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Friday, May 01, 2020 12:41:27 PM
1: Let's wait until next week for guidance. I believe that Pred despite their indifference to stockholders will start with some positive announcements. I also suspect that there may have been some technical error-not major deficiency (according to SEC in their sweep) for which they have cleared up with SEC.
2. An anticipated sales and delivery announcement will show that Pred has benefitted financially from their tests, so they will have money in the bank.
3. Most of us invested based on their pipeline. This has likely been set back but not necessarily stopped.
Suspect that Pred will gear up with more energy to begin efforts to monetize these previous projects. Don't forget, the virus tests, maintaining ongoing relationships with new partners, SEC business, virus disaster itself has to consume a LOT of energy and resources in an especially tough time.
4. Highly suspect that some of Pred's issues are self inflicted..and they need a bit of time for self reflection and tie to GROW UP. A re-examination of the accountability of their legal and accounting team would be wise.
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