Adhera Therapeutics Inc (ATRX)

[mrinvestor08]

If a reverse merger ever happens here...unrestricted shares usually are not involved in the deal. Restricted shares or preffered stock are usually the main components the other company will take over.

But all shares will benefit :)

[EOT]

Lol

[mrinvestor08]

Unless the transfer agent is dumb and the total share count should be higher than what is showing...if dtc increases its restricted shares moving over to the retail side or simply because higher shares outstanding.

[EOT]

“Held at DTC up from 5.8 M to 6 2 M“

Now 6.7. This is very interesting. I’m really liking a RM here???

Really Cleaning this up!!

[mrinvestor08]

Higher dtc which I believe means restricted shares converted to shares held in a Depositary trust...aka retail float. From my own research.

This also happened 2 or 4 weeks ago

[EOT]

Maybe shares were returned from the guy that left?

[mrinvestor08]

Dtc higher...share count the same.

ATRX SECURITY DETAILS
Share Structure
Market Cap Market Cap
141,821
01/30/2024
Authorized Shares
180,000,000
01/30/2024
Outstanding Shares
9,149,760
01/30/2024
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
6,687,395
01/30/2024

[sc00pnDump]

It’s good that s1 has been cleared, now
A merger can come in clean, setting up
Nicely

Have a great day everyone

[EOT]

“New business plan or merger.“

I think all their cards are folded and the 1 employee is to tired to start over lol. Maybe that’s why he never removed the shell or fixed the website? Nice guy though to pay all that debt!

I’m really liking and hoping for merger.

[EOT]

Oh thanks. Kinda figured.
Looks like Management had enough and left an excellent shell on the shelf for another???

This is an absolute beauty for a RM.

Kind of exciting for what’s coming!!

[mrinvestor08]

https://www.sec.gov/Archives/edgar/data/737207/999999999724000226/9999999997-24-000226-index.htm

It simply means the s1 is closed off. So uplist is off the table now...

So IMO 2 options:

New business plan or merger. They didn't pay off all that debt in December to declare bankruptcy...anything possible.

[EOT]

What’s this?????

“Form SEC STAFF ACTION - SEC Staff Action: ORDER“

Atrx is fully sec compliant and audited. And debt free. A beautiful empty ticker.

Any company that wants to go public goes through the SEC. So Is the sec taking control to Rm a company into this ticker?

[mrinvestor08]

I just checked edgar looks like s1 from 2022 is now revoked and closed.

Maybe some more updates coming soon?

[EOT]

Atrx is a super clean QB ticker of great value and huge potential that can go a couple ways…..

[mrinvestor08]

As I've heard somebody say here the writing is on the wall...now will it stay there or wash away? Good night

[mrinvestor08]

Latest 10 Q


Nature of Business

We are dependent upon closing the previously announced transaction with Biodex

Hmmm I thought nature of business was pharma?

As I said a new path might be coming here for the company:



Adhera Therapeutics, Inc. and its wholly-owned subsidiaries(collectively “Adhera,” “we”, or the “Company”), historically focused on drug development and commercialization of “small molecule” drugs to treat Parkinson’s disease (PD) and Type 1 diabetes. More recently, as it has struggled to operate with very limited working capital, it has been seeking to license a diabetes drug to a publicly-traded Nasdaq company as described in Note 9.

[mrinvestor08]

August 2023 10 Q

To the extent that resources have been available, the Company has continued to work with its advisors in an effort to restructure our company and to identify potential strategic transactions to enhance the value of our company as such opportunities arise, including potential transactions and capital raising initiatives involving our current assets, as well as business combination transactions with operating companies. There can be no assurance that the Company will be successful at identifying any such transactions, that it will continue to have sufficient resources to actively attempt to identify such transactions, or that such transactions will be available upon terms acceptable to us or at all. If the Company does not complete any significant strategic transactions, or raise substantial additional capital, in the immediate future, it is likely that the Company will discontinue all operations and seek bankruptcy protection.

[mrinvestor08]

Ms. Stanley, CPA, is an accomplished financial professional with over a decade of financial leadership experience. She has broad finance and accounting experience including initial public offerings, mergers and acquisitions, reverse mergers, operations and management for life science and biotechnology companies.

[wedman]

That is the way these setups go! Fingers crossed!

[mrinvestor08]

Anything can happen here good or bad. I will stick with my gut and if I'm wrong i will take it and move on.

[wedman]

I would think so!

[mrinvestor08]

When there is something to say they will say it in a pr or 8k. Hopefully more to come very soon.

[EOT]

I found a good email but they haven’t responded yet….waiting

[mrinvestor08]

Otcn is a pr away from getting short squeezed to oblivion

[EOT]

Considering how ATRX is quiet.. for now.
Obviously the market makers are accumulating here. shouldn't they buy at a little higher level?

[EOT]

Doesn’t look like many left under 2. Someone did a pretty good job the past 2 days.

With an OS like this….When they are ready this could move up super quick imo

[mrinvestor08]

Adding here

[EOT]

I think we are in for something good!!

She’s clean as a whistle…..

[mrinvestor08]

If I was the ceo I would've used that 640k cash to develop that last melior drug...maybe just maybe something bigger is possible here.

What will they do with that dough?

[EOT]

Some kind of real interest here.
Let’s hit new highs……

[mrinvestor08]

Some bot sold 10k shares and bought 10k back and forth....

[sc00pnDump]

Good morning everyone, have a great weekend

Will be buying more today, if I get the chance

Have a great day ahead

[EOT]

Someone managed to scoop out a few, but hardly anyone selling.

[mrinvestor08]

IMO 2 guys kicked Jan 12 and then melior Agreement terminated Jan 12 was potentially part of a new plan...can't just be a big coincidence.

[backtoreality]

They say follow the money. Maybe I should get ready for a cheapo sale

[backtoreality]

I guess your buddy ante'd up a little

[EOT]

Is that 800k bid from .012 gonna start buying???

[EOT]

Currently very few are aware of Atrx.

As soon as they speak everything changes…. Certainly won’t be this price when they do.

[mrinvestor08]

Measly 35k shares dying to get out from 2.5 to 2.3 cents now...somebody take it out! I do my part when I can here.

[EOT]

The way they keep moving things around daily, it’s looking like preparation for a move soon enough……

[mrinvestor08]

Otcn u cheap ass buy the ask! Lol

[EOT]

low OS with no debt.
They pay for QB standing .
They are fully Audited and fully SEC compliant.
They intentionally don’t remove the shell. Hmmm

With zero obligations and One step to Nasdaq.

Waiting…..

[mrinvestor08]

Huge opportunity here. This ceo keeps shocking me!

[EOT]

Those huge bids will be forced to buy the ask soon… they are there waiting…. Tic toc!

Some have already moved up from 013 to 015

[EOT]

We should get an update way before that, like any day imo. To many developments have already happened.

A Rm would certainly be massive…….

[mrinvestor08]

We need an updated 10q....can April come sooner lol

[EOT]

Last 2 just left so with +400k I guess they would exercise their warrant options on the way out? See if a form4 hits. Need more updates…

[mrinvestor08]

No drugs left with Melior. Read recent 8k and let me know your thoughts.

[halbroke1]

ATRX $$$ IF THERE IS A BUYOUT/TAKEOVER OF THEIR MASSIVE WONDER DRUG, WE COULD SEE $10.00+ OR MORE HERE WITH THE CRAZY LOW SS, WHAT A HIDDEN GEM HERE !!!, SOMETHING HUGE COULD BE COOKING BEHIND THE SCENES...

[mrinvestor08]

9.1M shares now...hmmm