PSID management owes investors explanations regarding all products..
First and Foremost, PSID management should be informing and explaining to all of it's investors, why both of their signed and strategic partnership teaming agreements, with both IDEAL LIFE and SIMPLEX HEALTH CARE never marketed and sold any Iglucose devices for increasing PSID Investors' share holder value, as PSID had announced and stated that both these two PSID partneringship companies, as mentioned, were going to do..
Many PSID investors bought millions of shares in the .08 cents price range, believing in PSID's announcement to be true and factual, concerning Iglucose..
The price of PSID, for the most part, has gone down ever since then, and has never recovered, again..
Even, if PSID is going to get paid 2.5 million from Boeing for licensing M-Band, BioWatch Gen3, to them..
How much good is 2.5 million going to do, in helping PSID, when they owe more than 86 million dollars to creditors..
I'm sure Boeing is more concerned about pursuing their own best interests, concerning the M-Band, BioWatch Gen3 system and profiting from it, than paying PSID anymore than they absolutely have to, in this regard..
PSID appears to be very vaque and negligent in keeping investors' updated, at all times, concerning it's products that are suppose to be going through development..
sayuncle Friday, December 28, 2012 9:59:06 PM
Re: None Post #2905 of 2905
PSID's last 10-K was rough... $86M in debt, bonuses for executive management. They have not even made a profit yet and are awarding themselves bonuses. Boeing better be real....still waiting.
PieceofPie Friday, December 28, 2012 11:08:26 PM
Re: greaseyfingers post# 2907 Post #2909 of 2909
Are you kidding me? If, in fact, management got this company to this point and negotiated a major deal with Boeing you damn well be giving them a bonus!!
AI
