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Saturday, July 27, 2013 10:15:55 AM
A pink trading at .002's with FDA & CE mark?
My goodness, your talking about a company who has the ability not only to sell products in the US but the European nation & Canada as well, trading under a penny? Hell under 5 cents?
SNDY won't see trips, IMO...
When audit is complete, SNDY will have FDA, ISO 13485, CE mark, on over 200 products. Approved to market globally.Large companies in the EU will now start to target SNDY as a competitor and as a source to start marketing in the US. Especially if SNDY offers a more affordable product then theirs and have a well known product in the US.
New state of the art technology.
More affordable
FDA approved
CE approved (milestone)
"Roughly 30% of announced 2011–12 M&As had milestone clauses, while the potential value of milestone payments accounted for nearly half of the total potential value of those transactions. Acquirers will likely continue to use such milestone provisions, particularly in early-stage transactions where the perceived risk is higher."
http://www.ey.com/GL/en/Industries/Life-Sciences/Pulse--medical-technology-report-2012---Mergers-and-acquisitions---medtechdata
Milestone: a significant event or point in development.
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