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Not confused my friend. Just not very comforting when I call SNDY sales dept. And I get an answering machine compounded with no return call NOT very reassuring. Also SNDY pr firm wrong # and only has 123 followers on TWITTER
I am just a little concerned to say the least!
Timing is Everything!
Revenues? If I pay off my mortgage but have no income how long before I get foreclosed? Afterall I still have taxes utilities etc.....
Not sure. Good question!
Lock for dime!
Lock your shares for penny, do not flip here for a peanut! This is a dime stock IF SNDYs plan comes to fruition?
Yes and so true. Money risk management also plays a huge factor. You can pick 7 out of 10 losers and make good PROFIT.
Solos Endoscopy Reduces Liabilities by More than $570,000
Company Expected to Achieve Positive Net Book Value for the Second Quarter 2012
BOSTON, April 25, 2012 /PRNewswire via COMTEX/ -- Solos Endoscopy, Inc.'s (OTCPK: SNDY) is pleased to announce that the Company has successfully reduced its liabilities on its Balance Sheet by more than $570,000. As a result, the Company expects to achieve a Positive Net Book Value when it posts its second quarter financials, and show significant reduction of its liabilities for the period ended March 31, 2012.
Solos Endoscopy recently issued Preferred Stock valued at $10 per share in order to reduce its liabilities by $315,000 and has reduced the remaining $140,000 in Preferred Stock payable as a forgiveness of debt. In addition, as result of other equity investments received, Solos Endoscopy has been able to reduce its payables by an additional $120,000. Solos Endoscopy previously consummated agreements, which resulted in the forgiveness of $457,471 in debt for the Company. The signed settlement agreement and new consulting agreement resulted in a reduction of ongoing expenses by approximately $60,000 per quarter that carried over into 2012. As a result, Solos Endoscopy was able to reduce its total liabilities to approximately $285,000.
Throughout 2011 and the first quarter of 2012, Solos has been focused on reducing its debt, and strengthening its Balance Sheet. The Company expects to be virtually debt free by the 2nd Quarter of 2012, and will begin to build its asset base by purchasing additional inventory of endoscopic equipment. Solos Endoscopy has developed several new modifications to its endoscopic instrument lines to accommodate the continual advances in Laparoscopic surgical procedures. The significant advances over the past several years have led to a number of advantages to the patient with laparoscopic surgery versus an open procedure (laparotomy). The demand for endoscope services is increasing due to an increase in the aging and chronically ill population worldwide. Advancements in endoscopic technologies and inclusion of various types of lighting sources, video cameras, real-time conversion of data into three-dimensional images are also driving this market.
The Solos MammoView? system is currently in use at various teaching hospitals across the United States. From July through November, mammary ductoscopy instrument sales accounted for approximately 40% of the total sales for the period.
"Solos management has made a real effort to reduce debt and position the Company for profitability. By working with its various creditors, management believes the Company can be virtually debt free by the 2nd quarter of 2012," stated Bob Segersten, President of Solos Endoscopy, Inc.
About Solos Endoscopy, Inc.:
Solos Endoscopy, Inc. is a HealthCare instrument company whose mission is to develop and market high quality and innovative instruments for the screening, diagnosis, treatment and management of medical conditions. Additional information on its FDA approved products is available on the Company's website at: www.solosendoscopy.com.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact: Amanda Segerstenrsegersten@solosendoscopy.com
SOURCE Solos Endoscopy, Inc.
www.prnewswire.com
Copyright (C) 2012 PR Newswire. All rights reserved
gOING ON 7 RED days what is Boost marketing doing they are supposed to be SNDY IR firm?
SNDY: Holding 750k wish I had more.
Timing is Everything! Hey that's my slogan haha
$14 bux ok
I agree with PennyBears TA works it is no crystal ball but it is an Excellent indicators. The FLoat plays a big role. As far as fundamentals sometimes it plays a role to a degree but is not the first thing I look at. IMHO the criteria I use for whatever its worth which has worked pretty good for me is
1. What the company does. The WOW factor. Example do they make gasoline from garbage plastic JBI# screams buy
Do they have a better Newer techhnology
Example: SNDY
2. Volume b4 price.
3. Technicals, consolidation, candlestick patterns etc..
4. No pumps & dumps. No promo plays for me
I shot an email to Amanda Segersten will post when she replies .....
From your lips to Dana Whites' Ears!
Who is promoting AVEW?
Timing is Everything!
Sentiment: BULLISH
GLTA Longs!
3/30/12 was last NEWS where statement was made "we believe to be virtually debt free by Q2" Looking forward to more POSITIVE news from SNDY headquuarters!
Yes very similar to that. 004 consolidation BOOM. They say history repeats itself.
I agree SNDY is building up some steam gonna be trading at a new high.
BUY when there's blood on the streets!
GO SNDY
www.talkvisual.com website for sale.
I could not have said it better Zeffie. My sentiments EXACTLY. I'm holding my shares.
This is just Shake from MMs IMHO.
SNDY sentiment = BULLISH
Timing is Everything!
SNDY gonna bounce off 50 MA.
Buy in weakness Sell in strength!
No sweat brother. Rather SHOCKED that I didn't set off a buying frenzy. GEEZ.
Big 20k instantaneous FILL!
Going in gonna buy big 20k ha ha
After an established downtrend
? Hammer candles have a small real bthat forms at the upper end of the days trading range
? The candle can be either blue or red, analyst usually do not differentiate.
? Lower wick at least twice as long as the real body
? No (or almost no) upper wick
After a bearish sell-off a significant rally brings price back up creating a long bottom wick. By day end buyers are able to push prices back to the upper range creating a short body.
The Hammer pattern signifies a weakening in bearish sentiment. The long lower wic continuation of the downtrend. However, renewed buying sentiment acts as support and drives the price higher to close near its opening price.
? Strength and Confirmation
The strength of a Hammer formation depends on where it appears. If a hammer forms near support levels, then the likelihood of a strong bullish reversal is high.
SNDY: $TRONG CLO$E Hammer Candle!
Would make for a nice weekend.
Listen, I rip up hundred dollar bills in my yacht enroute to my private island ok. I also have a mansion in forked river 900 million dollars liquid ok. ha ha . Totally agree
Listen, I rip up hundred dollar bills in my yacht enroute to my private island ok. I also have a mansion in forked river 900 million dollars liquid ok. ha ha . Totally agree
Thank you, yes it is a good lock down we have here. Tight float
No particular reason, other than chart lookiNg prime. Seems to be basing on low volume = Good sign IMHO all opinions are my humble opinion.
SNDY Either she plows through resistance or not.
People lie charts do NOT lie!
Timing is Everything.
SNDY ~ Is It Monday Yet ~ NEXT WEEK BOOOOOOMAGE!!!
AAPL going to $1,000.00 yea yea. The important question is when is the iPhone 5 going to be released?
WOW that is some serious due dilligence there KLee! That is pretty wasteful in these harsh economic times.
SNPK Mass casualties