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Geert Morning
Geert just had his oatmeal and toast. He liked it
Cheers!
Going on 3 hours since Geert ate anything.
Cheers
@tickle
Wow. Solid dd , bro!
@titaly
Anything is possible...but the question is "what is probable?"
Cheers!
Amazing
Great DD
Interesting
Cheers
***Filings In the Works***
I have decided to do one large post summarizing some upcoming SEC Filings. I hope this is helpful and provides some clarity on them.
10-Q for the Second Quarter ending 3/31/21
The 10-Q is due by Monday 5/17. There are a few things I look for outside of the cash balance. I’ll be sure to read it from top to bottom. There always is a few nuggets and I’ll share what I learn after reading.
I expect it to be filed either in the afterhours of 5/14 or 5/17, based on past experience.
In addition to the 10-Q there is always a Management Discussion “report”. I’m certain we will get some additional clarity on the status of the trial from Geert.
13-Fs for the period ending 3/31/21
All institutions must file their 13-Fs by Monday 5/17. As noted earlier, Blackrock added another 116K shares bringing their balance to 2.6M shares. They are the largest shareholder.
Big names we are awaiting updates on are Vanguard, State Street and DE Shaw. Perhaps a new “whale” will jump out and file a new 13-F too. One can hope!
DEF14A
Each year CVM is required to file their DEF14A. Form DEF 14A, also known as a "definitive proxy statement," is a required filing when a shareholder vote is required. The DEF 14A outlines the list of items up for vote by shareholders, such as the hiring of new directors or other business decisions. It also establishes the date of the Annual Shareholder Meeting (“ASM”). The biggest takeaway here is the timing of the ASM, as I don’t expect anything material to be voted on this year except the 2021 Non-Qualified Stock Option Plan.
Along with the DEF14A filing, there will be a long letter to the Shareholders. This will be very, very informative. This too should give clarity on the status of the trial from Geert.
CVM has flexibility in the timing on when they file this DEF14A. They can file today or 5 months from now. What is a bit unusual is that it is “normally” filed by now. We “normally” know when the ASM is by now. But we wait.
I have stated that the DEF14A will be a “tell” and signal that we are close to data. Geert would NOT have the ASM without the data. No chance. The shareholders would bring pitchforks and torches to the ASM if data hadn’t been released by then.
I have zero clue when its going to be filed but it will be filed at some point soon.
S-3
SEC Form S-3 is a regulatory filing that provides simplified reporting for issuers of registered securities. The S-3 filing is utilized when a company wishes to raise capital, usually as a secondary offering after an initial public offering has already occurred. That is the “technical jargon” but let’s simplify it.
The last time CVM filed their S-3 was 8/3/18. It must be “renewed” at least every 3 years. If they don’t renew it, they will not be able to raise funds in the future. Thus, CVM has until 8/3/21 to filed a NEW S-3. Bottom line: It will be filed well before 8/3 and it will be a nothingburger.
Let’s be really clear, the S-3 filing is not an offering. The S-3 filing doesn’t mean dilution. The S-3 filing doesn’t mean that a secondary is happening any time soon. The S-3 MUST be filed by 8/3. Again, its merely a filing ALLOWING CVM to sell shares at some future dates.
More on this geert website: https://killcvmshorts.com/
Cheers!
S-3 Homework
Everyone should read up what an S-3 is, why it would need to be filed and understand it’s significance
Your homework is due Monday Morning...
:)
Cheers
Is joining the Russell Index in our Future???
I believe so!
As noted yesterday, Blackrock (who manages the various Russell Indexes) bought nearly 2M shares last quarter. We are now on Blackrock's "radar".
The various Russell Indexes undergo a 'reconstitution" review every May and that process started yesterday. It culminates on June 25 when the indexes officially reconstitute.
The preliminary list of new additions will be released on June 4. Remember that Blackrock manages these funds and they are now keenly aware of Citius.
Im 100% confident we will be added to the Russell Micro-Cap ETF and we will learn that news on June 4.
Link to the ETF
https://www.ishares.com/us/products/239716/
When that happens, Blackrock and OTHER indexes that MIRROR this ETF, MUST BUY SHARES OF CITIUS!
As the days get closer to the reconstitution day of June 24, expect the PPS to increase in preparation of the big day
Remember, they must buy and HOLD these shares until June 2022.
Cheers!
13F Update
As we know, there hasnt been much institutional interest/investment in Citius in the past. As of 12/31/20 it was less than 1%...but things are changing!
The big news yesterday was that Blackrock added nearly 2M shares in Q1. whalewisdom.com/stock/ctxr
But that is JUST THE BEGINING. Why you ask?
***Jan 27 Private Placement***
"Sale to certain institutional and accredited investors of approximately $20.0 million through the issuance of an aggregate of 15,455,960 shares of its common stock"
***Feb 17 Direct Offering Priced At-the-Market***
"Entered into definitive agreements with certain healthcare-focused and institutional investors for the purchase of an aggregate of 50,830,566 shares of its common stock"
So this begs the question: Who are these "certain institutional and accredited investors" and "certain healthcare-focused and institutional investors"?
All 13Fs for the period ending 3/31/21 MUST be filed by Monday May 17
Time to find out who these Whales are!
Cheers!
@sunpilar
Bingo.
I’ll have more to say next week
Cheers
@Sun
Geert evening
Your getting warmer, but nothing to do with the warrants.
Good catch on those warrants, but that info has been available on many recent filings...as SAB can attest to, they will likely be extended without our knowledge, like many before.
Hint:
When was the last S-3 filing?
Cheers .
Ding ding.
Now, why am I bringing this up.
13F Alert
Blackrock adds over 115K last Q
More 13Fs due in the coming week. Deadline is 5/17
Cheers
@biobonic
C'mon man, you dont know....? Color me surpised
Its something that will be in the limelight very soon...
Ill email you details
Cheers!
Whats the importance of 8-3-18?
Anyone?
Cheers!
Chuck,
Sweetheart, it was in reach
It was $2 away, and then the bottom fell out
You seem angry
Cheers
For What Its Worth
The Russel reconstitution process starts tomorrow
Last year at this time our PPS was mid $12s and less shares O/S...thus our market cap is nearing DOUBLE where we were during LAST year's reconstitution
It all culminates Friday, June 25th
Just a FYI
Cheers!
$19s Came Much Sooner But It Was Expected
Hit $19s today, as I suggested based on TA
YOU MUST SET EXPECTATIONS IN LIFE
Thinking the stock will hit $30 in the coming weeks on no news was ABSURD! You know who you are!
The CHARTS didnt say that. Just wishful thinking said that
Wishful thinking is not a good investment strategy
TA is a good investment strategy
The Charts rarely lie...
$18-$19s is the range. Could it dip into the $16/$17s, yes, but not for long!
Cheers!
Well...
My prediction of 10 days to hit the "rangey area" of $18-$19 is going to come earlier than I anticipated
We might hit $19s as early as today
Cheers!
Why I think we are going to retrace and touch the 50 day MA
1) MACD is turning negative
2) Today, we bounced off close to the 20 day MA of $20.66 (low was $20.88). We must continue to remain above the 20 day MA.
3) If the 20 day MA fails to act as support, the 50 day MA of $19.01 will be more support. Hence my $19 rangey area.
4) We need to close above the 9 day MA of $24.24, but that is unlikely. Closing above this MA is important for upwards momentum.
5) Finally, when/If no data is coming in the next 3 weeks, I believe there will be some serious frustration with Geert and CVM. This will lead to more Short attacks and frustrated longs selling
Just my two cents
Cheers!
There are 2 aspects to a BLA
CSR and the CMC
CSR is likley being worked on now.
The CMC cant be summited until the Facility is finalized. Months away likley
Normally, you have to submit both the CSR and the CMC together
However, CVM can request a ROLLING SUBMISSION that will speed up the process
They can submit JUST the CSR section and get that going while the CMC is finalized.
Cheers!
*"EATING POPCORN" GIF*
Cheers!
@Abu
I have the article and I will not SHARE it. I will not give AF any oxygen
None
I and others have debunked all this nonsense before
https://seekingalpha.com/instablog/50299941-north-shore-research/5409963-cel-sci-tall-trial-tales
This will now retest $18-$19 in the coming 5-10 trading days
TA will prove me correct
Cheers!
A Fstain out with a new Article on CVM
@Parker
I dont think $17, but the $18-$20 is coming
WEEKEND NUGGET
I have now confirmed this by CVM:
I can state that CVM has a net INCREASE of 11 employees, as compared to this time last year.
All those nay sayers will struggle with this nugget!
Why is a late stage Biotech adding employees at an ever escalating pace?
As always, you can contact CVM to verify this independently.
Cheers
*clarification
It’s the 10th, not the 9th new Job
I apologize for the mistake
Cheers
Remember that the BLA has 2 components
1) The Full Data Analysis/Summary of the Trial
2j CMC
You MUST have a working, up to date facility and be able to produce Multikine in order to file the CMC
Due to th delay in getting the facility ready, CVM will likely file for a Rolling Submission. They will file #1 while getting #2 ready.
This will speed up the approval process
Cheers
A new job posting
The 9th new job posting is for the Quality Control Technical Writer
$CVM
— Small Time Potatoe (@SmallTimePotato) April 30, 2021
Why is a late stage Biotech like @CelSciCorp hiring employees at an escalating pace?
ANOTHER new position has been added just now, brining the total to 9 new recent job openings
*Quality Control Technical Writer*
I wonder why would they need thathttps://t.co/QoF0cdWep2 pic.twitter.com/dKP1r32Vju
FOSCO Speaks
He just posted this on Yahoo:
Geert Morning
An informal poll on when data will be released
$CVM
— Small Time Potatoe (@SmallTimePotato) April 28, 2021
Geert Morning!
When do you think Full Data Analysis will be released?
And NO, "Never" is not a choice
Cheers!
Why I Am Eagerly Waiting For the DEF14A
As you all know, for the past few weeks I have been asking where our DEF14A is. Why hasn't it been filed by now?
The DEF14A is an annual requirement and one of the details is the date of the Annual Shareholder Meeting (ASM). CVM has flexibility in when the file and when the ASM is scheduled. They will not have the ASM without data.
It is of my opinion that once data is close at hand, CVM will then file the DEF14A and detail the date of the ASM
Until that DEF14A is filed, no data.
Once that DEF14A is filed, all bets off and its coming within 1-2 weeks of it
That's my take and Im sticking to it
Cheers!
Its Going to be a Geert Day
Cheers!
New Short Numbers Out
10.6M shares short
27% of float
Cheers
@henkel
Seriously I dont care. Everyone thinks I have multiple IDs and aliases...And never any proof. I laugh at all the morons who think its me
That BioGLovesMe is not me. I assure you.
The lastest is now I am "trickledown" on Yahoo. So funny.
I laugh at all you morons.
I have the SAME alias on every board. Sushi. Thats it. 1 acct here. 1 acct on yahoo and 1 on ST.
Now....twitter is a different story. I have a bunch of twitter handles
Cheers
After having a conversation with Santa Clause and the Tooth Fairy, they said the data is good
Yup
Cheers!
@henkel
I haven’t seen sabs post, but no chance sab is trying to be manipulative. None. He is a straight shooter that is usually just wrong
Cheers
@henkel
Don’t pay too much attention to sab. He is a sweet old man, but his interpretations are so wrong 99% of the time
I have him and many more on mute
Cheers