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Why would he need to offer anything to take over?
I'd be happy with $1.5... heck, give me .75.
Looking at the last three years and current circumstances, I wouldn't bet on that. I would bet on a .25
Correct, at present, the deal is worth zero. If cfda approves late next year, then we have a return. Again, at present we can only speculate.
A lot of us bought that bottom or rode through it. Don't believe the hype and that this is the bottom. At the end of the month we may be all remembering the good old days at .33 cents.
What quantity shipped?
Lol, can you please tell that to tdameritrade acct and my accountant. They both express a different reality related to amedica. That made me chuckle.
We'd need to know a few variables to answer that question. How many units were sold YTD or QTR, at what cost, at what expense. No way to put a 425mm value on it until we see ledger. Everything else is simply hopeful speculation or a lie.
I cant see it being less than .22 but remember when we all thought the bottom was .60?
.22 to.25
If the Weigao deal is really worth 425mm why has it not been recently reported upon and why are we @ .33?
That's the most logical scenario with all information before us todat.
Boston745, do you know what the other coprotate officers or board members hold re shares?
Yes he did. Plus he just made another $2.5mm investment in the form of a loan. He definitely has an interest in the company.
Yes of course but those deal should become profits and not losses, right? No point to do a deal without an ROI.
It's all about P&L right?
That would be a crazy hire. Zimmer's stock would get hammered if Sonny was at the helm given Amedicas historical performance. Zimmers BOD would get crushed.
I believe the Amedica problems are one major hurdle but I am taking about the Zimmer issues...
https://seekingalpha.com/article/4102689-zimmer-biomet-needs-experienced-leader
Zimmer isnt in a position for any acquisition any time soon. Earliest would be 2nd or 3rd Q 2018.
Although he led the Company through a series of acquisitions that led to substantial growth, Dvorak's departure followed a string of recent bad news for the Company. In November of last year, the FDA issued an extensive Form 483 that detailed what the inspector felt were deficiencies in Zimmer Biomet's processes. These findings resulted in delayed shipment of certain products during Q4 of last year. The Company has two manufacturing facilities, in Puerto Rico and Montreal, with FDA warning letters that remain pending.
The Company issued a recall in December for one of their shoulder implant systems, which covered 3,662 devices, due to a higher risk of fracture. Zimmer Biomet faced another recall earlier this year for a spinal fusion stimulator that contained potentially unacceptable levels of cytotoxic chemicals. Fortunately, this recall only impacted 33 devices in the U.S.
This is really a long shot now right, given current circumstance now.
Shareholders would file a class action case against the Board of Directors. That would be the only recourse. Shareholders would be scr3wed.
Something not adding up with Amedica. Sometimes the simpler solution is the correct one.
Sonny will get for free.
That's my thought. He wants the company OTC. Makes sense.
So this BO was 7 years in the making. Interesting.
Purchase agreements are one thing but I'd rather see receivables and account payables at this moment. All good coverstations. I appreciate the debate and great that information is available in one location. Now we only need Amedica to release all the mist have variables in this equation. Without those data points, this is all guesstimation and not real.
You can default on a bridge loan? Come on...
We need to ask the questions. We can't blindly just say that Sonny is managing well and orchestrating an aquistion. I hope its true but we need to look at all the data points.
Amedica defaulting is a real possibility.
Not bashing, just asking a question that's been on my mind for the last couple of weeks.
What would happen if Amedica defaults on Sonnys loan??? Its possibly in the cards and would be a brilliant legal fraud. A ton of blind faith is needed by shareholders.
The only info we have to go in is charts. Once the company starts releasing positive news, ok... but that's not the current reality.
Charts say it will be cheaper next week.
Completely agree and thats why I want to verify it for myself.
Emails can be faked. I'd rather hear the information from source and not second hand.
Anyone can make a call to verify. It's not like making a wild prediction, guess or over estimating on invalid data. Let's all call tomorrow!
I'll call tomorrow to verify for myself.
another 4% down? What the heck is the co doing to make a correction?
I'd disagree. By the management team inability to submit proper financials suggest a lack of methodology and more a lack of experience or ability.
Spot on!
I agree on 50% of your statement, now if sonny would produce financials, investors wouldn't be in the dark.