RE:RE:RE:RE:Low Volume:So Jackie, here it is in a nutshell. We all know from the past the effects of any announcement surrounding CMS, and the company, specifically regarding the share price, and some shareholders running for the exit, just like we are seeing again today on both sides of the border.
Really, how can you blame them, as CMS will do what they do right. I contacted the company, with the hopes they could provide more color about this report. You are correct, It would seem that both the company and CMS have known about this report for awhile, why is it surfacing now, who knows.
The following is a summary of what the company had to say :
1. Because of the 4 year look back, the actual amount today would be $11 million, not 29 as some are thinking. Each month that goes by, the amount continues to decrease, so on a quarterly basis the amount would decrease by 3 to 4 million.
2. As per the press release, if CMS were to revist this claim, 41 out of 42 have already been approved they would be over ruling themselves. Could this happen?? Yes, but highly unlikely.
So here we are again with another negative blemish for the company to deal with, they do not expect CMS to put out a statement defending VMD, nor do they have to. In my view it certainly couldn't hurt. Again, why was this report kept quiet until now??
With all due respect Jackie Q2 is a long way off, and really uncertain as to what the numbers will show. Now the company says the core business is improving, and management expects that to continue, yet to be proven. A VA contract, or an acquisition, purely speculation chatter until we see an actual press release. You have called for a return to a $16 dollar share price a few times since last June. Possible by years end in my view if the core business revenue, and ebita margins return to historical growth. We could still see the Russell 3000 effect, again speculation. GLTA