writing on the wall?, page-4

CandN1986

Guys should have a think about things before posting 'the writings on the wall'

Firstly the directors contributed over $1M between 3 of them in the last raising a few years back. CR's are not all negative, how do you know a) how much they are raising b) what price and c) how much they are contributing and potentially underwriting personally.

Raising may be above market, underwritten and lately supported bu directors like it was last time - 10% above market in fact.

Secondly the company has over $1M in cash and cash equivalents. With a burn of $300k a quarter and potentially a year's worth of capital to continue at current levels, maybe ask yourself why they need more cash ? Perhaps they are ramping up for the launch of the PeriCoach ? After all it is purely a marketing play with very little barrier to entry. Running out of money no ... raising money to ramp up a new product yes.

Increased shareholder communication. Perhaps because they are about to launch a major new product that they are trying to inform us about ? Maybe giving the subtle hint to the sellers that "material transactions are in process that aren't reflected in the share price " as they said a few reports back.

Yes the burette is taking time, but they are progressing towards sales in Taiwan and still negotiating Brazil. No other medical device companies work any much quicker when dealing with US and EU majors. I imagine these majors are both largely dependant upon Brazil being secured. Revenue should flow early next year from Taiwan and shortly after for Brazil. A license deal in the US or EU and people will be thankful they were so patient. The burette will take time with a major, but I am confident will happen in next 3-6 months pending success in Brazil.

The company is taking proactive measures to add shareholder value by raising funds and pushing ahead with the PeriCoach. They could just as easily not put further funds in themselves, sit back and let the burette run its course and hope for the best. I much prefer to see a raising supported by directors to ramp up a potentially huge product like the PeriCoach with little competitors, no barrier to entry and no multinationals to deal with - purely a marketing play.

People should spend 5 mins researching potential of PeriCoach and those celebs supporting incontinence discussion like Whoopie Goldberg. One of them coming onboard the the product is made overnight, no big multinationals to negotiate with like the burette. It is all marketing and look how ISN did and ran to a market cap of $180M.

Not posting so much now as waiting on Brazil and launch of PeriCoach. Not much else to say but I don't knock this latest move, I think it is very prudent. Would much rather see them raise $1M which may result in $10M+ of revenues with the PeriCoach then just sit back and not raise waiting for burette. Guys see "CR" and immediately think negatively - not the case here.