Anxiously waiting for POSC to drop the big one!
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Very funny. I will marry you but it has to be before POSC takes off and there is no pre nup. LMAO
JJ how can you wear an outfit like that and not let us see your legs you sexy thing! Bwahahahahahaha!
This is very encouraging. I did not think we would see this move until after the new year. We should have a new infusion of cash and tax returns in the first quarter. Hopefully some positive news will accompany it.
There are a lot of people on the outside looking in that are content to wait. They are a little skeptical due to the past soap opera in May and are waiting for the hard news that equates to actual $$$$. Even though we can connect the dots on this a lot of people will not be satisfied until POSC releases hard news, or Cov makes a formal announcement. Until then most people are choosing to wait before they buy.
I am not exactly sure what you are asking. What I am saying is if customers want to use the PA/CA then they will also have to get their radio pharm through Positron. The revenues from producing the drugs just keep rolling in continually and are far more important and lucrative then actually any proceeds from selling a CA/PA to someone. The goal here is to make a steady stream of revenue by selling the Pepsi not the vending machines.
A product like the PA/CA is the kind of product that every hospital and practice that deals in high volume scans will want because it will save them time, money, and risk. This is the kind of product that can be a win/win for all involved. Cov did not partner up with Positron because they were bored.
Initially we were all a little confused as to what the deal was, but it is becoming very clear what the plan is. This will take time, but it will all come together. This is a stock to invest in not trade. It is unfortunate that people got sucked in by the BMR hype and Cov telling Rooney to back off on announcing anything didn't help either. However I cannot feel bad for the people that just blindly bought in without doing any DD.
Well fortunately for any major dilution to occur the a/s would have to be increased as there is not much left to dilute. Once the rollout and all it entails is announced then +.10 will be happen easily. IMO .20 or more is doable by the end of 2011.
You are absolutely correct about some trust being lost. A lot of people walked away and never looked back so they are not seeing what we are. If Positron executes this they will own the entire supply chain of radio pharm for their customers. There is a plan here and admittedly it was not communicated very well in the beginning.
Unfortunately this will take quite some time so nobody is getting rich overnight, but nobody ever does if it is a real company that is just starting to enter their growth stage. We will make a lot more money on this stock then if we let it sit in a bid board stock for a couple years that much I know.
Their competitors already know what the deal is for the most part. The competition certainly does not know everything, but they are not stupid. However Cov does not want to announce to the world they sold off a profitable business in order to partner up with a otc that has barely made a nickel. They need to make sure this goes smoothly before they start pounding their chests lol.
I also believe Cov is down playing this because of the serious life and death nature of these products. When you are dealing with serious medical devices like this image is everything. If the C.A. ends up killing someone (I know extreme example) the doctor, hospital, COV, and POSC all get named in a law suit. Reputations are destroyed and COV and end up with a fair amount of unwanted media attention because they are the big name. COV also has all the money so who do you think the victim or their family will go after first?
Now I definitely think we need a lawyer haha. Slow and steady will win this race
Probably not because they are selling pharma just like before just in a different way. I think the threshold might be higher than that. I think we need to hire a securities lawyer for the board lol. I am having a hard time finding more detailed info, or something I can even understand.
Yes but not much time has passed between those two events and the money generated via the relationship with posc will be slow and steady until things really ramp up. I do not think it will be 10% change of COV total earnings right away. They can find ways to disguise these things and put off having to file.
Sorry JJ here is a better list of material guidelines. I do believe it is 10% though. I am still looking into it.
• Changes in control of a company;
• A company’s acquisition or disposition of a significant amount of assets;
• A company’s bankruptcy or receivership;
• Changes in a company’s certifying accountant;
• Resignations of a company’s directors, circumstances for the departure of a director,
the appointment or departure of a principal officer, and the election of new directors
other than pursuant to a vote of security holders at an annual meeting;
• Change in a company’s fiscal year and amendments to a company’s articles of
incorporation or bylaws that were not previously disclosed in a proxy statement or
other such disclosure document;
• Entry into a material agreement not made in the ordinary course of business;
• Termination of a material agreement not made in the ordinary course of business;
• Termination or reduction of a business relationship with a customer that constitutes a
specified amount of the company’s revenues;
• Creation of a direct or contingent financial obligation that is material to the
company;
• Events triggering a direct or contingent financial obligation that is material to the
company, including any default or acceleration of an obligation;
• Exit activities including material write-offs and restructuring charges;
• Any material impairment;
• A change in a rating agency decision, issuance of a credit watch or change in a
company outlook;
• Movement of the company’s securities from one exchange or quotation system to
another, delisting of the company’s securities from an exchange or quotation system,
or a notice that a company does not comply with a listing standard;
• Conclusion or notice that security holders no longer should rely on the company’s
previously issued financial statements or a related audit report;
• Any material limitation, restriction or prohibition, including the beginning and end
of lock-out periods, regarding the company’s employee benefits, retirement and
stock ownership plan;
• Unregistered sales of equity securities by the company;
• Material modifications to rights of holders of the company’s securities;
• Earnings releases;
• Changes in earnings guidance; and
• Other materially different information regarding key financial or operations trends
from that set forth in periodic reports.
I believe it has to be a 10% change in earnings. That could take a while and Cov will not file until they absolutely have to.
Changes in Financial Results
• A significant increase or decrease in near-term earnings prospects
• Unexpected changes in the financial results for any periods
• Shifts in financial circumstances, such as cash flow reductions, major
asset write-offs or write-downs
• Changes in the value or composition of the company’s assets
• Any material change in the company’s accounting policy
well the one thing we agree on is that we think it will happen in the first quarter.
I hope it comes also, but not until I get my tax return in early Feb
Hello rick
I asked Cov virtually the same thing after the Aug 19th press release. I received a very similar response from Cole Lannum. FWIW It certainly looks legit to me.
I would be very careful about anything dansouth has to say. I have never seen Rooney speak on behalf of Cov before. He is always very careful not to cross the line and speak to when Cov is going to do anything.
Double huh? LOL
You have to give this time. You cannot sell these things like cars or appliances. Doctors and hospitals are always very cautious when it comes to things like this, as well they should be btw. They might not be thoroughly happy with the unit they have, but they also know it is not going to kill or misdiagnose anybody.
There is always the possibility of injury or even death with products in this industry. If something goes wrong it isn't just on POSC or COV's head. The hospital is also in the hole for legal fees, increase in mal practice insurance premiums, and their rep is toast.
There are a lot of people interested in these products, but inevitably they would love to see someone else use them first and get feedback or read reviews in peer journals etc. They do not want to be the sacrificial goat so to speak.
If someone gets injured or misdiagnosed they are immediately going to blame the doctor period. The dr is in a lose/lose situation, He is a moron for misdiagnosing the patient, and if he tries to blame it on the device then he is a moron for buying this brand new device from a small time player in the industry.
Once this device starts getting used there will be peer reviews, and chatter at the medical conf and trade shows etc etc. Before you know it people will be coming to POSC instead of POSC having to beg them to give the Attrius a chance.
Patience people patience. This is a lot more complicated and more at stake then selling nails to Home Depot. Slow and steady wins the race n this one.
Well put dwh. This company is an infant that is still crawling. Once this company starts bringing increasingly more revenues every quarter than you can uplist. Up listing now accomplishes nothing and Rooney needs to focus on other things that are far more important.
A reverse stock split right now would be devastating. There is absolutely no point to executing one right now as it would destroy this stock and put it in even more of a negative light than the Nasdaq fiasco did. They should wait until they have two or three solid quarters in 2011 then execute the split in next summer/fall.
By then this stock should be in the .20's (giving the people who bought back in May a chance to sell and break even) and will be in a better place to absorb the split. That way the stock will not get hurt and they will be able to raise the necessary capital for the radio pharm production in 2012.
Patience people. Everyone will make plenty of money in 2012/2013. If you are looking for a quick fix than go roll the dice with pinkies. At these prices this stock is like owning a lottery ticket that you are going to have to wait a while to turn in.
FWC this is going to take time so don't sweat the daily stuff. We are going to be at these levels (below .10) for quite a while (2-5 months imo). This is a real company, with two very real products, and one very real large partner. Real growth stocks move slowly but surely. I really do not want to see this thing move like a stinky pinky. I can assure you there are a lot of people with a lot of cash waiting to throw down on this thing when the time is right. We may not have a lot of activity on the boards, but there are a lot of eyes on this thing. Its all good and just see this as an opp to buy more shares if you can.
The drugs they are producing in the facility need to be approved by the FDA. The FDA needs to make sure they are of sufficient quality before they can be sold.
That is exactly what I am thinking. POSC gets FDA approval, debuts the new website, and they provide some details on what is being manufactured at the new site. ...........the mothership is now connected and away we go
Two weeks could coincide with getting fda approval. That would be nice if two items were released together.
Absolutely POSC is getting their name out now thanks to COV making them legit. The general investing public may not be hip to it yet, but the industry certainly knows what the deal is bewteen COV & POSC. Potential customers and Cov competitors are going to start nosing around to see what the buzz is all about.
If this takes off then Caridnal & others cannot afford to lag behind and wait. If they wait too long to partner up with POSC all their customers will just go to Cov or POSC directly. This will also enable Rooney to play a little hardball with Cardinal and others now that his foot is in the door. Mwuhahahahahaha!
I have always believed that in most cases those massive short squeezes are carefully orchestrated. Unless you are in on it you would generally have no way of knowing. I wouldnt hold your breath on a short queeze for POSC, but it would be nice lol.
I am glad you are feeling good and that things went better than expected. Does this mean you are not going to follow Dr Golf's post op advice? In my professional opinion I suggest you stick with my original plan for rehabilitation.
If that wasn't off topic enough I want to give a shout out to the great comedian Greg Giraldo that died yesterday way too young. He was one of the few that could be smart and dirty at the same time. Greg you will be greatly missed and I hope you are having a drink with Carlin, Pryor, and Hicks right now.
Physics309,
They are greatly expanding their business which includes new drug making facilities, training centers, cogs, appearences at conferences, lawyers, and everything else that goes along with that. Of course their expenses are going to go way up. Everything goes up when you are entering the rapid growth phases that POSC is about to embark on. I think you need a new accountant.
I get it. Very clever Barbershop.
Hey JJ,
I think we agree 100% I am not sure where we disagree lol. Maybe I did not express myself well enough but we are basically saying the same thing. Until Cov helps us we will be sitting at an undervalued price. The only thing I may disagree with some on the board about is when Cov will publically acknowledge us. Personally I do not think it will be until at least the end of the year. I hope I am wrong and it is sooner!
It was a good press release, but for the most part it was preaching to the choir. I do not see a lot of new investors coming in this week as a result of this press release. I do not see any real movement until we get some props from Cov and/or Wall Street.
Unfortunately sometimes initially the flash is more meaningful than the substance. I do not like it and I know you guys don't either, but that is the way it is sometimes. Just look at the rest of the year as a chance to load up on some more shares!
I have spoken with other investor friends of mine some of which knew about the stock back in May. None of them seem very interested in this stock. This is directly attributed to two things, the Nasdaq debacle and the lack of knowledge about the products, radio pharmaceuticals, and connecting the dots. I hate to say it but the mayhem in May is still hurting us. Sucks but true.
Slow and steady will win the race my friends. It will just be a little more slow than we would like lol.
Doubt it I am not selling anytime soon.
I think it was crickets actually.
Bwhahahahahahaha.
Dont worry it will get noisy around here soon enough. This is one of the best kept secrets in the market right now.
You seem surprised that biggest gains in employment are in the govt sector lmao. Change huh? As Roger Daltrey said meet the new boss, same as the old boss. Anyone that is qualified and capable of being president wants nothing to do with the job. Instead for the last 18 years we have gotten the freak parade.
We are already starting to see in the last couple of days what can happen when the dilution faucet is turned off. Hoepfully after the conf next week Wall Street can help us by getting the word out on this thing.
I was talking to someone earlier about the exact sam thing FWC. I am sure there are a lot of outsiders that were planning on jumping aboard next week. After today's pr I am sure some may have decided they better buy today instead. I think we could see a gradual increase like you said and then it all hangs on what is said by Rooney on the 14th. We will probably see a pr that morning or on the 13th.
Hey Barber,
You can email me at golfnh37@yahoo
It is only a challenge if you give the bird or animal a gun also. I would pay to watch that! I am not anti hunting, but I hate when it is referred to as a sport or a challenge. Sport means competition which equates to a roughly even playing field. Give the deer a rifle and then we got ourselves a competition haha. Sorry everyone just blowing steam here. I am fed up with the constant dropping and frankly diluting of this stock.
Yes. Rick is absolutely correct. Covidien only cares that they and Positron as a company does well. Cov does not give a flying fig about us and never will. Cov wants to keep their public ties to POSC down to a minimum until things start working well.
If POSC drops the ball early the business media and investors will want to know why they sold off their profitable business in favor of some otcbb screw up. Cov will have less damage control this way. Like Rick said when things move smoothly and the money starts coming in then we will get their help, but not until then.
Does it suck? Yes completely, but that is how business works. Especially in this tyoe of business when you are talking about liability and life an death situations companies move very slowly and carefully.
I couldn't agree more. Hell the newbies will get in cheaper than us! Things can go well at the conference if Cov "quietly" has Positrons back as Barber suggested the other day may happen. In the world of wall street (high crimes and misdemeanors) it wouldn't surprise me if Cov is delighted by the oppressed share price so they can give their wall street friends a nice xmas present.
Amazing how people just jump in like that. A buyout doesn't even make sense when you stop and think about it. Why would POSC sell out now when they can be worth so much more later on lol. Long story....short I know of a couple of people that will not touch this stock simply because of what happened in May. I cannot believe that people cannot connect the dots on this one! It is not rocket science. Anyways thanks for your comments and I could not agree more.