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Rex Bionics Share Discussion Threads
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|See this BBC Click program (21st May 2016) which features an alternative exo-skeleton robot developed by SuitX (University of Berkley), it starts at around 2:40 mins.
SuitX looks light years ahead of the Rex machine, it's cheaper, lighter and more versatile
Their web site is here
|In Dec 2014 I described the 60% price drop as a 'Quindell' moment. I might have exaggerated, but only a little.
In the past 12 months they appear to have sold only 2 items. please correct me if I am wrong.
The 17 May interview with Crispin Simon was appalling. He lacks confidence and waffles about opportunities and hopes. You would think that he is talking about an early stage development project that might be ready in about 4 years!
In fact, at the time of the IPO, the carefully crafted impression was given that the Mk1 product had been developed and was ready to sell. Work was proceeding on Mk2 which would be lighter.
So why have they not signed up any of the private hospitals and rehab units? Have Nuffield or the Wellington bought?
Why have the Injured Jockeys Fund not bought one for Oaksey House? They would easily raise the money if the product was truly helpful.
It looks like a 'lifestyle' company. ie, Directors have half an idea and then sell shares to finance their living whilst they try to make the half an idea work properly.
Were the original investors deceived? Or were they considered fair game?
More AiM trash!|
|Video interview with Crispin Simon
Crispin Simon, chief executive of Rex Bionics PLC (LON:RXB), the maker of robotic exoskeletons that help the disabled walk upright, talks to Proactive after the firm reiterated its sales guidance and narrowed its near-term focus to the US and China.
He says both countries have “a love of new technology, an enthusiasm for embracing and trying out new technology and money.”
The company has been focused on using its technology for spinal cord injury, but Simon adds that it is looking at using it for patients with stroke and brain injuries.
P.S. Uncle John - keep an eye out on proactiveinvestors.co.uk, you'll find all of your Rex Bionics information and news on there..!|
|Is there an expert on this board that knows about the financial strength of this company. I saw a demonstration of the exoskeleton and thought it very special so cannot understand why the market is not valueing it higher.|
|CEO Crispin Simon will be presenting to investors at the Chesterfield Hotel in Mayfair from 6pm on 5th November. Click here to register http://tinyurl.com/nwgxkr3|
|This is ridiculous, we get good news about a genuine good product and no one cares. No one buys, no one writes it up.
The nomad is asleep, all brokers are stuck in the pub and financial journalists are just looking round to see what else the others are reporting and then following each other.
|To view Rex Bionics’ presentation from last night’s Proactive Investors One2One Investor Forum, click on the following link: http://tinyurl.com/mgg9ltt|
|This looks a good company to be associated with. I have only had a look at the website and they have other rehab products from USA -Rifton and Denmark - Innovaid.
I hope other retail investors will read and comment.|
|CEO Crispin Simon to present on 23rd April at the Chesterfield Mayfair. Click here to register; http://tinyurl.com/ndxk35e|
|Please note the following thread which may be of interest:
"THE REVERSE TAKEOVERS & SHELLS THREAD (RTO)"
|I believe that only 12,000 shares have been traded.
It looks like a Quindell moment especially for Equity Developments who promoted REX|
|rns today does not look good - Less than 12 months cash at current burn rate and minimal commercial sales PLUS need for clinical trials in both uS and UK. These cannot (imo) be done with the current cash balance so I would expect new funding on the way.
Now on watch list but not moving yet.|
|haven't Rewalk Robotics got this market sewn up? recently IPO'ed in the US|
|Also in Daily Mail
|This is now a very heavyweight management team ready to transform the product into a much larger company.|
|great write up in the Daily Telegraph per link above|
|pls add charts & news, use edit this thread
|Featured on BBC Horizon Special- Longitude Prize 2014
"I still dream that I can walk. Now that dream has come true! REX has changed my life."
Sophie Morgan, T4, REX user|
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