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Just keep in mind that, that is a single sided, biased compilation of historical information. Information that has been proven, time and time again, as steps taken by the company that had not completed nearly as much as it has as of today.
I recommend reading through all of the stickies and posts on the board to make your own determination.
In my opinion the pros far out way the cons here and any discussion of RS are a far reach of desperation. Is it possible? Sure, anything is. Just very unlikely at this stage of the game.
GLTA true longs!
Excellent post! Thanks!
GLTA true longs!
Good call Mike, as usual.
The time line may have hit a snag a few months back but we are progressing just like we knew it would. This company has done everything it said it would and without a doubt is covering new ground.
I can agree that we must always be mindful of the past but I believe you can learn from it too. I believe this company's leadership has done just that by making better decisions in order to make the company stronger.
The argument of RS is redundant and improbable. Too many positives here.
Welcome to everyone new to the board and good luck.
GLTA true longs.
Thanks for the PM Mike. Your information was very insightful and only solidifies my opinion of this company. Things are definitely lining up perfectly and exciting times are ahead.
Most of the PRs I have read do not have a year. Not sure how some can say we can only look to the past with regard to the negative things the company has done, but not the positive. I agree with you that all are important to make a determination, especially since the positive far out ways the negative.
GLTA true longs!
Good luck.
Here you go Hulk, talk to Tradetalker regarding his conversation with Dr David N. Danforth Jr, Surgery Branch Senior Investigator, from the National Institute of Health (NIH). I remember when he first posted about it last year.
DR Danforth was first quoted as using SNDY products back in 2009. I am sure you can do some research and get his contact information.
At the same time I am always surprised when these guys take the time to talk to investors.
Good luck with your continued research.
I recognize that there is always a chance a company will make decisision that are not in the favor of investors. This company has proven that they are prepared to make those tough decisision. Regardless given how far they have come I do not see the need, or desire, by the company to continue to do those types of things.
The company has done a lot to prove this. The effort they put into getting the chill removed is evidence of that.
All in my opinion of course but I do not just throw my money into something I am skeptical of. I have full confidence in this company, its leadership, and the decisions it has made to put us where we are today and moving forward.
GLTA True Longs!
Yup! I stand by what I said. Those figures were merely projections from a year ago. We are all disappointed that it has not reached that level yet but that's life.
Highflier has been spot on all of the information he has provided. Projections may have been off but that has been he case for everyone.
The vision of the company has not changed and it continues to progress. Might not be as fast as everyone likes but they have done everything right IMO.
If you do not feel comfortable with this company there are plenty of others out there. They may not have FDA approved products but I am sure things will be fine.
GLTY
There is absolutely no evidence of a RS either. Just because they have done it before does not dictate it will happen again. These are assumptions and nothing more.
Highflier stated that the information he provided was "what he was hearing." I have learned that every time Highflier has said that it has turned out to be true. As far as I am concerned his logic and credibility is sound with me.
Those of us who have been true longs the past year or more will not be swayed by tales of RS or what ever else.
This company has been true to it's word the past year and I am confided my money is in a safe place.
All IMO
GLTA true longs!
I do not see this as a disaster to longs at all. It may be disaster to shorts since there is no money for them to be made. Yet.
We are in the process of a plan outlined by the company. No one ever claimed that this would be a quick process and most everyone did agree a year ago that this was a buy and hold stock. Things have been delayed but the plan continues to move forward. The company continues to grow.
I feel just as confident now as I did six months to a year ago. Sure I would like to see the pps higher but I know it will come in due time.
All good things to come. No worries.
GLTA
There is absolutely no reason for the company to start over. This company has all of it's products FDA approved and CE Mark is right around the corner.
People complain about sales and why it has not taken off in the US yet. Let's keep in mind that this is an evolving technology who's use continues to grow daily. The increase in the sales we have seen proves it.
Once it takes off globally SNDY will already have the licenses in place for production. Merge that with a company who has the ability to meet global demand by mass production and sales will go up. This is working like clock work and it is very easy to see the CEO's vision.
IMO, in the past the CEO may have used market shares to assist in meeting funding shortfalls. No different than any other company on the pink list. I believe SNDY is well beyond that now. The proof is how little dilution we have seen the past six months.
Like I said before. SNDY is in between stages and people are bored. When people are bored they assume the worst and make up stories and ridicules theories to fill the gap. Once news comes out and we become the next shinny object, this will fly. As momentum grows, those of us who are long will be very happy.
Have a great day all!
GLTA true longs!
I look forward to the day when CE Mark is initiated, the joint venture, or even a merger is announced.
In the past year, this company has done everything it says it would and followed it's CEO directed strategy to the tee. All those who say otherwise are only fooling themselves and will be disappointed in the long run.
All in my unbiased, not agenda to push opinion. Just an analyst who knows a good thing when I see it.
GLTA!
It had everything to do with debt. The company will not just come out and outline it's shortfalls in a PR.
The company is making positive stride and is in a far better place than what they were just a year ago, when most of us got on board.
To do a RS would be suicide to investor confidence and to the company. Unless it was done in a way that was still profitable to all investors. Either way, very unlikely.
I believe that since the pps ran up as high as it did last year, it gave the company's management enough confidence that it will again once the CE mark is implemented. Along with a JV or a potential merger, stronger hands will get involved and the pps will run. In due time.
The problem now is SNDY is not sexy. Nothing going on but waiting. As soon as some tangible news hits and we become a shinny object again, people will return.
Overall it does not matter. You may be right. I may be right. We both might be wrong. Time will tell and I have quite a bit of money on the line because I am more than confident that I am right.
Nothing is going to change my mind. Way to many positives.
GLTA
Just because the company has initiated a RS in the past, it does not indicate another one is eminent. This is not a pattern. Yes, in the past the company has relied on the RS to get them out of trouble. During those times the company had not accomplished nearly what they have today.
The company has no need to do another one any time in the near future. Just the fact that they are nearly debt free is a clear indicator of no RS.
None of the previous RS's conducted by the company were based on other RSs. Each of these RS's were anomalies. Anomalies dictated by variables. As far as I can see none of these same variables apply today. Therefore another RS is improbable.
GLTA true longs!
No they have not. They may have been overly optimistic at times but there is no doubt that progress continues to be made. Maybe if people took a basic class in business things would be a little more clear.
At this point the company is not at all attractive to traditional penny stock traders. Way to slow for you, got it. Once goals are met and news is released those same pessimists will be beating the SNDY drum once again.
Everything is going as planned per the company's outlined plan. Maybe not as fast as we would like but that is business and life.
GLTA true longs!
No one is denying the company's history. A RS is possible in any company. The point is to go one the company's history as the primary point for their future decisions is extremely narrow minded. All variables have to be considered and at this point very specific indicators for another RS are not there.
Again, the point is the company is in an entirely different place now. CE Mark is much closer than anytime before (we know this per the company), very close to being debt free, and a continued increase in revenue.
At the end if the day everyone has to make their own decision with this. No single point of information should be disqualified without a substantiated explanation.
I do not see another RS in the near future, regardless of the company's past decisions.
GLTA true longs!
Are people really surprised that the CE Mark missed it's Nov projected timeline? Most said from the beginning that it was very ambitious but that is was at least a projected deadline. Of course we are disappointed that it was not met but come one. It does not change the validity of this company and the things it has done, and will do.
For someone ever to propose, or think, that the SEC should step in because they missed their projected deadline is silly.
Take a look around pink land. If a person feels more comfortable investing their money in a mineral company in South America than in SNDY, a company with real products with FDA approval, pending CE Mark on these products, and a steady increase in profit the past year, then by all means. GLTU.
I plan on staying the course. I am down at this point too but at the end of the day my support for this company continues to grow.
Oh by the way, SNDY is a part of an overall bigger stock market which in case anyone isn't watching is down.
I am sorry that SNDY will not pay anyone's rent this month but if you stay strong, IMO good things will come. Time will tell and patience is key.
GLTA TRUE LONGS!
There has not been anything misleading about the CE Mark. The company they hired clearly has SNDY on their website as customers. Yes it has been delayed but misleading? No!
All fact and IMO
And should your "theories" make me want to sell?
circumstantial
Based in what? Who agrees? Please provide a little more than your "gut feeling," just because we are 0%?.
If we base anything on the company's history than we should expect a share buy back. I believe that is what the company did this time a year ago.
I believe any set backs now, could be due to the market in general, not what the company is or is not doing. No one knows what the next few weeks and months will bring.
Time will tell.
Happy New Year all!
GLTA true longs!
Happy Birthday Stan Lee!
GLTA
Assumptions can not be made based in prior actions. Just because a company conducted a R/S in the past does not mean they will again. The company is in a much better place than what they were back then.
GLTA true longs!
Clearly things don't look too good right now. I believe we are in a rut waiting for CE Mark and all other news. A mixture of impatience and uncertainty is winning the day.
Regardless, nothing has changed about this company and it's goals. Patience continues to be key.
As Highflier always says, the company will put out information when there is information to share.
This company has way too much going for it not to succeed. It just takes time and intestinal fortitude.
GLTA True long
You seem to have made up your mind. Trying to change mine, or ours, is futile.
I still believe the merger or buy out is very possible, or even probable, but I do not need to post that everyday. I trust this company. I thought the CE Mark was a little overzealous from the beginning. I have full confidence that it will come.
Things do not happen overnight and I believe this company has been very forthcoming to investors.
Yes there has been some dilution but very minimal compared to most pennies. Very minor.
If you own any shares I recommend you sell now and move on. As I said, it sounds like your decision has been made.
GLTA true longs!
This is great news!
In my last post I stated I was not "go back now." I said that wrong. I meant to say I was not "giving up now." My mistake. I will always stick with SNDY because I really do believe in them. As should everyone else. In my opinion of course.
Thanks Penny for correcting me. ;)
GLTA true longs!
Michael F
Let's keep in mind that it is not Solos, the company, going for CE Mark but it's medical device products. Everything I have read regarding CE Mark auditing only reflects the products and not the organization.
The references you have provided are good but they are also by American standards. Europe is a whole other ball game.
Now I have not seen anything in the CE Mark literature that states a companies full disclosure is or is not required so either way is possible. Everything just states full medical device product disclosure.
In my opinion this will not affect the process but time will tell I guess. I have been with SNDY almost a year now and not going back now.
It may have taken Solos a full 25 years to find their niche in the market, but that is 25 years of solid experience, FDA approved products, and an outstanding reputation in the medical device community. We just need to improve our stock market reputation.
All my opinion of course. ;)
GLTA true longs.
Michael F
Well said, I could not agree more.
Have a great weekend!
GLTA true longs.
Great post and advise. Thanks!
As someone already posted, this goes back to August and although it may (or may not) have slowed some things down, either way it is not a show stopper.
Everything I have read on this tells me yes, Fairhills did own SNDY stock but, nothing was done by Solos Endoscopy that was illegal and or unethical. Solos's only involvement is the fact that Fairhills owns SNDY stock. In my opinion this is temporary. Besides it really does not seem it have affected that much. Well other than a few brokers not allowing trades. Solos will continue to move their business plan forward regardless.
Some people really need to stop making pre-drawn conclusions.
GLTA true longs!
I use USAA and I have been unable to trade for several weeks. When I called USAA they told me SNDY was in a Global Lock. I was initially concerned but figure it will work it's way out. Especially since only a few others had the same issue.
Regardless I still have full faith in SNDY and figure it will work it's way out.
GLTA true longs!
This comes from Solos Endoscopy's website. Seems that would be pretty legit to me. Do your DD my friend, this was an easy one.
GLA true longs.
I don't think it's a lack of interest as much as people waiting for news or indication of a move to the next level.
I believe there are still plenty of eyes on this and they are just waiting for a reason to jump.
GLA
There really is no need to go back and forth on this. Those of us who are "true longs" are well aware of how long SNDY has been around. We said long ago that it is very difficult to compare trends given SNDY continues to cover new ground.
The fact that this is a 20+ year company tells me the leadership has the experience to take the company to the next level. This is all uncharted territory for them and I would not trust them if they were a young company.
I am standing steadfast and strong, waiting for the next run. In my opinion it will come, when we least expect it.
GLTA true longs,
Michael
In my opinion the future of this company is clear and all of the insiders know it. It does not take a rocket scientist to see it.
I am not an expert of all of the nuances of the market but there is a clear manipulation of this stock. I am not saying there is anything illegal going on but there are plenty of ways to manipulate it. Especially in penny land.
I believe this cat and mouse game will go up and down until much much stronger hands gets involved. I do not think this will happen until the CE Mark is in place and partners are identified. Either way things will get better.
As so many have stated this is not a stock for the weak hearted.
Stay strong and GLTA true longs
Michael
Congrats PennyBear!
Good evening all. I have the iPhone app, "Hot Stocked: Penny Stock Monitor" and it has that HSS (Hot Shot Stocks) article, which I pastes below.
Now it says no money was paid for this article and the article even states that this is a "long term hold." To me that goes against the "Pump and Dump" strategy and I do not believe this is SNDY driven.
The app does show that a third party paid for articles on SNDY back in February and April 2012 but if memory serves me right it was proved SNDY did not pay for these back then either.
Either way, IMO this does not affect anything and if anything will bring even more eyes to SNDY. Advertisement: YES, pump and dump: No
All IMO of course.
GLTA true longs!
-------------------------------------------------
HOT SHOT STOCKS
"SNDY
Show me the money!
SNDY
SNDY just released news that the Company now has the capability to provide 45cm instruments for use in bariatric procedures, not only in its standard line of instruments but also in the SteriTAP line, and they also let out the CE MARK schedule!
This PR is just one more indicator that Solos wants to be a serious player in a multi BILLON dollar industry!
Solos Endoscopy joins a high profile Expert Resource client list which includes BASF, Black & Decker, Dow Precision, Hitachi, J.D. Power & Associates, Microsoft Corporation, Northrop Grumman, Quest, and Toshiba, amongst many others.
We think that SNDY is a long term hold...lock and load!
Solos Endoscopy's Bariatric Instruments Are Now Available
PRNewswire Wed. July 25, 2012 8:30am ET
Don’t miss out!
And remember, you heard it here first!"
I also really think Canada will be a big part of this. We always put emphasis on the US and Europe, which we should, but I believe Canada could be a large market. They have been looking for alternatives to the mammogram for some time due to the high number of misdiagnosis in men and women.
Someone mentioned this back in March or April and I started researching it. I believe it to be a pretty solid theory. Time will tell and either way we will know for sure in due time.
GLTA
Michael F
Thanks Mike! I agree with all. I know people have a hard time trusting and putting faith in a Pink Company but this company has done everything right.
This is not a new company that is starting from scratch. They have been around a while and have had plenty of downs to learn from. Everything has moved forward as planned and with what I think extreme care.
July 31st? Can't wait either.
GLTY my friend!
GLTA
Michael F
I am just glad it has finally been posted. Thanks JD for adding the link. We all know what we own and the company really can not be any more transparent. IMO the days and weeks ahead are only going to get better and better as we go.
Just a hypothesis; what if SNDY leadership wanted to lock down the Key Suppliers and potentially partnerships before releasing this information? Maybe? I am sure anyone could post a potential negative reason for the delay but I really do not think that is the case. Way to much positive things going on.
Regardless it is now up for all to see and the path for good things to come has been laid.
All IMO of course.
GLTA
Michael F
CE Mark projected schedule posted on the Solos Endoscopy web site under "Investor Relations." I just noticed it.
It looks like they are projecting to receive the ISO 13485 & CE Mark Certs in November 2012.
GLTA SNDY LONGS!