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What the hell are you talking about?
from yahoo
"This is not a new IPO. the company was traded about 15 years ago, they went bankrupt and investors of the common stock holders lost everything , then they went private and went bankrupt again"
Shorties ruined the party but suspect they will cover before results are presented, they wouldn’t be presenting news in a public forum if it was bad results.
Sub $11. No continuation of pre-market run.
Great news, squeeze triggered as clinical trial results presented at upcoming meeeting!
Been watching this awhile now.
Have a position. Potential for sure.
* * $ORGO Video Chart 03-11-2019 * *
Link to Video - click here to watch the technical chart video
Could squeeze to $40s
Watching this one
Conference fueling another epic squeeZe...on watch.
Gonna run here from $8 ?
I wait for $5
What happened to the price of this stock? One day it is $550 and the next week it is down to $14.00.
Not really sure either
Will be interesting big to see what they do with it
Wouldn’t surprise me
Pretty good possibility of it heading up from here
I think his tweet was, sold at 350 and covered at 80.
Then he said jk. Posted the pic of the trade. Not the short. Lol. Ahhhh. The MMs must have it good.
There is one dude on Twitter who screen shot his PC. Bought 10 @ $75
And sold the top @$350. Hahaa. That's awesome for him.
A similar one hit 550 today. Wondering if there's any more steam.
Watched some low floater cryptos last year, run up into the $1,000's
From $25 dollar range.
Risky as AF. Lol
Any idea why it has traded up to these levels? Thanks.
ORGO $161 x $165, u do the math. IMO!
SOMETHING NOT RIGHT W WARRANTS .. THEY DIDDNT MOVE MUCH YESTERDAY AND DOWN TODAY
CANT FIGURE IT OUT...
thanks, I agree.
SOMETHING STRANGE , MAYBE THESE WARRANTS NOT THE SAME??
WHAT DOES THE SHUT DOWN HAVE TO DO WITH IT??
Yep strong buy because they are in the money so much. Add to it $316 million of assets. What about the wound company that is coming into this deal with 300K sf of manufacturing space. this is a real DEAL! Worth billions. the company will get the 316 million in cash to perhaps grow or do other acquisitions. Monster potential.
The conversion is $11.50 but you need two warrants to get 1 share. Either way these warrants are like $140 in the money IF you can convert them quick. With the shutdown I dont see that as likely.
Its in the filings. NOTE 3
https://www.otcmarkets.com/filing/html?id=13054523&guid=78y8UFsYtmFFk3h
Note 3—Public Offering
In the Public Offering, the Company issued and sold 31,000,000 Units at a price of $10.00 per Unit, including 1,000,000 Units issued upon exercise of the Over-allotment Option. The Ordinary Shares and Warrants comprising the Units began separate trading on November 29, 2016. The holders have the option to continue to hold Units or separate their Units into the component securities. Each Unit consists of one Class A Share and one Warrant to purchase one-half of one Class A Share. Two Warrants must be exercised for one whole Class A Share at a price of $11.50 per share. The Warrants will become exercisable on the later of 30 days after completion of the business combination and will expire five years from the completion of the business combination or earlier upon redemption or liquidation. The Company may redeem the Warrants at a price of $0.01 per warrant upon 30 days’ notice, only in the event that the last sale price of the Class A Shares is at least $24.00 per share (as adjusted for share splits, share dividends, rights issuances, subdivisions, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which notice of redemption is given. The Company will not redeem the Warrants unless a registration statement under the Securities Act covering the Class A Shares issuable upon exercise of the Warrants is effective and a current prospectus relating to those shares is available throughout the 30 day redemption period, unless the Warrants may be exercised on a cashless basis and such cashless exercise is exempt from registration under the Securities Act. If the Company redeems the Warrants as described above, management will have the option to require all holders that wish to exercise their Warrants to do so on a cashless basis, provided an exemption from registration is available. No Warrants will be exercisable for cash unless the Company has an effective registration statement covering the Class A Shares issuable upon exercise of the Warrants and a current prospectus relating to such shares. If the shares issuable upon exercise of the Warrants are not registered under the Securities Act, holders will be permitted to exercise their Warrants on a cashless basis. However, no Warrant will be exercisable for cash or on a cashless basis, and the Company will not be obligated to issue any Class A Shares to holders seeking to exercise their Warrants, unless the issuance of the Class A Shares upon such exercise is registered or qualified under the securities laws of the state of the exercising holder, or an exemption is available.
DO YOU HAVE ANY PROOF OF THE 11.5 CONVERSION ?
ask Chessmaster, he may know.
IM WONDERING WHAT THE CONVERSION IS ?
ORGO $241.47, ORGOW definitely a strong buy @ 0.25 IMO!
WOW IF THATS ACCURATE
DOES ANYONE WHO CONVERSION PRICES ETC???
To the guy who asked my why its cheap?: I think its cheap because not many people know about it.
The company filings show $316 million in the bank! The cash value of the stock is at least $10/share. They are buying a wound care business with international distribution and 300K sf of manufacturing space. Based on the size of similar companies this is a multi billion dollar operation and the stock is seeking a fair value. What is completely undervalued are the 5 year warrants at 11.50 strike.
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