Tue, Jul 29, 2014, 6:44 AM EDT - U.S. Markets open in 2 hrs 46 mins

Recent

% | $
Click the to save as a favorite.

Fidelity National Financial, Inc. Message Board

rrtzrealmd 106 posts  |  Last Activity: 4 hours ago Member since: Aug 24, 2011
  • Reply to

    regarding patent.. rrtzrealmd..

    by triple2sss1 Jul 18, 2014 3:25 PM
    rrtzrealmd rrtzrealmd Jul 18, 2014 7:10 PM Flag

    ...all I know is that ihealth's device looks like dario, is already FDA approved and is already on the market...that was since about 1-2 months ago...since then I haven't seen any comments from DRIO about any patent issues...since that device obviously humilates dario -- and practically every other glucometer if the price of a strip actually is only about 20 cents each -- then I would presume Labstyle management knows about it...Labstyle's failure to comment seems pretty obviously a declaration of no patent infringement...that, in turn, means Labstyle's patents are worth about as much as Labstyle itsef -- i.e. ZERO.

  • Reply to

    rrtzrealmd.. seek for your advice

    by triple2sss1 Jul 18, 2014 3:50 PM
    rrtzrealmd rrtzrealmd Jul 18, 2014 7:00 PM Flag

    "...labstyle is one of the worst company in the world?"...oh, definitely!...it and ORMP and a several other Israeli companies that I've stumbled across recently are definitely vying for "Stinkin' Heap of Fresh Dog Manure" award...

    ..."very good result of dario soft launch"???...what very good "result"?...per the 10Q for quarter ending in March, revenues were ZERO, and I haven't seen them announce any revenue or profit projections...and none of the announcements about distrbutor deals mentions any actual silver crossing palms...until I see 10Qs with REAL numbers on them, announcements about distributors or reimbursement approvals are just smoke and mirrors designed to sell stock to naive investors...

    ...as far as I'm concerned, the thing is antiquated compared to what's already available, offers stuff that diabetics don't care about, isn't cost competitive according to the numbers presented on some of the distributors websites, etc, etc...

    ...cap all that by by the fact that continuous glucose monitoring is the next "big thing"...even AAPL is working on a non-invasive one...the Chinese are bringing one to market...and Medtronic now offers a combination CGM/insulin pump...etc, etc...

    ...dario is ancient history...it actually went out of business maybe five years ago, but just hasn't realized it -- kinda like buggy whip manufacturers a century ago...or more likely Labstyle did realize it and that's why they decided to do an IPO before everyone else figured it out as well...

  • Reply to

    A "toxic" private placement?

    by rrtzrealmd Jul 17, 2014 2:05 AM
    rrtzrealmd rrtzrealmd Jul 18, 2014 9:30 AM Flag

    ...here's the rest:

    "A registration statement registering only the Shares and the Warrants Shares for public resale was declared effective on June 3, 2014, thus triggering the commencement of the Adjustment Period. In accordance with the Securities Purchase Agreement, because the Adjustment Price ($0.89, as calculated above) was less than the price per share in the Offering ($1.88), on July 3, 2014, the Company issued an aggregate of 2,484,416 unregistered Adjustment Shares to the Buyers. In addition, pursuant to the terms of the Warrants and as a result of the issuance of the Adjustment Shares, the exercise price of the Warrants was reduced to $0.89 per share and the number of Warrant Shares was increased by an aggregate of 2,746,688 shares of Common Stock (the “Additional Warrant Shares”). Since the Adjustment Shares were not freely tradable when issued, the Company may be required to issue further additional Adjustment Shares if the Adjustment Price is less than $0.89 per share following a second Adjustment Period which will commence on the earlier to occur of August 18, 2014 or the date when a registration statement covering the resale of the Adjustment Shares and Additional Warrant Shares is declared effective by the SEC."

    The only thing I see that I may have misinterpreted was that for the upcoming adjustment period, the stock needs to stay above 89 CENTS in order to avoid having to issue more FREE stock and MORE free warrants.

    Still translates into potentially INFINITE dilution as long as the stock keeps dropping.

  • Reply to

    A "toxic" private placement?

    by rrtzrealmd Jul 17, 2014 2:05 AM
    rrtzrealmd rrtzrealmd Jul 18, 2014 9:25 AM Flag

    "Somewhat more"??? Well, if you wanted the whole thing you could've just said so...here's the first part:

    "On February 12, 2014, LabStyle Innovations Corp...entered into a definitive Securities Purchase Agreement (the “Securities Purchase Agreement”) with certain institutional and accredited investors (the “Buyers”) to raise approximately $4.19 million in gross proceeds in a private placement offering (the “Offering”) of consisting of an aggregate of (i) 2,226,956 shares (the “Shares”) of the Company’s common stock (the “Common Stock”) and warrants (the “Warrants”) to purchase an aggregate of 1,670,216 shares of Common Stock (the “Warrant Shares”). The Offering closed on February 18, 2014.

    Pursuant to the terms of the Securities Purchase Agreement, the Company is potentially required to issue additional shares of Common Stock (the “Adjustment Shares”) at a specified time to the Buyers in the event that the price per share of Common Stock in the Offering ($1.88) is greater than the price per share of the Common Stock, calculated as 90% of the average of the ten (10) lowest volume weighted prices of the Common Stock (the “Adjustment Price”) during the twenty (20) trading day period (the “Adjustment Period”) starting immediately following the earlier of the date on which the Shares, Warrants Shares and Adjustment Shares have been registered for resale with the Securities and Exchange Commission (“SEC”) or are able to be sold without restriction under Rule 144 under the Securities Act, of 1933, as amended; provided, that, subject to the terms and conditions of the Securities Purchase Agreement, the Company may be required to issue further additional Adjustment Shares at one or more additional specified times if the Adjustment Shares are not freely tradable for certain specified minimum periods."

  • Reply to

    A "toxic" private placement?

    by rrtzrealmd Jul 17, 2014 2:05 AM
    rrtzrealmd rrtzrealmd Jul 17, 2014 12:08 PM Flag

    "raise a modest amount of additional money"???...uhhh, hello!...did you read it?...they GAVE AWAY 2.5 MILLION shares of stock AND they also GAVE AWAY 2.5 MILLION warrants AND they reduced the warrant exercise price to 89 CENTS...DRIO did not collect ONE DIME in the transaction...

    ...NOT ONLY THAT, but DRIO will have to repeat this process OVER AND OVER as long as the stock price is below $1.88...in other words there is potentially INFINITE dilution!...somehow I don't think INFINITE DILUTION has been "factored" into the stock price...

  • From the July 10 8-K:

    "On February 12, 2014, LabStyle Innovations Corp...entered into a definitive Securities Purchase Agreement...to raise approximately $4.19 million...in a private placement offering...2,226,956 shares...and warrants... to purchase an aggregate of 1,670,216 shares of Common Stock...

    ...the Company is potentially required to issue additional shares...to the Buyers in the event that the price per share...in the Offering ($1.88) is greater than the price per share of the Common Stock, calculated as 90% of the average of the ten (10) lowest volume weighted prices of the Common Stock ...during the twenty (20) trading day period...starting immediately following the earlier of the date on which the Shares, Warrants Shares and Adjustment Shares have been registered for resale with the Securities and Exchange Commission (“SEC”) or are able to be sold without restriction...

    ...A registration statement was declared effective on June 3, 2014...because the Adjustment Price ($0.89, as calculated above) was less than the price per share in the Offering ($1.88), on July 3, 2014, the Company issued an aggregate of 2,484,416 unregistered Adjustment Shares... the exercise price of the Warrants was reduced to $0.89 per share and the number of Warrant Shares was increased by an aggregate of 2,746,688 shares..."

    And apparently this can go on ad infinitum as long as the stock price keeps falling! Well, issuing 5 million shares is likely to help it go up, is it?

  • rrtzrealmd by rrtzrealmd Jul 17, 2014 1:47 AM Flag

    Someone posted ealier about Kaplan being nrought on board for "his expertise in clinical trials data management"...yeah, right!...but I guess it's just a coincidence that both Fuerst and Kaplan are on the "executive team" of Medivizor -- a company that seeks to "Improve the lives of people with serious or chronic medical conditions and of those who care for them"...and get stinkin' rich while doing it -- right?...Fuerst is the "chairman," and Kaplan is the "chief medical officer"...so when's the IPO I wonder!

    ...in any case, most likely Fuerst brought Kaplan on just to give his "buddy" a spot at the shareholder equity "trough"...not to mention, it no doubt helps reduce the likelihood of dissension by anyone looking to force the company to actually do something for shareholders!...

  • rrtzrealmd by rrtzrealmd Jul 16, 2014 11:50 PM Flag

    "This prospectus relates to the offering and resale by the selling stockholders identified herein of up to 20,982,902 shares of our common stock, par value $0.0001 per share. These shares were privately issued to the selling stockholders on August 29, 2013 in exchange for shares of Intra-Cellular Therapies, Inc., a Delaware corporation, which is now our wholly-owned subsidiary and which has assumed the name ITI, Inc. We will not receive any proceeds from the sale of these shares by the selling stockholders."

    I am soooooooooooooo surprised!...HAW!...

  • Reply to

    this company sure is quiet,

    by johnnybgood270 Jul 15, 2014 7:10 PM
    rrtzrealmd rrtzrealmd Jul 15, 2014 7:56 PM Flag

    ..."Guess their working real hard?"????...oh, wait a minute!!...I can't let that go by!......hold on a second!.........gotta pull myself together!...okay, okay!!...here it is:

    HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW!!!!!!!

    ...aw, man!...looks like I gotta run and change my depends!!...HAW!

  • Reply to

    Gag me with some...

    by rrtzrealmd Jul 15, 2014 12:05 PM
    rrtzrealmd rrtzrealmd Jul 15, 2014 7:28 PM Flag

    ...uhhhh...his name to help add credibility to a scam, maybe?...and a really, really awful hairstyle (judging from his Iris Cantor photo)...that's about all I can think of...unless, of course, the company is thinking about developing a little urinanalyis box complete with test stips...and in exchange he gets to collect a nice fat quarterly fee for picking up the telephone and "attending" a BOD meeting for an hour or so...easy money to help pay for that ritzy home in Chappaqua...

  • rrtzrealmd by rrtzrealmd Jul 15, 2014 12:05 PM Flag

    ...three day old roadkill already!...fom an interview with the CEO:

    "July 3, 2014 6:08 am

    Three months after his father died of diabetes,...Rafael received an offer to join Lifestyle.. "Like someone radioed me to come work here," he said in an interview with G and hoped that investors lined up with the development that could change the lives of 350 million diabetics worldwide..."

    "Radioed him"???....sheeez!...did they also "radio" him that million bucks they paid him in 2013?...

    ...I mean, seriously, look at this guy's work history:

    1998-2011 Amdocs in order: software engineer, development manager - amdocs delivery Group, post-merger Integration & program manager, director of strategy - CTO Office

    2010-2012 Co-founder: redB -- "LTD introduced mySuper.co.il as an e-commerce platform for supermarkets..." which apparently went belly-up since "redb" is now some sort of streaming video service.

    I wonder whether it wasn't the the unemployment office that "radioed" him!

    So his experience with diabetes is limited to his dad, his experience with medical devices in general is nil, as evidently is his experience with marketing, but if we need someone to fix the computer, he's the guy to call -- is that about right?

    And they paid him a million in 2013??? Go figure!

  • rrtzrealmd by rrtzrealmd Jul 14, 2014 8:29 PM Flag

    ...starting a new thread since yahoo gets messy after a half dozen or so responses...

    ...in any case, from 2 years ago:

    "Philosys announced today that it has received the CE Mark for the Gmate SMART Blood Glucose Monitoringblood glucose monitoring Sugar monitoring Lab medicine."

    Now if you go to their website , you can see:

    ___.imsol-inc.___/product/gmate-smart/

    ...sorry, but thanks to yahoo's dislike of hotlinking, you'll have to fill in the blanks yourself...as you can see, it bears a rather striking remsemblance to you know who...now, in 2011, at least, they were claiming:

    "The patent pending technology of the Gmate SMART uses the operating system of the smart phone and works by plugging the device into the headphone See headphones. connector of the smart phone, and launching the companion app."

    ...and that's where I stopped...someone else can go look to see if there might be any patent infringement issues...

  • Reply to

    And speaking of convenience...

    by rrtzrealmd Jul 11, 2014 1:35 PM
    rrtzrealmd rrtzrealmd Jul 14, 2014 6:47 PM Flag

    I looked for "labstyle" and found only those two items...I looked up some of the indiviuals and under "feurst" found one more: "CLAIM The ornamental design for a blood glucose cartridge, as shown and described."...but all it shows is a drawing of the other two drawings combined into one-- " FIG. 1 is a perspective view of a blood glucose cartridge showing our new design" plus drawings from above, below, etc...it's listed as: "Filed on Jan. 24, 2013, as Appl. No. 29/443,968."...so it looks to me that all they have patented in the US is the design of the box and of the phone plug...

    I also looked for "dario" and found a bunch of people but nothing related to "dario" -- have they even bothered to trademark the name?

  • Reply to

    And speaking of convenience...

    by rrtzrealmd Jul 11, 2014 1:35 PM
    rrtzrealmd rrtzrealmd Jul 14, 2014 12:38 PM Flag

    ...shoot, y'all!...it's Chinese!...I doubt they even have a word for "patent" in Chinese!...

    ..."iHealth Lab is part of China-based Andon Health"...Andon trades on the Shenzhen exchange...

    ...and you can sum up the value of DRIO's "notice of allowance" in two words -- "jack" and "sh__"...all that means is DRIO can proceed with their application...and if you go to the patent office and read them, the first is a "CLAIM The ornamental design for a glucose meter, as shown and described." and the other is " CLAIM The ornamental design for a blood glucose cartridge, as shown and described."...there's nothing there but a couple of DRAWINGS of the gizmos...so the impression is that all they've applied to "patent" so far is the "ornamental design"...yeah, that's gotta be worth a lot!...

  • Reply to

    And speaking of convenience...

    by rrtzrealmd Jul 11, 2014 1:35 PM
    rrtzrealmd rrtzrealmd Jul 11, 2014 10:41 PM Flag

    ...did you read my response to your previous reply?...did you read the comments section of the latest seekingalpha DRIO article?...sure, the ihealth thing is "cute" and probably some women will buy the thing for the colors...however, it's primary SELLING point will be the cost of the strips -- ONE QUARTER the price of most strips AND "below the typical insurance co-pay contribution"...

    ...dario is ANTIQUE...a simple, tiny bluetooth dongle enables ANY meter with a USB to do everything dario claims...and glooka and ditto enables practically ANY glucometer to do what dario claims...

    ...you expect the ability to store some supplies in the box to be a selling point?...you're trying to sell a comb to a bald man!...does it store alcohol pads?...does it store bandaids?...does it store 2x2s?..do you have even a remote idea of what diabetics want?....the average diabetic will care less about dario's little box...anyone wanting a little box can buy one -- size, shape, color -- to suit whatever need they might have...

    ...on the other hand, IF the ihealth claim about the cost of the strips is accurate, THAT could be a game changer...how will dario respond?...who cares -- dario is just an excuse to sell stock and feed management...

    ...also note that DRIO's website says NOTHING about dario being available for android...so far it says only apple phones...

  • ...someone was wagging their jaws about the "convenience" of dario, well, lookee what the FDA just approved:

    "iHealth Lab...has received FDA clearance and is launching its iHealth Align blood glucose monitor in the U.S. This is the smallest FDA cleared glucometer, but it requires an Android or iOS device to take readings. The device is plugged into the 3.5 mm headphone jack of your phone/tablet and from there it’s operated pretty much like any other glucometer, with all the interaction done through the phone/tablet’s touchscreen."

    ...slightly bigger than a quarter and sooooo cute and the case comes in FOUR different colors!...say what:

    "iHealth also announced the iHealth Simple Savings program to eliminate complexities associated with insurance paperwork by significantly lowering the price of their proprietary test strips. The new price is about one-quarter of the list price of most name brand test strips, placing it at or below the typical insurance co-pay contribution. Users can now purchase iHealth strips and avoid hassles associated with reimbursement for insurance coverage."

    ...cute AND economical!...hard to beat, but wait:

    "The Simple Savings program will also incorporate an option in the near future to automate test strip replenishment through the iHealth Gluco-Smart mobile app, which intelligently tracks individual test strip usage, allowing for accurate and timely refills."

    Wow! It even automatically orders refills -- how convenient!...oh, my, I'm glad i'm not a dario salesman!...

  • Reply to

    Will Dario meet the new FDA requirements...

    by rrtzrealmd Jul 8, 2014 9:31 AM
    rrtzrealmd rrtzrealmd Jul 11, 2014 1:18 PM Flag

    ....awwwwww, what's the matter, bunky?...BAGHOLDING got you down?...I suggest you read the comments to "Update On Dario Launch And Progress" article on Seeking Alpha"...it kinda points out how you can use a simple, tiny bluetooth dongle to enable ANY glucometer with a USB to connect to ANY phone...it also describes a number of other devices and services that render the dario OBSOLETE...I choose Contour simply becasue it appears to be quite popular, is free from Bayer, and comes with a discount program for strips and supplies -- little things that can make competing difficult...I certainly wouldn't want to take on the likes of Bayer -- I'm not into that David vs Goliath stuff...get it?...tiny scam Israeli biotech versus etc, etc...HAW!

    ...the comments section also points out that dario apparently is only available for ios so far with no indication of when android will be available -- at least that's the way I read the website...and I vaguely recalled it challenging the credibility of some of those "distributors" DRIO allegedly has lined up...on in particlular I recall is in New Zealand; that one actually appears to have been set up by DRIO itself...I wonder how legal it is to set up a distributor yourself and then announce an agreement with it WITHOUT revealing you set it up...cheers!...

  • Reply to

    no update from mnkd? a good thing..

    by protectdeeznutz Jul 8, 2014 1:46 PM
    rrtzrealmd rrtzrealmd Jul 8, 2014 7:56 PM Flag

    ...."no update...a good thing" -- oh, definitely!!!...cuz when they DO update and tell you that despite their best efforts they haven't been able to find a suck...uhhhh...a partner!...

    ...oh, no, wait!...that's not what they'll say!...how silly of me!...no, what' they'll SAY is that after due consideration and careful review of strategic options, they have decided that it would be in the best interests of the company and its stockholders that MKND pursue marketing of Afrezza independent of any burdens imposed by a partnership...

    ...yeah, it''ll be something like that!...I betcha!...I just betcha!...and then, of course, comes the secondary offering to pay for that, etc, etc, etc....

  • Reply to

    no update from mnkd? a good thing..

    by protectdeeznutz Jul 8, 2014 9:58 AM
    rrtzrealmd rrtzrealmd Jul 8, 2014 12:21 PM Flag

    ...."no update...a good thing" -- oh, definitely!!!...cuz when they DO update and tell you that despite their best efforts they haven't been able to find a suck...uhhhh...a partner!...

    ...oh, no, wait!...that's not what they'll say!...how silly of me!...no, what' they'll SAY is that after due consideration and careful review of strategic options, they have decided that it would be in the best interests of the company and its stockholders that MKND pursue marketing of Afrezza independent of any burdens imposed by a partnership...

    ...yeah, it''ll be something like that!...I betcha!...I just betcha!...and then, of course, comes the secondary offering to pay for that, etc, etc, etc....

  • rrtzrealmd rrtzrealmd Jul 8, 2014 9:48 AM Flag

    ...oh, wow!...that leaves me breathless!!!...from LAUGHING!!!...the guy only took home 4.5 MILLION dollars in compensation -- NOT including benefits -- in 2013!!!...and you're wound up because he parted with 16 grand to buy some of his own company's stock????...hoo-boy!...doesn't take much to get you excited, huh?...HAW!!!...

FNF
27.21-0.44(-1.59%)Jul 28 4:01 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.