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For anyone who missed it, here's the latest facts as reported by stab management:
Completed another fund raise. This one placed 12.5 million shares plus warrants for another 25 million shares at $.45 and $.5625/ unit (each unit contained 1 share and 2 warrants). The company netted $4.8 million cash. It also lowered the exercise price of 2 million warrants from the prior offering from $1 to $.43 (not positive about this but I believe I read it somewhere). Also granted options to purchase 1.8 million shares at $.43 with 2.6 million warrants.
So recap:
Prior offering raised about $1.8 million with 2 million shares of dilution plus warrants for 2 million more shares of dilution at $.43.
Latest offering raised about $4.8 million with 12.5 million shares of dilution plus 25 million warrants plus options for 1.8 million shares and warrants for an additional 3.6 million shares. All at prices about half of the prior offering. Here's a link to the latest report in case I got any of the details wrong:
https://ih.advfn.com/stock-market/NASDAQ/statera-biopharma-STAB/stock-news/87654468/current-report-filing-8-k
See the pattern of more dilution at lower and lower prices? The cash from the prior offering should be just about gone by now, and this new $4.8 million might last 2 months (based on the latest financial reports). No wonder a reverse split and increase in authorized shares is coming (as reported by the company itself). No wonder its NASDAQ listing is in jeopardy (also as reported by the company itself). No wonder the price is under 50 cents.
[b"]Keep STAB stock on your Watch List as biopharmaceutical companies are increasing in value as clinical research studies intensify. Link to more news at https://www.staterabiopharma.com/"
https://www.marketwatch.com/press-release/biopharma-stocks-targeting-crohns-disease-in-137-billion-market-stab-arna-gild-and-rdhl-2022-03-16
Amazing to see shorters still around here, LOL!!!!
I am still holding my STAB shares.I have time.
Amazed to see some people still hanging on all the way down from $7. Just wondering, did shareholders of the cytocom half of this merger realize its terrible financial condition or was that kept hidden because it was a private company?
The bottom line is the drug will work for crohn's disease with no side effects. However, they have no money to do the Phase 3 trials. Not sure how far 5.7 million will get them. They will probably continue to need to raise more so further dilution will occur. This is a long term play but how it all works out no one knows for sure.
Stock at 34 cents, down from $7 not too long ago, and $1 recently. Real money maker for everyone buying at 60 or 70 cents and looking for multiple dollars.
Well done lovemelongtime. You are right, dont listen to shorters.
No need to listen to anything I say. Everything anyone needs to know is in the company's financials and other filings. If reverse split, increase in authorized shares, possible Nasdaq delisting, and more offerings at lower and lower prices sounds like reasons to buy, have at it.
I have read many of your comments and it seems you are a permabear, so I will continue to read your posts for now, buy most likely disregard them the same as I will pumpers. Stock go up, stocks go down. If there is anything going right with this company now seems like a good time to buy. "IF" Thanks for the response.
Just read the company's financials. Lost $34 million last year, out of cash, doing stock offerings at lower and lower prices, reverse split in the works. Read my posts on this board and see I spelled it all out and warned ever since the $1 level.
And don't be fooled by any claims of buying at exact highs or lows. Also be wary of claims of selling on the news when there wasn't any news to sell on.
I see lots of pump statements with no substance, but does anyone really know what's going on here or is this just a momo play? Lets be honest.
Dipped my toe in at .34 today. Most boards have one or two people who are in the know about what to expect. Just wondering who those are here??? Thanks in advance.
Let me explain how it’s done. Buy on rumor of news at .53 and sell when news comes out with high volume at .82 banking over a 50% gain then buy back at .33 today!! It’s aboot Bloody stock market 101 Eh !!
How amazing for anyone to be able to buy at the absolute low and sell at the absolute high; not bloody likely. Then report the trade a week after the fact. Bloody bullshit.
Bought tat .53 sold at .82 made a killing short man
Was that just another power hour? Hard to tell, they all look the same. This is what's known as a death spiral. Offering more and more stock at lower and lower prices. But no one should be surprised as the company flat out tells you what it's problem is (no cash), and that even after a reverse split the price may fall below $1 again.
And more news: remember those 2 million warrants to buy stab at $1/share that were part of the last offering? Well, they just announced they will be "repriced" to future offering prices. In other word, the lower new offering prices go, warrant strike price will go right along with them. Yep, sure smells like a death spiral.
Same thing was being said when stock was at 70 cents, then at 60 cents, then at 50 cents. Huge volume and down to 34 cents today. Company about to do more offerings at lower and lower prices, just as predicted. Also worried about losing NASDAQ listing.
Don't take my word for it, just read the company's own filings. From today (short version in red = massive dilution on the way):
These prices will seem very cheap in coming weeks and months up ahead imho
$STAB
Great NASDAQ potential company and yet the stock is undervalued
$STAB
Yep. Load up while you can at these levels!
Agreed! These levels are too good to pass up!
$STAB sellers left more cheapies for us thanks !
This level is nothing more than another BUYING opportunity
$STAB
The market is all about finding and rewarding the REAL DEALS nowadays and $STAB is definitely as real deal as they ever come!!!
Bigger and better things coming on.
We all know the real value of STAB. This will blow up organically with the price ascension.
Every cheap level is the excellent spot to accumulate this stock when trading is on play
$STAB
$STAB Lots of things coming in pipeline! https://www.staterabiopharma.com/pipeline/
Smart ones like to invest in stocks and hold on until they go up a minimum 50 percent
$STAB
STAB has a bright future as a pharmaceutical company
Cant wait to see people jump out of their seats
Smart buyers should look into this long term upward trend of $$$
$STAB
Absolutely Agree .. Holding Tight
I believe APRIL will be EPIC. STAB time to move up
Only silly folks soo clueless giving away cheapies
$STAB
STAB as a biopharmaceutical company is on a very positive step for a strong story https://www.marketscreener.com/quote/stock/CYTOCOM-INC-125324701/news/TopNewsGuide-STAB-Well-Positioned-For-2022-Growth-Phase-3-Update-39607365/
Nice volume so far STAB!! https://ih.advfn.com/stock-market/NASDAQ/statera-biopharma-STAB/trades
Sad to see people lose so much money on stab, since all the warning signs were obvious and readily available to anyone who read the financial statements from the company itself. I have been warning about this for weeks.
STAB will surely end up in the OTC market .... as ADXS will end up in the same way ...
Where are all those buds who loved stab at $.70?
Anyone ever hear of the totally ridiculous strategy a handful of investors call dilution insurance? Proceed with extreme caution if mentioned in relation to stab since it has already been demonstrated as a way to lose a lot of money in other stocks.
Hypothetical example:
Ignoring all the obvious warning signs, someone purchased stab shares when they fell below $.60
Then after today's bad news, immediately purchased twice as many stab shares at $.40
Keep on buying all the way down until the company becomes untradeable.
Some strategy, eh?
stab $.38, looks like it's going to be awfully quiet around here today. Clear and simple to see this coming just by reading the company's financials. Sorry for those who continued buying despite all the warnings.
Patents attributed to Chanrasekhar Satishchandran
https://patents.justia.com/inventor/chandrasekhar-satishchandran
$STAB ?? SEC Form 3 filed by new insider Chandrasekhar Satishchandran
https://t.co/VOkcrIXABe
45 seconds delayed.
Wouldn't own shares in a company that loses $30 million+/year and has no cash. Enjoy tomorrow's trading, should be power hour all day lol.
Yeah, I recommend YOU sell your shares.
WOW. What the hell just happen? I guess I can really average down now. Lol
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