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Response Biomed Corp RPBIF

"Response Biomedical Corp is engaged in the research, development, commercialization and distribution of diagnostic technologies for the medical central-lab testing, point of care (POC) testing and on-site environmental testing markets."


GREY:RPBIF - Post by User

Bullboard Posts
Post by Hurting20on Jul 05, 2006 10:45am
212 Views
Post# 11064125

Management

ManagementOne has to wonder, how did this company exist for 15 years (think salaries, options, timely selling) and at the recent agm it was coined a start up. How is it that my and perhaps others opinion of the 2 R's is that they are feeders? How can a ceo say for example and reitierate that sales growth will be in the 2-300% range and then fall way short. How is it we can be told of partnership agreements, somtimes waiting to be signed, and nothing happens? How is it that we see the company go into bankruptcy again (note the negative cash position) without a whisper from anyone. How is it that world changing rbm ramp meter has quality control issues? How can we be told the acceptance will not be great until it can do multiple tests? How is it that Radman's sister has received salaries for business development for 10 years? No business. Would he fire her if she showed up for work half the time? How is it that they signed up the fab 5 at a huge discount to the market? How did they get around securities reg's? How is it that the new board says they don't care about share price? How is it when they do the new offering in 4 to 6 months they will discount the offering to the bone against the share price? Why is it that pesky internet posters won't leave them alone?
Bullboard Posts