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A little interesting stat:
According to iData Research, Inc., in 2012, the markets for spinal implants in the United States and in combined major European markets were $5.3 billion and $1.0 billion, respectively.
Now since amda is only in europe ,so far for spinal implants, consider that the us market is 5 times bigger ...and this is the 510k now... Do you se what i am thinking..
glta
Large and smart money would not short a 0.25 cent stock (8 million cap)...with many bears working hard to spread their doom and gloom, its obvious they want the stock...GLTA longs
Everyone is missing what is the big news today:
Of course earnings and 510K are big for the company but....
I feel the buggy is that they will announce that the Dawson warrants have been converted mostly...about 95% ish... This is what made the stock drift down from $5.00 -- coupled with incorrect perceptions of the convertible debt but the Dawson warrants was the main factor...... The Dawson warrants is the huge overhang.... I think has lifted..and this alone should add significant value...and remember the company knows the exact status on this... With recent trading volumes the discount debt holder can be taken out in a couple weeks of trading and then that is gone... Also it looks like dilution from the discount debt may be a lot less than expected as they have not sold much at the lows...
This is just my opinion (using tea leaf reading and some crystal ball granted) but to me it looked like today maybe about 7 or 8 million new shares were issued on the warrant exchange ... and if I am correct the price has held up pretty good on the first day they are available and free trading.....
I added 25% more today....
Remember also, that if a massive block of warrants just converted, some of those newly issued shares will come on the market ....and some will be long term holders.... and some will wait for FDA...this is good as it create some liquidity here instead of shooting straight to $2.00.....
what do AMDA shareholders have in common with Aztek King Montezuma?
Answer: both have buried treasure in Salt Lake City Utah....
(David McNew, 2009 Getty Images)
(David McNew, 2009 Getty Images)
Amber snail in close up (Utopia_88)
Amber snail in close up (Utopia_88)
Mexicans Flock To Pyramid Of The Sun On Spring Equinox (Susana Gonzalez, 2003 Getty Images)
Mexicans Flock To Pyramid Of The Sun On Spring Equinox (Susana Gonzalez, 2003 Getty Images)
The Aztec Emperor Montezuma II (1466-1520) in Chapultepec, oil on canvas by Daniel del Valle, 1895, Mexico, 16th century (De Agostini Picture Library)
The Aztec Emperor Montezuma II (1466-1520) in Chapultepec, oil on canvas by Daniel del Valle, 1895, Mexico, 16th century (De Agostini Picture Library)
(Dan Kitwood, 2014 Getty Images)
(Dan Kitwood, 2014 Getty Images)
KANAB (ABC 4 Utah) - Historians say the richest cache of gold is hidden in southern Utah and that it's buried deep within its caverns. Hundreds of people have explored land and water to find it but still, to this day, nobody has gotten close to Montezuma's treasure.
that trade will help you pay for the fuel for the grumman... like 40 gal per hour...
0.22 looks like the warrant conversion price... I noticed a 300k dump in the last few minutes of trading yesterday but it did not go below 0.22 .... JMHO....
not much selling at these lows (not surprisingly) ....except maybe by Dawson...but even they will likely save their sells to the end of the day more, and especially on the day they target for a big exchange.....
I think most (85% percent) of the cashless warrants will be exercised within 8 to 10 days ......Likely there will be a lot of bashing as a result as they are looking for that one nice low close day to base the cashless exchange on ...... Not sure what the powers will let them get the price down to for the exchange ...but I think after they exchange it should spike right back up to around .30 isn ....even though the new shares can be sold I believe...This event should relieve the market... JMHO...at any rate we are undervalued and in time price should move towards fair value...
question om the cashless warrant shares:
Since the formula for the number of shares uses the closing bid price average from the last two trading days, could they not just massively hammer the bid just before closing to 0.01 ...and then pretty much double the number of shares they can issue on the cashless exchange? Can the company protect against this? Maybe some of you know, but I was thinking the only deffense would be to have a massive bid ready to jump on any last minute manipulation like described... I am not totally sure how this works but just wondered if anybody know..
Read Prroxy Statement Proposals 1.2.3
available on the company website now. IMO if you read the proposals, which is the part voted on, and then just skim read the rest, since it is quite long, you will get the important parts. Read the proposal part a few times to really understand it ,,This was just put up on the company web site recently , and also contains some hidden nuggets of useful info...I recommend any serious investors here to take the time to study this info, that is there now...
May 7 first quarter results, may 12 to 15 fda results, may 21 annual meeting.....so three big days coming up... noone has mentioned the annual meeting on may 21 .... this could be significant also, as all the parties involved in the convertible and redeemables, and general debt will show if they have any activist tendencies..and maybe some new corporate bus development news... would be a good date to announce all debt has been converted and moving foreword..
The company, Hercules, Dawson James , Magn...(left retail off sorry)..
Who welds the power ... do they have a unified thinking/plan...or are they jostling for control behind the scenes... are they after votes or big equity upside, Does the ADMP C-suite have shareholder rights at heart... How many single , double and triple head fakes are going on here....and lastly does anyone know for sure the answer... could the party who thinks they are in control get head faked themself here...The good news is management seems to be focusing on the business and not the financial side show... do your dd so you understand the game...
Tech companies beware, Hercules into vulture capital now..
IMO tech companies should think twice about borrowing money from Hercules as they have added new much more aggressive and questionable business strategies. ..I would highly recommend tech companies study and try to understand their recent investment in AMDA, as an example, in this regard,...
Early payment is common at Hercules:
This is from their most recent CC on th 4th qtr.
"As you could see the fourth quarter for Hercules was a tremendous fourth quarter for ourselves and we had anticipated a very healthy fourth quarter but not to these levels. Driving our core investment yield during the year was unprecedented levels of early prepayments. These repayments served to increase any unamortized fees as well as trigger prepayment penalties that may be realized upon the repayment of these loans that occurred early. During fiscal 2014, we had approximately $358 million of early prepayments that took place of which a $147 million alone occurred in the fourth quarter."
Hercules is public and their CC's and filings are public info...
BTW I am hoping AMDA can refi with Hercules also , for much better terms...
Important Message to Management:
If the company needs financing in a year (or sooner) they should contact Knight Therapeutics (GUD) in Toronto ...GUD has about $300 million set a side to invest in healthcare companies -- and on quite reasonable terms.. You see there partial strategy also is to secure market rights for the Canadian market (or sometimes other markets they are in) for products from the companies they invest in... I am familiar with them and will be meeting them soon, and will mention about AMDA... and lastly, I am sure you know, but stay away for sure of the type of spiralling convertible loans you have done in the past -- BTW which I think are behind the company mostly now...
whats the scenario if 510k in not approved....
Just based on some research this afternoon, for the first time, to me it looks like a "no go" would be a delay only...I have heard many say its over with this ... but with a no go revenue for 2015 would still be over 20 million I believe and the new pathway to approval would be laid out .... To my thinking, with a good first quarter result, and a "no go" delay on 510k, the stock should still go up from these lows...
Another thought I had is maybe the recent buying at the lows recently is from a potential suitor ... either financial or pharma co... Sadly the stock structure appears to have made the company vulnerable to manipulation and possible a suitor is opportunistically buying shares now... just a thought...
All investors should do patent searches on GTX insoles...It is easy and is great for confirming what tech they have that is proprietary ... You tube has videos that show you exactly how to do patent searches and you really should take the 15 minutes to learn how and get to know more about GTX Corp.. Youtube will show you they are several easy ways and one uses just a basic google search , and another uses espacenet --which gives you lots of control over picking countries etc... in 10 minutes on google I read one GTX patent that had the following text (which helps understand the tech and what GTX has patented):
"The invention facilitates tracking a wearer within a predefined space (e.g., a patient care facility) using the short-range tracking device, and tracking the wearer with the long-range tracking device when the wearer leaves the predefined space. In an example embodiment, the tracking device is contained within a pair of removable footwear insoles, with the short-range tracking device disposed in one of the insoles and the long-range tracking device disposed within the other of the insoles."
Really if you invest in any tech you should be doing your own patent searches as it tells you a lot about the company , and quickly, and greatly help make an investment decision...
I am impressed at the very smart and patient accumulation in this stock...over the last several weeks......5/15/15 will be the date this moves up IMO..
I personally think this company will be bought out by a healthcare company servicing the mental illness field....IMO the market cap is a joke here..but I realize risk is still present.... BTW one of my favourite actors, Jack Lord passed away due to this illness...I remember hearing that prior to his passing he was always wondering away from his house and getting lost , in Hawai where he retired..It was a big problem for his wife... Actually GTX should maybe consider contacting his widow, if she is around, to endorse or support the GTX product...
from Atlant FW web site:
Atlantic Footcare has also become a leader in wearable technology development with several new product innovations that have embedded electronic components. From GPS to BLE chips to pressure mapping and even fall prevention devices. Let us help you design the next wearable device.
yes and greeting to you sir...GLTA...
http://www.prothotics.com
web site to Atlantic footwear...
Atlantic Footware of Rhode Island owns 10.7% of company with 22.5 million shares..See the latest 13-g filing to see this... this looks very positive as they appear to be a industry company and possibly a company with better insight has taken a significant position in co....
no news today so I assume it was not accurate -- as far as the buyer....
good news on the California insurance coverage --- game changing possibly ... IMO also it de-risks management a lot..answering if they can execute on their business plan for example... and lowering general management risks...GLTA... Also heard some other news about a new big buyer of the stock...
Apparently another American medical company is listing on the Canada Venture exchange also -- and it is being brought forward by the same American Private Equity team that brought the American company PHM to the Canadian venture exchange... This is VERY TELLING, and a huge tip for GTXO --- it would be a very smart move to dual list (or even exclusively list ) to the CDN venture... The reasons are there in black and white as to why this would be very strategic and value adding, I do not want to give all the reading here now...
GTXO would likely trade 10X on the Canada Venture exchange now .... and this is backed up by PHM... another US med monitoring company...
Patient Home Monitoring -- $50 M to $245M cap in 6 monthes..
This is PHM on the Toronto exchange but the company is US based...
Market cap has exploded in last six months -- relevant for GTXO on many fronts..
Note there is a very active PHM message board on Stockhouse.com...
I will do a comparison with GTXO when I have time...but on the surface they are similar in several ways ... monitoring older or disabled patients... compare 4m (GTXO) to 245m (PHM) market cap and phm has only about 10 mill rev i believe as it is also basically a start up company......
Thanks Bernardo for the table .. will be fun and will be there...
Yes 8 sounds about right .. and this is good for the "friendliness" aspect.... I have reviewed a lot of micro caps and this appears the best OTCBB opportunity I have reviewed overall... The CEO interview video was interesting ...in the end he talks about future advancements and further developed uses of the "in sole" sensors -- like body monitor sensors ... and he called the foot a "gateway" of body function sensing ... If their IP is relevant to new sensing tech (As I think it probably is or it can be expanded to cover) this would likely combine to rapidly expand the value inherent in GTX IMO....This is why I really like the fact they have 80 patents and are experienced already in the patent protection processes.. The video interview made it clear that the IP and both current and future sensor uses are in focus by GTX.....pretty scary potential IMO... When I have time Ill look at their patents a little closer and report...
Shareholder friendly management questions:
Based on my DD the management seems quite SH friendly...With OTC stocks dilution is one of the biggest concerns....convertible debt, salaries for debt, side deals for shares etc... On a scale of 1-10 how do you think we fair here -- 10 being tops?
Just my guesstimate but I am thinking the share price will go up slowly and then gap up with next good sales reports... With employees taking stock as payroll, and at such low prices, these usually end up getting sold to pay grocery bills...and hence the drag on price.. would be nice if it could gap up to 0.05 so that future dilution for salaries is reduced...JMO..
lets meet in Germany on Octoberfest some year, after things take off nice for GTX ...to celebrate with some pints...curious but how did you find out about GTX? Glad you found it...
VNRX broadens its research to other cancers:
The latest tests just released (see entire release under the news section above) showed nrrx could differentiate between colon and rectal cancer even though close proximity...very impressive as it shows how sensitive the tests are and that different caners give off different signals.. Now they are testing prostate and lung cancer... I do not want to sound too promotional, but can you imagine if they can detect the major types of different cancers in one simple blood test taken at the same time you do your other regular blood work at annual check up...... this is what close followers (including me) are hoping and watching for..
it makes sense to me, if someone is focused on building the actual business (and perhaps does not know the stock markets intricacies (or want to)) that they hire someone specialized here... To me what has happened to other BUYIN customers means nothing to what will happen to ADTM..... Get Real..
imo he was communicating to institutions on inside monkey .... He called it a 6 bagger but what do you think he really thinks ??.... He can not make the bag number too high or institutions will thinking he is hyping or exaggerating... but what if he really thinks its a 25 bagger? well just would mean more upside... I am thinking the hedge thinks its a much bigger bagger than 6... but toned it down...
your scenario after conversion is a possibility, but prior to setting the conversion price they usually want stock down so they ultimately convert into more shares.... and any selling, either through declared or undeclared shorts, or just selling own inventory of shares this will keep stock down and yield more shares on conversion...
They probably got their hands on a block of stock (either open market or from company), and are just selling it into the market at certain times to make those low stock trade data points used to calculate conversion prices ... would be pretty easy ... not sure of the legality but it would be very hard to prove manipulation probably...