OmniCorder Technologies, Inc. (OMCT) Message Board

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Biotech / Medical : OmniCorder Technologies, Inc. (OMCT)

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To: rrufff who wrote (11)	3/21/2004 10:32:53 AM
From: Mahatmabenfoo	Read Replies (1) of 63

Ruff asked: "What do you have for revenue projections over the next 24 months". ZERO. I based that on the fact this company got FDA approval for its device in December 1999. A few months after that, the CEO predicted "Over the next year.... his 25-employee company will quadruple as hospitals and doctors catch on to the device" businessweek.com The reality: NO SALES IN 4 years! And instead of doubling, the number of employees DECLINED from 25 to only 11. That's what's behind this hot prospect: 11 EMPLOYEES! This is HYPE. The company makes noise about how its product is "available"; but very quiet about the fact of no sales for 4 years -- or ever. Hard to call this a "hot prospect"! - Charles

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