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.
6.73 x 6.94
It's all over the place and shares are tough to get. I got 400 shares of my 10K order filled at 5.30 and I keep moving my Bid up to get some and it won't fill. I'm at 6.10 now.
NEON is trading now. BID 6.10 x ASK 6.34
18,435 shares so far. Started about 15 minutes ago.
Thanks success,
I hope all is well with you and your family.
I bet those Cub fans are getting a little cocky right about now aren't they? ; )
Good morning success, is NeoReader what they are calling a customized version of Qode? This is the first I have heard of this but I haven't followed NEOM for some time in order to keep my sanity.
TIA
avina
You make some good points but as far as the OS it it way more than 4.3M. That is what it was after their Q1 filing and does not include the shares used to get the 15M in cash. Now those shares could be restricted but it's anyone's guess right now as to what the OS is. I taled to the transfer agent at length and they are a clueless bunch. Didn't even know what I meant when asked about the share structure of the company and was put on hold 4 times to try to get an answer. They are also not located in this country which should tell you something.
I would stay away from this one until they start selling the drug.
The moderator on this board is nothing but a pumper and will delete any post that does not promote this stock. Or at lerast he did when he was trying to sell his stock. My guess is he has moved on after stealing investor money.
max
amateur doesn't even begin to describe this so called "moderator". He is nothing more than a pumper who steers potential investors away from the truth so they can make a sound investment decision.
hardasset
Agreed but I would not take anyone's word that Toucan is not selling or hasn't sold any shares. After all, these type of finance companies do not make long term investments but rather seize any opportunity to make their cash back as quickly as possible.
Will you allow that link to stay if it's not favorable to the company or will you delete it like every other post that you view as negative?
You have to let them go and experience the world on their own at some point. LOL
vort
Be very careful, the number one rule is never fall in love with a stock and it sounds like you are head over heels. LOL
Good Luck
In reading the 10Q for Q1 07 it states "As of April 30, 2007, the total shares of common stock outstanding is 65,241,287". Divide that by 15 and you get ~4.35M outstanding which is where he is getting his numbers.
Depending on when Toucan can and will/did exercise their Preferred and warrants that number will increase almost 6 fold.
"As of April 30, 2007, Toucan Capital beneficially owned an aggregate of approximately 360.7 million shares of our common stock issuable pursuant to conversion of Series A Preferred Stock, Series A-1 Preferred Stock and warrants, representing beneficial ownership of approximately 85% of our outstanding common stock, on an as-converted to common stock basis."
This also does not take into account what has transpired since this filing because the company recently got another large cash infusion and it can only mean more shares from the
OS. Like I said before, Toucan has a stranglehold on this company by owning at least 85% of the OS and can control just about every move this company makes. Especially now they have 2 of the 4 members on the board of directors.
There are only 3 remaining employess now and they don't have the means to manufacture the vaccines themselves or market their products so it will be expensive to manufacture and sell their vaccine. It doesn't mean it can't be done but it means more dilution to get it done.
Good Luck
Sorry, that link did not work
Use this and drill down on the 10K and 10Q.
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?capId=1342115
Intresting reading. This company might have a great product but they are in a world of hurt financially and Toucan is taking advantage of that.
Do your research before investing as Toucan now has two on NWOB's board. Usually a sign that the comany has lost control and they have taken over. Also note that NWBO has only 3 remaining employees and generated 87K in revenue last Q.
Northwest Biotherapeutics Receives $100,000 Loan from Toucan Partners, L.L.C
05/3/2007
Northwest Biotherapeutics Inc. announced that it received a $100,000 loan from Toucan Partners, L.L.C. ('Toucan Partners'). The $100,000 was immediately disbursed to pay a creditor of the Company, Cognate BioServices Inc. a company in which Toucan Capital Fund II, L.P. ('Toucan Capital') has a majority interest.
This smells of death spiral financing. Toucan PArtners loaned NWBO money to pay a loan off with Cognate Bioservices, a company which Toucan has a majority interest.
As of March 5, 2007, Toucan Capital and Toucan Partners collectively have beneficial ownership of approximately 396.8 million shares of our capital stock, representing a beneficial ownership of approximately 86% of our outstanding common stock on an as converted-to-common stock basis. Such amounts exclude the effects of the amendments to the Toucan Partners convertible promissory notes in an aggregate principal amount of $950,000. The amounts also exclude any shares issuable to Toucan Partners pursuant to the 2007 Convertible Notes and 2007 Warrants as these are not currently convertible or exercisable for a determinable number of shares. Toucan Capital and Toucan Partners each has a right of first refusal to participate in our future issuances of debt or equity securities. For additional information concerning Toucan Capital, Toucan Partners, and our recapitalization, see the section of this report entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”
Found this interesting link
http://www.secform4.com/insider-trading/1289580.htm
gwikley
Yahoo financials are usually wrong, especially with a company that trades on the OTCC. Searching through the SEC documents it looks like Toucan Capital has a stranglehold on the company. It also appears they own at lest 85% of the companies shares and most likely have and will continue to dump into this news. Based on the recent influx of cash I think there are way more shares post split than 5M.
Does anyone have a link to some real share data?
TIA
avina
Can you point me to where you are getting the outstanding share count? I cannot find any documents that show the number of shares.
TIA
Question
Sorry for the question as it is probably common knowledge for those that are in the loop but does Neomedia have a relationship with cellfire?
TIA
humble
In my opinion ETrade is much better than TDAmeritrade. I had Ameritrade before TD merged with them so maybe they have gotten better but I have heard from others recently that don't like them. It sounds like you like them so now I know someone who likes them!
rayu
plus .5% of principle? Wow, that is not a place to trade penny stocks. ETrade is 9.99 for unlimited shares, penny or not.
Speaking of penny stocks, I was working on Sch D last night for my 06 taxes and use the Turbo Tax online version. They have a limit of 10K shares in the shares bought box. I traded a penny stock where I had 1-2 million share trades so it wasn't even close. Not to mention all of the Neomedia stock I traded last year. I was on hold for 1.5 hours and Habib could not explain why but only the desktop version would allow shares of more than 10K. So then I had to download the desktop version which took 30 minutes and then another 15 to transfer everything. Over 2 hours on the phone with them last night. I should have just done it all by hand but I am a paperless person and prefer everything electronically.
A little frustrating but the Jack Daniels helped get me through it. LOL
beacs
I'm not sure I understand what you are saying. Naked shorting IS illegal. Naked shorting is shorting without having the stock in the brokers account who took the short order. Although thinking this through, wouldn't ETrade as the settling broker have to have the shares to borrow in order to take the short order? Hmmmmmmmm The plot thickens.
Until tomorrow....same Bat time...same Bat channel
Don
ETrade would not take an after hours trade on an OTC I don't believe.
Although they should and place it in the queue for the open tomorrow. By the way, don't call the 800 ETrade1 number. Instead, use (800) 838-0908 and make sure your online password is set up to make broker assisted trades.
Good Luck!
sauce
Stocks aren't prevented from online trading for "no reason" as you seem to believe based on your comment. I think it is a relevant discussion to have to find out why it is happening. Your issue with Scottrade may or may not be related since it appears you can do it once again on Scottrade. ETrade has added NEOM to their Hard Stop List. When I inquired what that list meant to ETrade I was told it was a list of securities they wanted to watch because there was the possibility of fraudulent activity and they wanted to monitor the stock more closely. I like to know these things about my investments. If you don't then please ingore posts on this subject and move on. There have been only a handfull of posts on the subject so I'm not sure why this discussion bothers you.
A great day to you as well.
SRM
What type of Shenanigans are you referring to? I would think ETrade would be on the up and up considering they would not want the SEC to take their license away.
I'm not saying you are wrong but wondered what you were thinking.
Thanks
goomba
Were you told the same thing for the reason it was being done with MOBL?
ETrade scoop
They have placed NEOM on a Hard Stop list because they suspect fraudulent activity such as naked shorting. This allows them to monitor trades more closely and I think this is a positive for shareholders. Maybe this is why we haven't fallen back after our little run up, who knows? Granted this is only ETrade and possibly a few other brokers but hopefully others will follow suit and place this restriction on trading.
They said you can trade it with a broker and they waive the broker fee so the only real issue is being able to move quickly in and out of the stock. I don't see this as temporary and will only change when NEOM is over $1 and no longer a penny stock in my opinion.
Good Luck!
jonesie
Agreed. I also use ETrade and can't trade it online. This is a bit of a concern to me as this might be a sign ETrade has flagged it as too high of a risk for clients. Usually this type of situation though is reserved for Pinksheet stocks so it may not be the case for NEOM. I am on hold with ETrade now and will report back.
You have an email from me at your bellsouth email.
para
I could try to throw it on the garbage heap as you say but the heap is too full of your posts I have already thrown there. What a worthless waste of time it is to read your garbage.
Later......much
OT:Jonesie
Why don't you head over to Mardi Gras or the club that the Barbi Bandits "worked" at and click on a few things. That would be fun.
LOL Lumberjack
Pumping a pinkie these days I see.
Priceless.
OT:Yeah
I watch about 30 stocks and EVERY one is red except for one! We will get our day soon I think.
OT: #11 Baby!
Success
That was when he posted under another alias. He got confused which one he was posting under. LOL
Mike
It might be huge IN CANADA but the number of viewers of those sports compared with the number of viewers with the US big sports is no comparison. Tennis is not one of our big sports so maybe that is where you are coming from, not sure. And to tell you the truth ALL of the Canadians I have net here in the US are very eco-centric about their home country. Almost to a fault. I always thought, if they are so proud of their country then why did they leave it? Maybe you can answer that one for me.
Wow bo
that was mighty cynical of you. LOL
Gladly, you are wrong.
Let me know if there's anything else you need me to do. LOL
OT: Wow neom2006
you have gone off the deep end.
See ya.
OT:breacher
agreed
neom
You can't be serious with that comment, are you?
Just take a look at the recent firing of Robert L. Nardelli, the CEO of Home Depot. He was forced to resign (fired) and got a huge severance package.