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It already sank. The great Dr. was drilling holes in the sinking ship to let the water out. Sitting down next to the Titanic. By the way, another great day, here comes fourteen cents..
Sorry, no. Will be here till the end. Most of us here have accepted the fact that we have been scammed.
Give it another week unless the reverse split news comes sooner. The great Dr will do what he can to pump it up before he pulls the plug. You really think a bankrupt stock will come back?
Good, the $110 million should cover Ji, and his cronies bonuses this quarter. Remember his salary is $150,000 a week..for finding the cure for Covid, and scamming his investors.
Stock is skyrocketing, see you at fifteen cents. Fluff before the reverse split news.
Perhaps if there was a credible CEO with this company, the phase 2 information we would be getting would not be driving this company below 20 cents. The bankrupt soon to reverse split company. You really think he can bring anything to market? How did he do during Covid. Remember he had the “cure”?
Fluff with a capital F.
Among other things.
Butter us up before the reverse split news…
Yea, the stock is soaring.. Fifteen cents is in sight. More money to fund the great Dr.’s bonuses.
Hey boys and girls, we need the fluff, we fell below a dime….no surprise. The great Dr continues to destroy this company as he collects his $30,000+ daily salary. Where is that portfolio update? Covi-Stix? Brazil, Mexico, China, the “cure”, burning the shorts?
Anybody still want to defend him? The reverse split will be the final nail.
Reverse split, 20-1 or 25-1? That is the question. Also are the class action lawsuits starting? China will not save this POS. Ji will squeeze what he can then it’s over, he can drain the rest of Scilex too. Nothing here for shareholders.
Sub penny until the great reverse split happens.
Unfortunately there are a lot of nobody’s. Including the nobody’s that want to buy this soon to be penny stock.
Nice post, agree. Nobody will do business with the crafty CEO anymore, him and the BOD all need to go. People on this board need to accept that we were all scammed, and if you think this will be less than a dime soon, then the reverse split, 20, 25-1, you are correct. This POS will not recover.
Nice post, agree. Nobody will do business with the crafty CEO anymore, him and the BOD all need to go. People on this board need to accept that we were all scammed, and if you think this will be less than a dime soon, then the reverse split, 20, 25-1, you are correct. This POS will not recover.
Sorrento made headlines in May of 2020 when founder Dr. Henry Ji claimed that the company discovered a cure to COVID-19, which caused its stock to soar 243% in a single day. This took the company's market cap from millions to well over a billion.
"We want to emphasize there is a cure. There is a solution that works 100 percent," Ji told Fox News, a statement that was refuted by health care experts. "If we have the neutralizing antibody in your body, you don't need the social distancing. You can open up a society without fear."
Have some more koolaid, while you look at that portfolio.
What’s in their portfolio again? Need some fluff soon, we are heading towards a dime….burn them shorts!
What’s in their portfolio again? Need some fluff soon, we are heading towards a dime….burn them shorts!
More scamming from our fearless leader, the great Dr. more diversions as this company continues to sink, and the inevitable reverse split. Unless you want a “pipeline” update and an estimate of the billions this gem is going to make, I would move on.
Hey Doc,
Ed wishes you the best of health this 4th of July weekend!
Yes, it is unfortunate for all that believed the untruth put forth by our CEO. My commissions will be more than my shares are worth, so I guess I keep these until they drop to trips. GLTA.
Our chapter 11 process has caused and may continue to cause our common stock and other securities to decrease in value, and may eventually render our common stock or other securities worthless.
Under the prospectus section. They even underlined it for you.
Really can’t find it? Wake up.
Read last nights news release. Why would I make that up? Like many here, I lost a bunch of money thanks to our fearless leader. But I am labeled a basher for stating the facts.
https://ih.advfn.com/stock-market/USOTC/sorrento-therapeutics-pk-SRNEQ/stock-news/91381982/current-report-filing-8-k:
Read the news release from last night.
From your hero, Dr J,
Our chapter 11 process has caused and may continue to cause our common stock and other securities to decrease in value, and may eventually render our common stock or other securities worthless.
Not sure what you don’t understand. Someone else please tell him.
It won’t. Next will be dropping to pink sheets, class action lawsuits, then the great Dr. will take his million$$ and move on.
Oh, what a surprise, another Friday after hours release…..3 million more shares to dump? The last round of massive dilution before the reverse split. Let’s burn those shorts Doc, oh wait it was a planned bankruptcy filing, I forgot.
How’s that pipeline doing? This will be a nickel by end of May, so load up!
Oh, wait Moderna was going to buy us out, so it may be a dime….
Or the SS Minnow.
7. The stock is under a quarter.
The ship is sinking, the great Dr. is drilling holes in the bottom to let the water out.
Adios.
If I sell my SRNE stock, I may be able to buy a queen size.
The Ji empire is crumbling, give Scilex another couple weeks and it will be the third stock he has drove under $1.00. The class actions are coming Doc.
We need some fluff guys, how about the “pipeline”? What about Covi-Stix? Brazil testing, China phase 7 or whatever they are at? Winning the lawsuit? The cure for cancer? Cmon Doc, you must have something! The multi million dollar campus is gone, where is the Great Ji working at, some tropical island right?
Oh wait, now we can’t dump Scilex for another anther 6 months…
Yes. And I see the great Dr. is doing us well on our “dividend” stock, Scilex, down 50% in the last week. Maybe when we are able to dump this one, it will also be at $ .35. Nice work Doc.
From simplywall.st.com…
“The earnings for companies in the Pharmaceuticals industry have grown 21% per year over the last three years.
Revenues for these companies have grown 13% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.”
I don’t think many “players” like Sorrento claims to be (“we believe we have a cure for covid”), have lost over 90%of its value in the past year. Company is in bankruptcy, and CEO has no credibility on Wall Street. I am not trying to argue, just stating fact. What happened to Celularity? $13 stock, now below a dollar, you don’t think Scilex will be next? Wait until restrictions are removed and mass selling takes place. We were scammed.
It already did. This stock was down 80% BEFORE the bankruptcy, care to comment on that? Anyone?
Do you want to buy some swampland? The great Dr. has been scamming us for years. Wake up.
And the POS stock soared….
SRNE “Q” is done. ATM out of cash. Can’t get a product approved, wasted millions on Covid products, don’t give people here false information. Bankrupt companies don’t come back.