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Actually there has been plenty of smart analytical talk in here. If you stated till the final heartbeat you just refused to see it
Im waiting for 1 specific filing That should have all ready taken place. Lol ..
PRED - it was all a scam, I used to read word up magazine, heavy d with brad the ceo all up in the limosine. fly spirit airlines to nasdaq w. an untailored suit on the squeeze all the shorts my g i dont know i couldnt picture dis, it was all a scam
Going to be waiting a loooooooong long time.
why is there no volume? can someone call CEO Brad and tell him to fly into nasdaq again? i heard they are open for tours. if he takes photos again, that would squeeze the shorts.
I would welcome that outcome !!!!!!!!!!!!!!!!!!!!!!!!
IB_
the only filings were going to see is brad trying to hacksaw thru the bars he belongs behind.
I bot PRED at .013 and was going to flip it at .02 for a massive percentage gain. Does anyone know how i can sell this thing? PRED is untradeable because the broker told me its a scam. i told him no its not its a real company and they have biologicel offices in Utah. He said no, its a scam and i cant do anything. he actually said to look back at 3000 posts on PRED boards from this guy called reverselong that has a podcast and warned everybody about PRED for 3 years.
You're raising a completely separate point which is also very valid. I doubt highly they were targeted by big pharma, it just doesn't make any logical sense at all.
Your example is another indictment against management and points to either arrogance or idiocy, the latter being more likely imo. But probably both.
Some will argue that pred did go to the fda and that they were denied, but I'm not sure of the process and what's involved and who really knows, they're fda applications and proposals could've been nothing more than smoke screens.
Bottom line, the company is horrible, run by horrible management, and they screwed everyone who put any faith into them.
This was not a large Pharma attack story, because Pred never had anything that threatened them.
The FDA made it clear that PRED and the other players in the stem cell field were developing drugs and they were all given a couple of years to go to the FDA and work out what they needed to do to get approved.
If Pred had done that then maybe they were a target.
Other stem cell players did that. Longeveron. And we are seeing many moving that technology forward.
The question is why Pred management or board never go the the FDA like many others and get buy in for an approval?
That seems like what killed them.
Unless they really had nothing.
Flush twice ...
I don't know either. I assume that there was some sort of settlement for it to go away like that.
How do I dump the rest of my PRED shares? I have some long from a penny in one account and still a bunch short from around a dollar. How do I get rid of these positions!!!
Waiting on filings
PRED has no hope. Very sad how this could have all been prevented.
hopefully pred makes it back to a penny stock someday 1 penny would mean there are trading again.
WRONG!! Management is an em bareassedment? They are complete liars and scammers. PERIOD, FRAUDSTERS IF YOU WILL! COOKED BOOKS FAKE DEALS. CHINESE ETC. ALL BS
HINDENBURG nailed it that's when everyone with a an ounce of grey matter should of been selling. Like management was doing.
Its nice to be a shareholder and discuss a worthless PRED stock. I lost a lot of money on PRED (lost my shirt had to sell it, i am bare chested as I write this) and can't afford a shrink so its good that we have this board to talk everything PRED. PRED will RISE LIKE THE FENIX!!!
Nice to have an actual shareholder with some insight.
Thank you for the dialogue. So refreshing!
"....my pessimism was very well earned in this case."
100% agree. I brought more than a few investors into this investment. Some have stayed with it, and some have jumped ship. I did not try to convince those who decided to leave to do otherwise. Management has been an embarrassment. Period. And as much as I believe the company can succeed under the right new management, and with the right vehicle holding the company, until I see the necessary steps taken, I'm not guaranteeing anything.
"....the main power house players affiliated with pred couldn't do anything to stave off or deflect the attack, or even bring anything to market that would subtly counter the attacks by proving their worth."
Probably your best point so far. I don't claim to be all knowing when it comes to this debacle. Far from it. But my understanding is that the individuals that really have the power to intervene, no longer had the reigns. Giving up those reigns to current management proved to be the company's undoing. PRED has far too many shares available. Management made some horrendous transactions with the wrong people. And my guess is they felt desperate, and tried to find that unicorn to turn things around, and instead, just made more mistakes, burying themselves even deeper.
But as I mentioned before, if in fact current management sees no other way forward, they may have to hand the reigns over to someone more capable, even though I imagine that's the last thing they want to do.
"Purely from a business stand point, one would think, if the catalyst for an attack was a rejected by out offer, I would expect that after destroying the market value after such an attack, that the attackers would be swooping in to buy the pieces they initially wished to purchase at a steep discount vs their original offer. Instead pred is selling assets and divisions to other much smaller entities."
Greencandle, again, I don't have a crystal ball here. But what you see being sold off thus far is not where the real value is in my humble opinion. We have yet to see how the pieces with real value will play out.
If new management is smart, they'll find a way to work WITH a pharmaceutical company or two, rather than against them. Then everyone makes money, and this company could in fact be protected from other pharmaceuticals.
That's what I would do anyway. Sure, there would be less potential for profit, but it would essentially be going back to being bought out, having a smaller share of the pie, but surviving and being substantially profitable. Am I the only one who thinks like this? Take the sure thing, be successful, help others, and make some good money. Seems like simple math to me, especially after what just went down.
It's odd to finally have an intelligent conversation on this board. Very odd.
Again I'll say fair enough, and I don't get the feel you're full of it at all. Like you said, it's not tradable at this point, but I like the debate, even if it is post mortem so to speak.
Rather than go back and forth beating a dead horse I'll go back to the faith vs hope points. It's impossible for anyone to have faith in this thing, but hope it's something that requires no faith. So hopefully my pessimism is proven wrong in this case, however I'm not pessimistic by nature, my pessimism was very well earned in this case.
One point you made that does stick out though is the point you made about the pharmaceutical players targeting pred and that being proof that pred isn't a rinky dink operation. When taken in the context you laid out, it's a compelling argument, but the context you laid out makes pred look like a rinky dink operation by the simple fact that the main power house players affiliated with pred couldn't do anything to stave off or deflect the attack, or even bring anything to market that would subtly counter the attacks by proving their worth.
That's a tough cake to eat, and I realize you're not exactly trying to prove pred is worth anything at this point, but the people pred was supposedly involved with are extremely big names and should have at least been able to shore up support amongst other major pharmaceutical players. So I'm not sure I'm buying that. Again, it doesn't matter, it's post mortem discussions, and my take away from pred is a very harsh lesson in investing in pink sheet companies, no matter the clout they claim to have.
On that note, I do think your claims regarding your knowledge about the purported attacks is at the very least interesting and something that would make for a great conversation over beers/dinner, but given the state of affairs, it's more along the lines of "what could have been" conversations at this point.
And actually, now that I'm thinking about it. Also, regarding the buy out points you made, that's another tough pill to swallow. Purely from a business stand point, one would think, if the catalyst for an attack was a rejected by out offer, I would expect that after destroying the market value after such an attack, that the attackers would be swooping in to buy the pieces they initially wished to purchase at a steep discount vs their original offer. Instead pred is selling assets and divisions to other much smaller entities. That pokes some holes in that theory as well.
As with all things predictive, 2+2 doesn't equal 4. There's always a piece or two of the puzzle missing, and regardless of how much optimism one wants to have, it's those missing pieces that keep coming back to mind that prevent anyone from believing this was ever anything more than a very elaborate scam.
Excellent points, across the board, greencandle.
From your post:
"They couldn't counter punch so to speak and deliver on anything?"
"The Chinese covid testing thing?"
"Even the attack you mention wasn't handled properly."
All of your questions and points are legitimate and reasonable. And each and every one point to sub bar managerial decisions, which is why the company has failed. I'm no CEO, but I would have handled things so very differently. And I definitely would have taken the fight to the enemy.
"And I really question any major pharmaceutical company, let alone multiple companies, would pay that much attention to some rinky dink pink sheet stem cell company."
You just answered your own question. That's exactly correct. Major pharmaceutical companies would not pay attention to some 'rinky dink pink sheet stem cell company'. So for them to come after PRED, and come after them hard, implies there was a lot more there than most were aware of.
"Do you really think an attack by 'bad actors' in the pharmaceutical industry would carry that much weight with the likes of Sorentino, thermo, the board members including senator hatch at the time, and every other heavy weight purportedly involved with the company?"
I don't think it, greencandle. I know it. I even know how much they paid to have PRED taken down, and no, I won't say. But it wasn't chump change. It was enough to have major players from around the world coordinate, and literally have zero risk in destroying PRED, while making an insane amount of money, and yes, undoing millions of dollars of market cap. (This has already been discussed, with the specific countries that were involved being mentioned on this board.) Most of you probably glossed over that kind of post, thinking, 'where's the proof'?! But there are only a handful of credible posters with actual knowledge on this board, and everyone has to try and figure out who they are. I'll give you a hint. They aren't the ones with 3,000 posts, screaming the sky is falling, long after PRED has been beaten into submission.
I've had more than a few 'wolves in sheep's clothing' contact me privately to try and find out how I fit into this and what I really know. These people do not mess around. They have an agenda, and they are ruthless, and they are very good at what they do. Morality and ethics don't exist for many in this world. They don't play with a rulebook. The ends justify the means.
"...there's always some vague ominous thing going on in the background we're supposed to put faith into..."
Nobody asking you or anyone else to put faith in anything we're posting. If I were in your shoes, I wouldn't. In fact, I'd probably be more pessimistic than you. And you're pretty pessimistic!
But, I happen to know considerably more than the average poster on this board. I'm not sure if that's a blessing or a curse at this point. It's been a long, long road.
One final thought. Why has it taken so long for this supposed alternate path to be utilized to 'save the day'? My guess is because current management had to become desperate enough, after all of their failed attempts to 'right the ship'. Once complete failure became inescapable, it softened up management to accept help, including making difficult decisions that I'm guessing won't be good for them (career wise as well as stock wise) in the long run. I guess we'll see.
Or who knows. Maybe I'm full of it. Maybe I'm trying to trick the last few remaining longs into buying more, and push the stock price up a penny or two. Oh no, wait. We can't buy stock shares anymore.
So much for that theory.
(This is my last post of the day.)
the shares of PRED don't exist tho. PRED shares are fairy dust.
I'd rather save my energy and do something productive, like go drive a shared car service than write about PRED. PRED is a fraud. like zug said. Its done.
its been more than 3 years. PRED has proven to be completely worthless back in 2019. All the writing was on the wall. Over and over and over and over and over, but still some hang in there... incredible. Please read all of my 3000 posts on PRED. Start with the first one.
Fair enough, i appreciate you taking the time to outline your thoughts, but it's been 3+ years of the same, predictive supposedly has huge heavy weights behind them, and were to believe that they couldn't counter punch so to speak and deliver on anything? Even one thing would have sufficed.
Way too many missteps, black swan events, and failures to put any faith in it. Hope is different but even the above cuts into that as well.
If they had the technology or data that was truly game changing then I doubt very highly they'd be contained as well as your argument would lead one to believe.
Total failure on art guide and fertility dx. If they worked then none of the purported attacks you mention would matter. The Chinese covid testing thing? That had nothing to do with any pharmaceutical attack.
Even the attack you mention wasn't handled properly. And I really question any major pharmaceutical company, let alone multiple companies, would pay that much attention to some rinky dink pink sheet stem cell company. It just doesn't add up. And to that point, even if they did, if someone attacks you you hit back. Maybe not necessarily with words but with actions, by proving your stuff works, and proving what you're doing is something the world should take note of. They did none of that, they simply issued a lame ass letter denying the allegations. They did nothing to fight back, not even legally speaking. It's arguable that the attack cost predictive MILLIONS in market cap, and they didn't even file suit? I mean, yeah right. That's simply not realistic imo.
And I know you know your stuff, as much as any of us, so I ask this as an appeal to your intelligence and common sense. Do you really think an attack by "bad actors" in the pharmaceutical industry would carry that much weight with the likes of Sorentino, thermo, the board members including senator hatch at the time, and every other heavy weight purportedly involved with the company? I mean I have a really hard time getting past that. In fact I'd go as far as to say there's no chance it would have held them back this badly if anything they were doing was actually true and worked. It's simply not possible imho.
Again, there's always some vague ominous thing going on in the background we're supposed to put faith into but no one, not the company, no investor, no partner, etc can give any specific. And literally everything predictive had said they're doing has failed miserably and proven to be bs.
The only ray of hope is they haven't filed bankruptcy yet and the fact it only takes one big success to turn things around. In a bubble that sounds good, but in context, it's not likely and I think that's a huge understatement.
Come on greencandle, there's only a couple options here.
1) This company is toast. It's effectively on the grays and never getting off, and all of us longs are screwed. And every single person is wasting their time on this board.
2) My suggested game-plan is in fact true.
If you've been following this as closely as many of us, (and I believe you have), then you know this goes way beyond poor management, which nobody, and I mean nobody, disputes at this point.
You should know that PRED was intentionally and successfully targeted and destroyed by some very powerful pharmaceutical companies because it would have undercut their earnings significantly. That's why they offered PRED an attractive buyout offer way back when. PRED management refused the offer, knowing their true potential. I wonder if they regret refusing that offer now.
So do you think anyone is going to throw the next strategy out in a public forum? Come on. There are still parties that would love to continue sabotaging this company.
So how do you know I'm telling the truth. You don't. You should't believe a word I write. Or anyone else for that matter. I'm probably only posting because I'm bored. And beyond irritated at how this whole thing went down. This could have been so avoidable, and that falls squarely on management.
But why the heck do I still occasionally check out this board, and even more rarely post? Good question. There's no reason to at this point. None. Zero. I mean, PRED isn't tradable anymore by us mortals, right? So it's not like I'm trying to influence anyone to buy, buy, buy, and maybe push up the pathetic stock price.
So I really don't care if people choose to believe me or not.
In the meantime, all of us longs are stuck with waiting, and seeing if there is in fact a way out of this train wreck mess.
Lol... OK I'll bite. What other parties involved can possibly prevent them from failing? Especially with the management team they've always had in place, still in place?
There's always some ominous and vague forces referred to that will somehow save the day but no one can ever name them or give any real info on what they're going to do and how they'll do it.
To date, every single relationship that pred has touted has either failed or been completely silent. We're talking years here, not a peep outside of bad news.
Pred has shown an ability to leo getting funding in the past, but the well will run empty eventually. Especially with every single product they've touted as saving the day failing to launch.
But I'd love to be enlightened.
No slings or arrows, but truthfully there's been ZERO evidence of any database to date, every product they've claimed utilizes the database has failed (at best). The only in house products pred had that brought in revenue was stem cells, and they just sold the only other product (and the division) that had any promise.
I don't have any knowledge on labs, but typically with technology, it becomes outdated fairly quickly (a couple/few years) and that requires revenue to keep it updated. So, their lab while possibly state of the art a few years ago is likely in need of some refreshes to continue being state of the art. Certainly not saying it's worthless, the point being they have no money to invest in it.
The only company that seemed to actually work with pred is now suing pred, while there's been zero news on any of the other partnerships they supposedly had. If the database was really worth anything I'd assume the products they supposedly brought to market based on it would've certainly been in use and that the companies they were supposedly working with would have made some news worthy developments over the past couple years, but here we are with the same bs problems.
You may be right, maybe in 6 months we'll know something, but I'm pretty sure we will just receive confirmation that it's nothing more than we know today.
Once again you’re correct, old guy.
There is still tremendous value in this company. And the company will survive. Not because the current management will suddenly find the ability to appropriately manage. But because of other players involved, who are unwilling to let it fail, and are willing to be creative in order to find a way - despite the fact the current vehicle holding the company has been decimated.
Now let the pile on begin.
In 6 more months we will find out if we have any thing. It all comes down to their holdings of intellectual property. For the young people who may not know some 80 year old history. The JAPS from 1938 till 1945. Were using different ethnic groups of prisoners to test different chemicals on. That data base is still being used to this day. So, one has to assume that our data base, if still intact, has value. You may now throw your slings and arrows. Best of luck to all.
Well when you're a full blown scam what can you say! I KNOW GUILTY AS CHARGED!
When was that report? In the 1930’s? Seems like that is enough time
Yep, it's not possible until they file Financials and get reinstated. They are effectively halted. And they couldn't seem happier about it.
The first sign wasn't the hidenburg report, it was preds response to the hindenburg. Any company worth a damn would've responded much stronger than that after taking that kind of loss on market share and that hit to their reputation. Pred did nothing and continued doing nothing ever since.
thegreencandle I agree it seems highly unlikely that this company will come back as a success. Right now it seems impossible to buy any shares.
So maybe pred has a unicorn, snow balls chance in hell, shot at becoming something? Betting on a pink sheet loser that's failed at every turn, has countless black swan events, losers in leadership, ZERO products, zero revenue streams, and is likely burning thru their compensation for selling biotech at an alarming rate, doesn't sound like a good idea. I'd bet heavily against it though.
How long has it been since they've made any public statement outside of a random 8k here and there? How long since they've filed financials?
I mean sure, anything is possible. But I'd say it's highly unlikely at best.
Remember those photos of PRED CEO at Burger King signing BK paperwork. He's ready for another one.
Again they need to keep the scam going. PROMISES and more broken PROMISES.
if they filed the financials every auditor would have forced them to file BK ..thats pretty obvious now.
It's not done until they file BK. They won't because they need this scam to continue.
no only 330 plus million shares..lol
<<<<<<<<<<ib PRED does not have 5 billion shares. The other company could still be a failure. We will probably know later this year.
It looks to be !!!!!!!!!!!!!!!!!!!!!!
I hear PRED holds Uge advancements in the treatment of endometriosis among many other ills ................................
IB_ :(
PRED is a great investment for life
So maybe PRED will be trading again at $0.0028 in 10 years ????????????
WoW,
IB_
SPZI rose from the ashes last year after having been dead for more than 10 years. Pewrhaps PRED can too?
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About:
Predictive Technology Group, Inc., a Salt Lake City, UT therapeutics and life sciences company, is a leader in the use of data analytics for disease identification and subsequent therapeutic intervention through unique novel gene-based diagnostics, biotechnology treatments and companion therapeutics. Through its’ wholly-owned subsidiaries, Predictive Therapeutics and Predictive Biotech, the company focuses on four main clinical categories: Endometriosis, Scoliosis, Degenerative Disc Disease and Regenerative Human Cell and Tissue Products. In addition to Predictive Biotech’s efforts to advance regenerative medicine, Predictive Therapeutics is committed to assisting women in overcoming the devastating consequences of endometriosis via appropriate early-stage diagnosis and subsequent treatment.
• Proven management team with success from R&D, to operations and commercialization
• First product line - internally developed Human Cell and Tissue Products - launched in 2017
• Launched 2 novel, genetic-based endometriosis and fertility diagnostic/prognostic tests in Dec. 2018
• Broad, follow-on pipeline of diagnostics and therapeutics in the near-, mid-, and longterm
• Cash positive operating position with no debt (only operating payables)
• Pursuing a near-term NASDAQ listing
For more information visit: http://predtechgroup.com/
Subsidiaries:
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Investor Resources:
- SEC Filings - EDGAR
- https://predtechgroup.com/wp-content/uploads/2020/02/Predictive_Technology_Group_January_2020_Print.pdf
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