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WestMountain Asset Management, Inc. (WASM)

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Last Post: 9/21/2018 12:59:26 PM - Followers: 24 - Board type: Free - Posts Today: 0

Image result for cytobioscience inc
(WASM) WestMountain Asset Management, Inc. Reverse Merger with CytoBioscience, Inc. 


CytoBioscience, Inc. website: http://cytobioscience.com/ 


Share structure
Authorized Shares 50,000,000 
Outstanding Shares 11,017,402 
Float 761,750 
https://www.otcmarkets.com/stock/WASM/security 

 
Shares have to be issued for the merger but they're all restricted for up to 2 years per lock-up agreement
https://www.lawinsider.com/contracts/69F0a8ZWXoUh5pnCOUXqbR/westmountain-asset-management-inc/1421603/2018-03-23 

 
After the merger is finalized: 
A/S 100,000,000 
O/S 54,382,961 (Over 53 million are restricted) 
Float 761,750
8-K showing about $40 million in assets valuation with the shares that were exchanged for the merger:  
https://backend.otcmarkets.com/otcapi/company/sec-filings/12644875/content/html 
 


 
CytoBioscience's instrument is used by the FDA in its safety pharmacology studies and there isn’t any real competition. 
Our patch clamp robot is the gold standard in accurate and reliable data while saving massive amounts of time and money. 
Videohttps://youtu.be/g2yahi4VJJs
Cytocentric's patch clamp robot. Image courtesy Cytocentric.

CytoPatch – the “hands-free” manual patch platform

Gigohm seals without enhancers
Data quality of manual 
path clamp
Can be a collection solution for analytical support
The platform 
chosen by the FDA

The Cytopatch is a robotic AI patch clamp platform designed to mimic a manual patch rig. This platform offers cell capture and sealing with quartz glass electrodes, seal resistances of 2 G? or greater without the need for seal enhancers, recordings at physiologic temperatures, and perfusion of the well for multiple concentration exposures. Because of its high data quality, flexibility, and throughput, the CytoPatch is an excellent choice for any lab wanting the performance of a manual patch clamp rig but with a much-enhanced throughput.

Routine applications include: recording ion currents in expression systems and recording ion currents and action potentials in iPS-CM or native adult cardiac myocytes. Because of its unique perfusion system, data can be obtained from difficult to record currents such as ligand activated currents and currents which desensitize rapidly.

The Cytopatch is the choice for anyone who wants the power of a manual patch clamp setup with the throughput of an automated platform at a competitive price. 

The base CytoPatch unit sells for $175,000, and CytoBioScience also sells microchips, buffers, solutions, cells, and specific types of shipping containers to researchers on a recurring basis, Garvin says. CytoBioscience, which changed its name last year, was founded in Germany and moved to San Antonio in 2015. Regulatory filings show CytoBioScience had raised about $15.8 million as of August 2016. 
They just did a $1.5 million non-dilutive offering so they're flush with cash now. ($1.53 million equity round of funding) 
From the 8K - "Each of these revenue-generating segments; instruments, consumables and contract research, is a leader in its technology and in its capacity. Having undergone years of testing, starting, restarting, and honing its development into the cutting edge it is today, the Company is experiencing accelerating revenue growth and is well-positioned to reach its potential."
 
Also: "The market is experiencing strong growth, driven by both regulation and rising demand for outsourced safety pharmacological work.
The company is engaged with both private and public partners globally, including the FDA."

 

Image result for cytobioscience inc
CytoBioscience's latest acquisition: SolubleBioScience: https://solublebioscience.com/

 
CytoBioScience has 4 locations:
San Antonio, TX
New Orleans, LA
Birmingham, AL
Cologne, Germany


Contact info
Dr. James Garvin, PhD 
j.garvin@cytobioscience.com 
info@CytoBioScience.com 
(210)-767-2727

 
 
Company Officers and (B Of D) : 
 
James R. Garvin, PhD, Chief Executive Officer, President and Director 
James R. Garvin has served as the CEO, President and a Director of CytoBioscience since March 2015. Dr. Garvin has twenty-nine years of experience in working in the biotech sector and finance. His work has been recognized by the French Academy of Science and he was named one of sixteen
healthcare innovators in the state of Texas for 2017. As a former investment banker, he has worked on a number of different biotechnology acquisitions, in the US, Europe and in Israel. He has been a board member of a number of companies and currently is on the board of the Zerah Foundation which provides educational opportunities for underprivileged children in India. His international range of experiences and interests has been diverse but this has allowed him to have an outside of the box perspective that has served him well in working with companies and situations over the years. 
Dr. Garvin received his
PhD in Economic Systems from the University of New Orleans, as well as his Masters in Administration and his BA (Hons) in English and International Relations from the State University of New York, Albany 

Thomas Knott,
PhD, Chief Science Officer 
Thomas Knott,
PhD has served as the Chief Science Officer of CytoBioscience since March 2015. Dr. Thomas Knott is an innovative technology driven entrepreneur who founded Cytocentrics CCS GmbH, a high-tech scientific instrumentation and biotech company specializing in the field of ion channel electrophysiology in 2001. Dr. Knott single-handedly developed the Cytocentrics instrument for ion channel analysis, the CytoPatch™, demonstrating a more complete feature set in patch clamp capabilities than any existing manual patch clamp system (whole cell voltage clamp and current clamp, perforated patch clamp, extracellular and intracellular perfusion, temperature control, fast ligand gated ion channels, mechano-stimulation, GLP, and network capability). He has worked with three Nobel Prize-winning teams. 

Henry C. Bourg, CPA, MBA, Chief Financial Officer 
Henry C. Bourg, CPA, MBA, has served as the CFO of CytoBioscience since September 2017. Henry Bourg is an accomplished senior finance and accounting professional with over thirty years' experience with start-ups, mid-sized and multi-billion dollar global organizations. He started his career with Ernst & Young in Texas and later in Maryland and New York. While with Ernst & Young, he served primarily financial institution clients such as American General Life Insurance, Capital One 
and MBNA America Bank. In addition to his public accounting experience, Henry has served in senior finance and accounting roles with the US Government in Europe; The Shaw Group, Chicago Bridge & Iron, and Westinghouse Electric Company in Asia; Inktomi Corporation and Bookham, Inc. (now Oclaro) as well as several technology start-ups in Silicon Valley. He earned his Bachelor of Science degree in Accounting from Louisiana State University and a Master of Business Administration from Santa Clara University . 

Paul Castella,
PhD, MBA, Director 
Dr. Paul Castella is the co-founder and CEO of Santalis Pharmaceuticals, Inc. a clinical stage drug development company. Santalis is a wholly owned subsidiary of Quintis Ltd., which acquired the business in 2015, along with ViroXis Corporation (which Paul co-founded in 2008). Previously, Paul co-founded and managed a number of other life science businesses, including; CardioSpectra, Inc., which was acquired by Volcano Corporation (NASDAQ: VOLC) in December 2007; Xenotope Diagnostics, Inc., which developed the only FDA approved rapid test for Trichomonas (sold worldwide under the OSOM ® brand), the world's most prevalent non-viral sexually transmitted disease; BiO2 Medical, Inc., which developed the Angel ® Catheter, the first device indicated for the prevention of pulmonary embolism (PE) in hospitalized patients; and the San Antonio-based Targeted Technology Funds, which focus on early-stage life science investing, including an investment in CytoBioscience. 
Paul received his
PhD in cell biology and genetics from Cornell University Medical College in Manhattan, his MBA from the University of Texas at San Antonio, a BSc (Hons) in biochemistry the University of London, and has been granted ten US patents. 

Ian Clements, MSc., Director 
Ian Clements has over 25 years of commercial, corporate and business development experience in the pharmaceutical and biotechnology industries including sales and marketing, medical affairs, product and clinical development, program management as well as commercial, corporate and business development. 
Ian is the co-founder and COO of Santalis Pharmaceuticals and the co-founder and former CEO of ViroXis Corporation. Ian served for six years as Head of Commercial Operations and Corporate Development for ILEX Oncology in San Antonio where he established the new Business Development and Medical Affairs departments during the launches of Campath and
Clorfarabine. Previously, Ian has served as the Head of Oncology Product Management at Lederle labs in UK, Head of Global Oncology Product Management at the Upjohn company where he managed the global launch of Camptosar and Head of US Oncology Marketing for Novartis, managing their oncology portfolio with over $2 billion in sales and launching 3 oncology products in his tenure. 
Ian received his BS (Hons) degree in Genetics from Swansea University, UK and his MS. in Immunology from King's College, London, UK. 

Alan Dean, MBA, Director 
Alan Dean is a senior technology executive with over 40 years of experience in the technology development industry. He was employed for more than 25 years at Southern Research Institute where he became Vice-President, Commercialization, and was a principal in the first commercial spin-off companies from the Institute. As the co-founder and COO of SBS, one of the subsidiaries in the holding company he co-founded, Alan was responsible for the buyout and integration of Birmingham Polymers, Inc., a Bristol-Myers-Squibb affiliate. SBS was subsequently acquired by
Durect Corp. of California in 2001 in a transaction valued at $35 million. He has been an advisor to, and board member of, numerous technology companies, past and present. Alan is the co-founder and senior managing partner of the Targeted Technology Fund I and II, and was previously a Managing Partner of the Birmingham Technology Venture Fund. 

Shing Leong Hui, MBA, Director 
Shing Leong Hui has over thirty years' experience in the Electronics Manufacturing Services Industry. He is currently the Chairman of the Supervisory Board of Payer International Technologies GmbH where he has served since June 2002. He is the co-founder of Neutronics Electronic Industries Holding A.G., which has been subsequently acquired by Flex Ltd. (previously known as Flextronics) and was a previous Flextronics board member. Today, he is widely involved with companies which are based in Eastern Europe and China. He has a long association with Cytocentrics and was one of the original investors when it was based in Rostock, Germany. 
He has an MBA from the University of Michigan and a B.Sc in Chemical Engineering from the University of Birmingham, UK. 

Sue Lynn Hui, Director 
Sue Lynn Hui has over six years of European and Asian experience in the Pharmaceuticals, Communications
and Technology and Oil and Gas sectors. She has served as an advisory member of Payer since March 2017. She was a Manager in her previous role at A.T Kearney from 2002 to 2007. She is an advisory board member of Payer International Technologies GmbH. 
She graduated with First Class Honors in Master of Engineering in Chemical Engineering from Imperial College London, UK. 

 

 
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WASM
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WASM News: Amended Current Report Filing (8-k/a) 08/24/2018 05:27:20 PM
WASM News: Initial Statement of Beneficial Ownership (3) 05/23/2018 05:41:12 PM
WASM News: Initial Statement of Beneficial Ownership (3) 05/21/2018 11:40:33 AM
WASM News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 05/16/2018 12:46:31 PM
WASM News: Initial Statement of Beneficial Ownership (3) 05/09/2018 06:50:51 PM
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PostSubject
#914  Sticky Note KLRN TV reports on the Cytobioscience/BioDtech acquisition agreement. Quintessence 09/15/18 11:38:07 AM
#894  Sticky Note Trinity freshman Searches for Cancer Treatments (using CyoBioscience's Quintessence 09/03/18 11:03:28 AM
#881  Sticky Note Email from Dr. Garvin dated TODAY 08/28/2018 joe117 08/28/18 02:03:36 PM
#847  Sticky Note Here's the 8-k/a https://www.otcmarkets.com/filing/html?id=12935000&guid=aorEU Quintessence 08/24/18 10:14:59 PM
#653  Sticky Note Expecting WASM audited filings any day, per previous Money Talks 06/25/18 11:16:50 AM
#936   This is the only board I've found for WASM. evidencebased 09/21/18 12:59:26 PM
#935   Hired hand?? chemist72 09/21/18 08:20:29 AM
#934   Had i seen them diluting i would have joe117 09/21/18 06:08:14 AM
#933   Might be waiting on that update for awhile. evidencebased 09/21/18 02:37:31 AM
#932   I believe that the majority of the people UkranianWolf 09/20/18 08:59:52 PM
#931   understand the tech before you bet long. biz evidencebased 09/20/18 08:39:38 PM
#930   Which sec docs tell what? All i see here joe117 09/20/18 08:33:15 PM
#929   what is going on here? m1999 09/20/18 08:31:09 PM
#928   Don't count on it. SEC docs tell all. evidencebased 09/20/18 07:35:04 PM
#927   Once updates hit imo this will be above stockpicker1 09/20/18 07:02:13 PM
#926   Getting some nice volume but that price action UkranianWolf 09/20/18 12:51:06 PM
#925   Hah, looks like my GTC got executed this AM. chemist72 09/19/18 04:29:24 PM
#924   I've been averaging down... Quintessence 09/19/18 03:36:31 PM
#923   I bought in today. Was waiting for a adijas 09/19/18 03:34:34 PM
#922   Good to see some volume. The wait Quintessence 09/19/18 02:48:29 PM
#921   Getting some volume here today. Waiting game stockpicker1 09/19/18 01:30:08 PM
#920   OUCH! daiello 09/19/18 09:48:30 AM
#919   Seems CytoBioscience is too busy with other things chemist72 09/19/18 08:14:12 AM
#918   CytoBioscience, a San Antonio-based company involved in stem UkranianWolf 09/17/18 03:58:16 PM
#917   Could Cyto's dealmaking with BioDtech be holding up chemist72 09/16/18 07:58:09 PM
#916   Yes, me too. I'm not going anywhere. Quintessence 09/15/18 01:20:40 PM
#915   Excellent find! Looks like Dr. Garvin is doing UkranianWolf 09/15/18 12:38:47 PM
#914   KLRN TV reports on the Cytobioscience/BioDtech acquisition agreement. Quintessence 09/15/18 11:38:07 AM
#913   I couldn't get to their website either - Quintessence 09/12/18 05:01:59 PM
#912   Nice find again Quin!! BioDtech links HMB2010 09/12/18 04:50:48 PM
#911   San Antonio's CytoBioscience closing in on acquisition deal Quintessence 09/12/18 04:34:56 PM
#910   That's probably a good guess, IMO if it TAB78 09/10/18 08:04:36 PM
#909   It has only been 7 business days since UkranianWolf 09/10/18 06:47:29 PM
#908   WASM is on my daily OTC check list TAB78 09/08/18 08:27:07 PM
#907   Patiently waiting here. Been down this road before, TAB78 09/08/18 08:15:42 PM
#906   Hope soon like before end of Sept. HMB2010 09/07/18 06:00:58 PM
#905   I cannot wait for this to see consecutive UkranianWolf 09/06/18 08:24:51 PM
#904   I like that bid! Just a matter Quintessence 09/06/18 11:46:47 AM
#903   First LARGE bid size I've seen here: 25,000@.412 chemist72 09/06/18 11:40:18 AM
#902   Same here. Apparently none of them want Quintessence 09/05/18 11:08:56 AM
#901   I have a bid higher than the current joe117 09/05/18 10:50:35 AM
#900   That’s exactly right, someone is trying to get UkranianWolf 09/04/18 02:50:42 PM
#899   Very simple. A guy or gal wants in. Places a joe117 09/04/18 12:45:20 PM
#898   Don’t understand this stock today. Filings and stockpicker1 09/04/18 12:13:24 PM
#897   So my bid at .50 isnt showing up. Why? joe117 09/04/18 11:39:10 AM
#896   Some dude is playing with this. Placing a 26k joe117 09/04/18 11:33:48 AM
#895   Great digging Quin !!!! HMB2010 09/03/18 11:28:23 AM
#894   Trinity freshman Searches for Cancer Treatments (using CyoBioscience's Quintessence 09/03/18 11:03:28 AM
#893   Things are going to get moving real soon joe117 09/02/18 10:40:09 PM
#892   Have a good and relaxing Lbbor day weekend TAB78 08/31/18 09:53:13 PM
#891   Once this thing starts to run. There is no joe117 08/31/18 02:20:05 AM
#890   Yes, any day now we could get those filings... Quintessence 08/30/18 02:01:42 PM
#889   Feels really close. Thanks for sharing. HMB2010 08/30/18 10:10:14 AM
#888   It is so refreshing to have a responsive Quintessence 08/29/18 03:26:08 PM
#887   email reply today from dr. garvin zeekhoe 08/29/18 02:33:21 PM
PostSubject