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This should jump up big with that patent application. The immune response that this drug mitigates is what kills many people because their body goes crazy when it finally realizes it is under such attack. IMO
BREAKING NEWS: $GBLX GB Sciences Files Provisional Patent Application for the Treatment of COVID-19-Related Acute Respiratory Distress Syndrome (ARDS), the Leading Cause of Hospitalization and Deaths, Utilizing Its Cannabinoid Containing Complex Mixtures (CCCM(TM))
LAS VEGAS, NV / ACCESSWIRE / August 26, 2020 / GB Sciences, Inc. (OTCQB:GBLX) has filed a provisional patent application, assigned to GBS Global Biopharma (GBS), Inc., for the use of its new proprietary cannabinoid containing complex mixtures (CCCM™) for the treatment of Cytokine Sto...
In case you are interested GBLX - GB Sciences Files Provisional Patent Application for the Treatment of COVID-19-Related Acute Respiratory Distress Syndrome (ARDS), the Leading Cause of Hospitalization and Deaths, Utilizing Its Cannabinoid Containing Complex Mixtures (CCCM(TM))
GB Sciences Files Provisional Patent Application for the Treatment of COVID-19-Related Acute Respiratory Distress Syndrome (ARDS), the Leading Cause of Hospitalization and Deaths, Utilizing Its Cannabinoid Containing Complex Mixtures (CCCM(TM))
9:00 AM ET 8/26/20 | Dow Jones
LAS VEGAS, NV / ACCESSWIRE / August 26, 2020 / GB Sciences, Inc. (OTCQB:GBLX) has filed a provisional patent application, assigned to GBS Global Biopharma (GBS), Inc., for the use of its new proprietary cannabinoid containing complex mixtures (CCCM(TM)) for the treatment of Cytokine Storm Syndromes (CSS), including acute respiratory distress syndrome (ARDS) in COVID-19 patients. CSS and ARDS are the leading cause of death in COVID-19. Based on data obtained from GBS's two-year study on the use of cannabis-based ingredients for modulating inflammatory processes within human immune cells, GBS's CCCM(TM) were designed to reduce levels of specific cytokines and pro-inflammatory processes triggered by SARS-CoV-2 infections, while preserving those immune functions and cytokines that are necessary for fighting the viral infection.
"Our CCCM(TM) are cannabis-based combination therapies designed to target key cytokines that correlate with symptom severity in COVID-19 patients and are known to cause Cytokine Storm Syndromes, which may lead to hospitalization or even death. However, treatment of virally induced Cytokine Storm Syndromes in COVID-19 patients may not be as simple as using a broadly immunosuppressive strategy because the production of specific pro-inflammatory cytokines may be crucial for immune defense against SARS-CoV-2 infections, or other viral infections in the future," explained Dr. Andrea Small-Howard, Chief Science Officer and Director of both GB Sciences, Inc. and GBS Global Biopharma, Inc. "GBS's CCCM(TM) are also being developed as an adjunctive therapy to be delivered to COVID-19 patients in combination with clinically (FDA)-approved Interferon products for the most beneficial patient results - reduced Cytokine Storm Syndrome while preserving the anti-viral immune processes necessary for fighting viral infections."
Inflammatory disorders represent a serious global health and economic burden with over $200 billion spent annually. The current COVID-19 pandemic has created an increased demand for novel anti-inflammatory treatments to combat the effects of the severe forms of COVID-19.
"These novel CCCM(TM) represent a much-needed alternative for the treatment of inflammatory disorders, including COVID-19 and many other serious conditions," said Dr. Michael Farley, President and Director of GBS Global Biopharma.
"This is a big deal. In plain English, our combinations of specific cannabinoids and terpenes were designed to quiet the immune system's storm without totally disabling the immune system," said John Poss, CEO and Chairman of GB Sciences.
In addition to this new provisional patent application, GBS's intellectual property portfolio currently contains four patents that are issued in the U.S. with corresponding patents issued internationally. Seven nonprovisional patent applications plus three provisional patent applications are pending in the U.S. and 29 patent applications have been filed internationally.
About GB Sciences, Inc. and GBS Global Biopharma, Inc.
GB Sciences, Inc. (OTCQB:GBLX), through its Canadian entity GBS Global Biopharma, Inc., is a dedicated 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.
Forward-Looking Statements
This 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.
Contact Information
GB Sciences, Inc.
3550 West Teco Avenue
Las Vegas, NV 89118
866-721-0297
GBS Global Biopharma, Inc.
200-900 Morrison Drive
Ottawa, Ontario K2H8K7
Michael Farley, Ph.D., President & Director
michael@gbsglobalbiopharma.com
SOURCE: GB Sciences, Inc.
View source version on accesswire.com:
https://www.accesswire.com/603407/GB-Sciences-Files-Provisional-Patent-Application-for-the-Treatment-of-COVID-19-Related-Acute-Respiratory-Distress-Syndrome-ARDS-the-Leading-Cause-of-Hospitalization-and-Deaths-Utilizing-Its-Cannabinoid-Containing-Complex-Mixtures-CCCMTM
> Dow Jones Newswires
August 26, 2020 09:00 ET (13:00 GMT)
added 20K under .035 today. 1st buy in something like two years. brings my .75 avg down by almost half ;)
what a Piece of Doo Doo
Dead Money. has been for years.
should have sold on that last pop into the mid 'teens. must have been 6 months or was it 12-18 months ago, already?
you can refuse to sell and double/triple/8xdown in hope of recouping losses... but don't stare at this one. YOU MAY GO BLIND.
I imagine that will involve an IND application and approval.
It’s a good question.
I’m not a huge fan of either management team tbh,
But with clarification to CBD by FDA in the year 2056 should provide an investable theme to the sector giving patent holders much better valuations.
The trials will
Add a certain
Sexiness for those looking to deploy in that arena
Don't shoot until you see the white of their eyes, which by now have turned red due to the many nights Poss has stayed up conjuring new tales to sucker punch gullible investor victims. Play it as you see it
BC I've seen you on the CVSI board. I just added to my position here too for long play. It interests me that both CV and GB received their patents on the same day. It's a race to clinical trials. Who gets there first?
The most important move you can make when it comes to Penny Stocks & your financial future, is to STOP BULLSH*TING your own self !!! Play it as you see it.
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...
When the PPS is between 2C & 3C, who really gives a sh*t?
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
All pot stocks are hurting. Even the ones that make money. We definitely need to hear from management. I want to know what else they are working on, and how long the cash will last. If company is down to 4-5 employees again, we should make the Doctor CEO, and save some cash. All we need is her, and maybe a couple techs? What could Poss possibly be doing 40 hours a week that's company related? Why are we paying you John?
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?...
As CSO and Director at GB SCIENCES INC, Andrea Small-Howard made $252,457 in total compensation. Of this total $125,385 was received as a salary, $10,000 was received as a bonus, $117,072 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. This information is according to proxy statements filed for the 2018 fiscal year.
CSO - Chief Science Officer
GB SCIENCES INC
John Poss
Executive Compensation
As CEO and Chairman of the Board at GB SCIENCES INC, John Poss made $692,245 in total compensation. Of this total $120,000 was received as a salary, $221,028 was received as a bonus, $351,217 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. This information is according to proxy statements filed for the 2018 fiscal year.