Look at the Financials

To all the Homers and Kool-aid drinkers at applied medical please have a look at the facts. You love to say we are well paid and applied medical is making healthcare better by lower costs etc etc.....
Look at the financials from 2013 that were disclosed when the VCs wanted their money so applied unwilling had to issue them common stock. Here is the cliff notes version.
For every dollar it costs applied .20 to make, incredible margins. It cost Covidien .40 during the same time period. Now here is where the wtf??? Come into play and why applied will never go public and we will never make any money here.
Operating expenses which include 14% R&D are 71%. That's right .71 from every dollar. (Sales and administrative). Covidien In the same time period operating expenses are 22%.

Where does all the money go?
Reps are making below average wages. It's all going into Said's pockets at a grossly disproportionate rate. The money has alway been there to pay good reps, you could actually steal good reps from other companies with those margins.
So with vertical integration applied can make a clinically equivalent products cheaper than the competition but sales and administrative costs are 300% higher as a percentage than Covidien.

 

Amen

 

Never seen a private company before?

 

this is exactly why everyone hates you, hates this company, and needs to be educated on why not to come here or why they need to leave. It couldn't be more unprofessional. Whoever the manager(s) are that keep posting obvious & blatant lies, you could never find a job anywhere else because you are viewed as a snake oil salesman. So how you feel it's necessary to spend 3 weeks on "training" people on how to use a trocar or clip applier, I feel it's necessary to speak the truth about how awful this place is.

 

You didn't even look it up to check the facts did you? If you did you didn't understand how to interpret it could you? Keep up the good work minion every thing Said and his 40 thieves have told you is true. Said my ethical himself knowingly was trying to screw the same people who invested in him to start applied medical. Bc they didn't understand the business. Not part of the deal son. 10 year fund pay up. But everything Said does is genius and ethical. Fire Mgrs for sending out tests is OK but not fulfilling an agreement with VCs because you don't want to is perfectly in applieds best interest. What hypocrites

 

At the end of the days we are all making big money. That is all that matters.

 

integrity while doing it matters the most...which applied does not have- but preaches that they do.

 

http://cafepharma.com/boards/threads/b-company.586753/page-2#post-5537896

Integrity right here: #34

 

No doing it with integrity is what matters. Which is what applied doesn't have but preaches that they do.

 

At the end of the day you bring money to the bank not integrity. Do you really think in a capitalism market like US that really work or just a gimmick?

 

Who's making big money? No one I know

 

You must be either blind or ignorance.

 

http://www.nasdaq.com/markets/ipos/filing.ashx?filingid=8678537

Check page 119

 

Your point is?

 

You are still blind and ignorance.

 

•
three of our executive officers have control over key decision making as a result of a voting agreement among holders of over a majority of our voting stock;


•
the loss of Said Hilal, Nabil Hilal, Ted Stanley, Gary Johnson or Samir Tall or other key team members could harm our business;


•
there are risks associated with the auction process for this offering;


From page 4 hilarious "risk factors " of going public. They know they will be fired !!!!

 

Well no shit! The loss of the executive staff of any company could harm the business. How do you think the company grew to the way it is today? From your leadership or from theirs?

 

Ignorant.

(Were you learned in public school?)

 

In the great nation of US of A.