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TOPIC: Small mistake?

Small mistake? 03 Feb 2019 16:34 #12588

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There are quite a few things in the S-1 filing that represent food for thought.

A relative simple one is the following note on UN-registered shares still OS relating to Astellas and Green Hospital Supplies i.e. which means both are still shareholders.

We have granted demand registration rights for the resale of certain shares of our common stock to each of Astellas Pharma Inc. and Green Hospital Supply, Inc. pursuant to common stock purchase agreements previously entered into with each of these stockholders. An aggregate of approximately 300,000 shares of our common stock are subject to these demand registration rights. If we receive a written request from any of these stockholders to file a registration statement under the Securities Act of 1933, as amended, or the Securities Act, covering its shares of unregistered common stock, we are required to use reasonable efforts to prepare and file with the SEC within 30 business days of such request a registration statement covering the resale of the shares for an offering to be made on a continuous basis pursuant to Rule 415 under the Securities Act.

Now I know that in 2010 Astellas got 1.43 Mio shares at 7$ (10 Mio$) and Green Hospital supplies 2.0 Mio shares for 12 Mio$ (6$pshare) in 2008. That adds up to 3.43 Mio UNREGISTERED shares .The stated amount- i.e. 300.000 shares times 150 (impact of 2 reverse splits) is 45 Mio shares though.

Small calculation error or did Astellas had a higher stake maybe at a later point in time? Interesting question. :whistle:

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Small mistake? 03 Feb 2019 19:36 #12590

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***The stated amount- i.e. 300.000 shares times 150 (impact of 2 reverse splits) is 45 Mio shares though.***
I haven't read that far in the filing but in your example of current 300K shares and account for the R/S splits I get 15 million shares.

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Small mistake? 04 Feb 2019 10:46 #12591

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Your math was better in the other "new quick math" post :winky:

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Small mistake? 04 Feb 2019 11:30 #12592

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fas wrote: Your math was better in the other "new quick math" post :winky:

/

I look forward to HF's spin as to how he got his number w/o being wrong - LOL

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Small mistake? 04 Feb 2019 14:43 #12593

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Rodney- it is clear that Hedge made a slight mistake too, but that is totally irrelevant- everybody makes mistakes- me too.

More important though is what is stated in the next updated S-1, of which there will be a few versions until the final one is published. There is it, where the truth will be most likely revealed, since surely Cytori checks this board too.

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Small mistake? 04 Feb 2019 15:15 #12594

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fas wrote: Rodney- it is clear that Hedge made a slight mistake too, but that is totally irrelevant- everybody makes mistakes- me too.

More important though is what is stated in the next updated S-1, of which there will be a few versions until the final one is published. There is it, where the truth will be most likely revealed, since surely Cytori checks this board too.


I only posted about HF because I am always kidding him that he will never admit to making a mistake (which he rarely does) - not sure that the final S-1 will make me feel any better about this disaster - surprised that the SP closed only down .04 on almost 1 million shares.:cry:

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Small mistake? 05 Feb 2019 21:50 #12599

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Maybe I misunderstood you Fas.

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Small mistake? 06 Feb 2019 05:05 #12600

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myownhedgefund wrote: Maybe I misunderstood you Fas.

/

What a great spin - your record of never being wrong remains intact - LOL.

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Small mistake? 06 Feb 2019 06:41 #12601

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Maybe I should run for politics or even CEO of a public company.
Accountability doesn't really matter in either !
:grin: :KO:

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Small mistake? 06 Feb 2019 08:43 #12602

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myownhedgefund wrote: Maybe I should run for politics or even CEO of a public company.
Accountability doesn't really matter in either !
:grin: :KO:

/

Certainly does not matter at CYTX!

PS - sold VSTM at 3.45 - would re-enter below 3.05.

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Small mistake? 06 Feb 2019 10:23 #12603

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***
PS - sold VSTM at 3.45***

Well that's great news...congrats !

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