It seems that news on the Covid19 test kits and the Tyne kits is past due.
According to Hayward they already sold 2000 kits to Tyne last December. No revenue and no further news.
They did extensive testing of the Covid19 kit at Stony Brook hospital, then got FDA rapid deployment.
The results? No news for weeks.
So am I saying this is an established pattern for Hayward? well, ...yes.
This Maxim symposium is just another means to sell additional stock .
Maxim brokers stock and warrant programs for struggling companies.
As soon as the stock went up in value, Hayward had the board approve a shelf offering diluting current shareholders by at least 100%. He has done this over 20 times before. The only way Hayward has ever created cash flow is thruwdution of shares.
We have seen this run up and crash many times before.
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