Sunday, March 15, 2020 10:52:36 AM
And when will you understand that I don't work for Guided Therapeutics, so I can't answer your questions? I can only offer conjecture, and that seems pointless because I've already said these things a dozen times -- if you didn't listen then, you won't listen now.... <insert heavy sigh here>......
1. "When will they start manufacturing selling?" What does that even mean? Whatever.... I have said many times that I don't think the Third World wants to know if their women have cervical cancer, so the Third World sales forecasts are all BS. Compare all the Turkey press releases ("the hype") to the 10-Q's ("the truth") and wait for the light bulb to come on.
Besides, Guided has no money and won't be getting much more in the foreseeable future. So, to answer what I think your question is -- no significant manufacturing or selling happens until after FDA clearance. And that won't happen until Q3 2021 at the EARLIEST. They don't even have a Protocol written yet.
2. "When will they earn revenue and net income?" They earn revenue now. Not much, but if you bother to read the 10-Q's, it's there. As for "Net Income" -- do you mean "Profit?" You want to know when a pinksheet pennystock developmental biotech will become Profitable? Really?
3. "When will they get CFDA approval?" NEVER. You haven't been paying attention. SMI was all BS. They did nothing. Either they were crooks or they saw something shiny without understanding what that thing was. Regardless -- If CFDA clinical trials are ever going to happen, Guided will have to do it... and I certainly hope they don't spend what little money they have chasing CFDA China Hype. They mentioned CFDA in their recent press releases, but that's just Safe Harbor smoke-and-mirrors. That's a pinksheet developmental biotech CEO doing his job.
One thing you don't seem to understand about this game: Anything said in a press release that is preceded by "we expect" or "we anticipate" or "we believe" doesn't count. The seasoned vets in these trenches all know this.
This company has one important task and one important goal: FDA CLEARANCE. That's all that matters now. Forget the CFDA.
4. "is stock up?" I think you mean "Where are moose and squirrel?" and the answer is "Frostbite Falls."
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