typing on the computer about my status
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
#1*SNDY.FACTS.Dates.Timeline - what you need to know*****
Stage 1 audit: 2/26/13 :completed
Stage 2 audit: 8/16/13
--//--
Important dates to watch
Quarterly financials
filing date 8/15/13
TUV 13485:2013 & CE mark
2-8 weeks after successful completion of stage 2 audit on 8/16/13
--//--
SNDY starting in 2008 timeline
2008 - 2009
Solos Endoscopy, Inc. Implements Strategy to Capitalize on $30 Billion Minimally Invasive Surgical Product Market.
Capital Change=shs decreased by 1 for 5000
SNDY medical devices become popular in hospitals, universities and health centers.
Appears in numerous medical magazines.
Gets FDA approval
Continues design with significant success
Sales increase
-
2010
Retains Expert resource to meet requirements for ISO 13485 quality management system initiative. Starts to develop European Union Conforming CE mark Technical files.
Granted U.S. Trademark for Mammoview(r).
Completes phase 1 requirements for ISO 13485
Appoints CFO Mr. Schiemann
Appears in more magazines.
product design continues.
Shareholder meeting:
Last R/S
BOSTON, Nov. 19, 2010 /PRNewswire-FirstCall/ -- Solos Endoscopy, Inc. (Pink Sheets: SNDY) is pleased to announce that the Company's management has approved its 2011 recapitalization plan in order to position itself for growth over the next twelve months. The recapitalization plan is designed to increase financial flexibility for Solos and its shareholders.
The recapitalization plan allows Solos greater flexibility to utilize the assets of the Company in the future for corporate purposes; including raising capital, acquisitions or employee compensation, with limited dilution of existing stockholder voting rights.
"We are very pleased that the recapitalization allows us to pursue our existing strategy more aggressively," stated Bob Segersten, President of Solos Endoscopy, Inc.
Throughout the remainder of 2010, the Company will continue its new product development for the MammoView product line.
-
2011
Revenue increases
Design and development continues
Decreases net loss by $1 million.
Introduces new urology instrument line
New website
Enters Veterinary market
Sales increase
SNDY donates portion of sales to the National Breast Cancer Foundation.
2012
Bariatric instruments become available
retains TUV SUD America to complete ISO 13485 and audit.
New testing to increase MammoView sterilization life.
Sales still increasing.
2013
TUV SUD America stage 1 audit completed
COMING SOON......
95% Merger/acquisition
Audit 2 results
ISO 13485
CE mark
SNDY goes international
Nope I asked about once a day...
No pink, with FDA & CE mark trading under a penny.
Here's a challenge... Is there any pink that has both FDA and CE approval?
One of my favorite posts...
"The Market Makers are keeping the price low while the accumulate the amount of shares that they want. Once the target amount is hit the price will move up for them to sell into. Look for some news to come out so it will be even higher on every ones watch list, once awareness is achieved the price will be allowed to increase.Right before they are ready look for huge news. The cycle will then start over and over. That is how the market makers make their money."
-Joe C
Misleading, and untrue.
SNDY never said they will receive CE mark on the 16th of August.
Audit stage 2 : 8/16/13
Receive certificates: 2-8 weeks
Solos schedule has them receiving end of August.
Still haven't found a pink trading under .001, with FDA & CE mark on their medical devices... Anybody? Mmmmm will SNDY be the only one on the planet earth?
What's interesting is how far the PPS will go up after it hits a penny before merger/acquisition details are announced. This thing could really make some people a lot of money especially when the company is undervalued at this level. SNDY has the feel of a multi bagger, and 1000% gain in the next 2-3 months.
Did you see that merger rumor about Olea Medical? How about the executive who claims to be part of the solos endoscopy and Bard medical acquisition, those are huge. Buy on rumors, sell on news... Isn't that what they say? Mmmm
Well what's funny is I don't think TUV would audit and take SNDY this far if they where at risk of being involved with such activity. Plus like you said, no proof or documents showing SNDY, or me, the president of the United States of America are being investigated so that means no investigation. Thanks for the clarification. Yes it was immediately lifted after proper documents where shown. Your definition of the word "immediately" differs from mine, doesn't mean I'm wrong.
Because it was immediately lifted. I'm laughing at those that thought that the chill was the end of SNDY and they would never get CE mark because TUV wouldn't qualify them because of it. Lol, I mean, that is kinda true except that they had it lifted after proving they didn't do anything and where not part of any shady activities. TUV wouldn't take them if they had anything to do with it but instead they did because they didn't. Making them legit!
Please, I need an explanation why thoughts that SNDY isn't growing?
And the old Harry potter RS true story has been scaring little children since well 3 years. Thing is it has never happened. A lot has happened in 3 years and changed the company! If a company has grown, you can't compare it. You can't compare Apple computers now with the Apple before they introduced the iPhone. It's common sense.
Celebration is at CE mark & merger/acquisition , PPS fluctuation is no concern to me and I won't change my views because what the facts for a current mature SNDY tell me not a SNDY baby
Accumulation from the MM's are in the .0019-.0029 range. They may try and play some tricks and take out some weaker hands but bring it back up so that many can't buy.
Don't tell me that MM's don't manipulate or accumulate because its like saying that they are not in it to make money. They do it, it's been revealed and exposed, especially in penny stocks.
SNDY, you gotta love it, or you wouldn't be here!
Blame it on the changes made on the CE mark. It's been posted numerous times that small medical device companies suffers delays and cost increase due to changes made and requirements added that included increased technical data and shelf life on disposable products. To claim that and not mention the reason is misleading. SNDY is di not fail, they overcame and are now past those times. Years past RS, past delays, and overcame and lifted chill because they where legit. What is SNDY doing now that buying volume couldn't overcome? Did it stop it from going 80%? No sir, but somebody bought into that small fluff PR, imagine what will happen on the REAL PR. Kabooomage
This is the run toward the merger/acquisition.
A pink trading at .002's with FDA & CE mark?
My goodness, your talking about a company who has the ability not only to sell products in the US but the European nation & Canada as well, trading under a penny? Hell under 5 cents?
SNDY won't see trips, IMO...
When audit is complete, SNDY will have FDA, ISO 13485, CE mark, on over 200 products. Approved to market globally.Large companies in the EU will now start to target SNDY as a competitor and as a source to start marketing in the US. Especially if SNDY offers a more affordable product then theirs and have a well known product in the US.
New state of the art technology.
More affordable
FDA approved
CE approved (milestone)
"Roughly 30% of announced 2011–12 M&As had milestone clauses, while the potential value of milestone payments accounted for nearly half of the total potential value of those transactions. Acquirers will likely continue to use such milestone provisions, particularly in early-stage transactions where the perceived risk is higher."
http://www.ey.com/GL/en/Industries/Life-Sciences/Pulse--medical-technology-report-2012---Mergers-and-acquisitions---medtechdata
Milestone: a significant event or point in development.
A press release from Solos President or Vice President about Audit, ISO 13485, and CE mark on or shortly after 8/16/13 along with quarterly financials should bring in buying volume to raise the PPS. Many would like for the PPS to drop before this and load up for the run, but unfortunately they may not get there target price.
Nothing held back the PPS reaching 80% and nothing will stop it when the PR is released.
The question is will you have your shares when this happens.
GLTA
SNDY
SNDY still holding strong at support, looks like we are getting ready for some major movement (like we did before)
*FACTS FROM REAL SHAREHOLDERS*
*REAL FACTS ON PRICE MOVEMENT TO VOLUME RATIO...
Great DD
Looks like we have been warned over and over and over again that this stock will never go up because of all the diluted shares. Well according to the charts, if we compare price movement and volume the dilution is not hindering the stock price to run.
Lets go to bigcharts and see the facts for ourselves.
http://bigcharts.marketwatch.com/interchart/interchart.asp?symb=SNDY&insttype=Stock&time=20&freq=3
Once you open the link go to the left box click timeframe, then click chart range, then click 2 years.
Now lets look at volume and price movement. That is the telling story with the tradeable float. Slide your cursor on the bottom part of the chart and you will see for yourself the volume/date and price.
Date.............Price....Volume
Jan 27,2012 .0008 92,780,424
Feb 3, 2012 .001 138,243,856
Feb 10,2012 .003 148,966,600
Feb 17,212 .008 676,904,500
Total Volume 1,056,895,380 That is over 1 billion shares
traded in 3 weeks.
Float at this time was only 379,000,000
Date.............Price....Volume
March 9, 2012 .004 85,953,790
March 16,2012 .007 146,009,456
March 23,2012 .017 335,275,736
March 30,2012 .018 287,097,184
Total Volume 854,336,166 Over 3/4 million shares traded in
3 weeks and a 350% increase in price. Also remember we had big news that came out on March 23 that drove the price.
Float at this time was only 379,000,000.
Date...........Price....Volume
Feb 1,2013 .004 42,879,750
Feb 8,2013 .004 119,606,072
Feb 15,2013.006 103,673,360
Feb 22,2013.008 92,857,000
Total Volume 359,016,182, thats 58% less volume then the run we had from March 9th thru March 30th. Price increase of 100%.
Float at this time was 640,000,000.
A 41% increase in shares from the March 2012 run and yet the price moved just as easily.
Even the run up the July 18 went from .002 to .0038 on only 105,000,000 shares that day. Up over 80% and with a float of over 850,000,000 shares!!
These are FACTS that can't be dispelled no matter what anyone says. Yes the FACTS are they increased the O/S by 261 million shares during that time. But the FACTS also tells us those shares are not in the open market,(meaning when SNDY is selling these shares someone is buying them instead of them being just dumped into the open float of tradeable shares). If the float was that much bigger it would of taken at LEAST TWICE AS MUCH VOLUME TO MOVE THE STOCK PRICE UP ON THE RUN BACK IN FEBRUARY 2013.
I would agree with what many are saying about them diluting shares if they were being added to the tradeable float. The stock price would be very very hard to move up when you have a much larger float. But the FACTS shown in this chart with the price to volume ratio just do not support that the dilution will kill any run up in price. Sorry but it is simply the facts.
Yes SNDY has been selling shares but a lot of people on this board are buying. And this chart tells us that someone is buying them instad of them being dumped in the open market. Booper, Muff1, Blueski, Mgergo, Pennylanepam, Vert, Elcappy1, Frazier, Ichase01 and many others including myself have been buying millions of shares since February 2012. And the chart says exactly that.
Take care my friends,
Mike
95% of companies exit via acquisition
With FDA & CE Mark approval
impact of the CE mark approval on exit opportunities and valuation for early stage medical device companies
I agree Highflier, great post!
Quote:
We are starting to see why big money...
has been investing in SNDY. The payoff is going to come when they get the CE mark approval. I have been adding every week for that past 3 months. My share totals no longer matters nor do the group of guys that are in this with me. I know what I own and have waited patiently for the payoff to come with a merger or partner/buyout with another medical company.
There is a reason these smart investors/venture capitalist are spending BIG money buying SNDY preferred shares. Remember this, investors that buy preferred shares are buying into the future of the company. They know what is coming and are taking a stake in the company. How much money are we talking about? Well here is the break down.
I have put together a list of the shares and the amount of money SNDY received by going thru their financial since 2nd Q 2011.
In the 2nd Q 2011 SNDY sold 4,000 preferred B stock options for $40,000 in cash. Bottom of Pg.19 of 4Q 2011 report.
In the 4th Q 2011 SNDY owed a contractor $400,000. This contractor took $400,000 worth of preferred B stock options and then gave SNDY $55,000 in cash for the purchase of additional shares. Pg.20 of 4Q 2011 report.
In the 1st Q 2012 a consultant received 26,000 shares of preferred B stock options for payment due of $260,000. Also they sold 10,900 share of preferred B stock options for $109,000 in cash. The entire board of SNDY also gave up their 150,000,000 shares of common stock to take preferred B stock options as well. Pg.15 of 1Q 2012 report.
In the 2nd Q 2012 the company sold 38,580 shares of preferred B stock options for 395,800 in cash. Also an officer and director took 27,015 shares of preferred B stock options for the conversion of $111,240 owed to him. Pg.15 of 2q 2012 report.
In the 3rd Q 2012 the company sold 26,150 shares of preferred B stock options for $261,500 in cash.Also the president recieved 450,000 shares of preferred B stock options for $450,000 owed to him for the signing of an employee contract and personal guarantees to the company. Pg.15 of 3q 2012 report.
There is obviously some major players with really deep pockets that have heavily invested into the future of SNDY. In cash advances to company alone they have received $861,300. Over 3/4 million dollars. Not to mention the contractors, consultants, and one officer receiving shares for money owed, in the amount of $771,240. Actually more cash money went into SNDY then people taking stock options as payments. That should say a lot. So we see that $1,632,540 in cash and stock option payments have been invested into the future of SNDY in a very short time. There is no one that is going to invest this kind of money into SNDY without knowing the payoff will be rewarding.
The thesis has been out for a few years and was one of the reasons while doing my DD that led me to buy so many shares of SNDY. One of the things that caught my attention a year ago in the thesis was at the end of page 52 and the first part of page 53. Here they are talking about venture capital investors buying preferred stock. And that is exactly what I saw with all the money going into SNDY with these investors buying preferred stock options. Also take a look at the last 2 paragraphs on page 83 and the first part of page 84. That is what SNDY did over the past 14 months, got cash flow positive and and reduced almost all debt.
I've been saying this company is in a quiet period and when it is time to release news they will. I'm glad they are not throwing out fluff PR's. It is giving me plenty of time to continue to buy more shares. I will stick by what I have said for the past 15 months. My money is invested into the future of SNDY and I believe my pay off will be well rewarding.
Take care my friends,
Mike
Yup, well said....
Well I believe you answered your own question awhile back... But I know also we've answered that a million times. Just go to previous posts. Can we talk about something else already?
Solos bought by Siemens for $1000000000000000000.01,
COULD HAPPEN AND IS VERY POSSIBLE! Lol do your DD
Lol
Lol come on brudda, FDA and now CE mark, with 95% exit M/A
And your concerned with a what?
Lol during those times SNDY was at the trips for months before they decided. Lets be honest here, your not worried at all about it, or you wouldn't be telling us your gonna load up at lower levels.
Hey it's 2013, halfway to 2014. Lol
SNDY is not a wee baby anymore
Still at .0023, lol SNDY still holding strong :)
NITE on the bid and ask, with his buddy CSTI on the bid as well lol
SNDY still holding strong lol
I'm sorry but with so many flippers here I can't give opinions posted by them credit. That's me though.
SNDY as a company will succeed because they have gone so far in the CE initiative and invested too much. Merger/acquisition without CE mark the company will not qualify standards set by the larger company's.
It would be idiotic to destroy the company weeks away from ISO 13485 & CE mark. Lol that's my "IMO"
Bid increasing and the MM's trying to hold it down.. That wall won't last forever lol SNDY is gonna break through!
Strong support at this level, trend upwards has begun!
Repeated posts about anything more than 2 times within a day will be considered spam! Just a warning to everybody!
I can see clearly now what is going on here, SNDY is being accumulated at these levels $$$$$
SNDY = ISO 13485 = CE mark = M/A= $$$$$$$!$$
That's the formula folks!
sky isn't falling and that SNDY is the real deal.
Still haven't found a pink with FDA & CE mark trading under a penny pen pen! Um add little debt!
SNDY VERY UNDERVALUED!
COME ON, YOU TELLING ME SNDY FIRST ONE EVER?
OH SO WHERE ARE THOSE COMPANIES NOW?
95% SOLD FOR MILLIONS OR MERGED WITH ANOTHER
AND THE 5%? TRADING OVER .06 IS THE ONLY ONE I CAN FIND... AND THAT WAS TOUGH
Within the next few months, key word "within"
after stage 2 (8/16/13) min 2wks max 8wks
Thats from TUV - THEY ARE THE ONES PROFORMING THE AUDIT
That means SNDY schedule on there site is still accurate. It has them recieving CE MARK 2 WEEKS AFTER STAGE 2.
SNDY IS CHUGGIN ALONG MAKING IT TO ITS BIG SHOW
*REAL FACTS ON PRICE MOVEMENT TO VOLUME RATIO...
Great DD
Looks like we have been warned over and over and over again that this stock will never go up because of all the diluted shares. Well according to the charts, if we compare price movement and volume the dilution is not hindering the stock price to run.
Lets go to bigcharts and see the facts for ourselves.
http://bigcharts.marketwatch.com/interchart/interchart.asp?symb=SNDY&insttype=Stock&time=20&freq=3
Once you open the link go to the left box click timeframe, then click chart range, then click 2 years.
Now lets look at volume and price movement. That is the telling story with the tradeable float. Slide your cursor on the bottom part of the chart and you will see for yourself the volume/date and price.
Date.............Price....Volume
Jan 27,2012 .0008 92,780,424
Feb 3, 2012 .001 138,243,856
Feb 10,2012 .003 148,966,600
Feb 17,212 .008 676,904,500
Total Volume 1,056,895,380 That is over 1 billion shares
traded in 3 weeks.
Float at this time was only 379,000,000
Date.............Price....Volume
March 9, 2012 .004 85,953,790
March 16,2012 .007 146,009,456
March 23,2012 .017 335,275,736
March 30,2012 .018 287,097,184
Total Volume 854,336,166 Over 3/4 million shares traded in
3 weeks and a 350% increase in price. Also remember we had big news that came out on March 23 that drove the price.
Float at this time was only 379,000,000.
Date...........Price....Volume
Feb 1,2013 .004 42,879,750
Feb 8,2013 .004 119,606,072
Feb 15,2013.006 103,673,360
Feb 22,2013.008 92,857,000
Total Volume 359,016,182, thats 58% less volume then the run we had from March 9th thru March 30th. Price increase of 100%.
Float at this time was 640,000,000.
A 41% increase in shares from the March 2012 run and yet the price moved just as easily.
Even the run up the July 18 went from .002 to .0038 on only 105,000,000 shares that day. Up over 80% and with a float of over 850,000,000 shares!!
These are FACTS that can't be dispelled no matter what anyone says. Yes the FACTS are they increased the O/S by 261 million shares during that time. But the FACTS also tells us those shares are not in the open market,(meaning when SNDY is selling these shares someone is buying them instead of them being just dumped into the open float of tradeable shares). If the float was that much bigger it would of taken at LEAST TWICE AS MUCH VOLUME TO MOVE THE STOCK PRICE UP ON THE RUN BACK IN FEBRUARY 2013.
I would agree with what many are saying about them diluting shares if they were being added to the tradeable float. The stock price would be very very hard to move up when you have a much larger float. But the FACTS shown in this chart with the price to volume ratio just do not support that the dilution will kill any run up in price. Sorry but it is simply the facts.
Yes SNDY has been selling shares but a lot of people on this board are buying. And this chart tells us that someone is buying them instad of them being dumped in the open market. Booper, Muff1, Blueski, Mgergo, Pennylanepam, Vert, Elcappy1, Frazier, Ichase01 and many others including myself have been buying millions of shares since February 2012. And the chart says exactly that.
Take care my friends,
Mike
95% of companies exit via acquisition
With FDA & CE Mark approval
impact of the CE mark approval on exit opportunities and valuation for early stage medical device companies
I agree Highflier, great post!
Quote:
We are starting to see why big money...
has been investing in SNDY. The payoff is going to come when they get the CE mark approval. I have been adding every week for that past 3 months. My share totals no longer matters nor do the group of guys that are in this with me. I know what I own and have waited patiently for the payoff to come with a merger or partner/buyout with another medical company.
There is a reason these smart investors/venture capitalist are spending BIG money buying SNDY preferred shares. Remember this, investors that buy preferred shares are buying into the future of the company. They know what is coming and are taking a stake in the company. How much money are we talking about? Well here is the break down.
I have put together a list of the shares and the amount of money SNDY received by going thru their financial since 2nd Q 2011.
In the 2nd Q 2011 SNDY sold 4,000 preferred B stock options for $40,000 in cash. Bottom of Pg.19 of 4Q 2011 report.
In the 4th Q 2011 SNDY owed a contractor $400,000. This contractor took $400,000 worth of preferred B stock options and then gave SNDY $55,000 in cash for the purchase of additional shares. Pg.20 of 4Q 2011 report.
In the 1st Q 2012 a consultant received 26,000 shares of preferred B stock options for payment due of $260,000. Also they sold 10,900 share of preferred B stock options for $109,000 in cash. The entire board of SNDY also gave up their 150,000,000 shares of common stock to take preferred B stock options as well. Pg.15 of 1Q 2012 report.
In the 2nd Q 2012 the company sold 38,580 shares of preferred B stock options for 395,800 in cash. Also an officer and director took 27,015 shares of preferred B stock options for the conversion of $111,240 owed to him. Pg.15 of 2q 2012 report.
In the 3rd Q 2012 the company sold 26,150 shares of preferred B stock options for $261,500 in cash.Also the president recieved 450,000 shares of preferred B stock options for $450,000 owed to him for the signing of an employee contract and personal guarantees to the company. Pg.15 of 3q 2012 report.
There is obviously some major players with really deep pockets that have heavily invested into the future of SNDY. In cash advances to company alone they have received $861,300. Over 3/4 million dollars. Not to mention the contractors, consultants, and one officer receiving shares for money owed, in the amount of $771,240. Actually more cash money went into SNDY then people taking stock options as payments. That should say a lot. So we see that $1,632,540 in cash and stock option payments have been invested into the future of SNDY in a very short time. There is no one that is going to invest this kind of money into SNDY without knowing the payoff will be rewarding.
The thesis has been out for a few years and was one of the reasons while doing my DD that led me to buy so many shares of SNDY. One of the things that caught my attention a year ago in the thesis was at the end of page 52 and the first part of page 53. Here they are talking about venture capital investors buying preferred stock. And that is exactly what I saw with all the money going into SNDY with these investors buying preferred stock options. Also take a look at the last 2 paragraphs on page 83 and the first part of page 84. That is what SNDY did over the past 14 months, got cash flow positive and and reduced almost all debt.
I've been saying this company is in a quiet period and when it is time to release news they will. I'm glad they are not throwing out fluff PR's. It is giving me plenty of time to continue to buy more shares. I will stick by what I have said for the past 15 months. My money is invested into the future of SNDY and I believe my pay off will be well rewarding.
Take care my friends,
Mike
Yes good post I agree Ichase01
Posted by: lchase01
In reply to: Hulk Hogan is God who wrote msg# 59133 Date:7/24/2013 8:56:21 PM
Post #59148 of 59165
The 16th is the day scheduled for Audit 2. No one said it was the date for the CE mark. August 16, as I have stated before, is not a magical date for some huge increase for the share price. In fact, we will probably see no or little change in the share price that day.
The audit is not being televised nor broadcast on the internet, as far as I know. The audit begins on the 16th, not ends. We have no idea how long it will take.
As for the phrase "in a few months,' that has been explained before
SNDY's plan for merger/acquisition
I may have some things out of order and missed some stuff but you can get an idea. I'm on my iPhone so can't go into to much detail....
It starts with an idea and a plan.....
Gather market data focus on demand
-FUNDS NEEDED PHASE 1
Establish research and design
Develop design and technology
Make cost efficient and affordable
-FUNDS NEEDED PHASE 2
Patton and trademark device(s)
Add key company's to the team
Develop key contacts in the industry
-FUNDS NEEDED PHASE 3
Market to medical schools and training facility's.
Receive FDA approval
Continue R&D to stay with the demand and up to date
Establish recognition of solos name by going google
-FUNDS NEEDED PHASE 4.a
Global distribution
CE mark initiative begins
Start process to receive ISO 13485
Expert resources hired
R&D continues
Marketing in US continues
Reduce debt and budget
Warehouse/contractors established
Developed new devices
*******DELAY, EU makes changes****
SNDY needs to make changes while still keeping afloat
-FUNDS NEEDED PHASE 4.b
Make the changes to product/devices
Gather technical data (2 years)
Continue R&D
Schedule stage 1 audit (pass)
Schedule stage 2 audit (8/16/13)
This is what I believe will be next...
Pass stage 2 audit
Receive ISO 13485
Receive CE mark
This is when big $ is offered
95%
Announce merger/acquisition
That's how close we are.
Expert resources would not schedule a audit if they didn't believe that SNDY would not pass, hence there 100% success rate. SNDY will be a more efficient, better managed financially , and ready for distribution globally with technical files in many languages. The value of the company will increase therefor the pps will increase. Simple as pie
ISO 13485 will be awarded, then 2-8 weeks for CE mark - from TUV website
That just shows the company's that could also have an interest in gaining solos endoscopy's R&D. All eyes will be on solos come August!