May. 27 at 4:45 PM
$LUCD &
$PAVM @PortfolioMgmt23Mg and @oaksapollo are fellow disciples of the PUMP. LUCD loses
$50M+ per year and is broke AGAIN in January of 2027.
Currently after a year of INTENSE FOCUS to increase the number of CMS qualified EsoGuard tests done according to Lishan the CEO and Dennis the CFO they are doing the SAME as before that INTENSE FOCUS. So 1000 CMS QUALIFIED tests in the 1st half of 2025, and 1000 CMS QUALIFIED tests in the 2nd half of 2025, and guess what LUCD did LESS than 500 CMS QUALIFIED tests in Q1 2026. To be fair the drop is expected as its the first Qtr and deuctible issues etc play a part.
They KEY takeaway is that after a year of INTENSE FOCUS, NOTHING HAS CHANGED. NOTHING
So surely you should model LUCD as capable of doing 500 tests a quarter which is
$1M a Quarter or
$4MA year, add in mass testing events for another
$6M for
$10M and you have cut your losses which MUST BE FUNDED to
$42M a year. Does that make you happy?