I was shocked that Erb seemed so unprepared, lacking clear, incisive plans for the CC. Major studies cancelled and plans for the future STILL waiting on the drawing board! Not exactly a confidence building call. Plans seem vague, despite months to "understand" the problem and come up with a solution. Definitely didn't get the impression that there's a buyout or alternative solution in the works.
Yeah, I get that a shorter, simpler trial will get C-Pulse to market faster. But if the drive line is the problem, well, it's still a problem til we get CP2 ready for trials. And they're still working on miniaturizing the components? Why is this the first we've heard about that?
Erb has a stellar track record. Maybe he can pull it out. But we all thought the last guy was pretty ok, too. Hoping for a miracle. Not expecting much.
Going to try to take Semi R's advice and stick this one in the mattress for the next six months.
SHC Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held