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Avinger Sales Are Just Fine

Who am I kidding!?!?! No they are not!!

This company is about to run out of cash!

Medtech[y] | Avinger is imploding

Sales are falling off a cliff and reps are leaving before they get canned. Should surgeons be concerned there won't be coverage and the company could run out of money? I think so.

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18 reps

You know if the next-gen Pantheris doesn't sell well the company is closing its doors....

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20 sales reps and total revenue of only $8 million. Goodness...

18 reps

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Dr. Simpson resigned from Avinger in all capacity!

Corey Gibbs pushed him out.

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Dr. Simpson resigned from Avinger in all capacity!

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20 sales reps and total revenue of only $8 million. Goodness...

crushing it

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Don't you know how to read an earnings report? AVGR Rev for 2017 won't be over $8M. Sales are crashing because leadership (Jeff Soinski & Matt Fergueson) are clueless about the market and the loser sales team they have left. With $40M in debt and no way to pay it off Lincoln Park looks like the most clueless private equity group on the planet. AVGR Leadership doesn't have the chops to convince the Bay Area or NYC for some real working capital. The last lever they had to pull was some clueless second rate money guys in the Midwest

20 sales reps and total revenue of only $8 million. Goodness...

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Delisted time!

Can't Gibbs go over to the Nasdaq and tell him he played football at LSU, sign a couple of jerseys and barter our way back on the exchange?

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Don't you know how to read an earnings report? AVGR Rev for 2017 won't be over $8M. Sales are crashing because leadership (Jeff Soinski & Matt Fergueson) are clueless about the market and the loser sales team they have left. With $40M in debt and no way to pay it off Lincoln Park looks like the most clueless private equity group on the planet. AVGR Leadership doesn't have the chops to convince the Bay Area or NYC for some real working capital. The last lever they had to pull was some clueless second rate money guys in the Midwest

Delisted time!

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Don't you know how to read an earnings report? AVGR Rev for 2017 won't be over $8M. Sales are crashing because leadership (Jeff Soinski & Matt Fergueson) are clueless about the market and the loser sales team they have left. With $40M in debt and no way to pay it off Lincoln Park looks like the most clueless private equity group on the planet. AVGR Leadership doesn't have the chops to convince the Bay Area or NYC for some real working capital. The last lever they had to pull was some clueless second rate money guys in the Midwest

Gibbs isn't innocent in all this either.

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Don't you know how to read an earnings report? AVGR Rev for 2017 won't be over $8M. Sales are crashing because leadership (Jeff Soinski & Matt Fergueson) are clueless about the market and the loser sales team they have left. With $40M in debt and no way to pay it off Lincoln Park looks like the most clueless private equity group on the planet. AVGR Leadership doesn't have the chops to convince the Bay Area or NYC for some real working capital. The last lever they had to pull was some clueless second rate money guys in the Midwest

They did $20 million last year. Agree with everything else you said.

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So the company does $20 million in sales and recruiters said they were offering $350k at plan? I'm bad at math and I still know that would bankrupt the company.

Don't you know how to read an earnings report? AVGR Rev for 2017 won't be over $8M. Sales are crashing because leadership (Jeff Soinski & Matt Fergueson) are clueless about the market and the loser sales team they have left. With $40M in debt and no way to pay it off Lincoln Park looks like the most clueless private equity group on the planet. AVGR Leadership doesn't have the chops to convince the Bay Area or NYC for some real working capital. The last lever they had to pull was some clueless second rate money guys in the Midwest

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Not true at all. If their market opportunity is the same as their market cap, well, you would be a very disappointed investor. The company would likely be closed down by now.

The market cap is $6.65 million and in 2016 they did a little over $19 million in sales. For an established company, unlike what someone else said, they are not a startup anymore, this is pretty embarrassing.

Poor management. I predict a private equity sale or maybe selling off to Abbott Vascular.

So the company does $20 million in sales and recruiters said they were offering $350k at plan? I'm bad at math and I still know that would bankrupt the company.

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