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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 > Who to vote? Your input please? Ledrog, Bullmetal input?
View:
Post by Umpatan on Nov 17, 2015 12:23pm

Who to vote? Your input please? Ledrog, Bullmetal input?

1. David Gane
2. Rick Pauls
3. Lamar Roberts
4. Rodger Tourigny
5. Darryl Yea

2. Appointment of Grant Thompson LLP as Auditors of the Company for ensuring year and authorizing the Directors to fix their remuneration. For of Withold?

3. To approve stock option Plan of the Company. For or Deny?
Comment by ledrog on Nov 17, 2015 2:26pm
You're a shareholder I assume....so vote however ya want.  For what its worth, with all the shares outstanding thanks to the printing press, I doubt you have enough shares to influence the result anyway.
Comment by bullmetal on Nov 23, 2015 1:31pm
The thing is this... I am a shareholder for a few reasons. The biggest reason I am invested here is because of Llamar Roberts and his ability to turn companies around. This is a turn around play that requires patience and unfortunately it is taking longer than I thought. The key here is to get better sales or that they buy a company with more revenue to reduce the current burn rate. Ideally they ...more  
Comment by ledrog on Nov 24, 2015 12:57am
Of course with Roberts you also have Gane and is baggage which the SEC called negligent....but not grossly negligent enough it seems to warrant any action.   It certainly seems though that the same playbook is being used...with outsiderclub and their new IR firm promoting the heck out of the company, and a SeekingAlpha writer helping out as well...and its happening against a back drop of ...more  
Comment by bullmetal on Nov 24, 2015 10:43am
Gane thing is what it is and we need to assess it for some sort of liability. The reality is they hit their targets last year. Key on is whether their targets this year can be hit? Short sellers clearly have their opinions in the opposite direction to mine. Time will tell...
Comment by Umpatan on Nov 24, 2015 12:26pm
Gane will cause pain, not the anomyn for Gain.  What is his target for this year bullmetal?
Comment by bullmetal on Nov 24, 2015 8:53pm
16 to 20M was their guidance
Comment by Umpatan on Nov 25, 2015 8:23am
The sad thing is even if it met expectations the stock will plummet as indicated last year. If it fails it will plummet more. Those holding onto this stock better hold on for a very long time. I say short selling now would be the smart thing to do. It's almost a guranteed move.
Comment by bullmetal on Nov 25, 2015 9:41am
Go for it and we will see who is right in 2016. The reality is your assessment has more validity than mine to this point.
Comment by Umpatan on Nov 30, 2015 11:06pm
Q3 results show that it was only 1.8 million dollars which was 46% lower than 3.3 million in Q2.  Nowhere is it close to the 16 to 20 million guidance.  The stock will crash tomorrow!
Comment by julianmontoya on Nov 30, 2015 11:21pm
Debt decreased in 1.5 million. I wouldn´t be that pessimistic.
Comment by Umpatan on Nov 24, 2015 12:32pm
Stock went from 34 cents to 26 cents after Nov 28, 2014.  It dropped.  It wont help bullmetal.
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