Friday, February 07, 2020 4:49:14 PM
I was told that there would be a shareholders letter during early Jan 2020. that never happened!
We will get a earnings report next week and if you anticipate actual
earning i believe that is pipe-dream. Personally not really anticipating much! This will be the first indication of any of the sales of any of their test kits sales in the US or anywhere else. This is a point to be made! They have never told us anything about anything concerning the kits except that they are cleared for sales. Everything is always a mystery and all the unknown result in a stock price of .89.
I personally have a huge position in PRED and had little option but to continue to average down in order to lower my average price so i can make money in this opportunity one of these days. The potential remains,the risks remains, the share price remains depressed, the rumors remain , the huge returns on investment can happen. The initial draw to this company was the Fortune 100 quality of management and the patents and other assets and divisions. The big negative has always been the amount shares outstanding and this is what haunts us to this day. IF we had gotten listed we would have need the float, but because we take on the pinks - there remains a lack of all the potential institutions that would grab these shares by the bucket full.
We have waited this long so a few more months of pain and suffering is nothing that i cannot handle. We remain committed
snakes alive
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