Is that 40,000 shares or $40K worth of shares--If your going to build on that ,just be careful. Putting to many eggs in ANY basket,esp spec shares can be dangerous--(theres a reason why many keep their % of spec shares smallish.)
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40,000 shares... I got many of them below 48 cents. Yep,, I don't doubt the risk. I do also have holdings in 10-12 established companies (like your MFT's and your FPH's etc.) and some listed property ones such as GMT, KPG etc.).. small holdings in each. so a bit of risk mitigation going on.
http://www.chicagonow.com/cancer-is-...-about-cancer/
Its a pitty some urologists are taking the piss on cxbladder costs.
i think it's more the governor at fault and the funding issue. You don't know what else he had with it etc. Just a patient venting. Post an invoice then it would be believable . He's not bleating that hard, so guess those tests came back negative. He's beating on about scanxiety NOT rod up his johnson so I figure he paid the $3k anyway. No issues here.
Actually it's kind of good to know someone is using it
Urologist complaining that CxBladder is bad? or Patient mentioning how bureaucracy is getting in the way again? (or at least this is how I interpret it, with his insurer refusing to pay some costs... so far)
Comment on CX Bladder:
"This type of urinalysis offers great potential to those of us who face lifetime surveillance... we may be able to have a urine test instead of cystoscopies."
- If a random person can out of the blue say this (or at least I don't think this person is paid by PEB), this is very, very exciting...
(and CX Bladder is just 1 of 4 world leading products PEB produces... :t_up:)
Just to confuse everyone completely.
I think Carpenterjoe was referring to a possibility of a urologist overcharging for cxbladder tests.
On reading the link it would seem to be a somewhat self focussed female blogger with a lot to say.
There was a random person years ago suddenly sprang up in Wichita, Kansas:scared: claiming cxbladder was the greatest thing he had come across---- think it was on the BCAN site.
Word is definitely getting around.
Of course he could have moved to Chicago -----changed gender and set up a blogsite.:)
All hearsay till we see an invoice. Maybe peb are charging hard to any electives to recoup costs faster...maybe we only know the au-nz pricing...let's leave the blog in the place where it belongs...and sit quietly until the next news release.
A Russian friend told me a real gem.... if you don't touch dogs*t ....it won't stink.
So applicable to sooo many situations
If you ignore feedback from your customers, you're an idiot. Unfortunately in this case our end users "customers" are suffering cancer and loads of stress.
I dont want our customers getting stressed over money whilst they fight for their life. The point of our technology is to help people live, not drive them broke.
It concerns me some insurers are not covering cxbladder. Im sure this will improve with time and when the FDA settle their current issues in this feild. But i can understand an insurer holding off paying 3k for a test that costs $100.
The other thing to consider if urologist's start using the Cxbladder range instead of cytos, they will need to charge a margin to cover their overheads. I have no idea what it costs to run a urology practice. Shareholders will need to ask themselves are we comfortable with urologists putting a 100%-1000% markup on the Cxbladder range. My industry (residential building) operates on 10%-30%.
If my memory serves be correctly, and occasionally it does, then the following figures were bandied about several years ago.
The CxBladder kits which are/were manufactured for PEB by a company in Europe and cost PEB about $100 (US or NZ?) each.
The intended selling price by PEB of CxBladder in the USA was US$550 and upwards.
Those of you in NZ who meet the requirements can buy a test for NZ$368.
Best Wishes
Paper Tiger