Replies to post #32366 on CSMG Technologies, Inc (fka CTGI)

[micah211099]

" The CSMG Board is confident that this team has the ability and motivation to lead LTC to a position of dominance within this significant segment of the surgical equipment industry. The group described below will assume formal duties and become official representatives of the Company once a bridge funding now underway is completed."

Thats from the last PR dated 3/26/10 extrin. By my calcuations that already puts them well into step 2 of what you outlined (the establishing financing once a course of action has been established). Do you still think considering that fact that revenues or sales contracts are well over a year away?

[lowman]

"All this can be thrown out the window if the new management communications skills are productive and assertive."

Now THERE'S an astute observation!


How did you ever get so smart?

[maddogs]

On #1.. I believe, from like experiences such as yours, the time limit may be affected by what I see as a likely intent overall for the Managment team. Or should I say , ultimate intent, which is to be out.. in a 2 year time frame to the most part. Shake, bake, IPO and a couple subs or divisions and move on. Hopefully, Ctgi will cover their bases early on with the LTC shares.. ect. I just don't see beyond the IPO for now.. and that's where the payola is for all the participants, Bridge loans, imo, are not going to keep them (managment, Funding Orgs ect) happy.

#2 Again, I think Dist. chains will be a simple JVs or even Lic. out. Production from established vendors, drop ship to the wholesalers and possible codevelopements with the JVs. Sales by independants and maybe eventually inhouse, 'cept for the Inhouse situ/JV.

The next weeks may have more to do, timewise, I think with the weaker links/participants in this,,, jmo, but, larger participants can move quickly than the small. I believe Don was courting these Entities from last year, and more so in the last months before his passing, so CTGI should only have to comply, rather than formulate any direction.

Don had found some of the best pricing for the product mfg., both here and all the way to China for example, he had several dist.s larger co.s already looking at the prodct.. to the point of testing/appraisal. Even had a second Genset generation being developed for Ligaments. He also had the additional tools under final concept and alpha config. for 510k sbmission. A number of Doctors have already been show cased, mostly Europe.

Come to think of it, what the 'ell is taking so long! lol.

Anywho, Management communication from Ctgi may be lacking till signifigant communication from LTC and its new management. So... everything might end up being set in motion faster, in shorter times sets, than what I could see in other developing companies.