Derm Tech & IRTo Insightful: My last thought on this is that the KEY difference between Derm and Mdx is that Derm has built over time trust in the investors to afford them the times when they dont do well the investors dont dump. I did take your advice and contacted Bill last week. I really think you should as well.
Great 45 Min Conversation so i will try to summarize:
1 discussed that mdx needs to try to address the major dillution it has on its hands, bill seems to think this is there number 2 concern.
2 regarding the lack of follow up with previous news releases, bill would like to see more consistent and contiuous statements and followup new releases of progress, he believes will build investor confidence.
3 the lack of large name sales seems to be the biggest hinderence of share price movement, single and mom and pop type of installs dont really generate great traction and Bill believes there is not much time before the investor confidence erodes without announcement of contracts.
4.Bills Number 1 concern seems to be around the lack of marketing which said is been addressed as there are " so many balls in the air at the moment"..... no sure what that meant.
5. he did indicate that this management team is like no other that he has seen as he specializes in entreprenurial companies and gave great kudos to Mike and team.
6. Bill also suggested last week that they are well funded andjcan move forward nicely once they deal with the dillution issue and said Medx is agressively trying to be cash flow positive by years end.
When asked for a prediction of share price ....... well we had a good chuckle.
I encourage everyone to call Bill as it took time to get a hold of him as i mentioned in the past i did finally get through last week. Thanks for the encouragement insightful very eye opening....