Protagenic Therapeutics Inc. (PTIX)

[smakkdaddy]

Good one Eddy....

Man that was funny...

Explain to me again how once having $4500 in my account w/ ATRN, to now having $100 w/ PTIX is a "good position"...

And how "averaging down" in this POS is going to help elevate my account level?

Man that was a good one...

You really are a funny guy.

[eddy2]

Don’t fret your in a good position to capitalize on the fractional shares. Remember in the end everyone pays the same. In your case there is no up side unless you average down. You know how that works “Dilution by your own hand” . That has to be the worst dilution there is “ self inflicted dilution “.

[smakkdaddy]

https://globenewswire.com/news-release/2017/09/28/1134398/0/en/Protagenic-s-Neuropeptide-Shows-Strong-Efficacy-in-Treating-Depression-and-Anxiety-of-Established-Rodent-Models.html

Oh crap...

If this PR is the best these guys can do, and Friday was the result......

Been screwed for years now, but now concluding....

There simply is no hope.

Owned 10% of all shares w/ATRN, then dilluted out, and now stuck w/a measly 57 shares of a total POS.

Great.

Ever wonder what having $4500 completely evaporated into thin air feels like?

Go ahead and ask, I'm your huckleberry.

[smakkdaddy]

Oh man the irony....

Suffering from anxiety off and on for the last 12 years or so...

And the last few weeks have been nothing but on...

Oh well...

If I have to be stuck in a total POS, at least it's something that I can identify with and believe in, given that the product actually works.

And, with all of the ongoing global issues, from wars to famines, hurricanes, a solar cool down, earthquakes, superbug outbreaks, and on and on....

Not to mention all of the information overload we are all afflicted with thanks to our smart phones and the internet in general....

Small wonder more people are suffering from anxiety disorders than ever before.

[smakkdaddy]

Hey Eddy...

What do you mean by the spoils of a depreciated tax credit go to the original share holders?

I thought the BK was completed long ago and all had already been settled.

[eddy2]

I wouldn't sell my position for less then $10 but with that said I wouldn't pay more then a buck. " a kick in the ass " my opinion only, don't expect much from what I see happening here, unless they discover the holy grail in drugs. The magic pill to obtain youth forever.

Apparently money has been donated to this quest. Do your own DD, don't take my word for it.

[point_east]

from where we've come from, I'm taking this as a step in the right direction. only up from here imo.

[jerry57]

What is your take on this. I hope to see future movement here

[point_east]

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.

[eddy2]

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.

[eddy2]

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.

[eddy2]

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.

[smakkdaddy]

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.

[eddy2]

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.

[smakkdaddy]

.35 or less yet?

Might throw some $ at this thing if we manage to get down that low...

Otherwise, still a huge gamble IMO

[eddy2]

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.

[Clj20]

I still have some

[eddy2]

Sad as it is bud, I believe you and I are the last ones holding this.

[smakkdaddy]

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

[eddy2]

B.S. Does have its limits.

[javier1973]

5 to 1.90 un three days

[eddy2]

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.

[smakkdaddy]

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.

[eddy2]

https://en.m.wikipedia.org/wiki/Black%E2%80%93Scholes_model

Use the tools provided to you.

[eddy2]

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?

[eddy2]

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.

[javier1973]

Going down again?.

[eddy2]

Me

[smakkdaddy]

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....

[javier1973]

-20%.

[smakkdaddy]

[smakkdaddy]

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

[smakkdaddy]

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.

[eddy2]

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.

[smakkdaddy]

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

[smakkdaddy]

Anyone care to translate?

http://ih.advfn.com/p.php?pid=nmona&article=73816118&symbol=PTIX

Selling, but not selling?

[eddy2]

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.

[smakkdaddy]

Uh yeah....

Could you expand on that a little bit.

Quite curious.

[eddy2]

This is getting interesting.

[eddy2]

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.

[smakkdaddy]

http://ih.advfn.com/p.php?pid=nmona&article=73724840&symbol=PTIX

[smakkdaddy]

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?

[eddy2]

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.

[smakkdaddy]

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...

[eddy2]

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.

[smakkdaddy]

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)

[eddy2]

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.

[smakkdaddy]

http://ih.advfn.com/p.php?pid=nmona&article=73503068&symbol=PTIX

[smakkdaddy]

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

[eddy2]

Like I say I'm impressed, he is very talented.