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BIOLASE, Inc. Message Board

  • simonig simonig Feb 8, 2013 12:36 PM Flag

    Partnership Coming

    Federico Pignatelli (the CEO) has set up the business plan to be fiscally conservative and partner some of their unique, patent protected laser technology for various HUGE market. This way he brings in additional capital and addresses these huge markets (one example is the Occulase subsidiary) and avoids doing a secondary which he has said in a previous CC that he will not do. In the same CC he said that he will not do a secondary and dilute the shareholders. He also gave an example of ISRG which became a public company at $12, dropped to $6 and then rocketed up to $600/share. He believes BIOL is in a similar situation in that it has a unique technology which is ready to use and which addresses several multi-billion dollar markets. Pignatelli's strategy has brought BIOL back to a positive cash flow as recently announced and the newly released products should propel it to profitability this year. Partnering to address the multiple markets with cash rich companies is a great formula for success. The market appears to be finally waking up to BIOL's strategy and prospects. IMHO

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