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Bullboard - Stock Discussion Forum LED Medical Diagnostics Inc LEDIF

"LED Medical Diagnostics Inc is a Canada based company engaged in development and marketing of a medical device under the trade name VELscope which is used in the dental industry to help identify oral soft tissue abnormalities including those which may be cancerous or precancerous. In addition, the company also features a Digital division that provides dentists and oral health diagnostic... see more

GREY:LEDIF - Post Discussion

LED Medical Diagnostics Inc > Operating Loss on 10K
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Post by Alexsorenthor37 on Sep 08, 2015 10:32pm

Operating Loss on 10K

Looks horrible. I can see why on the selling. At this rate they will have to do another capital raise and more dilution next year. Unless Dave and Llamar can pull a rabbit out of their a$$, it doesn't look good. Miracles won't happen with over 6 million dollars spent on sales and marketing totaling to over 9 million in expenses. Have they lost their minds? We were better off with only 50 million shares back in 2013. Now the share price has been cut in half since then and deservedly so. And it doesn't look like it wants to recover. Shareholders who got the .20 cent shares must be dumping at .21 to .22 to get their 5% to 10% and walk out in one piece. I'm trying, but its hard to stay positive at this point.
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