Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum 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 Discussion

Response Biomed Corp > WATCH? YES BUY? ARE YOU CRAZY
View:
Post by Hurting20 on Jan 04, 2016 5:33pm

WATCH? YES BUY? ARE YOU CRAZY

I want to suggest everyone go to bigcharts and do all data for RBM
Is it over $100 M burned for this $5M cap rate company?
If you want to see money evaporate this is the place for you

Comment by yoshka2000 on Jan 04, 2016 6:43pm
Hurting2o for over 20 and so am I. I also feel , a lot of those leaches should of been charged years ago but, they seem to know the law in most cases. So, you think the bleeding is over or will it take another 100M and sign their grandchildren to the board before the shareholders start to see the lite. When you get a guaranteed income why try, especially when you don't have any real skin in ...more  
Comment by Felco on Jan 05, 2016 2:07pm
I had real skin in the game.  Now all that's left of the $20,000+ I buried in RBM is about $100.  What a mutt.  Thank god most of my money went into PLI.
Comment by prospap on Jan 06, 2016 3:37pm
I feel your pain, Felco.
Comment by SolidFuel on Jan 08, 2016 6:07pm
Hurting20... You state that RBM has received $100 million of investment capital to-date, and yet only has a $5 million market cap... but isn't that a reason to consider investing? Yes, previous investors have done poorly.  That is their problem.   New investors have a chance to buy into RBM at a market cap of just Cdn$4.5 million while the company has annualized revenue of $15 ...more  
Comment by dimar66 on Jan 09, 2016 2:51am
SF - I think you have the right idea about all this, but mind you a lot of that 100 mil. was wasted.  still it has got us to where we are now; a management team that is working diligently to turn things around and the last two Qs show evidence that finally things are coming together.  A lot of dillution has taken place but Response is developing a world wide market and that can be huge.& ...more