SiNtx Technologies Inc (SINT)

[CL101]

Continues from:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136789837

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Today's restated filing shows 2 important points:

1. The errors they fixed shows huge EPS improvement vs. 2016!

minus $1.42 (9-month ended 2017) vs. minus $15.21 (9-month ended 2016)

*** will make Zimmer's proforma EPS looks pretty later (least impact) ***

2. LOI signed, Fair Price Measurements done, Impairments Checked done, etc...

This looks like the last step before the deal announcement...Details check on the Financial Statements to locate errors in the filings & make sure the Financial Statements are ACCURATE.

IT'S ALL ABOUT ACCURACY! It looks like acquirer (Zimmer)'s Professional Financial Audit Teams already looked into AMDA' statements in details & found these tiny errors & notified AMDA's auditing team to fix them. Find & fix all these little errors prior to announcing the deal is important to make sure the deal goes thru. smoothly once announced. AMDA's Financial Statement is very simple & straight forward. Doesn't take much efforts for big audit teams from Zimmer to locate tiny errors & these errors can be quickly fixed.

"This study investigates the role of financial reporting quality in merger and acquisition (M&A) deals that are ultimately terminated, (i.e., go bust). If a target is a U.S. publicly-traded company, an acquirer’s initial assessment of the potential benefits associated with the acquisition of the company is based on publicly available information. Generally, the acquirer obtains limited private information from the target prior to announcing the deal, but engages in transactional due diligence after signing the acquisition agreement to affirm that the financial reporting warranties made by the target are accurate. We construct a low quality financial reporting score based on measures prior research identifies as being associated with less-reliable, less-relevant, and less precise financial reporting. We find that acquirers offer higher premiums for targets with low quality financial reporting. However, we also find that low quality financial reporting increases the likelihood of deal renegotiation, and contributes to the probability of deals going bust. We document that failed targets are more likely to restate their financial statements after the announcement of the deal, supporting our conjecture that low quality financial reporting contributes to deals being terminated. Our research provides new insights into the capital market consequences of financial reporting quality and identifies a new determinant of financial statement restatements."

https://www.researchgate.net/publication/228283210_Target_Financial_Reporting_Quality_and_MA_Deals_that_Go_Bust


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Long & Strong until M&A day

DON'T feed the BEARS

HOLD tight to your shares

STEAL their cheap shares

BEARs play mind games on BULLs like Harry S. Truman's Quote:

"If you can't convince them, confuse them."

The BEARs can't scare the BULLs into panic to sell their shares & they can't convince the BULLs to leave; The BEARs play mind games to confuse the BULLs by throwing hard-to-verify info. & empty oratory! Remember, the crap talkers are the hidden buyers (to cover shorts positions or they want tons of shares to cash out on the M&A news).. Well, at least I disclose myself as a long, retail investor. Are the BEARs into some type of kind-hearted acts & are here to look out for investors & their $$$...cough cough cough. Shake my head! Come on...Who are the BEARs trying to fool? Fooling 3-year old kid?

This is the way I interpret all the BEARs BS spinning:

1. BEARs survey = No M&A...No goldmine here...= it means ... YES it's M&A coming & goldmine is here!!!

2. Potential suitor = Is Not Zimmer...= it means...Yes..It's Zimmer!!!

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Wink @ BLUE POPEYES:

Warum versteckst du dich wie eine Ratte?

am meisten zwielichtiger Charakter!

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