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I enthusiastically enjoy both Windbags and Bostons points. Another valid point is that until these things are AUDITED, there can absolutely be misleading information put out by Sonny/AMDA. I'm not saying I believe that he has put out misleading information, but I have seen it elsewhere in my investing experience. I'm not saying that AUDITED financials are the only and best thing to base an investing decision on either. I have maintained a small holding and will start adding if this starts to paint a clearer picture of heading north again, but then I could be wrong, so invest how you see fit.
LOL, yeah... Because anyone that sees the DD here as full of coincidence and fluff, not to mention peer speculation on what a balance sheet looks like when we haven't seen one in almost a year... must not be a long. WINK WINK. Whatever...
Calculations based on a non-audited PR from 3 months ago? It looks like management intends to go for the reverse split before this audit will be finished, meaning no financial information until post R/S. The voting material states that they see no way for this stock to get over $1 without the reverse split so doesn't sound like the audited financials are going to be all that wonderful anyways. I've still got a small holding in hopes something pans out before hand, and have some cash on hand to MAYBE buy some if this stock hits single digits like it did just before the last reverse split. At this point I'm basing investing in this stock on the IP - and that may prove to be not enough if the management is as bad as they are starting to look. I got serious doubts when the PRE14 looked to be purely cut and pasted from the past one, and the DEF14 pretty much proved that it had been. So perhaps not enough talent left on the team for it to accomplish what is needed to garner a worthwhile price; even if there is some kind of merger or BO in the near future. I'm watching this as much out of interest to see what happens, like getting drawn into a bad movie? Hopefully not a train wreck.
You can only vote on shares held on July 19th. No new shares have a right to vote on current proxy. Check proxy.
Google it, 2017-02-13 they had 1,809,617 shares. I might be a fool, but I'm pretty sure those aren't warrants though. Would like to understand what this information means to anyone when choosing to invest in AMDA. I find it useful to see institutional investing as a whole and see that the majority are adding to their positions, as far as I can tell. Why should anyone be more or less concerned about this Alpha Capital?
“Who knows himself a braggart, let him fear this, for it will come to pass that every braggart shall be found an ass.”
I do not know what a share of warrants is. I do not know what a Alpha is either. Do you know what a paranoid is? Investing in AMDA is probably not for the paranoid.
You ever hear the one about the Terms of Use for this board? About posting about the stock, in this case AMDA.
I don't disagree with you. In my lifetime I've seen the "better" technology get overlooked for what was better marketed more than once. Companies, just like the people that work in them, don't always act in their own self interest.
Zimmer paid 2.5 million to someone, maybe AMDA... Not known, could be some college lab or a Chinese company. Could be AMDA. I'm not making assumptions on the matter. And now we have a loan for 2.5 million from Sonny. It is a secured loan, but all loans have risks, and this one probably isn't rated low risk, right? Sonny must of felt it not that risky or he wouldn't have done it and he knows more about this companies financial situation right now than anyone. Probably be impossible to get a loan elsewhere right now with the unreleased financials and all...
I personally HAVE convinced myself this stock is going to make a nice little jump once audit is completed and the financials are out. I had thought that was a short term catalyst, and I had hoped it would come about before a vote to R/S. On the positive side, I would bet the smaller float post R/S could mean a bigger jump, and might be a reason to release news then. I don't expect it to be all unicorns and roses though. On that note, my proxies will be voting for split because I can't see anything good coming from voting against it, but possibly an amazing return by being for it. Maybe unicorns exist and we won't even need it. (That was meant to be a funny).
The preliminary earnings update a couple months ago gave us a blip of what could happen with just a little good news. This financing by Sonny is another blip of good news for the short term. I have no idea how long 2.5 million will last this company, best I have to go on is preliminary data from last December. Probably why financial statements are important, right? If the rest of the market had a better clue I'm pretty sure we would have seen more significant volume, but instead we had low volume and what looked like manipulation to me.
The MM's can only manipulate this if the volume stays low, and the volume will likely keep low while so much uncertainty exists around this stock and choices with much less uncertainty can be found elsewhere. I guess this is a roundabout way to say Risk to Reward ratio is probably the biggest element of choosing to invest in this stock right now. all imho. glta
I think I might have seen you or someone else post that pdf previously, but I thank you for the refresher. Getting late where I am. Hope to find plenty more informative posts and opinions tomorrow from any and all who wish to participate in good faith. G/L and blessings on you B745, and best wishes for us all.
*wink *wink *nudge *nudge silent handshake and all that... j/k!
Yes, I agree. I see this as a REALLY good stepping stone for them. Of course I'm also being selfish as more interest in AMDA would mean a possible bidding war, right? And according to YF they have nearly 6B dollars cash, low debt, and I think it is a company with a vision and has been expanding it's business through MA. Like I said, though, just lightly looked into it. As you have pointed out, not as long standing a relationship as what ZBH has, but because Kyocera Medical Corporation has been merged into Kyocera Corporation as of April 1, 2017, I can't get a whole lot of info I would be interested in from their web page.
Also, definitely agree that I can't find a better bio material than AMDA, and I love the informative posts you have showing problems with what other materials are out there VS Si3N4. Even CeramTec points out on it's web site the usefulness of what they manufacture with the compound, just not for any Medical purposes, right? LOL.
https://www.ceramtec.com/ceramic-materials/silicon-nitride/
No, I thought CINVEN would part with it. Since when do companies make decisions based on what public message boards say is it's best option. Do you claim to know more about the options available to Zimmer than anyone else does? Again, I would be quite happy if Zimmer buys AMDA. I will make a ton of money if they do. I don't see current facts aligning as proof that they are in the immediate works, but I do see it as highly possible enough I invested a lot of money (at least for me). I'm also on the Keyocera bus as a possible buyer, mostly as I think AMDA property might be better off in its hands being licensed to anyone that wants it's products coated by the material, and then get paid to put the material on it. But I haven't gone so far as to research into what kind of cash Kyo has. See, I'm just here to debate the merit of ideas and share information. Not so bad was it.
Maybe they will buy BIOLOX® ceramics because they like the color better. You asked the question, I felt compelled to answer.
And You can genuinely think what you wish, I already told you how many shares I have. I refuse to let you marginalize my opinion.
Not debating BO, although I don't understand how anybody could have an inability to do so. I was attempting the debate of some of your assertions as regards to management compensation of stock options. I hope you don't perceive them to be the same thing. But since you bring it up, using "fact" of product superiority is an extremely naive approach as is how you seem to be asserting that AMDA is Zimmer's only plausible move. I'm glad that you inserted "I believe" in there. These statements are not a debate of the BO, but of your method of supporting your thesis. G/L to you.
I think there is a language barrier here and so I'm going to just give up on this conversation and hope no one feels insulted or slighted.
G/L
If you factor in the price immediately following the January 2016 R/S, with remaining options available, they didn't lose or gain any VALUE, just like our stock won't lose or gain any value IF there is an upcoming R/S. But through dilution and stock price decline since the initial R/S, the VALUE of the options decreased so much that they requested AND RECEIVED 800,000 additional options at the annual meeting 4 months later, which would result in only RETURNING the VALUE of their options to the ball park of pre-reverse split. To say that the 800,000 shares is equivalent to a pre-reverse split 12,000,000 without talking about what the then current share price is, is misleading.
Pre-reverse split options on May 21, 2015 of 4,568,181 at .252 each is worth $1,151,181
Post-reverse split options on May 20, 2016 of 342,425 at $1.46 each is worth only $499,940.
Add 800,000 options on May 24 2016, to increase to 1,142,425 options at $1.36 is now up to a value of $1,553,698.
But now at .40 current value is back down to $456,970.
Again, while discussing the options in a pre R/S quantity is factual, it is IRRELEVANT IMO
*LOL
By that math, let me note for you that I have 800,000 shares pre-reverse split. Although factual, it isn't relevant.
*nudge *nudge
Thanks for friendly responses. I think we will have clarity soon one way or another, but looking forward to what you all have to say.
I think you misunderstand Boston, I don't think options increased or decreased, it looks like with the 800,000 additional, they are pretty much the same as the level pre-1,000,000 requested before the R/S. I will copy and past from the respective 8K to illustrate:
May 21, 2015 Approved an amendment to the Company’s 2012 Equity Incentive Plan increasing the number of shares authorized for awards under the plan by 1,000,000 to a total of 4,568,181 shares
May 26, 2016, an amendment to the Company’s 2012 Equity Incentive Plan increasing the number of shares authorized for awards under the plan by 800,000 to a total of 1,142,425 shares
4,568,181 / 15 = 304,545 + new 800,000 = 1,104,545 + options taken by Ty when he left might equal 1,142,425. I haven't dug deep enough into that part, nor do I really care, the math is close enough for me.
I am hopeful of BO, and not concerned by this unless I see an S1, then I'll be pretty upset. I just want to add to intelligent DD done here, and not add any hype that other board peeps accuse.
If you look at the DEF 14A filed on Oct 2, 2015, you will see they copy and pasted everything, the options numbers are the same just changed the dates and removed some names. Someone very hastily put this PRE 14A together is how it looks to me. Also, you ask about the increase in options voted on May 26, 2016 for 800,000; if you look they had previously done the same on May 21, 2015 for 1,000,000. Looks like the options get R/S also if you compare all the numbers less options of members "let go" last October, not an increase as you ascertain. I think management is spread too thin, but for reason. I don't see this as evidence of a BO. Look at what CYTR did with its PREM 14A (instead of a PRE 14A) filed most recently, causing hype and confusion similarly.