News Focus
News Focus
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pepaglobal

07/30/10 4:03 PM

#21544 RE: BigOwl47 #21540

Very funny, did you ever consider carrier as a marriage counselor?
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wizard69

07/30/10 4:07 PM

#21546 RE: BigOwl47 #21540

Nice theory, but its pretty obvious by the falling SP that most of the SH don't believe it. Most have lost all confidence in dean having the expertise to get it done. Most don't believe the machine actually works. No matter how many excuses they offer, there is absolutely no reason to not demo the actual working model (if it exists) this in itself would get the sp back up over a buck. If he doesn't get it approved, I will do whatever I can to get him investigated by the SEC. It does happen, check out GFCI , very similar story, a bunch of us reported all their activities over and over to the sec and about 6 months back, they handed the ceo a 7 count indictment. (check their board, a copy is on this site)
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ounceoflogic

07/30/10 4:09 PM

#21549 RE: BigOwl47 #21540

See below from the FDA website which seems to say the the submitter is entitled to ask for and receive monthly status updates. If that is true then all of this speculation is really not necessary. I don't see anything prohibiting the publication of these updates. so why aren't they? I'm certainly no expert but if one wanted to inform one's shareholders and the public, wouldn't publishing the monthly status report be the simplest way? Or is speculation what Dean wants?

510(k) Status Program

Submitters may request information on their 510(k) review status 90 days after the initial log-in date of the 510(k). Thereafter, the submitter may request status reports every 30 days following the initial status request. To obtain a 510(k) status report, the submitter should complete the status request form, FDA 3541, and fax it to the CDRH office identified on the form. Within three working days after a status request is received, CDRH will send the submitter a fax that includes:

* The ODE or OIVD division or branch to which the 510(k) is assigned;
* The last action, and date of action, that ODE or OIVD has taken regarding the 510(k);
* The position of the 510(k) in the reviewer's queue; and
* The average review time for the division or branch