was rejected by the US FDA three times over several years, but the Chinese are going to nail it with their first attempt? uh huh.