Replies to post #56734 on CYduct Diagnostics Inc (CYDX)

[jospur]

I honestly don't think you're going to see a great quarterly until after the CE mark is in place and they star selling products over seas. Then you will see this stock go into penny land.
The day SNDY really takes off when they get bought out by a bigger company, that's when the longs will make out BIG and that's what I think many of us are waiting and hoping for. IMO. Patience grasshoppers.

I believe somebody here posted something that said that once a company has FDA approved products and they get a CE mark, 95% of those companies exit via acquisition. Or something to that effect. That's what I'm waiting for.

[Hulk Hogan is God]

To me the worst part was 'Note 3 - Financial Condition and Going Concern', a few statements made there:

1. "Solos has incurred net losses through March 31, 2013 of $8,199,357. This factor raises doubt as to Solos's ability to obtain debt and/or equity financing and achieve profitable operations."

2. "Solos management intends to raise additional operating funds through equity and/or debt offerings. However, there can be no assurance management will be successful in its endeavors."

3. "No assurance can be given that additional financing will be available, or if avaiable, will be on terms acceptable to the company. If adequate working capital is not available, Solos may be required to curtail its operations."


Combine this with miniscule revenue and dilution history, and we've got an UGLY picture here brother. IMO this was a VERY bad report that prepared us for possible disaster.

IMO of course dudes.