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Ninj,
I like the $14.56 price angree with the book value multiple
of of 4. But hat does not a include the growth multiple for years 1,year2, year 3,year 4,year 5 for a company growing at a 50% rate as mentioned on the Russian sales estimate given several years ago.
It seems that the Russian were growing at the number of
surguries by about 20% per year 8,000 surguries to 10,00
surguries thus far unless the numbers have changed.
Does anyone have a handle on the present Russia nnumbers
year 1 estimated multiple 4
year 2 estimated multiple 6
year 3 estimated multiple 8
Year 3 estimated multiple 10
year 4 estimated multiple 15
year 5 estimated multiplr 20
I hope you are right with the $14.56 price and I am wrong.
I know ISRG blasted off from $6 and hit almost $350 per share in about four years that has a PE of about 40 times earnings that is a surgery robot with nowwhere near the 80 different types of surguries contempated and over 50 million surgeries done in the U.S. per year nalone not including the EU that is over double that number.
LTC will make their revenues from the sales and licensing
of their equpment,training,and the sales of disposable tools
I know my friend needs an intestinal operation to seal
a hoe the doctor make during a colonoscopy and traumtized
the intestinal wall.
LTC would be a lot better than what is out there today
because it can seal hollow organs like intestines
whereas now they cut your intestine and put you on a colostomy bag on you and try to reseal and reconnect the intestine.
The only thing I don't know what stock is going to move better
CTGI or the stock from the LTC IPO but I guess it is like
this to prevent a hostile takeover by one of the major medical companies like Gyrus was subject to before they sold themselves to a frienedly bidder.
I know some of the mining companies to develop their mining
projects get a friendly major to make a 10 % buy as a captial injection that shoots up the price like Ivanhoe Mines
in Mohgolia that wnet from $1.75 to $10 in which RIO bought inititally 10% and then as they got further devloped in the results of assays they bought more at higher prices and now they own 40% of the company and now upon Mongolain goverment
mining approval RIO is ready to buy the rest.
This Ivanhoe stock was founded by Robert Friendland a stock promotor that lucked out and found Voiseys Bay where the stock was $.23 and was bought out latter by Inco for over $100 per share when every threw in the towel and sold their
shares out their shares to early and sold their shares for $6 per share because they did not have the patience to hold
and listend to all the doom and gloom on their stock.
These guys selling out at $1.21 I think they are going to be very sorry like the former shareholders of Diamondfields who
sold their shares too soon because the drillers
kept hitting and missing because the mineral deposit
was in the form of a donut or ovoid and did not wait long enough.
These young daytraders hit for a few cents and then move on to the next stock.
When the news comes they will not be able to catch this stock
on the upside and it could possibly blow past any new buy orders because there is not that much stock out there to be purchase by any new buyers or the market makers will have
a much higher spread between the bid and ask like last December of $.05.
good luck to all the longs and keep up the good work NINj
bbhuey
regards,
bbhuey
not including vetrinary such as for horses,digs,and cats
I have been holding off buying 3K shares for the past
few days and looking for a support level.
We are in the summer doldrums,with inflation and oil going up
and the banks losing money or in trouble again.Not good news.
My nickel,platinum and god stock is up $.22 ths past Friday
when this stock moves Ctgi usually goes up.
In the past ideally the market has to be going down before CTGI will pick up steam in price. I don't know why but that is the way it is.
When I am at the craps table I always roll a lot of "6's" or "8's".
I always bet on the hard six or eight.
I am hoping that the Promised Land is a hard 6 or 8
paying eight for 1 that would be a price of $7.26(6x$1.21) or $9.68(8x$1.21).
Nothing more and Nothing less.
Thats my bet LETS ROLL!
I don't feel that CTGI won't crap out on us below a $1
unless the company is a total sham and there is a bunch
of greedy morons running this company like some other
OTCBB companies I would not like to mention that I invested in.
Management alsways has an agenda.
So far this management has kept word and their nose clean and to the grindstone in getting to this point with limited resources without diluting shareholders which has to be commended to DR and Mgt.
I think DR has assembled a winning experienced team
and we all just have to be patient and not let the
doom and gloom pundits overtake us like the bashers and shorters would like for us to beleive and give them our cheap shares.
I have looked at a lot of small drug and biotech stocks that have a higher price than CTGI and the future potential of CSMG is a lot greater than a lot of them because they keep on raising money and diluting the stock until there is nothing left for shareholders stock appreciation.
Some of these drug companies have these doctors or PHDs that have no conception of what money is and how to use it effectively and wind up squandering there chances.
So far I think that DR has been like a"Dutch Uncle"he knows what he has and he is not going to give it away for free
like a lot of companies do when they cannot support their
fat salaries and overhead expenses and start bailing for money.
Generally shareholders like us who invest and take thehigh degree of risk for a developing non revenue producing company paying for fat salaries and stock compensation plans until the shareholders are eventually bled dry and have nothing to show for their investment.
I don't think that this will be the case here.
regards,
bbhuey
Is there a doctor in the house?
We need a doctor who can give us an honest opinion about this technology or a psychiatirst to cheer everyone up after it dropped today $.07.
bbhuey
I was watching DEAL OR NO DEAL ON TV LAST NIGHT AND THIS YOUNG
VIVACIOUS 19 YEAR OLD PRE-PHARMACY STUDENT WHO WAS A CHAMPIONSHIP TENNIS PLAYER HAD TO STOP PLAYING BECAUSE OF A HEART PROBLEM AND WAS PAYING FOR HER OWN COLLEGE went all the way to having two briefases left to open and turned down $238K during the show to win $1Million and in the end wound up with only $88k.
Is that going to us here?
Do we want to be optimistic or pessimistic?
We have had enough of that in this market lately.
We all have to wait patiently while DR and D'Amelio work to get us to the promised land the land of FDA and CE Mark approvals
regards,
bbhuey
I noticed the price action of vsci when it got FDA 510k
approval on January 3rd for its endoscopy camera .
The stock went up 100% from $2-$4 in January when it got
CE mark in Hune 2008 it went from $4-$6.
This move was only on having an improved camera at the end of an endoscope.
I would think that if this happened to us with our ground breaking technology that upon FDA approval the potential
stock price move would be much more than 100 percent
that could put us over $5 price level where the institutions
might happen to notice us and upon Ce mark maybe $7-$10.
Does anyone want to post their guesses for the price level
for FDA or Ce Mark here or are we premature?
Best of luck to all Long CTGIer's
bbhuey
Does anyone want to buy the LTC Ipo they can sign up
through Empire Financial Group in Longwood ,Florida.
Their phone number is 407-774-1300 ask to talk to the brnach manager who is handling this to get more information
If you open up an account with them I think you would be first to get an offering prospectus of the LTC IPO that is supposed to be a spin out or spin off.
I can't figure out which stock is better to own CTGI the parent or LTC the subisidiary?
All of the debt is on CTGI's balance sheet I guess when
the IPO this will all be paid off thereby cleaning up
CTGI's balance sheet.
CTGI has not announced the direction of the CO2 technolgy
they will also need develoment money for this subsidiary.
I guess must be very busy trying to get the marketing in place,the manaufacturing,fda and ce mark approval and lastly
training of the doctors in this new technique.
regards,
bbhuey
Does anyone know where to look if an S-1 for the LTC IPO
can be found?
Anyone have any idea as to how the pricing is established for
the IPO if LTC does not have sales yet and only FDA or Ce Mark approval?
regards,
bbhuey
It is unbelievable but I bought this stock for $.43 per share
for its gold and it hit nickel,platinum and palladium instead
and it soared to $7 then it sank to $3.40 at the same time
as Ctgi and I did not sell either one of them.
The last time a company like this hit mineralization it was in 1997 when Diamondfields got acquired by Inco for $100 per share and it started at $.23 per share and there was a book
written about it and some of the characters in it called "The Big Score" by Jacqui McNaughton in which Robert Friedland who now heads Ivanhoe Minerals and Ivanhoe Energy made his first
Billion.
I couldn't believe it but with my position in Ctgi and this nickel stock I was making over $5K per day for over a week.
Being dumb or numb over having this good fortune or whatever you want to call it they both went down to their lows.
Today they both went up at the same time again,my nickel
stock was up 12.82% and ctgi went up 7.8%.
I am now starting to get excited again and thinking
about how far they will both go up.
Like Jackie Gleason would to Alice: To the Moon!
or As Red Buttons would say "Ho,HO,Ho,Ho
regards
bbhuey
I think the market makers are going to start testing various price levels so that they can an idea of when to push and when to pull at various prices to see how people are wathching this stock.
From last December he went from $.88 ,$1.27,$1.47, $1.60
$1.80 to $2.39 then back down to $1.80,$1.60,$1.40, $1.09,
$1.29, $1.47,and now $1.28 .
Next stop????? ^^^^^^ or vvvvvvvvv any price guesses?
Anybody for a hard 6 for an 8 to 1 payoff on the first set of FDA approval newws.
Prefereably the FDA first,then a major dsitributorship contract with big money licensing fee up front to clear our debts with no stock dilution or a big prelimary sales contract and then Ce Mark approval and then some distributorship or European sales. I think that would ber optimal does anyone else have any thoughts?
I wonder where the majors are they sleeping we have the proven technique I guess they don't want our stock yet.
We have the prodcut and the stock if they want it they will have to pay for stock to get it out of my portfoilio.
Does anyone elase feel the sdame way?
I am surprised with the company has not gotten any investment banking coverage yet and I wonder when when it will begin possibly after FDA or Ce mark approval or the announcement of thier first contract or distributor ship agreement.
With aLL the Best
BBhuey
P.s. Also does anyone know whether the company has filed
the S-1 for the LTC IPO or has anyone gotten a LTC IPO prospectus from Empire Financial Group,Orlando,Florida that is handling the IPO?
I watched this transpire down so quickly today
to $1.03 that I couldn't get my $36K out of my other
frozen mining stock position in which I have been waiting
assay results on the gold mine.
It seems that my gold mine stock and CTGI like to move togehter upward and can be $5-10K per fay.
I can't understand the correlation but when they move up
together it is like minting money or being on the crap table
at the casino and hitting the hard six or hard eight(odds are 8 for one).
I was once at the crap table and this guy rolled 6 hard sixes
in a row and I had $25 on it. WOW! I walked away with over
$1500 in 10 minutes.
It happened so fast that I could hardly grab my money off the table I was so dumfounded and it was the same way they took CTGI down today taking our money off the table and going to the house.
I hope when my mine stoc goes up CTGI will go up as well
and I will be yeling hard six!
Regards,
bbhuey
Run for cover some nut just sold 15K shares.
Now the MMs or someone is really strating to shake the tree.
Anyone have an idea of how much lower we will go?
The company is not going to have much of an investor base
if this keeps going on.
If they keep on being quiet about what they doing while we have dealys on our 10 K filings this can only erode the price per share.
Regards,
bbhuey
Can anyone tell me whether LTC needs Ce mark approval
on the disposable handsets before they can start selling in the EU.
I wonder what is holding up the initiation of EU sales?
What abgout vertinary sales that needs no approval?
Regards,
bbhuey
I wonder why the compnay did not issue any PR
on the results of the conference in the Czech Republic
was it a dud or do we have something to be excited about?
I would like to see the company to get some traction on this front after all the Eu countries are an important market for us.
Does anyone know anyone who might have attended who
could give us some insight or EU martket intelligence?
Does any one know if Live Tissue Connect has filed the S-1
for the IPO yet? Maybe this could give us an idea of how delayed they are in their plans for the company.
Nor have we heard anything of the companies direction on
the CO2 business.
Things have been very quiet.
Regards
bbhuey
I read the conclusiohns above from the Conference
statung that ther LTC application is better than
Gyrus with respect to burst pressures and that
respect to cystic duct sealing there were less negative outcomes than Gyrus that is number 3.
I also thought one of other benefits that the LTC application
had over the competition was that LTC application can seal
over 7mm while the competition could not do this over
more than 7mm in length.
Does anyone know if this is correct and if this is really a
major benefit over other competitors or merely a me-too product as trading surgeons suggested with respect to
cystic duct sealing application?
regards,
bbhuey
p.s.Maybe Don will pull a rabbit out of the hat and annouce
a major licensing and distriutbion providing a couple million
upfront and royalties over usage so that any further converns
about dilution go away.
Does anyone know what the agenda of the June 22 surgery
conference in Tampa will be about?
I wonder if we are selling in Europe yet.
2Quarter 2008 was slated to begin sales in Europe
or do we have to wait until the handtools get approved?
Vetrinary does not need approvals why haven't we heard anything on that front yet either?
We need some substative news to give us an idea of the trajectory of our rocket hopefully it wil be up up and away
rather than a grind and drifting ainmlessly so that the
shorters can get control of this.
We still have heard any news on the direction of the co2
business either?
regards
bbhuey
Is there a surgeon in the house who can answer this question
that I think has been missed?
I read on this bullboard above that the LTC procedure
prevents the spread of Hepatitus or HIV because it is smokeless and will nnhot spread it around.
Do surgeons spazz out when they encounter a patient
that they have to open up who has hepatitus or HiV?
I think that this an overlooked benefit that has
beern overlooked and not presented that strongly
in CTGi's news releases.
Can anyone explain why CTGI's DOn or Frank did not
pick up on this in their newsreleases about the LTC
procedure?
regards,
bbhuey
I understand that without costmetic and vetrinary
surgeries there are over 50 ,illion surgeries done
in the U.S. alone.
In this vein does anyone know how many surgeries and how much revenues are derived using U.S. Surgicals staples,adhesvies and glues here in the U.s. and in Europe
and the revenue breakdown and revenue increases for this
part in the last 5 years.
In this manner it maybe possible to build a revenue
forecast and market pnetration forecast for the U.S.
and the EU on the use of CTGI's product.
regards,
bbhuey
As always ninj your the best!
Warm regards,
bbhuey
Just a question.
Russia and the Ukraine I believe is not part of the EU
group of countries.
Since the Russian surgical institute offers this surgery.
Does have any idea how much revenue this has brought
for its use in Russia and the Ukraine and how much
the licensing has increased year over year for our
Ukrainian partner that owns 14 percent of LTC.
Does anyone know who to ask CTGI IR or the Paton Institute
or some other government medical type source?
I think that this would give shareholders what may be
in store concerning the future prospects for CTGI since things have been so quiet concerning progress and acceptance
by the medical or vetrinary community.
bbhuey
sorry i messed up and on the wrong board
bbhuey
I donlt hink that Russia is part of the EU but it
seems that the Russian clinic was sold or licensed
the LTC technolgy as evidenced by Don 's statments.
Yet now come CTGI didn;t report any revenue from this?
Does the Ukrainian partner that owns 14% of LTC get
all of the Russian and Ukrainian revnue from this product?
It would be interesting to find out how much revenue
our Ukrainian parter the Paton Institrte has derived
thus far on LTC sales or licensing and how much of an increase in growth in using this technolgy in Russia and the Ukraine?
Does anyone have any idea of how to check this out or who to ask? IR or somebody at the Paton Insitute.
regards,
bbhuey
I donlt hink that Russia is part of the EU but it
seems that the Russian clinic was sold or licensed
the LTC technolgy as evidenced by Don 's statments.
Yet now come CTGI didn;t report any revenue from this?
Does the Ukrainian partner that owns 14% of LTC get
all of the Russian and Ukrainian revnue from this product?
It would be interesting to find out how much revenue
our Ukrainian parter the Paton Institrte has derived
thus far on LTC sales or licensing and how much of an increase in growth in using this technolgy in Russia and the Ukraine?
Does anyone have any idea of how to check this out or who to ask? IR or somebody at the Paton Insitute.
regards,
bbhuey
There are five installments on how carbon trading works
on stockhouse.ca or stockhouse.com under
Community news :carbon trading ofr Earth Day
Regards and best of luck to all CTGI'ers
bbhuey
As I computed before support is at:
$1.26
$1.63
$1.82
$2.01
We have already tested $1.26 a couple of days ago
The fibs are:
61% retracement $ 1.86
50.0% retracement $ 1.635
38.2% retracement $ 1.45
We hit $1.45 yesterday
Does anyone have any feeling as to where we will end
up at the close today?
I also notice whenver the stock market goes down
we go up and when the market is up we go down.
Can anyone explain this type of stock reaction when there is
no news on the news front to push the stock either way.
The low volume lately indicates no one wants to sell
but the previous day volume of 80,000 shares accounted
for an $.18 gain from the $1.26 support area.
Does anyone have an explanation for this?
Regards
bbhuey
I was trying to calculate the Support levels
for Ctgi on the downside can anyone tell if I calculated this correctly.
Price at high $2.39
Less:price at low - .88
difference $1.51
Applicable support series in 1/8th
1/8 ,1/4,1/2,5/8,7/8
1/8= 1/8x$1.51= $.19 + $.88= $1.07
1/4= 1/4x$1.51= $.38 + $.88= $1.26
1/2= $1.63
5/8= $1.82
3/4= $2.01
7/8= $2.20
regards,
bbhuey
I noticed American bulls several days ago had a buy signal at $1.45 a few days ago and now we are at $1.50 after pulling back from $2.35
Does anyone know what the 3 Fib lines on this would be
and where we are here?
I think the MACD is starting to turn bullish.
Is anyone familiar with cup and handles who can give us
an explanation if we are forming a handle and how much
congestion will we have before what they call the brakaway gap.
Does anyone know where we are here at this juncture?
This stock was trading in December between $.82-$.90 with 20,000 a share volume A DAY and a $.05 spread between the bid/ask and then WHAMO !
1.4 million shares traded volume on no news and then 200,000
share volume and now we are back down to 40,000 shares volume.
It appears that the MM's can;t shake any lose shares
loose very easily anymore since it has gone to $1.42-$1.45
several times and won't go any further. I think that is our support and $2.35-$2.39 was resistance on the upside
I am surprised that none of the anaylsts that specailize in
Medical stocks have not done a write -up yet on this company yet since it has already gotten Ce MARK IN THE EU
like Thomas Weisel,Brean Murray,and etc.
We have on board an investement adviser that worked for Tabak in New York and has contacts with insitutional investors in the European markets.
All that I can see is that instead of 1 or 2 market makers
we have 24-25 market makers
Today,the financial markets for raising financing are in dissarray.
I am wondering how much that will affect the price of our stock valuation and the up and coming IPO of LTC and how the gas business will be valued
The valuation calculation of book value of 4 Times for medfcal device companies at an IPO price of $5 and $10,giving
CTGI an imputed valuation of $7.5 and $ 14.5 per share
will may also be discounted in the market
since it is the holdihg company by what I do not know.
I think will also be impacted by the above and whatt the market will perceive as a foward P/E and trailing P/E.
Some medical device stocks have a P/e of 80 while others
only 18 -26 depending upon percieved earnings growth
As a result I am hoping after April 25 Mdical conference
they award and sale of a sales contract that will give
the market some indication of sales potential and the US
or EU approval(handsets) and then formal announcement of IPO
and pricing.
Even though they have not filed the S-1 yet
I think they are planning to do so within the next 45 days.
If so,does anyone know the timeline they have before they can price and sell the IPO?
regards,
bbhuey
I think that we are in a "quiet period" before the
following takes place:
1.Further EU approval for the hand tools
2.Surgery conference highlights and findings
3.Licensing and Royalty Revenue agreement with a major with one of the surgery subsidiaries that generates current revenue and income streams
4.Initialization of operations for the Vetrinary subsidiary
that does need formal FDA approval
5.Initial start up of sales in the EU countries at selected centers that generate revenue
6.U.S.FDA approval
7.Startup of any one of the surgery subsidiares
8.Adoption of this standard with the U.S. VA and government hosptials for our soldiers overseas
The occurrence of anyone of these will help the Selling Price
of CTGI.
The question is what event will happen first.
Does anyone have any other ideas that will be catalysts?
regards,
bbhuey
I read Schaffers newsletter and then I came to this board
and examined all of the due dilligence ingfromation given at the top of this board and was really impressed with the
technolgy since my finacee worked on the technolgy with Propan Pharmeceuticals in South Africa and could nver get it stablized since it would then burn tissue and vause necrosis.
I also called one of the invesotr contacts and watched the video of the lungs if the poig resection that gave a watertight seal.
I had previously made some good money on Elan,Healhsouth
and Caraco Pharmeecutical and all the little pharma compnaies I invested in after that DSco,thld,vsgn,dorb,ency
blew up on not getting FDA approval for one thing or another.
I felt that the team that DR has spearheading this with the FDA have been very successful past with over 60 approvals
under their belt only lends to the great foresight dr
has put together all the while taking a moderate slary and
preventing shareholder dilution thereby aligning his
interests with the shareholders,though I may be wrong and only time will tell as the stry unfolds
regards,
bbhuey
I was searching the yahoo bulletin boards and found
his website in November- December 2007.
As a result after further due dilligence I bought
at $.82-$.90 when the bid and the ask had a $.04 spread
on 20,000 share volume.
If it was n't for seeing his post I would not have been alerted to even consider buying this stock.
Before that I have never heard of his newsletter.
DR has mad some misktakes as shown in the litiigation
issues from the past but which can arise from promises
to grow a small company with financing and sterring of the company with limited reslources in the right direction.
But their their potentiality is mazing for the 500 million people in the EU that need surgery and the 200Million plus
people in the U.S. where over 50 million surgery procedures
are done per year which this technolgy can supplant.
Does anyone have any idea how much revenue we can expect from theEU.
I thought they gave a number of $10 in revenue for the Ukraine or Russia or both growing at a rate of 50% per year.
Does anhyone know how this would layout or be projected
for the Eu and the USA.
regards,
bbhuey
I have thought about structure as well and my thoughts are as follows in detrming the valuation of CSMG and LTC is as follows:
1.CSMG has been operating for some time and has operating losses from prior years that can be used to offset future income.
2.Since the future income is to be derived from LTC
then they have to meet certain accounting and ownership requirements toi allow the income to flow through to
LTC to be utilized
3.There are some pending lawsuits against CSMG that are pending that are not yet resolved.
The standalone public LTC subsidiary would be considered a marketable assetwith a "public value" and would be shielded from such liabiliies
4.The LTC IPO would create an "inferred value" of the LTC
stock that CSMG already owns even though it would be carried on its books at historical cost.
5. It is anticipated that the IPO would at a minimum
raise from $3M up $30M
Some questions important questions to detrmine if it is better to own CSMG stoc or LTC stock would be:
1.What would be the measurable litigation laiblities
would CSMG incurr if the lawsuits wre rulled unfavorably?
2.Since these laswsuits were dervied from CSMG's gas subsidiary are such liablities attributable to CSMG
the holding company or the CSMG gas subsidiary?
3.When LTC goes public what will the value of LTC
stock be recorded as on CSMG's books for CSMG to sell
LTC's stock
4. How many shares are issued and outstanding of LTC
stock owned by CSMG.
5 How many shares will they sell of LTC in the IPO split between the convertible note convertible into shares and the number of shares that will be sold by CSMG to raise working capital for LTC?
6.How many shares of LTC will CSMG retain?
if anyone has any input o this it would be appreciated.
bbhuey