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VRAL going back up, some bad news on approvel, but will get approved next month...
NEWS AGAIN
SAN MARINO, Calif., Aug. 26 /PRNewswire-FirstCall/ -- Viral Genetics (Pink Sheets: VRAL - News), a biotechnology company that develops drug compounds for HIV/AIDS, autoimmune diseases, and cancer, has completed its second major debt conversion in two months resulting in the issuance of approximately 36 million additional shares of common stock in exchange for approximately $1.2 million of principal and interest.
According to Viral Genetics' CEO Haig Keledjian, "We are extremely pleased to have completed this debt conversion that results in the elimination of substantially all of the company's financing-related debt accumulated over the last 3 years. Not only is it a show of confidence by our primary investors, but this step enhances our ability to focus on pursuing new capital from new sources and make executing our business plan our top priority, rather than debt management."
This transaction completed the retirement of approximately $1,242,215 of 5% Unsecured Convertible Notes and promissory notes issued to 8 private investors in 2005, 2006 and 2007 through the issuance of 36,141,875 common shares. In conjunction with the debt retirement announced by the Company on July 13, 2009, Viral Genetics has in the last 2 months retired a total of approximately $4.7 million of debt from prior financings.
Investors, the public, and media are cautioned to refer only to press releases and disclosures made by Viral Genetics, Inc. for information on the company, including information about the FDA, drug development, and clinical trials. The company now files its periodic disclosures and financial statements on the OTCIQ system, which are available free of charge at www.pinksheets.com under the company's ticker symbol, VRAL, and through regular press releases which are widely available and indicate "Viral Genetics" as the source.
Insider: from NY city... CIT is doing better then most think... What has Germany to do with CIT? MAN
I don't think so, do you think VRAL went up on this rumor, the tests are good and they will get an OK on the tests, now is the time to load up...
damn daytraders getting out
is this the early start of the POWER HOUR....
looking to go higher from here, good day so far, more to come imo... watch for NEWS soon
yes, building up from 0.08 here I expect a afternoon uptrend and a power hour to break 0.1. but still only if we hold resistance. gltu
has to hold 0.080 now
ok, MM s are loaded again
little shake, that why it was stuck at 0.090MM need shares
braeking the 0.090 ris and a penny is next... glta
I mailed FRNT with the question what will happen with the shares after FRNT is bought over... this was the awnser. Hope it helps you guys.
David,
If our Plan of Reorganization is implemented as proposed, the company’s current equity would be extinguished and holders of that equity would not receive any recovery.
I hope this information helps.
Steve Snyder
Corporate Communications
Frontier Airlines
stsnyder@flyfrontier.com
FrontierAirlines.com
the sooner the better I would say. If I calculate all the numbers, I would say that the 0.3 the company is giving out as a fair PPS, isn't that high. I would not be surpised to see this setteling round 0.5 dollar. gltu
well, one of these days CCTR must and will explode...
CCTR NEWS NEWS NEWS gap up 0.072
NEWS OUT
DALLAS, TX--(Marketwire - 08/24/09) - China Crescent Enterprises, Inc. (OTC.BB:CCTR - News) today announced receiving notable credit in the Metroplex Technology Business Council's (MTBC) Tech Titan Fast Tech award for the fastest growing technology companies in the Dallas-Fort Worth (DFW) area as compiled by Deloitte.
wow, looks like we are gonna gap
CIt will be over 15 dollars in 3 years... 15/1.4= 10 bagger so if you invest 25000 dollar today you will have 250,000 in 3 years. I will remeber when I bougt my 23000 shares. gltu
who ia with me? closing green today... some stops loss whiped out and up she goes. 0.064 again
and again, have order in at the ask, and no filling...
yes, me to here, bought at 0.074 today and it took about 2hours to get filled at the ask...
look at the new flag forming... higher lows every 10 minutes.. up we go
0.012 again
this is trading perfectly... 0.02 still possible today
ok, building further where we start gapping yesterday... 0.0105... just cut the gap out of the chart.
wow 31,000,000 volume IN 1 minute
GAP filled down now... other way to scare people...
NOW!!! turning BUYBUYBUY
everybody is waiting for the turningpoint to get in... but that will be too late..
do's who get out now will be back in later...
nerves of steal you have to got for this one
its holding the gap!!!!
pre market high of 1.45 looking good for today...
WoW. BIG Companies interested in ASFX this will run like crazy again today imo. Watch for buyout news. glta
buying at 0.012 is still cheap... gltu
MM holding it down to gap it up before the opening tomorrow. They are buying all at 0.01 and open at 0.013 watch...
died, you have to keep in mind that this is 6 time the price of this mornig so every buy is x 6...
well I ones was in a stock that went up 700% in one day... will we break that record?
and again, now setteling around 0.009 to take off for a penny... 0.01