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Predictive Technology Group Names Industry Veteran Dr. Douglas Rabin Vice President of Medical Affairs, Women’s Health of Predictive Laboratories

Appointment expands Predictive Laboratories’ management team to support goal of bringing innovative molecular diagnostics to market

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June 04, 2019 09:00 ET | Source: Predictive Technology Group, Inc.


SALT LAKE CITY, June 04, 2019 (GLOBE NEWSWIRE) -- Predictive Technology Group, Inc. (OTC PINK: PRED), a leader in the use of data analytics for disease identification and subsequent therapeutic intervention through precision therapeutic treatments, announces that Douglas S. Rabin, MD, has joined Predictive Laboratories as Vice President of Medical Affairs, Women’s Health. In this newly created position, he will provide critical medical affairs support for the women's health clinical franchise. Dr. Rabin has more than 25 years of experience in women's healthcare, including both clinical reproductive endocrinology, and obstetrics and gynecology.
Dr. Rabin previously served as Medical Director for Women’s Health at Quest Diagnostics, where he successfully completed a seminal paper in cervical cancer screening, initiated a trial in BRCA population testing and helped launch Quest’s non-invasive prenatal and Jewish genetic diagnostics. He also was instrumental in the expansion of the women’s health franchise at Quest through the acquisition of Reprosource, Inc. He previously was a National Health Service Corps (NHSC) physician, and a National Scholarship Awardee at the National Institutes of Health (NIH) and its gynecological consultant, as well as a consultant to multiple Big Four accounting firms. His clinical credentials include management of a successful in vitro fertilization (IVF) practice for more than 10 years and as a full-time obstetrician and gynecologist. In addition, Dr. Rabin served as the medical director for a pharmaceutical company addressing women's health issues.
Dr. Rabin earned a bachelor's degree in economics from Harvard College and a medical degree from the Temple University School of Medicine. He completed his Ob/Gyn training at the Hospital of the University of Pennsylvania and spent eight years at the NIH after completing a fellowship in endocrinology and infertility at Mt Sinai School of Medicine.
Dr. Rabin said, “I am extremely excited to join Predictive Technology Group. I view our diagnostics to identify patients with endometriosis as novel predictive approaches in managing fertility, pelvic pain and improving women’s lives.”
“We welcome Dr. Rabin to the Predictive team to support our goal of commercializing our innovative, genetic-based diagnostics that are initially focus on human infertility and women’s health,” said Bradley Robinson, CEO of Predictive Technology Group. “Dr. Rabin is highly accomplished in launching pharmaceutical and diagnostic products at Fortune 500 companies. His experience and commitment to delivering improved, more comprehensive healthcare to patients will be of tremendous assistance in supporting our mission of employing advanced molecular diagnostics to prevent or eliminate disease for generations to come.”
About Predictive Laboratories, Inc.
Predictive Laboratories owns significant next-generation sequencing and genotyping assets along with extensive protocols, quality and laboratory management systems and other resources required by a “high complexity” molecular diagnostic laboratory operating under the Clinical Laboratory Improvement Act (CLIA). Its novel test for women experiencing infertility, ARTGuide™, was launched in late 2018 to selected Beta launch centers. ARTGuide™ is a proprietary gene test panel for women experiencing infertility as a result of endometriosis and other health concerns. The test is expected to change the way that Advanced Reproductive Technologies (ART), such as IVF, are used to assist couples having difficulty conceiving a pregnancy.
About Predictive Technology Group, Inc.
Predictive Technology Group aims to revolutionize patient care through predictive data analytics, novel gene-based diagnostics and companion therapeutics through its subsidiaries Predictive Therapeutics, Predictive Biotech, Predictive Diagnostics and Predictive Laboratories. These subsidiaries are focused on endometriosis, scoliosis, degenerative disc disease and human cell and tissue products. The subsidiaries use genetic and other information as cornerstones in the development of new diagnostics that assess a person’s risk of illness and therapeutic products designed to identify, prevent and treat diseases more effectively. Additional information is available at Predtechgroup.com; Predrx.com and Predictivebiotech.com.
Forward-Looking Statements
To the extent any statements made in this release contain information that is not historical, these statements are essentially forward-looking and are subject to risks and uncertainties, including the difficulty of predicting FDA approvals, acceptance and demand for human cell and tissue products and other pharmaceutical products, the impact of competitive products and pricing, new product development and launch, reliance on key strategic alliances, availability of raw materials, availability of additional intellectual property rights, availability of future financing sources, the regulatory environment, and other risks the Company may identify from time to time in the future.
Contact:
Investors
LHA Investor Relations
Jody Cain jcain@lhai.com
Kevin Mc Cabe kmccabe@lhai.com
310-691-7100

 

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Actually, maybe I will sell some here and hope to scoop up some at $3 or a little under. This one should see $5+ within a month, so this current decline doesn’t bother me in the least bit...

Took it 2 weeks...lol Ready, BOOM!

Those extra few thousand I picked up avg $3.28 are already sitting pretty just as expected...
 

Everybody Got Dey Cups But Dey Ain't Chipped In...
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Took it 2 weeks...lol Ready, BOOM!

Those extra few thousand I picked up avg $3.28 are already sitting pretty just as expected...

Well played, that's about where I first got in as well.
 

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PRED ~ As you know we recommended PRED back in April 2019 @ 2.13 since that time the share price has exploded to the upside. The up-listing of the companies shares to the NASDAQ most likely will happen during the week of June 10th-17th 2019. Once this happens the floodgate of news pressers will saturate the business media channels. Earlier this week we sent out subscribers an alert telling them not to sell their shares. Since that time PRED shares have appreciated another $1.00! We believe that investor's should not be fooled or shaken out because the party is about to begin. Via the grapevine (we believe dependable info) the listing will happen. Major news announcements concerning partnerships/joint venture will be released propelling shares much higher. Brokerage firm introductions will be made with recommendations. Since shares will trade on NASDAQ every Institution, hedge fund, Index and Mutual Fund will have access to purchase shares. A major Stem Cell conference is happening June 23rd which will also expose the work that they are doing within the field.
Their Endo product is nearing nationwide and most likely international sales. Yours truly william Velmer editor ( since 1984) http://www.saadvisory.com If is our belief that next week we could sell shares approaching $7-$10/sh. It all sounds to good to be true, but Unicorns do exist. PRED~ strong buy recommendation continues. Do not sell! It is like getting off the train and it then leaves you at the station. Read our complete recommedations via http://www.saadvisory.com April 22nd and April 29th 2019
 

Everybody Got Dey Cups But Dey Ain't Chipped In...
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PRED ~ As you know we recommended PRED back in April 2019 @ 2.13 since that time the share price has exploded to the upside. The up-listing of the companies shares to the NASDAQ most likely will happen during the week of June 10th-17th 2019. Once this happens the floodgate of news pressers will saturate the business media channels. Earlier this week we sent out subscribers an alert telling them not to sell their shares. Since that time PRED shares have appreciated another $1.00! We believe that investor's should not be fooled or shaken out because the party is about to begin. Via the grapevine (we believe dependable info) the listing will happen. Major news announcements concerning partnerships/joint venture will be released propelling shares much higher. Brokerage firm introductions will be made with recommendations. Since shares will trade on NASDAQ every Institution, hedge fund, Index and Mutual Fund will have access to purchase shares. A major Stem Cell conference is happening June 23rd which will also expose the work that they are doing within the field.
Their Endo product is nearing nationwide and most likely international sales. Yours truly william Velmer editor ( since 1984) http://www.saadvisory.com If is our belief that next week we could sell shares approaching $7-$10/sh. It all sounds to good to be true, but Unicorns do exist. PRED~ strong buy recommendation continues. Do not sell! It is like getting off the train and it then leaves you at the station. Read our complete recommedations via http://www.saadvisory.com April 22nd and April 29th 2019

Thanks for sharing, Bruce. I added this AM at the open after closing a quick trade and boy am I glad I did. What a run today!
 

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lets hope hes right


DAMS Consulting (@DAMSConsulting)
6/8/19, 9:52 AM
$PRED I have the data on naked shorts in this name From ⁦‪@buyinsnet‬⁩ Total naked short is 36,000,000M on Total vol of 83M AVG PRICE of short is $1.97(dead) They have sold about $71M worth of Counterfeit shares
LONGS you have a RAT trapped Big time (FACTS) follow him does good work
 

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Let’s F’n Roll! Added 1k more @ $5.60 on Friday. I’m all tapped out now and ready to ride...
 

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Nice call Bruce....O/T but how quick you think it takes fed to get back to 0? End 2020?
 

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I made really nice returns with GDEN and ERI on Bruce’s recommendations. I have been watching PRED ascend, but all along I kept thinking I didn’t buy it at $1.12, why should I buy it at $1.77; I didn’t buy it at $3.60, why should I buy it at $4.20... etc., etc. May I humbly ask the question if PRED is still a good buy?
 

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I made really nice returns with GDEN and ERI on Bruce’s recommendations. I have been watching PRED ascend, but all along I kept thinking I didn’t buy it at $1.12, why should I buy it at $1.77; I didn’t buy it at $3.60, why should I buy it at $4.20... etc., etc. May I humbly ask the question if PRED is still a good buy?

The title of this thread should give you all the information you need to answer that question

This stock hasn't started yet . You need to realize how many people CANT buy until its on NASDQ, and how much information will come out once they uplist

My opinion is I think if you dont buy this stock, you may regret it for the rest of your life

One year ago my target was 10, and I still feel very good about that one, so could I be right about my long term target?
 

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ByJim BloomPosted on June 10, 2019 SHARE TWEET SHARE EMAIL COMMENTS
Predictive Technology Group Inc (OTCMKTS: PRED) is flying higher after reporting a tenth consecutive quarter of revenue growth. The Company achieving significant progress in the building of a strong infrastructure for supporting development and commercialization of genetic-based diagnostics also continues to excite investors, consequently fuelling the upswing.


Predictive Technology Group Price Analysis


A 200% plus spike since the start of the year affirms renewed investor interest after the underperformance of the past year. The spike has since catapulted the stock to all-time highs with the upward momentum showing no signs of slowing down.


Pullbacks have so far presented entry positions from where bulls have come in and continued to push the stock up. As it stands, support on pullbacks, from current highs, is seen at the $3.20 level from where the stock commenced the current leg higher.




PRED Daily Chart


Above the critical support level, Predictive Technology Group remains supported for further upside action on minor corrections. Conversely, a breach of the support level could elicit some pressure, downwards, which could result in the stock plunging back to the $2 level, the next substantial support level.


In our view, Predictive Technology Group is likely to continue climbing the ladder as the upward momentum continues to gather pace.


What Does Predictive Technology Group Do?


Predictive Technology Group is engaged in the development and commercialization of discoveries and technologies for novel molecular diagnostics and pharmaceutical therapeutic human cells. The Company offers ARTguide, a genetic diagnostic and prognostic test for women struggling with endometriosis.






Revenue Growth Milestone


Predictive Technology Group strong price performance in recent weeks is in response to investor’s reaction to an impressive earnings report that signifies underlying growth. The company reporting revenues of $11.3 million, representing a 167% increase marked the tenth consecutive quarter, of sequential revenue growth.


Revenue for the nine months ended March 31, 2019, were up 217%, exceeding the $30 million mark. The company has since seen its cash flow from operations exceed the $ 3.1 million as the race for shareholder value continues to gather pace.


Predictive Technology Group has also achieved a significant milestone that positions it for accelerated growth going forward. For starters, the Company is currently operating from a state of the art production laboratory and R&D facility.


“We also finalized the integration of Taueret Laboratories and Inception Dax into Predictive Laboratories, providing us with a CAP/CLIA-accredited laboratory for processing our genetic-based tests. We strengthened our Board with the appointment of independent directors with exceptional industry, public affairs, financial and governance experience,” stated CEO Bradley Robinson.


Clinical Studies Progress


The future looks bright for Predictive Technology Group after yet another stellar performance in the third quarter. Clinical studies are progressing well, pointing to what could end up being a record year on revenue generation as well as operational efficiency.


The Company has already reached an enrollment milestone of 200 participants as part of an ongoing Institutional Review Board of the spine and joint disease, leading to chronic pain. The primary objective of the study is to conduct genetic research on the diagnosis, treatment, and prevention of conditions causing chronic pain.


In addition, the Company has signed a letter of intent with IQVIA through its wholly owned subsidiary Predictive Biotech as it seeks to commence clinical trials for Osteoarthritis of the knee. The two are joining forces to accelerate the process of identifying and executing appropriate regulatory pathways for existing products and future product candidates.


“This OA of the knee study is the first of several trials that Predictive Biotech intends to conduct for our cellular therapy injectable products. We are excited to leverage IQVIA’s expertise as we expand our focus from human cell and tissue products (HCT/Ps) into the biopharmaceutical market,” said Predictive Biotech CEO Eric Olson.


Bottom Line


Predictive Technology Group has risen an impressive 200% in 2019 in what is turning out to be a break out year. The spike comes on investors taking note of the company’s revenue run rate as well as the progress made on the development of precision therapeutic treatments targeting various conditions.


A spike in share price has left the Company well positioned to secure NASDAQ listing that would mark a significant milestone as part of the growth strategy. As it stands, the stock looks set to continue powering higher as underlying developments and fundamentals continue to strengthen investor confidence.


In our view, pullbacks should provide exciting entry positions, for buying the stock at a discount, pending further upside action.


We will be updating our subscribers as soon as we know more. For the latest updates on PRED, sign up below!


Disclosure: We have no position in PRED and have not been compensated for this article. https://insiderfinancial.com/predictive-technology-group-inc-otcmktspred-is-a-buy-on-dips/179197/
 

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I made really nice returns with GDEN and ERI on Bruce’s recommendations. I have been watching PRED ascend, but all along I kept thinking I didn’t buy it at $1.12, why should I buy it at $1.77; I didn’t buy it at $3.60, why should I buy it at $4.20... etc., etc. May I humbly ask the question if PRED is still a good buy?

I'm still buying, and have been at every price you listed, even cheaper at $.88. What a ride, but, I too, think we're just getting started. She's showing zero signs of resistance...
 

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I'm still buying, and have been at every price you listed, even cheaper at $.88. What a ride, but, I too, think we're just getting started. She's showing zero signs of resistance...

Your mailbox is full. Can you clear?
 

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Still as strong as ever... Drop back to $5.90 screamed Buy, Buy, Buy, so I did for a little, lol

Basically a 1M shares traded again on another Green Day. Still plenty to love here...
 

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