Baxano Surgical, Inc fka BAXSQ

[wiseassowl]

True, Baxano did receive a patent in January. But, the company in its current condition can't afford to bring any products to market. Baxano has terminated contracts with key employees and vendors. I think it's just Palmer and the board now. It seems Palmer's primary goal is to wind down the business. If someone with financial backing willing to take on debt comes along and wants to work with the Baxano board to develop something under the Baxano name, he could facilitate that. This is the only scenario I can think of that saves shareholders from a 100% loss. And it's very far-fetched.