JanOne Inc (JAN)

[kentstate12]

wow, did it ever! wITH SUCH LOW volume i wasn't sure how it would sustain this move. major news coming?

[ddbl_our_buck]

..and today and tomorrow and the next day $JAN

[Wrangler28]

what is going on with investor hub prices, Yahoo finance is at over $7

[Wrangler28]

Low float and money moving in will push this up today

[Principian]

Anyone else wondering how all these seasoned Medical Professionals are being compensated?

[Principian]

Well the Biggest "Red Flag" for Geotraq now under Pierre Parent as GM/CTO running the Show is there still is no FCC Certifications on file. Not even any filings requesting any "Waivers"

Neither are there any Certifications from any of the main Cellular Service Providers such as Verizon or AT&T.

This goes for that original bogus design under Gregg Sullivan and this new design that is advertised as using Sequans Chips.

They are way more than a day late and a dollar short to have a working product in the market. At this point they are more than 3 years without a single sale and a positive feedback of a satisfied customer.

Oh and then there is that worthless Patent. I find it funny there now is hardly any mention of having this "Grand Solution" that only Gregg Sullivan was Genius enough to invent.

[againstallodds]

The old Sullivan dinosaur stuff IMO

[Principian]

Maybe someone in Las Vegas should go see if they are still in that office.

One thing I noticed as part of the JAN/ARCI Balance Sheet they have a note on holding $200K worth of "Chips". I am wondering if this is Sequans Chips they may have bought or are they inflating the worthlessness of those Modules Sullivan kept trying to impress people like me with that actually never worked.

[againstallodds]

Probably will get paid in shares of a worthless other company and not is cash for Geotraq.

Big reduction in intangible assets expected. Monitoring of the financial rations required for the debt holders.

Yhis was written in the sky.

Me thinks Geotraq inoperant since mid april.

Let's see in the expected lawsuit proceeds, and how this will impact Jan.

[Principian]

They are in a pickle for sure. No way any entity would buy Geotraq and then there is the small problem of the inflated Intangible Assets and those Preferred Shares.

[againstallodds]

Looks like JAN will jettison GeoTraq IMO

[DJ Ponder]

ROFLMAO....at low life sullivan.

Greggy, Pizza not allowed in Court…

JuST A HEADS UP FOR YA !

The lil pompous ass.

[againstallodds]

Here's what's coming for Greggy: Court…

Pizza not allowed, and please dress properly in front of the judge…



BUSTED

[againstallodds]

Greggy, Pizza not allowed in Court…

JuST A HEADS UP FOR YA !

[DJ Ponder]

Gregg sullivan scumbag. I almost wish I would have bought stock just to see him squirm.
What a waste of human flesh.

[againstallodds]

What a financial burden Geotraq is!

What is the point of keeping it in the portfolios of companies ?

[Principian]

Shareholder Lawsuit in the works.

I have good information on a possible future Lawsuit that is upcoming. Any prior Geotraq Employees or Shareholders can reach out to me and I can get you in contact with the Law Firm that more than likely will be filing the case. The Firm is interested in shareholders that were allegedly ripped off by Gregg Sullivan and then he up and cancelled the shares then sold out to ARCI.

[Principian]

Geotraq also has not filed any of the Necessary FCC Requirements. That is the biggest impediment to them even selling a single module.

From experience, this process takes about 90 days and they have had Pierre Parent now as the GM for over a year. This is a major Red Flag. This has now been going on for 3 years as to not have completed the necessary Compliance Testing and Carrier Approvals. Till this is complete, there will be No Sales.

Only thing I have seen Geotraq do with Twitter or Facebook is they seem to just be promoting these possible use cases.

Back in the fall, I had a few of my engineers inquire on getting details and after a few technical question emails were exchanged they never responded.

From looking at the numbers, they are still buring thru about $100K a month and that is on top of the ~$1 Million Writeoff they are doing each quarter on the Intangible Assets related to Geotraq.

[againstallodds]

Geotraq pretty much dead on twitter & Facebook

Is it still in operation ?

Most of JAN value in assets is related to Geotraq.

Geotraq never declared ANY SALES...

[againstallodds]

10K late: disagreement with accounting firm over assets?

[againstallodds]

JAN is a cash burning machine

Constantly losing money

Intangible assets way overvalued in the books

Headed towards pre R/S values

Isaac bad CEO

[againstallodds]

Headed towards pre R/S values ??!

[againstallodds]

Intangible assets: 54% of total assets !!!

And they should probably ALL BE WRITTEN-OFF

[Principian]

And let's not forget about those Inflated Intangible Assets too. They should at least have written off that bogus Patent.

[againstallodds]

JAN needs Geotraq asset's in its Balance Sheet

Even if we all know the value of those assets is helium filled

[Principian]

That is correct on those Chips from Sequans being old.

As well not a single filing yet via the FCC for Geotraq being authorized to use them in a design.

The market for IoT Modules as well as Asset Trackers is very crowded. Why buy a product from Geotraq when you can get a complete solution now from major cellular providers like Verizon for less than $7.00.

[againstallodds]

Geotraq old chips inventory now worth zero?

They have been keeping these chips inventory for a while now without ever making a sale with them

They probably are obsolete by now

[canada tommy]

Velmer You horafacicious knikki!!

[snakess]

There are catalysts that can easily proper JAN higher.
1. The company has mentioned that they want to sell the recycle biz. If that happens the cash horde would be huge and could support the pain drug!
The stock would make a huge move if the sell the division for $30-40 million.
2. Geotrac- The Preferred situation is a "money on your back", but i believe they will either spin it off, sell it or joint venture it. All three possible event will make the stock jump.
3. Earnings that is 10k due out in 1 months. if numbers are good the stock pops.
4.Additional management added concerning the pain side of the company again will pop the stock.
5. You can call it a poor man's IPO to raise money by backing a division into a fully reporting NASDAQ company,but this management is very proactive towards shareholder and that is very positive.
Some have mentioned hype- don't see it! They put a press release out explaining the near term future- A gun was not put at anyone's head!
Pain is a huge issue when 192 people die everyday from overdoses of pain killers.
With only 1.9 million shares outstanding u must be in it before the next news release because if you are not then you will miss the move

[againstallodds]

Did JAN pay manufacturing cash or in shares?

Or is it only an agreement but not a commitment

Eager to see how much money JAN lost in the next 10Q

[Principian]

JAN/ARCI since I have been following it from 2017 has had similar patterns. I briefly bought into the Stock as I am more into Technology Investments but then I realized after doing some DD things were not to my liking.

The old saying about "Buying on the Hype and Selling on the News" rings true.

A good chunk of this stock is held by Insiders as well there is a real shady Preferred Stock Conversion hanging in the background in which the Issacs along with a Crony of theirs will be a "Pill that is hard to Swallow" on outside investors. These PRs are an attempt to walk up the price. They failed at the same strategy when doing this via their Geotraq entity.

They'd announce something, retail investors would jump and then when the reality of the matter got closer Attention the stock would fall right back to were it was before it even lower. Go back and look at the spikes over the last 3 years and look at the 8Ks during the same time. It went under the NASDAQ Price Threshold half a dozen times and they had to finally do a Reverse Split to buy them time. Now this while changing to a BioTech is also now suspect IMHO.

Buyer Beware...

[Principian]

this picking a Mfg is odd at this stage in the game. no details of what this would mean as far as how much this is going to cost. This company is a "Contract MFG". This move would be more inline at a later time. The Stage 2 Trials is for the most part is on formulating the drug and then having that go thru a wider human sample set than what was done in Stage 1. you are trying to figure out what dosage levels work and then kind of pick the "Sweet Spot". Its all about the uptake of the drug in the humans and then uping the dosages or lowering them. And from all research I have done so far, this ends up being by far the most costly of the stages of any drug research.

I've been trying to understand a little more on how various drug related companies go thru these Trials and Processes.

So far it is a little strange that all these people coming on board are all from the one company that has been doing the initial research. And what this kind of smells like is they are using JAN as a means to raise money via the Stock Market where they could not do this via their existing entity without going thru all the basic requirements to sell stock to the public. Finance People tend to call this a "Poorman's IPO".

ARCI is then Pumping up the Stock on all these PR Moves.

Then there is GEOTRAQ hanging onto JAN/ARIC like a Dead Weight burning thru their Working Capital with NO Sales.

When are they going to announce that it is time to "Cut Bait" on Geotraq?

[snakess]

so sick of the clay crap about the chart. Now because the jan ran fast and drop fast he decides it was a pump and dump. Show me the pump? they put out a presser release that described the plan of action so investor jumped and then decided it was many months away and decided to sell! If it was pumped then investors pumped and decided that the news was fair not excellent. At least this cmpy put out press releases regularly vs the fact that there are so many cmpy's that do little for shareholders.

[ClayTrader]

Did Guidance Marketing, LLC receive compensation ?

That question is answered on the opening slide of the video, down at the bottom.

[ClayTrader]

The disclaimer is up to date.

[againstallodds]

Huber, where is yous disclaimer for Jan?

Were you not paid $375 by Isaac ?

Please update us

[againstallodds]

Did Guidance Marketing, LLC receive compensation ?

In exchange of working for Jan?

Is Clay Huber still the sole agent for Guidance Marketing?

Tony, how much and how did you compensate Hubet?

[ClayTrader]

* * $JAN Video Chart 02-06-2020 * *

Link to Video - click here to watch the technical chart video

[againstallodds]

TV1001SR Not approved. Manufacture before it is approved???

Long stretch ahead of outflows before generating any revenues...

Eager to see next filings.

[crudeoil24]

CEO > Tony Issac > $$$$$ > Las Vegas !!!!!

[crudeoil24]

JanOne Announces MAnufacturing Agreement For TV1001SR In Peripheral Artery Disease
9:03 am ET February 6, 2020 (Benzinga) Print
JanOne Inc. (NASDAQ:JAN), a company focused on bringing treatments to market for conditions that cause severe pain and drugs with non-addictive pain relieving properties, has executed a manufacturing agreement for the formulation and manufacturing of TV1001SR, a treatment for Peripheral Artery Disease (PAD). PAD affects over 8.5 million people in the United States and there are currently no direct treatments for PAD on the market today. Research Market Future (MRFR) values the PAD market at $3.47 billion in the United States by 2023.1"

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

[Principian]

I wouldn't be surprised if JanOne dumps GEOTRAQ in 2020.

I too am interested in seeing the upcoming 10-K. With Geotraq Bleeding Money with no sales for going on 3 years, sooner or later it will be time to "Cut Bait".

There comes a time, when reality sets in and if you have two Bleeders, you have to make a choice and its clear ARCI is putting its "Eggs" on shifting to BioTech.

They are Rolling the Dice, but it is clear that BioTech seems to be an easier route for Hyping the Stock Price. "Buy on the Hype - Sell on the News"...

[againstallodds]

Why have they gagged the transfer agent???

[againstallodds]

Eager to see consolidated losses next Q

Geotraq losing money

Pharma development is always a money pit

[againstallodds]

What’s the budget to vomplete phase 2A ?

How much mony is Jan committed to spend to complete the clinical trials?

Where will this money come from?

[againstallodds]

Clinical trials are all expenses with no revenues

And the chances of revenues are very slim.

Il original results were that encouraging, there would never have been a pause in said clinical trials.

Jon bought another storyline to try to keep the sp up.

Geotrak is going absolutely nowhere.

[Principian]

Phase 2B Clinical Trials. Invesyors should familiarize yourselves with the Approval processes.

https://en.m.wikipedia.org/wiki/Phases_of_clinical_research

I find it interesting on the statistics being presented. According to the above link approximately 18% of the Drugs make it out of the Phase 2 Trial and approximately only 50% make it past Phase 3.

It would be worth while to understand in this case who actually is taking on the monetary risks. The above link also indicates these phases are the most costly to go thru. Phase 3 being the most costly and Time Consuming.

An investor would have to consider the timeframes for a return on their investments.

It also will be interesting to understand exactly what this Chief Scientist is getting out of this from ARCI/JAN.

Question I have is he still appears to be the CEO of Theravasc so why get into bed with a company such as ARCI/JAN. There is no announcements he is stepping down. So to me this is only a move to build Marketing Creditability.

I dont know enough about the Biotech Industry, but something just like Geotraq here doesn't smell right.

[Principian]

Pump & Dump... kind of funny, the Hype hit before regular trading hours and then fell off fast.

I wonder how many people took the time to actually read the Deal that was struck it is available as part of the SEC Filing. Weird thing is all the key financial details are Redacted except for a $250K Initial License Fee along with an estimate of $6.5 Million.

it appears to me the direction of this deal is more in attempting to resell the same License to possible companies.

The PAD Drug/Treatment is still undergoing FDA Trials. This is a High Risk Move.

In essence the Deal makes ARCI/JAN into a "Middleman". The Deal also had a number of Milestones that were Redacted so it isnt exactly indicative of what ARCI has to accomplish as well as how much capital and timeframes. If milestones are not met, the Deal could Default and all money and fees are Non-Refundable.

[420man]

Grabbed a few 3.50's for the reversal over the next few days. GL

[ClayTrader]

* * $JAN Video Chart 11-25-2019 * *

Link to Video - click here to watch the technical chart video