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janeyH

09/24/19 9:10 PM

#973 RE: just a learner #972

cash position not good - that’s why valuation lie and big risk

SHEEPWOLF

09/25/19 5:25 AM

#974 RE: just a learner #972

Research and development cost money and the company has utilized friendly debt from directors to achieve FDA approval/clearance of devices that have the potential to produce over $100M in revenue over the next 5 years.
Recent favorable changes in insurance reimbursement should prove to be a boon as device placement (DermaPace) has accelerated. Each device placed can generate $500-$1000/ week in revenue; I expect we will see updates on that progress soon. The company is well positioned for success.