Replies to post #53589 on Umbra Applied Technologies Group Inc (UATG)

[Mcol52]

Ossifix is coming. Next Cast makes a high tech cast and Ossifix makes surgical pins and plates out of bone. Two different companies. I spoke with some of our guys that specialize in medical companies technology and devices a few months back when it was announced under UCIX. They said that if they really deliver devices made of bone that it would be huge. They are watching and waiting to see how the launch goes. I also confirmed that a new 510kFDA approval wouldnt be necessary as long as they used the bone type they mention on their website. Apparently that bone type is already approved. Smart on Ossifixs part. It could be a monster. I think UATG is going to announce that it bought Ossifix within a week or so. Shareholder letter is coming "soon" and he said he wanted announcements out of the way before he releases letter.