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.
There are a host of options for GENTA other than r/s. Since the debt level is no longer manageable they can do the following: 1) sell the company 2) find a new partner and do a merger 3) find new financing and pay off the old debt. There are a host of creative ways to solve this problem besides r/s. Something tells me FINRA is growing tired of these endless r/s by GENTA. Remember, the most important driver is not money but science. If GENTA has good science--a way can be found for them. Also, most pharmaceuticals are deep in debt. GENTA is no different. Most small bio companies have enough dollars to continue for 6 to 9 months. That is not unusal. GENTA can make it but it may mean having a new captain at the helm and that may be the real problem.
Thank you Bankerb for that clarification. You are a bearer of good news. A waiver is possible. This week should be a bit exciting to see what will happen. Again, ty.
Thank you for the update. I am learning all the time. Again, ty.
fmrick, exactly where does it say they must do a r/s or be in default? can it be found in a 10Q? I would like to read about it. How many r/s must they do? and when? when convenient, please respond. Thank you.
I was reading the rules about r/s from FINRA and the SEC. I was shocked to learn that a company can declare a r/s without stockholder approval--if the corporate bylaws etc. permit it. Thus, this guy could do a r/s after Tuesday. I think the only way this guy will not do a r/s is if FINRA says "NO" What is sad about this stock is that the science is good and the company is good. It's the management that just loves to screw the investors.
ECDC is a great stock to be sure. But TDCP will change the world as we know it. We do have the problem of a r/s in TDCP (April 2012) but in the long run that is just a bump in the road. If TDCP holds the technological edge, which will not be easy, I expect to be owning shares in TDCP 10, 15, or 20 years from now. Good luck to you my friend.
How nice. It's Friday the 13th and all is quiet. Not even a mouse is a stirring. No panic selling either. I guess the world is not coming to an end at CMEY!! Go CMEY!!
I just bought a boat load of ECDC stock at .0021. Thank you whoever sold me the shares.
Just ride this out. Good friends, don't listen to these monkeys who say its over for ECDC. Only the pps is down today--not the company. ECDC is an excellent stock. Somebody is loading up big at a dirt cheap price at your expense. Don't sell your shares cheap. Either average down a little or just ride this out.
What is the key date to remember? Sales and Commercialization is the key date for TDCP investors. According to the November 1, 2011 Shareholder letter, commercializations is estimated to begin 6 months from November 1, 2011. TDCP commercialization begins when the Engineering Verification Test Bed (EVBT) is ready which estimated to occur 6 months from November 1. The EVBT is effectively a mini TSP. The final full scale TSP is scheduled for 12 months from the November 1, 2011. However, the key date is when can TDCP sell CSpace, when can it go commercial? That can occur 6 months from the November 1, 2011 Shareholder Letter–when the EVBT is ready. Thus, sometime in April 2011, when the r/s is likely to occur, TDCP is scheduled to go commercial with CSpace! We have used up 2 1/2 of those 6 months already.
From the November 1, 2011 Shareholder Letter:
“It is likely that active commercialization efforts can be started when the Engineering Verification Test Bed (EVTB) is finished in approximately 6 months. The EVTB will be identical to the Trade Show Prototype model in every respect but will be somewhat smaller, approximately the size of a “snow globe”. I also noted that 3DIcon has identified and is having discussions with potential strategic partners, including a Fortune 50 Aerospace company for command and control and inventory applications; an optical scanning company to provide automated scanners for manufacturing lines; a gaming company to provide 3D elements for gaming tables and a private defense company to provide display systems for the intelligence Community.
. . . The timeline estimated for the Engineering Verification Test Bed which would give us the ability to initiate commercialization efforts was estimated to be approximately 6 months and approximately 12 months for the final TSP. ”
Good luck my friends.
Buy Buy Buy!. ECDC is going to go much higher. This lull we are into right now is due to some sort of big fix by a MM. It will not last. Buy now before this thing busts mega higher. We might be just three or four weeks from .05.
I was going to buy another boat load at .0024--like I did three weeks ago. But the damn thing never hit .0024!!
From what I can gather, either these guys are bashers or they truly believe this company is DOA either way you go. If no r/s, I think they are saying we lose our investment. If there is a r/s we lose that way too.
Thanks for the good will. I am confident the r/s will not occur until March/April. The deadline to do it is April. I have less than 2 weeks to go on the IRS calendar. I think I will be ok. My only worry is the TSP. I don't think it will come out in January--but it could.
I have a modest investment in GNTA. Do you recommend I get out now?
Don't worry about getting good press coverage. IBM and Intel will be very interested in TDCP.
When that TSP is ready, I think Intel, IBM etc. will try to buy TDCP. I think OU will block any sell however. I think OU wants to put their school on the world map by being the first to take volumetric 3D tech to the world community. I suspect TDCP is not the only game in town for 3D volumetric tech. They might be but I think they may not be. I do think TDCP is ahead--so far.
Here is an interesting article from MoneyMorning about 3D tech. It's about Intel, IBM and 3M and their efforts to use 3D to improve computer speed etc.
3D Chips Will Deliver an Era of
Radical Change
January 12, 2012
By Michael Robinson, Defense and Technology Specialist, Money Morning
Forget about the "Tablet Wars." That's yesterday's news.
The same thing goes for the long-predicted "Death of the PC."
You see, the mainstream media has unleashed a torrent of technology predictions for 2012. They're all a mile wide and an inch deep.
No one seems to get the big picture.
The single most important computing trend that will unfold this year is getting almost no buzz. And yet...
This is the year when the technology sector will enter a whole new dimension. It's called 3D computing.
Make No Mistake About it... This is Huge
Now, I'm not talking about wearing funny glasses while you watch TV.
This is the year Intel Corp. (NASDAQ: INTC) plans to hit the market with 3D chips.
This doesn't just put the storied Silicon Valley leader ahead of its competition; it also symbolizes the breakthroughs that will drive the "Era of Radical Change."
Fasten your seat belts folks. As I discussed yesterday, the world is speeding up.
As you are no doubt aware, all manner of computers keep getting smaller - and faster. Like clockwork, chips pack twice as much punch every two years.
Take a look at a cell phone from the early 1990s. You couldn't make a decent call on one and it was nearly as big as a brick.
Today, a smart phone fits in the palm of your hand. It surfs the Web, plays video, and can even pilot an unmanned drone half a world away.
Smaller, Faster, More Powerful than Ever
It's all because of Moore's Law. An Intel co-founder, Gordon Moore predicted that every two years computing power would double. Moore realized high-tech engineers would keep finding new ways to make transistors smaller.
But let's not resort to geek speak. Just remember that the size of all electronics is governed by how many of these little devices we can put on a single chip.
Just like loading up your wallet, when it comes to chips more is better - much better.
Except that every few years the "experts" warn us that we're about to hit a brick wall and our electronics just can't get any smaller.
That's because in the past we could only put all of this key information on a flat surface. At some point you just run out of real estate - unless you can go vertical.
Why Gold Beats the
Market Manipulators
Sign up for the Publisher's Series and find out why gold is the one investment Wall Street can't touch...
Enter Email Address Here:
Cancel at any time | How it works
3D Chips Yield Exponential Results
That's where 3D chips come in.
If you can stack a bunch of these tiny transistors on top of each other you can get more output from the same chip.
It's like owning a parking lot and suddenly waking up to see it's now a three-story garage.
Intel says it expects to make chips that run as much as 37% faster. That's a huge increase in speed.
Using Moore's Law, we can predict those same chips will be 148% faster in just four years. That's the power of exponential increases in technology.
Let's face it. If your portfolio showed those kinds of gains you would hardly brush them off.
And yet... naysayers abound.
As reported in The New York Times, industry skeptics believe Intel is sinking billions into unproven technology.
Moreover, the skeptics say the new chips will be too power-hungry to work well in smart phones and tablet computers.
But they are missing the point. If Intel doesn't solve the power problem, someone else will.
I predict 3D computing will become standard throughout the computer industry by the end of this decade.
I also believe that 3D processor technology will find its way into mobile devices and thousands of other products as well.
After all, not long from now we will see billions of digital machines communicating with each other wirelessly. We'll even be wearing computers in the form of smart fabrics, contact lenses and eyeglasses that double as Internet projectors.
In fact, just to keep up with the dizzying pace of innovation in the Era of Radical Change, computers will have to get faster.
You know what that means. Chips will have to go vertical. No question about it.
IBM's Secret Sauce
As it turns out, Intel isn't the only mega-cap tech leader pushing the 3D boundary.
In fact, an alliance between International Business Machines Corp. (NYSE: IBM) and 3M Company (NYSE: MMM) could result in chips that someday run 1,000 times faster.
The two tech giants are currently working on a breakthrough way of stacking standard processor chips on top of each other. It's called "3D packaging," and it's sort of like building a 10-story high-rise so small you can't see it with the naked eye.
IBM's secret sauce?
It's a unique silicon glue that holds the stack of chips together.
Big Blue hopes to release the first versions of these chip stacks sometime next year.
So far we've only focused on chips that process information.
Turns out several companies are improving the capacity of memory chips by stacking them on top of each other.
This is crucial in a world filled with broadband data. Memory chips provide temporary data storage and can improve a computer's performance.
Look for Micron Technology Inc. (Nasdaq: MU), Samsung Electronics (PINK: SSNLF) and Toshiba Corp. (PINK: TOSBF) to start showing progress on this front later this year.
Still, if our recent experience is any guide, the mainstream media will just gloss over these breakthroughs as well. (They will gloss over this one too - another of my finds that will rock the markets in the near future.)
It will be their loss when they do, since I'm certain to find plenty of good investment opportunities that will take advantage of 3D computing.
So stay tuned. The Era of Radical Change is here.
If they do not go forward with the r/s. Do you think we will get a nice up tick in the pps for GNTA?
My understanding from the last stockholder meeting and the press release at the time was that April 2012 was the outside time frame for the TSP to be ready. Your date of October 2012 is the first time I have heard of it. Was the October 2012 date put in writing? When did you hear about this October Date? I will be buying back in shortly in TDCP. My 31 day IRS wash period is about to expire. Good luck to you too my friend.
I think there is a good chance the TSP will be made public before March.
I think somebody said we will know for sure about the r/s this coming Tuedsay after COB.
Thank you Sir.
Sir, where do you see a listing for post market buys and sells for ecdc? please advise at your earliest convenience. ty
My order will not be filled today. Oh well.
You might be right. This company is a gold mine. I love to see action like this.
I have an order in for .0024. I got more shares last time at .0024. And I would like some more. Anybody think I will get it in 8 minutes?
2.8M shares and the stock ticks up? Somebody is damn bullish on this stock?
Thank you for your kind comments. Good luck to you as well.
Any body who did not panic yesterday but bought more shares made a cool 50% return in two days. I bought more shares at .004 and I could sell them now at .006. How many shares have I sold? Zero. I have no intention of selling any shares until CMEY hits .03 or maybe .05. Even if I begin selling at .03 or .05 it will be only an amount sufficient to give me a hefty return on my investment. The rest of the shares –about 70%--I will not sell for 2 or 3 years from now, depending on how things develop. Good luck all.
Wait for me!!!!! lol. I am with you 100%. TDCP will give lots of paydirt to investors who see and understand the future of 3D technology. This is a stock you want to own enough shares to leave to your children. CMEY, if it can hold the techological edge in 3D tech, could be the next IBM or Microsoft.
Yes. It was in the prior news release. And of course, you can read the brief reference to it in today's news. However, today they did not say it will be completed in January but in the prior news release they did.
Just ride this out folks. Remember, CMEY is undergoing testing by IBM. The tests are scheduled to be completed in January, this month! If CMEY passes the test, and the odds are she will, that will be bullish news for this stock. Today's action is a sucker play to get you to sell. Either hold on to what you have or buy a few shares and average down a little bit. CMEY is a great stock.
My friends, please remember the only stock price has gone down. Not the value of the company. The future prospects for CMEY have not diminished, nothing has gone wrong. If you are a day trader, today's action is bad news. If you an investor, this is an opportunity for you. CMEY will come back plus a lot more. A MM could be trying to scare investors out. Just ride this out.
I bought some more at .004. Knowing CMEY, it could either down more or end right where it started today. In either case, .004 is a very good price.
Thank you ECDC for the tick up. Please feel free to do a bit more if you like.
Come ECDC, you are a great stock!! you can do better than this!!
Give papa a little kiss.
Absolutely yes. Any shares you hold through the r/s will be locked up until new shares are issued by the company. If you hold your shares through the r/s, you will not be able to sell them until Ameritrade and Scottrade get new shares issued to them. This means when you see the stock price much higher after the r/s--you will not be able to sell. Any shares you buy post r/s you can trade immediately. All post r/s transactions are conducted like they are now, with ordinary buying and selling. But shares you hold pre r/s are non-transferable and new shares must be issued. This can take weeks and sometimes months. Scottrade and others have no control over it. The Company has total control on how fast the new shares are issued. Naturally, there may be a great deal of frustration during the period your waiting for the new shares to be issue. The stock price could be going to the moon but you can't sell!!
Thank you for your response. I guess you are moderately bullish on the stock. We will know a lot more next Wednesday. Hopefully, the stock will rally a bit before Wednesday.
For sure a r/s is a bad thing for investors. More often than not, investors lose lots of money in a r/s. However, there are unique circumstances for TDCP. Other things being equal, TDCP stock should go back down after the r/s. However, a lot much depends on where TDCP is one of two weeks before the r/s. If the TSP comes out at the same time or within days of the r/s either before or after the r/s--there is a danger TDCP may not go down at all. If TDCP announces the TSP just before the r/s and TDCP is awarded a contract with Boeing or some other outfit, TDCP may not go down. Or if it does go down it might do it for one of two days at the most. TDCP is a tough stock to manage and I expect it to be very volatile. Most likely, I will emply a two track strategy. I will hold some stock through the r/s--even though I will not be able to sell them until the new stock is issued which could take weeks. And I will plan to buy some stock after the r/s and watch it closely.