Thanks Joe, but there are many great level...
headed long investors on this board. Grawsha, Booper, Mgrego, Jonecool, Warhead, Muff1, Frasier and and many others. This is such a great board to be part of. I feel honored to be invested in such a great company with some great investors.
We knew the merger/acquistion deal was going to happen.
It was just a matter of time. The presidents letter even told us why. The good thing SNDY is moving in a very positive direction.
Solos’ main focus is to strengthen the Company’s bottom line. Solos is implementing several strategies to accomplish this goal:
I. The Company has dramatically reduced its debt, and is now building its asset base through the acquisition of new endoscopic equipment. By focusing on building its inventory of Disposable instruments, the Company can enjoy a faster turnover which will result in increased revenues. Solos Disposables have the highest profit margins of all their various endoscopic instruments.
II. Solos Endoscopy will focus on new product development. As discussed above, demand for minimally invasive endoscopic procedures is on the rise globally. Solos believes it must continue to develop new products to meet this demand. Solos plans on working towards the international launch of its product lines as it continues to strengthen its national distribution channels in the United States. This should result in an increase in sales through 2012 and beyond.
III. Solos Endoscopy plans on developing new strategic partnerships and joint ventures. Our goal of maintaining a low overhead, with little debt, while expanding our product distribution internationally, means that it is necessary for Solos to look for new partnerships with Company’s who are willing to share the cost of both new product development and distribution. This strategy should result in a positive bottom line and real value for all shareholders. In closing, I want to thank each of you for your patience and continued support of Solos Endoscopy. We will continue to keep our shareholders updated through regular posting on www.otcmarkets.com and Company press releases. To learn more information about the Company and its products visit www.solosendoscopy.com.
Regards,
Robert Segersten
President and CEO
Solos Endoscopy, Inc.
This is all great news for the longs.
Take care my friends,
Mike
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