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RSLS =MC $2.5 M Cash $7.7M / O/S 353 K most of these shares owned by Armistice who still continue buying more current Float is only 100 Kshares . this SUPER EXTREME low float is close to profitability . Lap band to treat Obesity is marketed international. This unknown gem is a potential $100 stock trading at laughable $6 .A MONSTER Opp here guys
ReShape Lifesciences, Inc. is a developer of minimally invasive medical devices to treat obesity and metabolic diseases. Our current portfolio includes the LAP-BAND® Adjustable Gastric Banding System and the ReShape VestTM*, an investigational device, to help treat more patients with obesity.
Reshape Lifescience (RSLS)
Market Cap: $2.5 M
Cash: $7.7 M
Shares Out: 353 K -- Armistice alone holding over 200K Shares
Revenue expected to be around $15 million --Product Lap band aquired december 2018 -- lap Band was owned by Allergan at its Peak the product hit almost $300 Million
MASSIVE insider buying
•Acquired in December 2018
•Global regulatory approval
•Only obesity device reimbursed in U.S.
•High-margin product, maintained ASP
•Focus commercial organization on strategic markets for LAP-BAND® •Drive revenue utilizing new long-term clinical data and patient marketing
•Achieve revenues and profits to meet criteria for NASDAQ listing
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