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To save money they could go unaudited and file a form 15 to save money
So was I but not directly by the company.
Nostrum may be struggling financially and cannot pay for trials etc on their own. I am wondering if this isn't going to wind up being a situation where CRXM has to take on another partner and buy out Nostrum because Nostrum needs the cash.
I was told that they are trying to find new investors/funding.
Seems doubtful at this point.
Are these guys ever going to file the rest of the filings to get off the expert mkt? goodness
Maybe we will hear something after the New Year.
Blessing to you and yours in 2023!
Doc same for you and your family....For me it's Hanukkah.....I hope we hear something positive soon!
Merry Christmas to you folks here and at Gene Biotherapeutics. Blessings to all.
Looks like moxt everybody has moved on. I don't blame anyone considering the lack of follow through by the compamy up to now.
Who knows what the future holds. Perhaps Chris will finf investors willing to finance the trial.
Blessings to all this holiday season.
Anyone still bullish?
The two lovers have disappeared from the forum after pumping this by fake information. I assume they spread it around for a final pump so they could offload their position before the trading stopped. Good for them though. Use any tool at your disposal.
Six business days since I emailed Mr Reinhard. No response. I think it is safe to say sice we haven't heard anything from CRXM, they have no ability to start the phase 3 trial in January.
My guess is Nostrum is struggling with their own business and cannot commit to funding the trial.
That would leave it up to Chris to find alternative financing.
Lets at least be grateful for the SEC Rule 15c2-11. A bit too late, but at least will help with future OTC scams.
Yeah, these people in this company straight up stole our investment.
Welcome OTC b.s.!
What kind of company won't even send a reply?? A shady one!
In my opinion. CRXM??
To be fair to them it was not unexpected. The fact that they did not bother becoming current "in a timely fashion" to quote some people was a clear indication that it was unlikely to ever trade again. If they intended to not screw investors, they'd go above and beyond to be current before the deadline hit.
docj, not a bad idea. I sold most of my shares before this pig went into the abyss but am still holding 800,000 shares. In my opinion, Reinhardt and company are just trying to slither away. If you follow the links you provided last week, it states the company has not even bugun to recruit patients for the Phase 3 trial yet. Toast!
so looks like phase3 never start so much potential so low input ridiculous
Someone somehow sole 150 shares just now
Anyone know if James Grainer is still with Nostrum? Seems like he was listed under their management team previusly. I would take it as a bad sign Nostrum is struggling with its core business and might not be able to follow through on their plans with Gene Bio if he is gone.
Zero answer after waiting for a response by email from this company.
Next week I will give a call to number provided to me by same individual at a sub unit of the main company.
CRXM??
I like your idea very much. I don’t have many shares, just around 100k. But I’m in!
It might be time to begin discussing the option of organizing as beneficial ownership group. Perhaps management might pay attention to shareholders if we banded together as a group.
IF, and it is a big IF, they actually start the trial. How long has it been pushed already?
So this is good news that it starts in less than 2 months?
About 3 months has passed since the CEO sent the investment proposal and then the valuation comparison to Tenaya Therapeutics.
Clinical Trials site still shows January as the trial start date as of now. https://clinicaltrials.gov/ct2/show/NCT02928094?term=affirm&cond=Refractory+Angina&draw=2&rank=1
Not a peep from the company as far as I know to anyone, either publicly or privately, since the middle of August.
I am guessing they never responded? Toast.
I sent several to this one and never heard squat. I never tried the Nostrum email.
info@genebiotherapeutics.com
I sent an email to the account I was given by a gentleman at one of the numbers related to CRXM. I will let this board know if I receive a response.
If not, I will then call the number that I was given by same gentleman.
Thanks and hopefully we will get a response about direction of CRXM.
Thanks a lot, fatty, for your extensive response. I was thinking about the management being fraudulent, but perhaps they are honest and have good reasons for this situation and they know what they are doing. But if not, I think they are personally liable, not just the company.
From a “listed” not ok. From delisted, perfectly fine. It was the reason for being delisted to begin with. Doubt you’ll get anything at all. It will be difficult to prove anything was done intentionally. They had no revenues, no source of income seems to be a good enough reason to go dark imo. It was a risk/reward kind of stock. Doubt there is any cash left for company to pay anyone anyway. All we can do is accept it and move on. My 5k shares will never pay off.
Is this behavior from o listed company ok? Should we talk to a lawyer?
Its a goner. Time to face the reality and move on. Look at the bright side, if you made profit elsewhere just write it off as a total loss.
More than 6 months has passed since any filings by Gene Bio with the SEC. Longest stretch without official news in a few years.
You bet, be interested to hear if they are still kicking and working toward getting caught up on filings before they get purged.
Thanks for reaching out.
Sure, no problem.
That email definitely shows when he started using email.
Old schooler! Lol!
Yes, I want to know what the deal is after so long a time with zero updates.
CRXM?
Thanks for looking into this.
Hmmm aol is still a thing?
When I called Nostrum's number, a gentleman was nice enough to give me an email for the man in charge of Taxus Cardium Pharmaceuticals Group. The email given to me is nirmalm@aol.com and a phone number of 609-662-0180.
I will now write to this email and hope for a response. I will also call the number above on Monday when I have time.
Thanks for pointing in right direction Gnarley.
CRXM
Two and 1/2 years since Nostrum became involved. Coming up on a year since Altitrade Partners put this piece out:
https://seekingalpha.com/instablog/22758161-altitrade-partners/5660088-thoughts-on-when-gene-biotherapeutics-may-begin-trading-again-and-beyond
10/4..thanks for the reply/info.
He also was the one who sent the Fact Sheet & Proposed IPO Bridge C-Round Debt Financing
I'm curious to who gave you the uplist comparison chart you posted in August..was that from CH?
Thanks, I will post any response or lack of response I get from Nostrum.
CRXM?
Thanks and I will post any response from the company.
CRXM?
What is best Nostrum company phone number to reach anyone that might know what is going on with this Stopped Out Ticker.
Not customer service, but a direct number if anyone has clue on this message board. Thanks
CRXM??
I've reached out multiple times to CR with no response. Seems like if something was actually in the works we'd be hearing anytime.
Still, Nothing!
Total B.S.!
CRXM????
Seriously concerned about Chris’s wellbeing. He ain’t a young boy no more. Someone gotta check up on him just to make sure he’s still amongst us. He ok?
Good points.
I would like an official update. It is past time for a communication. Their lack of follow through on getting filings current raises my concern level. Although I also know should they IPO etc, these things will be taken care of in due course.
On August 2, 2021, the Audit Committee approved the appointment of RAM Associates, LLP (“RAM Associates”) as our new independent registered public accounting firm, effective immediately, to perform independent audit services for the fiscal years ending December 31, 2021 and 2020. RAM Associates has served as the auditor for Nostrum Laboratories, Inc. and its affiliates, which are subsidiaries of Nostrum Pharmaceuticals LLC, our largest shareholder, since 2008.
Clinicaltrials.com update:
https://clinicaltrials.gov/ct2/show/NCT02928094?term=generx&rank=1
Understanding refractory angina and the AFFIRM study:
https://www.myrefractoryangina.com/
Taxus Cardium Announces Name Change To Gene Biotherapeutics
January 10, 2018 PR-M01-18-NI-021
SAN DIEGO, Jan. 8, 2018 /PRNewswire/— Taxus Cardium Pharmaceuticals Group (Trading Symbol: CRXM) today announced plans to affect a name change from Taxus Cardium Pharmaceuticals Group Inc. to Gene Biotherapeutics Inc.
The name change reflects the Company's plan to exclusively focus on the late-stage clinical research and commercialization of gene-based biotherapeutics for niche markets in the oncology and cardiology spaces for patients with unmet medical needs. Gene Biotherapeutics is actively pursuing the acquisition of clinical development and commercialization rights to new and innovative, late-stage, DNA-based product opportunities focused on multiple forms of cancer to leverage the company's established and validated adenovector-based technology platform and deep experience in the clinical advancement and commercialization of gene therapy product candidates.
Previously, the Company established Angionetics Inc., an 85% majority-owned subsidiary, to lead Gene Biotherapeutics' cardiovascular clinical research and commercialization activities. Angionetics is currently focused on independent financings to support advancement of the FDA-cleared, Generx AFFIRM Phase 3 clinical study of patients with refractory angina (myocardial ischemia) due to advanced coronary artery disease. There are an estimated 1.0 million patients with refractory angina in the United States. Gene Biotherapeutics' plan to advance forward to establish Angionetics as an independent company remains unchanged. As previously reported, Gene Biotherapeutics expects to retain a substantial long-term equity investment in Angionetics following completion of the planned external financings. For more information about the Generx AFFIRM Phase 3 clinical study visit www.MyRefractoryAngina.com.
Angionetics is also considering the initiation of multiple Phase 2 clinical studies to evaluate the Generx angiogenic gene therapy product candidate as a treatment for patients with Cardiac Syndrome X (microvascular dysfunction) and certain forms of congestive heart failure, including ischemic cardiomyopathy.
Angionetics' Generx [Ad5FGF-4] is a first in class, disease altering, one-time administered, late-stage, angiogenic gene therapy product candidate which has been biologically engineered to enhance blood flow (perfusion) in ischemic regions of the heart by leveraging cardiac plasticity to promote the natural formation and growth of microvascular coronary structures (collateral vessels). This is achieved by stimulating and augmenting the heart's innate natural capacity to modulate the enlargement of pre-existing collateral arterioles (arteriogenesis), and to form new capillary vessels (angiogenesis) in select ischemic regions downstream from large coronary arteries.
Angionetics is being uniquely positioned to become a leading molecular interventional cardiology company, and is seeking to develop a portfolio of new and innovative, single-treatment, gene-based, catheter-administered therapeutic products focused on the biologic modulation of cardiac conductivity, contraction and angiogenic revascularization to address the global unmet medical needs of millions of patients with multiple forms of heart disease. Consistent with Angionetics' business strategy, the company is currently considering the acquisition of several early-stage gene therapy product candidates. To learn more about Angionetics visit www.angionetics.com.
As previously reported, Gene Biotherapeutics further plans to monetize its FDA-cleared, U.S.-patented, Excellagen, a highly-purified, aseptically-manufactured, fibrillar bovine collagen [2.6%] flowable dermal matrix for the treatment of diabetic neuropathic lower extremity ulcers, pressure and venous ulcers as well as other wound healing applications. Excellagen has demonstrated its medical utility as a delivery platform for stem cells, and also carries the potential as a topical dermal delivery vehicle for small molecule drugs, peptides, proteins, and exosomes. Excellagen® has been designated as a skin substitute (bearing a unique product Q Code), in accordance with the standards established by the U.S. Centers for Medicare and Medicaid Services (CMS). For more information about Excellagen, visit https://www.youtube.com/watch?v=D2GYCYc_8JE.
As of December 31, 2017, approximately 14.3 million shares of Gene Biotherapeutics Common Stock were issued and outstanding, and approximately 4.6 million additional shares of Common Stock have been reserved for future issuance upon the conversion of the Series A Convertible Preferred Stock.
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