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Cute opinion
Because it's like a liquidation...but not.
Its Liquidation with complexities...
Complexities = more to the story?
More to the story = satisfying all creditors?
Reverse merger? Restructuring?...noone really knows but we will find out. And anyone who says for certain they know is full of it. All hypothesis and speculation at this point.
All opinions are welcome
Time will tell....sell and you have already lost.
I think you are bang on.
They are probably so close to bigger news coming altogether (like confirmation of the tumor necrosis plus funding plus other dogs/animals) that they will just wait and consolidate all the news for a big launch.
They have never been this quiet and to me that's a good sign
DCAC to VRUS to RDGL...all the same push down jargon...where will you go after this one?
Common Sense Facts:
Stays are granted for protection from bankruptcy.
Stay never would be granted to protect a definite bankruptcy
Liquidations do not take months
PWC does not do charity work
PWC would not be charging 1.5Mil + to a company who has no money / is bankrupt just to host a "garage sale" (Credit to gocongc for that)
There would not be this big of a commotion if things were a definite closure
These are common sense nevermind facts from Motions
also in court the word strategic Restructuring has been mentioned numerous times, you would know this if you were in the court room.
END OF STORY.....GOOD DAY
90% on this board are in 100% disagreement with your 100% disagree ergo noone on this board remotely cares for your opinion....I award you no points and may God have mercy on your soul for trying to negatively impact a stock trying to find a solution to cancer
Read the posting again
"The previous reports of the Monitor have described the attempts by the Company to pursue a sale or restructuring of its business. Virtually all of the Company’s assets have been sold through this process."
Through what process? Process of sale or restructuring?
100% Agree....with your 100% disagree
This is what we get for waiting?
One big rollercoaster ride of small ups and big plunges. The amount it will pop from news will only be enough to cover all this dropping. What a waste.
The month is half over and not a word of encouragement from GS or Korenko….very disappointing to say the least.
You do realize a couple weeks ago it was like an 80% sell stock recommendation from barchart...so essentially going from 80% sell to a 20% short term buy/ 25% medium term buy is actually a good sign.
Thanks for providing negative info that backfired and turned out positive
Please provide link to "shares are cancelled"
Ya dont listen to that jargon it has no bearing on owning shares and making money
Tax this tax that...always about taxes
No they can't everything up until radiogel is a permanently implanted seed. So very false indeed do your DD.
Radiogel is first delivery of non invasive material that breaks down and leaves nothing behind.
Nothing is "worthless" ...everything has a price tag even in sales and liquidation like processes.
Good thing you can't administer the drug without the device especially in this manner where it needs to be transported directly into a tumour.
Good job and DD. Makes RDGL all the more valuable.
one day we will wake up to news and 0.50 on the ask.
and the chase will be on and skyrockets in flight....afternoon delight..
I wish. I'd be happy with 0.25
Woah missed all this! what's been going on. You have a link kind sir?
Glad to see things moving
Not certain anything has as the funding was holding up mobilizations but I cant be 100% as I have never seen myself. Hopefully soon
Good Luck with the surgery and all the best.
When you do see it'll be exciting to hear.
There is another user who goes by.
So far steaks are in but have been for a while since Last year, you would have to dig through the posts but was some time around a year ago.
These steaks are set for building layouts, grid line offsets and benchmark elevations getting ready for a dig.
Last time they posted about construction progression was about permit drawings sent out for tender in December 2018. Generally this takes a month or two to get quotations on all aspects and divisions of construction. They usually obtain multiple quotations per scope of work, see who included or excluded specific aspects and who is the cheapest.
However something must have changed because they already had request for bids sent out in April 2018. For this process all you need is a set of drawings. Sometimes this is done twice one for budget purposes to obtain funding which has happened. Now it may be the final re-tender. Quotes are generally attainable for 30 days due to legal fine print as material rates and labour rates change from year to year.
Anyway with that being said, funding in place, permit drawings in hand, tenders out in December. Spring digging should begin soon.
However it would be nice if they were more transparent and sent more of an update for delay of mobilization or when they expect to break ground. All depends on why they have delayed, was it a decision to wait or was it something that wasn't an option.
We will see soon.
Snow halts "a lot" ? A lot of what?
Hours? Days? Weeks? Months?
Good thing flatbed trucks are equipped with all wheel drive and are several feet off the bottom of the road.
Also coincidentally excavating equipment can be and is used for snow removal on job sites. Ever used a 350? That's another excuse that doesn't justify months on delay due to weather.
Again, I'm a long all for the company. But using weather as an excuse for months of delay on construction progress is a weak excuse. Trust me I've seen and been through every delay possible and when money /schedule are important to a company wanting to get up and running, these delays or issues get solved....and fast
Exactly my point, they should be more transparent.
I believe in what they want to achieve. Great idea.
However, Google sketch up renderings are insufficient. It is unacceptable at this point after a reverse split, funding. Should be more news, even cut outs of actual plans.
Exactly my point, they should be more transparent.
I believe in what they want to achieve. Great idea.
However, Google sketch up renderings are insufficient. It is unacceptable at this point after a reverse split, funding. Should be more news, even cut outs of actual plans.
Shouldn't have, Give the Inspectors a call like I did.
https://www.ci.goldendale.wa.us/building-code-enforcement
Knowledge is power. I'm all for ASCK but making poor excuses on their behalf doesn't help. They should be more transparent about news, plans and funding as well as be held accountable
Shareholders should be advised more due to the delays and they should be more truthful in the process. This information is to help people understand. As such I am not very experienced in funding and business operations so I would never make false claims as to why money hasn't come in or funding delays etc.
No they don't a building inspector does not regulate when you can do things but how it is completed. He/she inspects a process to ensure it meets code they do not inspect structural integrity. That is up to the engineers who sign off on a design to take full responsibility of structural integrity.
Once a building permit is in place it is up to the builder to mobilize and decide when to proceed. However weather is not an obstacle.
BTW my company is a massive GC that is not only in Canada, but in the US.
Our knowledge and resources span all across North America.
I just looked into your 'rules and restrictions' and you have never been more wrong.
Again you fail, nice try.
That is completely false.
I'm saying there could be delays but don't cry just because you thought it was construction process. Could be money within the construction phasing, could be staffing all in which I agree and am fine with. But not with mobilization of the construction process in terms of weather.
Again I am Long and will continue to be so.
HOWEVER do your research if you want to rebuttal on construction
As you are very wrong.
There is no goverment restrictions on when you can complete a building phase, state, province, or country. That is soley based on structural integrity of building materials which are all regulated by that of engineering. There are ways around weather and temperatures its 2019.
For example, concrete is pourable in temperatures well below 35 Fahrenheit.
Why? because of chemical admixtures which btw the United States also carries in their concrete plants as a standard.
IN FACT you can pour up to around -10 Fahrenheit. But you would know that if you were a construction professional.
Also once concrete structures are poured well below 35, they are covered with thermal blankets to protect until they reach what is called a 28 day strength. Next time do your DD
try northern Ontario and Vancouver lol even more harsh winters and more rain than you have ever seen.
Nice try.
you call BS on construction processes?
First of all I am all for this stock...Long holder...know their vision in what they do.
Being a construction professional, I have years of experience in construction from tendering to mobilizing and execution.
All I'm saying is there are ways around 'a lot of snow' or 'a lot of water'
If it's funding, totally understandable.
You just proven you know nothing about construction.
Don't act like a child just because you are not knowledgeable in the process and assume things.
that's a poor excuse for delaying progress.
I've seen it all, massive amounts of snow, water, wind.
Nothing stops a dig when there is money to be made.
If water has made soil conditions questionable for machinery, you bring in the aggregates for traction and level off a nice working ground.
Once the digging starts you pour mud slabs and begin dewatering.
If you dig strategically you can create your own sump pits.
The costs of materials to mobilize end up being much less than delaying progress months on end. Hate to say it but any delay of construction at this point other than money are laughable to those experienced in construction.
That information is incorrect. Shares are in fact safe
The fact so many say they will be cancelled say so.
Shares are safe.
People would not waste time to debate the fact.
What is a prederred?
A multimillion dollar company has sold for only 4.34 million dollars. It has been bankrupted ...yet a 3rd party is still able to create a stay of proceeding while charging over 1 million in fees..... to a bankrupt company. That story is very...curious...
Why would a court allow a stay of proceedings?
What is in the sealed documents that many fail to mention?
Where are the transaction(s)? Plural*
Why is a stay required for a company who has been liquidated and is bankrupt?
Isn't a stay issued to protect a company?
If there is no more company why is there a stay?
One must wonder....
But last time I checked a CCAA "stay" does not protect an empty American shell
What happens when the catalyst news is released? Will that affect share price?
Of course the rebuttle will be 'no it will not be enough to increase PPS' but we all know that is not the case and in no way factual.
In fact the amount of news about to be released will be enough of a catalyst to increase PPS substantially.
Care to elaborate proof of 25/1 theory that was fabricated? No link?
What is in the Sealed documents?
Something about part of the transaction?
Why are they still sealed, everything is already done?
This is true, however the same goes for the latter where there is no solid proof of share 'cancelation'
The monitors reports are vague and briefly relay that the shareholders may not be paid due to lack of cash on purchase of company or that they MAY retain no value. However there is no definitive answer to it or the possibilities of remaining in tact. There can be no arguement made unless there is proof. FINRA would have also suspended the shares or cancelled by now if there was a definitive case made.
Given the STAY of proceedings and documents still under seal it alludes to the possibilities other than 'cancellation'. Nothing is CERTAIN or DEFINITE and that's a FACT. However if you feel otherwise please provide concrete proof of your opinion.
So time will tell
I've never seen this of high numbers numbers attempting to limit a "fantasy" before...that being said:
STAY is in place, has been for many Months.
straight up bankruptcy or liquidation does not take this long, does not include SEALED CONFIDENTIAL DOCUMENTS, and would be done in court by now.
Something is definitely brewing, its proven in the complexity and the flexing of opinions. Smart minds do not waste valuable time to prove insignificant dilemmas wrong.
DO your own DD, Buy or do not.
If you do, hold until win or lose. VERY SIMPLE and GLTA
$BIOAQ
I remember my first beer....
Shares are currently trading. That is a fact.
Theories of share cancellation claiming FINRA will cancel shares any day is very inaccurate. BIOAQ is in a STAY process, FINRA would not cancel shares until courts have confirmed a decision on the process.
A STAY would never have been granted if this was a simple liquidation.
STAYS are granted to figure out complicated processes involving mergers, buyouts, restructuring etc.
IF the company was dissolved, Bankrupt, liquidated. Process would be over by now plain and simple.
Let's not make this complicating.