SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : OmniCorder Technologies, Inc. (OMCT)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RikRichter who wrote (55)11/24/2004 12:56:47 PM
From: Mahatmabenfoo  Read Replies (1) of 63
 
OMCT is **not** development stage, and that is the problem.

It is EXACTLY the opposite -- it's had a FDA certified product for at least 5 years, and for at least *** FIVE *** years after FDA approval it has tried to sell it. No buyers.

Kind of a hint, eh?

And the core technology wasn't even developed by OMCT, which is another thing that makes your "development" stage excuse pretty silly. It's main tech it got by a license -- the geniuses at OMCT had nothing to do with it.

And now the number of employees (AND money) is down to almost nothing -- how can they hope to compete with real companies that actually make a profit on devices that do what OMCT claims to do?

It's bad enough when people hype stocks based on unrealistic hopes that a product when -- and if ever -- released will be a big deal. In this case the product HAS been released, and it's had 5 years to fall further behind the real companies that sell things.

It's not "developing". It's been dead for years. There is mold growing on its lips. Hey, maybe it'll wake up and kiss you before you see the bones!

- Charles
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext