Predictive Technology Group Inc (PRED)

[thegreencandle]

No slings or arrows, but truthfully there's been ZERO evidence of any database to date, every product they've claimed utilizes the database has failed (at best). The only in house products pred had that brought in revenue was stem cells, and they just sold the only other product (and the division) that had any promise.

I don't have any knowledge on labs, but typically with technology, it becomes outdated fairly quickly (a couple/few years) and that requires revenue to keep it updated. So, their lab while possibly state of the art a few years ago is likely in need of some refreshes to continue being state of the art. Certainly not saying it's worthless, the point being they have no money to invest in it.

The only company that seemed to actually work with pred is now suing pred, while there's been zero news on any of the other partnerships they supposedly had. If the database was really worth anything I'd assume the products they supposedly brought to market based on it would've certainly been in use and that the companies they were supposedly working with would have made some news worthy developments over the past couple years, but here we are with the same bs problems.

You may be right, maybe in 6 months we'll know something, but I'm pretty sure we will just receive confirmation that it's nothing more than we know today.