RE:The Talk of the Town It wouldn't be a Monday morning without some pom-poms, cartwheels and speculation from the Wong-n-Cash duo!! The only people talking around town are you two clowns.
Gents, there are still 211~ VP4 units in stock between Getinge's warehouse in Norfolk and TSO3's dusty warehouse in Myrtle. Regurgitate all the investment buzzwords you desire, but you still cannot circumvent the law of supply and demand. There's no demand -- it's vividly obvious. They have had FDA approval for 2 years.
Even if there was demand; and every hospital was mandated today to offer a LTS solution, we still have enough dusty inventory for a fiscal year or two of sales. Then you need to install the VP4's -- TOS has the bandwidth to install and support about 2-3 additional VP4's monthly. The VP4 is not fast to sell, ship, install prerequisite infrastructure (permits, electrical, O2, facility inspections), installation of unit, testing and validation of unit, training of staff. It's a 60 day cycle at best per unit.
There is not enough money in the bank for TOS to sustain even if they got a PO for 100 units today. It would take them 24 months to install 100 units.
Any current users you both continually reference are not "real users". Ask MUSC, UofRochester and Lehigh Valley Health Network how much they paid for the unit. Of course they love it -- they paid zero dollars for the units and get discounts on consummables for smiling and talking nice. Oh and not to mention the non-disclosure they all signed forcing them to do so.
RR doesn't have the "upper hand" - he has NO hand. He is holding rags of different suits and bluffing his way through this hand of poker that he will lose. Someone or something will call him on his bluff hand very soon. It could be the banks or investors or the general market. Or maybe a cheap acquisition for $1.23/share for IP and inventory.
Any acquirer doing DD on TOS will quickly see they can pick this up on the cheap. It's a Canadian public company since 2001 (17 years) with a long history of no sales, no consistent Exec leadership (the unfortunate exception being RR), --- all with very insignificant results from TOS. It's a horribly misguided company.
But on the bright side, I see they spent a lot of our money making a new website! That should generate tons of sales.
Dr.Cash wrote: Rumers are now circulating though out the industry, speculating on what TSO3 is going to do know that they have the real world data showing that the VP4 is the answer to low cost high volume, low temperature sterilization. From what I hear RR has the upper hand and is playing his cards very carefully it appears that there are more companies out there other then Getinge looking at the VP4 and are anxious to see where RR will play his first card. I am not sure what RR is up to but it can't be very far down the road until TSO3 is the TALK OF THE TOWN!