SHC sunshine heart, inc.

SATE OF PLAY, page-5

  1. 9,101 Posts.
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    The Way banks do business ?

    The SV bank loan modification and the immediate dropping of the $20 million raising may be a part of a confidential conditional approval that removes one of the problems , raising $20 Million in March?

    The second stage of the approval may look like this ?

    Subject to FDA granting CP2 expedited approval? Cash equivalent reduced to 4 months .
    On granting of NUB1 in Europe , further $6 million available finance to SSH .
    $20 million raising by December 2016

    Significant Enrolment pick up with 40 hospitals enrolling will allow SSH to do a capital raising at any time in smaller increments at a much higher share price .
    or receive cash up front payments from a partner ship deal for EU selling rights ,Cornerstone partner ? Medtronic , Edwards or St Jude ?
    With SSH having such a multi $billion blockbuster device that works, John Erb has plenty of options , all is not over for SSH .
    Is this a another buying opportunity or sit and watch ?
 
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