I am down to less than 500k shares. I have been timing my selling with the articles which are coming out once per week on Mondays and Tuesdays.
Funny thing is that they are not raising cash and won't communicate with shareholders. They do not have money to do anything right now. No funds to run any clinical trials, redesign the device, redeem the convertible notes, etc. To me they are being deceitful about financing and the reality is that they cannot raise capital from anyone besides toxic note holders or maybe they will do an equity line or public offering at a huge discount with warrants. Would make sense with the volume.
This company has great technology but it has always since I have known about it and been invested in this technology (Ivivi Health Sciences), had some of the worst people running it. Incompetent, deceitful and greedy.
I looked at their website and Dr. Makowka is no longer listed as their Chief Medical Officer, yet they won't say anything about it (was he fired, did he resign, is he taking a different role such as an advisor, did the liver study fail?). See what I mean?
This company is a flipper's dream, wait for it to drop, buy cheap on the bid and wait for a paid article to be put out and sell on the way up. Rinse and repeat.
News 
Market Data 
Discover 
