THERE ARE many REASONS, MUST READ
1) Scientific American is a well known Science magazine in the world. That is why that article is very important for me as an investor. Scientific American doesn't make news or article for scams.
2) CTLM accepted by FDA as a DOT device another big mile stone for me as an investor of this stock. Very good sign for getting Pre-Market Approval from FDA.
3) FDA gave them Export Certification, that is another good sign for me as well . Again that is another good sign to INVEST.
4) FDA approval just for sales in the USA. If they get They can sell in USA but for overseas the company doesn't have problem to sale internationally. Until now they sold 18 devices.
5) The company holds, IS0 certification, CE marking( accepted 32 countries in Europe), China, Russia and Canada Certification. So those certifications is enough for sale CTLM internationally. So the company wants to increase those sells. They made agreement with Mexico last December to sell 5 CTLM. The company send 1 and 4 of them preparing to send.
6) For increasing international sales you need distributors. So in May, 2012 the company added 2 new distributors. Kuwait Mareen Group, Japon Shimadzu. Both of them big companies. Shimadzu is in the business since 1875, a billion dollars company.
7)I made some research, in Russaia CTLM market 2.5 billion dollars. In USA 4.5 billion dollars. In Europe 8 billion dollars. dON'T KNOW CHINA MARKET, I GUESS IT MUST BE BIGger THAN USA. The company sold 1 CTLM to China. It takes time for the company to be known internationally.
8) the company holds 35 patents, 20 in usa 15 internationally. I made my dd before investing this stock.
9) It tales time for the company 19 years battle to be known in medical field.
Either case they will sale and they are selling CTLM.
So for all those reasons i invested here. i am long, i will not flip or use this as day trade. I don't care daily share price. I know we will see 5-10 even 20 upticks in a day.
we will see cents even dollar levels. This stock has high potential of gain.
HAPPY WEEKEND