Cash, thanks for noting your thoughts. While I agree that Rotelli being gone definitely helps, it still remains to be seen whether they have a solid business plan to keep the company afloat, let alone profitable.
The fact that the the 10K was filed very recently (5/18th) makes me think that the statements in there are still quite relevant. And the following statements make me very concerned about my investment with the company:
"We have not generated any significant revenues since our inception and do not anticipate that we will generate revenues sufficient to sustain our operations for the foreseeable future. Our profitability will require the successful commercialization of our medical device technology or future products for which we may acquire a distribution license. We may not be able to successfully exploit any distribution rights which we acquire and may never become profitable."
By changing the company's reporting date, the management are effectively telling us that there will be more financials in July I'd guess some time, updating on 1) Sales of thermometers via Amazon and 2) Any other news or maybe even tie ups with other medical device selling companies.
Who knows, they might have even met or found a medical devices company that want's to also reverse into the shell. That, of course, I don't know for sure.
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