Medite Cancer Diagnostics Inc (MDIT)

[jjkool_01]

recyc: I did not take notes and so I would hate to post an inaccuracy so take what I post with a grain of salt. In summary, product has shipped from manufacturer to Cytocore. It will have to be repackaged into differrent packaging so it can be sold to doctors offices. Each device will have 100% QC done on it since the company wants to insure the manufacturing process is excellent. Then they reship to distributors. It must go through customs and be accepted by distributor and made available for sell.
Collector trials still on going. 60% complete. Completion not necessary for shipment and sell to European distributors. US distributors are lined up but will wait until FDA concurrence of data. McMahon got back from Europe last week and is in town. Not a lot of rah rah from him, just a firm stated belief that this was a tremendous opportunity for him to be involved with or he would be here. I also asked him to pass along(and he indicated he would) to Severson that I am disappointed that Clint has not shown enough confidence in Cytocore to purchase any shares. A share purchase, especially at this price point would be a significant vote of confidence in my opinion. Obviously Clint makes his own decision but I asked Dan to please pass this along since it come from an investor who wanted to see this board member show some confidence. There was more discussed about other products but the future of those are farther out although just as exciting in my opinion.