Sonendo Inc (SONX)

[Tiger Money]

Don’t know bro

[just Scottie]

In buys

[just Scottie]

On valentines the four funds amounted to 19,559,224 shares. WTF is going on

[Doubledown75]

What was the volume spike?

[just Scottie]

☑️☑️and checked

[RichieBoy]

📩👀✔️💩

[Tiger Money]

Great question. This is baffling

[just Scottie]

Ha ha ha you’re to much man! I’ll take any scenario as long as I pocket a bunch 😂

[RichieBoy]

Of course I mentioned that, didn't believe it?

There was always that underlier strategy. He said that on the phone Scottie man you are shaken up. Get a grip old thing. NYSE was first test, if not then Nasdaq was his second choice and IF*** that fails he was quite comfortable to stay here and build the company on the OTCQX. You can rest assure you're hearing the executive agreeing on THAT too, pretty self explanatory and sound logic.

I'm certain you nodded your head as well LOL!

[Doubledown75]

What was that?

[just Scottie]

If he doesn’t have the daq I mind is rather have him build the business on the otc and start to communicate

[Tiger Money]

Obviously me too but the chances are fairly remote

[just Scottie]

Eh I’d rather just see it shoot up to a buck now 😂

[Tiger Money]

You have me by about 8 years. Selfishly, the would love for this to drop to five cents again so I can back up one of my trucks to fill her up

[just Scottie]

Well I’m 60 now, don’t want to wait to much longer lol
Time is speeding up

[just Scottie]

I agree with your assessment

[Tiger Money]

I love your thoughts and ideas but on the otc, you don’t get paid to wait. I have lost over a million dollars on 3-4 otc positions I was “waiting on”. I really wish I had that money. Regardless of the company on the otc (minus foreign cos that have tickers ending in F), the algorithms are all the same. No volume gets slowly shorted down by the mms. That is a fact. Time on otc equals losing money. Relative value is almost always irrelevant as time passes as well. Hence the algos that slowly short to zero.

But, i can’t figure out the algorithm here, yet, as it has something going on. I was starting to think the company is the bid at 9 the last couple of weeks but that isn’t. Someone or some fund is at 9 because I can tell you it is not a market maker. otherwise, we would be 3-7 area already especially knowing a reverse split is extremely probable.

Back to your thoughts about a surprise technology or something else, that could appear. My thought is that would have been used in an argument privately to the NYSE to stay listed as it would have been a feather in their cap. But instead, they didn’t even fight the delisting. Not to mention, communication around it was horrible. Regardless, I feel strongly they could have most likely fixed their listing issue if they had such an “asset “

[RichieBoy]

Bjarne has another string to his bow.

Every CEO has to build the company or it dies. Some guy here hypothesized that Bjarne might have another product, do you remember that guy?? Anyway I got to thinking about the idea and it slowly dawned on me that another product might have been what the CEO alluded to over the phone only I didn't know it at the time.

Anyhow as Tiger mentioned Bjarne isn't the type to boast quite, the opposite. So let's say he has a health centric ultrasonic power instrument to show to the public as SONX's latest procedure tool. Well we know for sure if that's the case that it will still be in development. So be very certain Bjarne won't be talking about it until there's something that's tasty for investors. Have a great weekend Scotty kick back relax. I'll see you when you're a little older! 👋👍

[just Scottie]

I’m more of a trader mentality, I don’t like to stay to long especially in otc stocks with no movement or news. Usually not a good sign, but I could be wrong

[RichieBoy]

I disagree I believe it's more than that. But here is where the rubber meets the road. Quite simply! YOU MUST DECIDE

You're upset the CEO has gone dark in the darkest of moments leaving you up Sh*t Creek without a paddle. I think we have something in common. But here's the reality.

I'm not saying he does, but if* he does have an Ace in the Hole. He's not going to tell any of us until the SEC deems he must. In other words a material event.

"Using these seminal cases as their guidepost, the SEC has adopted a similar definition of materiality in the context of financial statements, providing that “[a] matter is ‘material’ if there is a substantial likelihood that a reasonable person would consider it important…"

https://www.mcneeslaw.com/what-is-material-the-sec-says-you-decide/#:~:text=Using%20these%20seminal%20cases%20as,person%20would%20consider%20it%20important%E2%80%A6

[just Scottie]

Yeah I understand, I’m just in a hurry lol
Time is money

[RichieBoy]

Let's revisit why you're pouty.
You understand thoroughly he's not saying he has to rollback correct. It's even a stretch to say he will. He has to protect his assets now SONX isn't NYSE bound. Scottie that's standard company protocol. I just came form a company in same situation, same maneuver exactly.

[just Scottie]

Just a tidbit would please me at this point

[RichieBoy]

I was just thinking chart looked better today.

WTFudge man wuddup wit-U? Oh you're expecting earth shattering news. Well if Bjarne were to do a deal with Britain imagine all the teeth saved. Hell we might even be able to understand what they're talking about. Full disclosure I believe in miracles in case you're wondering...

[Tiger Money]

Just think we have to wait until June to even get a vote on a reverse split .

[just Scottie]

What a disappointment here!

[Tiger Money]

Hopefully!

[just Scottie]

Well we don’t know! Maybe he inked a bunch of lucrative deals?

[Tiger Money]

I doubt it. Bjarne is the opposite of a pumper, mentality wise, so I don’t even think something like that even crosses his mind. Also, there is no news for even a pump

[just Scottie]

He can’t possibly want to split at 9 cents
I’m thinking he starts to leak news and pump a bit to get us back to 40 or 50 cents before splitting

[Tiger Money]

Yep, we are looking at June to the earliest on anything as the reverse split vote is at the June board meeting. That is why I say this stock is going to suffer significantly until we see the results of the June vote

[peanutz]

Me to . That promise is why I'm here . I figured we would already be on the NYSE and then to the nasdaq . Shady to me .

[just Scottie]

I just think he should have and should tell shareholders is strategy. We’re staying on the otc, or trying to get back to the big board. It’s not the cia intelligence here

[Tiger Money]

I’m pretty sure the valentine managers thought they were buying a good thing at the price they did when they did. They are hedge funds who got it wrong like us. Well, I speak for myself when I say that, as I thought with this technology we would already be on the big boards

[RichieBoy]

They partnered out TDO, specifically to boost sales. Not sure but seem to recall they are
paying less employees to do the same job. So there's those unprecedentedly low HR expenses to consider.

I can't see see how they couldn't improve! They completed Gen lV and the Onesize fits all Clean Flow Procedure Tool 4 months ahead of time. So the new hardware they banked on was fully ready to attract more Endodontists and Dentists as buyers of Gen lV the entire quarter.

SONX sold TDO March 4th so roughly half a quarter without TDO holding them back could have freed up more HR to drum up sales as well. Looks like we are about to find out how much better. We sure could use some good news. Hey I wonder if we finally find out why those Valentine's Day Fund Managers arrived on the doorstep enmasse. That was a weird one!

Throw us a bone please Barjne with meat on it? Those used soup bones were getting pretty crunchy...

Good luck all! 🤹 🫰

[just Scottie]

Yes!!! There has to be something to tell shareholders

[peanutz]

This will tell a lot . I hope it is very good as do we all . About time to put up cause they are quiet enough already lol.

[just Scottie]

https://www.otcmarkets.com/stock/SONX/news/?id=437970

[Doubledown75]

lol yea kind of slow all over the place not just here

[just Scottie]

Not much to talk about

[RichieBoy]

Wow all our switchboards are lighting up today!
Can't understand it, not sure I can handle all this. May need to call in CJ for back up?

[RichieBoy]

Here's a synopsis of what the partnership is really going to be about. Hope this is helpful as opposed to sleep inducing...The fact TDO Software is widely used in Endodontic Practices worldwide should provide a clue how fruitful this partnership will become 🤔

Sonendo and Valsoft Software are affiliated in the following ways

- *Valsoft acquires TDO Software*: Valsoft, a Canadian company specializing in the acquisition and development of vertical market software businesses, acquired TDO Software from Sonendo.
- *TDO Software development*: TDO Software is a practice management software platform for endodontic offices and is widely used in the endodontic industry worldwide.
- *Sonendo divests software assets*: Sonendo sold its software assets, including TDO Software, to Valsoft Corporation for approximately $16 million.
- *Amended credit agreement*: Sonendo and Valsoft also announced an amended credit agreement, which includes a one-time $15 million principal repayment and establishes monthly principal repayments.
- *Partnership*: Sonendo and Valsoft have expressed their commitment to continued partnership and collaboration, with Sonendo focusing on growing awareness and adoption of the GentleWave procedure and Valsoft focusing on furthering the TDO practice management software platform.

[RichieBoy]

If you had any doubts about the partnership.

A little review should sound rather compelling.

"Today’s announcements reflect Sonendo’s commitment to balancing responsible cash preservation while pursuing long-term growth opportunities for the GentleWave system," said Bjarne Bergheim, President and CEO of Sonendo. "TDO is a great technology, and we look forward to continued partnership with the team at Valsoft. Moving forward, this divestiture allows Sonendo to focus solely on growing awareness and adoption of the GentleWave procedure. At the same time, we know TDO users will be in great hands with Valsoft’s focus on furthering the TDO practice management software platform."

[RichieBoy]

Take a closer squint at what TDO has to say on Valsoft acquisition in the comments section...

https://www.valsoftcorp.com/news/valsoft-corporation-strengthens-health-dental-portfolio-with-the-acquisition-of-tdo-software-from-sonendo-inc/

[RichieBoy]

That said he's quite prepared to stay OTC.

However long it takes. Of course no one knows the story or the PR. Think of exchanges as the vehicle. Where forever vastly improved dentistry (yet more attainable) is the destination. What I can share is the plot.

There are 9 million Canadians that qualify for PM Trudeau's free dentistry for life program. It's justified because regular dentistry translates into fewer hospital visits. A very worthy goal funding wise as preventitive dentistry breeds preventitive medecine.

All those 9 million qualifiers must earn less than $90,000 Cdn a year. Bare in mind Gentle Wave is already being used just a mile from me in my little city. So well represented generally But what's going to happen to the other 30 million Canadians? Well firstly government will realize the incredible savings coupled with the standard of care and improvements in preventitive dentistry provides along with 3x as many Root Canals as regular dentists offer now.

That's a hugely attractive functionality for less. Government would be extremely foolish not to channel these qualifiers to the dentists and Endodontists who already use GentleWave. But insurance plans are forever shaving down costs to protect premiums meaning more clients.

It won't take long before the major health plans cotton on to the government's unprecedented savings if they haven't already. So more and more dental and endodontic offices will embrace Gentle Wave for a more lucrative income. That's what fascinates, with Sonendo every participant wins.

So what do you figure the trend will be with 10X the prospective clients stateside needing progressive dentistry. Remember Bjarne confirmed there are ZERO limitations on the number of Gen lV's Sonendo can supply to the industry. No pain, less illness, Cavities will be all but extinct. Look even gum disease could be eradicated.

BTW the US Treasury is still on track for those three interest rate cuts this year. Meaning another bull market is imminent once we are past this minor correction. I wonder what earnings might shape up like come June. Sonendo very quiet about that also but the galaxies are aligning Scottie. Man you look awful Dewd, have you had your teeth checked lately? Now you can have 3 Root Canals in 3 days! Fill your boots bud health is the greatest wealth you can own. 🎓

[just Scottie]

I’d like a juicy fat pr then a story lol

[RichieBoy]

You don't want a story, you want a PR.

Market wants a PR too. Bjarne knows that. I don't know if you've noticed or not but the big boards have been thumbing their nose at the OTC. Big boards have been on a bullish run since I think January.

Anyway your CEO knows this only too well also. That not only drives him harder to get more Revenue coming in, but more convinced he needs to keep his nose to the grindstone if he wants out of the OTC. Spoiler alert he definitely does! 🤔

[Tiger Money]

Not unless it is material

[just Scottie]

Well I’m sure he could tell us some things about the growth

[RichieBoy]

First consider the difficulties.

Corporate cash is tight until October elections all over the North American continent. Electioneering will drum up to an October crescendo. By then promises of spending are flowing every where.

Is it ridiculous to think Sonendo has been advised under a wink-wink nudge-nudge verbal agreement they are a shoe-in as long they lay low till say Labour Day? I'm thinking yes, only in that it is likely more than one significant contract and international in scope.

Highly imprudent of Bjarne to concoct any pump & dump cheesey PR just to hold investor interest. Block out the the R/S narrative for a minute , the uplist hype too. You're still left with a good company needing to grow to survive.