This makes two in the works of approved clinical trials. Patiently awaiting FDA approval for prescribed treatment.
$CRYO - 3 key phrases I like in COO's summary:
‘first of its kind'
an industry standard
will become available
The third one being subject to "completion of clinical studies and FDA marketing approval". But, in my marble, Mr. Dudzinski made it sound like more of a 'when' than an 'if'.
STRICTLY HOW I SEE IT FOR MY GUESSWORK. NO SUGGESTIONS OR IMPLICATIONS FOR ANYONE ELSE. MY OPINION IS NOT BACKED BY ANY EDUCATION IN TRADING. I BE A HI SKOOL GRAJIATE ONLY.
Simply a quote: "Anthony Dudzinski, COO, stated, "To date, participants have completed the initial screening process, meeting our extensive inclusion/exclusion criteria, and treatments and follow up assessments have begun. We believe that ATCELL™ for PCS is a ‘first of its kind' autologous cellular therapy protocol subject to FDA clinical studies that has the ability to become an industry standard to treat patients suffering from the effects of post-concussion syndrome resulting from mild traumatic brain (mTBI) injuries. Treatments will become available upon completion of clinical studies and FDA marketing approval.""
WASSUP shareholders?? I expected a much better reaction to the breaking news than this. $CRYO $1 ... $2 ?? The moon is in sight.
ENTERTAINMENT ONLY. JUST HAVING FUN. NO RECOMMENDATION GIVEN OR IMPLIED. DUE DILIGENCE AND YOUR OWN RESEARCH IS ALL I ADVISE. BEST OF CHOICES WISHED FOR ALL!
$CRYO .825 x .88. Consolidating. Seeming to be setting new support levels. Higher lows as we go. Can it be that a major catalyst is just around the corner?? I'm betting yes. Yeah, betting. It's a gamble and we all know it. It's your choice on your money decision. I offer no suggestions or recommendations. I just tell you what a fool I am for $CRYO. C'mon matador, just try to take me out!
CHECK IT OUT! $CRYO +329% net in 2 weeks! Where are the Utube gurus? They are missing the boat here! Is all their squawk & talk sponsored, or can they see real opportunities? $CRYO is bursting at the seams! Aiming at the moon and ready to pound the button any day, hour or minute! Glad I'm on board. Will we be waving bye-bye to the Utube gurus, or will they find their place on board before it's too late? $CRYO$CRYOO$CRYO !!
STRICTLY MY OPINION FOR MY ENTERTAINMENT! I'M NO PRO AND NOT ON ANYONE'S PAYROLL. NO ADVICE GIVEN OR IMPLIED. USE YOUR OWN RESEARCH AND DUE DILIGENCE AND MAKE YOUR OWN DECISIONS. THE MARKET CHANGES ON A WHIM AND IS NOT PREJUDICE ABOUT WHO IT CRUSHES OR ENRICHES. BEST OF FORTUNE TO ALL.
Parlor trick: as the 20,000,000 “retired shares” bought back from AMCY are only cancelled till November 11,2022 when AMCY can convert its series A shares back into 20,000,000 common shares of CRYO, call it a temporary retirement or shares to dilute this increase to pay for its operations for one year, PR was full of fluff, would take a long time to see progress from whatever it was projecting, they have to pay AMCY 200,000 a quarter for 4 quarters as part of the deal as well, all imo
8-K filing today: https://www.sec.gov/ix?doc=/Archives/edgar/data/1468679/000101905621000598/acryo_8k.htm
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
Pursuant to a Share Exchange Agreement, dated as of November 12, 2021, by and between American CryoStem Corporation, a Nevada corporation (the “Company”) and ASC Global, Inc., a Nevada corporation, whose shares of common stock are quoted on the OTC Market Group’s OTC Pink Tier Market under the symbol “AMCY” (“AMCY”), the Company issued to AMCY 1,000,000 shares of its Series A convertible preferred stock (the “A Shares”) in exchange for 20,000,000 shares of common stock, par value $0.001 per share, of the Company held by AMCY, reducing the outstanding shares of the Company’s common stock from 62,057,355 to 42,057,355. Each A Share will be convertible at the option of AMCY into twenty (20) shares of the Company’s common stock commencing on November 11, 2022 and, subject to Nevada law, is entitled to an annual dividend equal to $0.20 per A Share payable quarterly, in cash, or at the option of the Company, in shares of Company common stock with each such share of common stock having a value for such purposes equal to the average VWAP for the five (5) consecutive trading days with the fifth consecutive trading day being the last trading day of the calendar quarter for which such dividend is being paid.
Except as required by Nevada law or otherwise provided in the Company’s Certificate of Designation of Rights, Preferences and Privileges of Series A Convertible Preferred Stock (the “Certificate of Designation”), the A Shares shall vote as common stock on an as-converted basis with the Company’s then outstanding common stock.
The above is a summary only of the rights, preferences and privileges of the A Shares and is qualified in its entirety to the Certificate of Designation attached hereto as Exhibit 3.1.
John Arnone and Anthony Dudzinski, the sole officers and directors of the Company who collectively beneficially own 30,260,000 shares of common stock of the Company, or approximately 45.4% of the outstanding Company common stock are the sole officers and directors of AMCY and collectively beneficially own 48,270,000 shares of common stock of AMCY, or 59.5% of the outstanding AMCY common stock.
Item 9.01. Financial Statements and Exhibits.
Exhibit No. Description
3.1 Certificate of Designation of Rights, Preferences and Privileges of Series A Convertible Preferred Stock.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
That conversion is huge news in my opinion.
Yeah. They should. It's the opposite of dilution as 20M shares essentially evaporate. $CRYO. You can call me LT Bull.
Predication: I'm a long term bull on CRYO. Maybe I'm simplistic or superficial, but pps reaction tells me how huge news is. IMO, any increase up to 10% could happen without any news.
STRICTLY MY OPINION FOR ENTERTAINMENT PURPOSES. NO RECOMMENDATIONS GIVEN OR IMPLIED. ALL STOCK DECISIONS SHOULD BE MADE ACCORDING TO ONE'S OWN DUE DILIGENCE AND RESEARCH. I JUST GUESS AND GAMBLE.
Something is coming...
Yes, but they didn't disclose what ACS Global will get besides the 1000000 shares. And, why did they do that? In my opinion they have to be preparing something.
They're taking back 20 million common shares from AMCY. HUGE news.
Nice last 2 days for CRYO..
Once this crosses 1M shares for the day it will hit more scanners for sure!