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.
Things seem to be warming up nicely and this appears to be totally off the radar.
Am I imagining things or this is really beginning to look a wee bit undervalued? Have any of you looked at Genetic Immunity? We now own 100% of that company?
Dendreon has similar technology and Dendreon is worth $700 million.
yeah still here, holding and waiting.............
Anyone still here? They just acquired a Phase III biotech company. HIV therapeutic vaccine. HUGE amount of information out on the internet on Genetic Immunity.
Over 7ö% viral load reduction by Dermavir.
Http://www.geneticimmunity.com
I doubt it for right now, unfortunately this stock has a history of being shorted to death... literally.... the CEO of this company comments about it on the blog, it's an obvious source of frustration for them.
http://blog.pdv.hu/
are we on for the next run?? something is brewing............
this is not for the feint of heart!
Wish id sold a few more into the last rally, under 10 cents i will be a buyer again.
46% short yesterday. 749,912 shares at an average of 0.2988 Link: http://blog.pdv.hu/
Let's see if the games continue today..... the CEO addressed yesterdays trading in his blog update today, also noting that .35 seems to be the limit for shorting....
BID 0.15 VS ASK 0.35. 105,000 shars BID at .015 cent against an ASK of 115,700 shars on 0.35. NOthing inbetween. ??????
Looks to me like the short treshold is 0.35 cents. Saw the same thing yesterday. Huge ask on 0.35 cents.
Acts as a plug. Few would dare buy that many shars at that price.
Yeah .. even I watched this one brought down in low volume ..almost 100% drop just before close..
I am going to report this to out.. somebody really short here..
What the hell was that? How come no one is reporting this? 250K bought on 0.345 when the ASK was 5,000 shares. Another 250K bought around 0.33 and the stock does not more? And at the end the price drops from 0.33 cents to 0.15 cents with 150,000 shares when it took 1,400,000 to rise to 0.345????
What the hell is this.
And while on the subject. WTF happened at iGlue. At the open a sell of 287 shares on $2.01. And the nothing all day only to see 400 buys print at $10.10 way after the market closes?????
$10.1000 100 OTO 16:22:13
$10.1000 100 OTO 16:22:13
$10.1000 200 OTO 16:22:13
$2.0100 287 OTO 09:36:14
WTF is this? Where is the SEC? Whoever this is is destroying shareholdes value at will.
All on a day when the company announced an authorized reduction from 250,000,000 shares to 50,000,000 shares (to one fifth) and a ten-fold par increase.
The authoroized reduction itself means that the company can not issue more than 50 million sharse. If that is not shareholder protection than what is?
What is going on here? And how come we do not have HUGE buy pressure to take this to a level where this short would be fried?????
If you have the right capabilities, you can short these without finding available shares by naked shorting. To me it appears someone is in over their heads from opening up a bad short position and needs to cover as many shares as possible. Due to stricter controls, it would be much harder to carry this out if it were on the bigger boards.
It will be interesting to watch this one and see what happens as time progresses and more news is released.... with a tighter share structure wouldn't it be harder to find shares to short this? I've never been exactly sure how you short penny stocks, but this one is just insane......
Insane. Period. Up 70% at one point, and finished the day in the red by more than 25% below the open.......... WOW.
It appears to be all retail too. NITE and ETMM are the main culprits, with PERT coming in every now and then to assist. Since you cannot 'short' through these retail brokers, I would assume it is someone inside these organizations with enhanced capabilities. It seriously needs to be investigated, but of course the SEC is asleep at the wheel.....
Yep, I read the blog. However, I didn't reallize it was THIS bad! I feel bad for this guy and his company being trashed like this (that is, if he is really not involved in the dumping).
What gets me is the outright viciousness with which this gets shorted when news comes out.... it's dead here otherwise.... somebody, somewhere, has an agenda on this one and it's so obvious.... i mean we've been floating in the 20s for a few days, then news, we get healthy buying and a nice bounce into the .30s, then BAM, the individual or group woke up and shorted the crap out of this and we're down to .15............ go figure!
The CEO of the company has a blog: http://blog.pdv.hu/
He is totally aware and shocked at the fact that somebody is trying to literally destroy this company.
I had a comfortable position here and knew I would have to watch L2 like a hawk to get out, this is insane what's going on here....
You are safe. However, anyone getting in over .20 could get hosed here. I don't like stocks like this. I am not sure whats going on, but it is pretty criminal at this point.....
totally.... i got in at .08, so I'm good and most of my shares were sold in the last run so I made decent profit, but I still have a little stash leftover
Make that .15 and falling. YIKES!!
WOW! Back to .18....whoever is screwing with this has it by the balls. Not going near this one....ouch!
interesting to watch... kind of like the battle between good and evil today, lol. I still have some skin in this game, having bought quite low last July/August. Last time we had this kind of volume a few weeks back, we almost nudged .50 cents, I'm hopeful for a decent turn around here........ let's see!
Nice buys coming in....will it go?
Yes, it's a shame, you can see the antics on L2, every single time this stock has great news to push it to decent heights, some entity is determined to destroy the momentum.....
Looks like the shorting continues.....huge blocks on the ask
Some good news here today.....
Power of the Dream Ventures, Inc. (OTCBB: PWRV), Hungary's premier technology acquisition and development company, today announced several steps taken to further strengthen shareholder value in anticipation of producing the company's first revenue in 2012.
On April 5, 2012, the Company filed a Preliminary Information statement announcing several Corporate Action items, including:
the reduction of the authorized shares of common stock from 250,000,000 to 50,000,000 without affecting the issued and outstanding shares of the Company's common stocks
an increase in the par value of the Company's common stock and preferred stock from $.0001 per share to $.001 per share
and the creation of a class of Series B Preferred stock. Each Series B Preferred share shall have two votes and shall vote together with the common shares of the Company, each share of Series B Preferred shall not be convertible; each share of Series B Preferred shall be deemed the equivalent of two (2) shares of the Company's common stock for the purpose of calculating the participation in all cash distributions or stock dividends
These Corporate Actions require a mandatory return of all certificates to the Company's Transfer agent for processing and re-issuance.
"With these corporate actions, we are looking to further strengthen our share count position. I believe that the reduction of our issued and outstanding shares to 50 million shows that we are not looking to dilute our common base. The creation of the Series B Preferred is in anticipation of our near term fund raising goal, in which new, long term investors will receive these shares to further reduce our common dilution. I anticipate that 2012 will finally produce our first, significant revenue, revenue we will use to invests in / acquire additional technologies," Mr. Rozsnyay added.
Sad really.... yesterday we should have bumped up near .50 with the volume, minus the short activity.... and today they are beating us back down, and yes, this is how groups of shorts destroy small companies... pathetic.
Sad really.... yesterday we should have bumped up near .50 with the volume, minus the short activity.... and today they are beating us back down, and yes, this is how groups of shorts destroy small companies... pathetic.
Short report just issued:
http://www.globenewswire.com/newsroom/news.html?d=247570
Over 10 million shares since 2009? Yesterday was 1.2+ million alone.
What's up here? This is how a small company can be destroyed?
This has been an ongoing issue with this stock....
50% shorting today. New CEO blog just out: http://blog.pdv.hu
finally making some good moves here.... level 2 action has been heating up
let's see if we can close above .30 today.... i sense forces not wanting to let us do that. more importantly, if we do... would be nice to hold the gains here.... PWRV has been lacking of good liquidity, just as easy as it is to shoot up quickly, that same ease can push it back down. Let's go PWRV!
Nice post lunch volume and price action......
Edit: And of course, NITE trying to kill the run as usual. As noted in the CEO blog several times, this stock attracts more than the usual number of shorts, FWIW
This company is making ALL the right moves. I still have a small holding here from last year, and I am holding. I received my iGlue dividend in my ETrade account though the ticker hasn't been assigned yet. The share reduction, iGlue going public, this is all spelling an increased valuation for this company without a doubt. The slightest bit of decent volume and we could easily push up and beyond .50 cents. Just a shame that there aren't that many eyes on this.
FROM CEO TODAY
As of today iGlue is now officially trading under its own name, iGlue, Inc. Concurrent with the name change the Company also completed a 110:1 reverse stock split. The total issued and outstanding for the company now stands at 10 million shares. But don’t let this fool you. Free trading is only……… 75,000 shares. The interim ticker is HDWRD. In 20 days this will change to iGlue’s own ticker. The company will announce this as soon as FINRA issues one.
We are also launching the new iGlue momentarily (Monday). Incredible changes, including:
- completely new user interface, compatible with smart phones
- full twitter integration. you can see the latest tweets to any words on any site
- users can now tweet to Facebook share a word, a sentence, a paragraph with others
- annotated pages can also be shared even with users who do not have iGlue installed. Simple share an annotated page and the recipient will see all annotations, without the iGlue plug-in
- integration of value added, semantically and contextually linked advertising. Of course we don’t call it advertising. You will not get an AD for a Forex platform while reading about a movie, But we will show you products that are related.
And there is a lot more to come.
In addition we have filed with the State of Delaware paperwork for the reduction of our issued and outstanding. We now have approximately 38.5 million shares out.
Further, we are awaiting FINRA approval to distribute the iGlue share dividend as announced. Rest be assured whoever held shares of PWRV at the close of business on December 23 will receive their proportional iGlue share dividend. As soon as we have FINRA’s approval.
Stay tuned , more to come.
in fact there is a very very low volume today...
i personally prefer a slow climb with a low volume rather than a big spike with MM's and shorters manipulating the stock.
also, it's the holiday season... some slack even to the most traded and high volume stocks out there.
warm regards
How come there are no buyers here? Zero volume. Is it just me or this is ready to run to a dollar? No one knows about the company, the dividend coming next week, iglue, nothing?
I know OTCBB traded pure scams that are worth 10 fold of this company with nothing to their name.
What gives here?
I bought 3000 shares at 32 cents per share back in Apr. 2011 and I lost 30% on it since. I will add more shares next week
38.5 million issued and outstanding following the conversion of 24 million common to preferred by two executives (CEO and VP).
According to Buyins.net a total of 8+ million shorted since 2009.
According to CEO blog - http://blog.pdv.hu - 2,2 million short since 9/14.
And a dividend coming up in a company they financed and recently took public. Of interest is a well know US marketing specialist who recently joined iGlue. Check out her credentials, endorsements and company here: http://www.magicsaucemedia.com
what is current share structure?
Short Squeeze Beginning as Stock Above $.146
[url][/url][tag]http://www.globenewswire.com/newsroom/news.html?d=240289[/tag]
it looks very interesting especially with upcoming DIVI
it is a low o/s and float ,could get easily high
How are they going to do that?
They need a price per share of at least $5 to uplist to the Nasdaq if I'm right.
What's your take on the uplisting?
I hope that others are bullish as well on this stock :P
Based on the activities, they are going to push all they can in 2012 .... I hope they can achieve the goals!!
Power of the Dream Ventures Announces 2011 Accomplishments and 2012 Goals
Date : 12/05/2011 @ 9:01AM
Source : MarketWire
Stock : Power of the Dream Ventures, Inc. (PWRV)
Quote : 0.17 0.036 (26.87%) @ 4:10PM
Power of the Dream Ventures, Inc. (OTCBB: PWRV), Hungary's premier technology acquisition and development company, today issued a letter updating shareholders on 2011 accomplishments and goals set for 2012.
In 2011 we have successfully:
Completed engineering work in iGlue and have launched the first version in the award winning semantic search and content organizer.
Completed iGlue's Summer Annotation Challenge, resulting in the distribution of $35,000 in cash and prizes, the installation of 6,000 iGlue plug-ins, and the placement of over 1,600,000 annotations on over 15,000 different websites.
Have successfully organized, coordinated and completed the going public process of iGlue. iGlue became the second Hungarian company to trade on a US exchange.
Have negotiated with and signed a number of significant executive and advisory board personnel for iGlue's international expansion, all of whom will be announced shortly.
Have announced and completed our common to preferred stock conversion, reducing our issued and outstanding common stock from 62,500,000 to 38,500,000, a reduction of 38%.
And finally we announced the Record Date of our iGlue common stock dividend to shareholders of record on December 23, 2011. The dividend will be paid on January 13, 2012.
In addition, on December 3, 2011 our board of directors approved a plan whereby we will seek to up-list to the NASDAQ Global Market as soon as applicable. We believe we will be in a position to meet all eligibility requirements for such a listing in the first half of 2012.
For 2012 our plans include:
Assist iGlue complete a $15 million round of fundraising in the first quarter of 2012 to finance international expansion and further product development.
Monetize our iGlue holdings thereby generating our first revenue. We anticipate at least a 100-fold return on our invested capital.
Provide iGlue dividend to our shareholders on January 13, 2012.
Reinvest iGlue profits into a preselected roaster of 5 additional technologies, two of which we will seek to take public in the first half of 2012.
Once these companies are public, provide dividend to our shareholders.
Up-list Power of the Dream Ventures to the NASDAQ Global Market as soon as practicable.
Up-list iGlue to the NASDAQ Global Market as soon as practicable.
About PDV
Power of the Dream Ventures, Inc. is a leading technology holding company. We identify and harness the unique technological prowess of Hungary's high-tech industry, turning promising ideas and ready to market products/technologies into global industry leaders. We focus on developing, acquiring, licensing, or co-developing technologies that originate exclusively in Hungary that are in prototype stage based on existing patents; in prototype stage prior to patenting; existing products that require expansion capital to commercialize; emerging science and high-technology research projects that require help in patenting, developing the product and marketing, University spin-off technologies, and ideas from the very early stage that represent "disruptive technologies." For more information, please visit http://www.powerofthedream.com
Contact:
At the Company:
Viktor Rozsnyay
President and CEO
Phone: +36-1-456-6061
Fax: +36-1-456-6062
US telephone: 1-646-499-4510 between 8AM and 1PM ET
PWRV DIVIDEND (23 Dec Key date) is going to trigger a MAJOR MOVE >>
And finally we announced the Record Date of our iGlue common stock dividend to shareholders of record on December 23, 2011. The dividend will be paid on January 13, 2012.
http://ih.advfn.com/p.php?pid=nmona&article=50304450
Followers
|
17
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
380
|
Created
|
10/10/08
|
Type
|
Free
|
Moderators |
Power of the Dream Ventures, Genetic Immunity Announces Positive Phase II Data for DermaVir HIV therapeutic Vaccine; Results Show 70% Viral Load Reduction
BUDAPEST, HUNGARY, Apr 11, 2011 (MARKETWIRE via COMTEX) -- Power of the Dream Ventures, Inc. (OTCBB: PWRV), Hungary's premier technology acquisition and development company, is pleased to announce Genetic Immunity's Phase II trial results for the Company's Lead Product candidate called DermaVir, based on a previously announced agreement whereby Power of the Dream Ventures will issue communications for Genetic Immunity on a going forward basis.
DermaVir, the world's first topical dendritic cell-targeting HIV therapeutic vaccine candidate, employs nanotechnology to boost the patient's own immune responses and to kill HIV-infected cells. The goal of DermaVir immune boosting therapy is to decrease antiretroviral drug exposure while maintaining undetectable HIV-RNA levels and achieve a remission (functional cure) in HIV-infected patients.
In a randomized, placebo-controlled, dose-ranging Phase II study conducted in Hamburg, Germany, thirty-six HIV-infected individuals, not yet taking antiretroviral drugs, received one of three DermaVir doses, or the placebo, every six weeks. "The treatments were very well-tolerated and CD4+ cell counts did not decrease," explained the study's Principle Investigator, Jan van Lunzen, MD of the University Medical Center Hamburg-Eppendorf, Infectious Diseases Unit. "At 24 weeks, the individuals' HIV viral loads were compared to their baseline values. A statistically significant reduction of 0.5 log10 copies/mL, a 70 percent reduction equivalent to that produced by several anti-HIV drugs, was seen in the cohort receiving 0.4 mg DermaVir vaccinations. Also in this group, HIV gag-specific precursor/memory T cells increased by 97 percent as the viral load decreased, a result not seen with antiretroviral drugs. Based upon our study the immune boosting and antiviral activity of DermaVir immunizations may provide a unique treatment approach for people with HIV/AIDS."
DermaVir features all key technological elements of Genetic Immunity's Immune Therapy Technology Platform. The Active Pharmaceutical Ingredient of DermaVir is a single plasmid DNA immunogen safely expressing 15 HIV antigens, the broadest antigen repertoire seen among HIV vaccine candidates to date. DermaVir Product is a "pathogen-like" nanomedicine and it is administered topically with a medical device, called DermaPrep. This technology in vivo targets the antigens to dendritic cells to prime naive T cells and expand the HIV-specific T cell pool to kill HIV-infected cells.
"Unlike traditional vaccines that prevent disease, therapeutic vaccines are given to people who are already infected to boost the body's immune response. To live a better and longer life, HIV-infected people boost their immune systems with vitamins, dietary supplements and herbs. We designed DermaVir to specifically boost their immune system to kill their HIV-infected cells and win the battle. Our Phase II trial provides the human proof of concept that immune boosting with DermaVir can reduce HIV viral load by killing the infected cells," said Julianna Lisziewicz, PhD and CEO of Genetic Immunity.
About PDV Power of the Dream Ventures, Inc. is a leading technology holding company. We identify and harness the unique technological prowess of Hungary's high-tech industry, turning promising ideas and ready to market products/technologies into global industry leaders. We focus on developing, acquiring, licensing, or co-developing technologies that originate exclusively in Hungary that are in prototype stage based on existing patents; in prototype stage prior to patenting; existing products that require expansion capital to commercialize; emerging science and high-technology research projects that require help in patenting, developing the product and marketing, University spin-off technologies, and ideas from the very early stage that represent "disruptive technologies." For more information, please visit http://www.powerofthedream.com
About Genetic Immunity
Genetic Immunity is a privately held US/Hungarian biotechnology company developing a new class of immunotherapeutic biologics for the treatment of viral infections, cancer and allergy. The Company's proprietary Immune Therapy Technology Platform is based on dendritic cell-targeting topical nanomedicines. For more information please visit http://www.geneticimmunity.com
About DermaVir
DermaVir is a novel therapeutic HIV vaccine with both antiviral and immunomodulating activities. Genetic Immunity believes that DermaVir has the potential to offer a paradigm change in the treatment of HIV/AIDS based on clinical data showing boosting of HIV-specific T cells and decrease of HIV-infected cells that are not eliminated by antiretroviral drugs. DermaVir has an excellent safety profile similar to vaccines used in healthy adults and children. The goal of DermaVir immune intensification is to modify HIV disease, decrease drug exposure while maintaining undetectable HIV-RNA levels and achieve remission (functional cure) in HIV-infected patients.
SOURCE: Power of the Dream Ventures, Inc.
Copyright 2011 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Medical and Healthcare:Health and Nutrition
Medical and Healthcare:Healthcare
Medical and Healthcare:Surgery and Treatments
Pharmaceuticals and Biotech:Trials
Pharmaceuticals and Biotech:Drugs
Pharmaceuticals and Biotech:Equipment and Supplies
Pharmaceuticals and Biotech:Biotech
To best introduce the company, please see recent article.
Founded in August 2007 and with a staff of seven, iGlue calls itself "the superglue of the net" – and aims to be the future envy of Google.
Indexing internet pages (ring any bells?), iGlue uses technology to understand the semantic use of words and delivers related information based on text highlighted by the user.
Peter Vasko, chief executive of the three-year-old company behind iGlue In4 Kft, tells us his ambitions upon next month's launch – and reveals its closest competitor is owned by the Mountain View internet monolith Google.
• How are you funded?
"In4 Kft. [the company behind iGlue] specialises in the development of online applications based on university researches, with the participation of young university researchers. We are VC funded by Power of the Dream Ventures."
• How many users do you have now, and what's your target within
12 months?
"We launch in September 2010. In 12 months we want 250,000 users."
• Explain your business to my Mum.
"Imagine you're reading an article about the recession on bbc.co.uk. Maybe you want to know more about a person or place in the article. iGlue is a little box in your internet window that lets you double click any word on any web page to learn more about it. It will give you info, maps, links, videos, images and more right there without trawling round the internet for ages."
• How does that work?
"iGlue indexes the internet but it also understands the meaning of words. So when you search 'Kennedy' it can figure out from the article if you mean politician, airport or space station. It organises info and sorts the web, therefore 'wikifying' it in the process."
• How do you make money?
"We know that search traffic is one of the most valuable commodities on the web and we believe that we can get a chunk of that. By understanding our customers more deeply we will be able to provide a discreet and effective advertising model."
• How are you surviving the downturn?
"We have received our next round of funding and we are not focusing on our public launch in September so we're happy and busy."
• What's your background?
"Web developer, researcher but also a journalist, poet and a teacher. Either way, I always look for the spot from where the view on the world is the most exciting."
• What makes your business unique?
"IGlue completely changes people's interaction with online content. We provide a huge dynamic layer of content underneath any text on the web."
• What has been your biggest achievement or proudest moment so far?
"Without a doubt Geek'n Rolla 2010, organised by TechCrunch. Not just because of the second place, but we were amazed by the buzz around us during the public demo of iGlue in the exhibition room. After the conference, even the tech and hotel staff wanted to try it!"
• Who in the tech business inspires you?
"John von Neumann, Ted Nelson, Steve Wozniak."
• What's your biggest challenge?
"Since iGlue is Hungarian and based in Budapest, it's harder for us to compete with US companies vying for the attention of VC and press who are based across the Atlantic – but we're working on it!"
• What's the most important piece of software or web tool that you use each
day?
"Google Docs."
• Name your closest competitors.
"Apture, Open Calais, Freebase (Google), Evri."
• Where do you want the company to be in five years?
"In every web browser on the internet."
• Sell to Google, or be bigger than Google?
"Neither. Although we believe that we are building a product that will revolutionise the way people browse and experience the web. We really admire all the innovative hard work the guys at Google do. We would love to be in a position Google envies."
http://www.guardian.co.uk/technology/pda/2010/aug/27/iglue-semantic-web
----------------
Power of the Dream Ventures Announces Equity Commitment of up to $5,000,000
BUDAPEST, HUNGARY, Oct 09, 2008 (MARKET WIRE via COMTEX) -- Power of the Dream Ventures, Inc. (OTCBB: PWRV), Hungary's premier technology acquisition and development company, today announced that it has finalized a financing commitment of up to $5,000,000 from a YA Global Investments, L.P. The terms of the financing allow the Company to sell up to $5,000,000 in tranches of equity, based upon a specified discount to the market price of the Company shares, calculated over the five trading days following notice of an election to sell shares.
This financing commitment provides the Company with the capital necessary to continue the development of the Company's current technology portfolio and to acquire additional technologies.
"This commitment allows us to finish executing our business plan and bring to market a number of significant technologies we have been incubating. I believe this coming year will bring significant progress for us, including the launch of our iGlue software and RiverPower technologies, among others," commented Viktor Rozsnyay, CEO of the Company. "This commitment shows trust in the company and our business model. Now it's our turn to fully execute and provide return to our investors from technology commercialization revenues," Mr. Rozsnyay added.
In connection with the financing commitment, YA Global also acquired a warrant to purchase up to an additional 4,027,386 shares of common stock.
About Power of the Dream Ventures
Power of the Dream Ventures, Inc. is a leading technology holding company. We identify and harness the unique technological prowess of Hungary's high-tech industry, turning promising ideas and ready to market products/technologies into global industry leaders. We focus on developing, acquiring, licensing, and co-developing technologies that originate exclusively in Hungary that are in prototype stage based on existing patents; in prototype stage prior to patenting; existing products that require expansion capital to commercialize; emerging science and high-technology research projects that require help in patenting, developing the product and marketing, University spin-off technologies, and ideas from the very early stage that represent "disruptive technologies." We primarily focus on providing enabling solutions in the fields of environmental technologies, power generation and storage, software products and services, biotechnology, medical devices and what we call 'disruptive technologies.' For more information please visit our website at http://www.powerofthedream.com.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |