PEB - Pacific Edge Ltd

[Balance]

Yes, we all understand that, now.
But why did that clown DD tell us it was as easy as 1?
As an expert at commercialising science he's been paid megabucks to live the high life on expenses in the US while achieving not much, all the time telling us a pack of lies about his success.

I think describing DD as a clown is doing a dis-service to the clown profession? After all, clowns actually are professionals tasked to make us all have a good laugh.

DD & PEB have made their shareholders weep and the market cry!

Nincompoop or ignoramus would be more appropriate terms to describe how pathetic their bumbling efforts at commercializing have been.

[TideMan]

I think describing DD as a clown is doing a dis-service to the clown profession? After all, clowns actually are professionals tasked to make us all have a good laugh.

Maybe I'm coulrophobic? Never thought of it before.
Anyway I agree nincompoop is more appropriate.

[Ggcc]

I think describing DD as a clown is doing a dis-service to the clown profession? After all, clowns actually are professionals tasked to make us all have a good laugh.

DD & PEB have made their shareholders weep and the market cry!

Nincompoop or ignoramus would be more appropriate terms to describe how pathetic their bumbling efforts at commercializing have been.

DD did pull the wool over my eyes for years, but I am thankful to have pulled out of this share for now. I believe in the product just not the management trying to sell it. DD is completely out of his depth in his role and has been for years. Maybe there is no one else wanting to sail this ship into the iceberg........

[TideMan]

I invested back in 2013 because I believed in the product and the good it would do.
I still believe that and I've held the shares for that reason.
Imagine what the scientists must feel.
They relied on these super suits to take their baby to market, and accepted that DD and his ilk must be paid 5 or so times what they get paid to do the job.
Now, we find that the super suits had no idea what they were doing and they've run the company into the ground.
If I were one of those scientists, I'd be more than a little pissed-off, as I am as an investor.
It's great science, let down by nincompoops.

[kiora]

Good investment lesson isn't it?
"I invested back in 2013 because I believed in the product and the good it would do."
I never gambled with this share but have learnt the same lesson elsewhere

[Minerbarejet]

Can you imagine any investors providing the necessary funding for development of any company if the CEO went around saying "we aren't sure if it is going to work"

There is no precedent for this innovative technology getting established. Now with the NCCN inclusion just released one of the barriers has been removed.

Might also point out that most of the blah blah has been about CMS relating to 40% of the US population and I have the feeling that they make up rules to suit themselves.

So while everyone is throwing DD under the bus lets not forget the 60% outside of the CMS who, it would appear, now have verified and approved access to cxBladder.

IMHO, I suspect that this lack of guideline approval has been responsible for slow uptakes in the VA, Tricare and other major organisations.
They would be doing everything by the book.
Now, allegedly, cxBladder is in the guide book as a consideration for use on bladder cancer.

It appears that a tremendous amount of work has been carried out in the background in order to get approvals from the right quarters and that work is about to pay off.

[Balance]

Can you imagine any investors providing the necessary funding for development of any company if the CEO went around saying "we aren't sure if it is going to work"

You are endorsing and encouraging unethical, misleading and underhanded behaviour by

directors and management of companies?

Sounding very much like the infamous Forsyth Barr's Credit Sails capital raising pitch - "Catch flies with honey, not vinegar'

Says a lot about PEB with its sales and marketing staff (including its CEO & US CEO) accounting for the bulk of expenses, year after year - for delivering bugger all.

[Minerbarejet]

Hardly.

Every company has disclaimers that cover forward looking statements issued by the company itself.

This does not extend to hearsay statements issued on their behalf by newspapers and the ramblings of confused punters on other media.

I'm sure they are dreadfully sorry they have been unable to deliver to timelines as established by others not even related to or participating in the work involved.

[Balance]

Hardly.

Every company has disclaimers that cover forward looking statements issued by the company itself.

This does not extend to hearsay statements issued on their behalf by newspapers and the ramblings of confused punters on other media.

I'm sure they are dreadfully sorry they have been unable to deliver to timelines as established by others not even related to or participating in the work involved.

Several tens of thousands of tests in 2014 and $100m revenue in 5 years - covered extensively by the media and played up by the company - FACT.

Sale of shares by Chairman & CEO after said comments & statements - FACT.

[Minerbarejet]

100 million a year in 5 years was a goal. Forward looking statement. FACT

"Several tens of thousands of tests" HEARSAY (courtesy of ODT)

Sale of shares by CEO when there was unexpected surge in SP due to market reaction to a couple of early signings.
Unexpected as they were in the process of a rights issue at 55 cents and a SP up over a dollar. FACT

Sale of shares by Chairman.
Personal and nothing to do with anyone else.