"...she still holds some 3800 shares and has not increased the 279 share sale amount since her departure from SSH."???
Seriously? Pardon me a sec:
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!!!!
...oh, man! Thanks! I can always use a good laugh! So she's got a WHOPPING 3800 shares and she hasn't changed her 279 share sale amount???? THAT is something to boast about?
Not to mention, since she is NO longer a SSH employee, she is NO longer REQUIRED to file how much she owns, sells, or does otherwise with! For all ANYONE knows she sold everything the day after she was FIRED!
Man, talk about scraping the bottom of the barrel for SOMETHING positive about SSH!
Actually, YOU sound more in a state of "panic" than anyone. Of course, with SSH bouncing around its 52 week LOW, I guess I can't blame you.
"This research note has been prepared by One Equity Research, LLC on behalf of Sunshine Heart, as part of research coverage services. One Equity Research has received ten thousand dollars as of the date of this report and may receive up to twenty thousand dollars per month for ongoing coverage of Sunshine Heart. An affiliate of One Equity Research, LLC holds an ownership interest in Sunshine Heart. This research note is not an offer or solicitation to buy or sell the securities of Sunshine Heart. The note is for information purposes only, and is not intended to (and is provided explicitly on the condition that it not) be used as the sole basis to make any investment decision. Investors should make their own determinations whether an investment in any particular security is consistent with their investment objectives, risk tolerance, and financial situation."
Dang! 10 grand up front PLUS up to 20 grand a month PLUS FREE stock just to say nice things about SSH???? Hey! I can do it! I may not be able to look myself in the mirror afterwards but for that kind of loot, who cares! Right?
That's actually kind of an interesting clause, isn't it? Why 20 mil? Why not just 10 mil to cover the loan? Was the loan just an excuse to justify a 20 mil secondary later on?
Oh, yeah, REAL "impressive! First page with MULTIPLE "warnings" and then I'm pretty sure there was a BLACK BOX warning on EVERY page thereafter! Aside from that, you learned how to shop for food for a diabetic. No doubt diabetics will scramble to download it!
...per the last10-Q amounted to a whopping 653 THOUSAND dollars. Gee, where do they get their office and plant equipment and furnishings -- Dollar General?
....interim analysis?...what interim analysis?...she didn't completeany interim analysis...she couldnt have ...she would have needed DATA to analyze and so far it appears that at most seven patients received a c-pulse and FOUR of those have DIED....
....and then there's the question of all those options...she just walked from400000 or more stock options?...either she thought she wouldn't live to see the day those options would be in the money or -- uhhhhhhh...hmmmmmm, come to think of it, you might be right.
Which tells you how DESPERATE SSH to find SOMETHING that c-pulse can actually DO! So far, all they've demonstrated in the pivotal trial is that it would probably be very useful in euthanasia!
So now the "back and fill" starts with one of thr STUPIDEST ideas I ever heard of -- using the c-pulse to "massage" the pulmonary artery to see if it'll reduce pulmonary artery pressure in patients with pulmonary HTN. That HAS to be Rosa's idea! NOBODY else on this planet could come up with anything THAT dumb!
...forming around my aorta. Say what:
"Adhesion formation after open-heart surgery is a well-documented, significant complication encountered during secondary procedures. Secondary procedures account for 15% to 20% of the approximately 450,000 open-heart surgeries performed annually in the United States and the 350,000 open-heart surgeries performed annually throughout the European Union. After virtually every open-heart procedure, extensive adhesions form between the epicardial surface of the heart and the inner surface of the sternum. These adhesions make sternal re-entry and accessing the heart a time-consuming and dangerous process in secondary procedures.
Sternal re-entry and dissection of post-operative cardiac adhesions expose the patient to critical risks, such as injury to the innominate vein and aorto-coronary bypass grafts.1 A 2% to 6% incidence of major vascular injury, often including the right ventricle, right atrium, or aorta has been reported.
Removing adhesions, while essential, is a tedious and risky process that can extend the length of cardiac procedures by 60 minutes or more, entailing greater risk to the patient due to prolonged exposure to anesthesia."
So you can imagine what it means if adhesions form between the aorta and the c-pulse. Imagine having someone hacking away at dense, fibrous scar tissue around your OWN aorta in order to remove the device and/or replace it with an LVAD -- not a very pretty image, is it?
I tried to provide a link but yahoo either blocks it outright or subsequently deletes it. You'll just have to google "Upgrade Ambulatory Extra-Aortic Counterpulsation to Full-Support LVAD." It's the very first thing that pops up on my screen.
Ross Swift was the much ballyhooed "first c-pulse in Britain" last year who so tearjerkingly got to walk down his daughter down the wedding aisle last year. Well, it appears that about four months after he got c-pulse, he got an LVAD -- which by the US trial would make him a FAIL. From the letter "Upgrade Ambulatory Extra-Aortic Counterpulsation to Full-Support LVAD" written by the docs handling the c-pulse "European" trial in Britain at the Royal Brompton & Harefield NHS Foundation Trust., it says, regarding a patient, that "...four months after c-pulse implantation in a patient with underlying history of ischemic heart disease...", he was UPGRADED to an LVAD!
Best I can tell, the dates fit and Mr. Swift is the ONLY known c-pulse recipient in Britain so far.
But even MORE interesting were their complaints of PROBLEMS with "dense adhesions...between the aortic wall and the c-pulse cuff..." when they tried to remove the c-pulse and place the LVAD. Unfortunately, I can't copy and paste the quite a bit more they had to say, but they sounded quite unhappy about it. That may explain why there haven't been any more c-pulse implants in Britain. They conclude by saying that it might be a good idea to avoid patients with "borderline left ventricular function" at risk of future LVAD placement. Unfortunately, that includes pretty much ALL class 3 patients and pretty much puts SSH's entire "customer Base" at risk. Now I'm understanding Rosa's sudden interest in pulmonary hypertension!
Probably because SSH takes SO LONG to do ANYTHING! I thought Rosa was going to release soome "good news" after he got back from Europe last week -- taking his time about taht too I suppose? Then there was the alleged PR expalining why they fired Oleson -- that seems to be a bit slow about coming as well.
Yeah, what, five YEARS ago now? And how many have they sold over there? ZERO? Why? You might find my previous post about Ross Swift "upgrading" to an LVAD interesting.
"...based on the personalities of a yahoo message board??"???? Are you kidding? With Rosa's IQ, he probably bases decisions on rock, paper, scissors that he plays with HIMSELF!
...clapping for SSH! They got "approval" which was NOT required to resume enrollment for a trial that did NOT require suspension to BEGIN WITH! Not only that a trial that they suspended in order to try and get something from the FDA that NO ONE has EVER tried to get before -- a "physician patient selection committee." A committee that they did NOT need in the first place, but also a committee essentially GUARANTEED NOT to receive approval from the FDA! And WHAT is missing from to day's announcement? Why, it looks like there is NO mention of a "physician patient selection committee"! How about that!
Money wasted, shareholder equity wasted, TIME wasted -- all for NOTHING! Well, on the bright side, during the entire suspension no doubt SSH management continued to collect their fat salaries, benefits, bonuses, and perks!
It has now been FOUR MONTHS since SSH cancelled its Cowen presentation because they realized they were going to have to suspend enrollment! Should we send a card? Order a cake maybe?
Wow! Just think! Figure 120 days at about 71,000 bucks a day comes to around 8.5 MILLION bucks! 8.5 MILLION BUCKS that SSH has flushed down the toilet waiting to resume a trial that did NOT need to be suspended in the FIRST PLACE! And ONLY because SSH wanted to try and sneak past the FDA a protocol change that the trial really DIDN'T NEED!
Of course, I think they don't want to re-start the trial PERIOD because they finally realize what a totally BOGUS medical device the c-pulse REALLY is!
In any case, come on! Altogether now! How about a LONG round of REALLY SLOW clapping for the CLOWNS that run SSH!!!
I knew it! Pat myself on the back, thank you! I forgot all about HPTX after I posted about its Andromeda takeover and only stumbled over the PR from last fall about Andromeda and its "diapep" being FRAUDULENT and HPTX being taken for 570 MILLION dollars and then writing off 55 MILLION dollars!
And now Horizon shareholders get to foot the bill for a pathetic, effectively one trick pony -- I'm sure they're grateful! Bright side is, likely Horizon will dump HPTX's idiot management!
"...the five pts were lost to the study due to calcium deposits in the ascending aorta"??? Really? And where did you find that? I didn't see it in the PR. And, let's face it, Dave's response was PRACTICALLY incomprehensible. I mean, I didn't hear the word "aorta" anywhere -- did you? And unless they are recruiting 80 plus year olds, 5 out of 7 with aortic calcifications is DEFINITELY strange.
In any case, did you sense that Dave answered the analyst's question in ANY respect?
Hey! Could be! But I'm STILL trying to find some justification for beleiving that "massaging" the pulmonary artery will somehow improve pulmonary hypertension. Have YOU found anything to support that "idea"? I mean, after all, if you're a shareholder, it's YOUR equity that Dave is flushing down the toilet IF it is, in fact, a REALLY stupid idea.