InvestorsHub Logo
Followers 8
Posts 3893
Boards Moderated 1
Alias Born 06/28/2005

Re: pennstreet post# 40905

Tuesday, 08/06/2013 6:11:28 PM

Tuesday, August 06, 2013 6:11:28 PM

Post# of 45771
Pennstreet, say what? At the end of the year?

"Mr. Brumfield said there was an "expectation" to be placing G4's, from the contracts from the 2011 show. There were contracts generated just as the PRESS RELEASE stated. A simple fact. The expectation was to be at year end 2012."

From the 2011 ASHP press release:

The ASHP conference, December 4-8, 2011. The ValiMed(TM) G4 will be showcased at booth 247 at the conference.

"With the recent launch and commercial production of our ValiMed(TM) G4 system, we are excited to showcase the system at the ASHP Midyear conference, where a national and international audience of industry professionals will witness the power of our technology. We are the first to commercialize an affordable advanced measuring system, with multi-component capabilities that will enhance and improve the quality of care that pharmacies and clinical professionals provide. The conference should provide an optimum platform for our ValiMed G4 to gain market penetration and build industry buzz for our system. We expect to deliver several units over the next six months as the market interest continues to spread for the VG4, stated Jeff Brumfield, chairman and chief executive officer of CDEX.



Brumfield's expectation deadline was by the end of June, 2011, not the end of the year. The end of the year was yet another Brumfield expectation. LOL!

I'll be the first to admit, it's easy to get confused with all the "expectations" that Brumfield has been doing the last couple of years, but I wouldn't count on investors believing him any more.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.