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My thoughts exactly. Flipping right now is extremely unsafe with news coming at anytime and not just any news, EPIC news!
They are required to release a 8k of the fda news 4 business days after of when the news was received to them. The 8k we received this morning deals nothing with the fda news but is just a step to get them back to "current" status.
If they follow the SEC rules then a 8 k has to be out by the 4th day of when news was received which tomorrow is the 4th day. It does not specify on the time I believe but tomorrow is the last day if he follows SEC rules to releasing the 8k. But I do expect to see that 8 k very soon here but I will not speculate anymore. If he does not release news tomorrow I will not freak out because it will be come here soon.
Bio-Matrix Scientific Group, Inc. (BMSN) -OTC Markets
0.01 0.00(0.96%) 1:03PM EDT
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Income Statement Get Income Statement for:
View: Annual Data | Quarterly Data All numbers in thousands
Period Ending Jun 29, 2012 Mar 30, 2012 Dec 30, 2011 Sep 29, 2011
Total Revenue - - - -
Cost of Revenue - - - -
Gross Profit - - - -
Operating Expenses
Research Development - - - -
Selling General and Administrative 118 106 142 104
Non Recurring - - - -
Others - - - -
Total Operating Expenses - - - -
Operating Income or Loss (118) (106) (142) (104)
Income from Continuing Operations
Total Other Income/Expenses Net (82) - - -
Earnings Before Interest And Taxes (199) (106) (142) (104)
Interest Expense 323 55 17 15
Income Before Tax (522) (161) (158) (119)
Income Tax Expense - - - -
Minority Interest - - - -
Net Income From Continuing Ops (551) (161) (158) (119)
Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income (522) (161) (158) (119)
Preferred Stock And Other Adjustments - (344) (55) (93)
Net Income Applicable To Common Shares (522) (505) (214) (212)
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Financials on BMSN are now out on yahoo finance. You think Koos is trying to become current again?? I THINK SO!!! Something big in the works here folks
Been doing stocks for quite sometime and I understand everyone has there own trading style here but I like to post creditable info and not to mislead the new people here. I been in this stock for over a year now and I been eating a lot of popcorn watching and playing this thing. Going to be fun here when news comes out
Ok I am a little sick of rumor here so what is the proof to this?
We are staying at these levels until news. We have great support at .01 so everyone stop being worried or complaining about a 1 or 2 % change in pps. When news hits you will just need to hold on tight and enjoy the ride but until then RELAX and have fun with the low prices because you will never see these prices anytime soon. LOAD UP NOW.!
That is my thought also. Should be seeing news on it here in the recent future.
Possible cheap shares for me in the morning but we will see. Each day with no news brings me more and more cheap shares. But we will see news soon!!
Penny stocks are always risky but if you do a little research on your own you will find that BMSN and ENTB are some stocks that are less risky than most out there. Dont invest if you do not like risk. I got friends tell me playing stocks is a lot like gambling and I just laugh and disagree. A little research and learning about charts goes a long way to make the risk, less risky. I am done for the day and I work tomorrow but will try to message in when I can.
I am thinking silence is better than what is going on in BMSN right now. A lot of people worried there it seems but me I am just having fun grabbing all these cheap shares while I can.
I agree but I just believe in getting out real information. I do not like to mislead or lie to people. I been here for over a year now and I will not be selling anytime soon.
Sorry I was mis read the rules. Day 30 was Thursday but that day does not count as a busniess day. First Business day would be Friday which means the 4 days would end Wednesday. Sorry about confusing you but mis read the rules but either way news comes out soon! No worries from me. We will see good news this week.
It is possible it was denied on the 30th day but have no way knowing. But I believe I was wrong about Tuesday. The 4th day would be considered on Wednesday. But I do feel the FDA would not wait to the last minute to deny it but we will see soon.
Well if they put it on hold then news will still have to be sent out. If that is the case for when the 30 days starts do we know when a case number was assigned?
FDA rules state they have 30 CALENDAR DAYS to approve or disapprove and if no approval is given then they have AUTOMATIC APPROVAL which should be Thursday. Then SEC RULES state that you have 4 BUSINESS days to release a 8k after news was approved. So if the 30 days ended last Thursday then the 4 days should be Tuesday.
It just does not make sense to me that the FDA would wait to the last minute to deny it.
I will have to disagree with this. We can agree the FDA has 30 calendar days to deny the IND application. We can also agree once the 30 days is up that means automatic approval. Those are FDA rules. Now SEC rules are you have 4 Busineess days to release news. Now the FDA could have waited to the last minute to deny the application which means they had until last Thursday which means BMSN has until tomorrow to release the news. Now I do not believe FDA would deny the application on day 30. What seems to make more sense to me is the FDA granted automatic approval to BMSN. Now for whoever who been in this stock for has long has me will know that David Koos does not release any news unless he has to. I am sure if he could get away releaseing no news he would do that but he can not do that. He now has to follow Sec rules which means you has to release news by tomorrow. This is my feeling towards it though but we will have to see soob what happens.
Please sell me more .005 !!!! Please!!!
With each minute passes brings us closer to the good news. Thursday was when automatic approval was most likely given which means Tuesday is when news has to be released. I do not see the FDA waiting to the last minute to not approve this.
Holding above a penny very nicely here.
I have faith we will be getting news no later than Tuesday. I grabbed me a lot more shares today to show that we will get approval here.
Not selling here. I also keep buying. Cheap shares here!!
I thank you for your efforts. I feel we will get news of approval on Monday which is why I sold all I could of one stock to get what I could get from here. Great stock here in the making. We held our ground here very well at this level and will make our next big run north even stronger.
GREAT DAY!! I am locked and loaded for the next week!! Thank you all for selling those shares to me!!
trying to get me more here before monday!!
Hold strong and developing a great base here for huge run north
We are going to have a lot of people chasing when news come out here because they wanted to play it " safe"
I am loading here
30 days is up nd showing signs of automatic approval. Koos has never released news until he is forced to and that is why I am thinking monday news will be out. Koos is giving everyone a chance to buy at these cheap shares before the big pps. The risk with this stock is getting less with each minute passes. Huge money to bd made!!
Keep selling to me!! It does not bother me one bit. When news hits which it will soon all the weak hands that sold will be crying and I will be in Aruba with a nice drink in my hand.
Picked another 200000. These are cheapies folks! Getting ready for a epic week next week!
Alert>>>Deep Pockets Pfizer (PFE) Research And Development Stem Cell Unit In Cambridge United Kingdom To Begin Working With Bio-Matrix Scientific Group (BMSN)_Ventures Sierra World Equity Review
HEADLINE: Deep Pockets Pfizer (PFE) Research And Development Stem Cell Unit In Cambridge United Kingdom To Begin Working With Bio-Matrix Scientific Group (BMSN)_Ventures Sierra World Equity Review.
Watch For Official Press Release Shortly, Remember When You Read It Sierra Told You First!
We will follow bmsn up and with how lower share structure gives us more fuel in the tank to move up fast and long!
Going to be fun here. I woke up today feeling like its Christmas morning
Charts are looking great and have plenty of room to move now. Just when news hits there is no telling where this can go.
I will say entb needs to get more excited! Losing weak hands everyday here and putting shares into stronger hands. Put a decent amount of shares into my hands and you wont see me sell a single share until we hit above .05 which yes I feel we will see this year!!
It will also be a year for me in a week I believe and let me tell you I have not sold a single shares because I knew we will get huge news and now it will be here soon I feel. Its been a rough ride but worth it all!
i grab more today at .0057 but I like to think of it has looking to next week which I feel like pps will be much different so I am happy with it. Good luck to you also.
Well I sold a lot of my shares of my other stock to get into this one before news comes out. I think its going to be huge but we will see soon.
What could be bigger than approval?? I am hoping merger