Replies to post #2390 on Repro Med Systems Inc (REPR)

[Jlivermore29]

Craig Hallam note this morning.
Interesting note on meeting with company this week. I copy/pasted this from a micro cap club I belong to.

EPR* – The Southern District of New York Court announced on Friday that RMS won its lawsuit vs. EMED and dismissed the case. Alex Nowak notes there were three original lawsuits under old management in Texas, California and New York. The Texas case was resolved June 27th, New York was resolved Friday and California remains the final outstanding case. In particular, the NY case drove the majority of the legal spend, which amounted to $1.6M in 1H19. Alex points out legal spend should decline 2H19 with the dismissal, which is important as REPR only has $4M in cash. Craig-Hallum will be hosting management meetings in Minneapolis tomorrow and will be listening for an update on the legal efforts + business progress with Hizentra and Xembify. Alex rates REPR shares a Buy.