Ritter Pharmaceuticals Inc (RTTR)

[rawsteel]

That's it! See what they tell you

[rawsteel]

They seem in no hurry to post the outcome. I wasn't able to log in for meeting, did anyone else get to?

[BluSkies]

What they say?

[rawsteel]

1 for 35 reverse split sounds right, as best as I can remember

[dillonview]

Thought it was 1/25 to 1/35.

[rawsteel]

Investor Contact: John Beck 310-203-1000 [e-mail]

Waiting on info too

[figaruch]

Where is the official pr or filing on the approval I'm waiting patiently .

[kingsransome]

so r/s is 50k to 1?

[Tutu]

Link

[aidytrader]

Merger confirmed yeeeeasssss

[Tutu]

Deal ain't done

[BluSkies]

WHAT HAPPEN??

[suny0501]

approved

[rawsteel]

Anyone heard anything on the meeting

[Natureboy1]

Nice spike here. Ready for next leg!

[BluSkies]

GOOD LUCK!!!

[MaximusProfiticus]

The way they are holding this back & keeping indicators from getting hot tells me the merger is a go today

[BluSkies]

Merger news today! GOOD LUCK

[BluSkies]

Today is the big day. Don’t get scared.

[MaximusProfiticus]

Think so
I doubt very much they will reintroduce the original plan.
I could be wrong tho

[BluSkies]

Something is brewing....

[MaximusProfiticus]

Originally yes.
There may be another option / combination of options being discussed.
It’s quite evident there was / is some objections to original proposal.
Maybe a lesser r/s or a retirement of certain class shares w/ an incentive proposal or the combination
Just thinking out loud

[Delarig777]

No R/S = No merger

[ClayTrader]

* * $RTTR Video Chart 05-15-2020 * *

Link to Video - click here to watch the technical chart video

[BluSkies]

Basically sounds like the investors didn’t want to put money into an OTC stock but now that’s changed

[BluSkies]

Here is what make sense to me...

In conjunction with the merger transaction, Qualigen has arranged the securing of additional capital from an institutional investor (the “Pre-Closing Financing”) to support funding of its operations and expansion of its clinical development programs.

The Merger Agreement may be terminated by the parties under certain circumstances including, among others, by Qualigen if the Company is unable to maintain its listing on Nasdaq up until the Effective Time of the merger.


(“Ritter Pharmaceuticals” or the “Company”), today announced that it has received written notice from the Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with Nasdaq’s stockholders’ equity requirement for continued listing on the Nasdaq Capital Market.

[MaximusProfiticus]

LOL
Through the roof is what would happen :))

[BluSkies]

That’s my hope but wow that would be so huge I don’t even know what would happen . Don’t get me too excited!

[MaximusProfiticus]

Think we’ll see that (R/S) taken off the table

[BluSkies]

I am here for the blue skies

[BluSkies]

They’ve obviously have already. The 1 for 35 RS is ridiculous.

[dillonview]

Why would RTTR share holders reject in that situation? Makes little sense.

[BluSkies]

If this get denied though could take a 50% cut or approved 100%

[dillonview]

https://www.bizjournals.com/louisville/news/2020/04/22/u-of-l-goes-for-fast-track-approval-for-new-covid.html

This article talks about Qualigen aptamer approach being used for a cornavirus treatment. Talk about fast track with FDA. Would be big if company is involved.

[BluSkies]

I like the patients

[MaximusProfiticus]

Browsed their website
Pretty impressive !!!

[BluSkies]

Qualigen

[Gougbjj]

What's the main story behind this stock?

Why should I be a buyer?

[BluSkies]

Yes

[MaximusProfiticus]

That (R/S) was most likely an issue some were not pleased w/.
Would not shock me to see it taken off the table for now to move the merger forward

[FreeBird]

Merger without a RS, if so, BOOM

[ClayTrader]

* * $RTTR Video Chart 05-14-2020 * *

Link to Video - click here to watch the technical chart video

[MaximusProfiticus]

They might!

[yankees18]

Watch them cancel the RS

[MaximusProfiticus]

Beginning to think the company through this on purpose. This shoulda bounced back up
They’re selling shares...guaranteed

[stockcrasher01]

Your welcome.

[stockcrasher01]

I heard not enough votes but can’t confirm that rumour..

I think it’s going to happen on the 18th now..

But again I never confirmed it myself so please do your own DD

GLTA

[the_negotiator]

Do we know why it got postponed?

[rawsteel]

They will be trying hard to run it up now. Thanks for info

[stockcrasher01]

Vote got postponed,

stop loses hit..