Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That was a fun day.
Who would put the ask at 415 when the bid is 4149?
Lol. It’s the 10k from 2019 that’s late. Then she had to issue 10Q for Q1. I believe the audit requirements for a Q are much less demanding then a K so hopefully the 10Q’s catch up quickly.
I don’t think first quarter will show big results Because they didn’t start sales of the rest until mid March.. Second quarter will.
For a big time CEO (Real or pretend) you spend a lot of time complaining on this board. I’m sure your real or pretend shareholders would not be happy that you spend so much time trading on the OTC instead of doing your job. Sounds like a moronic way to spend your time.
Manners? You just called someone a moron whom you don’t k know but are counting on to make us a lot of money. Her painfully conservative cautious approach is aggravating but her argument for being careful has a lot of merit.
Very impressive group of investors here. No one panicking. Slow poke CEO making sure she doesn’t break the 55 mile an hour speed limit when EVERYONE else is going 80, will eventually get us to our destination.
My feelings exactly. Her approach is sound but frustrating.
I have mixed feelings about her approach. She Has affirmatively let us know via emails that she is aware of Extremely punitive consequences imposed by the SEC for companies who have issued COVID related overly optimistic good news. She has implied that others (presumably counsel) have advised her to be extremely conservative when issuing statements related to their COVID success. She has stated explicitly that issuing a PR “early” (not defined) is IN THE BEST INTERESTS of shareholders. I read “early” to mean in advance of filings.
So when do we get the filings? When the auditors catch up. When is that? Who knows. My guess is 10k this month. 10q for Q1, next month. 10q for q2 mid August. Given her conservative approach the big PR will hit mid August. But, the market isn’t blind. Beteeen now and then O expect a steady rise to a dollar. Then boom.
There is a provision that says that a 15 day extension can be granted if requested. But the May 29 day was the equivalent of the end of the extension date. These folks are now just non reporting, technically. Given the circumstances I just don’t see this as a nuisance that we have to deal with until the auditors catch up. But, hey what do I know.
None of the reporting issues takes away from the facts. This company is selling the most wanted product on the planet right now. Right place, right product, right time and now with FDA approval, in other words they’re selling chickens faster than they can count them.
10k is late already, hence stop sign. SEC or FINRA provided relief, due to COVID, for companies through May 29 for reports that were otherwise due by March 20. Our CEO issued an 8k (and confirmed via many emails here) that they tried but could not meet that date because NY/NJ area where they are located was especially hard hit and that “many” companies are late since they presumably use a limited number of audit firms that simply were unable to complete their annual audit because they could not travel or otherwise even stay open (some of this is my filling in the blanks; others can correct me). Now, they are just waiting their turn as the auditors catch up. No set date on when that happens.
Unfortunately, they can’t issue 1st quarter 10q until 10k is issued. They only have until June 29 for 10q after which that could keep the stop sign up. I don’t believe GAAP requires an audit for 10q’s.
Another day proving no dilution, low float, and educated, patient shareholders. Just add filings, PRs and daylighted current and future sales figures and I could buy anyone’s theory that the PPS could be between 1 and 20( 700 million valuation). Hey, at a valuation of 2X sales who says they can’t sell 350 million a year.
She will not give a date. I asked on Monday for a date that she believes the company can meet. She used the “challenging” times excuse and would not give a date.
I understand why there are few buys; no PR and little exposure. What is fantastic is that there are few sells. That means we are united as shareholders and there is no dilution.
Just sent Melissa an email asking when the 10k and 10q are coming out. We are owed a date they put out and meet. Send her emails sling for that date.
Very simple. Fidelity will not let trades happen when a stock has a stop sign on it. When CEO issues the 10k the next day the stop sign comes off and Fidelity will let you trade. CEO also has to make June 29 for 10Q or back up goes the stop sign. And, she can’t say when either will be posted; only that the stay at home order in NY/NJ have been a huge setback in their required GAAP audit activity. I think they are simply not making it a priority and making execution and order taking while these giant orders roll in, a priority.
I’m more interested in any additional news about basic compliance and getting the 10k and 10 Q done.
Good riddance. A frothing at the mouth seller who probably knows nothing about the company but bought the other day on emotion and now is selling for the same reason.
If CEO demonstrated consistent competency price would be higher. She’s closing in on three months late on 10k. cPVID is no longer a valid excuse for lateness. She’ll be just as late on 10Q if that’s not in by June 29. No more excuses Melissa get the basics right and do it now.
CEO dying to get 10K off her CPA’s and her desk. Then she’s under the gun foR the 10Q. I would not be surprised if we see any PR until we see both of those filed.
Why not wait until 17. Or, when the 10K drops and the stop sign is removed you can buy at $1.
I’m with dec. so, YES.
LMFAO. 59k shares traded. Yawn. Go to the kitchen and get me a beer please.
Save the lecture.
And will remain until 10K posted.
Lock your shares by putting a high sell price on them. That way MM’s cant “borrow” your shares and manipulate the stock.
The low and steady Float at 21 million is a key message. That 21 million is like a family and friends number. Reenforce the low float on every message board you can find and that will shake out a lot of buyers. I believe we are in a run that might have some crazy days like today where the pps range was dramatic and many days of substantial big percentage (20 to 30 percent) increases for several days in a row.
If it goes to $2 or $3 you'll never remember the price difference. Good luck.
This is the ABMC board not FOX.
Obviously there are other platforms. Frankly, I like Fidelity and stay away from stop and yield sign pinks. This is a company with a 30 year history of on time reporting so I could concentrate on the timing opportunity. I thought. Regardless, let’s stipulate that inexperienced traders might go to the big houses like Fidelity to trade. My point remains. They are prohibited to trade even if they want to, until the stop sign comes down.
Sorry sport. I’ve done this many times. I have Just under 300,000 shares here and just want to get a date from the CEO that they will meet. I didn’t say the 10k would be done by May 29, management did. And, that’s after the first deadline they committed to and missed. We all get that N.Y. /NJ was the hardest hit. That excuse made total sense the first time they missed the deadline and it made total sense the second time. Now it’s getting old.
Fidelity won’t allow pink sheet buy orders when the stock is under a stop sign. My guess is other platforms do as well.
I knew it. A big stop sign that will keep volume down and new investors not able to buy just when they have a chance with a great Material event to explode. Get the damn annuL report done followed quickly by the first quarter results. I just don’t buy the COVID excuse for this third delay.
Looks like over 1.2 billion in market cap increase.
Ok. Material event. Now I believe she Owes us a PR. And, she also sent me a long message that described what others have posted regarding the added time she needs to post the 10k.
I wish I had been wrong.
I also would not be surprised to see the report after hours so maybe selling in the morning then as always early eyes sees the report before the end of the trading day and maybe a strong power hour at the end.
So, given that tomorrow’s report only covers through the end of the year I’m expecting only mildly good news in the section on operational plans. We may have to wait for the first quarter report due no later than June 29th for actual results. Hope for the best but plan for not the worst but only vague references of good things to come. If we get the latter that should still generate more eyes and more buying than selling.
290,000 shares. Hope I’m right on this one.