CSMG Technologies, Inc (fka CTGI)

[bbhuey]

I was doing some DD on our CTGI instruments in Russian
and saw a picture in which they had 19 tools including
the generator

The development of the two present approved tools from he universal device to provide more flexibility
to make the procedure automatic has been achieved more error free as compared to other systems.

As a result of the speed in which vessels can be sealed
I think that this may also lead to less of a use for hemostats
and clamps but I am not sure and other associated problems.

Wwhere is Joe Synder can he answer
this?

I looked at some companies such as Starion that use low
thermal energy and pressure to do their electo surgery but can't help to think about what can happen even using low thermal energy.

If body temeperature is brought do t down by anesthesia that there can still be burning or tissue damage or lack
of sealing or sticking as a result of this.

My DD shows that radiopfrequency instruments have a 9% market share and that there is an 18% compounded annual growth rate
for radioffrequency instruments

General and specialty procedures within conventional
electrorsouurgery sector total about 17 Million procedures annually in e U.S. and expected to grow to 20 Million n
by 2010

By 2010 ,Laparscopic and medical devices are expected to grow to $18.5Billion


The big majors dominates this space like Johnson and Johnson,Tyco Health care and Baxter otherwise they will
acquire what they don't have

Gyrus acquired ACMI in 2005-Thermal therapy

Olympus acquired GYRUS in 2007- radiofrequency

In May 2008,OMrix got FDA approval for their Fibrin patch and got acquired by Johnson and Johnson for $483M in November


Since 2004 this industry has been consolidated by over
18 mergers and acquisitions since 2004


So if CTGI is eventually successful we may become takeover
bait

I don't know why we are at $.30 with FDA and EU approval
even though we have no revenues the financial environment
doesn't help either

Happy New Year CTGI Longs

All the Best

bbhuey