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ARGA re-instated today, think there will be any buyers?
ARGA SEC Suspension and Admin Proceeding:
http://sec.gov/litigation/suspensions/2011/34-65146.pdf
http://sec.gov/litigation/admin/2011/34-65145.pdf
Wow...0011 x 0015. Tons of new bagholders here after Friday's pump.
There is a relationship in terms of ownership. David J Cutler owns both shells. In fact it seems he owns quite a few. SWWE ran based on 8-k filing. ARGA ran based on the connection with Cutler. However ARGA had no news or new filings...
I heard this in a private trading chat room,
It's a small group of 30 or so. Several had confirmed the relationship including the boards mod.
I have no ideas what is going on here only disappointment in such a relentless sell off.
I do trust that the mod wouldn't of mentioned the relationship without confirmation.
Like I said we are a small group and the mod has a neutral interest here.
The company is totally defunct...they have no FDA approved drugs anymore. It's just another shell.
First of all who exactly started the "ARGA is tied to SWWE"? Of course in the heat of things many of us have to trust the people on iHub for being honest and we go with it.
Then I heard there was no connection and later on some were saying that yes the owner of the SWWE shell also owns ARGA.
So what's the deal?
And SWWE is still a good play. Looks like a R/M is brewing. First 8k in 7 years.
ARGA doesn't sound bad either. Too much panic unfortunately set in EOD.
No it's not...
Pumped by idiots like PipBoy...no reason for the run.
This is no coincidence !!
SWWE and ARGA share the same owners -
SWEE up 4000% and then the blood. This guy should be reported.
Many hurt badly today.
And people wonder why bodies end up in dumpsters.
this is a good buy here
wow! another arga pop and no news.anyone have an inkling as to what is going on? still on the side here but considering a piece now.
it will rebound after this dip!
He's also on the bid at .0001. Big deal...
in at .0039, out at .005. Only made $60 not bad for 40 minutes though. Will buy again if it breaks resistance this time around.
Knew I should have sold at .0065, felt like it was going to reach .009 resistance lol
cheers,
moe.
But same shell owner as SWWE?
SWWE owner has 5 or more shells.. ARGA has no significant tie to SWWE. no more then any of the other ones.
WTH! but ARGA will go there!
AUTO just moved to .03!!!!!!!!!!!!!!!!
Wow what a push sorry sam but those .05's are history
This is popping on my scanners all day.
LOL, ARGA has nothing to do with SWWE r/m at eod, case of Ihub spam...
0.01+ coming blue skies breakout
great call..in from .0027
.009 is next resistance...we are breakout mode
This is just warming up for the big run 8M in volume and counting
guess so!
what made you think that?if i may ask!
ARGA about to go nutso.
still holding my shares, ARGA got big potential imo i will load more in the 000 range if go there again, but it hold very good today
Opened up higher (material item) and proceeded to accumulate great signs to review and locate with the quickness
Whatever they are, they have a huge drug worth MILLIONS, probalby hundreds of million dollars. Do u have any idea what it costs to get FDA approval for a drug?
Or they are out of business
lol
nice run though
MK
I don't know any biotech that has an FDA approved drug (with a market size of several billion dollars) trading with a market cap of 100 k. LOL. They all have hundred(s) of millon dollar market caps.
I suppose ARGA has marketing problems or so. But a big co or another smaller pharma could get theri hand on an FDA approved drug for peanuts. That is insane.
Than why last filing in 09
and 10Q in 08
and no website ?
MK
BECAUSE the market cap is INSANE. Someone could buy a company wiht an FDA approved drug, targeting a market worth billions of dollars, for 100k. That is INSANE.
Why is this running? This news is old??
the ADHD market is valued at over $3.5 billion dollars
ARGA Auriga Laboratories, Inc. (ARGA.OB) Announces FDA Approval of Liquadd(TM) Oral Solution for the Treatment of ADHD and Upcoming Product Launch
CAMARILLO, CA--(MARKET WIRE)--Mar 10, 2008 -- Auriga Laboratories, Inc. (OTC BB:ARGA.OB - News), a specialty pharmaceutical company, announced today the FDA approval of Liquadd(TM) (dextroamphetamine sulfate) Oral Solution 5 mg/5 mL indicated for the treatment of Attention Deficit Disorder with Hyperactivity (ADHD).
The ADHD market is valued at over $3.5 billion dollars, with approximately 35 million prescriptions written annually. Dextroamphetamine is one of the most frequently prescribed molecules for the treatment of ADHD. "Liquadd(TM) will now provide physicians the proven efficacy of dextroamphetamine in a unique new oral solution form, with our key target consisting of the estimated 5% to 10% of patients that have difficulty swallowing pills. We are excited about expanding the treatment options available to physicians by providing a dextroamphetamine treatment regimen in an easy to swallow form previously not available in the market," said Rick Coulon, Executive Vice President of Sales and Marketing of Auriga.
someone loading up today, 370.000 in volume
ARGA .0023 getting some love today
still holding
scottrade showing .0007 current PPS- also hardly any postings on this board last couple months
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Auriga Laboratories
Auriga Laboratories™ develops pharmaceutical products based on patented drug delivery technologies in cellular biology, material science, and pharmaceutics. It offers Extendryl, which is used for the treatment of cough and cold medications, and allergy symptoms. The company also offers products for the treatment of gastrointestinal disorders and central nervous system disorders, including pain control. Auriga Laboratories is based in Norcross, Georgia. Auriga Laboratories™ is a specialty pharmaceutical company building an industry changing commission based-sales model. The company's high-growth business model combines driving revenues through a variable cost commission-based sales structure, acquisition of proven brand names, introduction of new brands, and a strategic development pipeline, all of which is designed to enhance its growing direct relationships with physicians nationwide.
Auriga Laboratories™ Inc. is a sales-focused specialty pharmaceutical company capitalizing on high-revenue markets and opportunities in the pharmaceutical industry through a variable cost commission-based sales structure, acquisition of proven brand names, introduction of new brands, and a strategic development pipeline. We are currently focused on delivering unique solutions for the respiratory, dermatology, and xerostomia (dry mouth) markets and enhancing our relationships with physicians nationwide.
Auriga's founders and management team are experts in managing the full life cycle of bringing a new medication to market - from pipeline development and formulation to final sales. Our drug development pipeline leverages novel material science and advanced drug delivery technologies to produce improved formulations of successful brands to further expand markets and sales for proven, successful products.
Auriga Milestones:
Computershare Trust Company, Inc.
350 Indiana Street, Suite 800
Golden, CO 80401
Share Structure
250,000,000 Shares Authorized
79,536,557 Outstanding Shares as of May 12, 2008
Company Website
http://www.aurigalabs.com
Investor Relations
805-437-7200
investors@aurigalabs.com
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