InvestorsHub Logo

jdcpa1

09/18/20 1:08 PM

#1651 RE: RedOakTrader #1650

Their flagship product, a psorisis laser was FDA approved in July 2020 and should be saleable now. I would think it should generate alot of interest and time will tell for sure..

Based on the last filing, they also still have a pending deal for the stealthmark business to be sold for cash and stock in another business. Still being disclosed as pending..

Other than that, the share count has been respectable at just over 100M outstanding. Dilution has been kept very minimal for a long time.

It would really be great if we could get a strategic update from management. If they gain any traction you could see a big pop here, especially now that their medical device has been FDA approved and it's been under the radar so far. No eyes on it yet..

jdcpa1

09/18/20 1:17 PM

#1652 RE: RedOakTrader #1650

From the recent 8K:

The AURORA device is indicated for use in targeted PUVA photochemistry and UVB phototherapy for the treatment of skin conditions including psoriasis, vitiligo, atopic dermatitis (eczema), and seborrheic dermatitis. In addition, the system UVB channel is indicated for the treatment of leukoderma.