CYduct Diagnostics Inc (CYDX)

[highflier]

Finances are out, let's break it down...

Solos Endoscopy, Inc. (PINKSHEETS: SNDY) is pleased to announce that the Company has posted its Year End Financial Statements for Period Ending December 31, 2011 on OTC Markets (http://www.otcmarkets.com/stock/SNDY/financials). In 2011, Solos Endoscopy consummated agreements, which resulted in the forgiveness of $457,471 in debt for the Company. The signed settlement agreement and new consulting agreement resulted in a reduction of ongoing expenses by approximately $40,000 per quarter that will carry over into 2012. As a result, Solos Endoscopy was able to reduce its Net Loss by more than $688,000.

Throughout the year, Solos has focused its R & D efforts into the design and development of new modifications to its endoscopic instrument lines to accommodate the continual advances in Laparoscopic surgical procedures. The significant advances over the past several years have led to a number of advantages to the patient with laparoscopic surgery versus an open procedure (laparotomy). These advantages include reduced pain due to smaller incisions and hemorrhaging, and shorter recovery time.

The demand for endoscope services is increasing due to an increase in the aging and chronically ill population worldwide. Advancements in endoscopic technologies and inclusion of various types of lighting sources, video cameras, real-time conversion of data into three-dimensional images are also driving this market. Endoscopy procedures have become highly effective in the diagnosis, treatment, and management of cancer patients. Many now consider endoscopy to have become the gold standard for cancer diagnosis and treatment, as well as for many other medical conditions.

The MammoView® instrument line, designed exclusively for breast endoscopy, has become crucial to early breast cancer screening as a method to significantly reduce breast cancer death rates. The Solos MammoView® Breast Endoscopy System is designed to distinguish and inspect suspicious pre-cancerous lesions undetectable by other methods as well as complement existing diagnosis and treatment options with direct endoscopic observation. The Solos MammoView® system is currently in use at various teaching hospitals across the United States. From July through November, mammary ductoscopy instrument sales accounted for approximately 40% of the total sales for the period.

Solos Endoscopy generated revenues during the year ended December 31, 2011 in the amount of $328,612 versus $429,473 for the year ended December 31, 2010. The Company's net loss during the year ended December 31, 2011 was $503,787 versus a loss of $1,192,481 for the year ended December 31, 2010. Therefore the Company, due to a reduction in consulting services costs of $200,000, a decrease in general and administrative expenses of $131,658 and forgiveness of debt in the amount of $457,471 for the year ended December 31, 2011, has significantly reduced its loss from operations for the year ended December 31, 2011, as compared to the year ended December 31, 2010, in the amount of $688,694.

"Solos management has made a real effort to reduce debt and position the Company for profitability. By working with its various creditors, management believes the Company can be virtually debt free by the 2nd quarter of 2012," stated Bob Segersten, President of Solos Endoscopy, Inc.

To me this was the last piece of the puzzle we need to put together the previous PR's. I know I've sounded like a broken record saying over and over the PR on Feb. 14th had a wealth of information in it. Here's why.

First off like I have been saying always, always follow the insiders. For them giving away 150 million shares for preferred stock options tells you they believe in the future of the company. They just did not give away that many shares out of the kindness of their heart. They knew this stock price was going to go up this year. And I don't mean just a few cents. They are in this to finally be rewarded for all their efforts and hard work over the years. They are looking to see .50, 1.00, or even more per share over the next few years. They knew something we could only wish for. And that was a company turning profitable.

I am beyond excited being heavily invested in Solos Endoscopy. Today will be a day I will never forget. Today the company just said, "Shareholders by our actions we are all going to make money. We hope you are going to be here with us as the stock price climbs. We have laid the ground work of Solos Endoscopy to be completely debt free in 3-4 months. As revenue continues to increase and no debt on the company our share price is going to increase significantly. We told you in so many words by our action on us retiring the 150 million shares and taking preferred stock options that we believe in the future of our company. We hope you will believe and stay invested into our company like we have. We will reward you."

To me it is always important to follow the lead of the insiders. For me things changed immensely for SNDY when the PR on Feb 14th came out. Like I have been saying that PR was full of information. For this companies insider to give up the amount of shares they did to take perferred stock options says a tremendous amount on where they think it is going. My money and my groups money followed the insiders of this company. It's like having a recorder in the board room when they are having their meetings. They were trying to tell you, "WE BELIEVE IN THE FUTURE OF OUR COMPANY, FOLLOW US"!

Today news confims what I've been saying for months. This company is for real. There are hundreds of big board stock that are in debt up to their eyeballs. Whose P/E ratios are 80,100,150 and beyond. Who will never be making money. And are trading on valuations that are no where even close to what they should be.

But look at our little company here. They have outstanding life saving products, about to be debt free, growing sales to profitibility, reduced 150 million shares, insiders believing in the future of the company by taking stock options, Paragon report putting us along side a company trading for $5, CE mark coming soon, FDA approvals on many product lines, the demand for endoscope services is increasing worldwide, and in a $94 billion industry. Oh and since everything they have said and done by their actions have been completely true, let's not forget one other thing they have said and that is, "we are forecasting tremendous growth for 2012."I'll have to believe in that coming true as well.

Also one other important thing is this. Since they are about to be debt free there is no need for them diluting huge amounts of shares. They may sell 10 million shares before the next report to completely wipe out any and all debt. That will still leave them 50 million share before they reach the total A/S of 500,000,000. Plenty of cushion for them in case they needed to raise more capital to build out products because of increasing sales. And we do have a really low share structure.

Once again what more could you ask for in a company. I hope all this DD will help anyone looking to invest into Solos Endoscopy. Now you know why we bought 50 million shares of this company. This was an investment to us because we read what the insiders were telling us. You don't invest $300,000 and not believe in what you buy.

I also want everyone to know we are not going to sell any shares of SNDY for a period of one year. I met with my CPA this afternoon to understand the tax laws for short and long term capital gains. So guys here you go, if you hold for one year we will pay 21% taxes next year, if you sell in less then a year it will depend on which tax bracket you are in, but the max is 35%. I also found out you do not have to pay social security tax on this money.

So what are you guys that are holding shares in SNDY going to do? Sell out cheap, or ride the shares to riches like the insider of the company are going to be doing. That is the million dollar question. And trust me their are a few here that may also have a million reasons to smile and it will change your life style. It's call $$$$$$. Know what you own and belive in it. If you guys and gals will bookmark me and I will try to continue to post helpful information. GLTA
Take care my friends,
Mike