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Saturday, 03/16/2019 5:03:21 PM

Saturday, March 16, 2019 5:03:21 PM

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oof. Im lazy and dont want to read the Q1 again to reference.

We are entirely dependent on CTL Medical’s ability to sell the spinal fusion products we manufacture from silicon nitride



Really opens up the imagination of Zim Zam throwing stuff into the ocean to eliminate superior competition. Doubtful. But it's what I would do in their position.

We are seeking a strategic partner to develop and commercialize our total joint replacement and dental implant product candidates. We will be reliant on our strategic partners to develop and commercialize a total hip or knee joint replacement product candidate that utilizes silicon nitride-coated components, although we have not yet entered into an agreement with any strategic partner to develop products with these silicon nitride-coated components and may be unable to do so on agreeable terms



Well they are also mentioning dental here so segway into the next quote:

We have entered into a joint development agreement with a dental implant design company and distributor of dental technologies for the development of a silicon nitride based dental implant system and devices



SO are they seeking a partner to develop or have entered a development agreement but still seeking a partner?? explain it to me like Im 12 Sonny..This is a great example of the confusion.

All research and development costs, including those funded by third parties, are expensed as incurred. Research and development costs consist of engineering, product development, test-part manufacturing, testing, developing and validating the manufacturing process, and regulatory related costs.



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