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I might buy back in briefly for a dead cat bounce.
"Increase of Authorized Common Stock. If implemented, the Reverse Split will have the effect of reducing the number of shares of Common Stock issued and outstanding without reducing the total number of authorized shares of our Common Stock. "
AUTHORIZED SHARES STAYING AT 2 BILLION AFTER THE REVERSE SPLIT WITH A POSSIBLE 1-3,000 RATE.
WOWOWOWOWOWOWOWOWOWOWOWOWO
Its like raising the authorized from 670k to 2 billion.
I knew an announcement like this would have to be in the works because the company is broke, and I knew it would be bad.....but i didn't think it would be this bad.
YIKES!!
The trusty long will be taking this one on the chin.
1 - 3,000 SHARES AND STILL 2 BILLION AUTHORIZED
And yes the talk of uplisting is dangling a carrot to see who still bites.
Yesterdays buys were meant to get a last attempt to bump the pps up before the horrendous PR.
I think the bids that have been sitting on the level2 bid were there to create a floor then they bought out the ask to try and bump it up...
Monday gonna be wild....bye bye pps
monday prediction
Open .0004
Day range .0002-.0005
Close .0003
PPS is toast!
Tttttttiiiiiiimmmmmmmbbbbbeeeeeerrrrrr!!
Some key quotes here sticky this! :
" Increase of Authorized Common Stock. If implemented, the Reverse Split will have the effect of reducing the number of shares of Common Stock issued and outstanding without reducing the total number of authorized shares of our Common Stock. As a result, the Reverse Split will have the effect of increasing the number of our authorized, but unissued shares. The Company would therefore have the ability to issue additional shares of Common Stock, or securities convertible or exercisable into shares of Common Stock, without shareholder approval. The Company currently does not have any plans to issue additional shares of Common Stock, or shares convertible or exercisable into shares of Common Stock in the event the Reverse Split is implemented."
"to amend our Certificate of Incorporation to implement a reverse stock split of our issued and outstanding common stock, par value $0.001 per share (“Common Stock”), at a ratio of not less than 1-for-100, and not greater than 1-for-3,000"
Of course the news release is true AMIC style after hours on friday.
Buying yesterday was to try and bump the pps up before this announcement.
http://ih.advfn.com/p.php?pid=nmona&article=69103330&xref=newsalert
Minimum 1-100 reverse split! !! MINIMUM! !
WOW.....whats the over/under for the open on Monday
I think we could see .0001-.0003
http://ih.advfn.com/p.php?pid=nmona&article=69103330&xref=newsalert
Its over!!
Tiiiiiiiimmmmmbbbeeerrrr!!!
Great post MERLOT GOGGLES.
I cant get that tune outta my head now.
"Flush investors out.....start the pump again "!
Might have to make it my ringtone
It does melt .....what do you think the "disolving matrix " is designed to do ?
It takes 2 days or so to break down when it warms to the human body's temperature.
I would call that melting...or if u like the word disolving more you can say disolving.
U know a stock is a POS when buying a few shares gets talked about so much. Wow
If they bought yesterday they're crying today. ...
Many more tears soon to come in the coming weeks and months
That "rally" fizzled fast.
I wad hoping it would go up more. Great opportunity to short this thing. Opportunities like this are golden.
Shorting this is the best investment around right now.
Hurry up the stations leaving the train!
This thing going up creates a great entry point for shorts....great opportunity
Didn't really move up ....try selling some shares!!
If you have level2 the bids are all toast!
This trains leaving the station. ..
Or maybe the station is about to leave the train.
Beautiful day in amic world.
Rising pps
Rising confidence
Go amic
You must be talking about a whole different product. Batelles melting matrix is designed to warm from the bodys temperature and disolve. Maybe you're on the wrong ticker or something.
Fda clearly stated
"Nor do we believe that the benefits of your device outweigh the risks "
FDA will not give clearance to an injectable melting radioactive device without it being tested on humans.
I would think that people would be happy the FDA operates like this -keeps people safe.
Y90 isn't relevant to this device?
245 studies in humans involving Y90 listed on the government site
https://clinicaltrials.gov/ct2/results?term=y90&Search=Search
73 open studies in humans involving Y90 on the government site
https://clinicaltrials.gov/ct2/results?term=y90&recr=Open
Maybe..
too bad no animal testing has begun. Then its on to human testing.
Should be a PR any day now.
Approved shares increasing to a BAZILLION.
https://clinicaltrials.gov/ct2/results?term=y90
245 clinical trials for y90
73 trials currently open
https://clinicaltrials.gov/ct2/results?term=y90&recr=Open
Crazy to say no human testing would be required
Okie dokie
The man is like 70+ years old .....hes not gonna live forever. And his real business has been around a long time its not hurting his reputation at all. Im sure all his clients at cadwell have never heard of amic or radiogel.
Cadwell has a free blackjack hit.
If radiogel were to make it he hits it big.
If radiogel doesn't make it its a tax writeoff for cadwells real business.
Win win for cadwell. Free blackjack hit.
That's a judgement call.
Company is broke and need MILLIONS OF DOLLARS. There is no choice but to increase the shares thru the roof.
Dilution is coming any minute big time. If wanna buy shares the time will come very soon to enter at a much lower valuation.
Animal studies 1 year
Human studies 2 to 4 years
FDA application 1 year
4-6 years till fda decision
73 open clinical trials with y90
https://clinicaltrials.gov/ct2/results?term=y90&recr=Open
73 open studies involving y90.
https://clinicaltrials.gov/ct2/results?term=y90&recr=Open
Nope. ...just like you said the domain is the smaller of the issues at hand.
The most important issue at hand is:
Paying for animal/human trials for the next 4-6 years.
But yes owning the websites is an issue as well just not as big of an issue. I made it very simple to own all their sites for free now so that issue should be gone.
Hopefully they will get it all worked out with the share structure and bills.
Yes i recieced a response from the company but don't wish to share the information in those discussions at this exact moment , it could be sensitive to the market.
But the virtual property transfer is still open waiting on the company.
Isotopeworld.com is a joke.
Apple owns apple.com not computerland.com
Cisco owns cisco.com not networkcity.com
Sirtex.com
Isoray.com
Etc. The list continues.
Isotopeworld is an elementary attempt at getting online.
Their website should have some variation of the company name or products or should own them all and redirect to each other.
What about their competitors? All of them own the dotcoms for their companies and products.
The guy who pushes a hot dog cart thru the park by my house owns all his websites.
AMIC surprisingly doesn't own any relevant dotcoms for the company. It is a real head scratcher i know as we are in the year 2015 and not 1990. Only people who dont own websites for their companies or products are probably people still using huge motorola flip phones.
I attempted to assist the company FREE OF CHARGE in the form of donations with some of the websites.
Yes. FREE OF CHARGE.
There is no predicate for RADIOGEL. Thats one of the main reasons it will need testing.
Denovo was a hailmary try less than 1% chance of approval and jim knew that. Denovo is for low risk devices which radiogel is not as determined by the FDA.
FDA clearly states radiogel is not a low risk device.
As a high risk device with no predicate it will require testing in a human before its allowed to be marketed.
I just contacted ISORAY and SIRTEX for more information about their testing. (Not that it matters because the fda determined they are not comparable ).
These are still not a predicate but much more comparable than the one listed. Human testing is a no brainer. No question that the fda will require testing on an actual person before anything like this can be put into a person's body.
If fda wouldn't require testing for something like this that would be terrifying. People with direct knowledge of these products and people with direct knowledge of radiogel know that it will need to be tested in an actual person. Animal testing is just to see if human testing is even safe to test.
https://clinicaltrials.gov/ct2/results?term=SIR-sphere&phase=2
https://clinicaltrials.gov/ct2/results?term=Therasphere&phase=2
http://www.nbcnews.com/id/42859142/ns/business-press_releases/t/results-single-dose-escalation-study-y--clivatuzumab-tetraxetan-advanced-pancreatic-cancer-published/
https://clinicaltrials.gov/ct2/show/NCT00643240
http://www.sirtex.com/ap/clinicians/ongoing-clinical-studies/
Support getting crushed today. Seeing trips very soon.