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Over 1.5 Million changing hands before 0715...
News should be breaking any day now...
"First Patient Dosed"...Maybe?
Getting Exciting around here!
I've been asking HR about the Australian Deal
FDA Approves SYMJEP Labeling Update
https://www.accessdata.fda.gov/scripts/cder/daf/index.cfm?event=reportsSearch.process" rel="nofollow" target="_blank" >https://www.accessdata.fda.gov/scripts/cder/daf/index.cfm?event=reportsSearch.process
Link provided to FDA for anyone who wants to see what Roll just posted about.
Hey Roll, wanted to get your opinion.
Seeing as they have 180 days to file and regain NASDAQ compliance...what do you think the likelihood there could be a pending buyout based on ZIMHI approval?
As it seems...ADMP is in no hurry to regain compliance, and the FDA has given the mid-Nov PDUFA for ZIMHI.
So...ZIMHI approval should happen before the NASDAQ drop dead date for compliance.
~anything can happen
Going to be a Beautiful Day at ADMP!
I look for an announcement any day now that first patient is being dosed...PR department said by end of June, so within the next week???
Already over 100K premarket, and steadily climbing!
Best of luck everyone!
Just wondering why we are not holding value and going up?
I’m loving the news releases as of lately, but we really need to file the quarterly, and regain compliance with the SEC & NASDAQ.
I bet institutional holdings will go up significantly once they do.
So many Irons in the fire here…
Expect the TEMPOL Trial to start by EOM.
I had asked PR a few weeks ago when they expected the trial to start as they had stated on the Clinical Trials website it was due to start enrollment in May.
The response I had received was that it would be initiated by end of June as they were expecting to begin this Quarter.
If they were smart about it, and wanted to keep the interest high, I would expect to see an announcement message that the trial will be initiated by EOM. Right now, there are lots of eyes on ADMP, and the milestones need to be reiterated while everyone is watching.
Best of luck everyone!
Wish I would have noticed as I would have doubled my position. Missed a great opportunity to average down. I see lots of people were buying when the stop losses were triggered.
Uggggg...missed opportunities...
So, did they sell the Compounding Business?
Taken from the Notification to file late...
Hopefully get an approval before November this year...then the $26M in milestone payments from Worldmeds will begin.
Getting Volume, ~Keep Climbing ADMP~
Now bring on the news~
Looks like most of the profit taking is over
Volume is increasing and seems to be headed to a good breakout with all the news coming.
resubmission by EOM...Selling of Compounding...First Dosing of Covid Patients...Should be updating about the Australian deal too
Lots of good things coming, and looks like the accumulation is starting.
Nearly 40M in volume?
Wonder what is going on today behind closed doors?
Some must know...
Lots of Irons in the fire....wonder which will be pulled out today?
Best of luck Everyone!
Sorry Bubba, I only gave my best gestimate...
If ELTP would start buying back shares and retire them, I could see the PPS start to recover a little more. But the fact that there are 1.009B shares outstanding makes it a little hard to swallow.
As much as I would hate it, I could see a R/S in the future if they ever want to up-list to a major exchange ($0.055 is a long way off from $1.00). Unfortunately it will burn us longs pretty badly, but again, trying to keep it real.
A serious buy out in the range of .0743-.1982 could be fathomable due the number of outstanding shares (1.009B) and current market cap of only $57.4M
Typically you see the buy outs in round numbers so speculation only:
REALISTIC:
$100M Buy-out = 100M/1.009B ($0.0991 Per share)
$75M Buy-out = 75M/1.009B ($0.0743 Per share)
OPTIMISTIC
$200M Buy-out = 200M/1.009B ($0.1982 per share)
$150M Buy-out = 150M/1.009M ($0.1487 Per share)
UNREAL
$500M Buy-out = 500M/1.009B ($0.4955 per share)
This number would suggest the buy out company would need about 20+ years to make the money back that they spend on this purchase. Not a very business savvy move unless ELTP has a surprise wonder drug coming out that will be the "GAME CHANGER" that some talk about on this board.
Make no mistake...I would gladly eat my words, as I have been hanging onto this one for about 5 years as well; however, I did get to average down a bit when the PPS went down to .05 earlier this year. I seriously considered liquidating my position in February when the PPS hit .08, but held on a little longer for hope, as I need at least a $125M buy-out to cover my losses thus far. Still not where I would like to be, but not bleeding profusely.
Curious, and anyone feel free to jump in?
Why have they not pursued a EU partnership for Symjepi?
They are going after Australia and New Zealand, but no mention of Europe or Asia?
Spelled Investor Incorrectly...
Figured I'd call myself out on it before everyone else did.
NEW INVESTER PRESENTATION
MARCH 2021
And a conference call today: https://finance.yahoo.com/news/adamis-pharmaceuticals-schedules-first-quarter-130010400.html
I would prefer the optimist route...once Q3 revenues are released, this should start headed northward of $1 again. With all the lawsuits finally behind us, and a turn towards cash flow positive, there is no reason not to start turning green.
As it already appears that a possible CRL has been priced in, I cant see this getting much lower, if at all. So if we get approval on the PDFUA on Halloween as planned...or sooner, I see no reason we won’t at least double in one session. That and an agreement with a large up front payment could make this lucrative in no time.
Well...Here’s to Optimism!
You would have to believe that a lot of the selling is from those who bought below $3 or whom took the rights offering at $3. Either way, taking a small profit and moving on. IMO, it really is silly to sell right now without knowing the full details of the commercialization plan. From the last couple months of public information, we already know that ADMP will receive 50% of the deal plus reimbursement from the product that they are making...a pretty damn good deal! Albeit it took over a year to sign said deal...they had been manufacturing and stockpiling product in anticipation of this milestone.
My guess...the full commercialization plan will become public info soon. If nothing else, we will see it in the next 10Q released in Nov. company just raised $40M from the last offering, so they won't need money for a while...lots of milestones coming up and a large payday when the US deal is broken wide open...especially with Mylan struggling to produce. ADMP is in a win-win situation.
Again, IMHO
I'm holding and may add a few more at this $3.35 price. Good luck everyone.
Daily press releases are certainly not necessary, and I would never imply such. Point is, all material events have to be made public. Should something be unfolding that has not been made public, it would be both Un-ethical and illegal. I for one bought in at $2.30 a couple weeks ago, bought more at $2.40 yesterday, and had a third order filled today at $2.30. For me, I'm still in the green at the moment.
You can look at my post history if you like, because I would never bash a stock no matter how much I may lose. I play with stocks mostly as a hobby, and have done pretty well over the years. I have also lost several thousands of dollars too...and it is all my choice in which stocks I choose to invest in.
I post to provoke thought, create insight, and to share my DD, I also solicit the DD of others. EM has been great here, as have been many others. We all want to win...
Best of luck!
IMHO
Dipping more today...is the company using the ATM into the open market?
Or is there some insider information leaking out? Either way, a company statement would make all the difference in the world. If I personally ran a public company, I would want to comfort my shareholders if the stock drops more than say...10-20% in a week. The only reason I wouldn't is if there was an NDA with the FDA on what can be said during this particular moment in time.
Best of luck everyone! Time will tell...EOM is almost here
IMHO
I'm not complaining on the dip today...I added to my position. Just a small one for now, in case it dips further. But the data seems pretty solid. So I wouldn't be surprised at all if it goes back above 2.50-2.60 tomorrow.
Best of luck everyone
IMHO
I personally like the disclaimer at the bottom of the article...LOL
Taking any bets on the next capital raise IN THE COMING WEEKS?
I'm willing to bet it happens to take the issued/outstanding to the newly authorized 100M...then the reverse split to reduce it back to a manageable level again...sucks that the commons are wiped out to finance the business and keep NASDAQ compliance.
Getting ready to average down...uggggggg
Best of luck everyone!
IMHO
I wonder when the 3-month interim results will be released? Or will they wait until the trial is fully over after 6 months?
Thanks for the reply. I've definitely put it on my radar. I may start a small position this week to see what happens. A partnership with up front payments would be nice! Good luck!
IMHO
EM, I read through your DD posted on the sticky...great work.
Was there ever an Adcom meeting for KIT-302?
Thanks in advance.
Bunch of buys at the end of day...are we finally on the brink of something positive?
Honestly, I don't believe any partnership deal will be inked before September when the FDA should give the approval for the child size epi. I'm sure there are suitors as mentioned before, but my guess is that they want both dosages, and not just the one. Since only one is currently approved I doubt the suitor wants to pay what Adamis is asking. So...we wait... just a risk to pay for both without the guarantee.
Biggest problem I see right now is that another cash raise is going to be needed soon. I only wonder what the asking price will be?
IMHO
I'm here with you Sam.
Looking for a buyout sometime in the future...hopefully this year. I've been accumulating under .25 and let a bunch go last week on the run up. Not sure why it dropped so fast? I have most of mine set at $5.25 hoping for that surprise offer from one of the Big Boys.
Best of luck!
IMHO
10K today after hours? Or Monday?
Positive earnings with the latest news will get this ticker moving?
Good luck everyone!
IMHO
Tossil, what ever the magic number is, you must believe that they are worried...hence that last 8K a week ago with severance packages outlined by the top three. If they were not worried, why rush to put out that message BEFORE the end of the voting period? Maybe they noticed something and wanted plausible deniability before the votes were tallied..."we didn't know it was going to fail...all the votes were not in yet".
Just a thought.
Good Luck
IMHO
Rap, have you had any correspondence with IR? I hadn't received a reply in more than a month now? They used to respond to my questions pretty regularly...typically with vague responses, but responded none-the-less. Hope they are spending the time working on that 8k they promised us after the vote tally today. Either that or trying to figure out how they will get their severance pay before they claim they are out of cash and auctioning assets?
Either way, it should be an interesting week to say the least...hope izzy gets that spike!
Good luck everyone!
IMHO
I personally am still waiting for this fuse to be lit?
Seems to be doused in water and stuck in a vacuum?
Anyway, I did my vote today...1.4M NO VOTES to both.
Took a while to get it in the mail and then had instructions to complete via online proxy. Seemed like a lot of material to mail out just to have an option to complete in 2 minutes from the computer.
Nothing in the PR is Bad news, not saying it is great news, but it is in fact moving in the right direction. Shareholders and IHUB posters will continue to demand more transparency from the company, and IMHO the company has been transparent in putting the information on PR's and financial statements...
Look for the Annual to be out by the end of month. I am sure there will be language towards where the J&J case is standing. We already know that the case was delayed a few times, and J&J has had many opportunities to deliver their side of which if they had something substantial, DECN would have received a Cease and Desist order...This has not happened, so it leads me to believe that DECN truly has a case of their own against J&J for liable and/or interference with a smaller business. Fact is Big Companies such as J&J have "The Inside" with FDA and many government companies because they have been around for a long time and because they make billions in revenue and may "Take care" of employees that may be making job transitions.
Take it for what it is worth, but if DECN does in fact get through the IRB Independent Review Board required testing and gets their 510K application approved by the FDA, market will be open here in the US where Millions will be made. Which does open the door for their other products as well.
Just my two cents, but I will be holding at least through 2018 to see what happens.
Best of Luck everyone!
IMHO
Copy...
thanks for the quick reply. I'll keep an eye on it for next week.
IMHO
Are you clear on all the details of the merger?
It is a little hard to decipher...although the current SP looks good(for a buy in), I am somewhat concerned that the 10:1 merger agreement may not be that great of a deal? What does the merger provide that would cause an increase in value other than awaiting the results of the AM-101 phase III?
I want to buy in, but think I may wait till after the 12th once the merger is complete.
Thanks in advance.
IMHO