StageZero Life Sciences Ltd T.SZLS

OMFUG! Am I Reading This Right??!!

[gojotv!]

The article states that "the milestone" for the contingency payment was the generation, by Care Oncology, of $4MUS over any 12-month period between Sept 2021 and Dec. 2022...

And they're already payable?! That would mean that they've already hit the 4-million mark, or are on track to hit it by the time of the vote!

The article also states that demand has been as "...anticipated amongst patients, physicians, and healthcare groups..."

That's saying a LOT, because demand was anticipated to be very high, indeed!!

(No way is this share price going to languish much longer... Upcoming financials will be a revelation!)

Cheers, and GLTA! (except our multi-alias basher, who deserves to spend eternity festering in the slime of his own making, lol)

From the article...
"The acquisition of Health Clinics was an all share deal, with 15M shares paid upon closing, and 8M shares to be paid should the acquired Health Clinics businesses achieve certain revenue performance milestones.

The milestones are the generation of US$4M in revenue from the AVRT program over any consecutive 12 month period from September 2021 to December 2022.

“The combination of CareOncology and StageZero Life Sciences has come together very quickly and we are operating as an integrated company” said James Howard-Tripp. “We are showing growth in TREAT, our program for critically ill cancer patients, and the introduction of Aristotle and AVRT are generating the interest we anticipated amongst patients, physicians and healthcare groups. It is an exciting time for us”.

[Mykndrsn]

No you're not reading it right. Try again.

[Buynholdlong]

Reading is hard. 

[molotov420]

Gojo, as usual you have demonstrated that you spew the first thing that comes to your wishful brain without any validity. Good thing I asked IR this question yesterday before posting here and again today, as I am sure many others did. IR came through with a quick response which is not unusual. So this means that they hope to make 4M in rev from AVRT only by end of 2022 or more if they want their

[Nailbiter1]

This post has been removed in accordance with Community Policy

[gojotv!]

Nailbiter gets it. The vote has been called for this year. That must mean that the terms have been met and the $4M is either earned or on track to be earned. Feel free to explain why this is not so. I don't think you can. Because it's pretty clear to me what this means, lol.

[Pacman28]

your a joke. Remember that 30 million we were on track for.

[Mykndrsn]

The vote is to determine how it will be paid (cash or stock) once the contingency is made. Not now. They have a year from September. Get it yet? 

[LithLover]

I honestly doubt they hit it in 2 months but they could be close.  As they state in the news it will be a question of if they need to issue shares or pay a royalty with a % of revenue per month up to a total of $16 million. The vote is so once it is hit they know how this would be paid. So calling for a vote in December might indicate they expect them to hit by say January or February. 

[Mykndrsn]

The real question is do you believe the sp will be $2 or more/less in the next 10 months? 

[Photoman77]

Let's start by closing the open gap at $1.25 That is the first major milestone. Then we can assess from there depending on news flow. This has been a slow trickle down month after month with lack of news but now that the ducts are all lining up, the move up can be swift when it starts. It's no coincidence that Noel Atkinson (Clarus Securities) who covers SZLS has his PT sitting at $1.25

[molotov420]

Doesn't really matter TBH. Gotta give them the shares so they have more skin in the game. The more they stand to gain from better performance the better for us shareholders. 

[LithLover]

Agree 100%.  The deal was made when the sp was over $1. With even more shares the incentive to get the share price back to $1 and higher will be huge.  They have relationships with health care companies and oncologists. They will work hard to get this back up  

[Mykndrsn]

 Nice motivation theory but it  only applies if the price remains below $2 which I'm not entirely convinced it will. 

[Pacman28]

You best take a look at the current SP.

[Buynholdlong]

Becuase that's how you analyze a stock for future growth. Genius. Better sell. 

[Liked2Think]

HAHAHAH I knew you were going to say this.