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.
Wow, psid entered ANOTHER stock selling agreement..they just keep on issuing new shares....from 8k today: http://www.sec.gov/Archives/edgar/data/1347022/000139843213000739/i12416.htm
Uh, you didn't answer my question. So the market cap of the comapny has nearly doubled over the last 6 weeks, and i think it's just been 1 p/r out by the company, the 1 out yesterday
still haven't heard this major news. Is today's p/r something you consider major?
$appy 9.95m sh. o/s on 5.06.13. 10m in offering. 3.5m warrants. Over-allottment option 1.5m shares + 0.525m warrants. Gives 25.475m total
jiggity: what's the news? how did you hear about it? tip from an employee? thing ran an $18m loss last quarter i recall. Don't know what kind of brilliant news they could put out that get's them to $5. They have 63m shares o/s. 5-3.20=1.80. 1.80*63=113.4m addition to mcap. I can't think of any news they could release that increases the company valuation by $113.4m. So more details please from you on what you heard
So you pulled that from cardinal health? http://cardinalhealth.com/beckloff/documents/pdf/Orphan%20Drug%20Product%20White%20Paper.pdf
It's better than nothing, but i really prefer FDA source documents
Hadn't heard before that they got their 2012 salaries in shares. And re: your claim that they can't get sell them for several years, i doubt that. If shares are in lieu of cash they should be sellable immediately so that said employee can pay their expenses.
I don't mean to buy my shares. I mean to align their interests more closely with shareholders. Hasn't been any form 4 buying on this stock in a few years, and now it's at all-time lows
I think a better question is, why won't any of the employees do a form 4 purchase of shares in the open market? put their interests more in line with those of shareholders
Was that financing announced prior to the delisting?
Yes it does work that way. The reason the last one wasn't enough, was because the share price didn't meet the min. bid requirement for nasdaq listing. Which is $1 or $2 i believe. But also, i'm not sure if all the other criterion were met at the time of this year's r/s for a relisting (ie. marketcap, shareholder equity, etc).
But i do remember looking at the time of the delisting from nasdaq, and the only thing they were missing was the bid price...thus a simple r/s would have sufficed
I don't think it applies actually Kappak...why? i see that 144 is for restricted securities...http://www.sec.gov/investor/pubs/rule144.htm
The stock options that employees get are almost always non-restricted (99% of time) from experience. Goin to try and see if PSID's stock plans have been made effective with SEC (and thus are non-restricted). Further,,,even if a share was restricted, if it was disposed by an insider, i don't think that exempts them from needing to file a form 4
Nonsense guys. They wouldn't needed to have lost the listing. Why? if they so happened to fall under 1.00 bid price, they could have r/s again.
Huh? "Had they tried to keep the listing they would have had to reverse the stock as a listing requirement, lost the listing anyway and then had to reverse again as the price slipped.
"
They could have r/s simply and would have been able to maintain it. They met all the other all continued listing standards: https://listingcenter.nasdaqomx.com/assets/continuedguide.pdf
Company employees are stupid i say..they are just making their salaries right now..none of their issued stock options are in the money...if they were smart they could be making money off stock too...they should have kept the nasdaq listing..this stock could easily be trading at a $10m market cap instead of $1.5m
I'd hope so...but if you believe this..the p/r for the contract came out 12.20.12,,so it's been out 8 months...why haven't you contacted IR by now to verify this detail??
With the insider trading that can go on in congress and other gov't...if PSID is in the running, and if this Gen 3 is goin to happen, how come it's market cap is not worth a bit more than $1.5m? And further PSID stock is trading at ALL time lows rn. The lack of connected people in the gov't bidding this up is something that i think if potentially fishy
Well per the wording of the 12.20.12 p/r..there was:
a) a license agreement
b) a teaming agreement
c) a license fee
I presume the license fee is for the license agreement, and if there had been a fee for the teaming agreement, if would have been called a "teaming fee". In any case, in the scenario they get another $2.5m dollars, i consider that amount pretty inconsequential
Well on the middle link, it does indicate that the teaming agreement automatically expires after "one (1) year" from the effective date. And the effective date, per article 30, is 1.2.2013
No fda decision time guideline given at that page you linked
do you have a link to FDA guidance on orphan requests to back that up?
so sales under rule 144 don't have to be reported publicly?
Jape, how long does it take for the FDA usually to give their decision on an orphan request? 1 year or something?
how long has he been with the company? i find it odd that since the stock hit a new all time low in june 2013, that there's been no form 4 buying by company employees. Why aren't they putting their money where their mouth is?
MST188 for SCD has already been appointed orphan drug in the USA. If you are referring to ALI indication, i think the FDA takes longer than a quarter or two to decide
For the 2013 catalysts listed above on this board page, report data from tQT study has not been marked off as completed. Why? are the mods trying to pump that it still has this as a pending catalyst?
Never heard of that before robsct. The way i read p/r, it was for the life of the BioWatch Gen 3 program (however long that is).
I think the exec's are corrupt to some extent, but also stupid to some extent. I bet if they had kept the Nasdaq listing it would be trading at a $15-20m market cap rn. However, per Ihub's count of 24.06m shares o/s, it trades at a $1.20m cap rn.
Also the company officers/directors seem corrupt to me because no form 4 buying.
I wonder if this company has horrible executives, or if they are engaged in corruption to some extent. The reason for this is that they sold certain rights on MBAND to Boeing for only $2.5m. If BioWatch Gen 3 is in the billions why couldn't they get at least $25M?
don't see it on nasdaq dot come..where is short interest for OTC stocks?
Selling would just look awful to shareholders at all-time lows. I still am interested to see if exec's/dir's will put their money where their mouths are
ya, why hasn't their been any form 4 buying by officers/directors at all-time lows here?
Hm thanks, I wonder why a p/r wasn't released to notify investors of this interview
that MLV upgrade is from 7.25: http://www.analystratings.net/stocks/NASDAQ/bcrx
Does PSID currently have an open financing equity line?
PSID dd.
source: 6.12.13 CEO interview on Stocktraderstalk:
So when is the final RFP supposed to come out? What's the last that has been said?
OK, looking into the details more of this morning's p/r, looks like that is the case.......
that's the reverse split figure that ANIP did with their stock i think? What im wondering is how many bpax shares yesterday, are worth in ANIP shares today?
What's the scoop with bpax? ie. How many shares of bpax yesterday are worth 1 share of ANIP today?
MSTX, 7.18 Vista Partners update of coverage pdf: http://www.vistapglobal.com/wp-content/uploads/2013/07/MSTX_Report_7_18_13.pdf