So, let’s see. You “spent many hours over 4+ years combing through all of the information available to the public” and “audited all documents,” and you end up riding a stock down to an 80 percent loss. Maybe you’d better recheck your homework and redo your audits, this time in the real world, not the delusional, candy-colored sky Wise world, lol.
Even worse, this wealth destruction of shareholders comes at a time of unprecedented wealth creation on the stock market. It’s sad that the naïve individual shareholders listened to unscrupulous posters or despicable touts when the truth of what was unfolding was clear. And this is not an industry problem. Many medical device makers (MDT, BSX) are near multiyear highs. This is a bovie problem, caused by a woeful management that has somehow been left unchecked for years.
So now they have to pay Livneh $400,000 on top of the million or so to Keen and his lawyers and the extra $12,000 a month to the bank plus $60,000 in fees while facing a $3 million tab later in 2014. This from a company whose new miracle product hasn’t been selling and whose old products have declined in sales precipitously this year. Does not sound like a formula for success, does it?
"Meandered sideways?" It’s down 30 percent in just 2 months. I guess the Titanic "meandered sideways" before it sank completely. Meanwhile, Nasdaq closed over 4K for the first time in 13 years and the Dow and S&P are at alltime highs. And Bovie? Not so much.
it also just hit a 52 week low and may well close under $2 today or very soon. There is no bottom in sight., Now, aren't you glad you didn't buy "cheap shares" two days ago? There's a reason mgt. hasn't bought any shares on the open market in years.
You’ve got a company that is on the cusp of losing yet another devastating court case probably before year’s end, they are forced to pay a choking amount of extra cash each month to the bank, they have posted YOY double-digit quarterly revenue declines with another YOY double-digit quarterly revenue decline likely in Q4, their “innovative” technology has been a sales bomb, and next year they face the prospect of have to pay millions they don’t have. Fire sale prices? There’s a good chance that whatever you pay for shares today will be worth less tomorrow, perhaps even worthless if thing go on like they are now. There are more than 8,000 equities on the U.S. market, virtually every one of them has better prospects and better management than this sorry POS.
Good analysis. This is a company knocking on death's door. The thought that they could get "financing from the capital markets" to satisfy these choking obligations is ludicrous. The SEC filing detailing the latest loan terms with PNC simply set the stage for the endgame.
Another double-digit YOY plunge in quarterly sales, another net loss, and, wait for it,…all of $12,000 in jplasma sales in the quarter! That miracle device is really flying off the shelves!
And now the putzes are promising “improved sales” in 2014. They also promised improved sales in 2013, and they have seen a catastrophic decline.
$12K jplasma sales in Q3!!! And yet these putzes not only hold on to their jobs, they get raises.
Haha, your "homework" was just an exercise in inventing a fantasy so you could ignore reality. I warned everyone back in May when PNC changed the loan agreement that something bad was in the air. And if you don't see or understand the dire implications of Monday's SEC filing, you are a complete idiot.
so now there's a team of Bikes conspiring against you. maybe try doubling up on the meds, you paranoid, delusional nut, lol
haha, because the sec is always interested in clamping down on anyone who analyzes the situation correctly and makes an accurate prediction. Somehow, i think the sec would be far more interested in your four-year endless stream of lies, dissembles, and disgraceful attempts at pumping up a stock you have a big financial interest in.
Your delusions about me are wrong, as are your delusions that somehow all the bad news about bovie is a charade. You will lose your entire investment, and soon. You are a naive fool, and always have been, because you ignore the truth of what has happened and hold on to a crazy conspiracy theory that is impossible. Your screen name shows you for what you are. You are an arrogant idiot, swollen with false pride, who can't admit the horrible mistake you've made. Too bad, I never want to see someone lose their money, except in your case. You deserve what has happened, and what will happen to you.
and yet you invest your money and your faith with these lowlife creeps who treat their shareholders like #$%$ and have a legacy of failure and lies. it's despicable
You will hold on to your fantasy delusions until the bitter end, which is soon approaching. The end is near, very near. Bovie is not holding cards close to their chest. They have played all their cards, and they have nothing left. The game is almost over. Earnings will be the final nail in the coffin
haha, it's not me pounding it, it's shareholders trying to get out with at least a little of their investment. hope you have made alternative plans for retirement, because this hopeless pos is headed for the trash heap and it's taking you with it.