Safestitch Medical, Inc. SFES Current Price and Quotes
Last Price 1.58
Previous Close 1.58 Open 1.58
Daily Range 1.58 - 1.58 52wk Range 1.80 - 0.21
Volume 750 Dividend N/A
Average Vol (3m) 95,365 Yield N/A
SFES Stock Message Board http://investorshangout.com/search?q=SFES&...mp;yt1=Go!
Last Updated: Tuesday, October 29, 2013 02:12:59 AM
Safestitch Medical, Inc. SFES
Company Verified Profile
Company Information
635 David Drive
Suite 300
Morrisville, NC 27560
Website: http://www.safestitch.com
Phone: 919-765-8400
Email: jmartin@safestitch.com
Safestitch Medical, Inc. SFES
SafeStitch LLC was originally founded by Charles J. Filipi M.D. and Jeffrey G. Spragens, along with Creighton University, in 2005, to develop a prototype for a minimally invasive obesity procedure.
In the summer of 2006, Phillip Frost M.D., Founder, CEO and Chairman of IVAX Corporation and Jane Hsiao Ph.D., Vice-Chairman of IVAX Corporation, became partners in SafeStitch LLC and expanded SafeStitch's mission to become a comprehensive medical device company to develop numerous device...
Safestitch Medical, Inc. SFES
Financial Reportings and Disclosures
Reporting Status U.S. Reporting: SEC Filer
Audited Financials Audited
Latest Report Jun 30, 2013 10-Q
CIK 0000876378
Fiscal Year End 12/31
OTC Marketplace OTCQB
Profile Data
SIC - Industry Classification 6770 - Blank Checks
Business Status Development Stage Company a/o Oct 05, 2005
Incorporated In: DE, USA
Year of Inc. Not Available
Employees Not Available
Company Officers/Contacts
Todd M. Pope CEO, President
Richard M. Mueller COO
James J. Martin CFO
Josh Weingard Chief Legal Counsel
Charles J. Filipi Chief Med. Officer
Company Directors
Not Available
Company Notes
Formerly=Cellular Technical Services Company, Inc. until 2-2008
Service Providers
Auditor/Accountant
BDO USA, LLP
755 West Big Beaver
Suite 1900
Troy, MI, 48084
United States
Legal Counsel
Not Available
Investor Relations Firm
Not Available
Safestitch Medical, Inc. SFES
SFES Security Details
Share Structure
Market Value1 $97,484,856 a/o Oct 28, 2013
Shares Outstanding 61,699,276 a/o Aug 09, 2013
Float Not Available
Authorized Shares 225,000,000 a/o Dec 17, 2012
Par Value 0.001
Shareholders
Shareholders of Record 206 a/o Apr 01, 2013
Security Notes
Capital Change=shs increased by 2 for 1 split. Ex-date=02-16-94. Rec date=01-25-94. Pay date=02-15-94
New Issue=8-91 1,000,000 shs in units (1 sh Com & 1 Warr 8-31-94) at $5 per unit by Whale Securities Co., L.P.
Capital Change=Capital Change=shs decreased by 1 for 10 split. . Ex-date=01/05/1999. Rec date=01/05/1999. Pay date=01/05/1999.
Short Selling Data
Short Interest 67,320 (2.54%)
Sep 30, 2013
Significant Failures to Deliver No
Transfer Agent(s)
Continental Stock Transfer & Trust Company
Safestitch Medical, Inc. SFES Financials
Period Ending Dec 31, 2012 Dec 31, 2011 Dec 31, 2010 Dec 31, 2009
Total Revenue 35 - - -
Cost of Revenue 382 - - -
Gross Profit (347) - - -
Operating Expenses
Research and Development 2,916 3,367 2,728 1,256
Sales, General and Admin. 3,392 2,306 2,617 1,399
Non-Recurring Items - - - -
Other - - - -
Operating Income (6,655) (5,673) (5,345) (2,655)
Income From Continuing Operations
Add'l Income/Expense Items (14) (37) 42 308
Earnings Before Interest and Tax (6,669) (5,710) (5,303) (2,347)
Interest Expense 55 48 - 19
Earnings Before Tax (6,724) (5,758) (5,303) (2,366)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (6,724) (5,758) (5,303) (2,366)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (6,724) (5,758) (5,303) (2,366)
Preferred Stock and Other Adjustments - - (5,079) -
Net Income Applicable to Common Shareholders (6,724) (5,758) (10,382) (2,366)
Safestitch Medical, Inc. SFES Recent News
Sep 23, 2013 SafeStitch Medical Appoints Joseph P. Slattery as Chief Financial Officer
Sep 4, 2013 SafeStitch Medical Completes Merger with TransEnterix
Aug 14, 2013 SafeStitch Medical Announces Definitive Agreement to Merge with TransEnterix
SFES Safestitch Medical, Inc. Research DD Guide
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