posted
UMCC info on RM Candidate + Strong Backing Info
Nebraska Surgical - Nebraska Angels backing the Company Government Contracts with NASA
It’s the first organized group of angel investors to reveal itself publicly in Nebraska.
After Nebraska Surgical applied and made it through the group’s thorough vetting process, five members of Nebraska Angels , signed on to help finance the company, said John Brasch, associate vice chancellor for technology development at the University of Nebraska-Lincoln and president of the Nebraska Angels.
Brasch would not identify the five investors because members of the group choose to remain anonymous. One of the reasons for that, he said, is because they don’t want people soliciting them individually for money.
Neither Brasch nor Bock would disclose how much the company got from the group, but the Angels’ guidelines call for members to invest at least $25,000 per deal, making the minimum investment in Nebraska Surgical $125,000.
But the investment is likely higher, as an overview on the group’s Web site says it targets investments in the $150,000-$750,000 range.
Because of the risk involved, Brasch said angel investors are typically looking for high-growth companies that have the potential to produce a large return on investment.
Nebraska Surgical, an Omaha-based collaboration between University of Nebraska Medical Center surgeon Dmitry Oleynikov and Shane Farritor, a mechanical engineering professor at UNL, looks like it has that potential.
The angels probably will hold investments for an average of eight years, seeking an eventual return of at least 10 times their investments. If that seems like a lot, remember that new ventures have a high risk of failure, so an angel could lose money on several investments before making a profit on one.
The Nebraska Angels' screening process selects three companies per month for the angels to consider, favoring proposals with a good management team, a market opportunity, growth potential and other factors
posted
Just incase nobody is following what UMCC is all about here is a quick explanation.
UMCC was a motorcycle company but went bankrupt, now the stock is just a shell. The shell is being put together for a R/M with Nebraska Surgical Solutions.
more about nebraska surgical...
Nebraska Surgical Solutions develops miniature robots for laparoscopic and natural orifice surgery. They are seeking Federal Drug Administration approval and are in license negotiations with the university, which holds the patents. They are also hiring a chief executive officer and have received financial support from the Nebraska Engineering Research Fund, administered through the University of Nebraska Foundation.
Special Purpose Acquisition Companies (SPACs) are investment vehicles that allow public investors to invest in areas sought by private equity firms. SPACs are shell or blank-check companies that have no operations but that go public with the intention of merging with or acquiring a company with the proceeds of an initial public offering (IPO).
Nebraska Angels backing Because of the risk involved, Brasch said, Angel Investors are typically looking for high-growth companies that have the potential to produce a large return on investment.
Nebraska Surgical, an Omaha-based collaboration between University of Nebraska Medical Center surgeon Dmitry Oleynikov and Shane Farritor, a mechanical engineering professor at UNL, looks like it has that potential.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion*
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posted
Posted by: siix-sigma In reply to: None Date:4/26/2007 12:30:10 PM Post #of 676
More updates here:
After hearing hdogtx's input on my conversation with Mark G Rentschler (makino) this morning, i decided to look into it a bit more. I contacted their HR department to try and see what else i could dig up. I talked to a "Joan" about a position they have listed and asked lots of questions...I was told the company is growing and planing on adding a "couple" new divisions... There just so happens to be 2 shells in a Mark Rentschler name, and we know there is a Mark Rentschler associated with Makino...its getting interesting. Anyone else who feels like being creative, and is good at extracting info from people should call makino too..there are a lot of Departments and #'s listed on their web site...im sure we can get more good DD from them
-------------------- The difference between genius and stupidity is that genius has its limits
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posted
You sold a little early SS, nothing wrong with that, you're just playing it smart, I almost jumped ship too, But L2's looked like it had more gas, so I cancelled my sell....I'm looking for that point now.
-------------------- ~You aren't wealthy until you have something money can't buy.~
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posted
Don't look SS,....I know,..it's too painful,..I was almost right behind ya too, but 'greed took over', and I held on. I have my sell in now, so if it does ever get that .10, I more than likely won't see it, I don't wanna push my luck.
-------------------- ~You aren't wealthy until you have something money can't buy.~
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posted
Oh well, I really cant complain. UMCC was the first stock in awhile that caught my eye and has actually regained some of my confidence about trading.
One important rule Ive learned over the past 18 months is never look back after you sell.
But yes this one is sort of painful lol. Very similar to when I sold out of RSHN last year at .0066 and it went up to .0099.
But hey cramer says it best, bulls make money, bears make money, pigs get slaughtered!
Good luck WIT and JUICE!
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion*
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posted
Oh yeah...if you guys cash out of UMCC you might want to think about dumping it into WPRO. It is connected to UMCC through the same guy, Mark Rentschler. Both are shells that are gonna take off IMHO.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion*
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posted
Thanks SS. Nice play. BTW I got some WPRO too
quote:Originally posted by SuperSniper00: Oh well, I really cant complain. UMCC was the first stock in awhile that caught my eye and has actually regained some of my confidence about trading.
One important rule Ive learned over the past 18 months is never look back after you sell.
But yes this one is sort of painful lol. Very similar to when I sold out of RSHN last year at .0066 and it went up to .0099.
But hey cramer says it best, bulls make money, bears make money, pigs get slaughtered!
Good luck WIT and JUICE!
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
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