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MOTS - Motus GI Holdings (medical technology company)

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Dan Thunderbolt, Jul 23, 2020.

  1. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Bought a first position of this one. I think it has great potential the next 6-9 months.

    Great beneficial technology imo. First mover advantage – no competitors. In view of Covid-19 the technology has in particular the advantage of reducing length of stay at hospital.

    Presentation May 2020
    https://ir.motusgi.com/

    Motus GI Holdings, Inc. is a medical technology company, with subsidiaries in the U.S. and Israel, providing endoscopy solutions that improve clinical outcomes and enhance the cost-efficiency associated with the diagnosis and management of gastrointestinal conditions.

    Market Cap: ~ $34 million
    Cash: $21.5 million (likely ~ $14.5 million at the end of Q2)
    50% cost reduction measures implemented. Moving forward quarterly burn rate is ~ $3 million.

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  2. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Very interesting interview with the CEO of Motus. In my opinion it shows the great potential of the company moving forward.

    Some notable excerpts – 15:30 min

    “Before Covid the number one value proposition we bring to the market is the ability to impact patient flow, avoiding delays or repeat procedures… In the era of Covid many of our Docs said the value proposition is now even more amplified.”

    Interview with CEO
    15 June 2020
    https://www.vifiresidechat.com/motusgi
     
  3. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    I sold this one two months ago with a 5% loss when the stock moved up on the private placement announcement. My entry point was way to high back then. Now at the current share price in the low 0.70 this is a great buy imo. Market Cap is below cash right now. Bought a first position today again.

    The single healthcare focused institutional investor purchased shares in the private placement at a price of $1.145 two months ago.

    Motus GI Announces Pricing of $10 Million Registered Direct Offering Priced At-the-Market
    August 28, 2020
    https://www.motusgi.com/news-media/...unces-pricing-of-10-million-registered-direct

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  4. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Looks like the low 0.70 were a good entry point. I am confident the share price will move higher than $1 soon...
     
  5. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Motus GI and Memorial Hermann Hospital Partner to Improve its Colonoscopy Efficiencies
    December 02, 2020
    FORT LAUDERDALE, Fla., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Motus GI Holdings, Inc., (NASDAQ: MOTS) ("Motus GI" or the "Company"), a medical technology company providing endoscopy solutions that improve clinical outcomes and enhance the cost-efficiency associated with the diagnosis and management of gastrointestinal conditions, announced today a collaboration with Dr. Nirav Thosani, Director of Advanced Endoscopy, Memorial Hermann Hospital in Houston, Texas, to incorporate the Company’s Pure-Vu® System with the aim of improving efficiencies and clinical outcomes of inpatient colonoscopy procedures at Memorial Hermann Hospital, for patients who present with inadequate bowel preparation. The Memorial Hermann Hospital is a flagship hospital within the Memorial Hermann System, which is one of the largest not-for-profit health systems in Texas, owning and operating 14 hospitals.

    https://ir.motusgi.com/press-releas...-memorial-hermann-hospital-partner-to-improve
     
  6. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Now above a buck @ $1.11 :)

    Current market cap of $36 million is still relatively low imo with 23.7 million cash as of 30 September 2020.
     
  7. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Closed yesterday at 1.19. I think this might move up even higher...
     
  8. Dan Thunderbolt

    Dan Thunderbolt Active Member

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  9. Dan Thunderbolt

    Dan Thunderbolt Active Member

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    Motus GI Announces European Clearance of Enhanced Pure-Vu® GEN2 System to Harmonize with U.S. Configuration
    January 15, 2021
    Regulatory approval for enhanced system is a key milestone that supports evaluation of strategic partnership opportunities in the EU
    - - -
    U.S. commercial rollout of Pure-Vu® GEN2 System enhancements initiated in Q4 2020

    https://ir.motusgi.com/press-releas...ounces-european-clearance-of-enhanced-pure-vu
     

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