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4starman

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Alias Born 09/02/2010

4starman

Re: None

Monday, 01/05/2015 1:58:33 PM

Monday, January 05, 2015 1:58:33 PM

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News out. The company posted an 8-K on it's website. Staffing and salary reductions. Company estimates the cost savings will fund operations til the end of 2015

http://ir.kipsbaymedical.com/phoenix.zhtml?c=236052&p=IROL-secToc&TOC=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9vdXRsaW5lLnhtbD9yZXBvPXRlbmsmaXBhZ2U9OTk3OTk5OSZzdWJzaWQ9NTc%3d&ListAll=1

Also gave a feasibility study update. They expect to reach goal of treated patients by the end of Janusry 2015 and follow-up angiograms by October 2015.

LONG wait for any significant FDA news.
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