All those companies youre referencing almost always are riddled with debt, an important detail youre omitting . Thats usually where scamming comes into play. The companies debtors are the ones that are playing the stockmarket and investors to make back as much of the debt as they can before the company goes bankrupt or creditors possibly buy the company take it private. Thats exactly what happened with Pernix although i have no idea what happened to the IP after its BK. Once the debt is shed then suddenly those companies can succeed. Thats not the case with Sintx as there are no real debtors/debt.
Sintx is still a public company so if Sintx going puiblic was a giant con to fund R&D and go private again, then the scam isnt complete and theres still time to stop it. The only con going on atm, is the one being used to scare investors away through continued naked shorting of offerings to drive the price lower combined with constant posts on forums the company is a scam. Again, there has been nothing to justify the drop in stockprice since late 2022 other than that. If Sintx was properly valued then this wouldnt be an issue. The con is that Sintx isnt worth investing in whether management is part of this or not. The goal seems to be to create the context to acquire Sintx, or its IP, cheap and then make a boat ton private when deals suddenly appear. The fact that management purposefully did not disclose and removed the fact that Dr Bal and Dr Link were connected to Zimmer in the companies IPO paperwork is a redflag that they could be part of keeping Sintx from being successful publicly. Those facts were very much there when Sintx tried to IPO for a proper valuation ($225m if memory services) in 2007. 225m valuation when it had only 3 product candidates. Now so many more exist.
Mr Bond, they have a saying in Chicago: 'Once is happenstance. Twice is coincidence. The third time it's enemy action'.
One is an incident, two is a coincidence, three's a pattern, and four is enough for a warrant
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Extra information on the status of a Si3n4 based hip implant:
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