PEB - Pacific Edge Ltd

[Xerof]

Chairman Chris Swann, said: “On behalf of the Board, I would like to thank Colin for the significant contribution he has made in bringing the Company to the point where it is today with its first cancer diagnostic system, Cxbladder, acclaimed by clinicians in the United States and other markets as leading technology in the accurate diagnosis of bladder cancer.
“Pacific Edge is now successfully commercialising the Cxbladder technology in the world’s largest health market, the US, and looking to further developments of the Cxbladder system. In line with this, the Board has identified a number of commercialisation skills and capabilities that would be of value to the Company. We are in discussions with several candidates and we hope to make an announcement on appointment of new directors in the near future.”

Note to PEB

Would our chairman put some numbers on a slide at the AGM to enable shareholders to gain some insight into the degree of acclamation and level of success please?

[klid]

"“Pacific Edge is now successfully commercialising the Cxbladder technology in the world’s largest health market, the US."

How can they say that? Far out. What defines success? I suppose we should see the price rocket up right now. Or are they just saying stuff for the hell of it. I am really starting to wonder. Don't know about voting to reelect Swan as a director... maybe they need a bit of a kick? Maybe not, just mentioning it.

[Balance]

"“Pacific Edge is now successfully commercialising the Cxbladder technology in the world’s largest health market, the US."

How can they say that? Far out. What defines success? I suppose we should see the price rocket up right now. Or are they just saying stuff for the hell of it. I am really starting to wonder. Don't know about voting to reelect Swan as a director... maybe they need a bit of a kick? Maybe not, just mentioning it.

Tens of thousands of tests in 2014 - Mr Chris Swann better have a good answer to his assertion, especially since he sold shares after making that comment.

[Xerof]

Tens of thousands of tests in 2014 - Mr Chris Swann better have a good answer to his assertion, especially since he sold shares after making that comment.

hence my earlier request

i am looking for a pleasant surprise tbh, but would like be able to get a clearer read on how to interpret his wording

[MAC]

Despite a few on this thread having previously held unrealistic expectations for high sales levels, before sales staff were even hired and trained, and user programmes actually rolled over.

If as I understand they now have circa 12 sales staff on board and are ramping up to 20 in the near term then we may well see a little traction up to the end of the September HY reporting period and preliminary in November. Sales staff at the end of the last reporting period was around 4 if I recall correctly, sales managers and strategic sales folk probably at that time.

I’m not expecting a sales update at the AGM, other companies don’t provide YTD figures, why should PEB.

Good to see some further international exp coming into the organisation especially PEDusa.

[benjitara]

"“Pacific Edge is now successfully commercialising the Cxbladder technology in the world’s largest health market, the US."

How can they say that? Far out. What defines success? I suppose we should see the price rocket up right now. Or are they just saying stuff for the hell of it. I am really starting to wonder. Don't know about voting to reelect Swan as a director... maybe they need a bit of a kick? Maybe not, just mentioning it.

They didn't say successfully selling cxbladder, commercialisation is simply getting the product to market, they have done that.

[skid]

So williams and Nogales were around long before the last sales figures announcement.
Im sure both the 69cent goonies and the 1.75 goonies are hoping they have made some headway.

[skid]

There are also investors who were put off when the company came through with dismal sales results (like you when you first saw them)Now Im not going to go so far as to call you a goonie(that would be bad taste)but I would venture to say that some of those who have taken a hit on those results,have every reason to be cautious.
They didnt have the luxury of having bought in at the beginning when it was cheap(although your patience and research on the product is commendable) But do you may not know much about the marketing side of things.
I stand by my opinion of the importance of a joint venture--I believe ,if and when the champagne corks are popped-that will be a big part of the reason.
Ive never doubted that CX is a great product--but even great products dont sell themselves.
You have alot of skin in the game,and you can ignore it if you like,but perhaps others who are starting from scratch should give it some consideration.-(with all due respect)

[MAC]

There are investors in Pacific Edge who have real confidence that the company is on track to complete the commercialisation of its stated vision from the prospectus of 2002; and, I'm one of those investors. I have been invested and followed the company since the IPO.

There are investors who have been put off the company; or, investors who have their confidence tested by personality types (the goonies) akin to crude, loud mouthed drunken bloody yobbos at a party gobbing off a constant bombardment of megalomaniacal, paranoiac, half-arsed bulls#!t. Ignore them, their opinions are not worth a knob of goat s#!t - for example, won't make it without an American joint venture partner crap etc. etc.

Ha, yep, classic, perhaps a day in a goonies life must go something like this;

Tailgate, run reds, cut in front on the way to work, stab a colleague in the back, log into sharetrader and crap on peoples hard earned investments, initiate some life destroying office gossip, log into sharetrader and attempt to scare some newbies, home time, kick the cat, whip the kids, beat the wife and sleep soundly knowing a successful day as a goonie has been had.

[blackcap]

Ha, yep, classic, perhaps a day in a goonies life must go something like this;

log into sharetrader and attempt to scare some newbies, .

Or attempt to save newbies some hard earned capital maybe