Navigation Links
Solos Endoscopy Posts Total Assets of $2,426,883 for Period Ended June 30, 2012
Date:8/16/2012

BOSTON, Aug. 16, 2012 /PRNewswire/ -- Solos Endoscopy, Inc. (OTCPK: SNDY) is pleased to announce that the Company has posted its financial results for the Period Ended June 30, 2012.  Solos Endoscopy posted Total Assets of $2,426,883 compared to Total Liabilities of just $214,827 for the same period.  The financials are posted on OTC Markets.com http://www.otcmarkets.com/stock/SNDY/filings.    

The Company reduced the cost of a consulting contract in 2012 reducing its monthly costs from $40,000 to $20,000 per month.  In addition, payments on the contract were forgiven for the first quarter of 2012.  During the six months ended June 30, 2012, the Company received $395,800 in proceeds from the sale of its preferred stock and additional $76,500 in advances against the future sale of its preferred stock in the third quarter.  The cash used for operations during the first six months of 2012 was $227,756, and was primarily used to reduce Accounts Payable.  Solos Endoscopy was able to close out the Quarter with a cash assets of $146,882 which was a substantial improvement from just $6,598 the prior year.

The Company substantially reduced its payables and other debt in the first six months of 2012 by approximately $640,000.  Solos expects, due to the restructuring and pay off of its debt, that it is in a better position to expand its marketing efforts and generate positive cash flow from its operations. 

Throughout the year, Solos has focused its R & D efforts into the design and development of new modifications to its endoscopic instrument lines to accommodate the continual advances in Laparoscopic surgical procedures. This includes the introduction of the new SteriTAP™ instrument line and the addition of Bariatric instruments for procedures for the most overweight sectors of our population. Solos now offers all of its instru
'/>"/>

SOURCE Solos Endoscopy, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine technology :

1. Solos Endoscopy Reduces Liabilities by More than $570,000
2. Solos Endoscopys Bariatric Instruments Are Now Available
3. Middle East and Africa Endoscopy Devices Market Outlook to 2017 - Flexible Endoscopes, Rigid Endoscopes, Endoscopy Visualization Systems, Capsule Endoscope Systems and Others
4. Boston Scientific Endoscopy Presents Promising Clinical Data During Digestive Disease Week ®
5. MarketsandMarkets: Global Endoscopy Market worth $9.7 Billion by 2016
6. Middle East and Africa Endoscopy Devices Market Outlook to 2017 - Flexible Endoscopes, Rigid Endoscopes, Endoscopy Visualization Systems, Capsule Endoscope Systems and Others
7. Asia Pacific Endoscopy Devices Industry is Expected to Reach USD 3.4 Billion in 2017: Transparency Market Research
8. Endoscopy Devices Market to 2018 - Demand for Cost-Effective, Minimally Invasive Procedures and Reimbursement for New Indications to Increase Uptake
9. SynCardia Posts Record Revenue and Profit in Q1 2012
10. Retired Pro Hockey Player 1st to Receive Total Artificial Heart in Upstate New York
11. MDHI in Agreement with Debt Holders - Portion of Convertible Debt and Additional 14M Warrants Cancelled -- Total of 101M Warrants Cancelled this Year
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/17/2015)... , April 17, 2015 /CNW/ - The ... Inc. (GSK) is voluntarily recalling one lot (lot 710535) of ... two glass pieces had been found in one bottle of ... affected at this time. Clavulin-400 is an oral ... older to treat various bacterial infections. Clavulin-400 comes as a ...
(Date:4/17/2015)... Contego Medical, the first and only ... for angioplasty balloon and stent delivery catheters, announces ... financing round led by Hatteras Venture Partners, an ... medical devices, biopharmaceuticals, diagnostics and related opportunities in ... Partners, Lookout Capital and Medical Mutual. ...
(Date:4/17/2015)... HILL, N.C. , April 17, 2015  Regulatory ... the newly released bipartisan discussion draft called "21 st ... document is planned to be taken up by Congress ... how pharmaceutical and medical device products are developed and ... For that reason, many companies have begun to consider ...
Breaking Medicine Technology:Advisory - Clavulin-400 liquid oral antibiotic: One lot recalled after glass pieces found in one bottle 2Contego Medical Closes $5.6 Million in Series B Funding 2Contego Medical Closes $5.6 Million in Series B Funding 321st Century Cures: A Regulatory Game-Changer for the Pharmaceutical Industry 2
... Data from 1,237 Facilities Demonstrates,Public Health ... States,Across Healthcare Facility Units, SAN JOSE, ... The,Association for Professionals in Infection Control ... from a nationwide study of,1,237 U.S. ...
... Is Commonly Seen In,Insulin Therapy , CHICAGO, June ... a new study that further demonstrated the safety ... Patients with Type 2 diabetes were able ... improvements in blood,sugar, comparable to dosing adjusted by ...
Cached Medicine Technology:Largest National U.S. Healthcare Facility MRSA Study Reveals,Infection Rates Eight Times Greater Than Previous Estimates 2Largest National U.S. Healthcare Facility MRSA Study Reveals,Infection Rates Eight Times Greater Than Previous Estimates 3New Study Shows A1c Reduced Safely By Patients With Type 2 Diabetes,Using Self-Adjusted Dosing Starting With Once-Daily Insulin,Treatment Levemir 2New Study Shows A1c Reduced Safely By Patients With Type 2 Diabetes,Using Self-Adjusted Dosing Starting With Once-Daily Insulin,Treatment Levemir 3New Study Shows A1c Reduced Safely By Patients With Type 2 Diabetes,Using Self-Adjusted Dosing Starting With Once-Daily Insulin,Treatment Levemir 4New Study Shows A1c Reduced Safely By Patients With Type 2 Diabetes,Using Self-Adjusted Dosing Starting With Once-Daily Insulin,Treatment Levemir 5
(Date:4/18/2015)... (PRWEB) April 18, 2015 "I ... decided to create a healthful juice that contained ... from Rosedale, Md. "It increases my energy, improves ... body." , He developed Tapp's Juice to contain ... helps to prevent physical and mental fatigue. It ...
(Date:4/18/2015)... 18, 2015 Review of Ophthalmology magazine ... ‘Strategies for Success’ program for cataract surgeons attending the ... San Diego, where eye surgeon Jeffrey L. Martin, MD ... event. Dr. Martin is the Managing Partner of North ... chose Dr. Martin to lead this year’s discussion on ...
(Date:4/18/2015)... Insuranceautoquote.info has released a new blog ... quotes . , Clients can review important auto ... online environment provides important advantages for clients who need ... who do not have coverage for their vehicles can ... day or hour. Many agencies offer important discounts and ...
(Date:4/18/2015)... Lowcostcarinsuranceprice.com has released a new blog post ... auto insurance prices . , Drivers who live ... may have to pay more for auto insurance plans ... can also offer protection against vehicle theft. , ... on a single website: http://lowcostcarinsuranceprice.com/ . Drivers ...
(Date:4/18/2015)... Lower-auto-insurance.com has released a new blog ... insurance quotes . , Drivers can find accurate ... A professional insurance brokerage website can help drivers compare ... simple, convenient way. The whole process is designed to ... Comparing online car insurance quotes is advantageous because it ...
Breaking Medicine News(10 mins):Health News:Dr. Jeffrey Martin Invited to Share Latest Breakthroughs in Cataract Care During Roundtable Discussion at National 2015 ASCRS Meeting In San Diego 2Health News:Clients Can Review Car Insurance Quotes Online To Find Low Cost Offers! 2Health News:High Rates Of Car Theft Can Have An Impact on Auto Insurance Prices! 2Health News:Auto Insurance Quotes Can Provide Accurate Results! 2
... less likely than non-Hispanic whites to call 9-1-1 and be ... in medical treatment delays according to a new study ... ., For the study, researchers used data from the Brain ... hospital arrival time and use of ambulance or emergency medical ...
... with a coalition of 20 international sites in five ... who have had optical coherence tomography (OCT) of the ... researchers hope will give doctors a better means to ... and sudden cardiac death. When a vulnerable ...
... say , THURSDAY, March 25 (HealthDay News) -- New research ... cancer may actually improve their survival odds, a notion contrary ... finding is significant, given that the death rate from breast ... pregnancy until later in life, the study authors said. , ...
... compared to about three-quarters of whites, Hispanics, CDC says ... the health-boosting powers of breast-feeding aren,t reaching black American ... a new study from the U.S. Centers for Disease ... that while more than 80 percent of Hispanic mothers ...
... how tumors escape the body,s natural immune surveillance has recently ... Switzerland. The study shows how tumors can create a tolerant ... key features of lymph nodes. The discovery, published in ... 25, 2010, underscores the role of the lymphatic system in ...
... ... to Raise Awareness About Malaria Prevention Aboard an Eco-Friendly Bus , ... Atlanta, GA (Vocus) March 25, 2010 -- The United ... in Africa — announced today the launch of its Nothing But Nets Buzz Tour. The ...
Cached Medicine News:Health News:Mexican Americans less likely than whites to call 9-1-1 for stroke 2Health News:Mexican Americans less likely than whites to call 9-1-1 for stroke 3Health News:Mass. General Hospital to create registry for coronary optical coherence tomography 2Health News:Pregnancy May Protect Breast Cancer Survivors 2Health News:Pregnancy May Protect Breast Cancer Survivors 3Health News:Black Women Least Likely to Breast-Feed in U.S. 2Health News:Black Women Least Likely to Breast-Feed in U.S. 3Health News:Tumors hide out from the immune system by mimicking lymph nodes 2Health News:Grassroots Campaign Drives toward Ending Malaria Deaths by 2015 2Health News:Grassroots Campaign Drives toward Ending Malaria Deaths by 2015 3
Colloidal Gold Sol, 40 nm - 50 OD, 1 ml, Gold Sol Nanoparticles - not boiled, not centrifuged...
Colloidal Gold Sol, 40 nm - 12 - 15, 1 ml, Gold Sol Nanoparticles - not boiled, not centrifuged...
Colloidal Gold Sol, 30 nm 12 - 15 OD, 1 ml, Gold Sol Nanoparticles - not boiled, not centrifuged...
Colloidal Gold Sol, 20 nm - 12 - 15 OD, 1 ml, Gold Sol Nanoparticles - not boiled, not centrifuged...
Medicine Products: