Hello,
“…. Question about total anticipated gross sales … “
“…. He may choose not to answer that question… “
About these questions, I would imagine someone in the accounting/ceo position would want to know what the product demand would be. For them to just build products out of fancy makes no sense. Maybe I am not reading this right. But I would think they know where their market is and how big it is… One would certainly hope they know that. When I went to market my product that’s the first question they asked me, how big is your market segment and whom to you propose to sell your stuff… So I guess I am not sure why they would not have those numbers readily available…
Incidence Test,
CDC I am sure used it but they no longer want to produce it. They specifically said that product generated significant inquiries, there has to be a reason why they are saying that. So again, they would have that data one would hope. If they don’t want to share any of this data due to some sort of strategic business decision I can understand that too.
Pps
Well, its good to see they understand that previous type of prs have not done much for the co. Maybe the new investment apart from being a secured loan for investors, is also precursor for AMEX. Someone mentioned that AMEX listing requires you having cash in bank ie investors forking over dollars. So if that’s the big plan, then great otherwise, its only I think, expensive way to finance their business. On the other hand they have no other choice, no one is really buying the shares straight up.
The 10q coming up is probably not going to show a big sale thing, it would be interesting to see if there are more institutions calling in like Oppenheimer or Dutton. That would be a good sign too.
This is probably the best summary:
“He expects the price to move when there is a complete sales cycle of the products. A cycle meaning: license of product, manufacturing, shipping, and check in the bank.”
So again I only thing this will move when profits come in.
Thanks again for keeping tabs with TC. I never call.
TTYL
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