Post by
johnny007 on Apr 06, 2021 7:33pm
Extreme Dissapointement in Botched Launch
Followed the Aristotle 'launch' and financials.
Aristotle: It is not really a proper launch as expected.
Expected was a launch through a capable 3rd party paying the bills
and getting all the clients (patients) for the tests.
Now what happened?
They buy a clinic for roughly 1/3 of MCAP (3/4 left),
trying to use it for a 'self launch'.
This is like when you are a failed author of your new book
nobody likes to publish and you decide to pay for the press
and distribution yourself. Probably not a very successful launch.
This not enough, financials only add up in more and more costs.
Covid testing wasn't able to produce positive results as they burn
everything through *who knows what* (they call it R&D and management).
Now what do you expect will happen to cash flow,
with the new clinic for 1/3 of mcap?
Only purchased to push Aristotle into the public:
clinic acquisition costs $15M+
clinic annual burn rate of ??? (I guess around $5M?)
Company has failed big time and even left analysts speechless
with their 'self launching'.
Company could hardly keep up with the current running costs
without this clinic and only thanks to constant stock offerings.
Last but not least: Aristotle would need proper US FDA
blessing (certification), as only that would lead to proper
reimbursements from insurers.
Same FDA certificate would also allow to roll out Aristotle
to the best and most efficient labs across the US, EU and so forth.
These lab rights they are using won't help them at all,
as it also didn't help them with the other tests.
BTW, some (of not most) of the cancer tests only show sensitivity < 90.
Even the once crooked biotech companies like PolarityTE are now walking
this FDA path (yes no test, but transplant).
Also this animal/human testing company is going the FDA route: VolitionRx.
StageZero's strategy has failed at this point.
Would have been better to invest the 15M shares in an FDA approved
Aristotle test.
They only showed one (old) conference paper: That won't cut it!
The moment I read the NR with the clinic acquisition, I sold.
Best of luck to you.
PS: Yes, I am an old genenews trader and got out alive.
Hope 200dma will hold.
In case they followup with a new offering to cover the new clinic costs
for the next 12 month, I would eye for 50c.
Comment by
Jabookie75 on Apr 06, 2021 7:40pm
Finally, someone on this board named Johnny who is lucid and can accept reality. Very nice post.
Comment by
tineta on Apr 06, 2021 7:42pm
Sell your shares, I will take all home.
Comment by
capebretongirl on Apr 06, 2021 8:12pm
I think its safe to assume that Tripp will have something out in the good news department shortly - heaven knows we could use it judging from today's share price action! Tripp knows this will be needed prior to the vote and that package is aleady in the mail. As it stands at the moment he would be hard pressed to garner a 40% following............
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Nailbiter1 on Apr 06, 2021 8:12pm
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Mykndrsn on Apr 07, 2021 9:13pm
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Comment by
johnny007 on Apr 07, 2021 9:16pm
Correct, will do. Yes, I was a bit too emotional, angry that this didn't play out. Best.
Comment by
Jabookie75 on Apr 07, 2021 9:58pm
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Jabookie75 on Apr 07, 2021 10:04pm
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vicky55 on Apr 08, 2021 7:16am
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Comment by
johnny007 on Apr 09, 2021 6:37pm
Endole's record match 'Health Clinics Limited', also the people running the remaining 'SEEK Group' having 'Care Oncology Clinic UK' in their Portfolio. Yes, that is the one. A foggy construct match in heavens.
Comment by
johnny007 on Apr 09, 2021 6:41pm
Last one, SEEK Group is spinning off their subs - their new business. So SZLS is buying 1-2 of their spin-outs (they brag about this success). Too bad SEEK Group is private, they make another good business with 23M shares perhaps for some 6 employees and GBP -808k equity (net assets). Not so great for SZLS SH IMHO.
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RelevantStock on Apr 09, 2021 6:45pm
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Lithlow on Apr 09, 2021 7:01pm
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Jabookie75 on Apr 09, 2021 7:10pm
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Mickey55 on Apr 09, 2021 6:50pm
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