Guided Therapeutics Inc (GTHP)

[myjo]

Stupid is what stupid does!

As per US Supreme Court guidelines & the accurate interpretation of USFDA laws & SEC Rules & Regulations about clinical trials, what matters is the “intent” of the responsible party (in this case it’s GTHP & it’s board). Their “intent” is to start US clinical trials “asap”. At least that’s what they have been claiming in their PRs. Their “intent” is NOT to “keep on preparing indefinitely” for starting US clinical trials. So on their clinicaltrials.gov entry they “must” have mentioned “Contacts & Locations” of all those sites that they are targeting for starting US clinical trials. Since they haven’t mentioned all this information this entry has absolutely no meaning from the perspectives of those who are truly “educated & informed” & those who know laws, rules & regulations versus those who “claim” to be so-called educated.
Not mentioning “Contacts & Locations” information “inadvertently” is not a civil or criminal violation. However when stockholders repeatedly warned/informed you about this potential “violation” & then “deliberately” ignoring those warnings so as to “hide” relevant information from stockholders is a civil as well as criminal offence.

Next week hopefully FDA SEC & Department of Medical Devices of FDA will review all this & hopefully take some enforcement action if they deem necessary.