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opportunityknocking

10/08/09 8:34 AM

#23338 RE: Gold Seeker #23336

Gold, you stated, "Half, if RECAF could generate 1 billion in sales, Abbott would have been falling all over themselves to continue developing the test. They are not."

First, go back 4 or 5 years. All Abbott invested in was a radioisotope. I don't have to list all the accomplishments Dr Moro has accomplished with recaf since he started. He himself did not know that recaf can detect EARLY cancer, it shows up in saliva, and in urine, and in different species other than human. We sold a prototype. A first generation recaf persay, and now it has evolved into a lucrative biomarker capable of cancer detection like no other marker out there. I would say Abbott is NOT stupid. They ARE on board.

Second, Half was speaking about POTENTIAL earnings. Well, I am not going to say he is correct or incorrect in his assumption of a billion in sales. What small thing he and you overlooked was that the share price you both calculated was not taking into consideration the share price would have to have a multiple (a P/E ratio). Now go back and figure the share price with a 5-10 P/E multiple. The share price becomes 5-10 times GREATER than you both were calculating. Now how do you like them apples? Still think this will not be a huge return on your money. Coulda, woulda, shoulda.

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opportunityknocking

10/08/09 11:25 AM

#23345 RE: Gold Seeker #23336

<If Moro was willing to answer questions, you could ask him why but Moro no longer appears to desire questions from shareholders>

Uh, what do you think will happen at the shareholder meeting? Did you think that Dr Moro is just going take the fifth and ask shareholders to give him their money to become a part of his cult. I'll try to remember not to drink the Kool Aid.

<Going into the public offering with a market price of 14 cents could mean a offering price of 7 cents plus warrants.>

7 cents my A** There is no way he will discount the price 50%. Nice try. If he did he really may have already had commitments lined up. Inverness or Abbott may want a piece of the action.