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OncoVista Innovative Therapies, Inc. (OVIT)

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Last Post: 2/27/2021 8:54:11 AM - Followers: 19 - Board type: Free - Posts Today: 0

OncoVista Innovative Therapies, Inc. (OVIT) 


Please see the bottom of the iBox for a contrary view on this stock.





Company Information:

OncoVista Innovative Therapies, Inc.
14785 Omicron Drive
Suite 104
San Antonio,, TX 78245

Phone: 210-677-6000


CIK:  0001094847

The latest 10Q can be found here: http://filings.issuerdirect.com/data/1094847/000114420411063209/v240119_10q.pdf

Link to clinical trials register: http://www.clinicaltrials.gov/ct2/results?term=cordycepin 

Neither of the two cordycepin studies registered with clinical.trials.gov has been updated for over two years, which is a breach of registration conditions.



OncoVista Innovative Therapies, Inc., is a bio-pharmaceutical company that claims to be dedicated to providing innovative, safe and efficacious treatments for cancer through the use of biomarkers in order to extend and improve the quality of life for patients.

Based in San Antonio, Texas, OncoVista was incorporated in 2004 and says it utilizes state-of-the-art drug discovery technologies, innovative clinical development and registration strategies as well as emerging technologies to bring to market new, safe and highly effective anti-cancer drugs. Although no such drugs have yet been brought to market, and the "incubator" behind Onco Vista, Technology Innovations, LLC, has a long and inglorious history of transferring monies from its publicly held spin-offs such as Biophan and Natural Nano into private hands.






Claims made by Onco Vista regarding its Core Capabilities for Accelerated Drug Development

Lipitek International
Well-equipped research labs for chemical synthesis and biological evaluations; GMP manufacturing suite

UT Health Science Center (Prof. Luduena)
Biological evaluation and testing of new anti-mitotics, including tubulin isotype-specific assays

University of Alberta (Prof. Tuszynski)
Molecular modeling, computer simulation of new molecules, molecule design and in silico screening

AAI Oncology (Paris)
Global oncology-focused clinical Contract Research Organization (CRO)

Cancer Therapy & Research Center (CTRC)/Institute for Drug Development (IDD)
In vitro and in vivo capabilities; Phase I/II clinical trials

Other Local Resources (nothing to do with Onco Vista per se: probably included here to give an impression of referred respectability).
Southwest Oncology Group
Southwest Foundation for Biomedical Research




Press Releases:  











News from AdnaGen site, which is majority owned by OVIT



OVIT used to own 78% of the issued and outstanding shares of AdnaGen*


* On November 2, 2010, OncoVista Innovative Therapies, Inc. (the "Company") entered into a Stock Purchase Agreement with Alere Holdings Bermuda Limited Canon's Court ("Alere Holdings"), whereby the Company sold all of its shares, representing approximately 78.01% of the total issued and outstanding shares, of its majority-owned German operating subsidiary AdnaGen AG ("AdnaGen").   Under the terms of the Stock Purchase Agreement, the Company and the other AdnaGen shareholders agreed to sell their respective shares of AdnaGen, and all AdnaGen related business assets, to Alere Holdings in consideration of: (i) a $10,000,000 up-front;  (ii) $10,000,000 in potential milestone payments contingent upon the achievement of various balance sheet objectives within 24 months; and (iii) up to $63,000,000 in potential milestone payments contingent upon the achievement of various clinical, regulatory and sales objectives within 36 months (collectively, the "Consideration").  The Company is entitled to receive its pro rata portion of approximately 78.01% of all Consideration.http://www.sec.gov/Archives/edgar/data/1094847/000114420410057309/v200923_8k.htm







Share Structure:

Authorized Shares

147,397,390 as of September 30, 2011


Outstanding Shares

21,370,725 as of September 30, 2011











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#694   The Reddit fam! sharkgroupsn 02/27/21 08:54:11 AM
#693   Hmmm...who's buying around $11k of OVIT shares? gi197845 02/25/21 03:01:50 PM
#692   OVIT=LOL gi197845 01/28/21 04:37:40 PM
#691   SPAC’s are on fire sharkgroupsn 12/24/20 08:34:09 AM
#690   It's back to life. gi197845 12/23/20 04:14:53 PM
#689   Bid .015 vs. Ask 11.0 gi197845 11/07/20 10:08:29 PM
#688   Sell! Sell! Sell! gi197845 10/27/20 04:26:06 PM
#687   Buy! Buy! Buy! gi197845 10/27/20 04:25:46 PM
#686   Woah, such volume!!! gi197845 10/07/20 12:00:45 AM
#685   OncoTwista! gi197845 10/01/20 03:15:54 PM
#684   Win Win! gi197845 08/07/20 09:43:59 PM
#683   My average PPS is .0342. gi197845 07/03/20 12:45:10 PM
#682   Oooh Yaaa! Ugh! Big volume! gi197845 07/02/20 12:31:31 PM
#681   Oooh Yaaa! Ugh! Big volume! gi197845 06/23/20 11:34:40 AM
#680   Uh Oh, someone is selling! Someone knows something! gi197845 06/15/20 03:38:51 PM
#679   Major volume! gi197845 05/21/20 08:49:24 PM
#678   OVIT is awesome and will win! gi197845 04/27/20 11:11:14 PM
#677   Well, OVIT jumped the shark years ago, it's gi197845 04/16/20 03:13:42 PM
#676   I don’t recall OVIT ever trading pre market sharkgroupsn 04/08/20 12:02:14 PM
#675   Had premarket trading volume today (I have never Salexander1 04/08/20 11:11:29 AM
#674   What a joke! gi197845 03/27/20 10:55:54 PM
#673   CDEL 800k bid ????? sharkgroupsn 03/20/20 01:46:58 PM
#672   @gi197845 so you’re saying they might have the sharkgroupsn 03/11/20 07:42:49 AM
#671   Wow! What a great company OVIT is...Not!!! gi197845 03/09/20 06:41:44 PM
#670   Still a dormant pharma company, how dumb! When gi197845 02/26/20 12:33:14 PM
#669   Wow, huge volume today, 200 shares traded hands. gi197845 02/07/20 10:57:00 PM
#668   Down she goes and where she stops, nobody gi197845 01/28/20 12:51:16 PM
#667   LOL, that would be a no! gi197845 01/13/20 03:21:40 PM
#666   I’ll buy however many shares you have @ sharkgroupsn 01/13/20 10:32:09 AM
#665   Because I could be wrong and I've already gi197845 01/13/20 10:07:38 AM
#664   If you are convinced it's a bust why Bbradley8 01/12/20 01:30:24 PM
#663   It's a bust, it's always been a bust gi197845 01/08/20 07:58:57 PM
#662   Bbradley8, I could not disagree with you more. gi197845 12/19/19 10:26:45 AM
#661   gi97845 I couldn't disagree with you more. In Bbradley8 12/18/19 02:34:22 PM
#660   For years hopeful, yet scammed investors have been gi197845 12/18/19 11:46:26 AM
#659   No one is spending $7,500 on 500,000 shares Bbradley8 12/17/19 12:26:44 AM
#658   What does it really mean though? Is OVIT gi197845 12/14/19 01:01:24 AM
#657   Bbradley8 is correct here. I’m guessing the SP sharkgroupsn 12/13/19 09:50:00 AM
#656   Your response makes zero sense gi197845 and if Bbradley8 12/12/19 05:14:30 PM
#655   They want 500,000 shares of this cheap stock/dormant gi197845 12/12/19 04:52:21 PM
#654   It's clear someone is trying to accumulate shares Bbradley8 12/12/19 02:42:45 PM
#653   I agree GI, OVIT is screwed and so gi197845 12/11/19 03:19:55 PM
#652   One has a greater chance of winning the gi197845 12/02/19 02:52:57 PM
#651   In general, little bio’s cause huge losses, 93.25% gi197845 11/27/19 12:14:19 AM
#650   I think a privately traded company, like OVIT gi197845 11/25/19 09:41:58 AM
#649   Great volume today...NOT! gi197845 11/20/19 09:12:23 PM
#648   Why wasn't there a custodianship hearing years ago? gi197845 11/12/19 10:48:40 PM
#647   Yes, very dormant..... I expect a custodianship hearing StudiousDDpays 11/08/19 04:13:51 AM
#646   Chop chop, someone hurry up and buy this gi197845 11/06/19 08:32:30 PM
#645   I don't think OVIT can do anything until gi197845 10/31/19 09:09:26 PM
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