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Re: glg20 post# 50731

Wednesday, 03/08/2017 10:11:30 AM

Wednesday, March 08, 2017 10:11:30 AM

Post# of 140474
The price went down 30% before the announcement of an offering. Total BS. If the offering was a good one, the insiders that sold would not have been so eager to get out and potentially buy back in. The fact that they did this raise without any PR push is a sign of last minute desperation. They should have raised some a month ago... perhaps the prior success of McNally has made him arrogant about the ease of money raising for this sector. About the pressure that ISRG can have to keep a new company down.... The only hope is that he has a personally invested raise coming and didn't mind the share grab personally at a lower price. This grab needs to be at least 50% of the need IMO. If less, it is just stupid. If less, it shows that there is something seriously wrong with SPORT. Patel or not, there has got to be a reason that this is not raising funds in a MULTIBILLION dollar arena. Almost all of us here, saw this as an opportunity to make a huge profit. Like a sure thing, if they could just get it to market. The company misinformed us several times that they were fully funded... Many have lost big time. I am still losing on this venture. I have been in practice over 20 years and have seen many things come and go... however this one has put me financially back 10 years... My foolishness, however these guys are a bunch of lying F's IMO. I hope of course that I am wrong....