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[kooba] 29/4/2022 13:34

I contacted shifty the other day on another matter, ( having contacted him after his BATM musings) i was trying to do some digging on an unrelated private company abroad..he is well it seems. I did mention the Moldovan situation in relation to BVC as it had just flared up. Two subsids have meaningful turnover based there..but no one is interested in that , which is fine. But if it really kicks off there worth knowing i thought.

[pockstones] 29/4/2022 13:07

Curious every time Shifty the Rat is mentioned and his questioning around the financial probity of the principals the post is swiftly deluged by flood of other posts that avoid the questions raised
Is that the clue

[car1pet] 28/4/2022 23:01

Everyone is entitled to their opinion. My response to the comments comparing to Steve Jobs is to get things in perspective - this is a very very small company and does not require high management overheads. It just needs a commercial head to drive it forward thats it. Marom is not the man. He needs to step back. Until he does this company will continue the way it has for the last 10 years. My annoyance is that a simple fix of a new CEO would make a massive difference. All my opinion which like everyone else I am entitled to have.

[the crypt] 28/4/2022 22:41

Well said - Mmmm scrambled bacon butty n chips with Brown sauce - yumFSE you know yer stuff mate

[fse] 28/4/2022 22:22

OK. You are nevertheless correct in thinking that is basically an adaptation they made in Hungary. The market for these is overcrowded and I believe they sell in the $4000 to $7000 range so whilst they can make them they were never to my knowledge a planned product line nor would I suggest they should be. Better use of their time IMO.

[fse] 28/4/2022 21:46

My understanding of the ventilator design was they had thought about adding features to a basic design which moderated or anticipated the air volume required dependent on the patient condition. Ventilators were seen as a bit of a last chance hotel and Celitron and BATM technicians adapted the units to give a much better outcome for many.
I will attach a link to the machine.
But honestly it was pretty impressive I also was surprised.




another good link from the period in question



heres the owners manual,

[kooba] 28/4/2022 21:31

All pretty fair comment only question on ventilators is there evidence that Celitron designed and built a brand new ventilator from scratch or did they get the order and white label overseas built model ...i don't know but had been led to believe the later. If the former then agree impressive.

[kooba] 28/4/2022 21:20

Zvi ain't no Jobs! He's far too nice. Jobs as well as being a visionary new his market and was very commercial and extremely ruthless. Most visionary types however can't jump from development to market..same story over and over they have to move aside for real world pragmatism and commercial nous..different skill sets few can follow the course.

[unctuous] 28/4/2022 21:05

car1pet - in short, you’re looking for a John Sculley to manage our Steve Jobs. How did that work out again?

[unctuous] 28/4/2022 20:55

Car1pet - Ah, you want a “grown-up̶1; company where, above the mere tech folks, there’s an expensive layer of overpaid empty suits spouting ESG-platitudes. I prefer to listen to subject matter experts with a lot of skin in the game positively bubbling with enthusiasm. It’s called an entrepreneurial environment. The irony is that the “grown up” companies spend an inordinate amount of time and money on retreats where they brainstorm ways of becoming more entrepreneurial.

[james dean] 28/4/2022 20:01

T C -

You have been here before - I have been here possibly longer than most and hold more shares than some others too.

It hurts when you don't play the market but invest for the future as you see great value growing in the company over the years.


Tut tut sir 'behave'.

[the crypt] 28/4/2022 19:33

Koooooooooooooba - yer stroppy gut ha ha he he

[the crypt] 28/4/2022 19:31

Interesting post Kooooba - very true - this company is all smoke and mirrors and has little substance when it really counts - I feel fooled!

[kooba] 28/4/2022 18:15

Think thats a very valid opinion ..it's his business , he founded it and he is indeed wise in spotting opportunities and developing technology that could have a positive world impact..but after over 20 years of chasing rainbows the company really needs to focus on the commercial applications and gaining some real traction. Re covid the company seemed to be in all the right places before things kicked off but considering this they didn't seem to achieve much in the way of revenue in the products they were already in..just a one off likely white label deal for ventilators. They need to show sustainable growth and traction in their markets of operation to command a growth rating. There has been a close group around Zvi for a long time and one wonders how much challenge in performance he gets..but ultimately the management are likely the reason some folks look past BATM as an investment..everyone has heard the story many times before from the same guy..hopefully this time is different.

[car1pet] 28/4/2022 17:57

Unctous I have also have extensive experience of managing companies. None of those guys seemed to understand that shareholders want to hear the commercial narrative. Marom is the CEO and presented the slides on the bio medical. He should have been providing the overall business message. I've met him and spoken with him. He's a very nice guy but totally unsuited to be a CEO. He is genuinely interested in the medical stuff but at a deep technical level. If he was heading up the R&D in bio medical it would make more sense. The problem is that he set up the company and can't let go. He needs to let go and the only way that can happen is by a takeover in my view. I can't see him stepping back and allowing a business manager to take over. Its all IMO DYOR

[kemche] 28/4/2022 17:34

Nanoco - another one of Barry's (Echo, Bluerinse at the asylum, and probably more monikers beside).

gone off in a strop.. - certainly sounds like our Barry.

when their over confidence overlaps with ignorance - yep it's him!

Little man meets little Public School and thinks he knows stuff.

[kooba] 28/4/2022 17:15

Wow that must have been many moons ago..Vane..i got proper stroppy with them at some point had a few meetings with the company. Walter Mitty doesn't narrow the field much on these boards..there has been one recently on Nanoco and Hurricane who seems to have gone off in a strop..some are so sensitive..often when their over confidence overlaps with ignorance it's not a happy mix.Hope rather than echo expertly explaining what's going on ( in his head) it would be rather nice if the company do instead..so there is some clarity.

[kemche] 28/4/2022 17:09

Kooba - and makes Walter Mitty look like a part-timer to boot.

And just to reminisce - enjoyed our profitable foray in Vane. Many a fine claret was quaffed from that adventure!

[kooba] 28/4/2022 17:00

Thanks for the advice though it was quite obvious he was well out of his depth has a bad book and just won't allow any comments that do not support his position.

[kemche] 28/4/2022 16:57

Kooba - I would advise to do some research into his previous. Quite the self proclaimed success. Unerringly erring. Whilst being always correct.

[kooba] 28/4/2022 16:46

Btw not suggesting anything sinister..never have. Just why having bothered to propose a buyback at general meeting and got shareholders voting in favour and actually commenced said buyback why are they now not implementing when i thought the whole idea was to mop up stock coming out of index funds. If they have not anticipated issues around Israeli buy back laws referred to in the notice of GM and they for a period have not been able to implement the buyback suspending any purchase then they should have informed shareholders as the whole idea seems to have now allowed the price to fall without any stabilising mitigation with the buyback...the whole bloody point i thought.

[kemche] 28/4/2022 16:44

'I tried treating you like grownup' Aah the classics from the trustworthy playbook start appearing again. Don't forget the ownership, dooshing, mic dropping and things being adjacent.