SiNtx Technologies Inc (SINT)

[MicTrade4490]

What additionally against an improvement of the company speaks:
They plan to raise $10 million. After all fees deducted around $9 million remain. They plan to pay immidiately after the offering outstanding debt. The remainining $6 million are used to run the company.

IF they had increasing revenues as we speculated because of the last business update (33000 implants...) it would no be necessary to raise that much money (at least 100% increase of outstanding shares! When we think about a dropping share price, even more to get the $10 million)!!!

IF clearences were imminent (doesnt matter which one - i guess all of them are not imminent) they wouldnt need to raise that much money, revenues would increase in the next quaters..!!!

Instead, they raise $6 million more than actually debt outstanding. That tells me they are running the (then debtfree) company partly on shareholders back. They are thendebtfree because shareholders paid debt for them over the last years. And finally, they are getting fat salaries on our credit. Salaries may be industry-average but other companies in the industriy are operating independently!
I cant blame nobody else but me to put my money in AMDA, and I partly regret it deeply! I know business is expensive and takes time but look at that chart, we get nothing (so far) back from our investment. Again and again we get disappointed, while we get no accurate news stream from the company. At least a little bit more communication would make me feel more positive about AMDA's future.

All I see is that the company is broken from the inside out and that the rest of the market is laughing about us.