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It was a disaster way before that.
This has been a unmitigated disaster since the RS. There is nothing to add other then:it's been a loss.
Remember when we were told by a certain poster on here that Borgers CPA was a top notch accounting firm? I told that disinformation peddling poster he was full of it and that Koos had a reason as to why he used them. We’ll, now we know why the konman used this particular auditing firm
https://www.debevoise.com/insights/publications/2024/05/sec-charges-now-suspended-audit-firm-bf-borgers
Generally, reverse/splits are intrinsically awful for OTC stonks.
I care. I read posts by honest people.
There’s no proceed with caution when it is about David Koos in Rgbp, It is a dead end, backyards full of beard traps and you are in the middle of them. Only suggestion is to walk away if you have never gambled in here. Now, for those already in it, like me, I have this:
Koos: You’ll not die, but you’ll dry, slowly!!
Look like all GREEN flags to me red crayola boy.
Big Red Flags from Bio-Matrix and Regen Biopharma :
In a previous article warning investors against the dangers of over-the-counter stocks, we highlighted 8 patterns followed by many OTC companies that fail and consequently lose investors a great deal of money. One company we came across recently that ticks almost all of these 8 boxes is Bio-Matrix Scientific Group (OTCMKTS:BMSN) and their majority-owned subsidiary, Regen Biopharma.
https://www.nanalyze.com/2014/03/big-red-flags-from-bio-matrix-and-regen-biopharma/
[color=red]History of David Koos's life as a con man :
David Koos Scares Me - I just dumped all my shares. I should have done more research into the CEO and the company. It may get pumped again and some may make a little, but this whole thing seems to scammy for my money.
I bought RGBP because they made a deal with OPNH. I really thought they had something... I really wanted this stock to work out. Taking my loss...
You can google "david koos scam" and find all kinds of information.
In 2005, he was part of GISBeX offshore stock exchange scam. He got out early neough to no bet prosecuted. He did not serve jail time, but others did. https://www.sandiegoreader.com/news/2005/mar/17/penny-swindlers/
It is alarming how man issues this Koos guy has run into. I have no idea how I missed it. (https://casetext.com/case/starcity-capital-llc-v-bio-matrix-scientific-grp)
The item that caught my eye is that he is a CEO of two companies and they both made deals with OPNH. I am not sure how it is all connected, but again seems sketchy.
I hope you all the best, but proceed with caution and do a few google searches."
- From a former shareholder!
https://www.nanalyze.com/2014/03/big-red-flags-from-bio-matrix-and-regen-biopharma/
https://www.reddit.com/r/RGBP/comments/mu215v/david_koos_scares_me/
https://www.reddit.com/r/bestdaytrading/comments/ltzt9u/onph_beware_company_issued_20million_shares_plus/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136607229
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168620243
[/color]
Nobody cares.
Nobody reads posts written in red crayon.
Get over it…
David Koos' crooked past :
Bio-Matrix Scientific Group, which says it is a biotech in such areas as adult stem-cell cryogenics, was formerly on GISBeX but isn't now. It changed its name from Storage Suites America last December. It keeps pumping out news releases saying it "is preparing to apply for a stem-cell research grant" or is applying for "a cryogenic stem-cell bank certificate" or applying for "International Society of Stem Cell Research" membership and the like. Self-promotion based on applications is not a good sign. "We're a developmental-stage company," explains David Koos, chief executive, who says he doesn't know anything about GISBeX. The stock trades on the so-called pink sheets -- caveat emptor incarnate -- and does not report its results to the Securities and Exchange Commission. The stock has been selling for 34 cents per share.
https://www.sandiegoreader.com/news/2005/mar/17/penny-swindlers/
anybody recognize this trash (see portion in bold)
(Bloomberg) -- (djt) "just became the most valuable publicly traded client of an accounting firm that has more experience auditing companies traded over-the-counter and has had a string of regulatory issues, including a 100% deficiency rate on audits reviewed by a US watchdog."
(djt) "said in recent regulatory filings that it will keep BF Borgers, a Lakewood, Colorado-based accounting firm, as its auditor after starting to trade publicly late last month. A Canadian regulator said last year that BF Borgers violated its rules for auditors, while the US’s Public Company Accounting Oversight Board found multiple deficiencies in every audit it reviewed from the firm over the past two annual checks."
https://www.dailykos.com/stories/2024/4/8/2234106/-DJT-hires-accounting-firm-with-100-deficiency-record?pm_campaign=trending&pm_source=sidebar&pm_medium=web
Reminder that the Konman couldn't get funding for HemaX years ago. What is his master plan to try to get the IND reinitiated for it now?
SHouldn't be a shocker that Konman Dooshbag Dave is pivoting back to HemaX as all of his other scams have become big steaming piles of turd. Duracar turned into duraCRAP as in vitro lab test proved they have nothing.
AS I HAVE BEEN POSTING FOR YEARS, AND BEING PROVEN RIGHT HUNDREDS OF TIMES, THIS IS A FRAUD OF A COMPANY BEING RUN BY A FRAUD OF A CEO.
Also remember he did business with the fraudsters who were running that scam company Oncafakeapharma. It's ceo is now in prison for running a fraudulent company. Do you really think Koos didn't know this? Birds of a feather flock together....
The SEC should investigate Koos and put him in the clinker for stockfraud.
Hey Bud!
Looks like DuraCar was a DuraBUST as we now see the Kooster pivoting back to HemaX.
LOL ROFL PIMP!
The big mistake was the RS. The stock had decent volume before. Now nobody is going to buy it. Traders are too smart now. They know RS means major dilution. Why would anyone buy after an RS. Such a dumb decision.
No, it means the stock is a fucking scam.
Man, you sure LOVE SCAMS.
I suppose the pig analogy is a major insult back in Kazakhstan, but here in the U.S. using an anthromorphism to describe someone you don’t like and don’t even know doesn’t even make sense.
I mean really- pigs can lie?, LOL
Please- if you’re going to post, put it in a color the colorblind can read and learn to speak proper English.
I can provide you with hundreds of proofs over more than twenty years that David Koos is a patented swindler and he doesn't know how to do anything else, this lying, thieving pig !
“Scam” is just a common generic term used by the Goober Squad that roughly translates to “sell me your shares at a discount so I can buy, flip and repeat.”
After all these years of repeating themselves, the tactic is not as effective as it once was, so they’re basically harmless.
It’s just a thing the OTC is known for.
I think most investors keep a clean board by tossing the scam-squealing goobers onto the iggy bus.
That way they can just talk among themselves…
Shit, first time I agree with you. But I am beginning to see that you believe all the OTC stocks are scams. Is there any OTC you believe on?
Well RGBP is really a scam!!!
This is what happens when one invests in highly promoted scams.
It has been a unimitigated disaster since the reverse split..
Quite often, a R/S eventually lowers the PPS. I've never been a fan of them.
worst stock I've ever owned. Let it fall IMO
8k out...Item 8.01 Other Events.
On February 7, 2024 Regen Biopharma, Inc. filed a provisional patent application with the United States Patent and Trademark Office covering compositions of matter, protocols and treatment means for accelerating hematopoietic reconstitution after an insult or chronic pathology by administration of stem cell derived endothelial progenitor cells or endothelial cells
Koos needs to be prosecuted and jailed permanently for his hideous action of Reverse split
Did any shareholder make any money from the TS? Some shareholders were ignorant and were supporting the idea of uplifting from RS, how stupid they were.
At the end, the criminal Koos came out on top
The RS happened on 3/6/23 and was huge. 1 for 1500 RS which sent the pps to 2.85 on that date. Now about 1/3 of that post RS pps and will continue to drop.
They always do and usually right back down to the pps before the split.
Patent Application.https://patentcenter.uspto.gov/applications/18358432
I'll pass on that financial advice, but when is this bad boy going to moon?
rgbp->Latest News-No Recent News Available for this company!-ihub
Wow that’s some praise!
The “ biggest scamster”, LOL?
You must be looking for a raise from your boss Koos.
There are probably at least a hundred bigger scamsters than this guy.
You know- the ones whose tickers are going up every day instead of constant red.
Ineptitude is not the same as a scam.
Scams make money, at least for a while.
Learn the difference…
LMAO
O11
KOO KOOS the biggest scamstar in OTC.
So cool that you can have AI generate some random derogatory comments and even tell it to do it in RED.
Post while you sleep.
Ain’t technology wonderful!
LMAO
O11
With a lying, thieving crook like Kooscous who has no pity for the shareholders, I apply the same rule as this rotten thug !
Doesn’t make it wrong tho. Koos did screw us all
Wouldn't be surprised if that happened given market conditions.
I don't care for companies resorting to dilution as a sole means of raising capital, but most companies seem to be doing that.
No doubt. It's a bit creepy.
Assuming you're not asking a rhetorical question, the R/S was a 1,500:1 which means the current PPS is $0.0004925333 pre-R/S ($0.7388/1,500).
Dang, these AI’s are getting better every day.
I don’t know if those were supposed to be insults or compliments, LOL
Wow- and all with just one push of a button.
LMAO
O11
Con man Kooscous is a diluter doctor at all...
But YES ! Kooscous is a Big Pig Loser, because everything he's done all his miserable life has been a series of failures and swindles. Kooscous is a societal parasite and, being unable to earn an honest living, he is obliged to seek out victims in order to feed his horrible, fat, vermin-ridden body. He is thus a useless societal leech, an eesophagus, a sphincter with a primitive brain and elementary basic animal instincts.
If they had proper revenues or capital over all to begin with, they could have taken it to Nasdaq and conducted share offerings or other forms of capital raises... so in theory, but enacting a reverse split, if they uplisted, they could've found more money...
But #1 I think the accounting sucks & the capital just isn't there to pay all those fees #2 You're more prone to scrutiny on the big boards as opposed to the wild wild west of OTC
Imho
Is this at 000s again pre-share split? What was the share split, 1 for 1000?
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0.000x Ticker Symbol: RGBP
Barchart
All other Regen BioPharma News
https://www.regenbiopharmainc.com/company-news.html
Date | Outsanding Shares | Reason for Issue |
---|---|---|
12/31/21 | 4,564,002,832 | |
3/28/22 | 4,580,002,832 | Debt and Interest |
4/7/22 | 4,736,002,832 | Debt and Interest |
5/16/22 | 4,820,002,832 | Debt |
7/1/22 | 4,920,002,832 | Debt |
7/17/22 | 4,970,002,832 | Debt and Interest |
8/1/22 | 5,024,517,324 | Debt |
8/4/22 | 5,031,517,324 | EXPENSES |
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