Omstapocus
$MDXG I think it’s unreasonable to assume that the Sanara deal will not going through. It is well within the FTC’s protocol to seek additional information , most probably specifically anti trust clarification. Although one wonders why the information wasn’t provided the first time?
BIG PICTURE:
Assuming positive acquisition outcome, Sanara posted $25.9M first quarter , 18.6% greater than ‘25. MDXG posted $59M ( CMS reimbursement reduction) . Were Sanara ( the surgical engine ) to post similar increases next three quarters , or annual revenue of $119.4M and even if MDXG ( increasingly wound engine ) remains flat or $240M , we are looking at a very conservatively $360M entity that is profitable with $140M cash as of last call.
We will continue to be tormented by this “ can’t shoot straight “ company , but the ammunition is high quality and the gun is pointed straight at the target. Just need the marksman to deliver.
Best to all.
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