Post by
littlerichard48 on Oct 11, 2012 8:57pm
So you believe in the Tooth Fairy Too
I too invested in our company about two years ago believing in our products and the management team. I believed that some very intelligent people had done some very hard wok and received FDA approval for two products (B CAD an Vascular Visualize) but after the failure of coding on B CAD, I questioned the success of our company due to management execution as can be seen by one of my earlier posts. That forgiven, I put my investment in our company under the pilow and each time that I've checked, have found less than the time before. B CAD received many Aunt Minnie awards but no Aunt Money awards and is also not benefiting society. Vacular Visualize requires at least 10,000 scans per month at approximately $20.00 per scan to keep the lights on and break even. Purchase of Mytrac to keep the lights on? As a long time investor in our company and believer that or products can be of benefit to human kind, I/we need to know why our company is failing and what is being done to rectify this situation. Myself and I believe many of our investors (not day traders) would like to know what challenges are facing our company and what our management team is doing to ensure that those hurdles are cleared. It's about time an investor conference call was set up by our management team to explain challenges and answer the questions of the company owers/investors. If this solution is not palatable by our management, at least set up an investor question and answer section on the medipattern web page for all to see.
Comment by
segltech on Oct 11, 2012 10:18pm
Yes and we are now only averaging approximately 400 scans a month even though the CEO indicated this business would be cash positive ( I believe he said within a year when he was on TV earlier.They are now looking for Smartcoach to get them sales volume through Target stores. I hope it works as I too invested here on what seemed to be a good management team and fasr growth scanning income.
Comment by
zeee on Oct 17, 2012 12:46am
you guys sound paranoid, this company has no competition, this is a huge homerun in the making, it will take time...
Comment by
requiemeterna on Oct 17, 2012 8:30pm
One of the better company on the venture............no problem here just time and BBBBBBBBBBBANG.