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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 > LMD - LOSE MY DOLLA!
View:
Post by bullmetal on May 18, 2016 6:24am

LMD - LOSE MY DOLLA!

UMPATAN, YOU MAY BE RIGHT WITH YOUR CALL TO NINE CENTS. IT APPEARS GANE AND HIS TROOPS ARE HAVING TROUBLE GETTING THIS ACQUISITION DEAL DONE. THE REALITY IS SOMETHING MUST BE WRONG WITH THE DEAL. IF IT TAKES 9 MONTHS TO PUT THIS ACQUISITION TOGETHER THERE IS A PROBLEM. THEY NEED TO REDUCE THEIR BURN OR DO MORE SALES. THE FIRST QUARTER IS LOUSY IN DENTISTRY... SO THEY NEED A FEW BIG ORDERS TO STOP THE BLEEDING OR AN ACQUISITION...
Comment by Umpatan on May 18, 2016 8:59am
They care only to spread this technology like a missionary.  Your donation to this stock was a benevolent act of charity for a higher good.  This is not about making money.  Even at 9 cents, it is still a risk.  Its like playing with twin butte energy stock play.
Comment by DanDGanz on May 19, 2016 6:34pm
 hahaha funny!
Comment by Umpatan on May 18, 2016 2:22pm
Now I am afraid that I could be burned by buying it at 9 cents.  I think I will watch it drop further like 5 cents.
Comment by DanDGanz on May 19, 2016 6:32pm
Good points. Who takes 9 months to do a deal other than a dentist? They also need to improve margins on the capital equipment side in the US, because they have no CDN biz. I hear they give the machines away in order to win deals. Wheres the value sales pitch guys? This software deal needs to happen because aside from Velscope they are just a distributor and their proprietary business Velscope is ...more  
Comment by Umpatan on May 19, 2016 9:35pm
They Have done well in generating good karma for the benefit of all human beings may they be free from oral cancer. Making money? David Gane is the Oscar Schindler of Oral Cancer. He does have the heart of gold to help others with no concern for money. I want the ability to sell call options to bullmetal who is still a giddy optimist to be able to buy 300,000 shares at 14 cents June 30 2016.
Comment by DanDGanz on May 20, 2016 12:20am
 no longer sold on management ... Cancer screening device Velscope sales were down 40% in last financials and they can't compete in cap equipment in Canada and have to give it away to get business in the US ... how is this a good investment not too mention the huge dilution since I've owned this ... I bought this to make money not save the world 
Comment by Umpatan on May 20, 2016 4:36am
They do not care that you wanted to make money.  They feel happy to sacrifice your pocketbook to benefit others to be free from oral cancer.  What you are losing is just money.  David Gane has lives to save.  
Comment by Umpatan on May 20, 2016 4:41am
Your loss is only money.  Dr. David Gane is able to save countless lives as a result of him giving away this device.  He is a dentist first.  Do you not notice that he takes a very modest salary of not much more than $50,000 Canadian to be the President.  For a dentist, this is a paltry sum.  Even with stock options and warrants that allow him to buy these shares at 18 ...more  
Comment by Umpatan on May 26, 2016 2:54pm
Dan Granz sell today while you have a chance.  Its 13 cents.  You can always buy it back much lower and then ride it back up.
Comment by DanDGanz on May 28, 2016 2:09pm
I should have sold at .13 now I have to wait and not sure for what ... for them to give away more equipment to stay competative? From the research I've been doing this business looks like a commodity business on their big equipment with 13 othe rcompanies. I wish I had done my homework before investing. The proprietary business VS is done 40%. Maybe Dr. Gone and Lamear should cut their ...more  
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