| Latest Forum Topics / QT Vascular |
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QT appoints banker to look for buyer!
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vivivava
Veteran |
11-Feb-2016 09:15
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Its the legal case update
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sheerluck
Supreme |
10-Feb-2016 13:36
Yells: "Work for your money first then let your money work for you" |
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Last year Q4 came out in late Feb so if they followed last year, then the halt should be only for the court news.  So price might spike up and drop then slowly decline or maybe just linger ard 95cts range.....until the new piece of news.
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tipusultan
Member |
10-Feb-2016 13:26
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You are right!! Do not tell me they are halted because they would like to release the results together with the news, as at least it would support the counter.
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sheerluck
Supreme |
10-Feb-2016 13:12
Yells: "Work for your money first then let your money work for you" |
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FDA for their DCB will be quite some time from now while M& A can be anytime or none.  But as I said by the time you hear any ruimour of M& A, price would have moved. For near-term, it price should be governed by the court news and its coming Q4 results.  The court news should have a positive effect while I expect the reults will have a negative effect.  Which one will prevail hard to said. However, after this time, I still expect price to be downward trending because once market absorb these news, there is nothing to move the price and the lingering cashflow problem will take the throne. DYDD.  
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tipusultan
Member |
10-Feb-2016 12:58
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Agree with you but this counter only would moving in big way if either FDA approval or M& A.
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sheerluck
Supreme |
10-Feb-2016 11:39
Yells: "Work for your money first then let your money work for you" |
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Bro, do not underestimate this.  The fact is the appeal court judged that the district court did not consider the case properly so there come a fighting chance again.  I don' t think this will bring QTV share price back to when it was before the lost case price but at least a short-term boost to its beaten share price is very likely. Now the probelm is still about cash.  This coming quarter resutls will not be nice and now dun much more they have to contiune to spend on the case given that its ops is still burning cash. No point speculating on the buyer thing.  We wouldnt know.  By the time we heard any rumour, price would have already moved. If the district court reversed their verdict, then I can close the bankrupt thread as well.....hahahha! Anyway not a call to buy/sell.  DYDD..
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tipusultan
Member |
10-Feb-2016 09:39
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I hope so then we can see some good money.
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vivivava
Veteran |
10-Feb-2016 09:15
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maybe they found a buyer through the investment banker they engaged?
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Sunstar
Senior |
10-Feb-2016 09:10
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Still, rather this news than Supreme Court reject their appeal.. Think qt make sure they follow Sgx ruling. Cos announcement is made in US so they have to follow over here.
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tipusultan
Member |
10-Feb-2016 08:57
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Bro! The problem is this court decision is positive but in no way end of the story as Supreme Court has send back the case to lower court to re-examin that expect of the agreement, by doing so court expressed its inclination that QT (TriReme) might have better ground in the case but trial court still have to take independent view. This news only might not be warranted a trading halt, I suspect there is something else also cooking up. i hope all is well.
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Sunstar
Senior |
10-Feb-2016 08:40
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Think this is considered material news bah.. It's positive no matter what. Qt kenna so chwee because of the legal case, so any positive announcement should help it recover. | ||||
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WanSiTong
Supreme |
10-Feb-2016 08:36
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Emm......conversion price of S $ 0.128. Last done : 0.095 ISSUE OF 8% CONVERTIBLE BONDS DUE IN 2017/2018 IN THE AGGREGATE PRINCIPAL AMOUNT OF UP TO US $ 13.14 MILLION - ISSUE OF 3,773,438 CONVERSION SHARES 1 February 2016 The Board of Directors (the " Board" ) of QT Vascular Ltd. (the " Company" ) wishes to announce that Kenneth B. Landis has exercised his rights to convert 70 Bonds in registered denominations of US $ 5,000 and with an aggregate principal value of US $ 350,000, in respect of the first tranche ( " Tranche 1 Bonds" ) and second tranche ( " Tranche 2 Bonds" ) of the Bonds. Accordingly, 3,773,438 new ordinary shares in the Company ( " Conversion Shares" ) has been allotted and issued to Kenneth B. Landis on 1 February 2016 at a fixed conversion price of S $ 0.128.   |
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tipusultan
Member |
10-Feb-2016 08:18
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Halted.. But why???? The news of court victory is nit really earth shattering warranted halt..
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Sunstar
Senior |
09-Feb-2016 22:40
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Thank you http://www.massdevice.com/appeals-court-reverses-20m-trireme-medical-loss-to-angioscore/ |
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sheerluck
Supreme |
28-Jan-2016 13:49
Yells: "Work for your money first then let your money work for you" |
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Indeed.  DCB is also in direct competition with stent.  One more stent one more competitors for market share.  Not talking any share down but am talking up risk awareness.   
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vivivava
Veteran |
28-Jan-2016 13:40
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quite obvious which side of the trade you are on sheerluck. my purpose is not to talk down the stock but to serve as a platform for pple who are in the know to share why DCB is still better than Stent (bioabsorble) and to let' s be aware that there are not only 3/4 pharma who already has FDA approved for DCB but there are still competition for stent
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sheerluck
Supreme |
28-Jan-2016 12:31
Yells: "Work for your money first then let your money work for you" |
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How to know?  These people do things like black box.  Dun know whether he laugh or cry. Can afford to lose so much money in REX, why not throw more into QTV.  What is another $37mil? Sub sub sauy lah.  QTV can help to spend it all in one year.  Rate of cash drain comparable with REX.
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sheerluck
Supreme |
28-Jan-2016 12:17
Yells: "Work for your money first then let your money work for you" |
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Bioabsorable stents?  Siao liao.  DCB new address is inside the rubbish bin?
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vivivava
Veteran |
28-Jan-2016 12:04
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Abbott BTK trial result for  bioabsorbable stents above.   Competition for DCB? |
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jwong016
Senior |
28-Jan-2016 01:52
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how u know he never short? maybe his shorts bigger than his longs. then he laughing at all the suckers who bought high still holding and following him lol.
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