Monday, January 08, 2024 3:15:10 PM
Just got off the phone with the CEO in fact , an incredibly nice guy, yet very sharp on every question. He hasn't heard back from the NYSE so far , and to be honest he's not worried one bit. There are other avenues he can use such as an appeal of the NYSE delisting to a tribunal if relisting doesn't get approved. Also as some here have already mentioned going to the NASDAQ is another option as just two examples. But he stressed being on OTCQX isn't holding up business either.
He's more concerned right now with building the business and that's where the conversation got very interesting. Being a public company he is restricted in what he can say but there are definitely future products in the works. There are many ways to run Gentle Wave inside the patients mouth and it isn't just ultrasound as we know it! Gentle Wave runs millions of frequencies to kill all the bacteria so effectively. You got to think there might be some artificial intelligence in play here?) All he could really say today so I left him with my idea of an entire mouth cleaning with Gentle Wave and while he was receptive they are next looking at getting an FDA approval done right now for a different application for Gentle Wave. (Read more targeted and effective at preventing loss of teeth). 🤐
I also asked him for clarification on the efficacy of Gentle Wave by saying to him that it reduced visitations by one visit to a normal three to four visits for a standard root canal. He confirmed that was the case one visit as opposed to three or four. So you can imagine how pleased dentists are to become at least 3-4X more effective at repairing Root Canal procedures. This made me ask another nagging question I had... can Sonendo immediately up production in the event of a large contract for Gentle Wave instruments. He replied no problem at all. That was really a relief to hear.
So the upshot here, he's still waiting to hear back from the NYSE but if they demand more than he can offer there are other very useful avenues he can pursue (arguably better too IMO) . So it's not like he's going to get blocked by the NYSE at all! There are several ways he can move the company forward for increasing company revenue which is his primary focus as we speak.
Hope this helps, as you can see he's not sitting still waiting for the NYSE phone to ring, he took 4 days but returned my call. Obviously up to his ears in future products, partnerships and contracts... I am very impressed with this CEO business as usual guys but goes without saying NYSE relisting can't take forever. Patience, what did Charlie Munger say, something like. The profit isn't in the buying, but in the waiting...
Recent SONX News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/24/2024 06:54:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/24/2024 06:53:20 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/17/2024 05:44:13 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/17/2024 05:42:48 PM
- Sonendo Strengthens Leadership With Key Strategic Appointments • Business Wire • 06/05/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/23/2024 10:05:19 PM
- Sonendo to Present at the 2024 Stifel Jaws & Paws Conference • Business Wire • 05/20/2024 08:05:00 PM
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- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 04/29/2024 08:09:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 04/29/2024 08:06:58 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 04/29/2024 08:05:28 PM
- Sonendo, Inc. to Report First Quarter 2024 Financial Results on May 8, 2024 • Business Wire • 04/24/2024 08:14:00 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 04/18/2024 08:17:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 04/16/2024 10:40:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/15/2024 09:21:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/10/2024 08:05:50 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/27/2024 10:45:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/27/2024 10:45:09 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 03/25/2024 11:08:06 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/18/2024 09:55:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/18/2024 09:55:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/18/2024 09:55:12 PM
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