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Oh ok. It's only speculation at this point.
All it can be until he decides what to disclose. CleanFlow® is an oral sterilization appliance. There's no way FDA can't* be involved to my mind...
I'm not understanding your question, sorry...
Bjarne withdrew April 11th (says in filing)
So much turmoil, politics, war, inflation, interest rates. Very difficult time finding any stability.
Starting to sound like the FDA was the fly in the ointment. Well this is a material event alright. We are due some sort of guidance. I hope it's transparent or we could see a Nickle. OUCH!
I'd call him anyway for sure, want me too?
He will stay here for now I think, regroup. Good luck with that subpenny bid. Hard to say where we level off. I sold a small amount to buy back in. It was really challenging catching a falling knife.
My immediate thoughts are it will bottom out around the .06-.07 area. There's like 43 million in cash as I recall so the last thing Bjarne will be doing is panicking. Business as usual, bet on it. This still comes as a surprise even though half expected.
He only filed for release from application to relist yesterday. But early to predict yet you're right. That was Plan B when we last spoke. We can be certain there's plenty of deliberation in the Nerve Center as we speak though.
Kind of looking like the Nasdaq now.
Not sure what happened here but hunch we'll know soon enough.
Wow I never looked so handsome as then...
Not quite but yes, SONX stayed low info.
Out of the $15 million sale price. There was $1 million that was left to be paid to Valsoft a year from the signing of the partnership. Again very little to no transparency at all, as to why.
Theory... you know all these tidbit shares that keep getting filed as D for disposed of or words to that effect? Yeah those puzzling Form 4 jobbies that's right. We might see more of them for that year as SONX cleans up loose ends still under contract to SONX. THEORY*
A partnership huh stumped let me think... You mean like Valsoft?
Another gig besides Root Canals. I'm sure glad you're easy to please... Oh wait could that be CleanFlow® Procedure Tool?
Very interesting suggestion, another medical application like sterilizing sutures after E/R surgeries I hear you say.
Possible? Certainly.
Plausible!? well Endodontists use it for surgery sterilization already to great success.
Probable hmmm... Bjarne has already mentioned the base kiosk for Gentle Wave was now in it's final phase. So definitely plausible. He may seek another medical application for the GentleWave tech as it's patented. Something delicate but difficult to get too would be my hunch.
You may well be onto something here Scottie 🤔✔️
In terms of potential it's ultra-conservative
Say you hang in long enough to ride the relisting on 50,000 shares. SONX only needs to hit $2 and there's your $100,000. As you know $2 is even an insult to some longs here and in a way I can sort of see there point.
The average opinion I could find is that the relist share price will hit $5 anyway. That's fiercely dependent on the strength of the news around the relisting, the time of year, the general shape of the market etc etc.... All in all I'd be delighted with $5 but everyone has there own entry and exit planned.
So there's probably not even any AI program that can predict the mood of the market with sure footed accuracy. MOMO, FOMO, real world valuations, potential, that day's market mood. Many factors will determine whether $5, $10 or yes even $15 on a to the moon atmosphere. Really difficult to predict market sentiment accurately.
If there is you're going to let me know, right Scottie? 😎💰
Guesses out of thin air, CONJECTURE understood?
It's out of Bjarne's control right now...
It could be the FDA holding up the whole shooting match! I really* doubt it's Biophase shenanigans that would be prejudice.
He may be waiting for the other foot to fall in terms of development like a new procedure, a knock your socks off contract.
Our Ace in the Hole is definitely Bjarne. His patience and determination here is phenomenal. That means he has very good reason to be this patient, this determined.
Charlie Unger once said (or words to this effect). Successful trades are not in the buying but in the waiting. H
He also said you have to accrue $100,000.00 to become a millionaire. Scottie I think SONX (directly or indirectly) will make us all who wait, millionaires. 🤔
STRICTLY* Bjarne's Call, he's in no rush to sell
Better he builds up market cap and intrinsic value (1,000,000 Root Canal procedures, so many Gen lV machines sold eg. ) first. That way he wins more projected value from the buyer. Translating to exponentially more money in your jeans as well as his.
He would definitely need to ok any offer with the executive first. As well as file any MOU, LOI etc. In a timely fashion.
JMO but I really don't feel like Bjarne is even going to entertain any offer in the short term. He told me in emphatic and no uncertain terms! He wants to build the company above all else. 👍👍💰💰
Useful page for Data NERDS
https://fintel.io/ss/us/sonx
During the day it will show you Real Time short shares if any. David Lee Roth, you strike me as a died in the wool Data Junkie if that can be categorized. Have a ball! 🤭
Short volume EXPLODED last week of March
That was right before the 10-K. You have to scroll down a stretch to see the recorded data. Watch this space during market hours for any real time short interest. Only place I know of that's accurate.
https://fintel.io/ssv/us/xesp
I had my appointment for my audiologist booked at that stage. But good to know thanks Bob. They certainly annihilated it expertly. I was far from patient by the end, I was more ready to pick up the phone and read him his fortune.
If this doesn't work, time for new phone 🤭
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=318228227&type=HTML&symbol=SONX&cdn=9692ee0352c69f7015696b4a28557d9d&companyName=Sonendo+Inc.&formType=8-K&formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&dateFiled=2024-04-10
It's only an idea but I wonder if it's time has come.
Would Bitcoin payment make procedures on Gentle Wave attractive enough to more customers? As in attractive enough to warrant getting tied up in the blockchain payment system. 🤔
Nice! I'm out though.
A 3 part merger is 6X more involved and I wasn't comfortable hanging around that long. I'm sure this will do very well, but bills to pay here. I'm monitoring, there will be pull backs. I might pony the capital later but on the bench for now. Best of luck you'll make money here even just playing FOMO expectation before news hits. Got to pay my taxes. 😩
Just hit me, this might be a priority crunch.
If Peter doesn't get that 10Q out first. He may find himself in hot water if he starts announcing a bunch of new contracts without last year's business completely reported. 🤔
Oh ok nice work Bob, interesting thank you.
There wasn't any mention from the accountant of rescheduling mentioned. He alluded to "redoing" February's but entirely possible for May given the last one. Perhaps he was dropping a hint not sure. If I hear from Peter I'll ask that question for sure. Wish the Dickens he'd call though. I also have some tasty contracts he'd be interested in .
LMAO! Doubledown McWhale 😂 Too funny!
Freaky Flyday wow you must be special? OK* then!
You'll shake your head at the conversation after. Incredibly at ease he will put you. Yet at the same time all business. He's the type of CEO you'd wish more could aspire too. I write down questions in order I want most the answer too. Asking tough questions first puts you progressively more at ease as the conversation rolls along. Which it will much to fast. So jot down answers after while still fresh in your mind. Then we'll give you the weekend off to recover. 😂👍
Is today the day for that phone call?
Go for informative answers you've got a lot to unpack there. Answers you want more important than answers that make no sense. Good luck, let him know I said Hi please. 👍
For absolute certain Scottie
That's one of the big reasons small companies aspire to NYSE. The tremendous exposure to famous companies is worth the price of entry. Bjarne has Europe in his sights guaranteed buy out or no buyout.
"and they tell us, the best is yet to come"
That's what Bjarne has to parlay in layman's terms to the NYSE so the fundamentals are fully understood to the average investor. Not a simple task by any means. But one I'm still very excited about.
Thanks Scottie, been watching the glowing personal testimonies of professionals going back up to six years ago! They're all so supportive and enthusiastic. Anyone thinking this is some gimmick have clearly got Sonendo all horribly wrong.
Well exactly my point personified, thank you.
Yes the ultrasonic frequencies in Gentle Wave are all AI driven to speed up and improve the cleaning process for the patient. If they can't get rid of all the rotted pulp there's a strong risk of infection after the procedure.
So to accomplish this safely enough for FDA scrutiny. Gentle Wave has to be driven by Artificial Intelligence. There's a million different frequencies per second gently /safely cleaning out all the infected pulp. Without Artificial Intelligence Gentle Wave could never achieve what it has accomplished. CleanFlow® Procedure Tool is pure genius. It will be doing all the heavy lifting of the procedure required. I don't doubt these frequencies probably strengthen your gum tissues as well as the teeth in question.
To me this is a very big deal but somehow management doesn't see that as such a big deal somehow. I don't get that part. Norwegians are hands on folk, very get it done efficiencies are quite common, but albeit very modestly. For me as an investor that's a marketing mistake. They can't be holding AI info for the uplisting they have marketed Gentle Wave for years.
Awesome tech, but hardly a trade secret. This is why I don't understand why management underplay this AI technology, it's a technological marvel. Maybe there so close to it they're not surprised anymore after 3-4 years. But I'm in another AI play that had no news, no filings all it did was trade 1000 measly shares, that's IT*! . That was enough to drive the stock up 53%.
So it sticks in my craw a little Sonendo's AI gets quietly pushed to the bench and not put out on the field in marketing play so-to-speak... 🤬
Either you believe in the medecine or not.
JAGX has a lot of believers here right now. It's like standing on a fault line in the middle of a good shaker, nobody knows if there will be a tomorrow for sure or not. Management is not helping.
For the record I'm one of those believers. Fact is however preservation of capital has to be a very clear and present danger for JAGX right now. I don't know how management can calm those fears with the cat out of the bag like it is today.
Back in after RS with any luck
If they drop the R/S bomb before August for no reason. It's subpenny land for sure to my mind. Fife is going to blow this up I'm supremely confident of that, the question is when. All in my very honest opinion, my Ouija board has been having costume difficulties lately...I must say. This stock holds a 3 month dark cloud over its head now, no spring bull run for you!
OK they have a Q2 coming that may or may not new reflect European sales, fair comment. But let's be honest, everyone is here for Phase lll dollars or bust. Everyone will be dazed in a haze if JAGX drops THE BOMB for no apparent reason...
If I had a critique, it's a quivel but
SONX is very what hmmm. Bjarne is so modest. This is an AI stock fully fledged. A million frequencies a second. That's a big deal but he underplays that fact. I don't get that part, no sir not a bit!
Did you brush your teeth today moneybags?
What are you seeing that makes you this bullish. Figure she's ready for the NYSE fireworks or something.... You had coffee with Bjarne... You went to the NYSE and heard a rumor. There must be some high note you're all twitterpated about, care to share spill the beans throw down the SONX gauntlet?
Wait you're dollar cost averaging and bought another 200 shares? Throw me a bone dude.
One quirky explosive enigma, 1000 shares kaboom
Imagine if new contracts news hit Lordy boys might be looking at paper instead of silver. No telling what this stock might do. I felt sure they filed or PRed. Nope some dude dropping $200 for grand sum of 1000 shares.
Well if nothing else looks like we established the bottom. C'mon XESP you know something, are you going to tell us?
That would be fraud, why risk it all.
I am half in agreement at least. Fife has her by the shorts financially somehow. She's the classic puppet CEO. So sad people in that state are in desperate need of human dignity. To be jerked around by this charade seems quite criminal indeed.
I was trying to understand why company would
use same biostatistician. Wouldn't you fire the guy for the sake of your own company's reputation.
Something simply wasn't adding up, still isn't truth be told...
Did a little fact checking on ValSoft
The PR is correct Valsoft bought TDO Software outright, they own TDO Software (kept the name) but here is where it gets a tad ambiguous. SONX didn't take receipt of the last million bucks from Valsoft. Won't either for another year but that's where the rubber meets the road, under what circumstances.
Several ideas but pure speculation on my part. Bjarne might still be the CEO figurehead for TDO for another year. TDO might still be paying out to SONX employees incentive shares under contract till a year from now. (Not so unusual as you might think).
Valsoft wants to develop TDO to a point where they have a buyer for it. I think they'd be willing to flip TDO for a 100% profit. But to whom? Well a very subjective question frankly but two prime candidates in no special order. Canada's Ministry of Health would be very wise to latch onto it. On the other hand, the 4 Amigos from Valentine's Day. They know a lot more than we do. Chances are some huge American affiliate might buy TDO Software as well.
I was really getting amped about the partnership SONX and ValSoft have. Remains to be seen but if SONX TDO employees are still contractually involved Valsoft won't be in a hurry to cut them lose. That could be a real headache for both partners. Thing is TDO and SONX were meant for each other. Heck Valsoft might end up selling multiple versions of TDO to 4 or 5 different SONX buyers. We just don't know what the limitations or parameters of this Partnership are yet. So for now, we're only grasping at straws. Patience guys, something's brewing...
Sticking to my guns on that one.
Define close I say mid-may or mid-october been saying that for well ever since we started talking about it to be honest. Hey have you followed our fearless leader on Twitter? You're going to hurt his feelings you know?
Good stuff thx, ValSoft is high market cap
By that yardstick (haven't looked) I'd say bigger than SONX.
Easy reading to much into it.
"A partnership is an arrangement between two or more people to oversee business operations and share its profits and liabilities. In a general partnership company, all members share both profits and liabilities. Professionals like doctors and lawyers often form a limited liability partnership."
Say if you do or don't like this idea please.
I just checked Bjarne's Twitter account. It has been inactive since 2018. Nothing, not even a pulse! So what I'm proposing is we give him a friendly nudge. Quite a few of you have said that he needs to be promoting more. Understanding that he's extremely busy I can see where he might not want to be bothered too much.
That said, just his presence on Twitter could speak volumes not only to investors but also customers! So here is my suggestion please don't be quiet, speak... UP! Just say yay or nay please. Should we all give Bjarne's Twitter account a follow this weekend as a quiet yet affirming suggestion that he be more active with the public?
I mean say why or why not if you are very strongly opinionated on it. But all I'm really looking for here is a consensus that we all follow him on Twitter as a friendly reminder.
https://x.com/bergheimbjarne?t=OvY3JYU25CVATtfcwyk7Sw&s=09
My goodness, you and me both.
SONX isn't in any Quiet Period. He would not be chatting with Tiger next week if he was. We are certainly ripe for a CFO new hire. Quite honestly that could also be why we are seeing the controversial Outstanding Shares count oscillating.
Bjarne would be taking a risk buying back at this juncture IMHO. Not saying it can't be done! Just saying without all his ducks in a row it could be seen as imprudent. Trust me that's not the Bjarne behaviour model I know. Risk taking isn't exactly dominant in his DNA. Very careful yet even more determined to build the company.
Here it should be emphasized the Share Price and Management's current knowledge and vision are differently evolved. So both can rarely be the same, often miles apart.
If it was a Buyback you can be certain Bjarne would be PRing that fact BEFORE it starts happening . Crazy not too. Can't for the life of me understand a situation like a BUYBACK on the sly. Not down here, doesn't make sense. They've pushed the Outstanding up instead of down for sometime. Monday or Tuesday still buying back. Then maybe. 33% above average volume today doesn't suggest to me like someone knows anything.
I'm still going on the premise. Valentine's Day Club has a lot to do with the SONX~Valsoft "Partnership"