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Re: badbass58 post# 187

Wednesday, 11/20/2019 1:34:28 PM

Wednesday, November 20, 2019 1:34:28 PM

Post# of 218
PLEASE DO NOT BE FOOLED BY THIS COMPANY! I have personally asked them when they plan to BEGIN clinical trials to get their product on the US market. They do not answer my question. And this was 2-3 YEARS ago. They've made ZERO progress since then.

I work for a top 5 US Medical Technology company and am very familiar with how much it costs and how long it takes to get a product through the FDA. They will need tens of millions of dollars and at least 3 years (plus a lot more resources) to accomplish this task. And that's if they started their clincal trials TODAY!

They have been promising things for YEARS, but have yet to deliver even one of them. In addition, there's already a company (RCEL - on NASDAQ) that's received FDA approval for the same type of burn treatment solution - they have an outstanding business plan, plenty of money to go after additional claims, 50+ peer reviewed articles on thier technology, their own state of the art manufacturing facility, etc. THEY will be the dominate market leader in this field. Check them out. You can confirm what I'm saying about Renovacare by looking at thier latest Form 10-Q quarterly report that they file with the SEC. You can confirm what I'm saying about RCEL (Avita Medical) by going to their website.

Not trying to be mean - just truthful from past experience. Best wishes.