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 appears to have been lots of buying volume today, historically speaking.
Moderate volume again today. I think we’re really close.
I bet they are working on one right now... its TIME
Get it together Dr.Weis, daughter and investment firms, make a deal happen within the next few weeks, after I've had time to buy a more shares...
“several dollars in a couple of years” will make you a multimillionaire with all of the OVIT shares you own, bt2. I hope you are right.
I agree with initial stock price going up to 40 cent range, BUT if you hold on, with low share outstanding, I think it could be several dollars in a couple of years. For example even if they triple the number of shares with completon of merger, $2 x 60 equals $120 million, which is nothing for a good biotech.
Dream about that one for a moment. BOOM................
Wow. That would get my losses back and even give me a decent profit if it ended up at .30-.40.
One would think in the ongoing talks with the Weis family they would look at Alex’s stock buys. Most were in the .60 -.70 range so I’d think they would start there. After negotiations they get beat down a bit to .30 - .40?
sharky: Any idea where the SP could end up in a “Best Case Scenario”? I have no idea what to expect. This is a first for me. TIA.
Based on conversations recently I’d assume reverse merger. Plenty of shells out there to be had but a bio shell with this low of share count is a rarity. With bankruptcy out that’s my guess. I think buyers start coming in. Momentum seems to be turning positive for us.
Any idea what the END GAME will be, shark?
New buyers will start coming in soon
Anything is better than nothing, gi. I’d given up on OVIT. I’m stuck with it because it’s in my SEP IRA so no Capital Loss Deduction for me. This truly would be like Lazarus rising from the grave.
Thanks, I hope we at least make some of our lost OVIT investment back, if not even make a good profit.
I also hold a sizable position. Would consider adding another 100k at this level. I was told few days ago there were couple options being discussed. No details unfortunately but bankruptcy wasn’t one of them. Take what you will from that. Wish I knew more.
Welcome back, gi. Between INNV and OVIT, I hope we have at least one winner.
Still holding here too. Hopefully we see this come to fruition this year.
Yeah, at this point it’s probably worth the risk/reward at only .03 /share. My DCA is a whopping .17 so that would certainly help lower it.
yeah, Im thinking of picking up another 100,000, because it could be a HOMERUN and that's small dollaar amount compared to what I have invested in it already
I might throw another $5K at it and pick up another 150K shares. Call it a Hail Mary.
just saying the risk reward at 3 cents is awesome and if you aren't in the game yet, a GREAT speculation at that price.
Yeah, I’m not buying anymore shares either even though my DCA is .17. Sure, I could average down but this is still VERY RISKY. Throwing good money after bad money has gotten me into a lot of trouble.
I would love to buy shares at this level, BUT I already have a lot of money invested in OVIT already at much hgher prices. But my guess is that we all will do just fine. The stock traded over a dollar a share a few years back. LOW number of shares outstanding
No Sir, as far as I remember, I bailed out of OVIT in February 2016, when I found out that they lost their lead protocol, OVI-123 before they went dormant in April 2016. I lost a lot of money. I am considering getting back into OVIT, but would like more news on a possible reverse merger/new protocols and would like to at least wait another couple of weeks, for hopefully more investment capital to be available to me.
gi: When did you decide to bail out of INNV? Just this week?
Yes, except I am no longer an INNV share holder. I bailed out for the tax write-off.
How can we substantiate these reverse shell merger rumors?
I would doubt Weis or his family would let OVIT and all its' share go bankrupt.
The shell is worth something.
Even if Weis or his family could create/patent a new protocol, it would bring OVIT back to life.
I would like to wait another couple of weeks before I buy back into OVIT. Does anyone have any advice about that?
Thank you.
correct, new management and new technology, BUT the Weis shares will participate in that growth, just like we will.......
If our shares = the Weiss family 5 million shares, then that is a good thing. We both benefit if they get maximum value out of whatever happens.
I don't think Weis will be in charge of OVIT if it comes back. It sounds like a reverse merger into a new company with new leadership and new protocols is what's being speculated about here.
The decision he made to " go dormat", several years ago, was a conscious one that allowed the company to be resuurrected later down the road. IF he wanted to hang it up or quit back then, it would have been eaasier to liquidate thru a bankruptcy.
So it now looks like the time to exit the dormancy will soon be over . Details will be very interesting.......... It could be awesome for existing shareholders because our shares are the same as the 5 million Weiss family shares. And Im sure they will want to maximize te value of them.
Ya sharkey1 is no shark at all, more of a well...you know. I guess losing money is ok with him? FYI, I don't wish bad on Dr.Weis, I hope best for him, but I see no issue with anyone trying to earning back some lost OVIT money. Why would he want to hang onto dormant OVIT forever anyway? Either crap or get off the toilet...
Haha. Mr SELF RIGHTEOUS just showed up to show us THE WAY. GTFO.
You just don't get it, do you
some times it's not about the money
Thanks for reply, however I don't understand your reluctance to buy the stock. When a deal is done, the 5 million shares owned by Weiss family will go up and be passed down to his daughters... even a dollar a share is $5 million...
m.facebook.com/groups/124966880852161/
I'm having trouble copying and pasting with my android phone. That's the url for face app to elite. Now there is a guy over there that said something about a merger. But I am sure you had heard all the rumers before. And I do hope every one here that has lost money on this stock makes it back. Don't get me wrong. But I will not invest now knowing the circumstances
Good luck
what is the Elite face page ??
gi, there were 30K sells and 3K buys today. Profit taking on a Penny Stock. Lol.
gi, the difference is that I never sold out. All 150K of my shares are in a SEP IRA and they are still there. I can’t take a stock loss for a tax deduction in a SEP IRA. Therefore, they are staying there forever unless OVIT rises from the ashes and I get my $25K back. I’m not a vulture circling over the “soon to be” remains of Dr Weiss. That’s totally absurd.
Sharkey1, I understand what you are saying, but if someone has already lost 25K+ and sold out...Getting back in and to try and recoup some losses is not being a vulture...
Was the volume today buys or sells?
Hahaha. Whatever you say. I’m fine with what I’m doing. I’ve been a shareholder in OVIT for close to 3 years and I’m down $25K. It’s called an INVESTMENT. In this particular case, a very bad one.
But we don't buy the stock and circle like Vulchers, waiting to pic the bones, have some respect
Life goes on and no one lives forever. If his daughter, the MD, can revive and resuscitate her father’s DREAM, then that would be a great legacy for Dr Weiss to leave behind.
I heard that over on the Elite face page last week, looks like OVIT may be a good play, but I will not touch this stock, just to make a profit, it’s not ethical , I only pray Dr. Weis recovers,
GOD Bless his family and hope he gets better
Hopefully it’s what you predicted over a year ago .... the “Reverse Shell Merger”. Would that be mind blowing or not?
Well, can you find out if Weis is still healthy and in charge of OVIT? Can you find out if a reverse merger or new protocols are going to be added to OVIT and if it's going to go back into business?
STOCK CONTINUING TO TRADE LAST SEVERAL DAYS, INTERESTING...............WHATS NEXT ?????
Followers
|
24
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
772
|
Created
|
01/16/10
|
Type
|
Free
|
Moderators |
OncoVista Innovative Therapies, Inc. (OVIT)
Please see the bottom of the iBox for a contrary view on this stock.
http://www.oncovista.com/
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.
Management:
http://www.oncovista.com/index.php?option=com_content&task=view&id=67
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:
http://www.oncovista.com/index.php?option=com_content&task=view&id=91
http://finance.yahoo.com/q/h?s=OVIT.OB+Headlines
-----------------------
AdnaGen
News from AdnaGen site, which is majority owned by OVIT
http://www.adnagen.com/HTML_Dateien/e_news_news.htm
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
----------------------
Filings:
Share Structure:
Authorized Shares
147,397,390 as of September 30, 2011
Outstanding Shares
21,370,725 as of September 30, 2011
All messages, including iBox content, are the opinion of the posters, are no substitute for your own research, and should not be relied upon for stock trading or any other purpose.
Please keep your posts on topic because your message(s) will probably be deleted when:
* Posting content that's off-topic to the subject of this board;
* Posting statements that don't add value to the discussion; or
* When you violate any other posting term of the iHub User Agreement: http://investorshub.advfn.com/boards/complex_terms.asp
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |