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QT appoints banker to look for buyer! Post Reply Rate topic
sheerluck Supreme	12-Nov-2015 15:18        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Mgmt keep people outside upbeat while inside people knows all the first hand problems.  Don' t know why this mgmt dont want people outside to know at first hand.  Wonder??  dingbat      ( Date: 12-Nov-2015 15:03) Posted: Really LS with no support. Kateks rolling in gains. Wonder when will stabilise.Should have factored in the liability when ruling was passed back then, why the reverberated sell-down on old news.
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dingbat Veteran	12-Nov-2015 15:03        dingbat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Really LS with no support. Kateks rolling in gains. Wonder when will stabilise.Should have factored in the liability when ruling was passed back then, why the reverberated sell-down on old news.
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RoundRound Elite	12-Nov-2015 14:53        RoundRound About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tikam Tikam can also"
x 0   x 0  Alert Admin	This QTV share price literally plunged hard. Feel sad for those vested holders who bought high and still holding to them
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ssw518 Supreme	12-Nov-2015 14:50        ssw518 About Contact  Quote this Post!
x 0   x 0  Alert Admin	BB looks tired, very likely if shortist keep attacking halleluyah      ( Date: 12-Nov-2015 14:42) Posted: See will close the gap of 0.091 boh in the coming days....
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halleluyah Supreme	12-Nov-2015 14:42        halleluyah About Contact  Quote this Post!
x 0   x 0  Alert Admin	See will close the gap of 0.091 boh in the coming days....
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andysim83 Elite	12-Nov-2015 14:26        andysim83 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	drop of 5c in 2 days...this stock also jialat
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Composure Senior	11-Nov-2015 21:40        Composure About Contact  Quote this Post!
x 0   x 0  Alert Admin	thanks for reminding. shorted small today n covered before close. wun retry in case halt. may turn long tmr since 0.128(cb convertible price) makes a psychological support.  hope they appeal successful and then m& a Sunstar      ( Date: 11-Nov-2015 19:29) Posted: buy if you think company can be sold, sell if you think company has negative value going down the road.. But short at your own risk.. Qt already announce its going thru banker to sell, if suddenly halted, good luck to shorties
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Dyna__ Senior	11-Nov-2015 21:35        Dyna__ About Contact  Quote this Post!
x 0   x 0  Alert Admin	Keep away for multi years loss making companies in bearish market for the time being. Go for those healthy profit making ones. Isn' t it obvious where to park your hard earn money? Unless you want to donate your money to mr market. Your choice.
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sheerluck Supreme	11-Nov-2015 21:26        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	QTV mgmt really lousy in managing market expectation.  When announced the lost suit case, they didn' t immediately recognised the damage and tell market they will appeal leading market to think they got chance to win.  Price tanked once at the time.  Now recognised damage is hinting to the market their chances of winning appeal is unlikely.  Price tanked again for the same problem.  If they know how to read the market, they wouldn' t be hantam by the markert twice for the same error and I thought their board got ex-market analyst who can advise them on this.  Anyway, some analysts estimated of their expected sale is way off tangent. That US$20mil is as good as gone case.  Poor sale may also send the message to potential acquirers that their products may not be as promising as they hope.  Hope the new Cordis agreement can bring more sale in.  We should see in Q4. DYDD. Sunstar      ( Date: 11-Nov-2015 19:22) Posted: It's accounting treatment. Don't think QT needs to pay the 20m yet. moron101      ( Date: 11-Nov-2015 18:40) Posted: Losses increased to 33M.. damage case still pending.. Going bankrupt soon?
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WanSiTong Supreme	11-Nov-2015 21:23        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Too conservative liao! As a prudent measure, the Company had in 3Q 2015 recognised the entire sum of US$20.4 million, being damages awarded against the 4 parties, ie  1.the Company,  2.TriReme Medical,  3.LLC, Quattro Vascular Pte. Ltd., and  4.the Company' s CEO, Dr Eitan Konstantino An accounting Journal Entry for the provision of entire sum of US$20.4 million was recorded.   This transaction does not involve an inflow or outflow of cash. " Other Expenses " and " Non-current Liabilities " were debited / credited in the Company' s books of accounts.   Sunstar      ( Date: 10-Nov-2015 00:02) Posted: "The increase in other expenses by US$21.2 million in 3Q2015 was mainly due to the recognition of the AngioScore litigation judgement expenses of US$20.4 million. As a prudent measure, the Company had in 3Q2015 recognised the entire sum of US$20.4 million, being damages awarded against the Company, TriReme Medical, LLC, Quattro Vascular Pte. Ltd., and the Company?s CEO, Dr Eitan Konstantino, following the judgement in relation to the State Law Claims in 3Q2015. The final sum to be borne by the Group in relation to the State Law Claims will be determined at the conclusion of the appeal which the Group intends to file." Note the word "prudent".. Qt is taking a conservative approach to accounting treatment. The total net loss may look astronomic, but it's a known downside all along. No more downside after this. Qt just have to continue working on fda approval and the announced banker on sale. Second tranche of the convertible bond will further shore up its cash balance. any potential buyer just have to carve aside this 20m lawsuit in its valuation. Good thing qt won the infringement case. If they further win the appeal case, this 20mln will be written back. Recent M&A transactions in US has been north of usd200m or double its current cap. Not calling a buy or sell. Just providing additional thoughts for our brothers and sisters out there instead of just looking at headline numbers. deschan      ( Date: 09-Nov-2015 17:45) Posted: The losses is due to the recognition of the Angio Score litigation judgement expenses of usd $20.4 mil.   The company as recognised entire sum being damages awarded against the CoMpany, TriReme Medica , LLC, Quattro Vascular Pte Ltd and the CEO.   Anyway the Company is trying to appeal against the judgement of State law Claims in 3Q2015.   If the Company appeals succesfully, then they can recognise other income. Good that all negative news are flush out.
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Sunstar Senior	11-Nov-2015 19:29        Sunstar About Contact  Quote this Post!
x 1   x 0  Alert Admin	buy if you think company can be sold, sell if you think company has negative value going down the road.. But short at your own risk.. Qt already announce its going thru banker to sell, if suddenly halted, good luck to shorties
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Sunstar Senior	11-Nov-2015 19:22        Sunstar About Contact  Quote this Post!
x 0   x 0  Alert Admin	It's accounting treatment. Don't think QT needs to pay the 20m yet. moron101      ( Date: 11-Nov-2015 18:40) Posted: Losses increased to 33M.. damage case still pending.. Going bankrupt soon?
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moron101 Supreme	11-Nov-2015 18:40        moron101 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Losses increased to 33M.. damage case still pending.. Going bankrupt soon?
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WanSiTong Supreme	11-Nov-2015 17:09        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	MEDIA RELEASE on 24 July 2015  QT VASCULAR OBTAINS FUNDING TO BOOST GROWTH THROUGH ISSUANCE OF UP TO US $ 13.14 MILLION CONVERTIBLE BONDS  Highlights:    Proceeds will mainly be used to strengthen working capital and position QT Vascular for the next growth trajectory    The convertible bonds will have an 18-month maturity period and will be subscribed by various investors    Reinforces the potential of and confidence in QT Vascular' s Chocolate® platform  SINGAPORE, 24 July 2015 - QT Vascular Ltd., together with its subsidiaries (" QT Vascular" or the " Group" ), a global company engaged in the design, assembly and distribution of advanced therapeutic solutions for the minimally invasive treatment of vascular disease , has entered into an agreement with a group of investors (the " Investors" ) for up to US $ 13.14 million convertible bond investment. This funding will strengthen the Group' s working capital which would help boost its growth to the next milestone.  Dr. Eitan Konstantino, Ph.D., Chief Executive Officer of QT Vascular said, " We are very pleased to receive this stamp of confidence from the Investors. Securing this funding would not only allow us to grow the business further but also to achieve greater value for our shareholders. Their investment in us reflects the confidence the Investors have in our products and our prospects. "   The convertible bond investment will have an 18-month maturity period and can be converted into ordinary shares at S $ 0.128 per share. The conversion price of S $ 0.128 per share represents a 7.56% premium over QT Vascular' s weighted average price for trades done on the SGX -ST on 24 July 2015 of S $ 0.119. The bonds can be converted at any time at the sole discretion of the Investors. This also indicates the level of confidence the Investors have in QT Vascular' s Chocolate® platform.
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wishbone Master	11-Nov-2015 16:49        wishbone About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, then it is more attractive below 10c. It was once @ 6.6c just few months back. edwinjup      ( Date: 11-Nov-2015 16:11) Posted: Then we can see qt below 10c soon halleluyah      ( Date: 11-Nov-2015 16:06) Posted: Right issues lor...
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WanSiTong Supreme	11-Nov-2015 16:27        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	3.1. Tranches  The Bonds will be issued at 100.0% of the principal amount in three (3) tranches as follows:  (A) the first tranche of US $ 5.475 million falling within three (3) business days from the date on which the first tranche conditions precedent stated in Section 3.3 below are satisfied  (B) the second tranche of US $ 5.475 million falling within three (3) business days from the date on which the second tranche condition precedents also stated in Section 3.3 are satisfied (provided that the second tranche shall not apply in the event completion of the first tranche does not take place) and  (C) at the sole option of each of the Investors, the third tranche of US $ 2.19 million falling within three (3) business days from the date of written notice by the Investors to the Company to subscribe for the same, provided that such notice shall be given no later than three (3) calendar months from the date of completion of the second tranche.
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edwinjup Supreme	11-Nov-2015 16:11        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Then we can see qt below 10c soon halleluyah      ( Date: 11-Nov-2015 16:06) Posted: Right issues lor... edwinjup      ( Date: 11-Nov-2015 13:02) Posted: The problem is qt left 4m cash only...won' t able to tong
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halleluyah Supreme	11-Nov-2015 16:06        halleluyah About Contact  Quote this Post!
x 0   x 0  Alert Admin	Right issues lor... edwinjup      ( Date: 11-Nov-2015 13:02) Posted: The problem is qt left 4m cash only...won' t able to tong  wishbone      ( Date: 11-Nov-2015 12:58) Posted: Phamecutical product will take at least a few years to get back their return IF, only if they are successful. If anyone is to invest in QT, it must have the stamina to hold for lomg term to make good money. If a white knight comes along the way, it may become instant gain. Haha!!
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edwinjup Supreme	11-Nov-2015 13:02        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	The problem is qt left 4m cash only...won' t able to tong  wishbone      ( Date: 11-Nov-2015 12:58) Posted: Phamecutical product will take at least a few years to get back their return IF, only if they are successful. If anyone is to invest in QT, it must have the stamina to hold for lomg term to make good money. If a white knight comes along the way, it may become instant gain. Haha!! edwinjup      ( Date: 11-Nov-2015 12:53) Posted: qt spend over 10m to do just $2m business.....where the money go???
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wishbone Master	11-Nov-2015 12:58        wishbone About Contact  Quote this Post!
x 0   x 0  Alert Admin	Phamecutical product will take at least a few years to get back their return IF, only if they are successful. If anyone is to invest in QT, it must have the stamina to hold for lomg term to make good money. If a white knight comes along the way, it may become instant gain. Haha!! edwinjup      ( Date: 11-Nov-2015 12:53) Posted: qt spend over 10m to do just $2m business.....where the money go???
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