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Never invest in Biopharmas
Given that what maybe 95% of never amount to nuthin' !
I learnt THAT lesson long-ago
No more PTX in most accounts, def in mine
Apparently CUSIP expired
Freaking lying thieves. Karma will get them, or something worse
Hopefully there will be some type of recourse
Well, that sucks! RIP Pernix. Website now reroutes to curraxpharma.com
PTXTQ: BK PLAN effective. All shares cancelled.
https://otce.finra.org/otce/dailyList?viewType=Deletions
Summary
Date/Time Event Type Eff/Ex Date/Time Symbol Issue Name Market
06/25/2019 10:58:04 Bankruptcy Plan Effective/Shares Cancelled 06/25/2019 10:58:00 PTXTQ PERNIX THERAPEUTICS HLDGS INC Common Stock Other OTC
Details
Current Value
Daily List Date/Time 06/25/2019 10:58:04
Event Type Bankruptcy Plan Effective/Shares Cancelled
Effective/Ex Date/Time 06/25/2019 10:58:00
Symbol PTXTQ
Issue Name PERNIX THERAPEUTICS HLDGS INC Common Stock
Class
Market Category Other OTC
Offering Type No Restrictions
Daily List Comment
Lmao remember how I was told 2 years ago that it's going to be bought out @ $20
hahahaha Sedor is a gem CEO!!!111
Do we know yet what the fraud was and who was involved in the fraud? Can anyone give a detailed description?
I hope so. Court filings don't look good, but nothing is over until its over
I just can't bring myself to believe that a winning CEO like John Sedor would end his career like this or allow himself to being completely duped by High Bridge
Good luck to all, the end is near
$PTX
Yes, paid out like DNDN
You think commons survive?
Filings Out now the Squeeze Tommorrow!!!
This will Squeeze along with OREXQ which PTXTX also Owns.
https://cases.primeclerk.com/pernix/Home-DocketInfo Court Dockets Link
.021 Blasted with Hearing coming tommorrow
Hearing today pushed to May 2 at 10am
Kind of odd........something seems to be up
Something good hopefully if there was a reason to move it
$PTXTQ
WARNING: if Sedor lied about Silenor OTC, it would be an easy lawsuit to pretty clear criminal investor misrepresentation and, consequently, theft of their investments, and if OTC is real, then only this asset will have enough potential to pay everyone to the maximum - otherwise the current BK it is nothing more than outright theft and requires active opposition from fooled investors
Hay man. Have not see you in ages. I was thinking about throwing some $$$ back into this soon. Not going to pull the trigger today though but see an opportunity here even in the midst of this chaos.
Some of my trades here worked well some did not. Have not held any for a long time but sorta thinking about re-entry. hmmmmm what to do?
GLTY!!
It will be dead until ST shuts down. They’re smart keeping that board open.
Terrible board this is .... I am on the list though :)
There’s hope for long commons but any position picked up after BK announcement might be dead money. My opinion anyway...
GLTA
But it makes a cool noise when you post.
Lol. The password is also limited to 10 characters. Weird choice.
Wow this app doesn’t recognize emojis...
Chillin for now. Waiting for mid April court dates for more info ??????
UGH, this feels all seedy back room-ish. I guess we're all pretty soiled after that once over Sedor gave us.
Nah bro, 2 pennies and a nickel
Run back to 2 dimes soon
Then Sedor might pull that unicorn out of his ass and give us a MOAB
Hopefully.......
Cool we are at 5 pennies now ????
Just re-read the NOL for the 20th time. Still think this is the key to survival.
Wow Biggpapa is here. Guys, PTX board on ST still alive
I am here in the depths of hell
You ?
What up playa
Patiently waiting for run to get out......
But will hold 3k or so shares just in case Sedor makes a MOAB goes off
$PTX
Here .... present. Good volume today ????
Sup hommeys I am in
I hate my life ????
Not going out of business. Read page 14 of Doc 158
PTX court date tomorrow, hope for something good
ST board shutting down soon. Welcome one - welcome all to the IHub board!
GLTA
$PTX
Not if they cancel all trades during BK. That may be designed to wipe out retails and keep commons alive so they can merge into Nalp? Who knows but Sedor may indeed reward the faithful and anyone who flipped or sold is locked out of any BO distribution....
So interesting!!!
Yeah I know, just super frustrated
And no no no, obviously not LOL. I just can't believe that we are where we are right now
I know you meant using that as a sole criterion, but I had to laugh.
Made me wonder - think you would do better investing in companies where the CEO has a LOSING track record? :)
This is brutal, Sedor better have a game plan and I sure hope this was some type of strategy
If not, this is the last time I invest in a CEO with a winning track record
I get the feeling based on the bids we will see that current OS is 71 mil
How does this still have options. Crazy
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