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Who is selling at .004 for them to sell at .006? Have there been shares (of significance) sold that low recently?
I'm still stuck on the capital raising attempt to sell shares at .02 when we are trading in the open market at .006
Learjetter, you state that adv27a was given to a private company. I'm not sure that's accurate. I believe the company who holds the patent for Adva27 is a sub of SBFM. My understanding is that Atlas was acquired to help with the chemical analysis and the generic drug production. The 10Q filed today shows they made roughly 90K in the first quarter. That is a start, but needs to be higher to cover the costs. Also, the raising of the money is not for generics, it's to progress with Adva27.
That being said, I believe management is the issue as they don't know how to run a business. Why would anyone buy shares at .02 per share when they can go to the open market and pay significantly less? Not sure Jitney and SBFM realize that to raise capital for a company in this position, you don't charge more for the shares than what the open market is demanding. I hope they get it, but I wouldn't buy any.
I understand your point as it relates to the purchase. But the company that they gave it to is a subsidiary of SBFM. So in reality, they didn't give it away per se. IMO.
Also, the report stated that Atlas had revenue of 500,000 in 2017. It's a start. :) IMO
The stage they are on...is generics. IMO
Correct me if I'm wrong, but who owns the company they sold the patent too? Isn't it SBFM?
Market looks good today, and I hope that SBFM continues upward. I'm curious to see their quarterly report (even though it's delayed). I think we will see a little revenue, but that will be solely from the acquisition. I thought when they announced the acquisition they stated it's annual revenue. I could be wrong though. IMO
An independent outside reputable accounting firm in Canada put a very high valuation on the business. Now, the question is more about how they are running the business, which is easy to say....very poorly so far. IMO
OK, I'm not saying you are wrong, because I don't know, but to state things like this as fact means you should provide the facts or you may want to say in your opinion.
Just like the person who guarantees price in the future, do you have fact that this is a scam?
Hahaha, I so wish it would jump and stay on positive news, but I'm starting to see reality. :)
You still haven't answered how you can "guarantee" this rise!
Wow, nice pop today! Anyone know why?
What's the point of asking them if they don't respond?
Yeah, I sent an email via their "contact us" on their website, and I got no response. Shocker.
GUARANTEED????? I'd love to know how you can do that, when the insiders of the company won't even respond to emails?
The silence from the company management is ridiculous. The stock is dropping and they are doing nothing! Frustrating.
Not a lot of activity anymore. Is it dead?
This stock has been fun to watch the past few weeks.
That's what I'm sensing.
Where are all the people who said this was going to take off? This stock looks like its being diluted or is a we were getting a pump and dump. IMO
This board is dead, almost like the stock. It is slowly eroding and the company has nothing to share that would give investors hope. IMOO.
Hahahaha, that's funny.
You wouldn't be pretending to talk to someone now would you? :)
I will be as well, but the volume has dried up. I sure hope something positive comes soon to change it. IMO
How do you know this? Are you saying this is fact, or are you just spewing opinions as facts?
Guaranteed? There is no such thing as guarantees in the stock market, but I will be the first to say that I would be more than excited to $0.60 per share, without a reverse split.
So wait, are you still saying this company is a scam or have you changed your tune?
I would be very pleased with .06 first, vs. 0.60. :)
Where do you see this by the way?
So what you are saying is that its an accumulation of all the things that you have read over time, not anything you have read recently. That makes more sense, since I haven't seen anything released from them lately.
Reading, what exactly are you reading? I'm a long holder in this stock as well, but I haven't seen anything to read lately, outside of message board posts, and I learned quickly to never make investing decisions solely on message board posts. :) IMO
The next three days we shouldn't expect any much as I expect some losses to be taken off the table to be put on their 2017 tax returns.
What are you basing this on? I hope your right, but the only way this climbs is with some positive news on financing or sales in the generic drugs. IMO
I think that's a lofty prediction...based on what?
Or people are flipping it. Buying below .01 and selling for .012.
I don't mind the dips, I just keep buying more. :)
it appears there are people trying to push the sales price down. IMO
I like the activity today compared to the last few weeks. Early volume and the price is going up. :)
It's going to be fun! IMO
Thank you for sharing.