Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Sub penny
IMO Eno has a number in mind
Buyout because they withdrew their bid on “sale as a going concern”
They haven't sold any. Insiders have a huge accumulation of shares.
Chief Operating Officer - MERZOUKI ABDERRAZZAK - purchased 27,000,000 - 6/20/18 - total owned: 80,467,000
Secretary - Sebaaly Camille - purchased - 27,000,000 - 6/20/18
total owned: 79,234,373
Chief Executive Officer - Slilaty Steve N. - purchased 27,000,000 - 6/20/18
total owned: 79,384,373
Something Huge is coming!
Hungry Hippo has in the sticky above:
Post # of 38090
The Adva-27a Anti Cancer Compound is the big ticket here, and it looks like that is going from pre-clinical to clinical and thats why the insiders loaded big. Every other part of their business is just an added bonus building upon their generic pharmaceutical sales and service agreements with other biotechs.
News about an IND drug application accepted by the FDA will skyrocket $SBFM.
This is the quote from the latest 10Q
"Given the terminal and limited treatment options available for the Pancreatic Cancer, we anticipate being granted limited marketing approval (“compassionate-use”) for our Adva-27a following a successful Phase I clinical trial. It is likely that following such events, we will begin to receive offers from large pharmaceutical companies to buyout or license our drug. Alternatively, it may be more advisable for us to continue our own development of the drug by proceeding to Phase II clinical trials and attending to other requirements for full marketing approval."
The funding will trigger the IND application.
And Now that "Right to Try" has passed in the USA, it's all but guaranteed that Adva-27a will hit the market considering the terminal illness status of patients with pancreatic cancer.
Looks like it. Looks like a major deal has been inked.
CANB looks to have same available products as IGB - and maybe some extra - IMO CANB will be in the dollars soon.
Outstanding!!
IMO liquidation is off table, looks like someone knows something. In or out, last call.
Someone posted earlier, 1 - 2 dollars.
Headed there now
Appears so
same terminology for waiver of debtor
A reaffirmation agreement is an agreement between you and a creditor that creates a new obligation to repay a debt in exchange for your continued possession of the property. When signing a reaffirmation agreement, you waive your right to discharge the debt that is the subject of the agreement
I don't look at his post because of his post history. No credibility.
She didn't say he was out on vacation, but maybe he is. Wishful thinking about Cargill. Hopefully there will be a PR tomorrow.
We should hear something from PWC very soon. The bids have been in a week. IMO if none qualified, a different plan of action would have been announced by now.
"The Qualified Bidders shall be informed in writing at the latest by 5:00 PM (Eastern Standard Time) on August 21, 2018 of PwC’s decision in respect to their respective Qualified Bid:"
My mother has Parkinson's and I've heard it does wonders for those who suffer with Parkinson's.
Do you need to go through a doctor to order the capsules and can you order from any state?
I also called Cargill in Sarnia just now and asked to speak with someone about their partnership with BioAmber and the receptionist said I would need to call the home office because their manager is out of the office the whole week. Is he down the street at BioAmber?
PWC stated in one of their reports that BioAmber was approached in the spring by two major companies for the use of their plant. And in the 4 report on page 54, states that no bids were received for sale as a going concern. IMO during this bidding process, BioAmber received several bids in the range of 100 million+.
.22pps +
He was in meetings last week also. He has been at the plant this whole month.
More likely we get it from PWC this time. Eno's being at the plant is a great sign IMO. If it was truly over, he'd be at home contemplating job opportunities or retirement.
Again, he still owns shares - IMO he is in there batting for commons.
Eno still has his shares. Everyone needs money. I doubt he's going to let his shares go to 0.
I've called the Sarnia plant several times during the bidding process, once I asked if they were still doing tours through the plant and the woman that answered the phone said yes.
This morning I called and asked to speak with someone in IR and the woman that answered the phone said she would put me through to Eno's voice mail, but the call didn't go through.
She said everyone was in meetings.
There can always be a delay. Nothing is a certainty. Waiting sucks.
Not worth it. They are on every board. If things go our way, enjoy yourself, go on vacation.
The one listed was for OWCP and it ran during its promos. I was just saying if we were to have a promo running - which I haven’t found one running- it’s not a bad thing.
.15 - .30 by Thursday/Friday
CANB doesn’t appear to have a promotional campaign running now
OWCP had back to back promos
Stock promo worked for OWCP:
$OWCP – OWC Pharmaceutical Research Corp., promotional campaign starting Jan 12, 2017 @ 7:10 AM CST
January 12, 2017 Stock Promotion Tracking Tags: Blue Hoseshoe Stocks, OWC Pharmaceutical Research Corp., OWC Pharmaceutical Research Corp. Penny Stock, OWC Pharmaceutical Research Corp. Promo, OWC Pharmaceutical Research Corp. Stock Quote, OWCP, OWCP Penny Stock, OWCP Promo, OWCP Stock Promotion, OWCP Stock Quote
Time: 7:10 AM (CST)
Date: January 12, 2017
Symbol: OWCP
Company: OWC Pharmaceutical Research Corp.
Floating shares: 86,515,750 (1,577/2,063)
Outstanding shares: 139,255,474 (3,251/4,406)
Authorized shares: 500,000,000 (2,166/3,131)
Marketplace: OTCQB
Stock promoter: Blue Hoseshoe Stocks
Stock promoter rank: 26 out of 63
Excellent point!
Hopefully this week!
His post history proves this
It took over 20 minutes for me to get my small buy order filled on Friday. The ask was steadily rising. As the float continues to lock, IMO we will be in dollar territory soon.
Excellent summary!
Should be an interesting week this week on the way to dollar land. Amount of trades on Friday was staggering.
May 4, 2018
MONTREAL, May 4, 2018 /CNW Telbec/ - BioAmber Inc. (OTCPK: BIOA) ("Bioamber" or the "company") announces today that it filed a voluntary petition for relief under chapter 11 of the United States Bankruptcy Code and that its two Canadian subsidiaries, BioAmber Sarnia Inc. and BioAmber Canada Inc., filed a Notice of Intention (the "NOI") to make a proposal under the Bankruptcy and Insolvency Act (Canada), with a view to strengthening the company's financial health and solidifying its long-term business prospects.
BioAmber believes filing these procedures is the best way to protect all stakeholders and will best facilitate its efforts to renegotiate its debt and raise the funds needed to continue its operations. The filing of these procedures has the effect of imposing an automatic stay of proceedings that will protect the company, its Canadian subsidiaries and their assets from the claims of creditors while the company pursues its restructuring efforts.
"This process will provide BioAmber with the time and stability to restructure its finances. This restructuring, combined with the significantly improved cost structure we anticipate, will position BioAmber to emerge as a much stronger company which will be better positioned to meet the growing global demand we see for our product," said Richard Eno, Chief Executive Officer of BioAmber.
The article is two years old