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Alf's ponzi
Difficult to define but if we consider I was involved in vermillion which went from 0.01 to $13 and denedreon from 0.06 to $30 both only ran after FDA approvals
Can't say what happens here but certainly dollar land is not ruled out if they get FDA approval
Alf us bigger con artist than Peter what ever be the case every one knows alf only sells scams
This garbage is a SCAM
Moving to trips soon
I think you may be right I just took the figure from their brochure on their web that was the amount they raised in 2011 but some if it might have been converted to equity the recent 10Q figures which you quote might be the latest in any case the o/s still looks attractive and the float is just 78 million shares
You are right in some aspects but the logics might differ,while you quote the debt is 37 mio it's much more actually more than 60 mio now well that could be offset by these mile stone payments
What you need to know is that there is large difference of mentality over here the US biotech stocks in the initial stages are all hyped almost 99% biotech stocks which are in clinical trials just look at PRAN,REPH,DNDN TPIV and hundreds more all are quoting dollars with just the trials going on and nothing much these all guys play in the market while the Swiss companies are purely research based,look MYMX has been in the arena for almost 12 years listed and traded fully compliant not once they came down from OTCQB status further they raised the capital on their own,did dilute the shares to that extent
And by the I don't feel one should value a company just on debt ,it's the portfolio of drugs if successful gets the value as multinational rich with just buy these guys out and look at their HIV vaccine trials they quote " unprecedented results" which normally no pharma company quotes as FDA takes objections,bill and Melinda gates foundation have their own team to analyze they throw their towel in when they know the success ratio of investment is very high
Just on that vaccine if successful thus could be valued at 500 mio and please note the Swiss are much more conservative in their approach they will not hype things thy will wait for the right opportunity for the exit route so let's all wait for the right time I am adding as I get money thus surely is a gem,I had bought DNDN at 12 cents and sold the same for 16$ ,but had to wait for 3 years till they got FDA aproval
The same is the case here just wait and watch I have been holding this now for 18 months and don't mind waiting another 18 months
MMs please take your time to create fake walls I wait for 2 years ha ha ha
Get RRHI past penny and I just want to get away from this scam have bought this post at 0.04 for over 3 years
Scam get away
My friend trust me I have nothing against you ,we don't come here for charity just look how long we have been holding
Don't you think these guys are getting options just for them cutting huge salary cheques while discarding the retail share holders
Just think for a while the company boasts of record revenues and PPS is going down day by day the MMs always know which plays are genuine
Ebola or no Ebola these guys already have some solid pipelines with just the HIV trial any multinational will chase them for buy out and don't forget their tie up with astellas and Abbott
Adding as powder comes in this is hidden gem
Get away from this scam
Bid support finished heading sub penny
Boiling point the run is imminent
I smell MMs are just waiting to grab anything below 0.04 I am sure one run will take this past .25
That's old story even now when they are just current in pinksheets they mention in PR otcqb these guys are scamsters SEC will slap them again it requires only 10000 usd to maintain qtcqb annual fees don't they have that grow up
Don't post your BS here if you don't have info shut your mouth ,this was otcqb six month back they were pulled up by SEC then they refilled their 10Qs
Even now check all their PRs these scans tees still say it's a otcqb just check their every PR even the one on last friday
Legit companies don't get pulled up by SEC,no wonder the company downgraded to pinksheets from otcqb can they not pay 10k fees yearly for maintaining the otcqb status when boast of big revenues
LOL I was aware if that I thought you are talking about some other private investor,well as Harry says there is too much of convertible loans and I feel if you go in their website they have corporate brochure there in that they mention they had raised around 50 mio euros by way if equity and debt way back in 2011 after that too they might have raised substantial debt
Assuming euro to dollar and just the above debt it's say 60 mio usd if we convert the same to usd.
Now any buyer will first need to pay back these guys with some profits so my take is if the Recent HIV vaccine which they have got unprecedented results will surely be eyed by multinationals and might value the company around 500 mio which with current O/s brings the price to some where around to a stock value of $ 1.75 that is achievable in 12 months time when the end results are expected but I would wait even after that just like how DNDN moved from 0.06 to $ 30
Who is the largest share holder in the company could you throw some more info on it
Holding long long $5 is min I expect in next 24 months the HIV trials have shown unprecedented results plus other five trials this should already have traded in dollar but the Swiss guys don't play market a buy out is also on the cards adding till .04 levels now 900000 shares
I hear Garry is going for a reverse merger
Expect fireworks J & J connection is coming
Expect fireworks J & J connection is coming
Cooked up financials? Stay away SEC had pulled up these guys no one buys this crap
RRHI below penny
Get out before Yates steals every one's money
Added yesterday
Looks float is locked
Buy at ask rather to post your BS
Guys get those 15 to sell at .05
Fk you Yates
Fking @ss hole read my post clearly and if you don't understand don't come on pinkies for trading
Some quantity at .0225 who might be that idiot to sell this at such a low,or a MM trick to final scare
If I had powder today I would have grabbed that all
Jehu us in this stuff I know he will make this into $ land
Wow just 4 posts newbie want to make a quick buck get lost you @ss hole
I can only laugh at you what I say you need to understand do you feel the TA always gives the current figures fking @ss hole the insiders could make a filing after 3 months for the o/s and as far the A/s goes it just takes a min for the CEO to file up with the state
Grow up idiot or just sit with your mom this place is not for kids like you
Added here too silence of lambs
Hey alf show your dirty face