TS03 Inc Trust Units TSTIF

RE:RE:RE:Study Confirms 71% Scopes Contaminated: Need Sterilization!!

[dant2]

I fully appreciate your point which is why I was asking if anyone had attended recent WG83 meeting to see if any changes to ST91 were forthcoming. To my knowledge ST91 was last updated Aug 14, 2015.

Everyone seems to think a regulatory change is both needed and coming, and if not mandated then at least a gradual shift in practice. RR hinted to this shift in practice during the Q4 call.  The problem for investors is .. how long will this take if there is no regulatory mandate?

DrWong has suggested some pretty lofty valuation potentials for TOS but these are only possible if TOS attains certain adoption and growth rates which clearly are not visable today.

Personally I think the macro call on TOS succeeding is good but what will happen to the stock price while we wait for this anticipated adoption to take place?  Distasteful as it may be Sprucepoint high lighted the lack of transparancy on installs - as did others - and they called it right. Interestingly it has not been short sellers who have driven the price down lately. The majority of shorts covered before this recent price decline and as of 3 days ago short interest was just 870K shares. Perhaps it was largely Sprott and Ninepoint?

But with Q1 revenue likely to be only ~500K with no TOS shipments, while Q2 revenues being fully dependant on how many VP4's TOS is able to book and ship to June 30th. It seems unless there is a large pent up demand for VP4's awaiting a favorable 510K outcome on the duo's next month, then we are likely to take a very large hit to TOS' cash reserves, and H2 will be dependant on a renewed Getinge agreement with further negative cash implications - IMO.

Note too that management has known about Getinges failure to deliver for a very long while, hence it is quite sobering to see that only 9 -12 units were quoted to customers during Q1.  I say 9 - 12 because we continue to hear double speak from management on quotes and installs. Management has cited over and again that they are intimately involved in Getinges sales and installation efforts so they definately know whats going on in the field, and we in turn have learned that uncertainty, half truths and non answers equate to bad news and a lower stock price.
  
I can only surmise that many investors have simply lost confidence in management and their ability to navigate a non dilutive commmercial restart? GLTA the next few months will be interesting!