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What happened to hertz when they came out of chapter 11
Do you know what is going to happen to common share holders of Latam? It looks like it’s going to come out of bankruptcy.
ITRM about to explode! So many people taking notice that FDA approval is July 26th or sooner. The Run Up has began
ITRM after hours news. FDA says approval next. Continuing tomorrow, Boom
ITRM >DUBLIN, Ireland and CHICAGO, May 27, 2021 (GLOBE NEWSWIRE) -- Iterum Therapeutics plc (Nasdaq: ITRM) (the “Company”), a clinical-stage pharmaceutical company focused on developing next generation oral and IV antibiotics to treat infections caused by multi-drug resistant pathogens in both community and hospital settings, today announced that the Company participated in a late-cycle meeting with the U.S. Food and Drug Administration (“FDA”) yesterday. During the meeting, the FDA shared issues still under review regarding the Company’s new drug application (“NDA”) for sulopenem etzadroxil/probenecid for the treatment of uncomplicated urinary tract infections in patients with a quinolone non-susceptible pathogen and the Company responded to these issues.******** The FDA has determined that an Advisory Committee meeting is not currently necessary. The review of the NDA is ongoing and the Company was informed that the FDA continues to work toward the PDUFA goal date of July 25, 2021.********
Now you see why Chaim Davis left! Melissa said they would never be late again on any filings. Not trying to be negative but Melissa doesn’t pump but right after they uplisted to QB so they could sell shares and stay alive she put a PR pump about Biden and buying USA hahaha I’m sorry but ABMC has no path to victory they can’t compete with their regular drug testing market (only two big customers keeping them alive) and they couldn’t even sell a Covid test during a pandemic, but the ones they did sell were for lab purposes only which is a huge no no, anyone who wants to be tested needs their results right then and there and there’s hundreds of tests out there to do this. If it wasn’t for govt handout money they would be almost sunk and have to result to toxic toxic financing.
I couldn’t agree more. It will slowly rise from here and this is a great entry point and then sit back and watch it grow
The OS is going to grow a lot more now that the share price is going lower. They have to sell a lot more shares now to keep the company alive. Without the govt free money and the offering ABMC would be done for. They are not delivering on Covid related sales and their drug testing business is suffering. I’m sorry to say but there’s a reason Chaim Davis left. In my opinion he sees the writing on the wall
No wonder why the MM’s have been buying up all the shares. They knew this was coming and have their shares for the run up
Why do you think Chaim Davis would have left after all these years right when ABMC could possibly make the most money it’s ever made if they can sell these Covid tests? Seems odd to me, maybe he agreed with all the share holders emailing him that Melissa needs to go
It was all done on hype and lies! A 3rd party company on Twitter claimed they sold over 10 million healgen tests to different countries on their Twitter account then the pumpers claimed MLB was using ABMCs test through The Tampa Bay Rays owner. Then when sales came out ABMC fell on its face and still not one update on sales not one. Melissa said sales were robust and it will significantly add to the revenues in 2020 but all it did was add about 1M in sales which Besides the PPE loan form the govt it kept ABMC afloat. Need some major sales news cuz honestly there’s so many rapid tests out there to choose from. ABMC also only has two contracts right now for their regular drug testing and that is over half of their yearly income so if they lose those ABMC will be sunk and will need to dilute more. Melissa needs to learn how to keep investors informed so the share price can rise so they can fund the company with less shares. Not trying to be negative but it’s the reality of where we’re at. ABMC would be toast right now if they weren’t offering the Covid tests cuz their business has significantly dropped and without the PPE loan they would have negative funds. Chaim Davis leaving is def a bad sign as well since he was the one lending ABMC the money and him leaving doesn’t point to good terms with him and the company. I’ve sold half my shares and hoping for the best but if ABMC doesn’t do something fast then the quarterly is shot. We already know the 4th quarter didn’t do anything since they need for Antibody test wasn’t there and CODX tests weren’t added until
Mid December and there was even a hold up with those tests as well.
Where is the bid at you think
There’s also been a lot of selling as well, lots of people here for awhile! I’m not going to lie I sold about 225,000 shares (half) of my stack to use other areas and put that right into SNDL at .96c about a week ago and today I sold for a little over 220% of my 40K I put in. Got sick of waiting and obviously turned out to be good. Melissa has taken way too long to get sales IMO.
ITRM running away in premarket
Next week will be ugly if we don’t hear anything from the company! No more Joe Biden PR’s we need something much bigger
Why can’t ABMC find a company like this to manufacture and partner with! So frustrating https://apple.news/A8yNeQ08iSpSwvvhqHT4rZQ
Unfortunately if she keeps quiet our bid support will keep getting hit and we will dwindle down since nobody seems to want to hit the ask at .19-20. Come on ABMC
She’s been delivering the positioning part but now it’s def past the time to drivers on the Covid play, we’re almost a year into this now and ABMC sales are very minimal. The potential of ABMC is there now but results are the only thing that will change investors minds about ABMC.
I’m waiting until we hear some updates to add more. I’ve been here along time and unfortunately the trend is up and right back down bouncing off of the .13 area. If we didn’t have a good December sales wise then the quarterly won’t be what people are hoping for so I hope we could something meaty to outweigh the quarterly
If ABMC doesn’t come out with something soon as far as updates on sales I’m afraid we will touch the .13 range again. Lots of selling the past week here and lots more today. Bid support getting wiped out :(
Not sure if anyone here saw this or not! Our partner CODX has a brand new test that has huge advantages!
https://finance.yahoo.com/news/co-diagnostics-completes-fda-eua-143000506.html
Co-Diagnostics Completes FDA EUA Submission for Extraction-Free Saliva COVID-19 Test
She’s hinting at this! Waterhouse continued, "In addition to the drug testing products we make, ABMC has the ability to manufacture tests for many medical conditions, viruses and diseases using lateral flow technology in our FDA registered and ISO certified facilities in Kinderhook, New York and Logan Township, New Jersey. We currently manufacture tests to detect respiratory syncytial virus (RSV) and malaria. We have manufactured products to detect fetal amniotic rupture, HIV, Syphilis, and Tuberculosis, as well as numerous other tests. We are hopeful that this order will support our efforts, already underway, to expand our contract manufacturing business."
News! http://www.conferencecalltranscripts.org/summary/?id=141298&pr=true
Haven’t seen it posted yet
Hopefully ABMC received another PPP grant which doesn’t have to be paid back!
With Biden testing formula investors know where the share prices are going with testing companies! CODX up almost 13% today. Only a matter of time this has much bigger run. Quietly Collecting
I don’t believe they’re restricted. I would have to read it again they were all effective on the S1 approval date
Thank you for your input! Hopefully ABMC can take advantage of the opportunity in from of them. Cheers
Well several big names who hold shares of over 5% of the company trust her and we have 3 different Covid testing distributions set up with some pretty huge companies that trusted her so I think we need to look at the longer term here. Would I invest in ABMC if Covid never happened the answer is a BIG NO but with what Melissa and ABMC have been able to secure so far for testing devices I’m pretty stoked about the potential. Biden today says 50 Billion going towards testing short term for Covid so if ABMC can even swing and hit a few foul balls we’ll be okay here
Yes but that can be said about 99.9% of all otc stocks out there. But with that being said this doesn’t belong below .15 so hopefully we catch a bottom and can hang there until we do get updates because every stock needs something to make it go.
Oh fingers it looks like you said this needs to dip to about .18 to cool off but today it’s .08. I just don’t know which fingers were going to get mate. Will the real fingers please stand up please stand up
This wasn’t you was it fingers! You seemed like you were pumping this and now calling for .08 so it seems like you may have sold fingers. Oh man another otc player being honest again.
Wow fingers you really think ABMC could pass $2.00 thanks fingers for the post
You’re your fingers this will go up in the near future
Yes sir fingers any good news and this goes to boom
Agreed! Selling= Revenues which would hopefully raise the PPS and keep it up
I think ABMC will change its ways after the offering, makes no sense for them to keep the price down so they have to sell more shares and dilute their own shares.
S1 was just barely approved yesterday so I assume we hear something sooner than later.
Melissa responds to emails, you just can’t ask for PR’s! If you want a response from any company or IR you can’t be a knucklehead with your questions you need to present it in a way that a public company can respond to without worry
Lol no chance. You shouldn’t have sold so early. But hey can’t blame you if you bought around .09-.13 and sold above .20 and now wanting back in. This baby is set to take off again. COVID running wild and Melissa has done an amazing job at securing 3 diff COVID tests. Most forget that’s very hard to do. COVID going to be around for along time and so will testing of course especially since Sleepy Joe is #1 on testing and will ramp up testing. Governor Cuomo of NY just said they are falling into debt and will open up their economy now and the only way is to ramp up testing. I wouldn’t want to be out of shares when something semi big happens here and now they have the funds to do what they want
Well I want to thank you from the bottom of my heart for you consistently stopping by here and looking out for us shareholders best interest and we know there are so many things that you could be productively doing out there however you choose to help us out you are so sweet thank you so much.
The company was in a quiet mode until the S1 was approved! This was the first thing that needed to happen. ABMC has the power to sell shares when they need it and ABMC wants the share price higher so they sell less shares for more $ when needed! This is a very positive thing
So easy to spot an old shareholder that’s sold or is disgruntled!