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.
If we come out of Utah next week with a number of interested parties prior to Sages next month and we have confirmation it's a company with deep pockets to get us past not only FDA but into commercialization then there will be nothing to stop the PPS to run up into the 4 to 5$ range almost immediately. It's the only thing stopping us atm. IMHO
I see it a bit differently ....with what we have and where we're at, the associations with leaders in the industry. I suspect after this event is over and before SAGES happens we will have a number of suitors. That's my prediction !
I haven't been overly excited about this for over 16 months ....but I'm super optimistic about this opportunity.
GLTA
I respectfully agree ....not over ....but an uphill climb. That said ....there is absolutely no possible way they can walk away from this without some kind of deal. Look what we have ....end of story. This is absolutely the best news in the last 15 months. I'm extremely hopeful
At least everytime I hear/read about Intuitive / Da Vinci it is now accompanied by Titan Medical / Sport. Those are big shoes to fill and I'm sure most of us hear realize we can do it. It's just been the fumbling of the timing of how and when they raise money. Maybe it's that "smart kid" syndrome where your really really good at something but completely retarded about everything else around you.
Frustrating.
I'm tempted to pack it up and just not watch it until Sept and see where we are at then and avoid all the turmoil. I haven't normally stayed with a stock this long and not use to the ups and downs. It's been painful ... but I just believe so strongly in what we have and the disruptive impact it's going to have on robotic surgery.
Maybe just pour stronger drinks huh ?!!!
Not only that ...but here we are again, they've completed two offers in the last 90 days and we'll be at it again in another 90 days ...just in time to dilute the share price again JUST before warrents will come into play AGAIN. How moronic can they be ?
Why would they not have done a shelf for 45 million 3 months ago to take you through not only milestones but warrent periods also ? At a bare minimum why not one offering 90 days ago instead of two , one at the beginning and one at the end. Makes no f*cking sense to me.
Thanks Adrock .....I missed him somehow.
Well ....even with the excitement ahead we are still functioning on a pay cheque to pay cheque basis and it's just killing the pps. This 90 day financing is a bit silly.
I believe Erik Dutson is new to the SAB. ...I don't recall reading his credentials. ... and how impressive they are. Fun to imagine Sport being the first MIS in space on the space station. What a marketing coup that would be !!
I'm afraid to wake up tomorrow to look and see what's happened to this and how bad its gonna be. Its going to take a miracle to pull out of this massive fail.
Yup ....what he said, I second the motion.
Roger that Honey !!
How do you spell "Giant cluster f×ck"
Exactly. Why. That is the million dollar question.
And ....the reason we're getting slaughtered.
I'm guessing the brokerage promised the moon and failed us miserably.
Well ... I'd be okay with current pps if the so called overnight offering was completed .. but now it's an overnight partly into the next day and for sure now many more days to come yet offering. OMFG.
My conjecture is the money people stepping up said there is no way in hell we're going to pay a 25% premium on the pps from one week ago because of the run-up. And it further demonstrates that they do not have anyone to back them in any way what-so-ever. They are forced to continue approaching the back street brokers that are typically slimey-er than average. Most would sell their mothers if they could. And .. thus ... we had no deal completed this morning, and now we have been sent to the slaughter house.
This is on it's way to .70 cents Canadian boys. Which is what .... .50 cents American. Which ... was predicted but wishfully, I thought ... avoided.
Everyone is wondering whats going on. Well ... they presented to "institutions" and the "wolves" showed up. Thats what happened. Price run-up .... hard ball negosiations overnight ... we got screwed. It's expected ... and well ..... I would have to say it's the CEO's job to foresee and anticipate. Amatuer hour is upon us.
Once we go to .70 cents .......... we're maybe good for one more trip to the shelf .... then what ? Listen to Longterm laugh at us more I guess.
Dissappointing to say the least.
No Honey ... I don't believe so. I'm certain the warrents will be deep into the money by June. I'm pretty sure were gonna be in the 4 dollar ( Canadian ) plus range by June with the momentum of what's going on this year. I don't hold any warrents but those that do should be more than fine.
Honestly ....I expect a run up on shares tomorrow. Maybe even 30 cent. That's my guess
Totally and absolutely agree !! This works out very very well !!
Just so that there's no confusion it's actually three of the five not two :
The net proceeds of the Offering will be used to build three of five first inhuman units of its SPORT™ Surgical System, and for working capital and other general corporate purposes.
There is going to be a day when we see a $1 increase in price per share and it will stay there at the close.
That's the day .....I'm really looking forward too ....and it won't be too long in the future
This is about what we've all been waiting for and why we're invested !!
So now it starts to happen and you guys are finding it hard to believe .....
Celebration Time Boys !!
I expect your right .... after I cooled down ... I'm sure .. as you said ... there are legal restrictions under the SEC rules and what is considered an appropriate response. Still .... "grrrrrr"
And yes .... we're on a roll .... weeeeeeeeeeeeeeeee !!
Thanks for the chart ClayTrader .... very much appreciated. Over-all a great day once again. We still have a higher low after it's all said and done. Chart looks great .... the real news ... EV unit build .. major trade shows coming up .... Brokers informed ... CE mark in the fall .. in human trials this summer and FDA approval around the corner. Once again ... it's finally our time !!
Thats some serious Bullsh*t. wow.
They should have taken the opportunity to say other than the fact we have build an EV unit and that we are on schedule with milestones and that we are set to go into in human trials this summer there is no other material changes we are aware of.
Right ?
Talk about f*cking up an opportunity to make it positive.
Maybe you can all take a step back and grow up a little bit. What has been probably one of the best BB's around is quickly turning into a typical "soap ophera" level age 16 gong show. Need I say more. Please reign it in and be a little more humble. Just be greatfull we are doing well. If you want to send private messages ... go ahead ... but please keep it off the public board.
Greatly appreciated.
NO ... the Nasdaq is a little more complicated than that. Thats why they got away from "pink sheets" or venture exchange in Canada first and uplisted to the TSX.
The Nas gets complicated .. and there is .. in fact, three different levels on the Nasdaq .. Select .. Glogal and Capital.
Here's the shortest "coles" notes version of what's required
http://www.investopedia.com/ask/answers/121.asp
Nice week for all of us ... it's been a long hard wait. But our time is here ... woohoo !!
If they don't have anything in the pipeline then .. yup ... I have to agree with you .... and ... it's what they should have done just this last round. Doing the 10 M was just simply stupid imho.
But ... it's getting very exciting and the momentium .. I think ... has begun and there maybe nothing to stop it now ... I hope !!
4.50 by June / July.
I don't believe this has anything to do with anything, other than our own progress on our own merits.
That said ... I think the trxc is bogus and a red herring ... if there is a potential M/A .... I still believe it's us.
So .. either way .... It's our time !!
I believe in March .. the monday after SAGES we will hear the "news" we want to hear. I'm very confident money will no longer be an issue and the pps will go on a major run ... in fact it could happen even sooner ... but I think they are going to use SAGES to launch.
I also .. still strongly believe that Titan would be FAR more suited to Verb than any other suiter atm and light years ahead of the sugi-bot/ALF-X.
We are now at the point we all thought we were going to be at 15 months ago. Our time has finally arrived. Hold on tight !!
The transition from straight sticks to a highly flexible snake arm system that is truly more natural, and excuse the pun .....intuitive. ....is unquantifiable ( if that's a word ) ....and I believe will excelerate not only the surgery itself ....but the learning curve for new surgeon's as well.
It's our time .....I'm super excited about the next 6 months !!
Please do not feed the monkey !!
great info jet ... thanks bro
Shhhhh ... don't ever say the word "financing". That's the death of everyone. A dance with the devil if you will.
The Best example of that I suppose would be to follow the Imris story and see what happened to share holders there.
Long story short the "creditor" ends up with everything because of securities / guarantees that come with loans and share holders get dick. Dangerous road to travel.
The New York story is very very exciting and it means they are out and about. Good stuff !!
Unless they come out and say something "otherwise", the only thing we can expect is another trip to the shelf. That said .... it may be timed exactly for Sage, as that is what happened 2 years ago when there was a very large offering that kept Titan going for the next year and some. That came straight out of the Sage conference when they were there with nothing but their goodwill and a laptop presentation.
So ... IF .. it does happen again, I pray to God that it's for a very large sum of money so that we are not doing this SH*T every 3 months. I still can't figure out why such a "small" amount on the last offering ( unless that was all there was to be had ). In which case Bertner and company have completely failed.
My expections are very high and the ONLY thing holding this back at the moment is CASH. If we had a boat load of CASH ... we'd be at 4 to 5 dollars for sure at this point in the game. Everyone is sitting tight to see if there is more delution on pps with a shelf offering. If these geniuses can get that done the pps will soar. If they can't ..... then it's trouble.
That said ... I just can't imagine them messing this up taking into consideration where we are at with in human trials just around the corner .... gives me goose bumps .... and so many potential mergers.
Good luck everyone !!
FYI : The pps went back down to 1.07$ in after hours trading on Friday.
So .....once again ....it's literally not possible for at least a discussion to come up with the two companies. Assuming the deal was right it would be a perfect marriage. But for it to not even be entertained would mean someone is sitting around not doing their job. Imho
It's time for Sherry Bertner and associates to put up or shut up time. Their resumes "look" impressive. ...let's see if they perform ...now is the time
Ya ... no .. I'll give you that ... I'm not interested in hearing about trxc either. Despite that however .. he does make valid counter points quite often, even if it's contrary to what we want to believe. I pass over anything he says about trxc ... but I do read his counter points. Sometimes I agree and sometimes I don't.
In this situation ... he was just stating the obvious ... and that's if there is no news about financing this is guaranteed to continue to drop no matter what kind of news they come out with. There fore it just makes sense to get out and buy back in after the shelf offering in March. Cause that will take us back down to .70 cents Canadian .. or .50 cents american.
They offer shares at a discount to encourage investment along with some kind of deal with warrents. That .. inevitably draws down the pps.
Thats why it baffled me that they raised only 10 million that will last them till March. Just very odd.
I got in way back at .465 cents and should have got out at 2.40 but waited like a dummy till 1.70. Took the money I made and made more money instead of having it sit there and do nothing for a year. A year later I bought back in at 1.30. Silly me.
I thought they had a plan and was gambling they wouldn't go to the shelf again. Boy was I disappointed. The gamble is it goes up on you and you get left out. But .... I can almost promise you that unless they come up with some amazing partnerships ... this is going to continue to slide until the money is sorted out. That may mean having to be profitable, and they may not make it that far ... they may simply run out of money and options before that happens. Were all gambling that doesn't happen, but it's a real scenero.
If I was smart I'd sell now and take my loss this round and buy back at .70 cents. I just haven't decided yet what I'm going to do ... but that would be the smart thing. It just sucks admitting your wrong and dealing with it. lol.
Was that even English !? ...lol.
He makes valid points and often something you need to consider. It really has absolutely nothing to do with his happiness. Your box is very very small.
I just sent a request for a great news story to the CBC National
( Canadian News ). So .. please don't spam the same people .. maybe each of you could choose a news outlet and suggest they may want to look into whats coming around the corner !!
Wow ... wait till they see what have in place already. It astounds me how far we've advanced against all of the other ideas that are just up and coming ... never mind ... ready for market.
We should have a spot on every news feed around the world. How many of you have seen a documentary or news on your local channel about "robo doctor" .... we should be getting the same exposure. All these goofballs would have to do is pick up the phone and start the getting the exposure. Just saying.
Happy New Year's everyone and here's to raising a glass to all ... CHEERS !! ...to truck loads of money for us all this time next year !!
If you watch the video iitf posted in it's entirety you will have your answers about Sage.