Hello! What makes you think I've left? I don't have to post everyday you know I have a life outside of HotCopper..
It's going to be a dark and gloomy few months ahead for the stock market IMO. I was regretting my decision to sell most of my share portfolio at around 6700 points for cash to see the market roar past 7000 points although not regretting this anymore... The wife is doing a good job spending money on toilet paper and hand sanitizer (when she can go her hands on some) now regretting I didn't sell this to at the time and rebuy down here, would have had 3 times as many shares today, can't pick them all..
Will just continue to hold and wait out this storm and inject some further funds to help support the share price.. the price is an absolute bargain at the moment, bargains all over the shop in the ASX, never thought I would see RAP trading down at these levels again
Way too much panicking going on in society at the moment, dust will settle life will go on RAP will bounce back hard with a vengeance. Just need to see first proof of concept with integration to take place into the telehealth system very shortly and this company will start to rise up during these hard times. There will be lots more to talk about then... Honestly this crisis was brought on by a respiratory pandemic yet we are a respiratory company developing striking world first technology that has the ability to empower people from the comfort of their own living rooms to make the right decisions at the right time in a real time scenario without any additional hardware required and during these tough times that is the key-no one wants to spend more money right now on additional hardware. ResApp should be all the rage right now accurately diagnosing upper and lower respiratory tract diseases but noooo management have been dragging the chain and making bad decisions. Who would have thought the FDA would have said see you later maybe next time with all the positive things going towards this company, really low and pathetic by the FDA. What happened to "let's make America great again" that decision was a joke and I am seeking to get the answers but I have been getting the run around with the FDA but I will not give up! The panel on that committee that made the poor decision should be sacked! I'm still getting my head around the fact that the FDA sent further questions but didn't give our company the opportunity to answer the questions before they came up with their No Deal. Bureaucratic pen pushers! I bet they're regretting the decision now with all of this talk on telehealth and with the implementation of reimbursements through Medicare on a federal level. And soon the states will also pass new legislation and allow reimbursements through Medicaid. There's no accurate tool at the moment other than ResApp.. but no let the doctor's make their own visual judgements and high miss diagnosis for online telehealth consultations to continue for at least the 50% of traffic that visit for a respiratory issue, yeah Lol I'm still spinning out wondering what they were smoking!! Our company needs to take this to a higher-level and dispute this I believe we have a very good case and I believe we will win! Let's see what happens at this meeting soon hopefully they can overall their stupid decision...
Cheers
Red bar
