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Did you see the 8-k? adding more now?
I may have to load another chunk before word spreads. I think these new investors have their chit together Voodoo.
Yes the new board members is a wrinkle to prove that the new investors are here for the Long Haul.... No pun intended.
The Company entered into binding letters of intent with an investor group led by the founding investors of MDLive, a virtual healthcare provider that was acquired by Cigna in February of 2021, AND an investor group led by Dr. B.K. Modi (Dr. Modi), who has amassed his fortune from numerous India-based health care, telecom, technology and real estate ventures.
Dr. Modi is the Founder Chairman of the Modi Holdings, a conglomerate having businesses across India, US, Southeast Asia and Africa, one of the founding partners of Fountain Life, a preventive healthcare company using cutting edge technology and also holds the titles of founder of Global Citizen Forum, and the Global Chairman of the Foreign Investors India Forum.
Organicell will use a portion of the proceeds of the investment to fund the start-up of its FDA approved Phase I/ II clinical trials to assess the efficacy, safety, and tolerability of its flagship product Zofin™ as a potential therapeutic for COVID-19 Long Haulers, chronic obstructive pulmonary disease (COPD), as well as osteoarthritis of the knee.
In connection with the investment, Organicell has agreed to implement (a) certain corporate governance changes, including allowing the investors to appoint new independent directors who will compromise a majority of the members of the Board of Directors; (b) changes in management, including Albert Mitrani stepping down as Chief Executive Officer; and (c) modifications to reduce amounts of past due executive compensation and future compensation.
For those that didn't look and are lazy lol. There's more... but they are also providing the ability to kick current directors and Mitrani will be stepping down... AND reduce exec backpay and forward pay. That's a bit of a big deal imo... at least a good start of a big deal.
Interesting find indeed. Will buy more if it drops back. I'm digging a bit more... but that appears to be the case.
Read the bios of these investor groups. They are in health care, not Toxic financiers...(I hope)
Their betting on Zolfin succeeding. And they have potential to buy the company.
Which hopefully would be a good thing!
What makes you think potential merger?
I loaded up lower... but not enough.
I doubled my shares but may have pulled the trigger too soon. If this group starts dumping for penny gains I'll be pissed. But actually I'm thinking there could be a potential merger.
Time will tell
Thanks voo I haven't been following. Hopefully your ocel is green after all thoes 2's!
Insane spread - Bid 0.016 / Ask 0.39 - That's the highest ASK I've seen in a long time for this stock (I don't monitor it every day though). Here's to a good day tomorrow.
What do you think about this current financing and up-trend? check out the 8-k. Maybe be a fresh new opportunity brewing.
Good action and uptrend. Secured financing for the next trials. Check out the 8-k I posted... might have fresh opportunity here.
Secured investors at $0.02 pps to fund clinical trials. http://archive.fast-edgar.com/20220720/APZ2L22CNC22MJZH222B2ZZUGM3Q422SZ242/
TAPED THE 200 MA back in November "21, (daily chart)
Pretty nice uptick in price. Precursor to news?
Keep going! Nice to have bought lower for sure. Hopefully this is a precursor to a PR or news coming out
https://organicell.com/ looks a bit different -
I rarely check in Blue. I'll take a peak
Thanks
Did you have a chance to check out the last 10-Q?
This is sad man. Just like the OTC as a whole.
Yeah... thinking of buying in more lower. No form 4's for the company since last November either.
Just heard a news clip on FOX about covid survivors with Long haulers issues of organs are in their 40's. This is what ocel is all about. I may need to average down a bit more Doo
Okay appreciate it.
I submitted an investor question to OCEL. No response for the last couple days.
Good to know, thanks voodoo
I have been loading up here and there for sure. A lot of picks are in the mud… even outside otc.
It is bothersome the communication hasn’t been occurring or had dried up. You can see it by googling organicel Twitter. You don’t have to sign up to view.
Did you load up under 2 pennies?
I'm not on Twitter but not sure what's up. All I know is all my OTC is in the mud!
Good luck hopefully they get something going.
Did anyone notice Organicell is no longer tweeting since Feb?
Stock price has been somewhat of a consistent level. It would be nice for a bit of good news to start this thing forward again.
If it hit under $0.02, I was going to sink another large buy in and average down. I'm carrying a hefty number of shares right now... but... there is a possibility for a good jump.
Speculative... I admit it.
Looks like a death spiral. Are you still averaging down?
I guess when the directors sell free shares at a penny, they are still making bank. When I first read how many gifted shares were allocated, I should have sold out.
looks like .03 is the next ceiling to break... we have been bouncing off of that. Now, all we need is some new news.
looks like .03 is the next ceiling to break... we have been bouncing off of that. Now, all we need is some new news.
I like the uptrend in the last 5 days of activity.
nice... I added about at this level. I know 2 others that did as well.
I added as well, at 4 pennies!!
exactly. I was in then.... became stuck (won't go into all that). I doubled my shares on this last drop. Again... speculative.
Easy to say if you didn't buy the hype before the officers dumped all the free shares they gave themselves. And/or company dilution
This company is just getting started. The possibilities for their drugs have multiple benefits for all sorts of ailments. We're not going below .01 so there's way more upside potential than down.
I added to my position. Might be a bit speculative... but this thing tends to jump. At this price, There's money to be made - IMO.
Is anyone buying this shit stock, sure looks like not.
https://organicell.com/ at least we have a website to look at
Buy & Hold. I know what's coming $$$$$$$. It's just a waiting game at this point.
Positive news coming this quarter.
I’m a little surprised Ocel is as low as it is. Looks like the last 8k echoed some of the same findings. It’s not super good, but not horrible either. New trials starting Jan 2022.
I’d love a good catalyst right about now. I wonder where the large blocks are coming from unless it’s someone trying to drive down the price … to buy and cause a jump.
I wonder when these huge blocks of shares will stop flowing, maybe end of the week? Hopefully get a bounce after the new year although I liquidated the bulk of my shares at 0.12$.
There have been large blocks of shares being dumped every day in the last many months, so if it isn't company execs personal accounts it's the company as a whole. When the company first got in the covid arena, volume was light and small buys would cause significant share price pops. But sometime later the volume increased substantially, and the share price went back to pre covid levels.
You are correct, if they are fully reporting and unloading personal shares, it would be reported. Especially if the SEC is watching.
How do you know the board is dumping? That would be reported in the form 4’s. I haven’t looked for a short bit, but I haven’t seen any come across the trading news either.
If they claim it, sure
That would cause ther tax to go up?
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