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Message

re: SNDD - new tech syringe disposal

Posted on 2/9/21 at 2:41 pm to
Posted by LSUlefty
Youngsville, LA
Member since Dec 2007
28289 posts
Posted on 2/9/21 at 2:41 pm to
In for 20k
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
29008 posts
Posted on 2/9/21 at 2:43 pm to
I'm in now its over a penny! 50k shares
Posted by tigerfoot
Alexandria
Member since Sep 2006
60729 posts
Posted on 2/9/21 at 2:44 pm to
quote:

Looks like they are trying to sell them to patients too


No fixed income diabetic will be buying a 400 dollar machine. And it doesnt accomodate IM needles and the like.

Also, no Dr office or hospital will be putting them in every room. They can place 1000s of needles in a sharps container, then a few of those in a box to be picked up and treated via autoclave for like 30 bucks.

I just dont see the practical application of this device, in its current form. When it jams, or breaks, who fixes it? I promise you it will be a very expensive paper weight in a matter of days in most medical environments.
This post was edited on 2/9/21 at 2:46 pm
Posted by bass
Member since Oct 2016
4720 posts
Posted on 2/9/21 at 2:45 pm to
In for 40k
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
29008 posts
Posted on 2/9/21 at 2:46 pm to
The guy needs to fly to china and get them to manufacture this product for $3 dollars a unit and then profit.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58309 posts
Posted on 2/9/21 at 2:46 pm to
quote:

No fixed income diabetic will be buying a 400 dollar machine.
what if insurance approves it?
quote:

Also, no Dr office or hospital will be putting them in every room. They can place 1000s of needles in a sharps container, then a few of those in a box to be picked up and treated via autoclave for like 30 bucks.
the tvs came out it was unheard of to have 2 TVs. Remember Back To The Future?
Posted by tigerfoot
Alexandria
Member since Sep 2006
60729 posts
Posted on 2/9/21 at 2:47 pm to
quote:

The guy needs to fly to china and get them to manufacture this product for $3 dollars a unit and then profit.


They still dont want their staff manipulating a dirty needle at all....any needle stick using this thing would be big arse money.
Posted by LSUbrou
Lake Charles
Member since Feb 2009
30 posts
Posted on 2/9/21 at 2:47 pm to
of note it is based in Lafayette and sales up 1000% over 12 months
Posted by tigerfoot
Alexandria
Member since Sep 2006
60729 posts
Posted on 2/9/21 at 2:49 pm to
quote:

what if insurance approves it?
Why would insurance approve it? They throw the damn things in the trash now, and if they dont they have many many mail back options, and free community options in most places.

quote:

the tvs came out it was unheard of to have 2 TVs. Remember Back To The Future?


They have offered true incinerators that are approved for medical office use for over a decade, they are cheap, they are easy to use. Stericyle still bills BILLIONS a year and you cant find one of those things anywhere.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
29008 posts
Posted on 2/9/21 at 2:51 pm to
quote:

of note it is based in Lafayette and sales up 1000% over 12 months


How many units did they sell year over year? 10 in 2020 versus 1 in 2019?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/9/21 at 2:52 pm to
My watch list is stupid at this point
Posted by LSUlefty
Youngsville, LA
Member since Dec 2007
28289 posts
Posted on 2/9/21 at 2:53 pm to
Mine too. Lol
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
29008 posts
Posted on 2/9/21 at 2:53 pm to
quote:

My watch list is stupid at this point


This is definitely an OT pick where you put down your $3.50 and gather up those 350 shares for long term retirement planning.
Posted by MrJimBeam
Member since Apr 2009
12964 posts
Posted on 2/9/21 at 2:54 pm to
quote:

My watch list is stupid at this point


Posted by misterc
St. George
Member since Sep 2014
740 posts
Posted on 2/9/21 at 2:54 pm to
They have 12mm in orders for this year, did 2mm last year per their press release 4 days ago. market cap is 12mm. this thing could run, frick all your logic, they are selling these things or lying

Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 2/9/21 at 2:55 pm to
quote:

No fixed income diabetic will be buying a 400 dollar machine. And it doesnt accomodate IM needles and the like. Also, no Dr office or hospital will be putting them in every room. They can place 1000s of needles in a sharps container, then a few of those in a box to be picked up and treated via autoclave for like 30 bucks. I just dont see the practical application of this device, in its current form. When it jams, or breaks, who fixes it? I promise you it will be a very expensive paper weight in a matter of days in most medical environments.


Couldn’t agree more. I’m not personally investing. Funny to see the tigerdroppings pump though.
Posted by SaDaTayMoses
Member since Oct 2005
4545 posts
Posted on 2/9/21 at 2:55 pm to
well i just purchased 78k shares so lets see.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58309 posts
Posted on 2/9/21 at 2:57 pm to
quote:

Why would insurance approve it?
why not? they approve lost of other devices.
quote:

They throw the damn things in the trash now,
which should not be done.
quote:

f they dont they have many many mail back options
maybe a device like this could cut losts os shipping costs.
quote:

and free community options in most places.
so you think the people you are referring to who just throw them in the trash will drop them off to a free community option?


Im not saying you are way off, but this 400$ device couls soon be a 40 dollar device that could be used in every home that needs one. like diabetic blood test machines that people carry in their pockets, etc.




but hell im just here for it to 2x or 3x then im out... i will have made my money.
Posted by castorinho
13623 posts
Member since Nov 2010
86581 posts
Posted on 2/9/21 at 2:58 pm to
quote:

My watch list is stupid at this point

Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 2/9/21 at 2:58 pm to
Tenderfoot about to sell his 10 million shares and profit off that pump y’all just did lol
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