A great buying opportunity. Very natural for the SP to slip in between announcements as some holders have been around for a long time and will need to cash in at times. But more positive announcements are getting closer by the day. I harken back to Jevalent's post on March 9 as below - Jev is one of the very few HC Posters I follow - I find the posts insightful and balanced - Thanks Jev!
MARCH 9 The key event the market is waiting for (IMO) is a distribution deal. CZD has had discussions with potential partners for the dressing going back over a year. Surely by now the company and its negotiation partners know generally what an acceptable deal would look like.
I believe that with marketing in the US now facing no further regulatory obstacles, that deal will come quickly. That deal ought to drive the SP to 40 cents, and if a deal can be made with KCI to retire their old "granufoam", replacing it with "NovoPore" then $1.00 could be in sight (assuming $35 million annual net income).
CZD Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held