Replies to post #5602 on Calypte Biomedical Corp (fka CBMC)

[bloodhound99]

axiom you would THINK SO in a normal world, however these are the guys who in July were telling you that they would have 4.593 million in sales in 2007 also.

In addition Calypte has been unable to get the Middle Easterner's shares registered for sale and THAT might have some bearing on whether they want to buy enough shares at this venture to own a majority of Calypte's outstanding shares, without being able to sell them and with all of the assets pledged against loans to Marr due in less than 17 months.

Would you spend 13 million dollars to own those shares? Especially for a company leveraged to Marr and producing only about $ 5,000 a month in rapid test sales?

Don't think Roger is slick enough to sell that at this point, but who knows?