Sigh looks like things are breaking down chart wise. Back to the same ole same ole?
Its an empty gesture, especially concerning executive compensation. As ive said the company is better positioned with increasing and more diverse revenue sources than ever has been and those gestures would have made more sense previously to me.
It was a negative concerning the self-serving blindness on his part as well as the 'let's go to the well for funds' mantra they've been singing, decimating you guys. Back in 2020 and 2018, folks weren't aware he would ever reverse 1/100 and have his hand forced yet again a year later. I do agree with you on this:
They voted for him to maintain his seat so the only shakeup is Sonny stepping down as CEO. This would be no different than when Cook stepped down. The next CEO would get all the kudos for the work Sonny setup. The real point is just to drive a change in narrative. Whatever.
What was the point in voting those down and why now? Sintx is better setup for success than it ever has been and the vote to increase employee share plan was voted down why? Why wasnt it voted down in 2020 or 2018? Seems empty jesture in my mind. Voting against executive compensation is non-binding so has little point.
My.only hope is its used to drive a narrative that it lit a fire for management to get moving on things.
Ive seen this same scenario in the past and the chart broke down instead breaking upward. Heck ive even seen it break upward only to break down because volume didnt come in.
Outside the furnace issue this year there has been good news and progress on the business side of things. Key patent awards, new revenue sources, armory subsidiary opened for business until the furnace went down, variety of grants like the recent grant to help develop a new combustor for Air Force satellites, and even CTL-Amedica approval of the Monet Nitro spinal implants. Heck even growing revenue, although mostly due to grants.
Joe, you goto sintx.com and click investors which opens a new tab and site called ir.sintx.com
"These furnaces are ok as far as weve been told"
you are making this up, you idiot....
I didn't even see this on the website. I didn't find anything regarding IR. My bad....
Today the chart, to me, ended weak. Surprisingly, there was no move, downward, post annual meeting like there has been in the past. Instead volume dried up. There is no spin or narrative being propagated about the annual meeting where shareholders voted down the expansion to employee equity plan and executive compensation. Although voting on executive compensation was advisory and not binding to the compensation committee. Voting down equity plan could be bullish or bearish. Either theres going to be another RS next year before next shareholder vote on equity plan or this will work to "motivate" management to get moving.
Noneya, despite implying they do not have a furnace to manufacture products with, is calling for .25 which im guessing would be incoming if the chart breaks down.
These furnaces are ok as far as weve been told:
More good news released today about CTL forthcoming launch of next gen Si3N4 Implants as well as growing implant count, now exceeding 45k.
Just that he's doing it differently...at least somewhat. Hopefully he's beginning to realize not everyone loves the way he operates. He needs to generate more interest and so ANYTHING done differently than the usual status quo is a plus imo.
I have no idea what kind of trades they were. I do know that legally some of these funds etc can hide what was actually bought or sold, so as individuals, we never get a break. We simply don't get enough info and that's how it's always been. It's good to see Sonny's hand being forced so to speak, as far as the annual. At least I interpret it that way.
Its not looking good so far. Were they buys or naked shorts? If Sonny doesnt reveal anything during the annual meeting then this will likely drop as it has many times before. As ive said before this stock is heavily manipulated so its easy to make the chart look promising.
The only potential is this annual meeting is webcast so maybe something worth while is revealed.
What is different about this meeting, outside it being webcast, compared to the last years and 2020's is the massive offering wasnt closed before the vote. While Sonny setup another poison pill like offering before meeting he hasnt executed it. Of course if he needs to he can adjourn the meeting for another time and release the offering before the next meeting. Hes still giving the vibe that hes battling hostile parties.
Buys outpaced sells 2 to 1 today.....
Took playing with some of the indicators, but i think i see where AC made his bottom call. These same indicators are showing buy at the close.
AC usually does have a point. Has a good track record of seeing price movements before they happen. My chart signaled buy some shares today so i did. Hopefully we get a good move for swinging. Still very undervalued but thats never mattered in regards to stockprice.
Still unsure how he saw bottom Friday, just money flow slightly rising while A/D shows distribution?
Forget the ‘tripledemic.’ The U.S. is headed for a ‘syndemic’ this winter—and experts warn we’re not prepared
AC's got a point. Seems due for a quick pop and based on yesterday's trading, I'd guess that's the 'bet'. If true, hope some of you get a bit back before Sonny throws water on it again (such as an ill timed announcement on finalization re the offering).
Im not seeing a reversal yet based on my chart but there has been a history of small pumps and dumps around meetings; annual meeting Tuesday. There are the 2m or so shares from the S3 offering to do something with so somethings gonna happen at somepoint. Recognizing bottoms and tops in trends is not my strength.
Amedica was prepping to sell, a portion of itself at least as it turned out, and Zimmer is a stakeholder that will eventually acquire IP. Obviously it didnt back then. Things do not always have a linear path and thus Sonny could sell to NP Aerospace who then sells the medical IP to Zimmer and thus Zimmer still ends up with the IP its invested decades in.
This is what Cook did at Amylin. His main stakeholder was Eli Lilly and Eli benefited from Amylin in the end and longterm stakeholders benefited as well despite Eli no actually acquiring Amylin. It appears Eli and Bristol made a behind the scenes trade leading Eli to acquire a company Bristol Meyer was heavily invested in and Bristol acquired Amylin in the end. Not linear at all but still for the benefit of all the stakeholders involved.
Sonny is loyal to his stakeholders and Zimmer is the primary one, its major reason hes CEO.
Stakeholders are not necessarily shareholders and shareholders are not necessarily stakeholders because of their short-term outlook and presence. Shareholder rights offerings are a way Sonny has protected his long-term shareholders with anti-dilutive protections.
You seem to be awfully certain in your opinions stated as facts, which unfortunately, change from time to time. However your confidence or stubbornness or foolishness does not. From your post #11135
Shareholder rights offerings seem like the only viable investment method here for now with their antidilutive provisions. Otherwise trading shares is the only way to prevent losses from adding up the way mine have.
Investment can be recovered and then some with the sheer value of the IP and who a couple of its stakeholders are. Stockprice doesnt match the true value here. Sonny's loyalty are to his stakeholders.
Hes got the product and the pathway to market, Sonny just needs to derisk the IP sufficiently. Trade or sit on the sidelines, thats up to you, but keep watching because you know like i do the IP is very valuable otherwise you would have moved on.
Metal implants need to replaced! Si3N4 is the only material that can properly do it.
I heard your opinions far too long. Thought initial years was valid but has proved to be not. Dude if you truly invested you would be soured and depleted by now. This is a complete failure based on Sonny misleading lies and ATM program. Rinse and repeat. No excuses based on business deception and distinction.
Gotta luv it. Sonny's expertise shines through once again. Already a 31% haircut from initial announcement and he still can't drum up enough interest. Wonder why? Hint: keep treating your loyalists with contempt and they'll eventually stop trusting. Keep trying Sonny. Everyone has their price. Perhaps around .10 again and maybe a shade higher IF you can get that furnace working.
From the latest:
Our charter allows us to issue up to 250,000,000 shares of our common stock and up to 130,000,000 shares of preferred stock. To raise additional capital, we may in the future sell additional shares of our common stock or other securities convertible into or exchangeable for our common stock at prices that are lower than the prices paid by existing stockholders, and investors purchasing shares or other securities in the future could have rights superior to existing stockholders, which could result in substantial dilution to the interests of existing stockholders.
This is why ceramics and ceramic buildings are key to this transitional period as metals will suffer increased failure from the Hutchison effect due to the increasing and chaotic electromagnetic energy in our environment. Metal implants will continue to increase dis-ease for those that have them implanted as they amplify the surrounding EM energy that we are being exposed to from human sources, earths geomagnetics, and increase in radiation exposure from space. Ceramics, particularly bioceramics like Si3N4, are key to addressing this particular problem!
Earth’s magnetic field could flip within a human lifetime