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everyone has their reason for selling...a 2 year delay getting a USFDA study off the ground might be a good place to start. Using your primiitive valuation metrics, i suppose because some people were selling Citi Group once upon a time at $1 that represented fair value?????
i won't do your homework for you but just go and have a look at other cancer screening device companies and see where they were trading at the inflection points of 1. Starting the study. 2. completing and submitting the study. 3. approval. They are 12% in on the USFDA study and are very much lagging those that you would find in that comp group
What you are missing is. There are investors who are selling at a salvage price of 0.125$.
This much extremely bearish sentiment is there for the stock.
So your statement of “this warrants much higher valuation” based on latest updates in latest 10Q, doesn’t hold the truth test,
to keep that guy in perspective...
FIRST he said the Officers and Directors didn't exist, and the company was fake. THEN he said Cartwright (the CEO at the time) stole all the money. THEN he said they'd never start US trials. And to say all that, he's used multiple usernames (myjo and myjog) to fake the illusion of a conversation.
So whatever he says now... consider that history.
smart money would share their opinion only when they have the position they are comfortable with. As for you, if you haven't spent your allowance money for the week maybe you should add 100 more shares
Really? Then how many you are buying?
Latest 10-Q.......
USFDA study... 12% of the total number of patients needed for the study have been enrolled and tested.
Chinese NMPA.... As of October 31st there are 12 patients left to complete the study
Pretty sure that warrants a market cap far greater than where we are at
Yes, long stockholders indeed need all the good luck in the entire universe for this stock’s bid to go up than 0.15$
Looking at today’s trading, feeling that something very bad is going on here.
People are selling at a bargain basement price of 0.14$ & still there are no buyers. There are only sellers even at a salvage price of 0.13$ as if long position holders just want to get out of their long position at any salvage price they can get. Very very bad!
So happy I added more can’t believe how cheap let’s hope I am doing the right thing good luck y’all $$$$
FIRST you said the Officers and Directors didn't exist. THEN you said Cartwright stole all the money. THEN you said they'd never start US trials. And to say all this, you've used multiple usernames (myjo and myjog) to fake the illusion of a conversation.
I don't "always make sarcastic fun of those who are bearish on the stock (or the company & it’s management)." I'm being unsarcastic and I'm not making fun of anyone when I say this: YOU are full of BS.
Who said I was "bullish on this stock?" I'm not bullish at this time. I think there will be plenty of opportunities to buy in the next six months -- no reason to buy it right now, IMO, unless someone dumps again the way they dumped in June. But the fact that I'm not bullish doesn't mean that I will read your BS without calling it BS.
If you're wondering about the new guy, toohot -- he followed me here because he's frustrated by my negative comments about a stock he's pumping. I think that would be a good stock for you, myjog -- follow toohot back to his pump-and-dump stock. It's easy to find.
OK that was a little sarcastic. 😄
You promised to put me on Ignore. Please fulfill your promise.
You always make sarcastic fun of those who are bearish on the stock (or the company & it’s management).
Why don’t you tell why you are bullish on this stock (or the company & it’s management)?
Yes, by all means, toohot, explain why this stock has "Sell" written all over it.
This is going to be good.
LOL, when you're right, you're right, yes sir.
Why do you think it has “SELL” written all over it? Are you selling/shorting this stock?
Added more trying to average down. Good luck y’all
Will the SEC investigate Fund Raising Activities and Conduct by President & CEO Mark Faupel and Director, Attorney Richard Paul Blumberg at and inside the GTI/GTHP level from its last $3 million dollar raise?
Perhaps such an investigation by the SEC will be initiated. The manager of GIUL, LLC a retired attorney, who is also a shareholder in GTI/GTHP is considering the same.
It doesn't bother you that this has "SELL" written all over it?
https://www.barchart.com/stocks/quotes/GTHP/overview
Is this the reason why you are bearish on this stock?
Is there any other reason why you are bearish on this stock?
Myjog:
GIUL, LLC is suing individually Mark Faupel and Attorney, Richard P. Blumberg individual for unfair and deceptive trade practices in their fund raising activities against GIUL, LLC for funds GIUL, LLC provided to Shenghou which were almost immediately lent to GTI/ GTHP.
Legal Definition of Deceptive - Deceit
A fraudulent and cheating misrepresentation, artifice, or device, used by
one or more persons to deceive and trick another, who is ignorant of the true facts, to
the prejudice and damage of the party imposed upon. People v. Chadwick, 143 Cal.
110, 70 Pac. 884; Reynolds v. Palmer (C. C.) 21 Fed. 433; French v. Vining, 102 Mass.
132, 3 Am. Rep. 440; Swift v. Rounds, 19 R. I. 527, 35 Atl. 45. 33 L. R. A. 561, 61 Am.
St. Rep. 791 ; In re Post, 54 Ilun, 634, 7 N. Y. Supp. 438; Civ. Code Mont. 1895,
May I please know what are the reasons you are bearish on this GTHP stock?
&
If you have any opinions about RDGL & TPST.
Trump was not president when the FDA last rejected GTI.
Besides, Trump was hard on biotech. Under his direction, DARPA slashed biotech funding, and it sent my favorite biotech at the time, AOLS, into an early grave.
As I said before the stock price is extremely sad state of affairs. Those who hold the stock long, they just want to sell it at any salvage price they can get. They just want to get out of their long position. There are no buyers for this stock. Just don’t know what catalyst that might get this stock up! Is there any hope for this stock?! The incompetence literally killed the stock price. This company is having a great product & great technology.
Plaintiff Giul, LLC Wired Funds into Shenghou, LLC based on Faupel and Attorney Richard Paul Blumbergs fund raising conduct on behalf of Shenghou as outlined in GIUL, LLC' s amended complaint.
Given that Funds Were Wired Into an Account Director Blumberg Controlled,- I believe there might be POSSIBLE undertones of Federal Wire Fraud in this matter.
MyJog:
Faupel, President and CEO and one director, Attorney Richard Paul Blumberg are being sued Individual for engaging in unfair and deceptive trade practices in Massachusetts in relation to raising funds from Plaintiff, GIUL LLC, which were subsequently and immediately sent and lent to GTI/GTHP.
Did you miss that part of the Press Release?
WOW a trade of less than $300.00;
If they could not get approvals during relaxed Trump presidency - Who is confident now that they can?
Even if claims are not against GTHP, still a CEO & 1 of the directors are being sued, should the company not have disclosed this to stockholders in either 10-Q or 10-K or any other PR?
If you think that you didn’t do anything wrong then why don’t hide such a thing from stockholders?
Also, if you have nothing to hide then why company’s management don’t have any social media presence? None of the company’s management have any social media presence in either Facebook or LinkedIn or Twitter (now X) or Instagram. Why?
As far as stock price is concerned, it’s extremely sad state of affairs. There are no buyers. There are only sellers & sellers are such that they are willing to sell at any bid price they can get. As if they just want to get out of their long positions for any salvage price they can get. Desperate to dump their stock at any price,
I know what Gene is, I have dealt with him and I am glad that he is gone.
I disagree with you but will keep my personal opinions of Gene to myself.
In speculation, however, maybe Gene's Resignation was based on his wanting to cut off ties with Faupel and Blumberg - only Gene could answer to that and I would not necessarily accept Gene's answer.
True words.
I was sorry to see Cartwright go. If the summary judgement was the reason... Good for Cartwright, bad for GTI.
If Cartwright comes out of retirement to captain another biotech, I would invest, because I believe that what he did at GTI was nothing short of a miracle. He's on the Board at Nanosphere in Illinois.... maybe he'll take the helm. Not a publicly traded company but I'm an accredited investor.
If you look at today’s trading then you will see that there are net sales. There are no buyers for this stock.
GIUL, LLC 9-19-2023 Press Release:
SEE POST BELOW From: GetSerious 10/05/23 5:52 PM
The law Suit by GIUL, LLC is against Mark L. Faupel, and attorney Blumberg , both individually, for Massachusetts securities violations among other things in connection with funds GIUL first provided to a company called Shenghuo Medical, LLC, which funds were lent to GTI.
GUIL, LLC, as Plaintiff, is also bring claims against Mr. Faupel and attorney Blumberg in connection with such fund raising activities for violations of the Massachusetts unfair and deceptive trade practices statute, and conspiracy.
GTI GTHP itself is not a party to the case and so there are no claims in the case against GTI.
Not only you but there are many other investors who are bearish on the stock. This news about a lawsuit on CEO & 1 of the directors, is that information disclosed to stockholders in any 10-Q or 10-K or any other PR?
Very interesting that Gene Cartwright, CEO GTHP, Resignation - came very shortly after the Massachusetts Superior Court Judge issued this summary judgement decision that the Plaintiff- GIUL, LLC, (which is managed by a retired attorney) could continue to proceed suing Mark L. Faupel, now President and Chief Executive Officer of GTI, as well as Richard P. Blumberg, Esq., an attorney from the Seattle, Washington area, Blumberg now a Director of GTI.
he's basically filing a complaint against the top two brokers who trade GTHP.
If you look at the L2 quotes on the OTCBB site you'll see that GTSM is pretty much the top broker on both the BID and ASK sides of the equation, as is true for almost every OTCQB ticker.
https://www.otcmarkets.com/stock/GTHP/quote
In summary: I think he's tilting at windmills. But everyone needs a hobby.
I don't see CFGN on the other OTCQB tickers I watch, but here's their website -- they don't strike me as the kind of entity that would manipulate stocks, but what do I know.
https://celadonfinancial.com/
I'm intrigued by the Shenghuo / GIUL drama. The "Contact" for the Sept. 2023 PR (I'm not going to post his name, but look at the end) is the plaintiff (the owner of GIUL). I haven't looked up his original complaint yet but I will try to find it. At the core is a $64,000 loan.
Here is the "Shenghuo defense" from Feb 2023. Interesting reading!
https://bostonbusinesslaw.com/wp-content/uploads/2023/02/Giul-LLC-v.-Shenghuo-Medical-LLC.pdf
Faupel and Blumberg have some 'splainin' to do!
https://www.law.com/legalnewswire/post-detail/judge-denies-motion-to-end-some-claims-against-persons-who-are-the-ceo-and-a-director-of-guided-therapeutics/
Don't forget to put me on Ignore for all of your aliases -- myjog, myjo, and whatever else you use.
Do you realize that I'm basically the only person who ever responds to any of your posts? If you put me on Ignore, this is going to be a lonely forum for you.
tsk, tsk, temper, temper.
First you said the Directors and Officers were fake and didn't exist. then you said the CEO stole the money and would never start clinical trials. Yet you think YOU "add value to this forum."
I have never personally attacked you -- I only ask you to explain what you wrote, which you never do. I have never called you an idiot and I have never said your IQ is low. You, on the other hand, personally attack ME every time you respond to one of my posts. Think about it.
You are seriously unique idiot. I’ve seen idiots but you are truly unique.
I was never basher of the stock. I was basher of incompetence.
Be a man & start buying.
If you don’t have money to put where your filthy mouth is, then shut up.
Start buying if you think stock is going to go up.
You haven’t provided any value add to this forum & always personally attacked me.
Many times in the past I ignored you but it seems like for a low IQ person like you, it’s required for me to state explicitly that I’m ignoring you. Period.
Put up all you have for 13 cents.
Since you DON'T think it has potential to go up, put your stock where YOUR mouth is.
Do you have any stock to put where your mouth is?
Oh wait
You are just empty word basher.
Be a man & start selling. Will you?
Unlike you, I’ve many more. How much you are willing to buy & what price?
My challenge is still open, if you think that this stock has potential to go up then where are your buys?
Put your money where your mouth is.
Do you have any money to put where your mouth is?
Oh wait
You are just empty word pumper.
Be a man & start buying. Will you?
According to my Bloomberg, Auctus had 365,800 shares prior to the last financing last September which were sold in January and beginning of February of this year....according to their last filing March 23, 2023. So it looks like all they have left is what they have from that last financing...all of which is underwater. That said, i agree that they are probably not likely to be a seller of GTHP in the face of a SEC investigation.
Does myjo agree with you, myjog?
You're right of course. I don't know that it was Auctus dumping on June 8th. It might have been all those Directors and Officers you claim don't exist.
Or was it you dumping on June 8th? Got any more?
Birds of a Feather Flock Together!
I wonder who at GTHP got Auctus Fund Management to invest into GTHP?
Does anyone here know?
My speculative guess would be Richard Paul Blumberg, ESQ, Director GTHP, also ,Manager of Shenghou, LLC now know as "K2".
And how do you know that June 08th dump was from Auctus?
Also, if you are confident about the stock’s potentialthen how does it matter who’s dumping and who’s not?
My challenge is still open, if you think that this stock has a potential to go up, then where are your buys?
Nobody wants to buy until they're confident that Auctus has finished dumping. That June 8th dump made everyone cautious.
Auctus didn't register as a securities dealer.
It's dry reading, but I recommend reading the SEC complaint.
https://www.sec.gov/files/litigation/complaints/2023/comp25741.pdf
This is really interesting to discuss. This epitomizes the risks and hazards of OTC trading, IMO.
The SEC is specifically calling Auctus a "toxic lender." My definition of "toxic lender" is a lender that also shorts the stock, sending the borrower into a death spiral. GTHP suffered from that kind of toxic lender between 2014 and 2019, but the PPS held after that 2019 R/S and I don't think it would have held if Auctus was shorting.
Can you please explain briefly what's the violation here by Auctus? We all know they had "toxic" convertible debt which was restructured a few times. But what's illegal here? Convertible buying under market price is common within OTC penny stocks
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