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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

Post by Hurting20on Mar 14, 2014 7:46pm
264 Views
Post# 22326322

Hello Everybody

Hello EverybodyWow!!! What a surprise. RBM is still around!! But alas not much has changed. Been gone for awhile but something started stinking from my computer...and it brought me back here.
Ha Ha... I forgot my hurting handle..rechecked my reputation and quality of posts....apparently I wasnt too well thought of. I am not the kind of guy to say I told you so....
Think about this. 
over $60 M burnt 
Market cap of $11
company pledged assets of the company for $2.5

Now that is action.
Look at the 10 year chart. 
No market for the stock. Seriously was that really 2K that traded today?

Here is the best part...at least this Purvin guy has caught on to how to deal with this.
"Yes yes. I know we cant sell this thing. Just wait though. Not our fault. It will get better, soon real soon. No No, I know I am your CEO and there is lots of management here, but we dont want to buy this stock. Yuck, are you kidding me my broker would call me a fool. Anyone, well almost anyone (wink) has been burnt badly by owning shares of this pig, why would I do it."


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