Friday, August 06, 2010 9:58:28 AM
Rooney finally responded 3 minutes ago
Looks like I got his blood boiling enough to provide us with legitimate answers to very serious questions - which was the whole point of my email. I was pushing very hard for explanations as to why the company seemed to be following the pattern of 2006.
Here's his reply of what the issue is (notice the use of full length sentences! I must have really upset him!)
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Let me understand this. So you feel it’s a scam and you are a shareholder and you want me to let you know why it isn’t a scam?
When scam is used referring to my company you will get little understanding from me.
With that being said I will address some of your questions.
The award winning system’s development was not completed until 2008, 12 months delay due to added award winning features.
SPECT market issues, good for PET yet we also sold SPECT cameras.
FDA Approval was not until 2009.
The near end of the global financial markets in 2008 didn’t help even the best companies in the world.
There are more macro matters yet I won’t bore either of us.
Positron is a leader in this market. It is a market that is growing very fast with a lot on money on the table and more to follow.
We have top products and massive opportunities in the new pharma products coming in our near future.
We have large companies that are working with us and find us very relevant.
We have near zero debt…first time since they opened 27 years ago.
If you are looking for GE type of stability of a constant growth (almost constant except for declining share price at times) I suggest stay away for aggressive growth companies.
PET is the future of nuclear cardiology. Positron is cardiac PET. And the only PET on the market.
As for pharma Positron is the only company that automates and distributes radiopharmaceuticals in our most innovative manner.
As we grow in this segment it will not only stand on its own it will leverage our PET business to massive strengths and global coverage.
Appreciate the business. You do need to be a believer to invest in innovative growth companies. I do as do hundreds of our shareholders that are true owners of a business.
I do what s best for the business and the shareholders. As you may know I am a large shareholder and I understand that what’s best for the shareholders is what’s best for the business.
Tx
Pat
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