PEB - Pacific Edge Ltd

[Balance]

Could be wrong but there may well be another reason for the User Programs. This may be the only way they can get sufficient numbers, lets say 10000, in order to get CMS approval, hence the delay in signing. The KP User Program of 2000 may put them in a good position to get that CMS agreement. It has been a long time coming as it was originally thought that Aug 2014 should have it done and dusted.
Maybe the goalposts keep getting shifted, not PEB's fault.

You could be right, Minderbarejet. Be good then for PEB to advise shareholders and the market because there appears to be some out there who are eagerly waiting for the 'big' announcement? If it is true, could be a while yet before CMS approval is forthcoming. Of greater concern to me is the lack of updates on how many the tens of millions of clients of the 3 US national providers signed up in 2013 are using CxBladder.

[psychic]

Thanks for your concern, twotic. I do my own research before I invest in any company. As the great Warren Buffett once said however, the best source of information to start analyzing a company is from the company - its annual reports, its announcements, presentations, publications etc. After that, it is a matter of collaborating the company's information with outside sources and testing the company's forecasts and expectations against actual results. Which is why I am asking the questions now about why the continuous user programs when PEB stated way back in 2013 that they were expecting commercial success based on their user programs to date then and waiting to see if the directors and management have participated in the capital raising they were happy to recommend to shareholders. Some good discussions so far and I have received an email from a prospective investor thanking me for highlighting the issue about the directors putting their money where their mouths are. He would have bought in otherwise but like me, prefers to wait now.

Okay, so you understand the bit about ongoing User programs now then? Or do you maintain that the User programs completed to date are sufficient to change clinical practice and everyone should just get on with it?

I am not privy to the Directors personal financial situation so can't offer an opinion as to whether they should have tipped more in or not. I didn't, yet that does not mean I do not see value here.

[psychic]

You could be right, Minderbarejet. Be good then for PEB to advise shareholders and the market because there appears to be some out there who are eagerly waiting for the 'big' announcement? If it is true, could be a while yet before CMS approval is forthcoming. Of greater concern to me is the lack of updates on how many the tens of millions of clients of the 3 US national providers signed up in 2013 are using CxBladder.

Just note that the three you talk of facilitate payment only. They are not Healthcare Providers nor Insurers, right?

[Carpenterjoe]

Absolutely! Countries around the world do not have to have their own user programs to test the effectiveness of Viagra - it works in the US and it is GO right around the world! That's why PEB stated early in the piece that they targeted the US as it is not only the biggest market but also, is a lead market for medical break-throughs to flow to the rest of the world.

Sorry Mate,

I give up, comparing a range of BC diagnostics tests with a erectile disfunctional treatment. Kinda like comparing a Window to Carpet both products are used with in the same industry therefore both should sell the same! Good luck with your investing I'm happy with this bottom draw investment.

I'll admit I'm a little disappointed our products are not been sold in UK yet, but I suppose one hurdle at a time.

[Minerbarejet]

Worthwhile examining the timeline on the $100 million figure : Oct' 2012 - "Pacific Edge is forecasting more than $100m of gross revenues from its US operations in the five years after the new Hershey, Pennsylvania base starts processing in March". So from March 2013 right? We are knocking on August 2015 so it has been nearly 2.5 years. http://www.stuff.co.nz/business/indu...-lab-completed

In August of 2014 PEB updated their guidelines regarding the 100 million.
It was stated they were looking at achieving 100 million in gross revenue after five full years of trading.
As the trading did not start until the company was open for business, july 2013, and the first full year was from apr 2014 to mar 2015 then I can only conclude that we have completed only one of the five full years of trading.
100 million is nothing but an educated guess given prevailing conditions at the time. If these conditions change for whatever reason and particularly the ones out of their control, PEB are quite entitled to restate their goals. Interesting that they still continue to reiterate that guideline though given all the hoohah but they could be a little more forthcoming on delays that occur and why.

[twotic]

Thanks for your concern, twotic. I do my own research before I invest in any company. As the great Warren Buffett once said however, the best source of information to start analyzing a company is from the company - its annual reports, its announcements, presentations, publications etc. After that, it is a matter of collaborating the company's information with outside sources and testing the company's forecasts and expectations against actual results. Which is why I am asking the questions now about why the continuous user programs when PEB stated way back in 2013 that they were expecting commercial success based on their user programs to date then and waiting to see if the directors and management have participated in the capital raising they were happy to recommend to shareholders. Some good discussions so far and I have received an email from a prospective investor thanking me for highlighting the issue about the directors putting their money where their mouths are. He would have bought in otherwise but like me, prefers to wait now.

OK. It just seems you are commenting and making statements on things you don't appear to know much about. In turn, it is slightly worrying that you appear to have little interest in digging a little deeper and finding out more before you comment further. Call me cynical but I am a little skeptical therefore of your intentions.

With all that said, I genuinely wish you the best of luck with your own investments.

[Balance]

100 million is nothing but an educated guess given prevailing conditions at the time. If these conditions change for whatever reason and particularly the ones out of their control, PEB are quite entitled to restate their goals. Interesting that they still continue to reiterate that guideline though given all the hoohah but they could be a little more forthcoming on delays that occur and why.

Agree with you there, Mbj. Credibility is critical and I think PEB's sp reflects concerns about their lack of forthrightness about why they are falling behind their stated commercialization objectives in the last little while.

[Balance]

OK. It just seems you are commenting and making statements on things you don't appear to know much about. In turn, it is slightly worrying that you appear to have little interest in digging a little deeper and finding out more before you comment further. Call me cynical but I am a little skeptical therefore of your intentions.

With all that said, I genuinely wish you the best of luck with your own investments.

Rather harsh, Twotic. Surely the forum here is for those of us who have questions to ask, and for those with answers to help. So far, the answers have all been guesses - nothing solid in my view. Don't like to invest with the blind leading the blind or worse still, the one eyed leading the blind! Have a look at Scales - the company makes forecasts, keeps the market abreast of how they are going and how they track against forecasts and more crucially, why. Plus management invests and buys shares at higher than IPO price. Been a winner for those of us who chose to ignore the negative sentiments. Would love to see directors and management do the same in PEB so let's see, ok?

[kiwidollabill]

Regarding the 100M target, has anyone ever questioned how this came about? Was it a "we estimate the accessable market is X, our penetration will be Y (based on factors 1, 2, 3) and based on similar companies and known hurdles this should take 5 years" or was it "this number looks impressive, investors will like it, lets go with that" *pats on back all round*.

[Crackity]

Regarding the 100M target, has anyone ever questioned how this came about? Was it a "we estimate the accessable market is X, our penetration will be Y (based on factors 1, 2, 3) and based on similar companies and known hurdles this should take 5 years" or was it "this number looks impressive, investors will like it, lets go with that" *pats on back all round*.

Mr Bill you should have asked them personally when you had the chance.

Plenty of meetings/site visits. Nice guys, smart too, but because they don't have the required experience they are having to figure it out as they go along. Makes timelines drag on.... sound...