"Gale has done everything he stated he would do, within his control. The objectives outlined since he took over the helm have been met and he kept his promises to investors."
Absolute Hogwash Ceniises.
Roger Gale said.
Would hire a qualified CEO with medical experience in 3-6 months. .......7 months later he hired himself with NO medical experience.
Marr could fund Calypte to profitability with no further dilution
... Stock has diluted immensely since then. I believe the outstanding shares have doubled in less than 2 years....
Calypte would be profitable by late 2006. WRONG
that was changed to Calypte would be profitable by late 2007 . Now that is changed to mid 2008 "maybe sooner, maybe later."
He had gotten 2 investors to invest 3 million dollars in company ....... They reneged on over 2.5 million of that investment and Roger no longer mentions it.....
He got a 1,000,000 test kit commitment from Mineseeker for first year ..... They actually ordered 3.55% of the commitment.
UAE ane Russia were each projected at 500,000+ test kits in first year. No reorders of intial stocking order of 100,000 and 25,000 kits in 2006.
Hogwash Cenisses. Roger Gale has a pathetic record on meeting his commitments, as shown above. Please list all commitments he has made that have been successful.
Oh yeah they also had to borrow $ 65,000 from an employee to buy materials to make BED incidence tests in first quarter. How pathetic is that.
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