on the 7-11 website thirsty/from the fridge/softdrinks - their 7-11 Select brands (from Jones - 5 of them) are listed before coke, pepsi, dr pepper and sunkist
I reentered today. johns comments make sense. the lack of a forbearance related action within the past week is also positive. plus Americanbulls may be on verge of buy signal - they have recently been on the money with Hero,
thanks so much for sharing. recognize that a price reduction has immediate impact on cash flow but not gaap eps as rig is capitalized rather than expensed.
On May 2, 2016, Stereotaxis, Inc. (the “Company”) received a determination letter from the Nasdaq Hearings Panel (the “Panel”) granting the Company’s request for the continued listing of its common stock on The Nasdaq Capital Market (“Nasdaq”). The Company’s continued listing on Nasdaq is subject to, among other things, the Company evidencing compliance with the minimum $35 million market value of listed securities requirement (the “Market Cap Requirement”) by August 1, 2016. To satisfy the Market Cap Requirement, the Company must evidence a market value of listed securities of at least $35 million for a minimum of ten consecutive business days on or before August 1, 2016. The Company is taking definitive steps to timely comply with the terms of the Panel’s decision; however, there can be no assurance that it will be able to do so
Dr Phillip Frost. If he ever shows direct interest in STXS (via Frost Gamma Investments), we can all smile.
that firm is Ladenburg Thalmann. Guess who its chairman is?
Would like to see LTS chairman establish personal stake, He knows how to get things done and would not tolerate mediocre leadership.
We need new executive team and non-rubber stamp BoD that is engaged with customers and can unlock the value of STXS first in class technology. Mediocrity is not an option.
The forbearance/default issue is a black swan game changer. A Q4 or even a Q1 investor assumed that Highlander funding was in the bank and that the remaining debt was a cash cushion until price of oil turned around. Suddenly this has changed.
agree that they need to innovate. lemoncocco is a start. my take is that they are limited by resources not ideas. if 7-11 takes off, it can be the cash cow that provides the resources to innovate star products
Huge increase in debt of which $388 M ($276M debt and $112M from IPO) was used to pay preferred holders. So original pre-IPO holders pocket $388M and current shareholders are left with high debt burden.
Were it not for the debt burden, the company would look like a good investment imho.
Its obvious that lender wants out. But if HERO has satisfied terms of lending agreement (eg certificate delivery) and if lender is still delaying funds which has material impact on HERO, then we may be dealing with racketeering, punishable by treble damages and jail time. My humble opinion only. Not legal advice.