Guided Therapeutics Inc (GTHP)

[GetSeriousOK]

LOL I've been trying to have a meaningful discussion for well over a year!

"Cynical and negative responses" might be acceptable, but I expect a cynic to defend their argument, not just mindlessly bash and abuse like Basher #1..... and Basher #2 is privately suing a couple of the Directors for a bad deal he made years ago, so if he wants to talk about his bad deal or his lawsuit, fine, but he's not suing this company, so when he trashes GTHP he's going to have to defend his argument.

The stock has stabilized at 15 cents since the last R/S. It's one of the few times I've ever seen a pennystock stabilize after a R/S (which of course it did NOT do the previous R/S). Cartwright worked magic, IMO, to eliminate the toxic financing -- I've never seen a pennystock get back out of death spiral financing before.

As for the "core business" -- the fluff PR's about Turkey and Africa are long gone, thankfully. The core business is, and always has been, getting FDA clearance, followed by commercialization in the USA or sale of the tech. Commercialization in China? I'll believe that when I see it.

I don't mind that the PPS is stuck at 15 cents. I've been patiently buying since August at or under 15 cents and I'll continue patiently buying under 15 cents but it's not easy getting anyone to sell any significant amount, except for that fluke in June when the toxic hedgie getting investigated by the SEC decided to liquidate. This stock is WAY under the radar. The SMI press releases didn't fool anyone -- I think China Hype worked back in 1999, but China is not sexy anymore.

The clinicals probably won't finish by 03/31/2024 but clinicals rarely finish on time. They increased the clinicals to four locations, which impresses me. I check this site regularly for an update:

https://clinicaltrials.gov/study/NCT04915495?tab=results

Do I believe that SMI will give the company $2 million? No I do not, because I don't think SMI has anywhere near that kind of money. Will they pay the company SOMETHING? That would be nice, because Guided is going to need money in 2024, but more importantly, the Chinese clinicals look legit, so that will fatten the portfolio when Guided submits the updated PMA to the US FDA. And if the NMPA clears the device, SOMEBODY in China will sell it.

We all know that every OTC pennystock play is a gamble. I like the odds here but there are no guarantees. I've done well with pennystock FDA plays where the company got rejected more than once but kept trying so I'm riding this one until the payout or the end.