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Thanks for the response. The word "sold" was never mentioned and I wasn't aware of any pending litigation involving the patents by EDIG or PN. I wouldn't deem any source as the "gospel" until seeing some sort of legal or transfer document, or "Bill of Sale" in this case.
If it turns out to be factual, then you are correct in that EDIG would have literally nothing of value but it is generally accepted by many SH's that PN is in fact EDIG. The company is just sitting there if anyone's willing and able to pick it up and run with it.
All IMO. GLTA & EDIG.
Question for the board. If PN were to be personally awarded EDIG's patients by the court, how would this affect the company and it's pps going forward? Wouldn't that leave PN to do with them as he pleases without regard to EDIG? I'm only asking because, I got round about word that he was awarded them although I haven't seen or heard anything "officially" in this regard and PN has not indicated any such development in his most recent tweets. Maybe Guido knows. Nothing from the "Islanders" either. Just thought somebody else might have heard this and can provide a link or other official confirmation or just their thoughts and opinions. TIA.
GLTA & EDIG!
Fred's money or EDIG's? I heard there was money stashed in a secret account somewhere in South Korea by Samsung. Probably just another rumor? Could have been hacked by Kim Jung Un which would explain where all the money came from for his nuclear weapons program. ;p
And NO WAY does SOON "shelve" the NDA/Aldox, leaving NOTHING for CYTR, as some have stated elsewhere. SOON didn't buy Aldox, he licensed it with the responsibility of commercialization. Only if Aldox is denied FDA approval would it be "shelved", which I feel is highly unlikely given trial results with an already approved SOC drug. SOON may delay either for justifiable reasons but that's about it. I'm sure SK remains in the loop and is fully aware of where everything stands at any given time. SOON we will know as well, or at least more than we do now. ;p
All IMO. GN, GLTA and CYTR!
While everyone knows the R/S passed by a large majority, many still wonder how or why? Short of a fraudulent vote tally, there had to be AT LEAST ONE GOOD REASON in order for SK to acquire such a majority. UNLESS SK just flat out LIED to those SH's that changed their votes, "Tutes" included, The pending lawsuit may bring some of this to light if it ever gets that far. SK has a way of working out of these legal tangles one way or the other. This time may be his best "act" yet! Time will tell. GLTA/CYTR!
Still holding out for that magical and mystical PR SOON. I added a few more shares today below $1.70. Money seems to burn a hole in my pocket so it goes out one hole into another, so to speak. Supporting the .20's now. Gotta trust SK to know where the bottom is. BIG questions are, where's the top and how SOON can we get there? GLTA & CYTR!
LOL! They'll probably be back just before CYTR "lifts off". If ABBA shows up, it will be time to WIN SOME! BELIEVE THAT!! :p
Here's a "toss-up". There's been millions of shares sold since the R/S passed and CYTR has continued to downtrend. I'm pretty sure where a lot the shares came from and pretty sure where a lot of them went. The question being, is one likely the other, or as they say, one and the same? Warrant holders? Tutes? Too much vol for retail SH alone, and a lot of "yes" vote potential. May be another SK backroom deal, but does the end justify the means? Time will tell.
All IMO! GLTA & CYTR
Tek was a poster here that was pretty good connecting "dots". I sure would like to see what he's thinking about CYTR now. I'm still trying to figure out how the R/S passed besides SK telling select SH's that if they voted yes and held their shares, "they'd be rewarded" or something to that effect. He legally couldn't have revealed any material info not disclosed to the public. Everybody knows this. IF SO, it can only be because it won't matter at some point, just like other matters that won't matter at that point, if you know what I mean. Yep, miss ole Tek, n3 and some of the others. I know they're out there, and probably hold CYTR shares. lol!
GLTA & CYTR!
I feel some sort of SK PR SOON if not b4 EOY. All in CYTR for the most part, so guess I gotta trust SK to look after OUR best interests! GLTA/CYTR!
Wins by "default" in my portfolio. May be buying more shares tomorrow given "awards" are now in the "books". Time to move back up now that SK/BOD got their "Freebies".
GLTA & CYTR!
Hope everyone is having a good weekend. I've been taking time off while waiting patiently waiting for SK to get things going. CYTR's December update was a good review. Here it is in case you missed it.
https://cytrxcorporation.gcs-web.com/static-files/a9f7c22f-2687-401b-be02-7f9595051608
Impressive but still lacking "some" expectations for 2017 which will remain a mystery until further notice, likely early 2018. Funding will certainly be an issue unless milestones are achieved SOONER. No doubt SK has it all planned out and we are, "only pawn in chess game of life", per Mongo . LOL!
I picked up shares at $1.80 and $1.68 last week to add to my pile. May see lower pps before news. But with SK in charge, you never know, so buy or sell as you are so inclined, unless you're an "insider", then you "know" what to do. lol! I'm accumulating as funds allow, and will hold em until better times next year or whenever SK decides it's time for LIFT OFF! SOONer or LADR!!
All IMO. GLTA & CYTR!
This board has been as quiet as "The Night Before Christmas". Not a creature was stirring, not even a mouse. Unlike the "twits" who go on and on 24/7 mostly about the same thing over and over. I do believe that this board will light up like a Christmas tree once big news breaks. Hopefully before Christmas? Not likely. Before New Years? Probably not. BUT SOONer than it was 4 months ago. I know I have 200 Call Option Contracts that expire worthless 12/15 for over $1K lost. Thanks and Merry Christmas to you SK. Don't forget to give yourself and the BOD a BIG BONE-US for CYTR's outstanding performance this year! LOL!
IMO. GLTA & CYTR!
Well, Pearl Harbor day was a bomb or a dud, whichever way you look at it. But according to the PR, it's been rescheduled for June and there will be others leading up to then so all is not lost. Yet.
CYTR is currently trading right at cash value, although it doesn't make much sense given what SH's KNOW. AND, if true, you'd expect to see the pps continue down as CYTR burns though it's remaining cash. I don't think the present trend will or can last. Somethig has to give!
It all comes down to SantaK, who's also our CEO. After he and his BOD Elves give themselves a BIG BONE-US, maybe there will be a little something left over for us "beggars" on the street? At least he appears to be trying or putting on a good act for whatever reasons given all the recent PR's for what little good they've done. Time for an SEC filing! lol!
IMO. GLTA & CYTR!
Is that you, Santa!!?? Nice 40K share buy before the close today. UP 33%. Would you please load up your sleigh with MILLIONS of EDIG shares and deliver them on Christmas Eve to all the poor folks that post here that don't have any shares of their own, myself included? Pretty please?? It will raise the pps making this board a much happier place in a world filled with so much hate! Thank you! Knox
P.S. I'll leave you extra cookies and milk this year! ;D
GLTA and to all a GN! Go EDIG!
News of the day! CytRx Corporation Announces Filing of Key Provisional Patent Applications for Ultra-High Potency LADR(TM) Drug Candidates. Like I keep saying, "SOONer or LADR"! And it appears that the 12/7 LD Conference has been cancelled due to local fire and air quality concerns. I'm sure it will be rescheduled LADR! ;p
Guess that pretty much explains the "Ping Pong" pps today. Sorry, but I couldn't resist picking up some of the 1.95's this morning and I'm still in the market for anything below 1.80. GLTA and GO CYTR!!
Rootus, I'm sure you are aware that there are a number of "tickers" trading OTC that are in fact, "Dark". I think there is an IHUB MB dedicated to such companies. There are stipulations (<300 SH's), but they report nothing, yet continue to trade. I hold shares in CMFO that went "Dark" in early 2014 and it's still trading on a daily basis. Others just change names, tickers and pretty much go silent but are still trading years later. HLNT is now SPOI, so I'm not sure where you're getting, "At some point the SEC will step in and trading of the zombie will cease". Where exactly might that point be?? My broker recently removed BXXXQ, that went BK in 2008, from my portfolio because there "appeared to be no market for the stock" as it had been so long since it last traded. I still have OFSI that went under that same year and it's still listed and still trades periodically.
There certainly appears to be a market for EDIG's stock. So my guess is that it will continue trading for years to come. I thought now would be a good time to bring this up since it's been mentioned multiple times by some who may not be familiar with such things on a first hand basis.
IMO. GLTY and EDIG!
That would certainly move things along in one direction or another. And it's WRONG for anyone to say "WRONG" to ANY possibility of positive news or outcome for EDIG. Nope. Not buying that. I'll stick around to see which way EDIG goes, holding shares or not. Shouldn't take long according to some. But time will tell, always does. GLTY & EDIG!
Agree! And then there will be millions more in settlement $$$$$ coming in from all those corporate and personal lawsuits that are forthcoming. And what about all those patent infringement lawsuit settlements that will have to be renegotiated for more $$$$$ after the AIA case pending at this time before the SCOTUS is overturned? Can you say "CHA-CHING"!! Easy .05, IMO! I guess we just see EDIG potential differently than some of the others. GLTY & EDIG!
And here are a few ideas floating around these days. What are the chances of... (My views here)
(1) a $3 BO and would it be approved by SH's? (Not likely, unless pps goes below a $1, then anything's possible)
(2) a PO/Dilution of CYTR's remaining shares in the next 6 mos? (Possible, depending on cash burn and incentives to "tutes")
(3) SK asking for an increase in CYTR's A/S in 2018 to keep things running?(Likely if LADR becomes drawn out, and no p/ship revenue generated)
(4) SH approval of A/S increase? (Likely, given no choice but to approve or go broke)
(5) an Aldox NDA before EOY or in the next 10-16 months? (Looking more like next year with each passing day)
(6) Aldox actually making it to commercialization? (Tempus Fugit, and waits for no man, so if not SOON, then maybe LADR, or perhaps NAVR)
(7) seeing any milestone or p/ship revenue on CYTR's next 10-Q? (Doubtful, but will at least see the current cash burn rate)
(8) Bi-polar posters flipping their positions on the next run up, run down? (GUARANTEED!!!) LOL!!
All IMO! ;p HAGN, GLTA/CYTR! Waiting for "Lift Off!"
Shorts, with the help of some weak hands, had a good day at the office. Been that way the past 6 out of 7 trading days. Right after the 3 day mini run. I may add shares tomorrow if there's a repeat of today as one might think leading into Pearl Harbor Day on 12/7, maybe SK will drop some "pearls" vs "bombs", and there will be a "run" on the stock before the market closes. But, I've been wrong before! lol!
CYTR's pps continues to defy logic in my book. From the P/ship agmt, to the R/S approval, to withholding critical investor info, to SK's actions as CEO. I'd still like to know what "inside info" he told NO voters to get them to vote YES? One would think it had to be something good and the pps would be rising on insider buying. So did SK lie or has it just not happened yet? SOONer or LADR it has to. If you get these "cheapies" now, they'll be good at $3, better at $6 and golden at $12 and above.
All IMO. GLTA & CYTR!
And there's no way I could double down if CYTR goes below 1.73, cuz I did that between .50 and .40 and .30 so I'm about maxed out. I'd much rather sell a few thousand shares for a BUCK since I'm really tired of buying at this point! ;p GLTA/CYTR!
We all hang out at the "twits", probably you included! lol! I just don't post. CYTR is obviously in a "quiet period", relatively speaking, at the moment. SK's big road show starts on Dec 7th so maybe we'll pick up some action with that plus, we still have Soon to say something Soonish. Just a waiting game for now. Twits have been pretty quiet as well, and they're "ON IT"! GLTY/CYTR!
EDIG still has possibilities, imo. Long shots, but nonetheless. I currently hold no shares, but still find the saga intriguing. ;p
Did anybody get wind of the proposal in the current "Tax Overhaul Bill" where investor's lose their right to determine their tax consequences by making all stock trades "FIFO". S/trade clued me in so I sent emails to my Senators, likely to no avail. Sneaky politicians. All self-serving SOB's IMO. Like I've made a "killing" this year on EDIG or any other stock for that matter LOL! BUT STILL!!
GLTA/EDIG!
Shark Tank, perhaps. lol! Been fairly quite over at the "Island". Something's up??
Any news would be BIG. Good or bad. Anything.
BTW, I've stopped buying at this level. Loaded to the gills! Will double down if CYTR goes below $1.73 which are my lowest priced shares. Avg now below .50. Just waiting for SK to deliver. Should be SOON!!! GLTA/CYTR!
Not one message posted since my last one on 11/29 kinda says it all! Next significant date, 12/7! Pearl Harbor Day! A day in infamy! Maybe SK will surprise us BIG TIME. I hope so because DEC 15 is fast approaching and my CALLS for help are fading. GLTA/CYTR!
That boat might have already sailed. Waiting to reenter at a lower level to maximize profits down the road when BIG EDIG NEWS breaks. The quiet before the storm, imo.
Hard not to generate a little interest at this level. Waiting to see if current pps holds or breaks up or down. Sure would be nice to see CMFO with some upward movement before the holidays. I've been adding here myself, but don't want to get too carried away. ;p GLTY/CMFO!
CMFO vol about 10X over 10 day avg w/200K shrs on .03 bid at this time. Somebody wants a lot of "cheapies" and I guess there's those that are selling? Not me. Would like to see the "ask" increase before the next "pop". That's when I'll sell. ;p GLTA/CMFO!
You kinda have to take everyone with a grain of salt when it comes to $$$ and some make it coming and going. Those would be the "pros", and that's all they do and MB's provide them a platform in which to ply their trade. And hedging your bets is certainly not a unique concept. I don't have the time nor the expertise for all that. BUT, I DO know what I'm investing in. At least as much as DD/CYTR will allow, and personally think CYTR is a STRONG BUY at it's current pps. I thought so at .50. So whenever SK says it's time for "LIFT OFF", I'll be ready. Simple as that. SOON I hope! ;p
GLT US and GO CYTR!
Well, it looks like we couldn't have picked a better stock for that, Bong!! Go CYTR!
Duhhh, because CYTR's pps has maybe bottomed out finally?? But that's just a guess. lol! I know I've about bottomed out my bank account on these "inexpensive shares". Enuff already!! Let's GO!!!
GLTY & CYTR!
Hey, I'm still buying as well! SB was predicting something in the teen's, pre-R/S, not too long ago. Maybe that's off the table now. I just don't see the current PPS at this level based SOLELY on what CYTR has going at the present time, that we all already know about. I think patience will be required by all current holders of CYTR shares. This is my "BIGGIE" investment so how well it does in the future will have a BIG impact on mine! ;p
GLT US and CYTR!
Great post! And thanks for the links. I especially liked the "Rustic Research" article. I don't suppose you know "Bumpkin", do you? ;p I gained a lot of insight by reading that piece. It even brought back memories of long forgotten days in my college linear regression statistics class. lol! Based on your posts and the background info provided, it's obvious that you have a very good working knowledge on this subject. I understand how you and SB can garner more from these studies and are able to debate the facts in a logical fashion. Please continue!
I've been in and out of CYTR since 2010 and have lost plenty of time and money in the process. While I'm down "big time" at the moment, I honestly feel that CYTR is onto something with LADR in general, and Aldox in particular. I've "learned" not to trust the CEO, and think his current change of character is more a result of SH's extreme dissatisfaction via lawsuits, etc..., rather than a genuine concern for them all of a sudden. Time will tell for sure.
I hope "we" are correct in the positive assessment of Aldox and CYTR's prospects for future clinical trial development and results. Everything seems to be in the CEO's hands at this point and we might be waiting a while before we see any monetary benefit from what Aldox or LADR have to offer. BUT, SOONer or LADR it will come.
Thanks again for your fact based response, and GLTY and CYTR!
Okay, so CYTR didn't make it 4 in a row. Well, the UT Vols went 0-8 in the SEC for the first time in program history, and leaves Ohio State as the sole major conference team that has never been shut out in a season. So everything is relative. When you've hit rock bottom, you're afforded the opportunity to start over to achieve success and even greatness.
I added a few more inexpensive shares today. How much longer CYTR remains at this level remains to be seen. At least SK appears to be trying to offer support to SH's. We just need a positive PR of significance. Take your pick, and we are there! Until then, we are here or somewhere in between?? Will see what tomorrow brings.
GO VOLS and GO CYTR!
I strongly agree, SB!! However, for whatever reason, CYTR is choosing to take a different approach with the SCLC data. Good or bad, positive or negative, no one can really say for sure. Dare I say..., It is what it is! ;p
Under the circumstances, which we don't fully know, we just have to wait and speculate on these crucial and critical developments and IF you are an investor, think positive and wait for the formal results to be announced. SOONer or LADR. I have a lot of money riding on the "Science". Unfortunately, Kman, is right in the middle of it all and is calling the shots at this point, so I guess things will be done his way, on his timetable. Oh, and let's not forget Dr. Pat. I'm sure he has a "small" say in this as well, but he's not talking either!
Appreciate all who seek and post the truth. GLTY and CYTR!
Thanks for the additional info, PP. You appear to have a very good understanding of oncology and pharmacology and the associated statistical data used to determine the overall effectiveness when comparing drugs used during clinical trials as does StrongBio. Me, not so much. But I get the impression based on your posts, that maybe ALDOX is not all that's it's "cracked" up be. Or is it just the SCLC trial? You're a bit vague, but seem to allude to that based on the data presented and your previous "3 Conclusions". Like Info Tech, Bio Tech is a constantly evolving field and what's cutting edge one day, can be obsolete the next. And because clinical trials involve human beings, each as unique as their fingerprints, it makes for varying and often inconclusive results.
I think we all agree that CYTR's "Science" is key to it's present and future success and survival. If your not a pharmaceutical oncologist, then you depend on those who are, and able to interpret and present their findings in a straightforward fashion. I primarily look to and trust CYTR to provide this info, but welcome others interpretations, as long as it's credible and fact based. Very serious business NO DOUBT, and a certain degree of "paranoia" is likely a healthy thing. ;p
So are you invested in CYTR's science, or not? Just curious at this point. Thanks again for your input.
GLTY & CYTR!
News for the day!! Go CYTR!!
CytRx Corporation to Present at Upcoming Investor Conferences
16 minutes ago - DJNF
LOS ANGELES, Nov. 27, 2017 /PRNewswire/ -- CytRx Corporation (NASDAQ: CYTR), a biopharmaceutical research and development company specializing in oncology, today announced that Chairman and CEO, Steven A. Kriegsman, will present at the LD Micro 10(th) Annual Main Event Conference on Thursday, December 7, 2017 at 11:00 a.m. PT at the Luxe Sunset Boulevard Hotel in Los Angeles, CA.
A live and archived webcast of the event will be available at http://wsw.com/webcast/ldmicro13/cytr.
As part of the Company's previously stated efforts to increase its institutional shareholder base, CytRx is also planning to present at the following future investor conferences:
Biotech Showcase 2018
January 8-10, 2018 (exact date and time TBD)
Hilton San Francisco Union Square, San Francisco, CA
BIO CEO & Investor Conference 2018
February 12-13, 2018 (exact date and time TBD)
New York Marriott Marquis Hotel, New York, NY
30(th) Annual ROTH Conference
March 11-13, 2018 (exact date and time TBD)
The Ritz Carlton, Laguna Niguel, CA
Presentation dates and times, along with any links to potential webcasts, will be provided closer to the actual events.
Good job K'man. Get those "Tutes" and other investors lined up and CYTR's pps is sure to follow...UP!!!