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Oh ok SORRY then there GC
I guess that's why FREE real time quotes is free then 🤦
. 0046 strong close... Been taking those vitamins lately have we then? 💪
Oh ok 5 then, oh buggar...
6 trading days till Christmas, all ABOARRRD
Well Ralph sheesh you ask important questions
I honestly don't know what the CEO's plans are, if any for a buyout. One thing that makes this company very appealing for the acquirer is they can ramp up production almost instantaneously but more importantly unlimitedly. So if the acquirer company wanted rapid production to order who knows , a thousand machines? Then that company could get that kind of big order in a hurry.
I'm sure every CEO has to ask himself that question, do I want to get bought out. But quite honestly this CEO has been at the helm for I think at least 5 to 6 years since Gentle Wave's Inception . I don't know possibly a lot longer. But I don't really see him taking any less than the very VERY least a dollar fifty and that only in a real pinch ( which he definitely is not) . Primarily because once he gets back on the NYSE stock exchange or the NASDAQ. He knows he's easily* worth as much as that frankly a whole lot more. So 40 to 60 cents, no way you'll be waiting a long time. I really don't think he'd take even near that to be honest, just way too low.
He has too much time, energy and money invested. That's not to say he won't accept a buyout in his acceptable range, but for the life of me I couldn't even approximate what that might be for him right now. It's a very personal question indeed, what I will say is SONX's high of the year for 2023 was $2.83 so I think you can expect his ears start to perk up around the $3 mark if we're being serious here?
I'm not sure if you're aware but once this stock gets back on the NYSC or the NASDAQ wherever he winds up. The stock market cap is very appealing so you can expect between three and five dollars minimum bid from retail. It would get bid up quickly is my estimation and that's very conservative. A similar stock relisting topped out at $14 a share. So as you can see he's not really even seriously interested in 40 to 60 cents ever IMO, it just doesn't even pay for the coffee!
Another poster mentioned Johnson & Johnson and I for some reason got this into my head that a suitable take over candidate would be Bristol-Myers Squibb. Which it may be... emphasis on MAY**! It would have to be that caliber of company to absorb SONX enough to consummate the TAKEOVER properly if straight cash. This is not Gentle Wave's first rodeo by any means , the technology has been around for 5 years minimum. Constantly improving finessing becoming more advanced, easier to use, all that good stuff. The company actually has over 1 million treatments now and counting.
The percentages are off the charts as far as patient comfort (pain levels ultra low), efficacy, antibacterial scrubbing are way way up there for Root Canals. I forgot now but we're definitely talking clinical quality. SONX has recently taken on board 4 very sizeable affiliations with large* dental companies in the industry. So this year is going to be a growth year, there's no two ways about it. So that will have to be taken into account also.
Admittedly there may be companies sniffing around as we speak. We simply haven't heard anything on that score. Right now job one is NOT getting acquired. That's almost the last thing on this CEO's mind. He's far more interested in building up the business the regular way. He wants to be a household name in dentistry best put. Why not, there's nothing else like this even comes close. I hope this helps, let me allow other people to chime in I don't want to steal their thunder.
Welcome aboard Ralph. Anything rotten in your teeth gets cleaned out more safely, more cleanly, more efficiently than any other equipment. Say you got a root canal appointment next week , well you're going to sit in that chair for one day max instead of 3 to 4 days, the old way. That's the power of Gentle Wave. Not only Hospital clean , fast , painless , but so safe... More often your teeth's roots will be living afterwards, instead of drilled out and plugged when using this technology . A root canal in the old days was invariably a death sentence for the teeth roots. That all changes very favorably with Gentle Wave. Thanks for asking and welcome. Best of luck here👍🍀👋😁
Super delicate endodontist decision to make first.
Is the root (pulp) still alive? They'd be obliged to try and save it, if it had even a chance. I'll never forget my first dentist, great old guy! He didn't know, but I was watching him very closely and listening. He had a bitter disdain for cosmetic dentistry. It was overtaking the importance of healthful* dentistry. They don't call a dentist , doctor for nothing right? If they were just going to drill and fill a dead tooth sure. A top of tooth down Gentle Wave procedure would make sense you're absolutely right.
But let's say it's a woman terribly conscious of her teeth. To keep her happy they're going to have to be able to save the root thereby saving a living tooth... and then they need to do as little damage to that tooth cap as possible! So that a cap or a filling would not be easily seen. Interesting thanks for making me think! 😉
What they might do is drill a hole big enough on each side of the top of the tooth to irrigate with Gentle Wave completely. But* not destroy all the Dentin on the top of the tooth. Gentle wave is a very interesting transition in that it enables the endodontist to perform stellar cleaning of the cavity but at the same time gives him better opportunity to save the Dentin more easily. So Gentle Wave combines both cosmetic and healthful dentistry better than any endodontist could before. ( Read more revenue for the dentist, greater> satisfaction for the patient.) 😎😘👍
How do you figure? Irrigating bacteria out Job#1
If you can't purge the tooth of bacteria, those germs could multiply again defeating the entire operation. Interesting idea but I don't understand how it can be completed without drilling ?TBH...JMO
They might be able to drill 2 pin holes. One at the top of the tooth above the rotted pulp and one in the side of tooth where xray shows the cavity ends. Far fetched maybe but if you have top pin hole as an inlet. The lower drill hole as an outlet you could pump the antibacterial solution in and out saving the pulp (or root) left. Sounds extremely exacting but the inlet/outlet method is potentially feasible.
The tricky part would be knowing for certain how much bacteria you removed and how much rotten pulp is still left inside the tooth. I'm not quite sure how though. There must be a x-ray or an ultrasound test for that but feasible yes.
Capping these tiny holes with a cosmetic amalgam doesn't sound too difficult. In fact that might be the easy part. The end objective in repairing a cavity is removal of all bacteria and dead or contaminated pulp before you can plug the filling. In that sense Gentle Wave would be quite capable I should think but thorough and total irrigation of all* infected debris is the absolute imperative. 🤔
Copper coming best cover, cuz karma bites too.
Rainmaker Worldwide is a CONSORTIUM
con·sor·ti·um
noun
1.
an association, typically of several business companies
Capiche?
Finally figured out this Turbine, pretty cool.
Back East Boys, just as suspected but BIG*
“With members in more than 40 states**, DPG is one of the largest dental-specific GPOs in the U.S. and we are pleased to partner with them in this capacity
That my friend is some SERIOUS industry exposure. Bjarne's year end financials are a tad more complicated with SEC & NYSE pouring over every word, every figure presented and then SOME this year. Hunch they will be out as soon as they're finished there up close and personal accounting of SONX in minutiea. 👌✔️
Thanks, I just noticed a teensy tiny typo. So in fairness to Bjarne, he said a million frequencies. I somehow exaggerated in saying millions. I was very surprised he called. I had another important call at the same time coming in just as he rang. So pretty chuffed I remembered to ask all I wanted to ask. That's one heck of a CEO we have there! 😎👍
Great idea tell those NYSE dewds to hurry it up a bit already. Take a swing at the SEC while you're at it, I'm sure that'll all go over bigley.
Come on you know as well as anybody else the CEO can only wait for processing. Indeed it would be highly disadvantageous to kick up a fuss when your company is trying to get ahead, not backwards. Either entity can be your saviour or your arch enemy. It's the CEO that makes this call. The rest is up to NYSE and the SEC.
So In answer to your question, nothing's changed at all. Gentle Wave wasn't built in a day. 😉
He didn't say this... but highly likely IMO
Sonendo will very likely launch this new capability for Gentle Wave once relisting is go for launch. As good as Root Canal procedures are? This next new Gentle Wave application will undoubtedly be DISRUPTOR dentistry. Industry wide. With all the health benefits of progressive dentistry that already are in the pipeline?
It would not surprise me at all if Sonendo receives an award in recognition from the industry. It would only be fitting too that Sonendo is awarded a grant from government for further R&D. Yes Gentle Wave is going to be that influential in the industry. World class if not world leader in technological advances and* preventative medecine.
Yuh-huh that's what I'm talking about. Let's face it they already are. Root Canal bacteria left unchecked are toxic poison to the body.
Thanks he really bowled me over with the million frequencies for Gentle Wave. That in a nutshell applicator? Diabolical. 😲
Not many can appreciate in today's economy
Just how big that production question signifies how ready Sonendo is for any major press release. Somebody else would appreciate that capability too in the form of any serious Institution planning to buy out Sonendo. That's a huge feather in the company's hat being able to mass produce in today's global economy. It can involve Logistics that no one ever thought of so a very big deal all around!
You are correct sounds like he did.
Keep in mind he can't be totally open about it. I'm sure he is still under a NDA with NYSE exec so I was reading between the inferences over the phone. So for the record... All IMO
I don't know where it's cast in stone
But this might help.
In order to list under general NYSE standards, a company must satisfy minimum distribution requirements, market value requirements and financial standards:
Distribution. A company seeking to list existing securities or transfer to the NYSE must have at least 1.1 million publicly held shares and meet one of the following three criteria:
Have at least 400 holders of 100 shares or more and an average monthly trading volume of at least 100,000 shares for the most recent six months.
Have at least 2,200 total shareholders and an average monthly trading volume of at least 100,000 shares for the most recent six months.
Have at least 500 total shareholders, with an average monthly trading volume of at least 1 million shares for the most recent 12 months.
A company seeking to list in connection with its initial public offering (IPO), must have at least 400 holders of 100 shares or more and at least 1.1 million publicly held shares.
Market value. The aggregate market value of publicly held shares must be at least US$40 million for IPO companies, or US$100 million for companies seeking to list their existing securities or to transfer to NYSE. Additionally, the shares must have a closing price (or, if listing in connection with an IPO, an offering price) of at least US$4 per share at the time of listing.
Got some kind of Telepathy going there or what? 😂
Just got off the phone with the CEO in fact , an incredibly nice guy, yet very sharp on every question. He hasn't heard back from the NYSE so far , and to be honest he's not worried one bit. There are other avenues he can use such as an appeal of the NYSE delisting to a tribunal if relisting doesn't get approved. Also as some here have already mentioned going to the NASDAQ is another option as just two examples. But he stressed being on OTCQX isn't holding up business either.
He's more concerned right now with building the business and that's where the conversation got very interesting. Being a public company he is restricted in what he can say but there are definitely future products in the works. There are many ways to run Gentle Wave inside the patients mouth and it isn't just ultrasound as we know it! Gentle Wave runs millions of frequencies to kill all the bacteria so effectively. You got to think there might be some artificial intelligence in play here?) All he could really say today so I left him with my idea of an entire mouth cleaning with Gentle Wave and while he was receptive they are next looking at getting an FDA approval done right now for a different application for Gentle Wave. (Read more targeted and effective at preventing loss of teeth). 🤐
I also asked him for clarification on the efficacy of Gentle Wave by saying to him that it reduced visitations by one visit to a normal three to four visits for a standard root canal. He confirmed that was the case one visit as opposed to three or four. So you can imagine how pleased dentists are to become at least 3-4X more effective at repairing Root Canal procedures. This made me ask another nagging question I had... can Sonendo immediately up production in the event of a large contract for Gentle Wave instruments. He replied no problem at all. That was really a relief to hear.
So the upshot here, he's still waiting to hear back from the NYSE but if they demand more than he can offer there are other very useful avenues he can pursue (arguably better too IMO) . So it's not like he's going to get blocked by the NYSE at all! There are several ways he can move the company forward for increasing company revenue which is his primary focus as we speak.
Hope this helps, as you can see he's not sitting still waiting for the NYSE phone to ring, he took 4 days but returned my call. Obviously up to his ears in future products, partnerships and contracts... I am very impressed with this CEO business as usual guys but goes without saying NYSE relisting can't take forever. Patience, what did Charlie Munger say, something like. The profit isn't in the buying, but in the waiting...
The fear of pain is a death sentence
People avoid dentistry like Covid at the mere audio recording of a dentist drill! It breeds sheer terror in many people, that's no exaggeration. Dr. Amen famous brain doctor emphatically insists if you don't brush 2X daily, you are at high risk of Alzheimer's. 95% of Gentle Wave patients experience no pain, this morbid fear of Root Canals is HISTORY. It's the most progressive evolvement in dentistry in decades, not to mention the reduction in dependency on our health care expenses. Huge win for better health in general.
One of the biggest challenges in a good product is production. Coming off Covid years I wouldn't be surprised if restricted production was an issue for Sonendo that should be vastly improved this year IMO. 🐂SONX🐂
Sheer speculation* but yes possible, perhaps even probable.
Another new dentistry technology perhaps hmmm 🤔...
Gentle Wave 4 over a year old now. Not sure what it might be but timing couldn't be better You might be right here.
I was wondering if Gentle Wave couldn't branch out into fully automated entire tartar removal below the gum line in one sitting. Replacing back breaking work by the hygienist.
That's a contortionist's nightmare that job, no joke. Every hygenist I see gets a bad back. Bjarne has something up his sleeve, convinced of that. Maybe cold laser technology or something entirely new, who knows. Got my tickets to the reveal, let the show begin. ✔️
Friday was a classic!
Drifted down all day, stranger the fiction just see that intraday chart. Daytraders locking in sensing news? I'm open to suggestion. I'm no chart guru just see a sign the market might be finally taking notice of imminent news. 👍📰🥁
Apologies Zardiw, not sure how I missed your reply.
"High Powers"... I highly doubt NYSE or SEC work that late even on ZOOM which I can only assume was meant. I mean possible but improbable IMO. To me that only leaves another company affiliation like Best. That is the only plausible scenario currently. The more affiliations the better for certain. Monday would be the historically correct day to file it's 4th quarter results. Whatever day it is I'm very keen to read them. Then again so would the NYSE and the SEC of course. Patience something is brewing, has to be!
She sure curved in a hurry.
I can understand day traders losing interest on a Friday, makes perfect sense. It's that retrace that really shocked me...Leak? Somebody knows something? Looks like someone is accumulating. They stopped @ .20 which was very close to Thursday's close. Silent partner accumulation flying under the radar. Monday will either confirm the theory or debunk it, if not why bullishness on a Friday. Back east buyers who knows but that was some hands on buying towards the close if you ask me.
I would consult the company for Clear instructions.
The dates on the NYSE website are not clear at all. While my interpretation is 45 calendar days as that was the inference in the PR. It would be better to contact the company for clarification.
info@sonendo.com
My close .0003 but RARELY* correct
I feel it must be one of those late. 0004's
My broker will find the gas pedal tomorrow you watch! 🤐🙄
Let's see if I have the vernacular
60X100
3X4
Monster in the making. Strap in 🫢
You've just cleared up one of the greatest mysteries of the Pinkyverse for me. I thought it must be that, but could never be quite certain enough, such a gray area (no pun intended) . Extremely helpful indeed CJ Thanks awfully! Smart trading to you. When you can teach this guy you can teach anyone. Looking excellent* for weekend radars now. Stoked! 🫢🧠👋
As I understand it past member companies on NYSE only require $1 dollar share price to relist and receive an 18 month grace period.
Cheaper shares is all he's after eom
Iced coffee you're getting expensive good grief.
I just left the nerve center a voicemail requesting a return call. I'll give you a shout with the good oil should I hear anything. That ok because ice is hard on your kidneys CJ. We wouldn't want that. He sounds busier than a one armed baker ATM that much I can say for sure.
This CEO is one busy fella I haven't gotten near him in 2 days and Through the Grapevine he is in meetings all day again and with somebody from out of town at some point. (Insert zillion dollar theory here) . Anyway I see I have scared the pants off a few people for speculating so I won't speculate any further but if I do get an update from the CEO I hope to update you guys as well! Preferably a sandwich with some meat in it , copesetic? Cheers.
Go 🐂SONX🐂
DON'T* read into this, see it @face value ALRIGHT?
When I'm interested enough in a stock, and I'm satisfied what the company is doing, legitimately has sizzle. I much prefer to chinwag with the CEO. So Wednesday I forced myself to call Sonendo. I was busy headed to an important meeting myself and so kept it rather kurt. I rang through to Bjarne's number and his secretary picked up. I couldn't talk to him because he was in a meeting which to be honest didn't surprise me. So I left my number and hurriedly headed out the door.
Sure enough just as I'm locking the front door the phone rings with the icon "probably spam" popping up. So I'm walking to my meeting and I thought of a thousand things I should be thinking about until I realized it was that spam call that had me curious. So I checked the recent calls and sure enough it was from Laguna California. I called back and it was the secretary who picked up again and she said that I probably won't get through to the CEO today.
After 5:00 he goes straight into another meeting. So really wanting to talk to the guy I just played it lightly and said well if he gets a chance give me a call back. Well that didn't happen but in talking to his secretary she kind of inadvertently left me a clue. Again please do not read into this you know as much as I do I will not be answering any more questions okay?
The secretary said that the CEO had been in meetings all day and will be in a meeting the rest of the evening. In other words she was telling me he was absolutely going to be bagged don't expect a call. But there was one thing that caught my ear that I'm going to let you hear. She said that it was an important meeting and by that I read between the words high level meeting. That's just my take take it at face value. I'll leave you with two words and please understand you know as much as I do now I can't tell you any more than I know. She said the meeting would go on into the evening with people from BACK EAST.✋🤫😶🌫️🤐🫡
Over 1 million successful treatments and still counting
That can only mean more partners going forward than the one just acquired! Knew he had to be negotiating something worthwhile waaayyy to quiet. Richieboy going horizontal now for much needed beauty rest. Acute Analysis Paralysis GO SONX 😎😍
Actually $2.83 was last year's high
That high yet a horrible year for SONX last year TBH. All emanating from a sleazy patent infringer last January. I'm sure that's a huge reason NYSE Is lenient. So magine a good year. This year is a good place to start. They're off on the right track train leaving the station soon. 👌
What matters right now(and is absolutely imperative)
Is what SEC and NYSE are thinking and saying to SONX. Yes we're out if the quiet period now but chances are high there's a backlog of administration to chew through before they get to SONX. For certain Sonendo is in no position to get huffy indeed much better CEO remains a choir boy right now.
Whatever plans have been agreed to with SONX Executive and CEO is hinging on whether they get accepted into the NYSE again. If CEO received an offer even IF** MOU or LOI everything is contingent on uplisting. SEC can say yes, no, or if you fix this, once you do that. SONX is under the electron microscope make no mistake.
The bigger the company plan the longer it takes to approve. Priority right now is convincing administration staff SONX can REMAIN a going concern above a buck in share price. NOTHING passes go until SEC And NYSE are in the know. Don't wish to be any drama queen but our CEO is performing a ballet through administrative hoops right now.
In all honesty no I don't, here's why...
Patent disputes typically take 2-3 years on average just to get to trial. Be very thankful we're not dealing with the FDA in on the case that can get really intangible. But there can be legalese mistakes made by lawyers for either side delaying any outcome also. I'm comfortable the Biolase dust up is another year away from settlement minimum*.
I believe this CEO, just a gut feeling.
I'm certain SONX will come under the tightest scrutiny it's ever had in the next little while. SEC can be a verrry picky bunch. You've got NYSE to keep your nose clean with too. You best have all your I's dotted, t's crossed or you're in for a rough ride. SONX has had 2 months to get there ship on an even keel, lawyers will have been pouring over every last detail. I think we'll do just fine. To say what's going on like it's in an investing book somewhere would be spurious in the extreme. Have you seen my halo, I seem to have lost it when I dropped my crystal ball?