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Biotech / Medical : OmniCorder Technologies, Inc. (OMCT) -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (11)1/20/2004 8:12:59 PM
From: RikRichter  Respond to of 63
 
The only answer I have for you now is the price data on PMOS. The reverse merger occurred on December 19, 2003 so you could see the price spike since then.

finance.yahoo.com

If you listened to the conference call, you would have heard the CEO's case that PMOS has a revolutionary new medical diagnostics tool which is patented and FDA-approved.

You should try directing your questions to management to see if they will respond.



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