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No you are just sensitive.
I told you I’ve read this board so while explaining for the board curmudgeon I can go ‘ on the record’ with my thesis, if you will.
You must be trying to convince me that SH*t doesn't stink, I'm here to tell you that it does, no matter what you say! Play it as you see it
It’s cool man.
I’ve been reading this ‘board’ for years. Never really played here.
Awful management so I waited for 3 cents.
It’s worth a flyer with the technical setup overlaying the recent PD progression
Please, just don't spend it all in one place, spread some of those wild gains among the Earth's less talented traders. Play it as you see it
It’s a nice adjunct to my formidable Axim position.
I’m not here for the 1.5 to .03
I’m here for the .03 to up
Sorry
Gl
Gblx
....And your financial advisor is: [1]Donald Duck, [2]President Richard Nixon{Deceased}, [3]John Poss, himself in the flesh, AKA "The GBLX Scumbag", [4]Jesus Christ, who can turn all investment turds into million $$$$ winners or Lucifer who can make all turd investments appear like million $$$ winners. Your friends in Hades wish nothing but the very best. Play it as you see it.
I am long .0365
$gblx
Yeah, OK! so are all those $$$ filling your pockets? Eeeeeh! Well Hell NO, 'cause Poss is in charge & will use every last Cent to pay himself
a 6 figure salary for years to come! That's why they call these types of financial boondoggles, "Penny Stock Scams". GL waiting for YOUR $$$$$. Play it as you see it
Yeah we know about Piss POSs
But with 750k volume avg last few days that is wayyyyyyh more than 1000$ lol
Anyways there’s no reason for volume rn
GBLX has always tried to maintain a sense of expectation & future prospects, UNFORTUNATELY it's run by a total idiot[Poss] who has had to sell all assets due to his mis-adventures, such as investing $1 million in Hemp that went down the drain. GBLX is just a shell with a few patents that no one cares about, while Poss draws a hefty salary pretending to be a viable business. The normal daily volume in GBLX is between $500-$1300, that's It!!!! Play it as you see it
I have a feeling that something is brewing here.
GBLX has been sending these types of "market news" for the last 6 years, with the resulting bottom line of a 3C stock. All BS, co. is just a shell with NO prospects, "good" job by that idiot Poss. Enough said. Play it as you see it
LAS VEGAS, NV / ACCESSWIRE / May 4, 2020 / GB Sciences, Inc. (OTCQB:GBLX) announced today that the United States Patent and Trademark Office (USPTO) will issue U.S. Patent No. 10,653,640 entitled "Cannabinoid-Containing Complex Mixtures for the Treatment of Neurodegenerative Diseases" on May 19, 2020 . The patent is assigned to GBS Global Biopharma (GBS), Inc. , GB Sciences ' Canadian entity. The issuance of this U.S. patent protecting methods of using GBS's proprietary cannabinoid-containing complex mixtures (CCCM™) for treating Parkinson's disease (PD) is an important milestone in the development of these vitally important therapies and validates GBS's drug discovery platform. In the U.S. alone, the combined direct and indirect costs associated with Parkinson's disease are estimated at $52 billion , and new therapies to address Parkinson's disease symptoms are greatly needed.
"Receiving our patent for the treatment of Parkinson's disease symptomology using GBS's CCCM™ is an important milestone in the development of this urgently needed medicine, and to our knowledge is the first time that a U.S. patent has been awarded for a cannabis-based complex mixture defined using this type of drug discovery method. The U.S. patent validates our drug discovery platform and strengthens our intellectual property portfolio of unique CCCM's™, each targeting one of up to 60 specific clinical applications," explained Dr. Andrea Small-Howard , Chief Science Officer and Director of both GB Sciences, Inc. and GBS Global Biopharma, Inc. "Our CCCM™ development program for Parkinson's disease is well-positioned for success given both the new patent and our recently announced animal data demonstrating a statistically significant reduction in Parkinson's disease symptomology. These important preclinical animal results will be included in GBS's Investigational New Drug (IND) application with the U.S. FDA in order to enter human clinical trials as soon as possible."
GBS's drug discovery program optimizes cannabis-derived formulas by reducing the complexity of natural extracts while preserving the medically useful positive interactions between the active ingredients in the cannabis plant. Working with our university partners, GBS's drug discovery platform has identified unique, disease-targeted complex mixtures from out of the 480 potential active ingredients in different varieties of the cannabis plant. GBS's drug discovery platform uses both high throughput screening of cell models of disease and GBS's Network Pharmacology Algorithm to create rationally designed complex mixtures targeting specific diseases or disorders that can outperform therapies based on individual ingredients.
"The issuance of GBS's U.S. patent for complex mixtures for PD confirms that our pharmaceutical compositions can be patent-protected for therapeutic use," said Dr. Michael Farley , President, GBS Global Biopharma, Inc. "Our in vitro and animal data also show cannabinoid mixtures outperforming single component therapies for symptomatic relief or disease-modifying effects. Evidence-based, patent-protectable, complex formulas are where cannabinoid medicine is going fast and GBS is leading the way."
GBS's intellectual property portfolio contains multiple patent families covering CCCM™ containing novel combinations of active pharmaceutical ingredients that are complex mixtures composed of natural or synthetic homologs of cannabis-derived ingredients. In addition to the U.S. patent issued for PD CCCM™, GBS's intellectual property portfolio currently contains three licensed patents that are issued in the U.S. , with corresponding patents issued internationally. Seven nonprovisional patent applications and three provisional patent applications are pending in the U.S. and 18 patent applications have been filed internationally drawn to CCCM™ for the treatment of neuropathic pain, inflammatory disorders, cardiovascular disease, neurodegenerative conditions and a variety of other clinically unmet needs.
On a side note...I can tell you from personal experience that the product developed in LA has been a Godsend for a family member suffering from crohns. It helped eliminate leg pain from inflammation where conventional pharmaceuticals failed. It's a shame they put the screws to shareholders in the process. Hopefully they will be able to capitalize on it someday.
Yes, exactly. With no revenues, how long will it take to eat through that cash from the asset sales? How long will it be before dilution starts? In 2019 they increased the a/s by 200M. They are now a bio research company with no revenue.
Can you revive a DEAD duck? Better make a meal out of it. The entire trading volume for 1 day equals 1 average transaction for many listed stocks. GBLX is NO longer in the MJ business, it sold its assets & now POSS is in charge of the $$$$, You can just guess where $$$$$ will eventually end up. Play it as you see it
Rising on volume... something is brewing or simply trading up with the 420 etf's?... either way... decent price action...
The bottom may be in... we'll see... playing it as I see it ;]
$GBLX
GTSM on the bid for the past few weeks... trading above the 50 day for the first time since Oct 2019... firming... turning bullish... . .01's - low .02's were a steal...
$GBLX
NOT Really, Poss first destroys GBLX, by mismanagement & hiring family{Nepotism} & friends that were just collecting checks & then sells what's left for his own benefit. Play it as you see it
We are all well aware of the perfectly timed sale... by the way... kudos to $GBLX... their sale was genius!... Poss may be a thief but he's obviously not a moron...
SURE! When the PPS is between 2C & 3C, who really gives a sh*t? This PIG has been @ the same level for about a year, furthermore, GBLX has sold its business, mainly some cash left & POSS will certainly swallow it eventually. Play it as you see it.
$GBLX has been a rock through the corona plunge... could have easily traded down sub .01... not up for debate...
Trading at the 50 day MA... next stop... 200 day @ .07...
$GBLX
GB Sciences Completes and Achieves Statistical Significance in Preclinical Study of Its Proprietary Parkinson's Disease Cannabinoid Formulations and Begins Mechanism of Action Study With the National Research Council of Canada...
https://finance.yahoo.com/news/gb-sciences-completes-achieves-statistical-130000608.html
Yeah, that's right GBLX has now fallen to 2.5Cents PPS, as I predicted it's time to stick a fork in this pig. Talking about pigs, look no further then what Poss what has done with the funds collected from the sale of various parts of GB Sciences, oink, oink. Play it as you see it.
Not a chance, Poss & his overwhelming greed will make sure that @ the end of the day, only he, his family & friends are going to end well.
BTW, is Dr. Small getting bigger? Play it as you see it
Holding it's own in a bad market .03450 - .0386... not bad... looks like it wants to trade higher... a lot of support in this area... GTSM on the bid for days...
We'll see...
$GBLX
dropline: you're fooling yourself if you think that Poss has any interest in sharing proceeds w/investors thru mergers or any other fiduciary mechanism. He will drain all the $$$$$$ for himself & family, he's a CON Man, I spoke to him in the past & he's not to be trusted. Eventually GBLX will go under [Zero Land} Play it as you see it.
As people stand around, Poss{AKA Ali Babba & the 40 thieves} & the other parasites are burning through $$$$$$$$$$. these dirt bags should be in JAIL!!!!!! Play it as you see it..
Criminals are running this company! Here is a comparison of a successful 420 company vs. this piece of shit...
Salary Example...
GB Sciences Inc losing money... diluting on a monthly basis... here are the scam artists salaries...
As of 2018...
John Poss
CEO and Chairman of the Board
$692,245
Ksenia Griswold
CFO
$331,519
Andrea Small-Howard
CSO and Director
$252,457
Kevin Kuethe
COO
$480,257
$GRWG superstar management... kicking ass and profitable...
Darren Lampert
Chief Executive Officer
$355,500
Michael Salaman
President and Secretary
$355,500
Joe Prinzivalli
Chief Operating Officer
$133,300
Monty Lamirato
Chief Financial Officer and Secretary
$209,100
WTF is wrong with this picture?...
$GBLX
Merger or acquisition is the only bet at this point... wonder how much of the proceeds from the recent sale are blown?...
This company was something at one time... it's simply a shell of that now... Poss and cronies have destroyed any value... this is an outright scam at this point...
Their salaries and free stock is what put the final nail in the coffin for me... They are all criminals... they can care less about shareholder value... just stealing that last 12 mil from the till...
Bottom line... Clueless agenda-driven as$hole% running $GBLX...
$GBLX
GBLX is no longer a REAL Co. Just Poss, friends & family living off asset sale proceeds, once the $$$$ are spent, this band of crooks will quietly slip out the back door in the middle of the night. Meanwhile, they'll continue to post "news" to keep the sheeple from revolting. Play it as you see it
Going through previous filings this weekend really lit me up!...
Without a doubt... Poss & his cronies are mugging and pillaging investors... Very similar to $TRT$... This seems to be an organized enrichment scheme... exactly WTF has Poss done for shareholders? WE own the company Ahole... not you (Poss)!... why the free shares as compensation you greedy pig?!!!... frikin' as$hol% (Poss)... all of them... family employees are always a red flag... Monica Poss as VP... what a joke!!... anyone know what qualifies here to be 2nd in charge over there?... managing the local convenient store doesn't count...
$GBLX had their chance to be something substantial... they blew it...
Let's see how long it takes them to blow/steal the proceeds from the recent sale... I'm sure Poss is estate planning at this point... want's to make his Golden Parachute is generational...
Bottom line... Poss and current management are ALL losers... the numbers don't lie!... just them... THEY ALL HAVE TO GO!!...
All IMO...
$GBLX
I have to give you credit for your last three post. This is what has been happening for the last couple of years. Then, when you look at there expense prior to this year it was double. They run the company, like a cash cow. Paying for lunches, stocking the refrigerators, company clubing and many other things. This is why they have to get rid of John and Andrea. They orginal CFO has left. Everything, is paid for them.
There travel to vegas from CA and TX. Is paid for. Cell phones. They are just milking investors.
On behalf of GB shareholders... How about showing that you care about OUR company and update GB's social media accounts... John or Andrea can do it while they are taking a dump... that's how easy it is.... you morons are getting paid enough... take care of business!... pathetic...
This and my last message was sent to GB through their website...
$GBLX
Andrea Small-Howard Executive Compensation... WTF are we doing here guys?...
And the joke continues. Keep lying to them. There is no news because they really dont own much anymore. They still have not got rid of Poss and the COO and CFO is Zack. Because, they can't get a COO worth a dam to work for them.
IMO this is ready to move higher... they are sitting on more cash than current market cap... one human trial announcement and we surge to a buck...
I have always traded this stock around their biotech model... growing weed was always secondary... too much of a commodity driven environment... proprietary formulas & drugs manufacturing... that's where the real $$ is... I like their current direction...
Biotech's are notorious for not saying much... they have been in this arena for quite some time... I also wouldn't be surprised to see a string of drug announcements over the next year...
Now a longer-term play... the reward potential has increased significantly... it only takes 1 drug in this arena to change the the complexion of a company...
Haven't had substantial news here in a while... wouldn't be surprised to see something shortly...
All IMO...
$GBLX
There s NO future @ all for this POS. Incompetent management that is ONLY concerned with their own welfare. You will lose your entire investment if you hold on 'till the end. This is a failed company that has been run by selfish, short term thinking idiots like Poss, I've been predicting this failure for the last 2 years & now it's here! This is why the market keeps pushing the PPS DOWN. Play it as you see it.
Any thoughts on this stock? Seems to have some resistance around .038-.04.
Will GBLX be in the green with the sell off of LSU and the Vegas grow op? Any revenue coming in or is it going to be strictly research and a hope for patent approval. Whats going on with the BOD? Would be nice to get some current DD here. $GBLX
Crickets?
Not looking good, sold off all revenue producing operations. We are supposed to sit around and wait for pie in the sky patents?
There is no bottom for this one. Not even .0001 because they will just rs and create lower bottoms than ever before
The hemp deal went bust a little over a year ago.
'Silver plated' About 2 years ago I predicted the abysmal future of GBLX, including its eventual break-up & dissolution, based on the worthless management skills of Poss. Back then I said that the LA deal was going to drain all cash unless it was terminated, which they finally had NO choice & sold that mistake. Now they're trying to pump this dead worthless crap as the new "clinical cannabis", cause even the Vegas operation is KAPUT!! Any $$$ will go directly to management, while GBLX descends into oblivion, we;re talking about incompetent, self-interested, brain-dead management. BTW, what ever happened to that large investment in HEMP??? Eeeeeh? Management just re-invented their "mission" to be able to pull suckers in & continue pulling large salaries as they continue their BS story of what is essentially a broke Co. that has NO future prospects, just look @ the history of the PPS & you immediately know what the market really thinks about GBLX, which is just another PENNY STOCK SCAM. Play it as you see it
So, the company was over 6 mil in the hole. So, they sold LSU. Break even and reduce cost. Now, the sale of upto 75%. But, when you look at just the two executives salaries they are spending over 1/2 mil. Not, including board members $25k per year. I guess they better start cutting salaries fast before the R&D part of GB is sold off to. As, there burn rate even with the selling and influx of cash gives them less than 2 years before they are in the negative again.
GB Sciences Announces the Sale of The Majority Interest in Nevada Cultivation Operations to Focus on Its First Two Cannabinoid-Based Medical Compounds for Parkinson's Disease and Neuropathic Pain
9:30 am ET December 5, 2019 (PR Newswire)
GB Sciences, Inc. (OTCQB: GBLX) announced the execution of a Binding Letter of Intent for the Sale of 75% of its membership interests in the Company's Las Vegas, Nevada cultivation and production operation. This transaction will significantly reduce the Company's operating expenses, generate near-term working capital, and provide ongoing cashflow to enable the Company to focus solely on its biopharmaceutical and wellness assets.
The transaction is the next step in the Company's exit from cannabis cultivation and production. The Company is pivoting to focus all of its capital and efforts on advancing GBS Global Biopharma, Inc.'s scientific programs including its three patents, four patent applications and four provisional patent applications. This is in anticipation of interim data on the Parkinson's Disease animal studies expected later this month, which will be readying the Parkinson's formulation for a first-in-human trial. The Company is also developing a wellness business, utilizing its formulations for licensing as nutraceuticals and natural health supplements which allows earlier monetization of its patent portfolio.
At Closing, the $6 million sale of its interests in the Las Vegas operation shall include a $3 million cash payment and a $3 million promissory Note to GB Sciences with the opportunity to sell the remaining 25% interest to the Purchaser in 18 months from Closing. Due to the moratorium on license transfers in Nevada, a Closing date will be set when the moratorium is lifted. The Purchaser will immediately manage the Las Vegas facility relieving GB Sciences from those operational expenses, provide a $500,000 credit line to operations and GB Sciences shall benefit from any available cash flow. The Sale immediately eliminates $5.77 million of annual operating expenses and $5 million for construction to expand the facility's capacity to approximately 300% of its current output. After Closing, GB Sciences will continue to receive 25% of the net profits with none of the expenses.
Andrea Small-Howard, Chief Science Officer of GB Sciences, stated: "We think this transaction is important to the continued success of the Company and its shareholders. It will free-up capital to focus on our most valuable assets through continued development of clinical cannabis and wellness formulations for which the Company has filed numerous patents, progressing the research on our Parkinson's Disease and Chronic Neuropathic Pain formulations towards clinical trials and allowing us to build a robust portfolio of nutraceutical formulations for global licensing. The Company's pivot offers tremendous opportunity to create substantial shareholder value in this untapped segment of the cannabis sector."
READ "ABOUT" BELOW AS DESCRIPTION HAS CHANGED
About GB Sciences, Inc.
GB Sciences, Inc. (OTCQB: GBLX) is a biopharmaceutical research and cannabinoid-based drug development company whose goal is to create patented formulations for safe, standardized, cannabinoid therapies that target a variety of medical conditions in both the pharmaceutical and wellness markets. To learn more about GB Sciences, Inc., go to: http://gbsciences.com.
Forward-Looking StatementsThis press release may contain statements relating to future results or events, which are forward-looking statements. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import may identify forward-looking statements. These statements are not historical facts, but instead represent only the Company's belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company's control. It is possible that the Company's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Further, information concerning the Company and its business, including factors that potentially could materially affect the Company's business and financial and other results, are contained in the Company's filings with the Securities and Exchange Commission, available at www.sec.gov. All forward-looking statements included in this press release are made only as of the date of this press release, and we do not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which we hereafter become aware.
Note: Although the Company's research and development activities are not illegal, the production and sale of cannabis products violate federal laws as they presently exist.
Contact InformationCorporate:GB Sciences, Inc., 3550 West Teco Avenue, Las Vegas, NV 89118 866-721-0297, or Liz Bianco, Director of Publicity liz@gbsciences.com
https://c212.net/c/img/favicon.png?sn=DA57660&sd=2019-12-05
View original content to download multimedia:http://www.prnewswire.com/news-releases/gb-sciences-announces-the-sale-of-the-majority-interest-in-nevada-cultivation-operations-to-focus-on-its-first-two-cannabinoid-based-medical-compounds-for-parkinsons-disease-and-neuropathic-pain-300969844.html
SOURCE GB Sciences, Inc.
https://rt.prnewswire.com/rt.gif?NewsItemId=DA57660&Transmission_Id=201912050930PR_NEWS_USPR_____DA57660&DateId=20191205
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