Status: Closed — this petition is no longer accepting signatures.
Final supporters
As investors of TransEnterix Inc (TRXC) we would like more transparency with the company. It has been a month since the last conference call and we would like the company to update it's position with regards to the Surgibot via an Investors' conference.
Questions to address:
1. Has a meeting with the FDA been met and more specifically what the reason was for the rejection that Surgibot did not meet the SE? Given that TRXC submitted the necessary documents to the FDA at their guidance, was there a part of the data that was the primary cause for the rejection?
2. Can it be remedied or does a new process must be done and what is that new application? ie. 501k or DeNovo or PMA?
3. What is the time frame that the company expects to get the FDA's approval on Surgibot?
4. From a tactical marketing point, would it not be more advantageous to push for the Surgibot into the US market instead of Alf-X because it is a much cheaper system that DaVinci cannot compete against rather than putting the priority on Alf-X?
Thank you on behalf of your investors.
Anthony
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Updates
June 9, 2016
I have been hearing from so many of you who are feeling the exact same frustration regarding this lack of communication from leadership. We deserve clarity on the Surgibot path forward because our capital is tied to these unanswered questions. I am currently compiling all of our concerns to send directly to the board members.
June 9, 2016
Seeing this level of backing from fellow investors proves that we are not the only ones left in the dark about the Surgibot status. This momentum confirms that management can no longer ignore our demand for clear answers regarding the company path.
34 Comments
its a bit rediculous that management hs left us in the dark and let the share price bleed out.
Thanks for all the comments. Good job to keep it classy and not derogatory. I will send it in early next week. I'm holding about 33,000 shares. I need to understand the course of action and I hope that TRXC brings Surgibot to the market ASAP because it has a competitive edge over DaVinci. I think it is a mistake to put priority on Alf-X. Both should be pushed at the same time to get FDA approval. They cannot reject both. That would be ludicrous!
Dear Transenterix management. There are a lot of people who invested their hard earned money in Transenterix, and in you the management. With this comes responsibility towards your shareholders to inform how you govern their money in their best interest. Thank you.
I have 3000 shares purchased at $4.29. This has been brutal. I demand the truth and to be kept up to date with information direct from TRXC. I truly think TRXC owes it's investors answers.
I am by all means a small shareholder with only 3,000 shares but the money I have lost is significant to me. I still have confidence that you guys will succeed and I was planning on being in long-term investor. I just need some assurance that my long-term goals will be met. I have continued to buy since the stock is dropped. And I will continue to buy as long as I know that you have a solid plan to succeed.
Was I led down the merry path by a bunch of crooks in charge of this company?
lets all who bought stock be given a reason to breath again.
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Status: Closed — this petition is no longer accepting signatures.
Final supporters
As investors of TransEnterix Inc (TRXC) we would like more transparency with the company. It has been a month since the last conference call and we would like the company to update it's position with regards to the Surgibot via an Investors' conference.
Questions to address:
1. Has a meeting with the FDA been met and more specifically what the reason was for the rejection that Surgibot did not meet the SE? Given that TRXC submitted the necessary documents to the FDA at their guidance, was there a part of the data that was the primary cause for the rejection?
2. Can it be remedied or does a new process must be done and what is that new application? ie. 501k or DeNovo or PMA?
3. What is the time frame that the company expects to get the FDA's approval on Surgibot?
4. From a tactical marketing point, would it not be more advantageous to push for the Surgibot into the US market instead of Alf-X because it is a much cheaper system that DaVinci cannot compete against rather than putting the priority on Alf-X?
Thank you on behalf of your investors.
Anthony
Updates
June 9, 2016
I have been hearing from so many of you who are feeling the exact same frustration regarding this lack of communication from leadership. We deserve clarity on the Surgibot path forward because our capital is tied to these unanswered questions. I am currently compiling all of our concerns to send directly to the board members.
June 9, 2016
Seeing this level of backing from fellow investors proves that we are not the only ones left in the dark about the Surgibot status. This momentum confirms that management can no longer ignore our demand for clear answers regarding the company path.
34 Comments
Please articulate a plan to right your floundering ship. TRXC has lost direction !!
its a bit rediculous that management hs left us in the dark and let the share price bleed out.
Thanks for all the comments. Good job to keep it classy and not derogatory. I will send it in early next week. I'm holding about 33,000 shares. I need to understand the course of action and I hope that TRXC brings Surgibot to the market ASAP because it has a competitive edge over DaVinci. I think it is a mistake to put priority on Alf-X. Both should be pushed at the same time to get FDA approval. They cannot reject both. That would be ludicrous!
Dear Transenterix management. There are a lot of people who invested their hard earned money in Transenterix, and in you the management. With this comes responsibility towards your shareholders to inform how you govern their money in their best interest. Thank you.
I have 3000 shares purchased at $4.29. This has been brutal. I demand the truth and to be kept up to date with information direct from TRXC. I truly think TRXC owes it's investors answers.
I am by all means a small shareholder with only 3,000 shares but the money I have lost is significant to me. I still have confidence that you guys will succeed and I was planning on being in long-term investor. I just need some assurance that my long-term goals will be met. I have continued to buy since the stock is dropped. And I will continue to buy as long as I know that you have a solid plan to succeed.
Was I led down the merry path by a bunch of crooks in charge of this company?
lets all who bought stock be given a reason to breath again.
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Please articulate a plan to right your floundering ship. TRXC has lost direction !!