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.
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?
Funny you ask, was just musing to myself!
BRISTOL MYERS SQUIBB has a nice ring to it. 🤔
Uplisting removes a huge gray cloud over SONX. All the fat cat NYSE longs will repopulate the market cap raising eye brows all over the neighborhood as it will rocket back up there PDQ! . While SONX was sinking in humiliation, the market was just starting to really rock since 2 years ago. That could turn this into a ripper of a feeding frenzy if deep pockets suddenly showed up. I'm theorizing, I'm not implying anything I already know. But most definitely SONX chances for buy out, vastly improve if that's what the CEO wants to do.
He unquestionably gets a much bigger market cap, giving the company far more credibility again. He may release Gentle Wave Gen 5 or some major contract news which possibly will have had that 2 quiet months to negotiate. Very curious how management sold some 18000 od shares right before year end. A tax move most likely sure, but the real question there is for who, or what purpose. New product, new business affiliates... Really challenging to know much of anything right now. All I know is patience here could easily pay off very handsomely indeed just remember we don't know for absolute certain SONX is back on NYSE yet. But when they do strap in that share price will be doing one hell of a happy dance. Bring your favourite analgesic, volatility will be the order of the 1st quarter! All IMHO of course 👊
If there's any historical continuity happening with Sonendo
We'll see Sonendo's year end financials in a week's time. (Tuesday Jan 8th and scuttlebutt is vastly improved) Don't quote me, don't shoot the messenger just rumor, don't ask me to do your DD for you that'll never happen....
Don't sell right now unless you're, a shizoid, disillusioned, OCD toxic blathering airhead/fanboy of Mr. Sykes cult fandom. In which case dump everything you got Friday an hour before close. Why not you're messing up holding a whole weekend. You know you risk two shiny nickels. Stick to that discipline that's making you millions. I would if I wuz ewe.
Thanks awfully folks, very much appreciated! GO 🐂SONX🐂GLTYA! 🚀🧑🚀🛰️🌌☄️
Please do just don't tell your endodontist. It will skew his answer when you ask him his real impression of the technology if he knows you're already invested in the company he'll probably get a little nervous which doesn't help you much.. Frankly I think I have a good idea already what you're going to hear👍, but it will be interesting to get a present day account on such a personal level. Thanks for letting us know looking forward to your post. Good luck with the surgery or whatever you're going to go through! For your sake I truly hope it's Gentle Wave! As opposed to you know what 🫢🦷⚒️💉
Could be wrong here I'm not a dentist but if memory serves. Nerve endings are in the pulp not* the enamel. If they need to drill pulp the dentist can accidentally kill the tooth, requiring amalgam and a crown or worse an anchored new tooth. So you can see the advantages of not prodding the PULP with Gentle Wave mount up really fast! In health, patient comfort, expediency and most significantly to SONX, dentists and patients COST.
💥SONX💥
This is more like a dental revolution than just new tech.
Listen very carefully right at the very end. He goes very quiet in disbelief. Obviously this quality of root canal simply wasn't ever possible before Gentle Wave. It didn't just save the pulp (huge!), it didn't just sanitize for the dangerous bacteria saving multiple visits. It decalcified the entire area around the pulp safely enough they don't need to drill as much tooth out. Absolutely unheard of before Gentle Wave. Remarkable!
Makes sense $2.83 was high of the year.
.045 was the low. SEC off holidays soon! That's what IR was diplomatically referring to when mentioning they were in there "quiet period" . Can't relist diddly without SEC's approval that's for sure. Anything above a buck and SONX goes ballistic. Happy trading I always find the quiet period quite deathly boring. SONX is about to get anything but! 👍
. 40 to .55 bullish on an NYSE relisting
Now there's a firm grasp of the obvious you megalomaniac. That's where you beat this down from 40 cents beating your chest. Follow the money by trading the volume the trend is your friend. Whales that make you a minnow who understand the true value of SONX won't be satisfied with $1.50 they will be holding while you're folding still buying more. A million patients who were successfully treated by Gentle Wave could understand that much but you can't accept that. You're not being bullish at all you don't understand the meaning of the word in a Relisting play like SONX.
It's far to explosive to adhere to your chart's predictions. That is the reality you fail to comprehend. Your chart obsession with whatever discipline your playing at will burn you good. You'll leave buckets of profit on the table. There won't be any quiet period leaving you to meddle with other people's money bank on that. 50-60 cents might be bullish in your alternate reality but not there's and that's what will call the shots. Snap out of your channelling doctrine and trade withe real bulls. You're not bullish in the slightest, you're full of it. Strange (absurd) thing is, everyone sees that but you.
Hey leave millions on the table as you worship your beloved program whatever cranks your tractor. But the sooner you snap out of your chart obsession, the better off your account will be. Relisting plays are exceptionally rare trading opportunities, they simply don't adhere too any chart prediction because they can't. It's not any normal trade to begin with and if tell me your chart says otherwise, you're touched in the head ain't going to happen consult a trained professional. You can afford it apparently so why not, what's there to lose besides your altered BLINDFOLDED sense of bullish.
Next stop .50-.60 imo, chart is constructive, doing just what it's supposed to do, that is rise above the 50 day MA and then recheck it like it did today and it held, so onward and upward imo to .50-.60 where I'll sell and buy back .36, GLTA
Bullish
No Chart Master foolish not bullish not even close. Just in your hyper narrow narcissistic threshold of RISK.
Unfortunately our professor of profit here doesn't understand he'd make more money by NOT* reducing Sonendo's chances for a Relisting. Why shoot the messenger?... Uh duh cuz I Kan trip over the dawllars to pick up the pennys all for myself? Whatever Egor.
God give me strength CJ 🙄🤦(smh)
How can you sit there and say you're Bullish when you yourself precipitated the correction. I watched you do it so don't deny it. Give me a break.
Many can't appreciate every dot, every t-crossed required right now. It is exceptionally demanding. But I bet you the CEO can, he's probably exhausted from all the legalese hoops going down. His executive including himself coughed up a grand total of 18,816 shares yesterday. Irrelevant unless connected to relisting requirements demanded* by the SEC before reinstatement to the NYSE. In which case likely imperative if not crucial.
I hunch from that chart yesterday this is more than paying Uncle Sam and everything prerequisite to keep SEC happy prior to the relisting PR. The timing for such a machination couldn't be more likely than right now before New Year's.
Opened @.34, HOD .40, Closed @.34
Institutional, Whale that caved in on 5 million all at once months back buying back in, Market Maker manipulation for more cheapies Wednesday , Tax sheltering. Short covering
Hunch 1 of the above. Flat out refuse to entertain any notion this was all coincdence. Hmmm that latest insider buy that upped the float ever so slightly, possibly! 🤔
Something big is brewing boys... NOT A PUMP. Just patently obvious somebody got wind of something. Timing is ripe for early whales of whatever stripe. Buckle up, volatility imminent IMO.
PS IHUB won't allow me to post Bullish Icon FWIW So Yes I'm most definitely very 🐂ish!
$$SONX$$