Guided Therapeutics Inc (GTHP)

[myjo]

If you go to FDA website and search for “Medical Devices Cleared or Approved by FDA in 2019”, you will see many devices from ‘start-ups’. These start-ups have same issues like scarcity of funding, resources, manpower etc. just like GTHP. However those CEOs didn’t go to their stockholders begging them to plead to FAD for their devices’ approval. They did it own their own because they are high performance and capable CEOs. One of the important stark differences between them and GTHP is that those CEOs have their personal stake in company’s success whereas GTHP’s failed and incompetent CEO doesn’t have any stake in this company. Those CEOs do care about their stockholders whereas it’s been proven over-and-over again that GTHP’s failed and incompetent CEO doesn’t care about stockholders. 1:800 RS and still no progress at all. No PRs. He is there to bring value to stockholders and if he can’t do his job then he needs to go.