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This happens every RS, always drops a good 30-50% There is usually chances to increase back to RS price afterwards during sideways trading before offering especially if funds are going to Naked short the offering like they did every offering last year. There is no selling its just funds working the price and shaking any shares they can. Barely any retail shares bought during the pump before the RS. Like 5000 shares traded retail after factoring in the 200:1 RS.
Retail needs to hold every share and buy as many as they can to reduce this game. Still based on what Xena said in a previous post they have alot of tools at their disposal to work the price. Rigged game.
Update on Sintx stockholders equity is about $10m. Based on Float number disclosed before RS current valuation is $5.9m based on a price around 8.32. Thus shares are discounted below stockholders equity.
Shares Float: 141,846,000 pre RS
Post RS = 709,230
https://stocktwits.com/HaltTradeAlert/message/574273137
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Silicon Nitride, a Close to Ideal Ceramic Material for Medical Application
Sorta like a driver who supposedly hasn't a clue but just an affinity towards mask wearers with guns, who need a ride every so often after visiting a bank. Meanwhile, the driver and his family can't understand why he's on the most wanted list as well? Sorry, management is much more than a tool IF what you say is true.
Nope - it's the big money calling the shots - the management team is just a tool.
Zimmer still has a lot of active lawsuits. They don't want to show their cards and expose the fact that they knew they were poisoning people.
This is nuts.. took some nice profits and sold all but one share.
I still have one share but it's worth $9+ now.
you are a freaking lunatic. some cretin posts hallucinogenic messages on ST and you feel compelled to do your blathering ad nauseum thing?
ya can't make this shit up, people..
theater of the absurd, starring New England's finest
Either the author is Asian and english is not their first language or they purposefully switched them around for possible legal reasons when propagating false information. Regardless it looks like misinformation to confuse those that might read about Zimmer Biomet and Sintx. As i said in my last post not only did this person claim Zimmer intention to acquire Sintx back in 2011, but they laid out solid reasons why they would do that through how they intended to use the tech. Primarily through licensing revenue but also to bolster their arthroplasty product lines. In addition to that it was on a forum for those that work in the ortho business so the information fits for that audience.
He's actually calling it Lilly Eli....meant to cause confusion (or absurdity) which it obviously has. Oh, and they're paying "$5 billions dollars". Grammar at its best.....
Over on ST someone is posting a claim (posted on some other site) that Eli Lilly is going to buy Sintx for $5 billion. There is nothing to substantiate this claim and i wonder if this is being pushed to counter a post from 2011, which you can actually verify, stating that Zimmer intended to acquire Amedica (Now Sintx) for its technology. This claim about Eli Lilly buyout could be purposeful misinformation to try to discredit Sintx ties to Zimmer which i detail in various posts below. The same funds manipulating the stock would be the most likely source of this misinformation. Something to remember/know, is when Sintx IPO'd, all references to personnel with connections to Zimmer was removed or not disclosed. Specifically the current CEO and former Chairman connections to Zimmer.
Its interesting but TAman87 called it a lie that needs to be investigated by the SEC but he doesnt say that about this following quote about Zimmer wanting to acquire Amedica (Sintx). Also this same account that is posting this supposed buyout is claiming that Sintx is changing its ISIN for M&A purposes but in fact its changing its ISIN because of the RS.
As we anxiously await for tomorrow's opening bell, I couldn't help but notice the close at .07 was 1/26 of the yearly high of 1.82. This is what Sint can and has done repeatedly over the years I.e. lose much value yoy. Yet, some wonder how this can be since management can't be blamed and products or potential products are worth supposedly hundreds of millions. Meanwhile, same management and potential partners, associates, accredited lenders simply leave the company alone as far as investing via buying stock or giving a loan through 'normal' channels. Sumthin' ain't right.
It's easy to blame unseen forces, but it makes more sense to blame those who COULD make a difference but don't. Let's begin with Sint's management team......Actually, we could end with it as well. This is why NO ONE invests (even Sint's own people) or lends (other than a Maxim type).
Youd have to ask the funds manipulating the stock what they'll do with the stock.
Regardless of the stockprice the companies IP is still worth over 230m. Someday the stock may reflect the companies value.
I did not sell my shares prior to this upcoming split and more than likely a terrible move on my part. What will the share price be at Tuesday morning market open? I am hoping I can break close to even or bail at a small loss here. TIA
olo - what a pathetic, obsessed human being.......
In a previous post i said that if Sintx was properly valued there would not be as many offerings, shares issued per offering, or reverse splits. To show just how much first, look at the previous post which breaks down the various industries and products Sintx materials can be used for. Then research a comparable company Implex, acquired in 2003, to see how much Sintx Si3N4 is worth in the few markets that Implex Hydrocel (Zimmer's Trabecular Metal) is used in. Keep in mind that Si3n4 brings superior benefits with it compared to that of Trabecular Metal (biodegradable, antimicrobial, more osseointegrative, can be imbued and used as a coating in/on other materials), has a larger market reach as it can be used for industrial, energy, aerospace, defense, anti-pathogenic, other medical products, & even cancer treatment. Consider how much those markets are all worth. Implex couldnt touch all that but it does provide a baseline valuation for Sintx IP as it was a materials company as well.
Total acquisition costs of Implex was $108m upfront + $124.1 (96m+28.1) in cash earn-out payments from 2004-2006 for a grand total of $232.1m. Sintx tried to IPO for a valuation of around $225m in 2007 when it only had spinal product candidates and hip/knee candidates in early stages of R&D.
Sounded good, didn't it? Lol, just trying to bring some excitement to this exciting stock and company that for whatever reason, I ain't seeing. The real point I was trying to make is that IF you have the goods, the investments and alliances come. ANY company can be a forever-developing-something one....that never quite gets out there. Introducing Sint.....
Hey TA, its right there in the most recent presentation. As far as what sort of role it could play in cancer treatments i do not know? However, ultrathin membranes definitely seems like a product they could be involved with. I leave the making things up to you bashers and the meme crowd.
https://i.imgur.com/FhLd8in.jpeg
Ultrathin silicon nitride membrane with slit-shaped pores for high-performance separation of circulating tumor cells
Image and Quote Sources:
https://d1io3yog0oux5.cloudfront.net/_8f0fdfcc546b780f57d6517861862db9/sintx/db/443/4298/pdf/SINTX+Corporate+Overview+-+Jan+%2724+-+Rev+J.pdf
https://pubmed.ncbi.nlm.nih.gov/35997043/
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Silicon Nitride, a Close to Ideal Ceramic Material for Medical Application
wasted breath man. he can't sell 20 milion shares at 7.
he can't sell 20 million shares at 1.
are you just spoofing/tripping?
In a previous post i said that if Sintx was properly valued there would not be as many offerings, shares issued per offering, or reverse splits. To show just how much first, look at the previous post which breaks down the various industries and products Sintx materials can be used for. Then research a comparable company Implex, acquired in 2003, to see how much Sintx Si3N4 is worth in the few markets that Implex Hydrocel (Zimmer's Trabecular Metal) is used in. Keep in mind that Si3n4 brings superior benefits with it compared to that of Trabecular Metal (biodegradable, antimicrobial, more osseointegrative, can be imbued and used as a coating in/on other materials), has a larger market reach as it can be used for industrial, energy, aerospace, defense, anti-pathogenic, other medical products, & even cancer treatment. Consider how much those markets are all worth. Implex couldnt touch all that but it does provide a baseline valuation for Sintx IP as it was a materials company as well.
Total acquisition costs of Implex was $108m upfront + $124.1 (96m+28.1) in cash earn-out payments from 2004-2006 for a grand total of $232.1m. Sintx tried to IPO for a valuation of around $225m in 2007 when it only had spinal product candidates and hip/knee candidates in early stages of R&D.
What's to stop Sonny from doing the following? On Tues begin going for another one of his fundraisers at half the price. So maybe he can sell 20 million shares at 7. Voila! he has 140 million in cash and still over 229 mil shares he can authorize (and then do the same week after week until the stock is under a buck, at which time he can simply reverse split again). What can go wrong? Go Sonny! You might even be able to hire another CEO with some of that cash; get another furnace without having to wait and maybe even splurge for an all out pr campaign on what your company has to offer. I'm sure the O2's will be rolling in, along with government contracts etc....not to mention the all evasive funds buying full force, thus raising the share price to where it belongs. After all, I keep hearing you guys are way undervalued. Might even wake up some of the insiders. C'mon get this show on the road!
A company with a material (Intellectual Property) that spans many industries is currently valued at basically nothing (tangible assets) and Si3N4 is not their only ceramic. Stockholders equity as of the last 10Q was $10m with intangible assets equating to $20k.
I missed something that no one has talked about from the companies presentation, Cancer treatment as new product for revenue. How can Si3n4 be used for cancer treatment? Is it filtering membrane to capture tumor cells? Is that the new market and product opportunity?
Ultrathin silicon nitride membrane with slit-shaped pores for high-performance separation of circulating tumor cells
Pfizer is dirty. Is it any wonder they were promoting COVID vacs for little kids? This is what happens when you let capitalism run amuck. We're the only western country in the world (I think) where the pharmaceutical industry is for-profit. And people wonder why I haven't gone to the doctor's for at least 10 years. Thankfully, I haven't had to. I know many MANY horror stories from wrong diagnoses to wrong prescriptions...a recent being a friend having 1 kidney removed and the other half removed due to....his hbp medication. Makes you wonder.....
Oh, and Boston....I reread your msg. No, I am not posting on ST (I see the paranoia affliction is still plaguing you). I happen to read the forum nowadays...that's all. Not that it matters. I'm sure you'll adhere to your conspiracy theories regardless.
We should all be afraid when the corporations controlling "healthcare" appear to be corrupt:
Man, Zimmer even lied to me when I went to their website..
They said I could opt out of tracking on the site, but then the opt out screen did not give me that option.
I find your posts very enlightening, thank you.
It seems that Zimmer may have some ethics issues:
https://media.ca7.uscourts.gov/cgi-bin/rssExec.pl?Submit=Display&Path=Y2022/D03-21/C:21-1224:J:St__Eve:aut:T:fnOp:N:2848980:S:0#:~:text=Specifically%2C%20IMSS%20alleges%20Zimmer%20Biomet,to%20Mexican%20govern%2D%20ment%20officials.
The only way this scenario makes any sense is if some big cartel or corporation controls the majority of the stock.
I can't understand why there wouldn't be a few of these products in production.
Something really stinks here... and it isn't the tech.
A company with a material that spans many industries is currently valued at basically nothing and thats not their only ceramic. Stockholders equity as of the last 10Q was $10m with intangible assets equating to $20k.
Armor (Body, vehicle, aerospace)
Energy (Accident tolerant fuel containment systems for nuclear reactors. Receiver tubes for concentrated solar-thermal power systems.)
Aviation and Aerospace Industry (combustor, radomes, and RF windows, engine ignighters, turbine blades, heat exchangers.) (Outside of Silicon Nitride are CMC for airplane engine components)
Hypersonic Industry (CMCs for hypersonics as well)
Electronics Industry (Biosensors & optics)
The Ideal Biomaterial (Spinal, Dental, Craniomaxillofacial, Foot Osteotomy & Fusion, Wound Care, Arthroplasty (Hip, Knee, Shouler, Ankle))
Antipathogenic (Masks, Medical Tubing, Surgical Gowns, Drapes, and Curtains, Filters, Consumer Products (High Touch Products), Public Transportation (High Touch Surfaces))
Biosensors
Rapid Prototyping
RF COMPONENTS
Welding
Automotive
Thats just the applications mentioned on their website, presentations, & SEC filings that i noticed. The sectors where i know they have products in development ive broken down further. A few more are listed within the following scientific study:
Silicon Nitride, a Close to Ideal Ceramic Material for Medical Application
No gameplan. Just my interpretation of the facts which the company can control. They cant control the stockprice, as evidence by even news of new revenue results in further decline in price and valuation. Stockprice is not a reflection of Sintx's fiscal health but instead a reflection of easy money for funds until, it seems, Sintx is ready to move from the R&D phase to commercialization phase. At whichpoint, i assume, all that value in IPR&D suddenly is reflected in the stockprice and valuation. Which it must be getting closer to with Sonny stepping down. Regardless of your personal thoughts on Sonny, he oversaw massive expansion of IP during his almost 10 years as CEO. That is FACT! That massive & diversified expansion represents alot of value not currently reflected in Sintx market valuation, also FACT! How much that IPR&D is worth is more subjective but we know its worth at least $232m based on what Zimmer paid for Implex material. However, Sintx addressable market is significantly larger than what Implex Hydrocel (Zimmer's Trabecular Metal) could be used for and its material is superior in just about every way as shown in the following scientific study.
TA&T was a great acquisition. Sintx armor less so based on what i know.
Oh please, we've gone through this many times. You stick to your game plan and I'll stick to mine. Your financially astute company is on the verge of a 1/200 reverse approx 17 months after a 1/100 one. I never said anything about fear of success. Some companies do NOT handle success well. That is a fact. As far as Sint goes, regardless what you say, it is an unknown, since Sint has NEVER been successful, other than getting patents and throwing shareholders under the bus. It is a "going concern" because....it is a going concern! And how many years have they been around?
Yes, maybe I have said a lot without really saying anything, but what have you brought to the table that has helped enlighten shareholders over the years? You still can't see that shareholders for Sint have been used for only one purpose up to this point: to support a failed operation. As a potential shareholder, that says a lot! It's why I'm still not one.
You've said alot without really saying anything. There is no indication of failure at Sintx anymore nor is there any indication they are not ready for success. Years ago it may have looked like failure was possible but thats no longer true. In regards to fear of success, i can see Sonny's been laying the foundation and is building toward something. What that something is exactly im not 100% sure. Using the OEM model, Sintx can license its IP without burdening itself in heavy investment which is why itll be much easier for them to succeed; very lean operation. These actions do not suggest fear of success. I dont see fear of success but instead waiting. Like waiting for Zimvie to sell spine and Solventum to complete its divestment from 3M. Things outside of Sintx are slowly coming together but im not entirely sure what the movements are meant for.
The only thing going on now is management has game changing products and is just sitting on them, waiting for whatever reason. Although sitting on them is not accurate description, but thats how it seems.
To be fiscally responsible means to manage financial resources well. Sintx does not take out high interest loans, it has no debt. It does not spend large amounts on excessive personnel and its facilities are minimal. Its cash burn is not bad considering the costs of R&D. Please go through their financials and show where there is alot of financial waste. You will not find it and no Sonny's salary is not waste nor overinflated.
it actually means the massive issuance of dilutive new shares can continue.....
And with this, we KNOW Sint can keep the reverse splits going.
One of the major reasons companies fail is because they don't know how to handle success. People often talk about failure due to lack of sales etc. However, there is a flip side. Fiscal responsibility is a different game then and is not guaranteed. As of now, no one knows whether or not Sint can even handle any sort of achievement that would normally bring major investors in. Thus my comment about "fiscal responsibility". I also disagree with you that they are handling things well fiscally as a company in r & d stage, but that's neither here nor there.
Vivek R took an activist stake in Buzzfeed recently and it caused the stock to fly. Sint never has ANYONE taking a stake and that's meaningful! As I've said numerous times before...the reason Sint is manipulated (and it is) is because it can be. Not every company makes it so easy. This I have placed and continually place, on the shoulders of management. They're not the first to have gone public without a clue, and undoubtedly won't be the last. Maxim and others look forward to doing 'business' with them and others like them. And gamers of all sorts know what to do each and every time as well. Do you have ANY idea why Sint went for a 1/200? I would guess not and I bet neither do they. Thus, my continuing negative view concerning leadership...
One thing I look forward to is the great decrease in stupid memes and posts on ST. I guess there's a silver lining here after all.
Revenue is improving but its negligible compared to the companies potential with the various product candidates its sitting on; like laser sintering ZTA implants with Si3N4 to improve their performance. The company is fiscally responsible with low cash burn rate for a company in R&D phase. It has essentially no debt. Its IP is worth hundreds of millions plus, yet you're arguing that the stockprice has no support without contracts? It has no support due to manipulation and naked shorting. Even as contracts have come in its not helped the stockprice. Every bit of positive news has been shorted or naked shorted depending on when the news is released. What is problematic with Sintx is Sonny just sits on all these products without much attempt to commercialize; Atlantas criticism of Sonnys snail pace is accurate but what we dont know is why Sonny just sits on products candidates like that? Guess the new CEO will finally begin commercializing everything Sintx is currently sitting on. That IP has value even if its not generating revenue yet.
Another example of a product candidate that seems to be just sitting on the shelves is masks. There was an attempt to bring masks to market in 2021 but that failed. Why are we now in 2024 and still no new attempt to commercialize with different and better partner? Is this because we've been waiting on 3m divestiture of Solventum to complete? Thats done, now what? The 10k mentions lots of strategic partnerships and thats where things seem to stay for years on end.
Sonny did funds a favor doing with a 200:1 so they can short from 16 or whatever instead of 8 or whatever. Lets see if the price drops 50% once the next offering is announced and then drops another 50% post offering like all of 2023 offerings. What happened in 2023 into Q1 2024 wasnt the result of companies poor performance but pure manipulation which can be seen clearly on the chart; egregious manipulation of the stock actually began in 2022 when the stock began to nosedive wihtout anything inherently negative happening with the company to justify it. Hey TA what to give an updated chart?
Solventum's CEO Bryan Hanson knows all about Si3n4 from his days at Zimmer Biomet. It is curious that Mr Hanson left Zimmer Biomet for Solventum which sells the very products that Si3n4 anti-pathogenic features are perfect for.
Hmm, if I was the CEO of Sint and my stock was trading at 10 cents or so and I had already committed to a 1/100-1/300 reverse, what would I do? I don't think I'd have a clue...probably just throw a dart or go in between (for no real reason). Unfortunately, I feel this is basically what this bod did....which is one of the reasons why the company trades the way it does. Assuming, the 1/200 goes at .08, you'll have a 16 dollar stock with nothing to really keep it there. Yes, one can say it's improving, but certainly not enough to offset expenses OR show it's worth the price. Unless or until the contracts come in and the company shows it knows how to be fiscally responsible....nada. 10q's like the last one, hardly fan the flame. However, pumpers and penny players must LOVE Sint, when it's time to drop in for a season.
He also discusses the manipulation of this stock, which is rather obvious. He does not talk about personal investment.
lol - what does the term "haircut" have to do with discussing the science?
He's been discussing the science - which is valid.
I have not seen him discussing investment, which is rigged apparently.
I more than doubled my money this time, but I kept one share to watch.
HIlarious. You've been on a permanent haircut binge for years with SINT.
1/200 r/s on May 28th to meet compliance.
Ok so offering Q3. Need to see the naked short numbers. Usually the price takes a haircut post RS. Buy just enough shares to participate in any shareholder rights offerings post RS.
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Silicon Nitride, a Close to Ideal Ceramic Material for Medical Application
Whale on $$$$$$ start reeling $$$$$$$
DEAD Money. Reverse split Game Over!
SINT direction 1 DOLLAR
https://www.youtube.com/watch?v=j94SgeyCh3M
(AMDA) Amedica Corp. - NASDAQ
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