"I know that I know nothing","The only thing I know, is that I know nothing"
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Have to see. But a lot of eyes will be on it at that point. Honestly, if it goes the distance, the float or OS wont matter. We all will make tons of money in due time.
Dude has been making it seem like he has some debt on the shell that is making it hard for him to sell. If all he needs to do is get this current, not sure who would not want to take this shell?
Wonder when that happened. In terms of him buying it off Newbauer. I agree, not sure why he hasnt brought it current. Unless, he wants someone else to do that.
I do not think that low because they plan to make a profit. But it definitely will go low.
I have reached out, but from what I heard or thought, he doesn't have the money to bring this back. So, not entirely sure how he bought it off Newbauer? But I could have something wrong. This should have been trading a while ago
Dang. You are correct. Dude. My ability to do arithmetic has plummeted. Yeah. We should see it anytime.
I thought that there was a 6-month restriction. But yes. And the deal was struck July 3. So, I am expecting some fun next month. Not in a good way.
How else do you fund this? 10k shows Valerian took some shares as well for $25,000.
He doesn't. Clearly
Talking about money? Filings and PRs aren't the only thing he is paying for. Toxicity study will cost money, the extension of the patent costs a lot, cost for the lawyers, expenses for flights, stays, etc etc
Well documented, yes. Lot of salary and bonus, but that was well established. He is getting a pretty nice salary with every deal he makes.
OMG WE GOING TO $5000 PPS, WATCH OUT ABOVE!!! GO GSTC
Well, we got to .0015, which was nice. Just have to see if we carry the momentum.
So you went on that long statement all to say that you are too lazy to do the work you think should be done. Well done, hahaha.
Thanks for the breakdown chief.
Nice simple website. Love those videos. Didn't see those before.
Well, it's important to show that they have the stake in the new company, no?
Looking yummy
I have no clue. This has nothing to do with the audit, or I would expect it not to seeing this is a 2024 matter and shouldn't reflect on the audit that is currently now for 2021, 2022, 2023. I think we can look at this as a means of getting the North American property up and running quickly without in any way hurting the current company. Imagine, you have to start excavating, removing overburden, have all the equipment, pull the money layer to find out it aint shaking out as well for whatever reason. It does provide shielding from the current operating company (not saying this would be the case, I am just going over theories in my head).
The other idea is to allow the heap leeching ponds to be worked on for the next 3-4 months, getting whatever funds required to use for the north american mines. Currently, the contract that I know is only for the Talawaan project. This leaves Aleson with some other contract of what Nils has. I imagine he would be able to use these funds for North American project, whilst still moving cash from the Talawaan to the heap leeching project. So, essentially, he could just take whatever monies he has from the heap leeching and move it.
Then, just lease equipment that you can and make purchases required for the mines in North America (although he said they purchased mines already gold producing). Maybe none of these are good enough nor enough money to get the North American project ready in time for thaw. No matter which way they go about it, they will be required to raise funds for the North American project if they plan to do something this year.
In regards to offering, I have no clue. I would expect there should be no offering for BMXI until the audit is completed. Unless, there was some talk of an offering for maybe this North American project.
I do not think anyone is getting paid. It's a transfer allowing Nils to raise capital for the North American mines without diluting current shareholders in BMXI. Smart solution, plus we get some shares out of it, which in this case is like getting free cash.... just in shares.
Correct. But having a surplus in net income that is consistent, and cash that starts to become cleared for parties within Indonesian as capacity and land increase is massive. Right now, not many companies run well in this industry before crashing down, taking on too much. Whereas, this company is extremely healthy and producing consistently. They are in cash in case the site, production quality, or land suffers and they need to seek out more land. They aren't in an unhealthy situation where they have leveraged themselves too much.
One problem is being able to use the Talawaan funds outside of Indonesia where it can be used to expand. I guess that is where Nils will have to come up with some magic to continue to expand. Price of product is high, hopefully costs to obtain product continues to be low. The value of this operation by any means is highly undervalued comparatively to other operations that continue to operate at a negative regardless of size.
Looks like with those funds that cleared, that they can only use "in situ", they can use to reopen that mine. That will bring in some nice money flow as well.
Look at SDRC. That has a negative net income and somehow running at a $141,000,000. Probably will get out of that hole quickly but makes you scratch your head.
It's a good question. The thing is that this type of technology places some of the work on the patient. It's less time to the doctor, so they can work on other procedures that require in-house visits, while saving the patient time and money making a trip out to the office every time, they need to change mold. Saves on equipment and cost of consumables. Now, remember, there is a technology where the doctor still has to be present at some capacity to make sure things are done correctly and sign off.
Omolive may have more information than I do about this. I am not sure if the company itself with be the intermediary between the patient and the offices, allowing patients to phone into specialists of Aerodontis to make sure the changes and adjustments are made correctly. Or, they would have to phone in and make a reservation with their place of practice for a shortened period to make changes. Regardless, that's where dental insurance comes in. Not sure how that would honestly work. If the doctor would charge full price for their time to the insurance, or it would be a specific or specialized "procedure" so that there was only so much out of pocket someone would have to pay.
I assume here in lies the importance in selling this product to orthodontic offices. Do the doctors actually care about your smile or not, haha.
We will soon enough. I wasn't aware that "Smile Direct Club" shutdown. They were serving 2 million customers at some point.
The technology will allow them to have remote sessions with their users limiting the time people have to spend in the dental office. That's a pretty large and significant change.
Dror Ortho-Design, Inc. Files Three New Patents for its AI Based Smile Correction Solution
NEW YORK, NY / ACCESSWIRE / January 8, 2024 / Dror Ortho-Design, Inc. ("Dror" or the "Company") (OTC PINK:DROR), an AI-based orthodontic platform company that has developed a proprietary solution to correct people's smiles by straightening teeth using pulsating air delivered by a single custom-made smart aligner, today announced that it has filed three new patent applications with the U.S. Patent and Trademark Office ("USPTO") related to its advanced method of allowing customers to use any smartphone to scan their smile for analysis and remote dentistry. The three new patents are: Teeth Alignment Status Test Based On Mobile Device Videography, Self-Supervised Depth Map Algorithm for the Detection of Teeth Occlusions and Gaps, and Generating Final State Teeth Aligner with Balloon structure for 3D Printing.
These patents revolve around the use of video from a smartphone, which is 2D, and creating 3D models of the customer's mouth using the Company's AI platform (the "Platform"). This process is intended to allow the Company to provide customers with remote dental monitoring to keep track of their progress using the Smart Aligner. In addition, the Company plans to use these AI-generated 3D models to support scalable and cost-effective production of custom 3D-printed smart aligners that enable customers to correct their smile while they sleep.
Existing aligner solutions generally share the same treatment principles, which are different from Dror's solution. In most cases, customers seeking to improve their smile need to undergo a nearly year-long process of wearing plastic aligners, which must be worn the entire day and removed only while eating or drinking. Over time, customers are prescribed a series of aligners that are intended to forcefully move teeth progressively closer to their intended final position. This process may cause painful adjustment to each new aligner and is intrusive, as customers need to conduct their lives at work or school wearing the plastic aligners.
Dror intends to take advantage of recent rapid advancements in technology that have made traditional aligner solutions no longer the most effective treatment option for smile correction. Dror has developed a Platform to correct people's smiles in a discreet and gentle manner. The Platform uses only a single smart aligner to gently move teeth into their optimum position with pulsating air while the patient is asleep or at home.[DA3]
"We are pushing the envelope to bring the market a unique solution that will allow people to correct their smile while they sleep. With the recent demise of Smile Direct Club, the public is clearly demanding something different than what is currently available in the traditional aligner market. We intend to work closely with dental professionals to provide our solution to millions of people who want to correct their smile while they sleep." Said, Dror CEO Lee Haddad.
About Dror Ortho-Design, Inc.
Dror Ortho-Design, Inc. is an AI-based orthodontic platform company that has developed a proprietary solution to correct people's smiles by straightening teeth using pulsating air delivered by a single custom-made smart aligner. Dror plans to disrupt the aligner market by offering millions of people a revolutionary alternative to traditional aligners. The Company believes that people do not need to change their lifestyle to correct their smile as they are required to do with existing aligner solutions. Rather, we believe that our solution will be able to provide customers with a discreet and hassle-free way to improve their smiles, even while they sleep.
For more information, please visit: www.aerodentis.com
Forward-Looking Statements
Statements made in this news release may be forward-looking statements within the meaning of federal securities laws that are subject to certain risks and uncertainties and involve factors that may cause actual results to differ materially from those projected or suggested. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to: (i) the ability of Dror to obtain funding; (ii) the ability of Dror to attract and/or maintain manufacturing, research, development and commercialization partners; (iii) the ability of Dror and/or a partner to successfully complete product research and development, including preclinical and clinical studies and commercialization; (iv) the ability of Dror and/or a partner to obtain required governmental approvals; and (v) the ability of Dror and/or a partner to develop and commercialize products prior to, and that can compete favorably with those of, competitors. Additional factors that could cause actual results to differ materially from those projected or suggested in any forward-looking statements are contained in Dror's most recent periodic reports that are filed with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, and certain Current Reports on Form 8-K. Dror assumes no obligation to update and supplement forward-looking statements because of subsequent events.
For further information, please contact:
Lee Haddad, CEO
Phone Number: 972-54-666-4449
Email: Lee@Aerodentis.com
SOURCE: Dror Ortho-Design, Inc.
Did anyone see the NEWS that was dropped about 3 new patents? https://www.otcmarkets.com/stock/DROR/news/story?e&id=2734339
Watching and waiting. We are at that timeline where this should get real very quick.
That must mean massive news is coming 😅
From that statement, seems like they already know the name for it.
This is going nowhere. You should sell and take the L.
The thing is, we haven't been made aware if the company has already or in plans to resubmit for medical device approval. Not sure how that goes but would expect to know when they do that so we have a rough estimation as to when we would expect to hear back with disapproval or approval. So, right now, not sure where we are with that.
Looks like our partners, AIP (Advanced Innovative Partners) new website is live https://advancedinnovativepartners.my.canva.site/.
Had been down for quite some time. No big deal but nice to see.
Dude is either on the inside, or was a past forensic IT Specialist for the FBI haha
As long as it touches tips or it docks
Not entirely sure what you mean?
So, I guess he isn't presenting, and they should remove GSTC.
Honestly, the guy knows. Some things I honestly do not care about. But I think many are also correct to bring in Farley or whomever has had direct dealings with setting up and communicating with, FDA, CDSCO, company handling the toxicity study, etc. Someone who has the scientific know how to communicate the more complicated information. Jim has done a wonderful job of getting very capable people together and things we do not know behind the scenes, but I think having Wisnecki or Farley there would be a great help.
Would be smart to get Farley in there as well. The person that is essentially taking lead of this process should be speaking.
Correct. I was getting caught up with the lingo. We are solid here. If we do get a RS, honestly, I think it will be pretty small. These guys do not want to RS large, that hurts everyone
Seems from their statement that someone likes it because they are being asked to dive deeper. We will see.