RE:RE:RE:RE:RE:RE:RE:ANTICIPATED PRODUCT LINE PRESS RELEASEThe bottom line here is that the market doesn't believe they will launch these plans.
At present, I am not entirely sure they even care. The low price attracts a sweet deal during negotiations.
Normally, when news like we have seen over the past several weeks comes out, existing shareholders jump in and buy more. And the price certainly goes up because they believe that plans will become reality. Normally is when the shareholders trust and support their CEO.
Unfortunately the CEO may in fact be directing teams and resources to the big strategic imperative but only the horses behind the barn can see what is going on.All we have to go on is whether we believe the strategy to produce their own products and get anti aging and maybe cellulite treatment on the street, and I for one think this is exactly the type of real action that is needed.
1. They have secured some capital to keeps lights on and fund a human capital trial for cellulite. Why the F this was not confirmed in a news release is beyond me. Launching a human trial on an emerging biotech is a GD MATERIAL EVENT.
2. They have the marketing developed to attract initial attention. Why the F they are not leveraging top web site development talent, which I would argue is available of they simply called one of their own shareholders who could rock that space is beyond me. That would move them out of amateur hour.
3. We all have the Allergan launch to look forward to which is going to drive up our price in my view, so that's a big check mark.
4. We wait to see if equity is raised for the Sirona Laboratories. If there is a major injection of equity investment, that is an absolute punch we need and nobody will be able to ignore that benefit because the share price is already in the dumpster. Any heart beat in that lane is going to produce a net positive reaction.
5. They need someone with some credibility to run Sirona Laboratories and any structure that sends a cheque our way (ie dividends to the Sirona ownership stake) would be absolutely awesome.