News Focus
News Focus
Followers 29
Posts 9421
Boards Moderated 0
Alias Born 04/30/2006

Re: Dog G post# 29770

Thursday, 04/26/2012 1:50:07 PM

Thursday, April 26, 2012 1:50:07 PM

Post# of 30387
Dog, it is good for BioCurex that some tests are selling. Time will tell if the Vets find the test to be worthwhile.

Have you watched the training/presention video for oncopet?

Moro has not indicated the profit per test but did say in the video that the test was cheaper than one listed at $89.

Does anyone know the cost of the test? The video said that it was less expensive to buy from a distributor than to buy directly from BioCurex.

Moro's costs have gone up significantly in the past three years. They used to be $65,000 per month but the cash burn at the end of last year was $150,000 per month. Burger added to the costs along with Slowey. Even if the profit was $50 per test, they would need to sell about 150 kits every day to break even and that is still using stock to pay for services and some employees.

The huge obstacle now is the death spiral financing and the Smithline loan coming due in December.

Even though some investors do not think Moro will bail, IMO, if Oncopet did increase in sales enough to make Pacific BioSciences profitable, I think Moro will take his free license and run. It would probably take triple that profit to make BioCurex profitable. IMO, it would be his most probably route if sale do materialize.

Moro has taken no "oath" to protect investors. He considers them speculators. The evidence is pretty clear that at some point, the entire RECAF thing will fail or Moro will take Pacific BioSciences and run if there are some profits to be made.


I have never shorted nor intend to have any financial interest in this stock. I am not connected with anyone who trades, shorts or has financial interests in this stock. I only post facts and my opinions. I do not post on IHUB with different aliases.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today