A Letter to ChemTrak management and to Ed Covell:
Well, Boy oh boy do we have a surprise here. Looks like we got screwed. Make that twice in a week. We will surely see something below 1 tomorrow. I almost bought more today, Glad I didn't :) I'm sure lucky I didn't have all my ponies riding in one basket. Thanks, Ed. Seriously, can't one request for info from the FDA be enough? Now we just move on? Lets get a game plan going here. I'm sure not selling now. Who knows what we will see tomorrow. 1 at opening down to 1/2. If we are lucky. Say the HIV test is icing, say it is the cake. Either way we were niether. Call CMTR a burnt cake, maybe if their lucky. H. Pylori? When is the release. As a shareholder I want some answers to my quesions. Wasn't it supposed to be last month? When will Colocare hit the shelves I sure haven't seen it? Also, talking to some doctors about it, they didn't eve know it exists! Lets get some press to our puppy here, Ed. Lets grow it into a beast, devouring the market and making the shareholders salivate. The press release didn't even mention what the FDA wanted. Customary, maybe, but I don't care! The drug test could possibly give us a million in revenue this year. The H. Pylori test could possibly give us 2. The Cholestrek test, maybe another million. (If all the shareholders continue to get tested on a mothly basis) The rapid test? If we can't even get this one approved, the rapid one is years away and a couple more private placements down the road. My percentage of the company today will be worth only 1/4 of what I had by the time that gets approved. :( Ed, I know you work hard, and I put my money with you because I thouroughly trust you. I hope that trust holds.
Sincerly,
A worried, scared, but patient investor,
Art |
