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Canes16

07/11/19 11:16 AM

#16745 RE: biotech48 #16740

hi biotech, i have been here for 8 years...through the highs and lows...through the reverse split, etc. I have high aspirations for this company. There are so many pieces to the puzzle though. I have learned a lot about the Trial process, indirect vs. direct selling, how partners don't live up to expectations, how management stumbles but still gets back up, how Big Pharma has the pockets of Congress and the FDA, and I have learned how hard it is to get a Medical Device company off the ground. Even if you have SOC, there is no guarantee of sales. Just wait until CTSO is in the U.S. I don't think it gets any easier...and Dr. Chan is going to have to hire a heavyweight Sale Leader and Marketing team to get sales going. I have learned that everything takes time.

I have looked at other companies that aren't nearly as developed as we are, and they have $1B market caps. Right or wrong...they still have a $1B market cap. I ask why some undeveloped companies have volume so much higher than CTSO. So many questions...so few answers.

Where do I think the pps will be in the next few years. Maybe I should say...where did I expect the pps to be a few years ago. Obviously much higher than where it is today. If I had a crystal ball about the future stock price, I would already be rich. Even if I was a trader, I would have been a lot wealthier.

My thoughts, though, is we need to ramp up faster. At some point, we have to staff up if we want to get this off the ground. But first...the Trials have to be completed, and we need positive results.

Do I think this can easily be a $20-$25 stock if we are successful with the trials in another 2-3 years. Absolutely! But Dr. Chan needs to finish what he started...and he needs to hold true to his timelines.

Hope this helps. I appreciate all of the DD on this board.