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Stanton Veteran	20-Mar-2018 14:42        Stanton About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maker of coronary products QT Vascular may have sold its Chocolate PTA balloon catheter to Medtronic, a global leader in medical technology, services, and solutions, but its chief executive officer Eitan Konstantino said that is not the Catalist company?s ?biggest asset?. The Catalist company closed the US$28 million (S$36.9 million) deal with Medtronic in January 2018 after taking an option on the device last year. Dr Konstantino says the non-drug coated peripheral product is called Chocolate because the balloon, a few millimetre in diameter, ?has pillows and grooves that look like a bar of chocolate?. With the sale of its Chocolate PTA balloon catheter, QT Vascular says that it will continue to develop and market its other products including a drug-coated version of Chocolate PTA (Chocolate Touch), which has received Investigational Device Exemption approval from the US Food and Drug Administration. Dr Konstantino says: ?The asset that was sold is not our largest asset, not even close to it. It is an amount that is equal, if not close to our market cap. What this means is that we have other products that are more valuable.? He explains that the company has a strong pipeline and different technologies that it is looking at to expand its portfolio. QT Vascular, a Singapore-based company, is engaged in the design, assembly and distribution of therapeutic solutions for the minimally invasive treatment of complex vascular diseases. The company was incorporated in 2005 and listed on the Singapore Exchange in 2014. Last November, its settlement of the long-standing dispute with angioplasty firm AngioScore Inc also helped drive share prices up. Shares then rose 5.88 per cent, or one tick, higher to S$0.018 and about 27.1 million shares changed hands. Its confidential settlement agreement with AngioScore aims to "fully and finally resolve all past, present or future disputes" concerning litigated matters between both parties, resolving a long-running dispute, and the uncertainties surrounding the case for QT Vascular. With a clean balance sheet, the firm aims to continue generating value for shareholders from its mature products while further developing its drug-coated products and expanding its portfolio with new technologies. It announced last month that it is ?potentially selling its coronary products to a multinational firm?, saying that the term sheet both have entered into is ?non-legally binding and non-definitive?, and it will continue to engage the buyer with the intention to complete the deal. ?We are excited and continue to negotiate and I hope to cross the finish line and to add other bountiful deals for our shareholders,? Dr Konstantino says. ?It?s all about the patients. I?m here for the patients. I?m here to develop better therapies and help reshape the future,? he adds. QT Vascular's share price was S$0.016 at the time this article was posted.
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willylo Member	17-Mar-2018 11:18        willylo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Penny stk 4get it, Singapore no future 4 them
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Poohbull Master	15-Mar-2018 02:16        Poohbull About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.petitions24.com/signatures/singapore_investor_left_unprotected_from_untruthful__fraudulent_listed_company/start/50 please sign the petition to stop all these Crooked management sheerluck      ( Date: 14-Mar-2018 23:50) Posted: Finally the news came.  QTV issued 55.5millions shares, raising $830k as mentioned.  So far for the extended 178mil shares, QTV has used up 110mil leaving 67mil to be issued.  Most likely, the agreement with GEM will be further extended. sheerluck      ( Date: 08-Mar-2018 23:11) Posted: Some data and info for you to digest. -  QTV used to spent around US$20mil in cash from operation per year up till 2016.  They realised they have been too generous with themselves so last FY, this dropped by half but is still a whoooping US$10mil per year. - loan due within a year amounted to US$10mil. - trade payable due within a year amounted to US$19mil. So within this current FY2018, they need US$40mil.  So now they got US$28mil.  GEM can help to top up the rest. Their product sale is frankly speaking of not growth potential at all.  It is pretty flat yoy so is of no help at all. The next GEM issuance should raise about S$830k.  By then they would have used up a big chunk of the second 178 million shares.  Another extension is very possible. You should probably atend the AGM and ask them why other forms of financing didnt work out
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sheerluck Supreme	14-Mar-2018 23:50        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	Finally the news came.  QTV issued 55.5millions shares, raising $830k as mentioned.  So far for the extended 178mil shares, QTV has used up 110mil leaving 67mil to be issued.  Most likely, the agreement with GEM will be further extended. sheerluck      ( Date: 08-Mar-2018 23:11) Posted: Some data and info for you to digest. -  QTV used to spent around US$20mil in cash from operation per year up till 2016.  They realised they have been too generous with themselves so last FY, this dropped by half but is still a whoooping US$10mil per year. - loan due within a year amounted to US$10mil. - trade payable due within a year amounted to US$19mil. So within this current FY2018, they need US$40mil.  So now they got US$28mil.  GEM can help to top up the rest. Their product sale is frankly speaking of not growth potential at all.  It is pretty flat yoy so is of no help at all. The next GEM issuance should raise about S$830k.  By then they would have used up a big chunk of the second 178 million shares.  Another extension is very possible. You should probably atend the AGM and ask them why other forms of financing didnt work out? Maller      ( Date: 08-Mar-2018 21:30) Posted: I am still hoping that the agreement with gems could be terminated as now they have the 28 million us and don&rsquo t need to issue shares for working capital. Noted that they have not issued shares   to gems for quite sometime. If really terminates the share issuance agreement, this one will cheong to the sky..dyodd
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Maller Elite	12-Mar-2018 13:08        Maller About Contact  Quote this Post!
x 0   x 0  Alert Admin	More buying up at 17..
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Maller Elite	12-Mar-2018 09:44        Maller About Contact  Quote this Post!
x 0   x 0  Alert Admin	Watch it..
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Maller Elite	11-Mar-2018 10:28        Maller About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think the co has proven the its assets is very valuable. There are more asset sale if i am a medical co, I might be interested to acquire QT Vascula. I buy and still keeping for its potential. DYODD
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Maller Elite	09-Mar-2018 14:13        Maller About Contact  Quote this Post!
x 0   x 0  Alert Admin	If can go past 17 today. This one can reach 19?
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Maller Elite	09-Mar-2018 12:15        Maller About Contact  Quote this Post!
x 0   x 0  Alert Admin	Time to renounce? First asset sale is already 1.9 cents NAV?
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sheerluck Supreme	09-Mar-2018 09:11        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	Cash from operations implicitly included revenue.  Trade receivable only US$1.7mil.  Too low to be bother with it in the bigger scale of things. Maller      ( Date: 09-Mar-2018 00:13) Posted: U did not include their revenue and receivables... sheerluck      ( Date: 08-Mar-2018 23:11) Posted: Some data and info for you to digest. -  QTV used to spent around US$20mil in cash from operation per year up till 2016.  They realised they have been too generous with themselves so last FY, this dropped by half but is still a whoooping US$10mil per year. - loan due within a year amounted to US$10mil. - trade payable due within a year amounted to US$19mil. So within this current FY2018, they need US$40mil.  So now they got US$28mil.  GEM can help to top up the rest. Their product sale is frankly speaking of not growth potential at all.  It is pretty flat yoy so is of no help at all. The next GEM issuance should raise about S$830k.  By then they would have used up a big chunk of the second 178 million shares.  Another extension is very possible. You should probably atend the AGM and ask them why other forms of financing didnt work out
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Maller Elite	09-Mar-2018 00:13        Maller About Contact  Quote this Post!
x 0   x 0  Alert Admin	U did not include their revenue and receivables... sheerluck      ( Date: 08-Mar-2018 23:11) Posted: Some data and info for you to digest. -  QTV used to spent around US$20mil in cash from operation per year up till 2016.  They realised they have been too generous with themselves so last FY, this dropped by half but is still a whoooping US$10mil per year. - loan due within a year amounted to US$10mil. - trade payable due within a year amounted to US$19mil. So within this current FY2018, they need US$40mil.  So now they got US$28mil.  GEM can help to top up the rest. Their product sale is frankly speaking of not growth potential at all.  It is pretty flat yoy so is of no help at all. The next GEM issuance should raise about S$830k.  By then they would have used up a big chunk of the second 178 million shares.  Another extension is very possible. You should probably atend the AGM and ask them why other forms of financing didnt work out? Maller      ( Date: 08-Mar-2018 21:30) Posted: I am still hoping that the agreement with gems could be terminated as now they have the 28 million us and don&rsquo t need to issue shares for working capital. Noted that they have not issued shares   to gems for quite sometime. If really terminates the share issuance agreement, this one will cheong to the sky..dyodd
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sheerluck Supreme	08-Mar-2018 23:11        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	Some data and info for you to digest. -  QTV used to spent around US$20mil in cash from operation per year up till 2016.  They realised they have been too generous with themselves so last FY, this dropped by half but is still a whoooping US$10mil per year. - loan due within a year amounted to US$10mil. - trade payable due within a year amounted to US$19mil. So within this current FY2018, they need US$40mil.  So now they got US$28mil.  GEM can help to top up the rest. Their product sale is frankly speaking of not growth potential at all.  It is pretty flat yoy so is of no help at all. The next GEM issuance should raise about S$830k.  By then they would have used up a big chunk of the second 178 million shares.  Another extension is very possible. You should probably atend the AGM and ask them why other forms of financing didnt work out? Maller      ( Date: 08-Mar-2018 21:30) Posted: I am still hoping that the agreement with gems could be terminated as now they have the 28 million us and don&rsquo t need to issue shares for working capital. Noted that they have not issued shares   to gems for quite sometime. If really terminates the share issuance agreement, this one will cheong to the sky..dyodd
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Maller Elite	08-Mar-2018 21:30        Maller About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am still hoping that the agreement with gems could be terminated as now they have the 28 million us and don&rsquo t need to issue shares for working capital. Noted that they have not issued shares   to gems for quite sometime. If really terminates the share issuance agreement, this one will cheong to the sky..dyodd
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sheerluck Supreme	08-Mar-2018 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	Likely sequence of events: - Issuance of more shares to GEM for cash to pay top mgmt BIG FAT bonus in the name of working capital before receival of sale proceed. - Q1 should show that US$28 mil cash inflow but a big chuck will be gone for laons and trade payables. - Further issuance of shares to GEM for more " working capital" since cash from ops cannot cover all e xpenses.  Quarterly cash expenses estimated at about US$2.5mil. - Another amendment to the GEM agreement to increase shares inssuance by another 200millions since still not enough cash to last till the next asset sale. - A few more rounds of  issuance of shares to GEM for more " working capital" -  Finally the next assets sale comes. - Then huge cash inflow but mostly ended up gone again In the mean time, price yoyo.
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Maller Elite	08-Mar-2018 18:26        Maller About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why dropped so much? Potential asset sales, acquisition and approval of new products...dyodd
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Ramster Master	08-Mar-2018 13:55        Ramster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Waiting for announcements of sales of more product lines
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sheerluck Supreme	08-Mar-2018 12:54        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	Waiting for aanouncement of shares issuance to GEM.
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Maller Elite	08-Mar-2018 12:04        Maller About Contact  Quote this Post!
x 0   x 0  Alert Admin	1 st quarter result shd be better with the sale. Good time to collect? Dyodd
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SmallSmall Supreme	05-Mar-2018 16:38        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rebounding !
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Ramster Master	05-Mar-2018 11:12        Ramster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Since their FY report last week it dropped very drastically from about .02c to .014c hope the company announce some good news this week on further sales of their products
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