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I have 'scam' concerns with every stock, not just pinksheets. The miniscule volume dictates 'small-position-only' so I worry less lol.
I dug a little deeper and can't believe they've been flat out lying for several years? To what end? There's still no volume...
All Data Chart
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=aatv&insttype=&freq=2&show=&time=20
AATV - added just a handful at .26...
Utilizing technology developed by the Company over a period exceeding three decades, the Company is already a leading turnkey technology-based provider of CATV ad insertion equipment and ad-sales to small cable television operators.
The Company is also an independent provider of DMA (Designated Market Area) based Cable TV advertising sales and commercial delivery in the United States. Furthermore, the Company is actively creating many un-wired markets, particularly in University Campuses and Multi-Dwelling-Units (MDU’s).
The Company’s main objective is to 1) create “advertising avails” inventory on all major CATV networks across the country where previously there was no inventory, and 2) provide reliable and high quality representation for the newly-created advertising inventory. In conducting its business, the Company also provides media solutions for local, regional and national advertisers by inserting advertising into major CATV networks such as ESPN, MTV, DISCOVERY, CNN, LIFETIME, A&E, FOX NEWS, TNT and SPIKE, as well as providing advertising solutions to a large un-served market by utilizing proprietary
technologies.
https://backend.otcmarkets.com/otcapi/company/financial-report/263655/content
SNFCA 8.14 - certainly has the fundy-numbers to bust out above $10 easy...$15, $20.
I think those on the too-boring-fence are missing the factual spectacular numbers that are not any part of SNFCA's past performance.
so we watch
yes, continue nursing...
AATV .38 - CEO J. Michael Heil states: "As we reported last quarter, even though some analysts had expected a more significant negative impact on our financial performance in 2020 due to the lack of consumer confidence during the ongoing pandemic, we were able to respond effectively to difficult market conditions. We accelerated the installation of new systems, expanded our existing network, and maintained the scheduled deployment of our ad insertions. Earlier this year, we had projected a 20% sales increase from the second quarter, but we were able to outperform this goal with a sales increase of almost 200 percent from the prior quarter. Even more significantly, we succeeded in producing the best quarter of our entire history. Our team has done a remarkable job of working through various challenging issues and delivered historic company performance, while at the same time continuing to expand our existing digital ad Insertion network and develop new technologies and services to lead the Company into the future."
AATV - "cap-heavy" meaning Market Cap is a bit high imo at close to $20M. The more I read, the more I like this one.
I recently dumped my cable-box-channels to go 100% smart-tv. The major annoyance on these free movie channel services is that one is forced to watch the commercial advertisements...no more zapping commercials on previously recorded programs. The tradeoff is one can get the movie ANYTIME as opposed to waiting to record it and it ain't so bad...some of the ads are entertaining.
Looks like this is what AATV does...and it should be a most lucrative enterprise going forward?
AATV .38 - took a starter. A bit cap-heavy but very impressive numbers for an obscure stock like this.
https://backend.otcmarkets.com/otcapi/company/financial-report/263655/content
Endpoints News ranks all 41 players in the Covid-19 vaccine race. Here's how it stacks up today
https://endpts.com/28-players-are-in-or-about-to-jump-in-to-the-race-to-a-global-multibillion-dollar-market-for-a-covid-19-vaccine-heres-how-they-rank-so-far/
Three board favs, APT - BGFV - SNFCA, in comparison:
APT
PPS: 12.45
EPS: 1.41 (9 Months)
BGFV
PPS: 8.30
EPS: 1.63 (9 months)
SNFCA
PPS: 7.76
EPS: 2.68 (9 months)
what's the old adage - 'keep the mathematics simple, stupid'
APT 12.89 - "Any news of expedited timeline for APT to open up that Phase 2 expansion would likely be greeted by a big jump in s/price."
They addressed this in pr (albeit cryptically):
Based on current and anticipated investment in additional equipment and human capital, management currently expects face mask production capacity of $100 million in 2021 (including the increased production capacity from the previously reported phase 2 expansion).
Back in spring, management employed a true giddiness to their pr...now they seem bored and purposely vague? Another blaring potential negative, and a bit similar to TOMZ, the competition must be growing fierce? Can it be that difficult to manufacture a paper-mask?
Still watching, but losing interest...
SNFCA 7.55 - added premarket this morning on Q3 update pr:
Scott M. Quist, President of the Company, said...I believe our third quarter is the best operational third quarter ever for each of our business segments. Those are spectacular results that have been delivered in difficult circumstances...
...Book value per common share was $13.53 as of September 30, 2020, compared to $10.86 as of December 31, 2019.
https://ih.advfn.com/stock-market/NASDAQ/security-national-financ-SNFCA/stock-news/83691119/security-national-financial-corporation-reports-fi
Unbelievable how the herd seems to be staring off into space here with such simple math?
SNFCA - 7.74:
Q2 - 118M REV/1.07 EPS
Q3 - 146M REV/1.51 EPS
Q4 - ?
wade, both of our crystalballs are strictly conjecture at this point but who's to say SNFCA's newly established mathematical trend is not sustainable? I certainly DO NOT see the current corona-kookout-neurosis easing up whatsoever...
I'm on the 'stocktwits' daily email list...it's actually entertaining without any overabundance of hype imo. How would one contact 'stocktwits' to make them aware of SNFCA's stellar numbers?
I think a little of that 'wade-seeing-ghosts-behind-every-bush' is possibly wearing a bit on all of us...lol
SNFCA $7.78 pps
EPS $2.68 at 9 months.
BV $13.00
If my ship sinks owning stock-numbers like this...well...
SNFCA 7.78 - 1.51 quarterly eps (WOW) likely isn't sustainable but the yearly earnings of the past here are solid, year after year...
https://www.nasdaq.com/market-activity/stocks/snfca/revenue-eps
SNFCA 7.78 - adding afterhours on Q3 updates:
Three Months Ended September 30, 2020 Compared to Three Months Ended September 30, 2019
Total revenues increased by $70,825,000, or 94.0%, to $146,205,000 for the three months ended September 30, 2020, from $75,380,000 for the comparable period in 2019. Contributing to this increase in total revenues was a $58,824,000 increase in mortgage fee income, a $4,231,000 increase in net investment income, a $3,934,000 increase in insurance premiums and other considerations, a $1,845,000 increase in net mortuary and cemetery sales, a $1,320,000 increase in gains on investments and other assets, and a $671,000 increase in other revenues...
ARPO 1.54 - up on strong early volume. Anyone see any news?
As animated as our "wade" is at times, once in awhile he can hit it out the park:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159441587
I agree 100% with his thinking here. Back to only holding covid-related-biotechs and reducing those positions in any strength...
BGFV 8.35 - exited entire position. As covid cases mount, worldwide, the risk grows here that Gubna Gavin will kookout even moreso into shutting down the entire State of California?
TOMZ 4.85 - I also think the competition is much fiercer than anyone here on ihub discusses suggesting these less than stellar numbers could get worse in the coming months...
Any opinion on today's Q3-Filing updates. Don't find many stocks with a covid-therapeutic-Phase-3 right around the corner, $3 in cash, and trading $3.60 pps?
"revenue" post? NBIO has no revenue.
Looks like a no-brainer-buy here at below-$4-pps heading into the Q3-Filing updates expected to be released any minute now...
ARPO 1.25 - adding on the Q3 filing updates. $1 Book/(.12) Burn - Two partially funded covid therapeutic trials and a Phase 2 in glaucoma:
On August 4th, we announced a second randomized, double-blind Phase 2 clinical trial in patients with moderate-to-severe COVID-19 (“RESCUE” trial). The RESCUE trial is being supported by the U.S. Government operating through the Medical Technology Enterprise Consortium (MTEC). MTEC is a 501(c)3 non-profit organization constructed by the U.S. Army Medical Research and Development Command (USAMRDC). The RESCUE trial is a stand-alone trial managed by Aerpio designed to evaluate patients with moderate-to-severe COVID-19 prior to initiating high flow oxygen or ventilator support. Endpoints will include proportion of subjects alive and respiratory failure-free at Day 28; length of hospitalization from baseline to Day 7; and baseline to Day 28, or death. On October 26th, Aerpio announced that it had dosed its first patient in this clinical trial. For more details about this clinical trial, please click here.
On September 1st, Aerpio and Quantum Leap Healthcare Initiative announced dosing of the first razuprotafib patient in the I-SPY COVID Trial (Investigation of Serial Studies to Predict Your COVID Therapeutic Response with biomarker Integration and Adaptive Learning) to evaluate razuprotafib for the treatment of COVID-19-related ARDS in adult patients with critical COVID-19 (requiring high flow oxygen or ventilator support). The I-SPY COVID Trial is a “platform study” currently planned to evaluate four drug candidates. The goal of the study is to identify agents with the potential to result in substantial improvements to the clinical condition of participants with critical COVID-19. The study is designed to include critical COVID-19 patients who are already intubated or receiving high flow oxygen. For more details about the I-SPY COVID Trial, please click here.
On September 15th, we announced that we have completed enrollment in the 28-day double-blind, placebo-controlled Phase 2 trial of razuprotafib in elevated intraocular pressure associated with open angle glaucoma (OAG) or ocular hypertension (OHT). The Phase 2 trial is evaluating adjunctive therapy of 40 mg /ml of razuprotafib, administered once, or twice-daily on top of a baseline of latanoprost ophthalmic solution 0.005%. The study enrolled a total of 194 patients.
Our partner Gossamer Bio (Nasdaq: GOSS) indicated that it has initiated its Phase 2 trial of GB004 in ulcerative colitis (NCT04556383). GB004 is an oral, gut-targeted HIF-1 alpha stabilizer that has been shown to improve disease indices in multiple models of inflammatory bowel disease. We out-licensed GB004 to Gossamer through an agreement under which we are eligible for up to a total of $90.0 million in milestone payments related to regulatory approvals and commercial sales. In addition, we are also eligible to receive tiered royalties on sales of licensed products at percentages ranging from the low to mid-single digits as well as 20% of proceeds from any transaction that Gossamer completes that includes the GB004 program.
ARPO 1.25 - adding on the Q3 filing updates. $1 Book/(.12) Burn - Two partially funded covid therapeutic trials and a Phase 2 in glaucoma:
On August 4th, we announced a second randomized, double-blind Phase 2 clinical trial in patients with moderate-to-severe COVID-19 (“RESCUE” trial). The RESCUE trial is being supported by the U.S. Government operating through the Medical Technology Enterprise Consortium (MTEC). MTEC is a 501(c)3 non-profit organization constructed by the U.S. Army Medical Research and Development Command (USAMRDC). The RESCUE trial is a stand-alone trial managed by Aerpio designed to evaluate patients with moderate-to-severe COVID-19 prior to initiating high flow oxygen or ventilator support. Endpoints will include proportion of subjects alive and respiratory failure-free at Day 28; length of hospitalization from baseline to Day 7; and baseline to Day 28, or death. On October 26th, Aerpio announced that it had dosed its first patient in this clinical trial. For more details about this clinical trial, please click here.
On September 1st, Aerpio and Quantum Leap Healthcare Initiative announced dosing of the first razuprotafib patient in the I-SPY COVID Trial (Investigation of Serial Studies to Predict Your COVID Therapeutic Response with biomarker Integration and Adaptive Learning) to evaluate razuprotafib for the treatment of COVID-19-related ARDS in adult patients with critical COVID-19 (requiring high flow oxygen or ventilator support). The I-SPY COVID Trial is a “platform study” currently planned to evaluate four drug candidates. The goal of the study is to identify agents with the potential to result in substantial improvements to the clinical condition of participants with critical COVID-19. The study is designed to include critical COVID-19 patients who are already intubated or receiving high flow oxygen. For more details about the I-SPY COVID Trial, please click here.
On September 15th, we announced that we have completed enrollment in the 28-day double-blind, placebo-controlled Phase 2 trial of razuprotafib in elevated intraocular pressure associated with open angle glaucoma (OAG) or ocular hypertension (OHT). The Phase 2 trial is evaluating adjunctive therapy of 40 mg /ml of razuprotafib, administered once, or twice-daily on top of a baseline of latanoprost ophthalmic solution 0.005%. The study enrolled a total of 194 patients.
Our partner Gossamer Bio (Nasdaq: GOSS) indicated that it has initiated its Phase 2 trial of GB004 in ulcerative colitis (NCT04556383). GB004 is an oral, gut-targeted HIF-1 alpha stabilizer that has been shown to improve disease indices in multiple models of inflammatory bowel disease. We out-licensed GB004 to Gossamer through an agreement under which we are eligible for up to a total of $90.0 million in milestone payments related to regulatory approvals and commercial sales. In addition, we are also eligible to receive tiered royalties on sales of licensed products at percentages ranging from the low to mid-single digits as well as 20% of proceeds from any transaction that Gossamer completes that includes the GB004 program.
I had to look up that word "excipients" haha, thanks.
Does this new PFE contract affect ABUS?
https://www.croda.com/en-gb/news/2020/11/pfizer-croda
If One Leading Coronavirus Vaccine Works, Thank This Tiny Firm in Rural Austria
Pfizer and BioNTech reliance on Polymun’s product shows the fragility of the vaccine supply chain
At a Polymun laboratory in Klosterneuburg, Austria, the size distribution of lipid nanoparticles is measured. MARYLISE VIGNEAU FOR THE WALL STREET JOURNAL
By Bojan Pancevski
Nov. 6, 2020 7:00 am ET
SHARE
TEXT
VIENNA—A key ingredient in what could be the first U.S.-approved Covid-19 vaccine comes from a family-owned company with 90 employees in the Austrian countryside, underscoring the fragility of the potential treatment’s supply chain.
Polymun Scientific Immunbiologische Forschung GmbH is one of a handful of makers of lipid nanoparticles, microscopic vessels used to deliver genetic material into the body.
For years, this was a niche application, used to deliver new forms of cancer treatment, for instance. Then came the coronavirus pandemic.
Lipid nanoparticles are required in the manufacture of so-called mRNA vaccines, including the one developed by Pfizer Inc. and Germany’s BioNTech SE that is currently being tested in humans and is a front-runner in the global race for a Covid-19 shot.
Lipid nanoparticles produced by Polymun are a key ingredient in vaccines.
PHOTO: MARYLISE VIGNEAU FOR THE WALL STREET JOURNAL
Such vaccines are made of genetic material that needs to be protected by a lipid nanoparticle before it can be injected into patients. This means a product few outside the most advanced fields of medical research had heard about until recently is now in high and urgent demand—similar to other parts of vaccine and virus-testing supply chains, from refrigeration equipment to certain chemicals and medical-grade glass.
In September, Pfizer Chief Executive Albert Bourla and BioNTech counterpart Ugur Sahin used the American company’s executive jet to travel to Polymun’s headquarters in Klosterneuburg, Austria, whose spires and domes overlook the river Danube, and reassure themselves that their partner would meet its production targets, according to representatives of the companies.
The partners expect to submit their jab for authorization in the U.S. and Europe in November and bring it to market before the end of the year, pending successful final-stage clinical trials and authorization. Governments around the world have preordered nearly 500 million doses of the vaccine, meaning delivery would be staggered over many months once the product is approved.
The Critical Coronavirus-Busting Therapies, Explained
YOU MAY ALSO LIKE
UP NEXT
Health experts say having a vaccine is just one front in a two-front battle against COVID-19. The other is effective treatments for those who are already sick with the disease. WSJ breaks down the three most promising types in development. Photo Illustration: Jacob Reynolds/WSJ.
Among the many constraints on producing vast quantities of the vaccine at high speed is Polymun’s limited ability to scale up production.
One reason is that the technology used by the company is both complex and niche, which makes it hard to find qualified staff to handle it and time consuming to train people with adjacent expertise, said Polymun CEO Dietmar Katinger.
“It’s like retraining metal workers to process wood—the principle might appear similar but the shift takes its time,” Mr. Katinger said. “It is a new technology that very few people have been involved with so far.”
A filtration step at a Polymun laboratory used in the development of the company’s product.
PHOTO: MARYLISE VIGNEAU FOR THE WALL STREET JOURNAL
The company, which hires mainly graduates from the region, is so reliant on its scientists’ highly specialized skills that it suffered a minor disturbance recently when three employees applied for parental leave, Mr. Katinger said.
One way Polymun has tried to increase production is by sharing some of its know-how with Pfizer. Polymun employees are now overseeing an effort by the pharmaceutical giant to manufacture the lipid nanoparticles in house. A Pfizer spokesperson said that the process was being set up in Pfizer’s factories both in Europe and the U.S. to secure the supply chain for the vaccine.
“This is a common practice during tech transfer, and highly valuable,” the spokesperson said.
For shipping, Polymun relies on a specialized carrier—another potential bottleneck in the supply chain—that ferries its products in refrigerated trucks to the Pfizer factory in Puur, Belgium, from which finished doses are distributed globally.
Prof. Luigi Battaglia of the University of Turin in Italy said that there has been extensive academic research into lipid nanoparticles but very few companies produce them commercially because gene-based treatments are an emerging field of pharmacology and aren’t yet in widespread use.
With the pandemic abruptly reordering priorities in the medical field, small companies such as Polymun and BioNTech have been thrown into the spotlight.
Founded in 1992 by Mr. Katinger’s father, Polymun has limited direct competition—the other two key companies in the field are Acuitas Therapeutics in Canada and Avanti Polar Lipids Inc. in the U.S. Because of that, Polymun now works for several companies and institutions developing Covid-19 jabs, including U.S. firm Arcturus Therapeutics Inc., Germany’s CureVac AG and Imperial College London.
Polymun’s head of liposome technology, Andreas Wagner, left, and CEO Dietmar Katinger on the roof terrace of the company building.
PHOTO: MARYLISE VIGNEAU FOR THE WALL STREET JOURNAL
U.S.-based Moderna Inc., which is also developing an mRNA vaccine, is producing its lipid nanoparticles in-house.
“Up until recently, the few companies focusing on LNP production could meet the demand of mRNA delivery companies, but the unanticipated high demand for LNP production in the pandemic is very likely to delay some companies, and put them in the queue,” said Nenad Svrzikapa, a researcher with the University of Oxford specializing in oligonucleotide therapeutics, which include mRNA platforms.
Hermann Katinger, Polymun’s 80-year-old founder, stepped down as CEO in 2009, handing the reins to his son. Both have refused to sell or go public and only very few employees have ever left after joining, Mr. Katinger said.
Andreas Wagner, who has been the company’s chief scientist since 2001, developed what would become one of its key manufacturing processes for his doctoral dissertation, a project that was itself funded by Polymun.
But Mr. Katinger doesn’t see the company’s diminutive stature and tightknit team as weaknesses. On the contrary: The choir singer who wears Birkenstocks at work says Polymun’s scale and cohesive staff make it innovative and unbureaucratic—both valuable traits in a pandemic that is stress testing swaths of the medical and pharmaceutical fields.
“In the pandemic the requirements are ideas and innovation,” he said.
—Jared Hopkins contributed to this article.
Write to Bojan Pancevski at bojan.pancevski@wsj.com
https://www.wsj.com/articles/if-one-leading-coronavirus-vaccine-works-thank-this-tiny-firm-in-rural-austria-11604664001
If One Leading Coronavirus Vaccine Works, Thank This Tiny Firm in Rural Austria
Pfizer and BioNTech reliance on Polymun’s product shows the fragility of the vaccine supply chain
At a Polymun laboratory in Klosterneuburg, Austria, the size distribution of lipid nanoparticles is measured. MARYLISE VIGNEAU FOR THE WALL STREET JOURNAL
By Bojan Pancevski
Nov. 6, 2020 7:00 am ET
SHARE
TEXT
VIENNA—A key ingredient in what could be the first U.S.-approved Covid-19 vaccine comes from a family-owned company with 90 employees in the Austrian countryside, underscoring the fragility of the potential treatment’s supply chain.
Polymun Scientific Immunbiologische Forschung GmbH is one of a handful of makers of lipid nanoparticles, microscopic vessels used to deliver genetic material into the body.
For years, this was a niche application, used to deliver new forms of cancer treatment, for instance. Then came the coronavirus pandemic.
Lipid nanoparticles are required in the manufacture of so-called mRNA vaccines, including the one developed by Pfizer Inc. and Germany’s BioNTech SE that is currently being tested in humans and is a front-runner in the global race for a Covid-19 shot.
Lipid nanoparticles produced by Polymun are a key ingredient in vaccines.
PHOTO: MARYLISE VIGNEAU FOR THE WALL STREET JOURNAL
Such vaccines are made of genetic material that needs to be protected by a lipid nanoparticle before it can be injected into patients. This means a product few outside the most advanced fields of medical research had heard about until recently is now in high and urgent demand—similar to other parts of vaccine and virus-testing supply chains, from refrigeration equipment to certain chemicals and medical-grade glass.
In September, Pfizer Chief Executive Albert Bourla and BioNTech counterpart Ugur Sahin used the American company’s executive jet to travel to Polymun’s headquarters in Klosterneuburg, Austria, whose spires and domes overlook the river Danube, and reassure themselves that their partner would meet its production targets, according to representatives of the companies.
The partners expect to submit their jab for authorization in the U.S. and Europe in November and bring it to market before the end of the year, pending successful final-stage clinical trials and authorization. Governments around the world have preordered nearly 500 million doses of the vaccine, meaning delivery would be staggered over many months once the product is approved.
The Critical Coronavirus-Busting Therapies, Explained
YOU MAY ALSO LIKE
UP NEXT
Health experts say having a vaccine is just one front in a two-front battle against COVID-19. The other is effective treatments for those who are already sick with the disease. WSJ breaks down the three most promising types in development. Photo Illustration: Jacob Reynolds/WSJ.
Among the many constraints on producing vast quantities of the vaccine at high speed is Polymun’s limited ability to scale up production.
One reason is that the technology used by the company is both complex and niche, which makes it hard to find qualified staff to handle it and time consuming to train people with adjacent expertise, said Polymun CEO Dietmar Katinger.
“It’s like retraining metal workers to process wood—the principle might appear similar but the shift takes its time,” Mr. Katinger said. “It is a new technology that very few people have been involved with so far.”
A filtration step at a Polymun laboratory used in the development of the company’s product.
PHOTO: MARYLISE VIGNEAU FOR THE WALL STREET JOURNAL
The company, which hires mainly graduates from the region, is so reliant on its scientists’ highly specialized skills that it suffered a minor disturbance recently when three employees applied for parental leave, Mr. Katinger said.
One way Polymun has tried to increase production is by sharing some of its know-how with Pfizer. Polymun employees are now overseeing an effort by the pharmaceutical giant to manufacture the lipid nanoparticles in house. A Pfizer spokesperson said that the process was being set up in Pfizer’s factories both in Europe and the U.S. to secure the supply chain for the vaccine.
“This is a common practice during tech transfer, and highly valuable,” the spokesperson said.
For shipping, Polymun relies on a specialized carrier—another potential bottleneck in the supply chain—that ferries its products in refrigerated trucks to the Pfizer factory in Puur, Belgium, from which finished doses are distributed globally.
Prof. Luigi Battaglia of the University of Turin in Italy said that there has been extensive academic research into lipid nanoparticles but very few companies produce them commercially because gene-based treatments are an emerging field of pharmacology and aren’t yet in widespread use.
With the pandemic abruptly reordering priorities in the medical field, small companies such as Polymun and BioNTech have been thrown into the spotlight.
Founded in 1992 by Mr. Katinger’s father, Polymun has limited direct competition—the other two key companies in the field are Acuitas Therapeutics in Canada and Avanti Polar Lipids Inc. in the U.S. Because of that, Polymun now works for several companies and institutions developing Covid-19 jabs, including U.S. firm Arcturus Therapeutics Inc., Germany’s CureVac AG and Imperial College London.
Polymun’s head of liposome technology, Andreas Wagner, left, and CEO Dietmar Katinger on the roof terrace of the company building.
PHOTO: MARYLISE VIGNEAU FOR THE WALL STREET JOURNAL
U.S.-based Moderna Inc., which is also developing an mRNA vaccine, is producing its lipid nanoparticles in-house.
“Up until recently, the few companies focusing on LNP production could meet the demand of mRNA delivery companies, but the unanticipated high demand for LNP production in the pandemic is very likely to delay some companies, and put them in the queue,” said Nenad Svrzikapa, a researcher with the University of Oxford specializing in oligonucleotide therapeutics, which include mRNA platforms.
Hermann Katinger, Polymun’s 80-year-old founder, stepped down as CEO in 2009, handing the reins to his son. Both have refused to sell or go public and only very few employees have ever left after joining, Mr. Katinger said.
Andreas Wagner, who has been the company’s chief scientist since 2001, developed what would become one of its key manufacturing processes for his doctoral dissertation, a project that was itself funded by Polymun.
But Mr. Katinger doesn’t see the company’s diminutive stature and tightknit team as weaknesses. On the contrary: The choir singer who wears Birkenstocks at work says Polymun’s scale and cohesive staff make it innovative and unbureaucratic—both valuable traits in a pandemic that is stress testing swaths of the medical and pharmaceutical fields.
“In the pandemic the requirements are ideas and innovation,” he said.
—Jared Hopkins contributed to this article.
Write to Bojan Pancevski at bojan.pancevski@wsj.com
https://www.wsj.com/articles/if-one-leading-coronavirus-vaccine-works-thank-this-tiny-firm-in-rural-austria-11604664001
ITEM 8.01 OTHER EVENTS
On October 30, 2020, the Company signed a term sheet with Alpha Holdings, Inc (Alpha) whereby Alpha, subject to a definitive agreement agreeable to both parties will invest US $ 5,000,000 in the Company. The term sheet outlines the terms of the agreement with a projected closure by December 31, 2020 for an initial investment of $2,500,000 and an additional investment of $2,500,000 on about April 30, 2021. The investment will be in the Company’s common stock to be priced at a low of six cents per share and a high of 10 cents per share subject o a 90 day weighted average pricing before closing. Upon completion of the $5,000,000 investment Alpha may elect a majority of the board of directors of the Company.
https://www.otcmarkets.com/filing/html?id=14478596&guid=kn5eUKuJUT_Wdth
ASMB 5.15 - trading down to cash level...took a first position.
The investment will be in the Company’s common stock to be priced at a low of six cents per share...
I've raised my bid to pick at these lingering .06 shares. What goes unsaid here is that there should be no further need to pay suppliers-et-al in shares thereby completely turning around those same suppliers-et-al from being sellers of stock into potential buyers of stock...n'est ce pas?
Best financial news this little startup-biotech has ever had, by far, and continues trading at alltime lows?
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=nbio&insttype=&freq=2&show=&time=20
Quite the disconnect...
It's a formal 8-K filing...wonder if they'll follow-up with a pr? Either way we can expect a more complete update as the Q2 filing comes due on 11/15...expecting it sooner, anyday now...
NBIO .06 - ITEM 8.01 OTHER EVENTS
On October 30, 2020, the Company signed a term sheet with Alpha Holdings, Inc (Alpha) whereby Alpha, subject to a definitive agreement agreeable to both parties will invest US $ 5,000,000 in the Company. The term sheet outlines the terms of the agreement with a projected closure by December 31, 2020 for an initial investment of $2,500,000 and an additional investment of $2,500,000 on about April 30, 2021. The investment will be in the Company’s common stock to be priced at a low of six cents per share and a high of 10 cents per share subject o a 90 day weighted average pricing before closing. Upon completion of the $5,000,000 investment Alpha may elect a majority of the board of directors of the Company.
https://www.otcmarkets.com/filing/html?id=14478596&guid=kn5eUKuJUT_Wdth
NBIO .06 - ITEM 8.01 OTHER EVENTS
On October 30, 2020, the Company signed a term sheet with Alpha Holdings, Inc (Alpha) whereby Alpha, subject to a definitive agreement agreeable to both parties will invest US $ 5,000,000 in the Company. The term sheet outlines the terms of the agreement with a projected closure by December 31, 2020 for an initial investment of $2,500,000 and an additional investment of $2,500,000 on about April 30, 2021. The investment will be in the Company’s common stock to be priced at a low of six cents per share and a high of 10 cents per share subject o a 90 day weighted average pricing before closing. Upon completion of the $5,000,000 investment Alpha may elect a majority of the board of directors of the Company.
https://www.otcmarkets.com/filing/html?id=14478596&guid=kn5eUKuJUT_Wdth
NBIO .06 - ITEM 8.01 OTHER EVENTS
On October 30, 2020, the Company signed a term sheet with Alpha Holdings, Inc (Alpha) whereby Alpha, subject to a definitive agreement agreeable to both parties will invest US $ 5,000,000 in the Company. The term sheet outlines the terms of the agreement with a projected closure by December 31, 2020 for an initial investment of $2,500,000 and an additional investment of $2,500,000 on about April 30, 2021. The investment will be in the Company’s common stock to be priced at a low of six cents per share and a high of 10 cents per share subject o a 90 day weighted average pricing before closing. Upon completion of the $5,000,000 investment Alpha may elect a majority of the board of directors of the Company.
https://www.otcmarkets.com/filing/html?id=14478596&guid=kn5eUKuJUT_Wdth
BGFV 7.34 - I would imagine a good number of shorts closed out when stock was driven down to low $6s on day after earnings
Wouldn't a downspike be indicative of more shorting? Dumbfounding how since the preliminary earnings announcement on 7/9/20 and subsequent fundamentally deserved pps tear from $2's to $7's, the short interest has remained mostly at the same ludicrous high number:
https://www.nasdaq.com/market-activity/stocks/bgfv/short-interest
...when logic and proportion have fallen sloppy dead...
Bottom line is, without the super low S,G,&A, the stock would be in the $2-$3 area.
a bit cheesy (even if this was all in your sub-conscious), but you gotta get an A+ for your effort...sheesh
REGN setback...
https://endpts.com/in-a-second-big-setback-for-covid-19-antibody-treatment-hopes-regeneron-halts-enrollment-for-more-severe-patients/
https://investor.regeneron.com/news-releases/news-release-details/regn-cov2-independent-data-monitoring-committee-recommends/
A disappointing replication: monoclonal antibodies to #SARSCoV2 don't provide benefit to hospitalized patients w/ moderate-severe illness. The need to treat #COVID19 early or preventativelyhttps://t.co/2Ul2gP1Uj2 like Lilly futility Phase 2 trial decision
— Eric Topol (@EricTopol) October 30, 2020