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Saturday, May 16, 2020 6:51:41 PM
The problem with your research is that the relationship between PRED and Dablood is real.
Whether there was some confusion over Dablood's capacity for antibody vs. PCR test kits is irrelevant. What's relevant is whether Dablood has the capacity to fill the demand from PRED and whether Dablood is willing to supply to PRED. I believe that both of these statements are true. Your group tricked the SEC into a knee-jerk reaction over a technicality. SEC obliged only because they were suspending all of the other Covid stocks at the same time.
Wellgistics gave PRED $5.5 million - why - just to make PRED look good? That's in the 10Q that is audited by Deloitte. I will take Deloitte's audit of PRED's books and records (and checking account) over your discussion with a VP that is not involved in the deal.
Yes, you are high and mighty now. Let's see how quickly you disappear when PRED completes the first million units and then receives and completes an even larger order. We are talking about tens of millions of dollars in earnings that could be coming very shortly for PRED. The shorts will have already made out and many longs will have taken losses and missed out. And that's a shame.
I think this is my last allowed post for the day
Initially I doubted the relationship was real because the person answering the phone said she had never heard of Pred but she refused to let me talk to anyone higher up. So I assumed maybe she was too low down the chain to be privy to that info (honestly, I had to always assume the relationship might be REAL. I never stop until I get objective evidence and PROOF)
Then I found the contact for a Human Resources worker who also said "Never heard of Pred" - then the second release came out with the company chop so I wondered what is going on here ? Surely a deal this big would warrant a huge company celebration dinner. This is Chinese culture, they celebrate huge deals and everyone knows about them.
So for the record I never said "the relationship is fake" - I may have said "I doubt this relationship" but that's about it. So don't accuse me of saying something unless you can quote it verbatim.
"Whether there was some confusion over Dablood's capacity for antibody vs. PCR test kits is irrelevant" - this is HIGHLY relevant as people make stock investment decisions based on sales potential. So you are absolutely wrong here. This is a ridiculous statement. If Dablood can only make 20,000 per day that has a HUGE impact on income potential and profits potential and therefore stock value. Come on you don't need to be an accountant to know this basic logic. The SEC halted PRED for a reason.
"What's relevant is whether Dablood has the capacity to fill the demand from PRED and whether Dablood is willing to supply to PRED" - yes this IS relevant and so far we have no verified capacity info other than the article I found stating (in January) that Dablood UPGRADED their factory to reach capacity of 20,000 per day. I calculate 50 days at full capacity to make the 1 million.
Further my research about their inability to export is also TRUE so capacity is absolutely useless when you can't even legally export ONE KIT. I already posted this info long ago where I was in contact with Darui and they actually sold me a box of Dablood kits but refused to send them outside China - why ? Because they CANT export ! So I had him send the kits to my associate in China where they remain to this day. Once SEC halted the stock I figured there was no more need for me to do anything. The SEC will obviously find out more than me so just let them finish the research
"Your group tricked the SEC into a knee-jerk reaction over a technicality. SEC obliged only because they were suspending all of the other Covid stocks at the same time." - shall we call the SEC and ask them to verify your insane claim ? C'mon get real.
"Wellgistics gave PRED $5.5 million - why - just to make PRED look good? That's in the 10Q that is audited by Deloitte. I will take Deloitte's audit of PRED's books and records (and checking account) over your discussion with a VP that is not involved in the deal." - so are you telling me that EVERY company that Deloitte has audited has NEVER done anything bad/wrong ? I don't think I need to do much research to find out that isn't true. Who audited Theranos ? Some rinky dink no name company ? You seem to put a lot of faith in big company names.
Not to mention the numbers they just released are terrible ! And there is still NO EVIDENCE the million kits have even left the factory. Only RUMOURS on this board
"Let's see how quickly you disappear when PRED completes the first million units and then receives and completes an even larger order. We are talking about tens of millions of dollars in earnings that could be coming very shortly for PRED." - I have no doubt in my mind that this will never happen. But it's just my opinion
The great thing about TRUTH is that it can't be stopped. Time will answer everyone's doubts.
Last post for today (max 3)
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