MACD cross, other indicators primed and ready. We'll see! Last news evidence of manufacturing process
starting in one of the bigger projects. What could be a catalyst from here? Large distributor or 3rd party,
end of the clinical trials for Haemoband, Auto news. Clock is ticking.
Oh, and I am fairly certain that the 13,000 figure represents pairs of inserts and this as
noted is probably a minimum purchase order agreed upon. Looks promising
With long term investors like you probably all-in with their extra cash, it doesn't take many speculators who seek instant gratification to take the stock down. Those speculators who get out now will be crying when news comes out and they don't have a cheap position any more and have to pay higher prices to get back in.
Over-Sold. Stochs oversold. Positive MACD divergence.
Probably some news update next week.
Fundamentals unchanged. Three major product launches this year, Mettis and scopes first
half, and auto ramping up. Fair value now? Almost double. 6 months from now? More. JMO.
Excellent resource for any investor, these guys just keep finding the right play at the right time for their members and delivering quality reports that feature companies flying under the radar with big potential for breakout performances.
I don't have an explanation for the drop. Any excuse when the stop drops is as good as another when
there is no news to explain it, and as far as I know, no change in the fundamentals. Every day is one
day closer to a deal, signed contract, significant announcement. Is the sky falling? Last time we went
from .30 to .125 and now .35 to .18. I feels about the same as I did back then at .125-
I don't think it was an negative for speculators. I just think some info leaked that UA was buying somebody and that's what caused FLXT price jump the last few weeks. When it turned out not to be FLXT they took their money elsewhere. I agree with everything you said. Once we do get true revenue producing product I think FLXT will be sold. I think it will be sold to WALKER MFG.
It's been interesting to see the sharp moves basically without any news on the company for months. This is not a company for people looking for a quick hit. What I don't understand is how the news would be a negative for speculators. It shows UA is out to grow and acquire any technology/vertical that will help it expand its business. Mr. deGreef may just hit a home run and sell the Mettis Trainer to one of the majors....if that happens then FLXT benefits from the supply contract for all of the sensors. Otherwise, he will be selling it himself and FLXT will experience profits just at a slower clip as I'm guessing that funding will not be quite as robust for expanding the product. My guess is the real money maker (for shareholders) this year will be the deal with Haemoband provided they complete the 5 phases within the next 5-6 months. Also, I would think to provide for the car horn assemblies, the orders should start somewhere mid-year. As for the shoe....its a wildcard that remains to be seen.
Sentiment: Strong Buy
Buying two digital health / fitness companies. The Mettis Trainer has Under Amour featured in its video. I think FLXT might be on their radar. The PPS drop and volume increase yesterday right after the UA announcement
make me believe I'm not the only one that thinks so. The speculators fled yesterday, they will be back when Mr. Mower gives us some new news. I plan to keep adding whenever I can. Disclaimer the above is my WAG.
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Oh yeah Calvin, and while you're making inquires don't forget to inquire about the auto project launching this year with top auto maker.
All Google my friend. Stock down a bit, offers up a bit, and now bashers show up. I wonder if the "smart" money is on the buy side as it has been for a few months now? Fundamentals unchanged. Haemoband will deliver. The product sounds too good and will sell itself IMO.
Speaking of Ireland. Forbes number one country for doing business with the U.S. number 14.
European headquarters for Facebook, Twitter, Google, Linked-In and Medtronic (medical) with a large
presence, just to name a few.
Here we go with the bashers. Haemoband is a private company located in Belfast, Ireland established
in 2005. They have outsourced the production of their ligatures. Since they are private it is difficult to
find full company information especially located in Belfast. One reference I noted stated they were on target to do 2 million in sales a few years after establishment in 2005. Another noted approximately 400,000 Euro
or pounds in cash. They have their Haemoband in multiple countries with at least 15 distributors or more, including Australia, Hong Kong, New Zealand, Europe, U.S. etc. There are multiple medical supply companies offering their product in the U.S. They have made milestone payments to Flexpoint probably to total 100's of thousands after all phases complete. They are in the midst of the clinical trials for the scopes.
They completed trials for their ligature as well and received US FDA clearance in the past. They had
a booth at Medica, the largest European Medical Expo.
They are not Olympus or Flexpoint stock would be 10x. However, they have a track record,
cash in the bank, a successful product with multiple distribution channels which fit perfectly
with the Flexpoint scope i.e. marketing to GI physicians dealing with colon issues.
They have outsourced production and distribution and managed to stay small and probably
have pretty decent sales as noted above. They may be lean, but probably hungry, competent (GI physician part owner and found) and maybe just what the "doctor" ordered. JMO