Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
GNPG holding up well. About to start another surge upward soon, IMO.
I'm one of those old time stakeholders, but I bought the dip.
DMAN!!!
Agreed!
SUWANEE, GA / ACCESSWIRE / July 2, 2021 / SANUWAVE Health, Inc. (OTCQB:SNWV), a leading provider of next-generation wound care products has announced that as of July 2, 2021 the company's shares will no longer be traded on the OTCQB due to failure to timely file quarterly financials with the Securities & Exchange Commission. The shares will commence trading on the pink sheets under the symbol SNWV.
Kevin Richardson, Chairman and Chief Executive Officer of SANUWAVE said, "Our inability to have timely financial results and documents was due, in part, to accounting systems implementation issues. The management team remains focused on resolving this issue and completing our financial filings. In fact, we have now filed our third quarter 2020 form 10Q and anticipate our 2020 annual report on form 10K will be filed in the next few weeks. We do not anticipate this will be an ongoing issue in the future. As soon as we are able to be current with our filings we will then have our shares re-listed on the OTCQB.
"Our business operations remain strong and growth prospects, both domestic and international, are promising. We recently signed a distribution agreement with one of the largest medical products distributors in Latin America, recently published clinical studies have shown our products have strong efficacy and we remained focused on growing the business and establishing SANUWAVE as one of the premier wound healing product companies in the world. We have seen an uptick in dermaPACE Systems placements as a direct result of the sales focus and positive reimbursement environment for the product. UltraMIST systems sales are having a record year to date, with the largest numbers of trials underway in company history.
"Our rebranding and relaunching of the ENERGY FIRST platform has been well received and is building momentum. Given this platform we have been able to add eight industry veterans to our sales team who will begin to add to the building sales growth and increasing sales pipeline. We fully expect 2021 to be a record year for Sanuwave. We appreciate our investors' continued patience and understanding."
About SANUWAVE Health
SANUWAVE Health (OTCQB: SNWV) is focused on the research, development, and commercialization of its patented, Energy First non-invasive and biological response-activating medical systems for the repair and regeneration of skin, musculoskeletal tissue, and vascular structures.
SANUWAVE's end-to-end wound care portfolio of regenerative medicine products and product candidates help restore the body's normal healing processes. SANUWAVE applies and researches its patented energy transfer technologies in wound healing, orthopedic/spine, plastic/cosmetic and cardiac/endovascular conditions. For more information, please visit. www.SANUWAVE.com.
Investor Relations Contact
Brian M. Prenoveau, CFA
Managing Director
MZ Group - MZ North America
(561) 489-5315
SNWV@mzgroup.us
www.mzgroup.us
SOURCE: MZHCI, LLC
Nice news!
BWMG!!!
Regarding what you said about the other stocks, BWMG is one that one can feel very comfortable owning. Also, one can feel confident that there are more gains to come. JMO.
BWMG!!!
We pass .04 today, IMO.
DMAN!!!
Bids now stacking! Up we go, soon, IMO. .0395 is now low ask. Bout to pass .04 IMO.
DMAN!!!
Do you see the 999,999 share bid at .035? $35K!
DMAN!!!
Today is the last day of the 2nd quarter. We could get an update on sales, etc., prior to 10Q coming out. Bet it will be a good 10Q and next quarter, even better.
BWMG!!!
DMAN up!
Agreed! Been adding.
TPRFF!!
I’m thinking we pass .03 tomorrow.
DMAN!!!!
Thanks very much. I was only looking in the Qtr 2 report. I appreciate your help.
BWMG!!!
I was primarily focused on the upcoming report and I was thinking he was initially saying the 500k was in Qtr 2 of last year. I just couldn’t find it there and was asking for direction on where it was recorded. My other point, and I could be wrong, was that I believe our sales will be better this year with all restrictions lifted and people going places where they might utilize our products more. Also, the Amazon and Wal Mart connections should be of help. At any rate, facts will come and we will indeed see if Qtr 2 of 2021 will be better than same time last year.
BWMG!!!!!
You're right. Impressive!
Nice news of new product.
BWMG!!!
I don't know anything in particular, but sometimes authorized numbers go up for entirely good reasons. That could be the case here. Also, just because authorized goes up, doesn't mean the shares have been placed into the float. It just makes them available and sometimes provides more flexibility to do deals.
GNPG!!!
We seem to disagree and that's ok. I'd still like you to copy and paste the info regarding the 500k. I can't seem to find it. TIA. Regarding the Qtr 2 report, we'll know more when it comes out, or if we get an update prior to then.
BWMG!!
Ok, so now you're saying the 500k came during the 2020 year, not Qtr 2? Can you copy and paste the passage where this is stated. All I found was Qtr 2 the $159,600 loan that I think was eventually forgiven. Regardless, you have to admit that Brownies suffered in 2020 because of COVID. The restrictions are now lifted and all of the rest of 2021 should be much better than 2020. JMO.
BWMG!!!
Agreed.
GNPG!
Added more today!
GNPG!!!!
With COVID restrictions now lifted, I look for a much better 10Q for 2nd Qtr 2021, than last year. JMO.
BWMG!!!!!
I just scanned the Qtr 2 results from 2020. I was not able to find where we received $500,000 for the ventilator project during that qtr. Help me with this if you have the info you can copy and paste. What I did find was the SBA loan of $159,600 we received, but that was more than offset by the losses due to the COVID restrictions. Below is info relative to what I just stated. The info below was copied and pasted from 2020 10Q 2nd Qtr:
To further bolster our working capital, on May 12, 2020, we received a loan in the principal amount of $159,600 (the “SBA Loan”), under the Paycheck Protection Program (“PPP”), which was established under the recently enacted Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) administered by the U.S. Small Business Administration. The intent and purpose of the PPP is to support companies, during the COVID-19 pandemic, by providing funds for certain specified business expenses, with a focus on payroll. As a qualifying business as defined by the SBA, we are using the proceeds from this loan to primarily help maintain our payroll as we navigate our business with a focus on returning to normal operations. This loan is further discussed in Note 6.
While we are not able to estimate the ultimate impact of the COVID-19 pandemic on our financial condition and future results of operations, depending on the prolonged impact of the COVID-19 outbreak., this situation had a significant adverse effect on our reported results of operations for the six months ended June 30, 2020 as the closures slowed the quarterly growth in two of the segments of our business that was building for the first two months of 2020. The extent to which the coronavirus impacts our results and financial condition, however, will depend on future developments, which are highly uncertain and cannot be predicted, including new information that may emerge and the actions to contain and treat its impacts, among others.
Looks like someone triggered a market sell. Folks, sometimes don't understand that market trades on BB stocks are not advisable. No worries though, it benefits buyers. 2nd quarter will be over at the end of the month. Should be a good one, IMO.
BWMG!!!
Yes! I think the 10Q will be awesome! Picked up another 100k shares this morning.
BWMG!!!
Wonder if there is a merger or buyout in the making and they need more shares authorized for exchange?
GNPG!!!!
Thanks for posting. They’re flying off the shelves! And I’m glad to hear Wal Mart is selling them. That’s big!
BWMG!!!!
You're probable right.
GNPG!!
GNPG is acting up, today!
Agreed!
BWMG!
Man, you stand to make a lot of money, IMO. Not sure what the price target is, but wouldn't surprise me to see .50 in 6 months. I have a very low average, but only about half the shares you do. Good luck to us!
GNPG!!
I think a few wanted quick huge returns. BWMG kinda moves when it gets ready. We're still sitting at about double based on where we were 6 months ago. BWMG is really more mid to long term, IMO, with much to be gained if one has enough patience. JMO.
BWMG!!!
Very nice!!
Nice!
MVNT!!!
DMAN is moving perfectly: steadily up and backfilling as it goes. Where will it be in the coming weeks? .25 or better?
GNPG is steadily moving up, day by day! Where will it be in a month, 6 months, 1 year? Let's watch!
Yes! Big Qtr. 2!
BWMG!!!
Exactly!
Very nice day, today!