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01/10/15
12:15
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Originally posted by muppet655
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Hmm I think the level of despair on here is a bit overdone, yes the buying surge was over done, and the clear ramp in SP was in hindsight a warning that profit taking was on the cards, plus the register will be very loose from the companies previous incarnation.
That might explain the current volatility, but it completely misses how good the announcement was and how bright the future for this company is, and that its market cap is still tiny. Six months from now this could easily grow in multiples. The inventor is incentivised at 5 cents!!! and then 10!! ie he won't get much reward until the SP grows by multiples, that's a strong indication of where the company is headed.
Management are discussing the tech with NGO's and telehealth providers, advisors with a 99% FDA approval hit rate are involved, and you can be sure they wouldn't touch it if they didn't think they'd get the tech across the line for fear of damaging their numbers.
I'll be holding, then accumulating if the sell down gets much further rather than panicking and reflexively writing the whole company off!
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Mu.p had contact from the National asthma board ... resapp have met prior and have another meeting soon.. no comments which is excellent as you would understand from these type of boards... they announce negatives very readily