don't worry next we will hear that the 10Q released today is fake!
It was never going to happen and the cmpy was going to declare Bk!
Well that did not happen either
1. had $1 million dollars at end of Q . Of course that is fake!
2. Revenue around $5 million and from operations around $5 million, but
impairment because of Corecyte and D&A- $10 million
$ So $5 million revenue and around .015 loss from operations.
3. stated bk is around .14 ( conservative - D is top 1 accountant so don't look for breaks.
4. unused line off credit $2.8 million
5. borrowed $4 million from PRPH but it get worked off from saliva testing in Penn
6. Covid testing that most did not believe is happening! Oh my God! It was
true! The real testing began during the end of August and all of Sept and revenue derived $1,000,000.00
So assume 1000/day 5 days per week and profit of $50 results $1,000,000/month so for the Q that is $3,000,000.00. It $50 profit not $30 as somewhat states for prph.
7. WJ flow more positive that only corecyte. Been around for awhile , but pricing was an issue, but the price is much better and for the knee this stem cell cocktail is much better. Could be an aggressive sales for this product.
Believe endo and infertility will happen
Atrin still alive and pred and atrin is a very positive
I believe because of a number of brokerage firm not letting investors the opportunity to purchase pred that we are getting closer to moving pred down a different avenue.
Finally, PRPH is a lab and has a market cap of $100,000,000 PRED has a clia lab and many other assets, patents, stem cell products, atrin, TMO, genetic library , fortune 100 BOD and top accounting firm yielding a
market cap $45 million--- do the math!
The haters will continue to hate! The emotional cry babies hold on but refuse to average down ( smartest thing to do). Step back and look at the value!
