The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Jim Sidoti - Sidoti & Company, LLC - Analyst
: Thank you. Thank you, Ron. It sounds like you've got a lot of shots on goal here. So when you -- as you start manufacturing, is that all going to be
done in Minneapolis? Or do you have a plan to outsource that?
Question: Jim Sidoti - Sidoti & Company, LLC - Analyst
: And that's at an outside supplier? That's not --
Question: Jim Sidoti - Sidoti & Company, LLC - Analyst
: And can you talk a little bit more about the relationship with Zimmer? They're already signed on for two of your products. Have they given any
decision yet on the OneRF product? Are you waiting for that? And then -- okay.
Question: Jim Sidoti - Sidoti & Company, LLC - Analyst
: How does it work? Do they come to you? Do you go to them? Because I imagine there's some extensive training involved with these products. How
many reps do you think that will actually be focused on the product?
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Question: Jim Sidoti - Sidoti & Company, LLC - Analyst
: And with the first two products that you're selling through Zimmer, were there upfront payments from Zimmer? Were they (multiple speakers)
Question: Jim Sidoti - Sidoti & Company, LLC - Analyst
: Okay. So you would assume, whether you go with Zimmer or an outside -- or another party, that you would have similar structure to those deals
for (multiple speakers)
Question: Jim Sidoti - Sidoti & Company, LLC - Analyst
: But given the changes in the capital markets over the last 12 months or so, how have you adapted? Have you restructured? Have you scaled back
any of your development schedules or cut expenditures?
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Question: Jim Sidoti - Sidoti & Company, LLC - Analyst
: Okay. So when do you -- if you had to estimate a timeframe for a decision on who your partner will be for that combination product, do you think
that's something that you'll have figured out by the end of this year?
Question: Jim Sidoti - Sidoti & Company, LLC - Analyst
: Okay. All right. Well, it's 11:15, so we're just about out of time. Do you have any closing comments you'd like to make before we sign off?
Question: Jim Sidoti - Sidoti & Company, LLC - Analyst
: All right. Thank you for presenting, Ron. And it'd be very interesting to hear what you guys have to say tomorrow on the earnings call. Thank you.
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Question: Jim Sidoti - Sidoti & Company, LLC - Analyst
: Bye-bye.
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