2014 Predictions

Look for reduced work hours with reduced pay or a new PIP (pay with implants program)

Be very worried if more than one of the trinity leaves.

Who will head the animal implants program?

Will the garage next door become a silent partner.

Move back to the old building and buy back the old tooling centers and start making our own instruments.

Everybody becomes at least a director.

 

Tony V. takes over old position as CEO and spends entire budget on purple clothing

 

What's the story with the Wright deal? Did it go anywhere or another false rumor spread to keep up morale?

 

It is true. Wright Medical Tech will be buying SBI by the end of quarter 2, 2014, should be official soon. Discard the garbage, keep the 1-3 decent products.
Cheers.

 

November 15, 2013 10:15 AM Eastern Standard TimeARLINGTON, Tenn.--(BUSINESS WIRE)--Wright Medical Group, Inc. (NASDAQ: WMGI) today announced that it has completed its acquisition of Biotech International (Biotech), a leading French orthopaedic extremities company. The transaction will significantly expand Wright’s direct sales channel in France and international distribution network and add Biotech’s complementary extremity product portfolio to further accelerate growth opportunities in Wright’s global Extremities business.Wright previously announced plans on October 16, 2013 to acquire Biotech for an upfront purchase price of approximately $75 million in cash and stock, plus additional milestone payments of up to approximately $5 million in cash, which are payable upon the achievement of certain revenue milestones in 2014 and 2015.In conjunction with the closing of the transaction, a total of approximately $55 million in cash will be paid, and approximately 742,115 shares of Wright common stock will be issued. All Wright common stock issued in connection with the transaction is subject to a one-year lockup.As a result of closing this transaction, the Company anticipates full-year 2013 sales will be toward the high end of its full-year 2013 net sales range of $237 million to $240 million and no change to its adjusted earnings per share from continuing operations range, including stock-based compensation, of $(0.55) to $(0.59) per diluted share, which was previously provided on November 4, 2013.

WHY WILL WRIGHT BUY ANOTHER EXTREMITIES COMPANY?

 

Hey asshole, Wright just bought Solana Surgical AND Orthopro

 

Solana, not much help. Allograft implants are breaking and harder than predicted to take out later. Experienced it in the OR. Pricey too. Compete with the "two K-wire" approach. Very cheap with good results.

Orthopro adds what for Wright? Is it just any easy way to get rid of your bidding competition or maybe Wright wants to own the patents on some products?

How bout some new fantastic R&D so a salesperson can sell on something other than price or make some local hero a "Consultant".

Time for those at the top to earn their keep! Or give me the job.

 

I heard that the deal is in danger of ending. Wright has been getting cold feet about the transaction and looking to back out.

 

If Wright paid $80 million for Biotech what could they possibly have offered Small Bone? $50 million?

 

Stone cold, lead pipe lock prediction for 2014. The STAR ankle will suffer the same fate it did in every other country where it was launched. For those of you not familiar with those results, let's just say they are not pretty.

 

FUCK YOU ASSHOLE!!

Comeon on Small boners we don't have to take this shit. I say we fuck this guy up the ass!! SMALL BONE style!!!!!!!!!!!!!!!!!

 

You kiss your boyfriend with that mouth?

 

These exchanges are juvenile. SBi is flat broke, again. It is not a secret. There is a behind the scenes fire sale happening and it will sell to someone. Be patient.

 

Really folks, what makes you think the company that buys SBI will keep its workforce????
Your dreaming.

 

This post in itself explains why the company is in such trouble. Just look at the level of intelligence and immaturity exhibited by it's employees and associates.

 

I won't the workforce will be the first thing cut. Better still none of the employees are going to make anything off their options.

 

Amazing. After all of these years of empty promises Small Bone is now desperate for a fire sale!!!

What happened to the hundreds of millions of dollars invested?

 

It went to pay the exorbitant "Fees"' to the consultants and Instructors. $10K per day in some cases....Right Jack? This will all come out in the wash some day. It is amazing how many of these guys are on the payroll. Many of them DPMs and consultants for others as well.
There is no shame anymore...is that correct Larry? You should know.
What about you Greg? How much is enough? You are an embarrassment to the MD world. Do they make jumpsuits in a 36 short? I hope so.

 

Knowing about the fire sale and the lack of any benefit to them will prevent most of the employees from putting any effort into their work.

 

12 years out 91% survival rate? HA Coated stems aren't sold in the US. Do some research on the topic