PEB - Pacific Edge Ltd

[winner69]

Poor DD has been issued with a carefully built device (from the University of Otago) which delivers electric shocks to his bodily person whenever he writes or utters his favorite word from last year.

The device has been successfully tested via a user program on Chris Swann.

So David not allowed to 'excited' anymore?

[winner69]

The days are long but the decades are short

[Balance]

So David not allowed to 'excited' anymore?

Haha - they observed that every time he uttered that word, the sp dropped!

They are doing another one for Chris Swann so that he does not utter the immortal words 'tens of thousands' anymore too.

BTW - you notice that they achieved targeted sales in the US in the announcement today?

"Achieved targeted sales force size in the US with 18 specialist sales executives covering 19 targeted major metropolitan regions"

[winner69]

Haha - they observed that every time he uttered that word, the sp dropped!

They are doing another one for Chris Swann so that he does not utter the immortal words 'tens of thousands' anymore too.

BTW - you notice that they achieved targeted sales in the US in the announcement today?

"Achieved targeted sales force size in the US with 18 specialist sales executives covering 19 targeted major metropolitan regions"

One exec must be busy - 2 targeted regions to look after

[winner69]

Haha - they observed that every time he uttered that word, the sp dropped!

"

I recall David was once excited with the 'successful commercialisation' of Arborgen

[skid]

who needs the new report when we can just look at this one

From 2014


http://www.pacificedgedx.com/news-an...ith-multiplan/


Heres the good part (2014)


“In addition we are advancing relationships with large commercial payers and the Centre for Medicare and Medicaid Services (CMS), which provides healthcare insurance for 100 million people or nearly a third of the American population. Progress is being made with key customer segments including Integrated Healthcare Systems, the Veterans Administration (VA), and Large Urology Groups (LUGS), who are the point of contact for many patients presenting with haematuria (blood in the urine) which is an early indicator of possible bladder cancer.”

But of course the most interesting thing about the new report is the name he didnt mention...the name everyones been waiting for in regards to PEB and user tests.

[nextbigthing]

Pleasingly, we are well down the track and hope to have
approvals in the near future


For the Veteran's Administration, we are nearing completion of the process
for registration

That's certainly positive. I still think once they get one big user group onboard it will become easier and easier to sign up more. Hopefully this pans out for them.

[trader_jackson]

the report ticks all the boxes, and they aren't going to provide an update on tests processed every 5 minutes... (or 3 months)... they haven't completed key avenues for sales yet, would be like trying to sell fruit without any physical presence to sell fruit (ie a retail shop or warehouse)... and then expecting the fruit shop to announce record/huge numbers of sales... but this is the illogical logic of sharetrader members... (although PEB may not have helped being clearly a bit to optimistic a few years ago)

The cash burn, of which they have plenty, continues, as it does with any growth company... the 1200% increase in sales is certainly possible (once the appropriate avenues are open), as long as income is increasing more than expenses, I believe, as it has been pointed out several times before, PEB would be cash flow positive in a few years, no more capital would be raised and profitable by 2020 or so.

Anyway, patience is a virtue some don't have, nor understand
As I said about half a year ago, give it 2 years then lets go over things with a ruler

[Balance]

the report ticks all the boxes, and they aren't going to provide an update on tests processed every 5 minutes... (or 3 months)... they haven't completed key avenues for sales yet, would be like trying to sell fruit without any physical presence to sell fruit (ie a retail shop or warehouse)... and then expecting the fruit shop to announce record/huge numbers of sales... but this is the illogical logic of sharetrader members... (although PEB may not have helped being clearly a bit to optimistic a few years ago)

Ticks all the boxes indeed - especially for the underwriters choking on their shares and knowing that at this rate, they are going to think seriously about cutting their losses or throw in good money after bad soon enough>

As for key avenue for sales, you mean PEB has been lying to investors, shareholders and the market for the last 3 years?

One sentence : "tens of thousands of tests"!

[Carpenterjoe]

I know most think I am wasting my time tracking royalty payments, but someone might be interested and its the only way I have found to monitor test amounts. Again, I know it will always be out of date. but oh well.


Cellmid received payment of $61660 in six months ending Dec 15. minimum tests for period $61660/$9.9 = 6228
Previous payments of 50K and 18K from memory.