InvestorsHub Logo

southflatrader1

03/22/19 12:33 PM

#79184 RE: southflatrader1 #79183

This is where this constant tweeting is going to backfire - peeps will cross check him - and could do more damage than good -

Gisano

03/22/19 12:36 PM

#79185 RE: southflatrader1 #79183

They should be cleaning house and rounding up doctors in the Fillipines and everywhere else - I dont get why it is so slow and why this company doesn’t have a true spokesperson and somebody that has character to say hey this is my company and my vision - this is sorely lacking here

WinInLife

03/22/19 12:37 PM

#79186 RE: southflatrader1 #79183

I don’t believe that’s going to be an issue. I’m taking into account that they will be financially self funded this year at some point per their shareholder update. So once we get the 10k we can take a look at the fins and figure out current cash burn rate plus gross profit and royalties (if any) for CaverStem procedures .

If they stated they expect to generate enough revenues to be self funded then they should be in good shape. The waiting is almost over. 10k is due in a few days.

JVegas

03/22/19 1:00 PM

#79193 RE: southflatrader1 #79183

Based on What We Know...

IMO, I think they may have jumped the gun a bit on being self funded. Marketing campaigns are very expensive. I just don't see the handful of doctors we know of generating enough money at this point to outpace marketing costs and other business expenses.

This is still in its infancy. Once we see doctor listings for Chicago, New York, Atlanta and other major cities get added to the site, then the tide will turn.

Lonewolf1

03/22/19 1:08 PM

#79195 RE: southflatrader1 #79183

It is completely ludicrous to think that these folks will be self-sustaining in 2019.

It would take millions per year in revenues to be self-sustaining and they don't receive anywhere near the full cost of each procedure performed.

The doctors have to receive most of the money generated per procedure.

We're talking 10-12 doctors so far after months of the procedure being available.

Even if we had 500 doctors at this point the target of being self-sufficient would still not be realistic iMHO.