LINARES MEDICAL DEVICES
LINARES MEDICAL DEVICES
LINARES MEDICAL DEVICES
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October 4, 2012<br />
NEXT STEPS<br />
Medical Main Street Conference<br />
• Form “NewCo, LLC” which will be jointly owned by Investor and Linares Medical<br />
Devices<br />
• Fund “NewCo, LLC” with $2,000,000 to be used for:<br />
– Production of several working prototypes of several design variations<br />
– Dynamic load and wear testing on standardized “potted spine” model<br />
– Animal biocompatibility testing and FDA approval<br />
– Expected time for this stage is 15 months<br />
• Exit Strategies:<br />
– Sale of “NewCo, LLC” to large suitor such as Medtronic, or…<br />
– partnership with similar large spine company to take device through<br />
completion of FDA approval process, or…<br />
– Additional round of financing to take it to completion ourselves if this is the<br />
most profitable outcome<br />
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