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Sugar- yep, the 5 mil and milestones reads much like the VCEL agreement with ICT. And, that company seems to be doing ok.
Yes, nice addition by Washington Corp.
The big additions for Q4 were these guys.
Prev Shares Current Shares
Consonance 2,982,940 3,381,303
Archon 2,481,324 3,229,777
RTW 0 1,758,914
Laser would have enjoy watching the fruits of his labor today. Wish he could have been around Monday to realize some of his predictions.
Xena - try this re ixcell-dcm -
http://www.thelancet.com/pb/assets/raw/Lancet/pdfs/S0140673616301386.pdf
Xena - try this re ixcell-dcm -
http://www.thelancet.com/pb/assets/raw/Lancet/pdfs/S0140673616301386.pdf
I must respectfully disagree. Friday night dump can be a true indicator of bad news coming. They make the dump in an attempt to mitigate the wild reactions. The weekend is available to digest what just happened. And, there are examples of Monday morning calls that were designed to have the most listeners to the conf call. And, no, I'm not going to dig out the sites that I looked at, but the articles do exist (just too many things going on). The majority in the examples were 'beats', but it is not a lock.
As for the past, Q4 2016 was a Friday release and a miss. I lean bullish on their decision to start Monday morning. Good luck mates.
Yeah, Joe - interesting. Previous quarters were all the same boilerplate.
"today announced the following webcast and conference call to discuss its fourth-quarter and full-year 2017 financial results, business highlights and 2018 financial guidance."
This is could be written differently because:
a. Was written in order to gain some additional interest in the event and conference call.
b. Was written with 3 items to discuss so as not to show emphasis to any one.
c. Was written as subliminal message that a high powered "business highlights" is the reason listeners will want to log on.
d. none of the above and was just written because the previous announcements were boring.
"By the way I suspect I am the only LONG surviver remaining from all of you who presumed to be", said Manisero66. I hope for the best for all of you.
Presumed to be? Why is it necessary to attack board members?
I'm not sure if that was an accusation or not. But, I too have a very large long position. And a nice chunk of April 7.50 calls. I expect announcements to be made sometime in the near future that will describe the future and I can wait. Good luck mates
Not sure what their total cash situation is - only that on 6/30 they reported $12.25 million and on 9/30 they reported $13.89 mil. 12/31 they had $16.12 mil.
SR - so ya know - I spent 2 hours trying to get the answer to you in the treehouse the other day right after reading it. that is why I took a moment to read over here. The picture was rejected 4 times during that period. After hours of loading the item in question it turned out my subscription had run out and .. I will continue to support. GL Mate
SRTrade - agree that Sabby probably won't hang around. Tell 'em to keep moving .. nothing to see here ... I love your comments on follow the money. very important. I am following the 720,000 shrs Mgc Ventures put in.
Here's the Mgc Ventures group page - Attention to Byron Smith - Viewers, see anything ya like?
https://mtngp.com/our-team/#
I didn't see anything on fintel, but there be a lag time for that site. time will tell. Certainly nice action here. something greater than that drove the 1st hour today. I would guess.
Here’s an interesting conduit to the RTW knowledge of MACI and their investment. Naveen Yalamanchi, MD, serves as the Portfolio Manager at RTW, After receiving his MD from the Stanford School of Medicine, Naveen worked as an orthopedic surgery resident at UCLA Medical Center. He graduated Phi Beta Kappa with a BS in Biology from MIT. ----------- just down the street from Nick’s office. Just a bit of factoid. The investors know their investment!!
the wording of the May 10, 2017 PR is the same in regards to ixcell comments and development. My take away is that because the wording remains the same today, ICT knows full well that FDA has called for the P3. Since ICT did not alter the wording, I think is a positive sign that they remain very interested in bring that to their citizens.
Because it is issued as both Cambridge and Shanghai, I will also make that leap of faith that ICT had ample opportunity to approve that which applied to them.
All positive. We all good ?
Jimmy Wei as much as said he wanted it in China for unfulfilled needs when reading his interest in Vericel. I'm just a wee man, but I'm going with the Wei man.
After reading your entry I noticed this, too. Here's an excerpt from an old article also describing ankle numbers also suggesting some great potential. Looks like a fertile field to plow. It looks like 1/2 the 23,000 might have cartilage damage.
"Hospital for Special Surgery, in collaboration with the Ankle and Foot Associates of the European Society of Sports Traumatology, Knee Surgery and Arthroscopy (ESSKA), is organizing an “International Congress on Cartilage Repair of the Ankle.” It will take place at the historic Clontarf Castle in Dublin, Ireland, on March 9-10, 2012.
Ankle injuries are among the most common injuries in sports worldwide, with some form of cartilage damage occurring in as many as half of all ankle sprains and fractures.
Sprained ankles are the musculoskeletal injury most frequently seen by primary care health providers and constitute up to 30 percent of injuries seen in sports medicine clinics. More than 23,000 people per day in the United States, including athletes and non-athletes, require medical care for ankle sprains."
Was it someone on here that pointed out the date Piper reported after the 2016 conference? Seems like it was about 12/22. Either way, we should be due for a comment.
As for Manisero .. not worth reply. The guy was pounding the table that the sky was falling claiming Nick needed to put himself 25 million in debt. Which we know was nothing more than added flexibility to an existing revolver. I love the added nimbleness of this access to money.
As for Williams III, of course he did the MACI. Seems to me sports medicine reporter for Post, Times, etc., would find this to be a feature article of major interest to sporting fans everywhere. They really should pull together numerous examples and make it a feature article. It would sell papers. Nick's PR people could draft it and feed someone a great one for above the fold.
That's all. I was just thinking over coffee. Not really a good investor, but I compile odds and ends mentally and try to parrot those things that check out. discard the ones that seem erroneous. Wow... big word for me.
yes JOhn Galt. This arrangement with this bank and Fin company is two years of trust. Of course they don't do it for the fun of it. It's just fees. VCEL is a trusted company. Each time they discuss the line of credit business they review the most intimate plans of the company, none of which are available to RealFast or ourselves. LOL
I guess they exposed themselves because it was a failed plan. Stay on it Galt ma man. Stay on it.
And .. Trader83 ... I haven't seen a word about capturing the Japan market. I can't imagine that Japan is not looking to introduce this to their people. This is more than a business decision it is a medical solution that I know Osaka and Tokyo want to bring forth.
Coastal I'm with ya. I'll take pills. should help to sleep. All in all, it is a fee of little consequence to me.
I got a kick out the good news re the new car smell. sometimes, I drag around in a 2000 Tacoma 4x4 and get a great feeling out of newly waxed. 199,326 miles. I would throw the thing out, but there is a small part of me that wants to photo the 200,000 and 300,000 mile odometer. Enjoy the car.
Defensive diving is more than a phrase. If you're not looking 3 cars ahead and at the eyes and heads of the whack whacks left and right of you, you have no business being in VCEL ...LOL. Thank you for your tolerance all of you.
Lasers - don't sweat that guy Mans whatshisname ... my question re ICT. This was described as only pending the approval of the transfer of money by China gov. Which I would guess to be a procedure that all Chinese companies have when money flows to other countries. You're way better at timelines than I. So, I see absolutely no reason why the approval of money would not be 100% to the advantage of the PRC.
And I'm sorry he lost money. I was down. I didn't sell. I averaged down. Now I'm up.
He is spitting at the 20 million dollar loan. It's a line of credit that they use. I'm calling Katherine Andersen over at Silicon Valley. We're going out this weekend for a nice Champagne dinner. It'll be great. We'll laugh, we'll talk ... then I'll pop the question?
What did you see Katherine??? What did you see in the business plan?
For better or for worse. Here's a compilation.
I looked at the revolving debt history, balance sheet, and history of loan news reports. They are using the money as needed. I would expect Q4 and Q1 18 to show some increase. All for a good purpose.
12/31/2015 – no revolving debt.
3/9/2016 – Appears to be original agreement with SVB MCF. $10 mil with Mid, 5 Mil with SVB
3/9/2016 - Katherine Andersen, Managing Director of Silicon Valley Bank, commented, "We are pleased to partner with Vericel as the company works to expand its portfolio of cell therapy products. Our aim is to provide Vericel with the right financing tools to advance its product portfolio and position the company to meet its corporate objectives."
Q2 2016 report – 2.3 Mil revolving debt – balance sheet.
9/12/2016 – News – Enters into expanded line of credit with SVB and MCF up to $15 Mil.
9/12/2016 - Katherine Andersen, managing director of Silicon Valley Bank, commented, “Vericel is driving important advancements in cell therapy and it is our pleasure to expand our partnership to support their continued efforts.”
Q3 2016 report – 5.56 Mil revolving debt – balance sheet.
12/31/2016 – Q-4 report -9.3 mil revolving debt.
Q1 2017 – 8.679 M revolving debt
Q2 2017 – 8.0 M revolving debt.
Q3 2017 – 7.4 Mil revolving debt.
12/7/2017 – Line of credit with SVB and MCF reports expanding to 25 Mil. from 15 mil. (contradicts 9/12/16 report which reads 20 Mil, but there ya go)
12/7/2017 - Ryan Roller, vice president of Silicon Valley Bank, commented, "Vericel is on a strong growth trajectory and we are pleased to significantly expand our relationship to support their continued efforts to treat more patients with their unique cell therapy products."
Here's a pointless fact. Bob Kraft is Director at Apollo Global Management, whose subsidiary is Apollo Capital Management, who manages Mid Cap Financial, who holds our $25 million line, and last but not least, is the Bob Kraft who owns the Patriots. Whew... talk about a sentence.
Let's make sure Kraft doesn't get involved in a deflate gate of VCEL. Good luck y'all and all y'all.
Yup. These guys do some serious DD.
http://www.midcapfinancial.com/
Seems to be a general consensus that although the news was very good resolution to funding going forward without dilution, that after the good wore off some just took profit. And some jumped in and out.
Just not enough to keep pushing it up. It happens. I'm amateur but not concerned. It'll work itself out as the growth continues.
Ah, yes .. Good 'Ol Sanofi. And to remind myself as has been discussed in past and the several connections to Takeda .... it is Takeda CMO Plumb who came from being an SVP at Sanofi.
LOL ... Like you're really not going to remind me again. Of course you are. Every morning I get up and have to be reintroduced to my dogs and cats. It's tough.
CT - I know you saw this, but for the rest of the board. They might get a kick out of the use of MACI in England. This Hampshire group seems to have 4 locations for ortho work. Just another look at how the income stream is for my best gal, VCEL.
http://www.hampshireknee.co.uk/
Good job Coastal. good info from you/those guys in this site. I do not understand people giving up last month in the face of clear buying by institutions in significant share numbers. It was info like tute buying, ICT potential, development of a company like vcel becoming a growth company that gave me support when I felt my hands getting weak.
And lookie there what is happening now - Green here in a general sea of red. Brings a smile to my bearded mug.
So, Coastal - U notice that Dr. Recker's Neuralstem (CUR) is kicking it big time this morn. Come on Doc, bring your magic to VCEL.
I don't know .. HSGX - 13.4 million in warrants. cash to mid 2018. Japan with 1/3 the size of US with robust reimbursement in place. So, Japan waits until 2019-2020, for maybe? The Japanese just never seemed that patient to me. I'm trying. I'm really trying, but the story is just not all that compelling to me.
But, I'm not a student of this .. just an observer.
Coastal - hit me on DM @ ST. be a mensch. It won't kill ya.
And Realfast - I'll consider that and follow it over time.
Yes, Galt, Coastal, Laser, the curley dude etc. - I find that realfast offers negativity without reasonable basis. I fear not. Sorry Realfast - just my thought.
So, John Galt - What would Ayn Rand say? Probably say this company has growth possibilities. As for the number of burn centers v the total hospitals, I would think the consolidation of high quality burn centers would be a good for the expense of bringing these centers up to full capacity use of Epicel. I could be way off here. But for military, I think we can say Brooke Medical is the premiere burn center for the military. In addition, it has statistically handled 2x more civilians than military in 2012 stat (it was an old article). I didn't look further - we get the drift. And we know that Brooke Med. is contracting at this time with US Bioservices has been awarded contracts in more than one military location. I remain upbeat even though I worry constantly.
Bear in mind, I'm not a bio guy, a finance guy, or etc. Just trying to connect my dots with my skin (not epicel skin) in the game.
I liked that info re the last conference of 2016 and subsequent revision date that follow for new PT. Thank you. However, I sense the analyst might have a more compelling reason to get his new PT and reasoning on the table, no matter the decision of up or down. He owes it to himself and to his employer to move on this. Dang fool (technical term).
And to Realfast - I do appreciate those thoughts on the subject. I have skin in this game and review the articles and comments. All in all, I think it is helpful to the point of reviewing progress of potential competition. But .... wait ... Hold my beer.
To commoncents - I wish this had a thumbs up feature. I give you thumbs up for your thoughts on your 7206. As for competition as I read the looming threats of companies bearing down on VCEL, I was thinking .... We're not talking best macaroni on the shelf (maybe I'll try this other one - my patient won't care).
I'm hardly a finance guy, so if I simplified it that is because I am a simple man.
Hurley and Coastal - That analyst owes it to his own company. Piper has a reputation. I believe any management system would have 'encouraged' him in strong language to get this fixed.
I know what you mean. Even Thunder just makes chatter for the sake of chatter. The liling peace was always good and researched.
As for Piper, I expect this to be adjusted very quickly. Analyst owes it to Piper and Piper has an interest in their own reputation. Could even be tomorrow. I would certainly not want to go to be short with that big matzo ball hanging out there. After seeing a Piper upgrade shorting could be expected just because they can't help themselves. It's not my bag, man.
Been checking the DOD's regional contract awards frequently, but nothing. There's a lot of awards, especially at Brooke. It looks like it takes a couple weeks for awards to make it to the general website. Won't matter because that is just nickels and dimes. I'm gettin' a beer.