Asensus Surgical Inc (ASXC)

[la_trader]

Yep that's pretty much it- I don't mind the contrary point of view as long as it is rooted in complete fact and not partial (or complete) fiction.

These robots are big ticket items. right now hospitals have been doing budgeting for FY2018. they won't be submitting any POs for robots until at least Q1.

in the meantime, TRXC needs to stay afloat until the POs come rolling in and sometimes that means raising cash. they can sell equity in company to VC, or offer up a chunk of common shares from the authorized pool (that is why an authorized pool exists!). It's all just business 101.

Early investors with eye on the prize just sit tight, hold long, and believe in your homework. ...Or not.. Sell your shares, move on to a better opportunity for you.

it does crack me up though when I read "opinions" about things like share offerings (e.g. so called dilution) from folks who have obviously never started, run a company, or held a C-level position. Would be nice if we all had Jeff Bezos there to write us a big check when needed but that is not reality.

Point is - as long as the company is executing, moving forward, meeting obligations and milestones, and the story is still good- let them raise some cash when needed. while you may call it "dilution", that cash raise is helping to build long term value and eventually a higher share price.

jmho