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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 Apr 27, 2004 9:23pm
66 Views
Post# 7410151

The obvious

The obviousHalcyon, why do you bother to post such nonsense. Every company that is not making money is asking us to consider the future. your comments are about as simplistic as it gets. We are considering the future. You said it yourself a billion dollar market. Ramp has been commercially available for about 2 years. Why have they only sold a couple million dollars worth of product. Why has no one bought them out? Why have potential partners not injected huge sums into rbm (a common business move if a partnership with a big firm is sure to mean a large stock gain for the small co....usually entitling the large co the option to buy more of the co at a set price). Lots of markets are billion dollar markets that is not the issue, it is the ability to penetrate these markets. I guess I don't understand, has RBM not been trying to sell units to maximum of their ability for the last 2 years? Investors are waiting for a clear indication that yes RAMP is the unit that will revolutionalize the industry....FDA will likely not do this. Something more is required.
Bullboard Posts