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Proxies came.
http://protagenic.com
2017 Annual Meeting
FRIDAY, JULY 7, 2017
1) DIRECTOR
GARO H. ARMEN
ROBERT B. STEIN
KHALIL BARRAGE
GREGORY H. EKIZIAN
JOSHUA SILVERMAN
2) RATIFICATION OF THE APPOINTMENT OF MALONEBAILEY LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2017.
3) NON-BINDING ADVISORY VOTE REGARDING EXECUTIVE COMPENSATION.
Buddy its you contribution that helped release the depreciated tax credit into the hands of the rest of us by paying the debt leaving the spoils. If you bought pre the pink sheets then the outstanding shares are your held in trust. If you take away the debt from the equity then that is the bottom feeders who came in on the roll out of the pinky listing.
Don't steam it man, your going to do all right. First in, first out then the pinky holders will get there cut.
I was going to say also but forgot. The reason you where advanced shares small in comparison to what you indicated you invested is that its goodwill on the part that your a member of the sales team. Now that could be you taking the choice of selling your position and forfeiting your collateral back to the other collateral holders or staying on to help unlock the value on the depreciation.
The stock needs to trade above the strike price to help asses the small revenue compared to the capital depreciation. A lot of this depreciation as you know is brought on by the rapid advancment of technology something a lot of pro investors shy away from that leaves a huge gap to be filled by the ones who understand willing to take the risk.
Now things may not go our way and we could loose our collateral position " dilution " to new investors underwriten by the collateral we achieved in building for our selfs " last stated common share value spread relative to the market cap stated on the last financial given.
So again welcome aboard my good fellow and do get out there and spread the news.
Mmmm I don't think it works that way. To an outsider it's worth $3 to you yes it's worth $70 because of your earlier investment. Well anyways best of luck.
OK, sounds great...
I'll continue to hold until we get to about $70....
Which is where I need to be to get my $ back...
Too funny.
Whatever man, entry could potentially be ok here at these levels for flippers...
But for me personally, there's no hope unless she dropps even further and I pick up a boat load.
Stock is very cheap at these prices. Go back over the history to discover its true value. If you held the stock prior too the new adventure you will loose out on the collateral leasing payout.
Your choice, but I advise any previous holders to hold. Now saying this is detremental to me being I'm a previous holder of collateral assets but more important is not to be a thieve and go to my after live with a clear conscience I did right by my fellow man and women.
.35 or less yet?
Might throw some $ at this thing if we manage to get down that low...
Otherwise, still a huge gamble IMO
I did have some but now at fifty I passed it into the kids names. I got the tax write off they maybe in twenty years will get the principal of the investment back. Then there are plenty penny disasters I purchased as a young fellow on recommendation from a not so straight shooting advisor that seem to do well for him self that only one had ever paid off for me giving me a very nice return.
Anyhow I won't repeat the story. Read my past history of posts and you will find the story in full.
I still have some
Sad as it is bud, I believe you and I are the last ones holding this.
First time I've seen the bid climb on this thing for a long, long time...
Only $70 higher or so, and I'll break even....
:)
Whatever, still hangin' in here just for the fun of it.
GL 2 All
B.S. Does have its limits.
No revenues until investors step up and buy above the par value given to release the tax advantage to releasing the depreciated assets. No your corporate tax laws and how goverments ensure a portion of the revenue is returned to investors.
Equality is built into the system but the public has to step up to the plate.
The owness is on the public investor to do this. Insiders have there own agenda.
Me and my big mouth....
Oh well, guess it was destined to happen regardless.
5K available at 2.25...
Any takers?
And since I really don't get "short selling"...
Personally, wouldn't touch this thing for more that .35 until they have some proven Revs.
But hey, what do I know.
https://www.sec.gov/Archives/edgar/data/1003950/000100395009000043/q209.htm
Piggy backed shares were sold allowing payments to original investors along with finders fees to be paid. Will history repeat it self?
Look bud you have to sell short to sell on the long. Let me guide you if you will through this process. You always want to keep a short position. You start your play with a thousand dollars giving you just as example two shares.
You watch the trend. Goes up sell your two shares. Goes down sell one share forcing a short situation keeping in mind the volume relative to the outstanding share count. Buy back in and hope for a long sell. If it is still driven down lower do it again with new money.
This next step is a deal breaker, should the shares be forward split always sell into the split and buy on the reverse split as the float is tightened up.
Now there can be a forward split on the outstanding shares and not the float. This has no significant outcome on trading of the stock or valuation as the pie can be split up into many slices but a third of something is always a third regardless of the number of bits that make up the third.
Float is common share price divided by market valuation divided by share price.
Outstanding shares divided by the above obtained figure is the bookvalue of the share.
All your trading should be based on book valuation given by the accountants. No numbers no book value is given and the shares are of no value except what the next guy is willing to pay you for them. Bit coins is a good example of this.
Where is all of that volume coming from?
Is PTIX beginning to sell shares already, or what?
And with no pump first?
Never going to get any support without some kind of a PR....
Knowing that this thing is going to $1.25 or less...
Why would anyone put $5 on the bid?
I don't understand that.
Also, in need of 1 good reason to stick around.
It's been years, but I'm just about at my wits end.
As measly as my $250 or so would be @ $5 a share, it's still better than 1.25 or less.
Anybody?
Thanks.
A table providing an overview of the stock
Bid | Size
5.00 | 100
Ask | Size
145.00 | 100
Price Open
0.00
Previous Close
5.00
Day High
--
Day Low
--
52 Week High
4/5/2016 | 35.5672
52 Week Low
7/15/2016 | 1.5464
% Off 52 Week High
(85.94)%
% Off 52 Week Low
223.33%
Beta (5 Yr)
--
Volatility Avg
1/11/2017 | --
10-Day Avg. Volume
0
Market data is in Real-time.
A table providing the fundamentals of the stock
EPS (TTM)
9/30/2016 | (73.96)
P/E Ratio
9/30/2016 | --
Market Cap
Micro Cap | 52M
Shares Outstanding
10.43M
Float
9.3M
Shouldn't be much longer now before this thing gets moving...
Praying for a miracle...
But am prepared for any eventuality.
Most likely just another P & D...
But whatever....
God, grant me the serenity to except the things I cannot change....
The courage to change those things that I can...
And the wisdom to know the difference.
Sounds like a short sell to me. If I were to take half of my thirty shares and sell them for a $1.50 in hopes that others follow suit and buy back my shares and others then I win if the shares are worth more then the $1.50.
I paid thirty dollars a share, why would I sell them for a $1.50. Now if these turkeys want too sell them for a $1.50 I would be more then pleased to purchase them from them. This is a matter of principal not that there worth $1.50.
So my 57 shares, which were once numbered at 800K, and which at that time was over 10% of the total company/ticker value @ $4500 or so, is about to become 57 bucks, if I'm lucky....
Is that right?
Been hanging in there for few years now....
Just seems so unbelievable.
Totally unreal
Anyone care to translate?
http://ih.advfn.com/p.php?pid=nmona&article=73816118&symbol=PTIX
Selling, but not selling?
Someone sold one share? Come on why would one do that? I have five shares I wouldn't sell them they are all I have. The thing is I paid $30 dollars per share why sell them for five? Very odd to me.
Uh yeah....
Could you expand on that a little bit.
Quite curious.
Skys the limit. What ever the market will bare to pay. What I'm saying is that is the collateral for the debt. If one takes the debt and divide it by the issued number of shares then a $1.25 dosent cut it. If you take the potential earnings of the liability it is a much different picture again.
To be able to sell debt there has to be a underlying liability that can be used as a collateral.
Let's look at accounts payables as an example. This could be wages owed. The wages will be amortized into the product or service offered with a premium attached to it. Laid out between the spread of the liability and the collateral " capital surplus " is your premium. This can also be calculated by reversing the retained earnings using today's interest rates.
Now I can use many other examples of accounts payables that can be sold.
So let's look at receivables. Now many will argue that the receivables is an asset cause the spread between the collateral and the liability is nill or a negative.
The negative is the cost of capital over time of not being received as well the cost of reselling the product never mind one having to go and retrieve the product or service that could end up being a lengthy expensive court proceedings.
This liability is reflected in the outstanding shares and the spread between the other eguity. The negative earnings liability is represented by your treasury stock figure. The stock holders equity is the book value given to your common share value.
So if one takes your common share value minus your liability of the receivables you should be close to your market value of the stock.
They won't let the stock fall below the risk associated with the receivables or your payables that was sold to the public and this is were the forward splitting of the shares come into play.
Anyhow I hope this helps you out. The risk is a constant changing space. The more risk that is sold the more collateral given up but it is always a constant number between collateral and the liability of the receivables and payables sold.
Now there are other many other considerations as well that will change that constant number between the two products I have mentioned and that is the first product that is offered often associated with outside collateral obligations that are put up and provided often by very wealthy individuals and corporations. This collateral can be a brand, an individuale, art, collector cars the liability is bank debt, machinery, buildings , leasing and insurence obligations, the list is very very long often including environmental obligations as well urban renewal obligations and liabilities.
Sorry guy sometimes I can get taken away on the subject of investing. The risk is there, save guardyour self as much as possible and if you get that 10% up side take her cause there will always be a down side as risk never truly leaves you and is in a constant rotation following the product and service cycles. Hey keep in mind that a company will buy another companies interest to off set cycle risk. Well I won't go over that cause I have in many of my posts discussed that very subject.
So, in essence you believe that 1.25....
or whatever their max price was, is about as much as we can expect once this thing gets moving....
Or what?
Not every thing is as it appears. Balance sheet assets are revenue producing assets used for collateral purposes leveraging more debt to pay more in wages.
This is done by the using the collateral and leasing it back to the company at a premium. What ever the market can take leaviating the looks of any revenue being produced. You can't releverage assets that are already leaverage but you can leverage on the income they produce.
An example you take a building that is leased. Your already paying a lease to the vender but in fact that lease your paying is for a use of an asset. So let's say your paying 10% a year to lease a million dollar building.
You can claim a million dollars in asset minus your cost that gives you a $900,000.00 property asset with the same as a liability.
Now let's say you pay 20% lease for the property. Ten percent to the owner and the other ten percent paid back the company.
Let's crunch the 10% kick back to the company. The leveraged asset value is $900,000.00 minus the remaining $100,000.00 that is well above the ten percent of what the $900,000.00 would represent so your spread has become much more then the liability associated to the lease cost.
This appreciation can now be used too underwrite the sale of more shares. The spread is due noted by the treasury shares now available yet treasury shares are treated as a liability because of there collateral use.
This false or miss leading use of borrowed capital to leverage the borrowing or underwriting of shares is fraudulant in my view to make earnings larger then they truly are. Now many argue that the information is there cause how can there be a positive depreciated value for depreciation on the outflow of cash.
As you see depreciation should be treated as a negative outflow. This also turns proceeding numbers mentioned in reverse as well on the cash flow statement. Big companies get caught for these actions but smaller companies not having financials certified seem to fly under the radar. I encourage others to bring this forward to the SEC in having this sort of thing stoped.
I'm not an accountant and the previous statements are of my own observation and recommend you to first consult your accountant or companies accountant of your concerns.
Kind of tough to make out what you're saying there....
But I think i get the gist...
Still thievery, no question, but the part that always brings me solice...
Is the fact that I did this to myself.
No matter how hard I get screwed, I'm the one who put myself here...
Remember buddy, no one can ever learn, grow, nor improve their situation just so long as they keep blaming others.
It's called accountability.
Should have learned my lesson the first time with VPER long ago...
But that's cool...
It was only $18K overall, I lost in the market...
And while the money comes and it goes, (and comes back again for those that never quit)....
Those that have brought harm to others, with their selfishness and greed, have to live with that fact forever...
Free is a poor use of words. There is nothing free in this hard cruel old world there will be many years of anguish and wondering ahead of us if we will get our money back, that my friend you pay a cost be it your health mental state call it what you like lack of enjoying the fruits of live while in your youth were one is more apt to enjoy it.
Sub-penny bound before they even get out the gate IMO....
Oh well, just like any thief will tell you...
"Doesn't matter how much we get for them, they were all free anyways, it's all profit"
(With the exception of the take-over costs related to ATRN's ticker)
I wish they didn't have it marked at $1.25. I could see a big forward split to hit that number then the action will start.
Thanks.
Yeah, it's a blessing to have all of my kids...
But this one in particular (as well as my youngest daughter in cheer) gives us all something that we can do together as a family.
Matter of fact, have another tourney coming up Jan. 22nd in L.A., about 5 and 1/2 hrs. from here in Modesto.
http://www.nabjjf.com/index.php/component/content/article/41-tournament/tournaments/221-2017-all-americas
http://www.discoverlosangeles.com/blog/100-almost-free-things-do-los-angeles
Champagne lifestyle of a beer budget.
Should be fun.
(and don't forget to subscribe)
https://www.youtube.com/channel/UCe6iaAen6fw844ro6YFhq7g
Wow he is pretty good.
Call it what you want...
It's still putting make-up on a pig as far as I'm concerned.
When you (meaning I) owned over 10% of all shares that existed (w/the exception of prefered shares) but now only own a miniscule amount of what existed prior....
Let's just call it what it is....
A good old fashioned railroading.
But that's cool, I'm a man, I can take it, no biggie.
After all, that which does not kill you, truely does now only serve to make you stronger.
Just like I tell my kid about his jiu-jitsu tournaments...
There is no winning or losing in the arena. There is only winning and the opportunity to learn.
(By the way, you can check him out on YouTube @ Aeric Amerel and be sure to subscribe. THNX)
Peace.
If you sell now yes for what that lousy bid is. They could sell the company but chances are the equity debt always goes with it so again you will be dragged along with the enormous mounted debt tied to the small assets held to that debt.
Now a company can have zero monatary assets but be a viable company if those assets were proceeded toward collateral freeing up new debt that can be sold again increasing the equity debt on the balance sheet " outstanding shares".
Okay, you have lost your money only for the moment tomorrow could be very different.
Dilution is based on value added. No one has been diluted. If I did some fifty hours of consulting at a thousand dollars an hour being it short term employment with no gold watch or house in the end then I'm entitled to compensation at market value of the stock. I can now sell my interest and it would be of your interest to buy my compensated shares.
Now we know that a thousand dollars an hour is a steep compensation for advise that is readily advailable on the internet and to those who paid well above par for there shares " strike prize " then fractional shares will help compensate those individuals who purchased early.
I can go on about the many methods that investors have tried too beat the system but I will tell you there is no loop hole.
My friend in the end everyone pays the same except the ones who trade the issue.
This brings me too the discussion of treasury stock and how the treasury was built up.
The company can only hold a self interest for a maximum of three business days and can only buy on a up tick in the stock. They can accumulate a debted position by forward splitting the issue but must borrow bank funds to cover that position or sell bonds know as underwriting an issue before the treasury stock can be sold.
I hope this helps you out in explaining that your really not being diluted as you think you are but being manipulated into purchasing more equity. This process has built a great nation, imbrace it, understand it and it will make you rich.
Tell us something we don't already know....
I am the rightful owner of over 10% of this company until they diluted me out...
And now all I can do is watch, w/my measly 56 shares left....
It is what it is man...
Don't take it personal, it's just stricktly business.
(but that doesn't mean we should stop praying for a miracle)
We have lost all our money
Crazy volume when one considers the number of shares in the float. I wouldn't sell less then a hundred dollars a share my self that would turn my thirty shares into $30,000.00 dollars a fraction of the spread between the market cap plus the other equity minus the common share value. He he ha ha
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Protagenic Therapeutics Inc. is a biotechnology company focusing on the discovery and development of novel, naturally occurring human brain hormones for the treatment of anxiety and depression based mood disorders. Our scientists utilize a proprietary search algorithm to identify new bioactive peptides in the genome. With this technology, the Company has created a portfolio of five novel neuropeptides that are in various stages of development and preclinical evaluation for the treatment of mood disorders. The lead product candidate, PT00114, is targeted to inhibit anxiety and depression without interfering with normal brain function. Recent studies report an important relationship between mood disorders and disturbances in neuropeptide circuits of the brain. Therapeutics that target the natural neuropeptide circuits that are responsible for restoring normal emotionality may offer effective and safe new treatment options. An estimated 340 million people worldwide and 21 million people in the United States suffer from major mental disorders including Major Depressive Disorder, Bipolar Disorder and various Anxiety Disorders. The mission of the Protagenic Therapeutics Inc is to provide innovative, safe and effective treatments for anxiety and depression by using natural neuropeptide hormones to restore normal emotionality |
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