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Is it an automatic delisting in this dips below $1 today ?
My concern is
Aegis will use the repriced warrants to cover after making their profits by naked shorting from the top to the warrant repriced bottom
Alot easier for them to make money on the way down
Look at $UCAR
Same repriced cashless warrants and it never bounced because the hedge funds made their money on the way down and have no motivation to move pps back up
Retail is left holding the bag with an OS much much larger than post RS
Nope, that was the 2nd 180 period, compliance is required this time.
Here's their first notification last March:
https://www.sec.gov/Archives/edgar/data/1402328/000168316823001754/sunshine_8k.htm
Read this, this is not true.
Sunshine Biopharma Inc. (NASDAQ:SBFM), a pharmaceutical company, received a 180-day extension on September 21, 2023, to achieve compliance with the Nasdaq $1.00 minimum bid price rule1. The extension was granted until March 18, 20241. This suggests that it was the first time the company entered the 180-day compliance period. If at any time before March 18, 2024, the closing bid price of the Company’s common stock is at least $1.00 per share for a minimum of 10 consecutive business days, the Company will regain compliance with this Nasdaq rule1. This current notification from Nasdaq has no immediate effect on the listing or trading of the Company’s common stock
They're into that 2nd 180 day period already. They need to hold the $1 for 6 more trading days.
CYN got another 180 days approved, SBFM is next.
Pure crap! But you know I will pounce for a minute or 2
Interesting. Good color. Thank you
They're getting dangerously close to delisting. They have to hold above $1 bid price for 10 trading days, and this is the 4th since the RS.
When to buy? Tmrw or Thursday? Thanks
Sounds about right
Management doesn’t respond they stay quiet and take.
FDA allows first ever Canadian drugs import to U.S. Forbes Jan 5, 2024
Hit $1.30 low after hours 🤷♂️
Agreed. Place you bets from .90-.99
Y do u think it could pop to $10
Thanks. Today should be interesting. I bought on Friday by mistake but will buy a chunk tmrw. This could pop to $10 easy before the dust settles
Looking from pre Market activity that they are looking to lock in a VWAP of $1.50 today or even lower
Yep…
Or Tuesday if a lower VWAP seems unlikely
So buy on Wednesday for a nice pop?
This is whats going on 🤮
$SBFM $1.80 SORRY FOR THE DELAY IN GETTING THIS OUT, I WAS HOPING TO CONNECT WITH MANAGEMENT TO CONFIRM MY UNDERSTANDING AS OUTLINED BELOW TO BE CORRECT. SADLY THEY HAVE NOT RETURNED MULTIPLE CALLS OR EMAILS.
— TheGodF🅰therKnows (@smantel) April 19, 2024
WHAT DID I GET WRONG?
⭐The pre-rollback $0.10 floor price referred to… pic.twitter.com/CCX9zpxouq
What do you expect from a company with an OTC mentality …
Watch these idiots go to the Nasdaq hearing on April 25th back under $1 after a 100:1 RS only seven days earlier
A candidate for delisting…
Looks like these losers done it again … that is all they do , post bs pr’s then rs on the common investors. There track record of historic rs’s is a strong telling story of shitshow this so called company is. Feel for anyone still trying to ride this one out. Best of luck to anyone still in this one.
They have been doing this for years
After 1:100 reverse split dived big what a dilution machine
11 million traded on a float of nearly a million. Can we say naked shorting?
Well I guess this was a flop. I guess I will just short to zero. Sounds like a free ATM….
Can it get any worst.Yes it can.Insiders have been dumping shares from before the RS.Now it's just snowballing.Common shareholders are going to be left with nothing.Good luck and good trading.
Just a paper hanger
Garbage stock
Crazy… what’s the deal
Bidding 99 cents here. Should be here in two days
Doesn’t matter I’m hoarding as money shares in the float as possible. Not financial advice. I like risk IMO. No gamble no future…
How many shares are outstanding now? 600k?
Averaging down. Not buying it. Accumulation for short squeeze IMO.
So many r s , won’t otc investigate them
Is it coming?
Numbers are to be divided by 100 because of RS.Good luck and good trading.
ncome Statement
Revenue (ttm) 24.09M
Revenue Per Share (ttm) 99.02
Quarterly Revenue Growth (yoy) 94.90%
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SUNSHINE BIOPHARMA INC
ANTI CANCER DRUGS
ANTI CORONA VIRUS RESEARCH
SBFM Transfer Agent
Corporate Stock Transfer
3200 Cherry Creek Dr. South
Suite 430
Denver, CO 80209
(303) 282 - 4800 p
(303) 282 - 5800 f
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