Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
There’s no lack of selling. There’s plenty of selling. There’s lack of buying. & lack of buying support. There were no 75K buy at 0.18$. The buys were 5 K at 0.1680 & then 5K buy at 0.1680 then around 25K buy at 0.17$ & so on. The stock closed at 0.1862$ & no sells happened at bid price was good.
Why do you keep complaining about the PPS and why do you keep depicting the lack of buying and selling as a negative?
If the PPS closes at .15 today, you'll complain. And why? That 75,000 share trade at .18 was bullish. Who cares if someone like you paints the tape back down at .15 at close?
OTC biotech is all about news, and there hasn't been any news lately, so what do you expect?
I don't expect anything to happen until one of these catalysts occurs:
* Completion of the clinical study.
* Publication of the results.
* Re-submission of the PMA.
* FDA clearance.
I believe the first three are coming in 2024. FDA clearance will likely be in 2025, IMO.
They will probably do some financing, but it won't be huge -- not until FDA clearance, anyway.
It’s not about reaching the highs
It’s about not only maintaining the highs but also scaling to even greater highs.
Let’s see what happens!
It must break your heart to see a 75,000 share buy at .18
Have you noticed that often, when you bash, the stock price goes up?
You are a contrarian indicator. Thanks for your efforts!
Surprised to see this closed above 0.14$ today. Usually when it goes up than 0.14$ someone sells huge chunk to bring it back to 0.14$.
No buyers & no buying interest for this stock at all.
GET you labeled it as Non Disclosure of the Royalty type payment arrangement GTI has with Shenghou Medical LLC now know as K2 an entity owned by Faupel and Blumberg.
Also, I stated Faupel and Blumberg are being sued for engaging in unfair and deceptive trade practices in MA, and I stated as part of that is the allegations of numerous non disclosures by them to GIUL in seeking funding via a loan from GIUL.
Previously stated Shenghou Medical LLC now know as K2 did not have the expertise to full fill the terms of the original licensing agreement and I asked a question to be pondered on by GTI Shareholders why would GTI enter into what I my humble opinion my mere humble opinion was a SHAM transaction Licensing Agreement. Sham (noun) a thing that is not what it is purported to be; (adjective) bogus; false; (verb) falsely presented something as the truth;
So in my opinion, solely my opinion Faupel and Blumberg setup and entity to enter into a SHAM licensing agreement with GTI to strip out (a cash flow economic beneficial royalty type payment interest to themselves - where they in fact received monies from GTI which were paid over to Shenghou Medical, LLC now know a K2.
In my opinion solely in my opinion this sounds like self dealing benefiting Faupel and Blumberg at the expense of GTI Shareholders, I am in fact a shareholder of GTI. The only share holder who knows this and has all the facts and paper trail. You can label as you see fit. I would say the Shareholders have an civil action against GTI and others.
LOL I've been trying to have a meaningful discussion for well over a year!
"Cynical and negative responses" might be acceptable, but I expect a cynic to defend their argument, not just mindlessly bash and abuse like Basher #1..... and Basher #2 is privately suing a couple of the Directors for a bad deal he made years ago, so if he wants to talk about his bad deal or his lawsuit, fine, but he's not suing this company, so when he trashes GTHP he's going to have to defend his argument.
The stock has stabilized at 15 cents since the last R/S. It's one of the few times I've ever seen a pennystock stabilize after a R/S (which of course it did NOT do the previous R/S). Cartwright worked magic, IMO, to eliminate the toxic financing -- I've never seen a pennystock get back out of death spiral financing before.
As for the "core business" -- the fluff PR's about Turkey and Africa are long gone, thankfully. The core business is, and always has been, getting FDA clearance, followed by commercialization in the USA or sale of the tech. Commercialization in China? I'll believe that when I see it.
I don't mind that the PPS is stuck at 15 cents. I've been patiently buying since August at or under 15 cents and I'll continue patiently buying under 15 cents but it's not easy getting anyone to sell any significant amount, except for that fluke in June when the toxic hedgie getting investigated by the SEC decided to liquidate. This stock is WAY under the radar. The SMI press releases didn't fool anyone -- I think China Hype worked back in 1999, but China is not sexy anymore.
The clinicals probably won't finish by 03/31/2024 but clinicals rarely finish on time. They increased the clinicals to four locations, which impresses me. I check this site regularly for an update:
https://clinicaltrials.gov/study/NCT04915495?tab=results
Do I believe that SMI will give the company $2 million? No I do not, because I don't think SMI has anywhere near that kind of money. Will they pay the company SOMETHING? That would be nice, because Guided is going to need money in 2024, but more importantly, the Chinese clinicals look legit, so that will fatten the portfolio when Guided submits the updated PMA to the US FDA. And if the NMPA clears the device, SOMEBODY in China will sell it.
We all know that every OTC pennystock play is a gamble. I like the odds here but there are no guarantees. I've done well with pennystock FDA plays where the company got rejected more than once but kept trying so I'm riding this one until the payout or the end.
Guys please stop it, let's have a discussion which we can learn from. I know it's extremely emotional for many traders/investors as the stock went down a lot in the last decade due toxic financing, regulation delays and bad decisions by the management. So yes, cynical and negative responses are somehow understandable. And yet, let's not forget the company is still on the FDA track even with all the past and present trouble. Let's see whether this boat can stabilize itself and discuss its core business
Regarding this accusation of "attacking people personally:"
You said to me in post 15344:
You are seriously unique idiot. I’ve seen idiots but you are truly unique.
YOU are nothing but LIAR & FRAUD.
Seriously man, you need to get a life.
You seem to be in constant angst about this stock.
We hate seeing you suffer so.
What, do you suppose, might you be able to do to end that angst?
It appears practically impossible for this stock to go above 0.15$.
Too bad for stockholders!
Happy new year to all.
Hopefully this year this stock will go up!
I'm just curious, do rainclouds follow you everywhere you go?? let me just fill you in on a little secret....for every share that somebody sells, there are buyers on the other side. those shares are not getting acquired in a shareholder buyback plan. so yes, there are buyers as well.
I'm sorry you're suffering so much.
What could you do to suffer less? Any ideas?
Here we go again. All bids above 0.15$ at 0.17$ & 0.16$ were immediately taken.
It should not come as a surprise to anyone if selling continues at 0.137$ or 0.1361$
Sell, Sell & more sell. The moment bid even dares to touch at 0.15$, it’s immediately taken & selling continues.
Sell at 0.15$ then sell at 0.14$ & then more sells at 0.1361$.
The bid for this stock will never go above 0.15$, ever.
No buyers for this stock. Only sellers.
Very sad state of affairs for this stock.
Do you do anything other than post bullshit?
Stop posting FUD bullshit and I won't have anything to say to you. Keep posting FUD bullshit and I'm going to call you on it. Seriously man.
When the volume is this low, most of it is just MM's making a market. You say the sellers are eager to sell at any bargain basement price but today sellers only sold $734 worth at .136 and didn't sell ANY at .135
There aren't any sellers OR buyers right now. This volume is meaningless. It's peanuts being traded every day. Whatever you're trying to accomplish with your FUD is a waste of time right now. Give it a rest.
And take some time to learn how to read a Form 4. It's worth the effort.
Do you do anything other than attacking people personally?
Seriously man, you need to get a life.
There are sellers of this stock all around. Absolutely no buyers of this stock at all. Sellers are selling at any price they can get, they are just selling it. Todays last sell was for 5400 stock at a bargain basement price of 0.136$
When sellers just want to get out of their long positions at any salvage price they can get, it usually bodes very bad for the stock price. That’s what’s happening here.
When the stock closes over 15 cents, you say nothing, but when the stock closes under 15 cents, you say "it can't rise above 15 cents." It's just silly.
There's 45,000 on the BID at .135 right now -- where are your sellers?
And why the FUD anyway? This stock is WAY under the radar. Nobody is reading this MB except investors who've already heard your FUD message. There's nobody new here. Maybe you should save the FUD bullshit until there's some news.
The oh my god is for the sellers’ sentiment to dump 1K stock even at 0.132$ bargain basement price.
The price goes above 0.15$ but remains there for a very short period of times. The price immediately falls back below 0.15$.
What’s going to happen in next several weeks?
Unless bid goes above 0.15$ it’s next to impossible for this stock price to climb above 0.15$
that trade at 0.132 was for 1,002 shares. Total: $132.26
does that really warrant the exclamation "oh my god?"
If that seller from June 8 2023 came back and dumped under a dime again, that would warrant an "oh my god" from you (and a "hallelujah!" from me), but a trade costing $132.26 is not a reason to lose you cool.
If you're going to freak out and exclaim "oh my god" every time there's a $125 trade under 15 cents, you might want to get some anxiety medication to help you survive the next several weeks.
Except for when it goes above 0.15
Which it has done several times in the past couple of weeks.
oh my god. Seller at 0.1320$
Sellers are literally selling at any bargain basement / salvage price they can get. This is very bad for the stock.
It appears like this stock will not go above 0.15$ ever.
Each & every uptick in bid is taken. However it seems like at least today there’s some support. Till there are sellers at bargain basement prices, it’s very challenging for this stock price to go up.
pacjd, I have no problem with you on a personal level, and I wish giul the best in their upcoming lawsuit. I'm just trying to do some due diligence.
The current standard of care is still the pap smear, although HPV testing is gaining traction. A pap smear is kind of intrusive -- insert a speculum, expose the cervix, and use a brush to gather cells. You say the LuViva scan is "old tech" but the pap smear is older -- invented in 1920 and made available in the 1950's. So I'm not sure what you're trying to say when you say this:
the real scam is GTHP technology is very old and countries like China ect. don t consider the current sound reliable way of testing that intrusive neither does any DR in the USA.
In your mind, what did Faupel and/or Blumberg do that was illegal and/or a violation of SEC regulations?
In your mind, what did GTI do that was illegal and/or a violation of SEC regulations?
the explanations are in the form 4's.
Perhaps you should ask myjo for an explanation?
You could look here :
https://www.otcmarkets.com/stock/GTHP/disclosure
Notice that all SEC transactions in the past two years are BUYS/exercises by insiders. The insiders own a lot of this stock. It was all priced above market with the exception of Blumberg's most recent transaction.
In the most recent Form 4, Blumberg combined some warrants at .25 that were expiring on 12/31 into fewer warrants at .12 and exercised them. He gave himself a really good deal this last time. That was the only one priced below market.
Can someone take a look at couple of Form-4s submitted by Blumberg recently and explain what’s going on?
Did he exercise his warrants? Did he acquire or sold stock below market price or above market price?
There are sellers even at a bargain basement price of 0.1333$.
It appears that this stock has no future.
Impossible for this stock to go above 0.15$
This is a FDA play.
I've had success with FDA plays where the drug or device was rejected more than once by the FDA. The investing public tends to undervalue those and when/if those companies get FDA approval/clearance, the stock really pops.
There are no guarantees in biotech, especially in penny biotech. This is gambling and anyone who says different is lying or ignorant. There's no guarantee that the FDA won't reject the application AGAIN, and if that happens this company goes belly up. It pretty much went belly up after the last rejection but the CEO (Cartwright) somehow replaced the toxic financing and pulled a phoenix from the ashes.
This is my current favorite biotech pennystock gamble. Those who don't like it don't have to participate.
Will the LuViva Scan make Guided a lot of money after FDA clearance? Frankly, I don't care. That's an entirely different play, IMO. I've seen dozens of biotechs get FDA approval/clearance only to discover they couldn't sell the product. (Dendreon might be the most famous.)
But that's putting the cart in front of the horse. I'm here for the FDA play. Study results first, then FDA submission, then FDA decision.... it's not happening tomorrow. The PPS reflects this.
I'm not mentioning SMI because I don't believe SMI has any money. If they prove me wrong and make a payment... icing on the cake. And if they don't, their clinical study won't hurt Guided's chances with the USFDA.
The lawsuit against Faupel and Blumberg is unrelated chatter. The disputed loan amount was only $64,000 and GTHP is not a defendant. The outcome of that case is not going to affect GTHP but I guess there's not much else to talk about right now.
Are Faupel and Blumberg saints? Of course not. Should you believe anything a pennystock biotech CEO tells you over the phone? No you should not. Welcome to penny biotech. I've seen, and made money on, a LOT WORSE.
What does this mean?
...don t consider the current sound reliable way of testing that intrusive neither does any DR in the USA.
You appear to be confident about technology & prospects of this company. Then do you think that current stock price is appropriately priced/valued?
Lastly, Unless your DR walks on water...which I'm sure he/she doesn't, one must ask themselves, would such prestigious sites in the US agree to start a study if the technology was dated and inferior to that of the current standard of care???? NO THEY WOULDNT!!!!!! Also, would Dr. Kong Beihua of Qilu Hospital at Shandong University and Dr. Sui Long, Director of the Gynecology Hospital at Fudan University. Professor Kong is Vice Chairman of the Chinese Society of Obstetrics and Gynecology Society who are widely respected and in the top of their field get involved in a technology that, once again, is dated and inferior??? I THINK NOT.
You really should go back to the drawing board and do your homework this time before you come back and embarrass yourself again.
If your "mere opinion" came from a Dr...then it is not your mere opinion!!! Also not impressive that you know a Dr...i'm pretty sure everyone here knows 1 or 2 themselves. Ask yourself if your DR is a specialist in this field. Lastly...as a shareholder and supporter of the success of GTHP, may i kindly request that you redirect your uninformed/false verbal diarrhoea to another chat site that actually cares.
Get should I ask if your name is slick Rick Richard P. Blumberg and his stock marketing business or Mark Faupel CEO President, as my deceased dad would say dirty water seeks its own level. Plus the real scam is GTHP technology is very old and countries like China ect. don t consider the current sound reliable way of testing that intrusive neither does any DR in the USA. Just letting the uninformed know. FYI, my mere opinion comes from a DR.
Why anyone would sell 8K shares at bargain basement price of 0.1401?
Good luck with that, Paul. Knock yourself out.
FYI, Giul LlC's attorney has outlined potential claims which GIUL LLC might file a lawsuit directly against GTI - GTHP or in the alternative Giul LlC might initiate a SEC complaint against Faupel and Blumberg.
Owed to Shenghou Medical, LLC now k2 on what you called a non disclosed royalty type payment agreement, and by coincidence upper managers of GTHP are being sued by GIUL for non disclosures which are a significant part of GIUL's unfair and deceptive trade practices law suit against Mark Fauple now President and CEO and Richard Blumberg Director at GTHP.
Yes but were talking about monies paid by SMI to GTHP that were then owed to Shenghuo.
But again, I don't care about China or your claims against Faupel and Blumberg. I only care about the clinical trials being completed, the FDA submission, and FDA approval. I believe the FDA will approve the application THIS TIME.
IF GTHP gets any money from SMI, that would be icing on the cake. I don't think SMI has that kind of money. But IF the doctors who ran that study publish their results, that is a huge win for GTHP because they could then submit that study with their US study.
I don't have a beef with GTHP over any of the Chinese agreements. I learned long ago not to invest in China Hype. I did not buy this stock because of anything that might or might not happen in China.
Or Turkey or Africa or anywhere but the USA.
You're asking me why GTHP signed an agreement with Shenghuo? I ask you, why not, in absence of a better Chinese representative?
All I'm saying is that maybe you have a beef with Faupel and Blumberg but GTHP is not a defendant so GTHP doesn't get harmed or helped by the outcome of that case.
In the Summary Judgment decision the Superior Court Judge acknowledged that Giul, LLC's monies were paid to GTHP, by Shenghou Medical LLC.
Get my offer still stands:
GetSerious just have your attorney send Mark Faupel and Richard Blumberg a certified letter inquiring which it was, I will pay your legal bill and then you will know i was only referring to your facts not being correct.. I have no problem with you on a personal level and when you come to realize what I am saying is true maybe you will spear head and SEC complaint for non disclosures.
Perhaps they will not produce the royalties type agreement whereby Shenghou Medical LlC did in fact receive monies from the monies GTHP was paid from SMI, and the shareholders of GTHP will have additional claims or a beef for an SEC Complaint for non disclosures.
Giul LlC's law suit for their engaging in unfair and deceptive trade practices covers Mark Faupel and Richard Blumberg not making adequate disclosures, on in particular is that they did not disclose that Shenghou Medical, LLC did not have the expertise to satisfy its licensing agreement requirements with GTHP. So why was that agreement granted by GTHP to Shenghou Medical, LLC which had no expertise and was Managed by Blumberg, and Blumberg and Faupel had ownership interests in Shenghou Medical, LLC.
Just curious, Paul: How much are you asking in damages?
The disputed loan is $64,000. How much more $$$ might Faupel and Blumberg be forced to pay if they lose all the remaining claims?
GTHP is not a defendant in that case.
That attorney didn't file a complaint against GTHP.
2) ALLEDGES that: Mr. Blumberg, Esq., as an attorney is an officer of the court in Washington State and is held to a higher standard, and attorney Blumberg, under the pains and penalties of perjury gave his deposition testimony, (as a defendant in Civil Litigation, in Massachusetts Superior Court, GIUL, LLC vs Richard P. Blumberg), in which attorney Blumberg lied and made numerous false statements, specifically stating that he attorney Blumberg a Stanford Law Graduate, did not know the plain English definition and meaning of the word “THEY” or its context use, in an email where it was clearly being used to refence “they” the potential investor (GIUL, LLC) was a lender and had lender status. In said deposition it was proven that attorney Blumberg was in fact the original author of said email containing the word “THEY” to describe the potential investor as a lender having lender status.
It is also alleged that attorney Blumberg made numerous other false statements and misrepresentation to the manager of GIUL, LLC, Plaintiff, in Plaintiff’ s ordinary business dealings with attorney Blumberg, as manager of Shenghou Medical LLC now known as “K2”.
3) ALLEDGES that: Mr. Blumberg, Esq., as Manager of Shenghou Medical, LLC, the receiver of GIUL, LLC Plaintiff’s funds, controlled Shenghou’s Bank accounts and received from GIUL’s fund in fundraising via the Federal Wire System. It is alleged based on the below, that attorney Blumberg committed Federal Wire Fraud against the plaintiff GIUL, LLC.
A retired attorney has filed a complaint against attorney Richard Paul Blumberg, now a Director of Guided Therapeutics, Inc (“GTI”), ticker symbol: GTHP, to revoke Blumberg’s license to practice law in Washington State.
Press release: 12-5-23, 12:45 PM ET Legal Newswire POWERED BY LAW.COM
The filed disbarment complaint against attorney Richard Paul Blumberg is based on:
1) Mr. Blumberg, Esq., in connection with fundraising, engaged in conduct that violated Massachusetts securities laws, Massachusetts law barring unfair and deceptive trade practices, and Massachusetts law against conspiracy.
Messrs. Mark L. Faupel, now President and Chief Executive Officer of GTI GTHP, as well as Richard P. Blumberg, Esq., an attorney from the Seattle, Washington area, Blumberg now a Director of GTI GTHP, and Blumberg, Esq., and the other defendants brought a motion for summary judgment to try and end GIUL’s claims against them without trial. A judge of the Massachusetts Superior Court has now ruled denying the motion for summary judgment as to the securities claim, the unfair and deceptive trade practice claim, and the conspiracy claim and permitted these three claims to go to trial.
Followers
|
107
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
15659
|
Created
|
11/06/16
|
Type
|
Free
|
Moderators GetSeriousOK |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |