Endonovo Therapeutics Inc (ENDV)

[Biotech_Tradez]

What happened to all the people that ran ENDV when they acquired these PEMF assets?

I never saw a PR or even a note in the filings. Their Chief Medical Officer disappeared, their President Michael Mann resigned, their COO disappeared, their scientific consultants also disappeared. Did the Company not pay them or did they get fired? Collier seems to try to run the company by himself to save money and pay himself, but that has resulted in zero progress. He should probably look to get some of those people back on board. Collier's specialty seems to be to raise dilutive capital and not much else, so it would be wise for him to at least try to get people to actually put some money to use. I don't see Ira bringing much value given his age, which means he is just a name otherwise we would have already seen an investment from institutional investors.

I looked into Telemedicine/telehealth and ENDV will not be able to do anything without a huge capital injection. Not only do they need key hires to develop the platform, which includes all the backend work and electronic health records, but they also need personnel to deal with the regulatory requirements. Without $10-15 million in dedicated capital for it I don't see it as even remotely possible.