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Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII) -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Steel who wrote (9)3/16/1998 5:32:00 PM
From: Gwolf  Read Replies (1) | Respond to of 6039
 
Dr. Steel, there is a difference between the FDA trials being completed and the FDA giving their approval. I have been told that the trials should be completed in the May to June time frame, the approval process could then take 1 week to 9 months depending on the FDA, I believe that the confusion you may be experiencing with different dates is the difference between completion of the trials and approval by the FDA.

I also thing if you take the time to do a little research you will find that the company is in fact completing their agreement with TRW by paying them in cash. You are making a faulty assumption about them receiving stock as payment.

I must say Dr.Steel that this is a development stage company and as such things take time to come together, I'm sure that the original investors in any company such as Microsoft or Intel thought that the transformation from development stage to a full blown revenue producing company was extremely slow.

I personally have felt that the company has been very forthright with me in conveying their progress. I personally wish that the company had the FDA approval,that revenues where being produced and that I was reading articles about this company in the Wall Street Journal but as they say "Rome wasn't built in a day".If you are a speculator then you need everything to happen right now, but if you are an "Investor" then you need to hold on for the long run.Everybody has to make that determination for themselves.

Gwolf