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Covidien to Host Investor Meeting on September 15, 2010
DUBLIN, Jul 07, 2010 (BUSINESS WIRE) --
Covidien (NYSE: COV), a leading global provider of healthcare products, will host an investor meeting on Wednesday, September 15, 2010, to update the investment community on the Company and its growth initiatives, strategic priorities and financial outlook. The event will be held at The Plaza Hotel, Fifth Avenue at Central Park South, New York, NY, will begin around noon and is expected to conclude by 5:00 p.m.
The program will include presentations by Covidien's Chairman, President and CEO Richard J. Meelia and other members of the senior management team, including the leaders of each of Covidien's operating units. A more detailed agenda will be communicated prior to the meeting.
Advanced registration is required and attendance will be limited to those who register in advance. To register for the meeting, please go to the following website: http://www.zoomerang.com/Survey/WEB22AVCGMQHWX.
Individuals who are unable to attend the meeting in person will be able to view a live video and webcast at Covidien's website: http://investor.covidien.com. A replay of the presentations and the presentation materials will be available at the same website following the conclusion of the meeting.
the wording seemed to indicate that they are open for business now.
"The opening of this manufacturing facility was critical to our plan, as we are now equipped with the staff, equipment and space necessary to manufacture a variety of radioactive and non-radioactive pharmaceutical products."
Looks like VLCO slammed on the brakes. where did the volume go?
ATTENTION ALL POSTERS>>>NOTE FROM BOARD ADMIN!!!!
All opinions are welcome pro or con
Stick to POSC
No personal attacks
then i guess you should sell out your positiion and buy back lower.
We should be over .10 right now without any partnership news.
528K buy at .0835 niiiiiiiiiiiice
On the financial front, Mr. Oden reports corporate financials are being reviewed by a third party accounting firm in preparation for auditing. He went on to say, "We have started the review process of our internal 10-Q’s and 10-K’s for the 2008 and 2009 Fiscal years and the 10-Q’s for the 2010 Fiscal year. We anticipate this process will be complete in approximately sixty (60) days. Each Q and K will be filed in accordance with SEC requirements as completed. Our intention is to prepare and file all required documents and be current with all SEC financial filing requirements as soon as possible. During the completion of this process, we will continue to post our most current financials on our website."
as soon as the financials are filed. is my understanding
VLCO adds Joan Rivers for talk show......nice move
VLCO adds Joan Rivers for talk show......nice move
i had 3 but they are gone now. i read this too late
3 market makers stack offer at .0799 tells me someone wants to keep share price under .08 or trying to force some selling for accumulation under .08
my interpretation is something is brewing sooner rather than later.
I have seen many different reports on POSC short interest. But here is what I find.
http://www.otcmarkets.com/stock/POSC/short-sales
why do you think that means we are getting closer? and closer to what?/ parntership info?
getting a little nerve racking seeing bid support evaporate. it looks like after the 1 bid at .07 it goes to .063
Very nice volume and hit .11 today
he can have his opinion as long as he dosen't break the rules and slander or go off topic. even if he is wrong. just click on his crenn name and chose ignore and you won't see his posts.
you make a lot of good points. i believe that these expextations were set up by BMR and POSC could have come out and dispelled the buyout rumor but did not. many investors bought POSC for a quick ride based on what they believed to be inside info from BMR. (not a real solid reason). even after the partner is released, it is about the sales, revenue etc. that come after it. it is not the plan but the execution of the plan that will take this to a multi billion dollar revenue company.
Good news but how much stock does Etrade have at .07? this stock is not going anywhere until they get cleaned out.
I find it hard to believe that some people actually buy or sell based on message board postings. it is a forum for opinions.
there seeems to be a ton of stock for sale at .07 any ideas on that?
i understand what you mean ..its like i bought stock in a company and things arent going exactly how i want them to so i hold and constantly bitch and moan. some people are just like that in life.
wow, slammed from .085 at 3pm to .074 at 3:35
hey ..thats a pretty good day for vlco latley
How do you interpret the lack of news since July 8? Troubling or an indication something big is imminent?
from .093 offer to .07 bid with not much volume
not a good sign
Good sign that the order sizes seem to be getting larger.
where are the news releases? something positive must be going on.
short lived early rally. looked like a gap up to .095 pre market and sold right back down into the red very quickly. i was getting all jacked up
VERT has been on the offer at .07 for months now. There must be a HUGE amount of stock being sold there.
where do you get that info?
sometimes thsy just put in a small order to get it to print at that price.
painting the tape
it has not been .10 offer yet
these are the days where it is fun to watch POSC trade every tick!
about time
Stuck at .07 since yesterday. Someone had a huge block yesterday all day with NITE and today its ETMM
POSC is definatley getting leaned on at .07. Even when we get over .o7 bid they knock it down ans sit on the offer with NITE with size.
not sure who or why. could be shorts wanting to keep it low.
some news would help.
Last print at .195. looking better. need some bid support
It looks like NITE has sold close to a million shares at .07 today so far.
I have no knowlege of any deal like that.
Based in the projection of selling 70 units in the next 18 months, there will be $84 million in revenue from Attrius alone.
From POSC press release July 8,2010
"Positron’s Attrius™ has seen unprecedented interest and sales. As a result of the recent sales, Positron has met its six month projections and has to increase production earlier than previous estimations. Based on Positron’s current sales and a more robust pipeline, the Company believes that they will surpass 2010 and 2011 targets of approximately 70 systems in the next 18 months."
$800K for Attrius
$400K for serive of unit
_________
$1.2 million revenue for each unit sold
X 70
__________
$84 million in revenue over the next 18 months with just Attrius sales.
That does not include pharma sales or sales of other products. Nor does it include any additional revenue from patnership agreements.