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I also got my CYTR proxy packet through S/trade in the mail. Both the original and supplemental booklets along with the "white" proxy card and a return envelope with postage paid! First class all the way! I don't suppose I should vote NO online through S/trade AND mail in my proxy vote NO? Better not, 2 NO's=YES in Kmanland? I'll just vote NO online later and save CYTR the return postage. lol!
And, it was made clear that anyone who did not vote would be counted as a vote AGAINST. Some seem to still be confused on that point. I will vote NO regardless of whatever the outcome is unless $1B4RS. Either that, or I go longer term. ;p
All just my opinion. GLTA/CYTR!
Well, I finally found my proxy on S/Trade so I know it's there waiting for me to submit my vote AGAINST on the proposed R/S. Will hold off voting a few more days to see if any new developments transpire. Certainly not much happening today.
And FWIW, CYTR had no issued or outstanding P/shares per the most recent 10-Q, so we shouldn't get a surprise R/S pulled like DCTH, unless, SK pulls another "fast one" on us.
IMO. GLTA/CYTR!
I still can't figure out why CYTR is wanting the R/S in the first place? Other than obvious NASDAQ compliance, in addition to personal profit reasons for SK/BOD. What other reasons?
If CYTR had PR'd that they were keeping ALDOX and going to develop and market it themselves, keeping all profits, that would be one thing. OR, the were pressing ahead with LADR and starting another set of clinical trials for the "next bullet", that would be another.
But that aside, CYTR should have enough funds/shares to get them through til milestones and royalties kick in. Keeping secrets from investor's is NOT a good strategy.
IMO. GLTA & CYTR!
And if Kman were to resign, there would no longer be the need for an R/S because CYTR's pps would be well over a BUCK on that event alone. Guess that's what the $1B4RS movment is counting on, as well as the derivative lawsuit. Best outcome in either case, SK resigns!
IMO. GLTA/CYTR!
Good morning, n3. That pps area is what I was thinking and perhaps lower but CYTR is holding so far above that. I CAN see Kman possibly resigning as the most likely of your 3 possible options. He may cop a plea to avoid the lawsuit and take his millions and quietly go into a well deserved retirement. It would be something if the pps soared to $2.50 on that event alone. LOL!
Soon got what he wanted and if he wants more, he certainly knows where to find it. So we can't really tell about that but odds don't seem that great. He may have rights to the SCLC data or they are just locked up for now. Not sure if and when we might get the results of that trial. And, like you said, the results would have to be good to move the stock price up significantly.
Will be interesting to see how the action and drama plays out this week.
IMO. GLTY and CYTR!
LOL! Sure is quiet here. I took the weekend off for a little R&R. I'm holding about 30K shares and 300 Call Options on a stock that went from a .998 high to a current .42 pps after great news. GO FIGURE!! Figure I'll buy more as able. I'm starting to get the idea that this is as low as CYTR goes in the "LIMBO".
I feel the pressure building and looking forward to another exciting week in the world of CYTR where you can expect the unexpected! Since I predicted a green close Friday and just missed, I'll go double or nothing for green today. ;p But don't bet on it.
Still voting NO on my 12K voting shares and holding the nonvoting ones just for the profit potential. If people are willing to change their votes to YES if CYTR get's the pps up to a $1B4RS, that's a tall order for CYTR to fill with all the likely selling taking place if/when the pps starts in that direction. It would take big news and some help from the "Tutes" to have a chance to get there and hold. Just saying....
All IMO. GLTA & CYTR!
I've read some of those releases, n3, and how some folks are comparing DCTH to CYTR. I've never held a position in that stock so I can't really compare the two. I suppose SK could do something similar. How many Preferred Shares does CYTR have outstanding and who with? I forget. If the R/S were to pass because of that reason alone, SH's will have something else to be pissed off about and can add it to that ever growing list of complaints for the lawsuit. UNLESS Kman were to follow it up immediately with HUGE NEWS that will make most SH's
We'll see what happens tomorrow towards that goal and our 10/17 date with destiny. I predict green, but don't bet on it. lol!
All IMO. GLTA & CYTR!
And yet another CYTR 8K filing. Filed the same day the PR issued telling us again what we didn't want to hear in the first place. They're getting more proficient in doing this but still a NO vote. I'm going to hold out for a better offer. Still plenty of time left.
IMO. GLTA/CYTR!
LOL! Something's UP! CYTR, the only GREEN in my portfolio at COB today. GO FIGURE! I'm expecting CYTR to close up again tomorrow for TWO in a row going into the weekend. Maybe a PR is on the way?
IMO. GLTA/CYTR!
Sadly. Pretty much sums up the problem. Great drama, but a piss poor performance. I'm ready to MOVE UP! I have added all the shares I need down here. At least, all I can afford. IMO!! ;p
GLTA/CYTR!
LOL! Only Kman and the other "Insiders" can do that, n3. CYTR can't profit on it's confidential info as that would be unethical, illegal and go against the corporate culture. Besides they'd have to spend money they need for salaries and bonuses forthcoming in the immediate future.
I signed a petition for SK's removal. If some dumbass added his stipulation that "we'd" vote yes if CYTR R/S all shares equally, knowing that SK/BOD will immediately ask for an increase in A/S, that's his problem, not mine. If the "yea-sayers" could just understand that we'll remain on NASDAQ for the foreseeable future, it would make the R/S a non-issue. If SK decides to voluntarily delist if the R/S vote fails, rather than appeal NASDAQ's decision, if by some chance they deny the ext request, which I don't think will happen, well that's on SK and his lawyers. His days already appear numbered.
And to the S/T poster who keeps saying if CYTR get's it's PPS up to a $1, he'll change his no vote to yes. Guess he won't have to worry about doing that, because I don't think that will happen either. The shorts and flippers would make sure of that, unless CYTR releases "Confidential Info", which would violate their CT Order. I just wish it was 10/17 already so we can put this BS behind us and get back to business as usual, or not!
All IMO. GLTA and CYTR! We gonna need all we can get, and then some! ;p
I agree as do the majority of voters, who are voting NO, BTW. I've read where a conversation with DH, IR at CYTR indicated that it was their plan to implement the R/S ASAP and then request an increase in the A/S shortly thereafter. Guess that would require another proxy needing SH approval and pumped as necessary for continued operations and to avoid bankruptcy. Which is all BS. CYTR management has evidently become SO addicted to lining their own pockets while on the "gravy train", they have absolutely NO CONCERN for the SH's they supposedly work for. Time for that to end, IMO.
If the R/S passes and the A/S is increased for further dilution, I will certainly be looking for an exit point. If the R/S fails, I'll hang around for SK/BOD's departure and results of the pending lawsuit, while CYTR continues on NASDAQ. I just hope the voting results are not tampered with, as I wouldn't put anything past the Krooks we currently have at the helm.
I still have plenty of time to see how this plays out and to get my NO vote recorded prior to the SHM.
All IMO. GLTA/CYTR!
Then I guess we'll just have to vote NO to the R/S because all indications are that these "Numb Nuts" aren't going to release anything without a court order, IMO. This is probably part of the show for NASDAQ. Not looking good for security at the special SHM. Kman will likely show up in riot gear! LOL!! PATHETIC is all I have to say!
IMO. GLTA/CYTR!
Not yet, DS. According to my sources, it should arrive this week. It was delayed because of the amended proxy. But wait there's MORE!
Great PR this morning from an independent and unbiased 3rd party recommending SH's vote YES to the R/S. What a bunch of BS! Another indication that SK and the BOYS are feeling the heat and seeing the writing on the wall. "I ain't voting for no stinking R/S"! F them and the horse they rode in on! LOL!
I hope Kman get's canned before the SHM or immediately thereafter.
All IMO. GLTA including CYTR most of all. They need all the help they can get to rid themselves of the CROOKED, DEPLORABLE, INCOMPETENT management team! I expect nothing good for the remainder of the week from these sorry SOB's! ;p
Still no proxy vote showing up at S/Trade. I won't call in my NO vote and will only vote online per SOP. I wouldn't be surprised if the proxy is amended yet again, or called off altogether before the 10/17 SHM date. Biggest news that we may get is SK is stepping down in the best interests of CYTR. Especially if the NO vote is by a large majority. That and the pending lawsuit would seem to signify a need for managerial change. Maybe SOON steps in with a better offer.
There are all kinds of positive possibilities at the moment, IMO. I'll continue to hold and add shares as appropriate thinking we'll have AT LEAST THREE GREEN DAYS IN A ROW within the next 30 days. Call me patiently optimistic. lol!
All IMO. GLTA & CYTR!
Seems that most posters are voting NO to the R/S which makes sense. Therefore, one would think that will be the case among all retail SH's, "Tutes" included. So unless the vote is rigged, the R/S should be voted down,`right? NASDAQ will grant CYTR an extension REGARDLESS of the R/S vote outcome. At least CYTR tried. Besides, if NASDAQ did deny the request, CYTR, can appeal NASDAQ's decision and still remain listed. But I really don't expect to find out from CYTR or NASDAQ until the SHM where the vote results will be announced as well as other possible news and developments.
I'm still buying, betting on that extension. When we get confirmation thereof, the PPS should go up, right? Especially in conjunction with the R/S being voted down, right? Just a question of how much? It will be the same with all the other pent up and pending news and missing details including: NDA, LADR, SCLC results in relation to ALDOX applications, Financial Statements for Milestone and Royalty payments, if not PR'd previously, and the potential of a BO or R/M. Not to mention the possible removal of CEO/SK/BOD and the reversal of some BAD past management decisions and recovery thereon by CYTR/SH's.
I wonder what CYTR's PPS will be then? Just gotta be patient.
All IMO. GLTA & CYTR!
The only "PRO", staying on NASDAQ, is a wash in itself as CYTR will get another 180 day extension or remain listed for however long it would take to work through the appeals process. Months to say the least.
Question is, will SK release the extension approval before the SHM or wait til after the vote hoping he'll get a "HUGE BONUS" from those sheeple fearing the prospect of an OTC listing and voting yes to the R/S. NO FEAR HERE! Just another bunch of NO votes.
IMO. GLTA/CYTR!
Just so you know, Chapter 13's are for individuals, Chapter 11's are for corporations, right? Don't want to confuse the issue, IMO.
And thanks, Neverending for that info regarding Pacer but I'll just depend on you to keep me up to date on the action. TIA!! It's either that or get it from the good folks on FI. ;p
Yeah, I can't wait to hear all about it. FI is a much better place to get info, IMO, but I'll never post there because I "prematurely" banned myself. lol!
What surprise? The millions of $$$$$$$ in the previously unknown Korean bank account under the DE Holding Co? The Reverse Merge of Ilia Tech into EDIG for a strategic partnership with all kinds of million $$$$$ possibilities with the EDIG patent portfolio? The millions that will be collected off the corporate malfeasance insurance policy on FF and the BOD? Something even bigger? I can't imagine and can only hope. And I don't have Pacer. Does Guido post?
I'll get my "ask" up just in case the BIG SURPRISE comes tomorrow. Let's get this stock fired up because if the pps drops back below .0010, I'll be compelled to "load up" before the next POP! ;p
All IMO. GLTA and CYTR! Still long and 146K strong!
I've been thinking a lot about the derivative action lawsuit being brought against SK and the BOD by those wanting to protect CYTR and it's SH's from said individuals. There appears to be enough "dots connected" to build a compelling case against SK, and perhaps his family and "friends", for possible insider trading. If proven true, that would be the end of SK and perhaps the BOD as well. IF SK feels that this is the case, he will resign, SHARPISHLY, if not SOONer! CYTR can rebuild from there. We'll just have to wait it out and see how long it takes and what happens in between.
If anybody has found any docs relating to this case on Pacer, I'm sure all investors would be interested. I haven't been able to find anything filed myself other than what's been post on the boards, but I might have missed something. TIA!
IMO. GLTA and CYTR!
Wow! CYTR closed green TWO days in a row. The last time that happened was during the sprint up to .98 and back on Fri 7/28 and Mon 7/31. Seems like ages ago, huh? If CYTR can finish green tomorrow, that will be a first since the sprint up to the .90's on 5/25, 5/26 and 5/30. We actually had 4 green days prior to that from 5/17-22. Just thought I'd post this info in case anyone had forgotten, or cared. LOL!
Maybe the reverse trend has started. Maybe investor sentiment is starting to change after the painfully long downward trend even though I have seen or heard nothing of a positive nature other than the LOW PPS for bargain hunters looking for a quick flip. Still picking up shares and MAR CALL options myself for longer term potential, and hope that we get something of a positive nature between now and the 10/17 SHM, which I believe we will. Just call it a hunch or gut feeling. But don't bet on that. ;p
Still no sign of my proxy at S/Trade, but I'm in no hurry to vote NO at the moment. I'll keep SK and the BOD in the dark for a few more weeks and see what they can come up with in the meantime.
All IMO. GLTA & CYTR!
WOW! EDIG closed up 16.67% today! It was my 2nd biggest gainer! BUT, I need to get it to .01 or better ASAP so I can sell and move the funds to another promising investment that just may have a greater risk/reward factor than here. That shouldn't be a problem with all the great things on the horizon for EDIG. Wish I'd had the foresight to have picked up a couple of million shares when it was under .0010 like some of the astute investors here and on FI, again making "bank". But sadly, I did not. All I have are these higher priced shares I acquired before the "Premature Chapter 7" BK filing that I'm willing to sell at a HUGE discount. Anything that anyone can do to speed up that "March to $3" will be GREATLY APPRECIATED. Maybe Big D can get Guido to step it up a bit? TIA! ;p
EDIG 146,000 0.0035 +$0.0005 511.00 + 73.00
CYTR 24,000 0.435 +$0.0322 10,440.00 +772.80
All IMO. GLTA and EDIG!
Unfortunately, it is what it is. I'd like to think that Kman is smart enough at this point to realize that this is probably his last chance to prove his worth and retire with some dignity on a positive note. If not, then other events will just have to play out in due course. I'm patient and will hold for however long that takes.
My concern is trying to determine where the bottom is on CYTR's pps as I am tired of adding shares every time we break another support level. Perhaps there will be a PR pre-market tomorrow that will be good news for a change. If not, I suppose it will be more of the same Monday and the days that follow until such time.
All IMO. GLTA & CYTR!
Yep, I agree. Good job on putting together a history of SK's legal defenses. Maybe his latest episode will be settled quickly, if not quietly. And maybe CYTR's insurance will cover any settlement and/or legal fees this time as well. Thanks for the effort.
I'm thinking and hoping for something really POSITIVE before the 10/17 meeting. Especially if SK thinks the R/S is going to fail and he's feeling the pressure. Kman really needs some good PR SOON, before things get worse for all concerned. Maybe he retires for R/S. I'd still vote NO! Or would I? LOL!
If you or anybody knows what to expect the week ahead, you're ahead of me. Like they say about CYTR, "Expect the unexpected."!
All IMO. GLTA & CYTR!
LOL! And they couldn't make anything off MJ Lover? That's a surprise. I would have bought in on that myself, except I already had better stuff. ;p
I learn something new here every time I check in. Thanks for sharing and GLTA doing HEMP or vice versa.
All IMO.
I noticed a couple of other things today. For several minutes this afternoon the "bid" and "ask" were the same with a few thousand shares being traded during that time. Was it the shorts selling to each other since there were no other buyers or sellers? Also, the EOD drop in pps was likely due to some portfolio rebalancing as seen before and I saw the same EOD drops on some other similar stocks.
HAGN and a good weekend. And try to de-stress, decompress, and care less. I'm already there. NO WORRIES!
GLTA & CYTR!
Believe me, I know how you feel. I've read a lot of your posts. ;p I'm going to hang in there as well. I think were gonna get some big news SOON, but being patient under these circumstances isn't easy.
Maybe SK will come through, for the first time, with a "Grand Slam" that will put the other extracurricular activities to rest so we can get on with the real business of improving cancer patient's lives.
IMO. GLTA/CYTR!
Yeah, I suspect that the U.S. SEC has already heard from several individuals and entities in this regard. I haven't read the Rules and Regs concerning such "Orders" but would suspect they are subject to review and could be called into question in certain situation. Not being a lawyer, I have no idea how "ironclad" it is. More than likely, we'll find out.
If you don't mind me asking, what's you take on all this, n3?
GLTA & CYTR!
The CT Order issued by the SEC today seems to allow CYTR to keep their "secrets" secret. Just granted today, so wonder when they requested it from the SEC as nothing said about that? I have no idea how binding or ironclad it is or if this is common practice in the Bio-business, but most SH's are upset over it and feel more intent now on voting NO for the R/S and pressing forward with the lawsuit to keep things interesting regardless of financial consequences.
With the ever decreasing pps, it's possible that SK would have to issue yet another amended 8K and a new proxy requesting a 10 for 1 R/S. Wouldn't that be a hoot!? A S/T poster keeps telling folks to stop buying in order to send a strong message to SK/BOD. DUH! Although volume is increasing, the pps drops while nothing but negatives abound. All the good news seems to be locked up until such time as released by SK and/or Soon. SOON, I hope! Otherwise, I have no idea where the pps will be by October.
And on a side note, over 22,000 Sept CALL Options expired as worthless today. Some were mine. Thanks SK! I still have a bunch more for Dec and Mar to go with all my shares so I remain optimistic, but another bunch of NO votes for your R/S that you don't need!
All IMO. GLTA & CYTR!
Nice read, n3. Looks like technical analysis isn't holding much credibility with CYTR these days. A lot of factors besides technical indicators influencing the pps at present time. Volume is up today, but pps is again on the slide indicating some SH's have given up and are departing. Some big sells today. One thing is still holding true, every time I buy shares the price declines further. Guess I need to stop buying!! lol!
Building a big pile of 40's at present to go along with the big pile of 50's purchased earlier. May be loading 30's next week. This has obviously become a long term hold. I'm starting to be concerned about the prospects of CYTR with the lawsuit pending and whether or not we still have a partnership or a viable drug that can be marketed before another superior drug replaces it. Wish it wasn't the case, but it appears we're stuck unless we want to sell for a big loss. Not me. I'll be here until we hit it big or bankrupt, whichever come first. Personally betting on hitting it big!
The only thing I'm sure of and have any control over is my voting NO to the R/S. People just don't seem to grasp that going to the OTC is not going to happen anytime soon regardless of the R/S vote outcome. There's a better chance of CYTR being bankrupted by SH's legal action and lawyers than going to OTC. And, SK could really GAF if that happens. He's ready to retire with his millions in his IRA/401K that is protected from such action.
All IMO, and keeping my fingers, toes and eyes crossed! ;p
GLTA & CYTR!
I spent most of the day visiting the "twits". Always a trip! I read some good stuff there along with some not so much. I don't post there so I can't respond, which is probably a good thing. lol!
One S/T poster indicated he was going to vote for the R/S because he signed a petition saying he would if the R/S was applied across the board. LOL! He ought to be in politics!
Most are concerned about being delisted and would vote for R/S before letting CYTR go to the OTC. Not going to happen. Period. I'm basing this entirely on CYTR's current situation and the possibility that the NASDAQ appeals panel know more than the SH's in this regard. CYTR can also FURTHER APPEAL a negative ruling by the current NASDAQ hearing board. A lot of time left on NASDAQ.
I'm much more concerned about getting a boatload of facts out in the open than the NASDAQ listing issue. Like so many have WISELY noted, had these withheld facts been properly released in a timely manner, AND if not for past misdeeds by SK/BOD, we wouldn't be in this mess!
I'm going vote NO and stick it out with CYTR and hope SK/BOD can straighten up and fly right for a change. The howling of hungry wolves grows louder.
All IMO. GLTA & CYTR!
I agree with you on that 100%. SK/BOD's STILL getting a boatload of NO's from me. And I still believe the whole R/S is "the plan" to get a NASDAQ extension for 180 days. I think CYTR will get the extension regardless of the R/S vote. CYTR will just be under the gun at that time, and I honestly believe there are enough catalysts to get the pps well beyond a $1 before then IF SK/BOD plays it smart.
I'm sure SK/BOD would love the R/S vote to pass as they would take it as a "vote of confidence" from SH's to continue fleecing us. But I don't think they'll get that either. Instead, it will be something much different, IMO. Wait and see! GLTA!
I hear ya, Blue. Been doing some loading myself, but on a much smaller scale then you. I don't care about the daily pps either unless I'm buying, selling or holding, but my current target price is somewhere between $1 and $50 so I have a lot of area and a lot of shares to work with. ;p
And still voting NO on the R/S!
GLTA/CYTR!
We're just over $49.50 away from that price possibility, Blue. We all should be loading up here, so close to the bottom, because there's so much open sky above and $$$$$$$ to be made between the current pps and $50 potential!! Any idea on how long that will take??
GLTA & GO CYTR!!
Excellent and well articulated piece, eh Blue. Seems that Strongbio covered all the bases as this is the first time I've read the entire article from start to finish. Thanks for posting it here in it's entirety. If nothing else, it should certainly put SK and the BOD on notice that the times are changing for the betterment of SH's as opposed to CYTR management and certain co-conspirators.
But so far, it looks to be another buying opportunity today and the beat-down continues. Still accumulating on this end.
IMO. GLTA & CYTR!
Thanks, sb. I understand that concept of valuation, but am counting on that not happening for at least a couple of obvious reasons which we all are aware of, have been discussing, following, and will be voting on one in the days ahead. I'm still waiting for my proxy to show up so I can vote no, again.
My primary concern is what CYTR's PPS is going to be by the time the R/S vote result is announced at the special SHM and NASDAQ's ruling on CYTR's extension appeal which should be released about the same time. Short of any groundbreaking news, I expect the downward trend to continue with the help of short interest and lack of interest, in general, at this particular time as many wait for outcomes to current issues before making their investment decisions.
I remain hopeful that things will get better as pressure is applied to the root cause of CYTR's current state of affairs. I plan to ride out the storm knowing that sunnier days lie ahead.
IMO. GLTA & CYTR!
Depends on what the "current market price" is for stalks and roots? And how much is BP buying? In other words, 10% over what? Then we'll know how much of the SH's money he is actually "wasting". Compared to other "wasteful" spending, seems likely to be a paltry amount.
Just my opinion on the subject. Still watching and waiting. GLTA!
Looks like Caldwell is the director hired 7/12/17 and the form filings are just SOP. Is he an "Independent" director, Tek? I tend to think not. I was hoping Soon would get a seat on the BOD, but he doesn't seem too interested in CYTR at the moment.
I bought some .47's today. Just never know when news will be released, which I strongly believe will happen before the special SHM. I've been holding funds for lower 40's or even 30's, while we wait. If CYTR goes below that, it won't matter much at that point, and I'll go to "Plan B"! BTW, there is no "Plan B"!! ;p
IMO. GLTA & CYTR!
That's a good example, n3. I've been watching that since that dust-up started and it hasn't resulted in anything to offset the slide in PPHM's pps over that time. I really hope such a situation can be avoided here. Guess we'll all find out as the unknown reveals itself tomorrow, and in the days, weeks and months ahead.
Maybe that's why Strongbio keeps saying CYTR's pps will be at .11 before it's all said and done. Makes ya wonder, huh??
IMO. GLTA/CYTR!
The bigger the $$$$$$$$$, the bigger the crooks, is about the only standard these days. Some are just slicker than others! LOL!! I don't like lawsuits rocking the boat either. My question, is who's picking up the tab for legal expenses? Shareholders ultimately. Sure hope it's worth it in the end.
I still have hopes that SK and the BOD will put this all to rest with one or a series of PRs that will make the other issues moot points. Otherwise, I'm gonna stick it out, wait for the NASDAQ extension, vote NO on the R/S, and look for other significance news thrown in along the way.
All IMO. GLTA & CYTR!