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We just need that bankruptcy to start up again to help give us more dates. Hula Hula Cuckoo Penny
On a funny note. I wonder if they will continue being a week behind on each scheduled payment. That would be convenient eh. Already a week behind on first payment.
So supposedly that 3 million is coming between February 16th and April 30th. Anyone want to put a friendly bet on that 3 million not coming in on time to do deal. lol. I say good luck in hell that it comes in on time or comes in at all. That renegotiated note is a big sign for me. Why have it put out another few months unless there’s reason to delay due to other significant events coming in the plan. Lol.
Hula Hula Cuckoo Penny
This is a sign . e) $3,000,000 after February 16, 2024 as determined and agreed by the Company and Subscriber.
This is a sign . “Interim PIPE” means a sale of shares of the Parent’s preferred stock at a price per share of $5.00 per share, in a private offering resulting in amount equal to at least $2,000,000 of gross proceeds to Parent in the aggregate, plus an additional amount as may be required prior to closing of the Merger to be determined in good faith by the parties hereto to adequately support the fertility business activities per an agreed forecast of Parent, as well as for a period of twelve (12) months post-closing including a catch-up on Parent’s past due accrued payables still outstanding. The parties have agreed to the following schedule (the “Minimum Interim Pipe Schedule”) for the initial $2,000,000:
This is a sign. End date is now April 30, 2024……..which is 2 months past original time. That’s 6 months to do a micro merger. Hilarious. C’mon. That’s a pretty telling sign.
I also read something wrong. It looks as though INVO guys are getting the same retroactive pay as they had in original employment agreements. So that’s interesting. I wonder what that means. lol
Also. Bruce it looks as though they are staying listed from the way the convertible note has been arranged. But that could change right. They could easily flub on payment schedule etc and be done with it all. All in the plan to delay everything until the time is right. I’m just trying to see where this Satellos deal comes into play. We know June date could tie in with the ESHA deal. I guess if all completes by April, they should be able to tie in Satellos once it hits its escrow end date. Then that one can begin and ESHA merger can begin in June/ July.
I still see no listing happening. If it does, I hope they take price down to nothing. Lol
Hula Hula CuckooPenny
Enjoy your Spring people. Tepers work is completed. Delay Delay Delay, Hula Hula Cuckoo Penny
Bruce, you can never say that I never told you so. Sorry bud. These guys are a bunch of assholes. Now you know. Nothing much more to do now and wait for something to happen in second half after the summer. Cause we all know nothing happens in the summer. We should have something more concrete by October. Until then it’s just fluff and puff and that be that. Bruce it actually still annoyed me that they put all those extra bullshit filler dates. What’s the point there. It was a waste of breath. The other annoyance was the June dates. Like seriously Teper. Why?! Just take it through the summer. I was thinking it could be because of the ESHA deal and its timeline. That one is under the gun sort of speak. Satellos. Could follow in 2024 since they plan to push this first deal out so far. Hey, what’s funny here is the bankruptcy. Remember this, they still have to start addressing things there and this whole delay is based on that little baby. I think they could easily drag out remnant sale for 6 months or more. That’s the only enjoyment I get here. I love that bankruptcy stuff. Decree will come after settlement which could take who knows long. Obviously it can be stretched for a year or so since we will see shit until 2025. Any ways, yes Bruce, I prefer starting the year deep in the shit and know exactly what’s coming. Now we all can focus on the more enjoyable things in life. I’m already set up for another two weeks in Hawaii come Spring Break. Then I’ll go back in Summer for another. You enjoy Bruce. Thanks for the update RLK. Can’t remember if I thanked you. I was laughing so hard last night when you sent it out. I knew this crock of shit was coming. It was pretty telling the way Teper was lining things up. So good people. This is now officially a build to buy and we now know it. It will be recaps for whomever is in the books. Equity holders get squat and dragged through the mud for another year or more. Go Trump Go. I hope some of you are Republican because you aren’t you will really pump sand this year. Sucks to be a loser in the market and be a Dem. Hula Hula Cuckoo Penny
Bruce boy. I tried to warn ya. I knew this shit was coming and now it has. Now you know that nothing is coming our way but recap and bullshit for the next 6 months and then some. So enjoy your updates but from here on out it’s all a poopoo party for Longs. I’m actually glad this donkey fucker dropped this smelly shit now. Better now than leading everyone down the road to la la land. Look at Invo management taking pay cuts. Boo fucking hoo. Those fuckers all get to be in the jam like the crooks they are. All promised little packages. Lol. Man I could smell this crock of stink months back. Any ways. It sucks but it’s the way the cookie crumbles. Enjoy your Spring peeps and all the bullshit updates to follow. I know you love those updates. Lol. 500k payments for 4 months. Convenient. Big money. Ooh ooh. Big money. Big players. lol. Hilarious. Such a joke. Later gator. Cuckoo Penny
Like I said people. The game is called Fuck You Longs. Recap. Recap. Recap. Extension to June 2024. And what the chicanery is that multiple 500k payment schedule. Hilarious. I smell a big stinky dump coming. This is super predictable. Let’s move on already to Satellos and ESHA. June will be fun. Summertime folk. You think they’ll do anything in summer. Of course not. Hilarious. They might as well had said September 2024. Sorry folks but this is making me just laugh. So fucking predictable. Thanks for the heads up RLK. Hope you enjoyed that stinky shit. Hula Hula Cuckoo Penny.
Hey guys…….Wheres the S-4 people? That should be the biggest give away here. Me no see people.. I know that sometimes jerk off companies can delay and take their time like when it took 3 months for Procter & Gamble to file their s-4 after they announced it was acquiring Gillette. But c’mon folk, Proctor is just a little bigger. Just a tad bigger. Lol. What a joke. I see no registration so that’s it for us. Recap it is people and now we’re just waiting on Teper to come back from his homeland to blow the whistle on the recap and to start the game called Fuck You Longs. Hula Hula Cuckoo Penny
I’m sure my Las Vegas boy Olan is doing well. He’s was smart to buy in privately. He’s a much more smarter man than me. I only was passive at first until I did my research. Shoul’ve jumped in not the other side. I really couldn’t do that with my TFSA approach. Sometimes you have to take the initial hit to reap the reward in the end. Next time I will do something similar to you big guy. Live and learn. Lk foundation is always open to donations Olan. Hope you are doing well with the amazing weather you have done there. Hula Hula Cuckoo Penny
Bruce. The only ones benefitting from these recaps are the small few being the private guys / creditors . Hula Hula
Mike, where did you see those price predictions. Would love to see what those knobs said. I’m glad to hear your draft king stock is doing well. Great work there. I’m sure casinos are doing much better after Covid. I can only imagine how much that drove up gambling online. Good for you Man. Keep up the great work. Hula Hula Cuckoo Penny
And Bruce, I have no reservations that this is a recap. Same goes for Satellos. Naya is simply a bullshit scam and same goes for the other following two. Once we get confirmation for Naya, that’s when we know for sure that they are just going to recap the rest. I was hoping for a lower valuation exit but that doesn’t support the 50 percent acquisition tactic done with Immune in March 2021. I don’t think any of these future deals mean Jack shit. I won’t be following too much. Just getting my sleep and giving my daily rants is what I prefer. I got these guys pegged big time. I wish I could line them all up at the gallows but that’s a whole different ball of wax. Hula Hula Cuckoo Penny
Yes I agree Bruce. I see it as a build to buy strategy. I’m glad you don’t care about the liquidity part. That’s good news. I actually could give a rat fuck about the updates. I guess you just like being in the know about what’s happening. I generally only care about the end goal and that’s regaining liquidity. That is I guess another subject we can agree to disagree on. I’m her to make money, not to sit on my thumb and rotate. I guess you’re happy doing fuck all. Good times. lol. All I can say is that this asswipe Teper better get acquired by Astra, cause I will be one of the biggest thorns in his side down the road. Like Soros, I will fuck with him until he’s six feet under. I forget nothing and unlike many, I take everything personally. And this shit is personal. Maybe Teper is dying. Maybe he feels he can out in a blaze of glory and give his estate to his selfie taking son. Hilarious. Man do I hate fucking liars. Now I know why Johnny boy lives in St.Thomas. Too far to go just to kick his fat ass. Lol. Hilarious. All a bunch of wankers. Through and through. Hula Hula Cuckoo Penny
Must exchange old for new. Lol. Hula
Honestly guys. I just don’t see any new issued share transaction. I simply don’t people. The only way you see anything is through an exchange. Could it happen. Yes. But I just don’t see it. Would it be amazing. Yes. My taxes would be so much better thanks to that program. But I just don’t see it. I see these guys stretching this out until who knows when. lol. Hula Hula Cuckoo Penny
Piece meal transaction if it happens……
In connection with the Merger, INVO will issue to the stockholders of NAYA newly issued common stock, representing, following such issuance, more than eighty percent (80%) of its issued and outstanding common stock, effectively resulting in a change of control.
So we need new common shares issued Bruce. Hula
What is a share freeze?
A share freeze generally involves the exchange or conversion of common shares into redeemable preferred shares, the value of which will be set at the fair market value of the common shares so exchanged or converted. The value of the company will then cease to accrue on those shares (whose value becomes fixed upon freezing), and instead will begin to accrue on new common shares issued following the freeze.
For example, a sole shareholder owning 100% of the common shares of a company exchanges his shares for redeemable preferred shares for an amount equal to the fair market value (e.g. $100,000); immediately after the freeze, his son subscribes for 100 common shares for $100. Future appreciation will be reflected in the 100 new common shares issued, while the preferred shares retain a fixed value of $100,000. The holder of these preferred shares will have the right at any time to require that his shares be redeemed by the company, for a total amount of $100,000.
Hey guys, do you remember how long we have to wait before we can transfer the restricted shares? Was there time given? I’m thinking shares can remain frozen indefinitely until a merger is completed. Trying to help you out Bruce. Trying to see if you can get a loan through another avenue. Don’t believe it’s possible. Hula
So truth be known Bruce, no financing for you or anyone for another year or so. Sucks. Hula Hula Cuckoo Penny
Hey guys. I meant to say in the last message that I believe we are simply being Acquired and just absorbed at the end in 2025 by Astra. We won’t be doing anything but recaps until that happens. The whole spin / whatever is just utter bullshit and simply a diversion in my mind. At the same time, yes, a Spin could happen and maybe Astra doesn’t acquire “controlled” Cytovia company like it did with the parent company Immune Pharmaceuticals by Alexion in March 2021. I just see Astra wanting everything hence the Cellectis deal. I’m kicking myself for not buying the same percentage in Cellectis as I did with Immune Pharmaceuticals. What deal that is. Starting to like that Russian squirrel. I absolutely hate this new software update for Investor hub. It keeps messing with my speech. I would like to blame myself cause I’m pathetic at writing but they have this new grammar software that keeps messing with me. I couldn’t care less about my spelling. Any ways. Sorry for that guys. I was on a real purge with last text. lol. Hula Hula Cuckoo Penny
Guys it will be very interesting to see where we stand with ESHA SPAC recap at the end of year. These little recaps combined will bring a few bucks and ESHA will also bring a few bucks making us probably worth 20 dollars a share by year end. 2025 we will be absorbed by Astra. Astra will just take everything. I don’t believe our deal is simply being acquired. Nothing more nothing less. Every deal going forward is simply delaying the inevitable. Sadly market will most likely suck big time this year as I expected and eluded to in the past. Giving Teper credit, he did lay it out in the last deck with Isleworth. The only thing that bothers me, is why these fuckers feel they have to lie. I don’t see how it helps them. I might be a naive idiot here but I just don’t see the benefit. Why stir the pot. It does nothing for me and nor does it make me want to sell or whatever. You are an idiot if you sell. I think Teper did mention that he was interested in this “woke” INVO’s agenda / tech, which is a joke at best but to me, but I guess it showed at the time that he wasn’t really interested in the listing at the time and that he would prefer to absorb and recap. So that’s fine but c’mon buddy, just say we’re doing a recap. I guess once a scum bag always a scum bag. Seriously, what a piece of trash. We have been in this for so long. Who gives a fuck if we don’t list. I sure don’t care. At this stage we’re not trying to get past the active business holding period. The market is frozen and it won’t be de-thawing anytime soon. Hopefully they get this one deal closed up, terminate, deregister and move on to Satellos Bioscience. I guess we all have to wait until escrow for them is freed up. That’s my thought. This way they can do the recap deal. So I can only assume that we are waiting until that 36 month deadline and then from there we can do the next deal. Pretty simple. I forget that date but I think it’s in March or just after. That should take us out another 4 months into July which is when we’ll see ESHA come in to light. They’ve given themselves up to end of June to do their deal. At that point they will stretch everything out like the last Isleworth deal. By that point, I could give two shits what happens as I’m going to be so pumped up for Trump and his new reign. The next five years are going to be so much fun for me. Oh man people, I’m so excited. I’m going to sit back enjoy the rest of this year’s slow burn, global warming’s hottest hell summer ever reported and soon after get to see everyone go absolutley crazy anticipating their impending doom. What goes around comes around. Trust me there’s going to be many people getting what’s coming to them. Hula Hula Cuckoo Penny
I wouldn’t be focused on liquidity. You are in dreamland thinking anything is happening. I do like Cellectis.They just got their money. Their shareholders are sitting pretty. That company is cheap. I think Cellectis still plays a big role in the build and buy strategy that Astra has in play. Unfortunately Cytovia nobody special etc is at the end of their acquisition plan. Just you wait and see, astra is simply putting their stakes in the ground. It sucks for us Longs that we are right at the tail-end but that’s the way the cookie crumbles. One more year to wait and then we’ll be ok. Don’t you worry, I will be here complaining and bitching for all 365 days. Can’t wait to see all the Chinese stuff happen. We won’t hear too much about their progress but I’m sure those awesome people are working hard for us. Good times. Hula Hula Cuckoo Penny
Bruce. First six months of this year will be focused on recapitalizing and Cytolynx growth in China. Nothing more nothing less. Lots of work to be done in China. Hula Hula Cuckoo Penny
ESHA is the best way they could reach the market. I don’t see these tiny little companies being the entrance point unless they are doing a build to buy strategy which is what I believe is happening. ESHA is a nice way to get things started. Still a tiny entrance point but not like the other guys. Don’t get me wrong I prefer the impotent way of doing things. A lower priced exit strategy benefits me just fine with my awful tax situation here in Canada. Yikes. Just don’t believe in that alternative. Choo Choo Cuckoo Penny
Bruce……..have no clue what you are saying with this point. -Naya merger 'said' too close in Jan/ Feb.-……… don’t compute.
Don’t forget Bruce, Teper originally said deal was going to be completed in 2023. That was highly unlikely as most mergers especially micro mergers like that little one take 4 months to complete. So January / February was always going to be the likely scenario. I’m leaning into February or later. I again don’t believe this merger will play out the way some folk want to believe it will. Recap here we come. Once that domino collapses, boom, thats when it all comes down in the same sequence I laid out. Crossing my fingers. So exciting. I could be very wrong here. Who knows. Not me. Stay tuned for a great ride. Hula Hula Cuckoo Penny
Hey Bruce. I’m glad you remain a wishful thinker. Wishful thinking has probably helped you and many others with day trading. I’m more of a realist with my thinking and I need lots of hard facts to change my mind. For now I will just agree to disagree with you on timing of the outcome. Hope is good but it doesn’t do anything for me. I guess if you have high anxiety then hope probably relieves some of your unneeded stress. Lol. Best to all you wishful thinkers. I’m still a 2025 guy and I don’t believe for one second that any liquidity will reach us Longs in 2024. We will have amazing growth for sure with great transient merger recaps and possibly one more SPAC merger. End of year around November could bring a liquidity event but again that’s still up in the air and very unlikely. At the end of the day, I’m not a professional and I really don’t know anything here. I’m just a crazy delusional guy that likes to hear himself talk. So whatever you do, please don’t take my word as truth. Quite frankly these guys don’t need to do anything on the 5 year mark. Bruce, you have very eloquently laid out many of my previously made points, but I still don’t believe theres enough proof in the pudding to change my mind. They can delay delay delay. Hula Hula Cuckoo Penny
Super article about licensing and assignment. It’s an oldie but good one. How to exchange IP for shares of stock in your startup. Great title. Hula hula
https://www.cairncross.com/blog/ch-news/how-to-exchange-ip-for-shares-of-stock-in-your-startup/
Great memory
Cytovia Oncology
EXECUTIVE SUMMARY
• Cytovia is a commercial stage pharmaceutical company with immuno-oncology focus and a pipeline of development stage compounds
• Cytovia is separating in Q4 2017 from Immune Pharmaceuticals with an expected NASDAQ listing in 2018
• Profitable revenues to be driven by international sales of Ceplene for remission maintenance AML prior to US approval
• Licensing/acquisition of additional commercial products planned to accelerate growth and profitability
Delaware registry won’t allow me access to Vector therapeutics Inc. or Vector Therapeutics corporation incorporation dates. I don’t understand why. Hilarious.
Section 10. Change in Control.
10.1. Payment on Change in Control Termination. The Company will provide or cause to be provided to the Chief Business Officer and General Counsel the rights and benefits described below if, during the Term, within the three (3) month period prior to, or within the twelve (12) month period following, a Change in Control,
So I’m thinking that Cytovia started up in November 2019. 12 months from agreement / for cause resignation / change of control.
https://contracts.justia.com/companies/vector-therapeutics-inc-16211/contract/281957/
Just reminiscing. Watched an old video. Teper says Vector was started last summer 2008. The video was done in 2019. Hilarious. Too funny
One more year to go Mental. 2025 is going to be amazing.
I also don’t care about Ceplene assets Mike. I’m more interested in the active business time line etc. it’s so interesting to me. Time of issued shares and acquisition dates etc. Hula Hula Cuckoo Penny
This will help you out Mike. Common control transactions are great.
https://viewpoint.pwc.com/dt/us/en/pwc/accounting_guides/business_combination/business_combination__28_US/chapter_7_common_con_US/71_chapter_overview__1_US.html#pwc-topic.dita_1810103401191473
What’s also interesting Mike is the short term licensing deal that was made between vector and Immune. Don’t forget that one Mike. John won’t forget that move. It was a good one in my mind. I guess you must have missed that one. There’s a ton of great things you can achieve through a licensing agreement. I pointed this out years ago. Stay on it Mike. Happy New Years to you big guy. Hula Hula Cuckoo Penny
Hmmm
3) Active conduct for five-year period preceding distribution. Under section 355(b)(2)(B), a trade or business that is relied upon to meet the requirements of section 355(b) must have been actively conducted throughout the five-year period ending on the date of the distribution. For purposes of this subparagraph (3)—
(i) Activities which constitute a trade or business under the tests described in paragraph (b)(2) of this section shall be treated as meeting the requirement of the preceding sentence if such activities were actively conducted throughout the 5-year period ending on the date of distribution, and
(ii) The fact that a trade or business underwent change during the five-year period preceding the distribution (for example, by the addition of new or the dropping of old products, changes in production capacity, and the like) shall be disregarded, provided that the changes are not of such a character as to constitute the acquisition of a new or different business. In particular, if a corporation engaged in the active conduct of one trade or business during that five-year period purchased, created, or otherwise acquired another trade or business in the same line of business, then the acquisition of that other business is ordinarily treated as an expansion of the original business, all of which is treated as having been actively conducted during that five-year period, unless that purchase, creation, or other acquisition effects a change of such a character as to constitute the acquisition of a new or different business.
So now we just have to wait five years of active business. Hope I’m driving that home for you guys.
So we couldn’t do anything for awhile based purely off the fact that Discover, Johnny boy owned most of the stock back in ohhhhh late 2018.
Let’s not forget that amendment January 15th, 2019. Good memories there. Remember the recitals.
RECITALS
WHEREAS, the Company and Discover entered into a Securities Purchase Agreement dated October 9, 2018 (the “Securities Purchase Agreement”), pursuant to which Discover acquired from the Company (i) $5.5 million in principal amount of the Company’s Senior Secured Redeemable Debentures (the “Debentures”) and (ii) three-year Warrants (the “Warrants”) to purchase up to 50,000,000 shares of the Company’s common stock, par value $0.0001 per share (“Common Stock”) at an exercise price of $0.10, subject to adjustment in certain circumstances, for a total purchase price of $2.0 million in cash and a $3.0 million promissory note (the “Investor Note”) payable upon the earlier of the effectiveness of a registration statement covering the resale of the shares issuable upon conversion of the Debentures (the “Debenture Shares”) or one year;