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What do you mean by the "slow decline of the value of their company?" They are probably debt free by now, or very close to it. Today's news brings fantastic news of sales channels. They have engaged a firm for the CE Mark that has a 100% success rate.
I'm sorry if you bought in higher than a good number of us, but I don't think the value of the company is in slow decline. Just the opposite!
Where did you hear that "it was supposed to go to a penny?"
2010 President's Letter:
Find it here: http://www.pinkinvesting.com/filings/view/14776//
There is nothing here about a partnership or merger.
2007 President's Letter:
So, then, was it really a dilution or just that some more shares were made available? Yes, about 20 million more - but that is out of 1 billion. If that billion were 100 shares, it would mean 2 more shares were made available. I just like to keep things in perspective.
No, it hasn't been in every letter. Why do you continually repeat the same misinformation about SNDY, even after it has been proven to you to be false? If you have something to contribute, even constructive criticism of the company, you are free to do that. But I would ask you politely not to spread falsehoods.
It's becoming tedious to do the DD for others. Did you read the President's Letter? Let me quote this from it:
"Solos Endoscopy plans on developing new strategic partnerships and joint ventures."
Is that clear enough?
Why are you asking this question? They have followed through every single thing they said they would. I don't think it helps the SNDY community on this board to just toss out questions like this that are leading without any substantiation.
The only time you lose money is when you sell. Don't sell, you lose nothing. The company is in good shape and will do well. The trash talk will not affect the PPS and reveals nothing either. The same nonsense that has been addressed over and again is brought up. They are doing exactly what they said they would and follow through is good. Good luck to you all.
We have no way of knowing that. Some may or may never. Simply because a company has authorized a certain number of shares, that does not mean they will sell or offer all of those shares. No indication has been given that all or even a majority of these "new" A/S will be offered in the near future.
Yes, which is why there is no dilution going on - based on what we know to be the O/S and restricted share numbers.
519 million O/S is a far cry from 950 million. And, it has only been raised once. Please do not lie.
Thank you, sir. Your work here is much appreciated by me. I know it is appreciated by others as well.
All the best,
lchase
Shareholders are not employees nor employers. They are investors. The day-to-day operations, the goings-on week after week, the internal decisions that need to be made, etc. are not going to be given to us. We look at the larger picture.
This is trading on Pink Sheets. The Press Releases are more abundant that a good number of penny stocks I have seen. The information we are given is correct and the follow through happens. No, 16% is not tremendous. Yet how many penny stock companies have even that? I can tell that the overwhelming majority do not.
If you are here to make the fast buck, it's not going to happen. That is why this penny differs from so many others. In time, this will pay off. All indications point to that.
You refer to shareholders as "partners." I am not a partner. Unless you have invested a significant amount of money and control 25 to 50% of the shares, I don't think you can call yourself a partner. Nor can we group ourselves together, as we are not grouped together such as highflier's group is, and call ourselves partner.
Basing one's entire commitment to invest or not to this company on a few days of price per share fluctuation isn't sound investment practice. It's the bigger picture one must look at.
Remember another golden rule of trading: you only lose money if you sell. Don't sell, you won't lose.
I did not speculate. I invested. Whether or not this becomes a great investment is yet to be seen. I did my due diligence and decided to put some money into the company. I am not here for a fast dollar. Please, do not try to define all of us. You can self-define, but cannot define anyone else.
I believe this company is heading in the right direction:
--they have filed their financial reports on time, with no delays;
--they have followed through on every thing they have said they were going to do;
--they have made sound business decisions to reduce and eliminate their debt;
--they have made it abundantly clear they intend to partner with others in moving their products;
--they have taken the proper steps in acquiring the CE mark, which then enables a more reputable marketing in the European sphere;
--they are known by professionals in the field, and are mentioned in professional journals.
This is not a fly-by-night scam nor a pump and dump.
Lastly, I agree that anything said here has any significant affect on the price per share. I do think that negativity may turn away potential investors and send up confusing clouds.
Let's act like adults and a group of investors: meaning polite and professional interchange, sharing information, and supporting our investments.
You have stated before that you bought high, and in a panic, sold low. Does that mean you need to come on this board with multiple posts each day, bashing it and belittling others who are long? That behavior seems rather immature to me.
First rule in trading stock: do not invent any amount of money you cannot afford to lose.
I was a little more concerned about the "management padding their pockets" remark. I'm glad you're an investor and I do see you as being positive. I just don't think the Solos Endoscopy management are pocket padders.
Bopper155, if you're not part of SNDY, why are you a moderator. I would hope our moderators would own shares and would have a little more positive attitude about the company.
That could account for the drop in PPS. Notice, however, the drop is not hugely dramatic. And when you consider that this was in the trip 0's in December and January, we're still doing very well. I wonder if an announcement might not be coming forth.
So, in other words, they're not flooding the market with half a million shares up for sale all at once, huh? Gee!
Don't you understand? It's out of the goodness of their hearts that they come to this board, some ten or eleven times a day, to let us know how bad a company Solos Endoscopy is and how we should not buy this stock.
True lovers of humanity, they want to save us from our own machinations and get us to get out of this stock.
You see, they have to hammer it over and over again - the same issues that no matter how many times others correct them, address them or offer other opinions - we who read these posts are subject to their writings, some of which strike me as quite immature and almost nonsensical.
No, they own not one share of the stock or they bought high and sold low at a huge loss or they hope to buy again at a very low price.
So, we must endure. Has the company followed through exactly each and every time they have told us something. Yes. Is the company making good and sound business decisions. Yes. Is it a real company that doctors have heard of, that is mentioned in the professional publications of the field. Yes.
But no matter, facts just confuse certain posters.
I speak to myself as much as I speak to others, we must learn to ignore them!
This demonstrates class. Thank you, Mike.
Okay, we know your opinion. You think this a dilution and you've told us that, a lot! Can we move on?
I absolutely agree!
Any one else noticing the bid and ask changing frequently this morning?
This is not repeated news. This PR gave us timelines - dates:
---"the Company is scheduled to commence its initiative to complete its ISO 13485 Certification and CE Mark initiative with Expert Resource beginning May 29, 2012." (That's in five days.)
--"Both Solos and Expert Resource believe the ISO 13485 Certification and CE Mark initiative will be completed within the next 5 months."
--"The company will be posting its schedule on its website during the first week of June."
The first week of June begins in 10 days.
So, no, this is not a repeat of the news of May 4.
Not too much to discuss. Overall, today was good. Ended one tick down - all arrows pointing north.
Thank you! You're a gentleman!
Mike, just a clarification please. You said,
"the contractor that purchased $55,000 worth of stock options on 12/31/2012."
Did you mean 2011?
Thanks,
lchase
Could you clarify your question? The grammar is off and I'm not sure what you're asking.
The extra 500 million are NOT for sale. They could be for sale, but they're NOT. The company is authorized to sell those shares but have chosen NOT to sell them. The O/S is what is important to look at. Please, learn!
The financial report listed 587 shareholders for SNDY. How many are posting on this board. 50 at them most? That tells me that the majority of shareholders are not here and probably don't care what happens on this message board.
In other words, it's not what is said or not said here that drives the PPS but the company itself.
Was and is there panic selling? Yes. That also means there was buying as well. When you get past the emotion - and I have emotion too, I would have liked to have seen the PPS go up and not down - but once past the emotion and looking at the longer term, this is good.
I absolutely agree. Everything done so far has been solid, credible, substantiated and accountable. A fluff PR would hurt more than it helps. Let's have patience here.
I'm not really sure why you're saying he has left. You can see from the posts above that he is still here - his last post on SNDY was this afternoon, at about 20 minutes to 1. I'm sure he has a life and cannot spend it posting here.
I appreciate his DD on SNDY and his loyalty to the stock and to the company.
Let's see, highflier "Mike" said:
--A/S amount would be increased - he was right
--raising A/S amount would affect PPS - he was right
--that the PR following the A/S would not be huge news and not send the PPS up - he was right
--that the bashers would come out in numbers once the PPS went down - he was right
Can anyone tell me where he hasn't been right yet?
I'm not going to let this PPS drop yesterday and today bother. It's not worth it.
You don't lose until you sell, and when you sell - someone else buys.
You can't sell into a vacuum or buy shares not there.
The hyperbole on this board, by some, is something else.
Hold tight, folks. Just hold tight.
Hmmm! I wonder if part of this dynamic is wanted and expected. Shake out the flippers and day traders and put the shares into the hands of longs.
By the way, not to beat a dead horse, but highflier predicted that he would be surprised if the financials and subsequent new release would drive the ops up. In fact, he surmised (and correctly) that the financials and PR would bring out the bashers in spades. Guess what - he was right again!
One thing interesting to note: many of the negative nay sayers here are names that aren't familiar and seem only to show up when they're something they think they can bash!