OSP 0.00% 20.0¢ osprey medical inc

More like a long running scam where the CEO pays himself really...

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  1. 1,417 Posts.
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    More like a long running scam where the CEO pays himself really well for doing essentially nothing. I encourage people thinking of investing to look at the history prior to covid, it was a growth company that was not growing, then Covid gave them a break as they could use that as an excuse. Now their sales to wages ratio is even worse. The real issue is that it simply does not save lives according to the FDA, if they had been able to prove that it would have made a fortune. Unfortunately they cannot and they are selling to a sophisticated market, so only the very rich would reduce their risk and use it and for it to really make money it has to have wide adoption IMO which it will never achieve. It was invented in Australia and it is barely used here and it has been around for many many years.
 
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Currently unlisted public company.

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