KalVista Pharmaceuticals (KALV)

[Value_Investor]

LOL, CBYL declined back to $0.49 again! The next two supports are $0.4505 and $0.4401.

Let' see if that very sick merger deal still goes through...

Anyway the planned big Reverse/Split (1:14) should kick in very soon unless we all vote against it!

[Value_Investor]

Can you please stick that post#376 to the CBYL board? Thanks in advance! We all should call the company and let them merge with TNXP to protect our interests in CBYL! It will be the best deal for both Debt-Free and High BV & CV Bio-Tech NASDAQ companies!

Anyway CBYL is up 5.6% so far! $0.4984 seems the New bottom support! Hopefully it will test last week's highs area $0.544 ~ $0.54 again before the end of today...

Now CBYL has Three strong supporting price $0.4401, $0.4505, and $0.475!

Who are those very stupid sellers which put 88K shares at $0.60 and over 130K shares at $0.65?

[Toxic Avenger]

Get him on the phone NOW!

[Value_Investor]

A New Merger proposal to the CEO of CBYL! TNXP is the best merger candidate for CBYL since both companies have Zero-Debt and High Positive Book Value & Cash Value plus TNXP has two FDA-Approved New Drugs (Phase3 and Phase2 respectively)! It is called "Stronger Together Merger"...

In this way the combined company will have very strong cash flow and very strong financial strength without any debt at all plus the two very promised New drugs with FDA-Approval!

Should this deal kick in both public stocks will be doubled within a single day! This is the best solution for both companies and their shareholders! TNXP may take 70% ownership v.s. CBYL take the rest 30% ownership...

[Value_Investor]

CBYL declined to $0.4984 so far from yesterday's high $0.545! Let's see if the price will test $0.475 or even $0.4505 again during the rest of today...

I wish $0.46 ~ $0.47 could hold the New bottom support for this round of price correction so that CBYL can easily test $0.57 ~ $0.545 again!

Anyway the 52-week low is $0.4401 which was created a couple of weeks ago without any bad news at all except the terrible aged reverse-merger deal --- see the link below for the details.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11616426

[Value_Investor]

Another Green day! CBYL hit a new high $0.544 today with a daily low $0.501. Tomorrow or next week it should head onto another new high $0.5835 or at least test the most recent high $0.57 again...

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11458969

[thedetailguyz]

We closed green yesterday. Hopefully today will be the day we get a little volume and price increase. Some news would be fabulous but that's asking for a lot. I'm just hoping for another green day.

[Value_Investor]

CBYL hit the higher high $0.506 today after having broken out $0.50! The daily low was $0.475 which is lower than yesterday's low $0.4801. Therefore CBYL should hit a New high $0.5835 since it declined from $0.57 to $0.4505 after raising from the Bottom $0.4401 first!

Glad to see many many new dirt cheap shares were collected by the new investors who would most likely vote against that sick deal...

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11458969

[Toxic Avenger]

I hope so, but I'd really like to see the big funds repudiate the merger. It makes no sense to me that they haven't. Other than forcing them to take their loss now, rather than put it off into the future, it serves no purpose.

[Value_Investor]

Finally CBYL broke up yesterday's high 0.4999 today and it hit the new high $0.5 with a much much higher daily low $0.4801 (the daily low was $0.4505 yesterday)! Hopefully this upward trend will continue in the coming days so that the most recent high $0.57 (on 10/06) can be broke out and another new high $0.5835 can be built up...

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11458969

[Value_Investor]

Nice to see the higher high $0.4999 today though CBYL hit the lower low $0.4505 as well! Hopefully $0.4505 will be the New bottom support so that CBYL can hit the higher top price $0.5835 (it just hit the New high $0.57 a week ago from the All-Time-Low or Bottom $0.4401)...

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11458969

[Value_Investor]

Obviously the majority of CBYL shareholders don't like that merger deal because the Cash Liquidation solution is much much more attractive to them which could easily reward the basement level (0.4401 ~ 0.57) investors much much safer 100% quick gain...

Therefore I suggest all the CBYL investors to buy as many dirt cheap shares at the basement level as possible so that we could vote against that kind of terrible merger deal to protect our great interest in CBYL!

Once the company withdraw that deal and choose the Cash Liquidation solution all the basement level investors will get Safe and Quick 100% or higher investment return!

Anyway CBYL hit the new low $0.4505 so far! Now it is up 2.37% at $0.475!

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11458969

[Toxic Avenger]

I suspect as it looks more and more like the vote to merge will pass, the price falls. Still don't understand why anyone would vote to sell their cash at 60% off.

[thedetailguyz]

This thing is tanking and nobody knows why. I don't understand it as just a week ago it was trading rather steadily and now it seems like it's a sinking ship. I hope for all of our sakes it goes back up soon.

[Value_Investor]

The current Cash Liquidation Value of CBYL is at $1.14 ~ $0.95 a share which is over 100% higher than the current trading price! Thus all the shareholders should buy as many shares as possible before the voting event in order to vote down that merger deal so that we all shall be rewarded with huge investment return in the short term...

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11458969

[Value_Investor]

If all the individual shareholders plus a couple of institutions vote against that merger deal then CBYL has to go the Cash Liquidation which should give 100% or Higher investment return to all the dirt cheap 0.4401 ~ 0.57 investors! Let's collect as many shares as possible before the voting...

Hard to believe we just broke out very strong resistance at $0.5 (near 400K shares asking at $0.5 before CBYL hit $0.57) last week and yesterday CBYL was closed at the joke low $0.464 with a New low $0.46! In this way we might see $0.4401 testing again as soon as next Monday. In the same time CBYL had built the lowest daily high $0.49 since it hit $0.57. Let's see if it can hit $0.49 or higher on Monday...

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11458969

[Value_Investor]

LOL, yesterday the high was $0.5031 with Tens of Thousands of shares bought at $0.5031 ~ $0.5 v.s. today the Real high is measly $0.48 so far since mere 100 shares bought above $0.48 (at $0.49)! What is going on with CBYL? When shall we vote for or against that very sick deal? I'll definitely vote against it using my x% of OS unless the crap CEO can convince me the two new drugs candidate are worthy $160M ~ $200M or more...

CBYL just hit $0.57 last week! Now it declined back to $0.46 so far! Next week it will test the Bottom $0.4401 again... Sell the pos scam ASAP!

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11458969

[Value_Investor]

No, I don't think so. I'll vote all my shares against that very sick deal and I believe a lots of CBYL shareholders will do the same if they understand that the Cash Liquidation is the best result for all the shareholders in terms of the Safest over 100% Quick investment return from here!

Anyway CBYL is up at 0.47 x 0.5049 now. 0.461 seems the New bottom! I'll buy as many dirt cheap CBYL shares at 0.4401 ~ 0.5xxx as possible against that terrible deal...

[Toxic Avenger]

Because the horrible merger is likely to go through.

[Value_Investor]

LOL, CBYL just rose to $0.57 a couple of days ago! How could it decline 19.123% back to $0.461 today without any bad news at all? It seems $0.4401 will be tested again as soon as tomorrow... The Bottom or All-Time-Low $0.4401 was already tested Twice anyway!

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11458969

[Value_Investor]

CBYL is up 8.7% in the After-Hour session of today! It hit $0.545 which is almost equal to today's high $0.5462. Tomorrow it should test $0.57 again... If $0.57 is broken out then $0.60 ~ $0.65 will be tested again in the coming days/weeks! I wish to hear some good news from the company since no any news for so long!

[Value_Investor]

Who are asking total 102K shares at 0.55 ~ 0.5699 today which obviously blocks the upward way to break up last week's high $0.57? CBYL has already built the higher low $0.49 today (0.4802 last Friday) and it should build another higher new low $0.5xxx tomorrow...

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11458969

[Value_Investor]

Why the merger of CBYL with a private poor company is so terrible?

After the planned merger the New Cash Value will be $0.3946 per share which is down significantly from the current $1.40 per share! And the New Book Value will decline to $0.3464 per share from $1.37 per share! The New OS will be 138,609,342 shares which is up significantly from the current 26,335,775 shares! The New Net Asset will be increased to $48.011M from the current $36.08M.

http://ih.advfn.com/p.php?pid=nmona&article=72569154&symbol=CBYL#D201065DPRER14A_HTM_TOC201065_161

Therefore we all should vote against the proposed merger deal, not mention Very Negative 1:14 Big R/S plan!

[Value_Investor]

The biggest Nasdaq pos scam just hit $0.4803! It seems the 1:14 Big R/S will kick in on next Monday... Sell CBYL ASAP before it is too late!

[Value_Investor]

CBYL is acting like a pos scam today! Why? It declined to $0.511 so far from this early morning's high $0.57 and regular session's high $0.5699! Why the big sell-off today? Anyway near 100K shares ask at 0.60 and 160K shares ask at 0.65 from the Real-Time Level2... Who are those very stupid sellers which blocks up the way to test $1.43 again?

[Value_Investor]

Welcome to the CBYL board! CBYL is on fire today! Huge breaking-out at the most recent high $0.51! A New high $0.57 was just created today and the daily low is 0.4766. The recent highs area 0.65 ~ 0.60 should be tested again as soon as tomorrow...

The only negative thing affecting CBYL to test $1.43 again is: the upcoming 1:14 Big R/S in order to mergering with a private U.K. company! We all should vote against this very sick deal!

[JGold5]

CBYL looking good during power hour. I'm keeping this on watch going into the close and going into the rest of the week.

[Value_Investor]

Who is that very stupid seller which put 276K shares at $0.50 ask to block up the upward movement? Without such huge selling order at the asking price CBYL should have already hit $0.60 ~ $0.65 now... He/She should move up those shares to $0.65 or move them down to $0.45 ~ $0.49!

Anyway CBYL declined to $0.4766 so far!

[Toxic Avenger]

I like the way you think, but I suspect the funds that agreed to move forward with this clearly bad merger have us beat.

[Value_Investor]

I've already bought over 1% of CBYL shares so far! My goal is 10% of OS. All my votes will be against that silly deal unless the CEO could convince me the Two New drugs worth $200M or at least $160M... I suggest all the common shareholders and new investors to buy as many shares as you could to accumulate over 50% of OS in order to vote aginst that deal so that we could have a very nice liquidation plan which will reward us 100% or more investment return for the current 0.4401 ~ 0.51 buyers!

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11458969

[Toxic Avenger]

Good luck. I don't think retail will beat out the funds in on the game.
But class action is not a bad way to get it back. It will just take longer.

[Value_Investor]

In order to break that deal we all should buy as many CBYL shares as possible at the joke low price levels $0.4401 ~ $0.4999! In this way we might have over 50% of OS to vote against this kind of merger deal...

[Toxic Avenger]

This is going to be every securities lawyer's wet dream if the deal closes. Company and large shareholders colluding to discount the value of the company's cash by 60%?
Usually these bad mergers are settled even when there isn't a good cause of action, but when you sell your cash at 40 cents on the dollar, it may get a summary judgement.

[Toxic Avenger]

Let's hope the deal gets rejected so we can all make money!!!!

Don't bet against the market. The wisdom of the crowd is usually right.

[Value_Investor]

Not at all! The "market" knows nothing about that deal's Real value! With exactly the Same deal and the Same fundamental CBYL was trading at as high as $1.43 but at the Huge Discount price levels $0.45 ~ $0.47 today! What you could say about the "smart market" when CBYL hits $1.43 again which is inevitable in the coming months? The so-called "smart market" is actually very stupid! Otherwise why the Same stock could decline 80% one day then it bounced up 80% in the next day with the Same fundamentals?

I wish all you guys could convince over 50% of CBYL shareholders to reject that deal and take a easy 100% quick return! But in reality that deal must have something very good to attract those majority shareholders to support it which could reward us 1000% or more in the short term and time will confirm that very soon...

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11458969

[Toxic Avenger]

The market has already spoken in devaluing CBYL's cash by 60%.

Good question on the the large institutional holders agreeing to take the merger. My guess is that in a liquidation, they have to write off their losses (they bought at much higher prices) immediately. In the merger, they can carry forward the investment and hope for a recovery and if not, at least push off the loss until the timing works out for them.

The new drugs are worth exactly zero. They're just beginning phase I on one and phase II on another. They company may need more cash than CBYL is providing to complete both. And the valuation of the merged company is an accounting calculation. Meaningless.

Stock price is the best measure of whether or not the deal is fair. If you're selling cash at 40 cents on the dollar, then the market is telling you "This deal sucks".

[Value_Investor]

Liquidation for all the CBYL shareholders is the safest way to get 100% or more quick return! But the two New drugs could reward CYBL shareholders 1000% or more return in the short term should anything positive kick in from the coming Spring...

Just ask yourself a quick question: why in the hell would the majority CYBL shareholders support this deal if that deal is a worse choice for them? Unless over 50% of CBYL shareholders vote against the deal to choose the liquidation the coming merger seems inevitable...

The key point here is: how much that two New drugs really worth now? If they worth $200M or more then we actually made a good deal! Currently they worth about $150M from the deal. If they worth less than $150M then the CEO of CBYL had made a unfair deal for us! Cash value is not the only parameter to measure if that deal is fair or not since CBYL is mergering into a company with two New drugs...

[Toxic Avenger]

Are you sure? I believe the split was part of the merger, which still needs to be approved by shareholders.

[harmsen]

Split 1-14 monday

[Toxic Avenger]

Yeah, and CBYL's drugs "could have" been worth billions.
CBYL should liquidate and let its investors put their money into KalVista directly, at least then they'd get full value, instead of 45 cents worth for every dollar invested.

[Toxic Avenger]

That has nothing to do with my calculation, which compares the ROI the KalVista investors are getting on their money (over 100%) in the valuation of the merged company that they own 80% of, compared to CBYL shareholders, whose CASH is discounted by over 50% and their total investment by 90%.

No question that CBYL is a failed company and KalVista still has a chance, but that's not an excuse for discounting cash.

The deal should be killled and the cash liquidated to shareholders.

[Value_Investor]

The combined company will have total $48.011M Net Asset or shareholder's Equity Value while CBYL alone has $36.036M Net Asset. In another word after the merger the total Equity Value is increased by $11.975M! Note, the new company's assets value has not accounted in the Two New Drug's valuation which could be worth hundreds of millions of dollars...

[Value_Investor]

Wrong! The mew company contributes $17.832M cash while CBYL contributes $36.869M cash. Together the combined company will own $54.701M total cash! See the link below for the details:

http://ih.advfn.com/p.php?pid=nmona&article=72569154&symbol=CBYL#D201065DPRER14A_HTM_TOC201065_161

[Toxic Avenger]

Problem is, they've giving that cash away for a 19% interest in another biotech that is overvalued. $56 million invested at KalVista by A and B rounds for 76% of the company is being valued at $150 million.
KalVista investors have doubled their money.
CBYL investors are getting a 60% reduction in the value OF THEIR CASH, not to mention a 90% reduction in the value of their total invested cash.

All this for a company that has 1 drug that finished phase I testing and another (for a disease that affects 1:10,000 people) that is just starting phase I testing.

As of 6/30, CBYL has $1.37 in positive book value, KalVista has negative $18.69.

How the CBYL board and large shareholders can continue to support a transaction which clearly the market feels is bad for the company is beyond me.

I urge all shareholders to vote against the transaction and force the company to liquidate and at least get us back to $1/share value.

[Value_Investor]

CBYL is the only Nasdaq Bio-Tech stock whose BV and CV are Triple of its ridiculous low price while the company is 100% Debt-Free! The liquidation value is $1.14 ~ $0.95 per share based on the company's estimation... Hyper Undervalued now! The cheapest hidden gem among all its peers!

30,000 shares Slapped at $0.48 so far... Hyper Oversold as well!

[Value_Investor]

CBYL was Up 1.83% in AH session of last evening! At 0.5075 x 0.51! Thousands of shares bought at 0.505 v.s. it was closed at 0.4984 yesterday with the New high 0.51!

$1.37 a share Huge Book Value! $1.40 a share Huge Cash Value! Zero-Debt! Hyper Undervalued now and Hyper Oversold since the most recent high $1.43!

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11458969

[Value_Investor]

Yes, CBYL is on fire today! It just hit the new high $0.51... Both the Huge BV ($1.37) and Huge CV ($1.40) are almost Three Times of its current ridiculous low price while it is a Debt-Free Bio-Tech with Two revolutional New drugs pipelines! Easy to hit the most recent high $1.43 again...

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11458969

[harmsen]

Here we go!!!!!

[Value_Investor]

Nice! CBYL is the Unique Cheapest Bio-Tech Nasdaq hidden gem --- both the Book Value and Cash Value are over Three Times of its joke low price! Easy 200% Huge investment return from here...

[harmsen]

In with 10000 shares 0,48