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Wow website live https://www.zbpinc.com/
What are your thoughts about this?
The key word that keeps being used in your posts is were so let’s see what this new reverse merger who’s new officers have a resume that is 10,000 times better and stronger than any old member of this shell and others. You know you can only scam so many times before being caught. Maybe they finally realized the jig was up and time to move on. I’ll wait to see what happens from here. .0017 is a pretty strong and safe buy for the new DD
I’m not here to teach anyone, just don’t like when people put false and misleading information, rather if that be good or bad on a message board. I don’t want to mislead anyone so I will wait to hear from the company. Right now it’s too soon to sway investors either way. The old companies are bad news here so if this is truly a reverse merger with the old officers completely gone then I believe we are moving up because the new owners have very impressive resumes. Trade accordingly on your own
Lol way off, and IPO’s take a lot of up front money which most pharma companies don’t have that to go public.
How do you know all this?? The new company just brought in was late last week and no info given. But if Zimmerman has a patent and or working with a another company on their patent for insulin which he worked on as a head scientist for Lilly for over 30 years then they most likely would not need any employees at this time. Which I’m not saying they don’t. Truth is, the statement I’m replying to is completely false and no facts to back it up.
Lol why would the inventor (Zimmerman) who’s in collaboration with a big pharma company who invested millions already try and scam an OTC stock for small thousands! Look at the new owners resumes along with the inventions he’s had and truly try and figure out why would he put his name out there to scam a penny stock. Doesn’t add up sorry
Lol but Zimmermans name is right there on that particular patent application that he is the INVENTOR!!!!!
The inventor is claiming that he is bringing in a low cost insulin to the market and in collaboration with a very big pharma company who’s invested millions in what he invented!!!
Mmmm I think this points to good things coming!
Pretty sure their patent application had Zimmerman the inventor so what else do you need listed? Zimmerman released a PR on their behalf and all the information points to him being the inventor! He hasn’t even let his shareholders aware of what’s coming yet but the DD points to this share price rising
This is what really intrigued my interest! From the PR
Zimmerman BioPharmaceuticals has invested more than 7 years and $6 million in developing
and patenting this process. Zimmerman’s biosimilar insulin has been fully validated in preclinical trials and testing. The company has received an FDA recommendation to seek approval
through the accelerated 505(b)(2) NDA process.
https://backend.otcmarkets.com/otcapi/company/dns/news/document/38779/content
Then this from this!
https://www.biosimilarsresourcecenter.org/faq/biosimilar-insulin-available/
It is possible for manufacturers to develop insulin products that are similar to previously approved products, through an abbreviated approval pathway under section 505(b)(2) of the FDC Act. This pathway gives the FDA the authority to approve new products based in part on the agency’s findings of safety and efficacy for the previously approved product. When these new products are biologics, the FDA refers to them as follow-on biologics. They are listed in the “Orange Book” of approved drug products with therapeutic equivalence evaluations.
Much of this confusion is set to clear up in 2020. As of March 23, 2020, an approved application for a biological product under section 505 of the FDC Act “shall be deemed to be a license for the biological product under section 351 of the PHS Act.”
Pathway under section 505 (b)(2) of the FDC Act. Which is legit
Hey man all signs point to a new beginning here, sure there are still shares open with old management I’m sure and those will have to be sold on the market, but that goes with most takeovers. The old crew were scammers that’s no secret, but you can’t debunk the fact of the new management and their resumes. Zimmerman is legit and David Wood also. His beverage company now is rather big and an old army vet. They aren’t here to scam people. This is bottom and much more to come
Really does suck these guys picked this shell SSOF to go public with. I know SSOF doesn’t have any good past to it whatsoever and I agree with War machine! On that note however these guys don’t care about what’s gone on in the past, this was a pretty clean shell and out with the old and in with the new. All the DD for a startup biotech looks to be there and it’s worth the investment to see why they kicked out the old and started fresh with all new filings and Pink now and up to date. This is absolute bottom imo
SWNM is going to slowly creep up IMO, then filings will hit and we will see why they are going public. Be nice once they file and come off the greys for good! Prices down here are worth the gamble
Dam doesn’t expire until 08-24-2027
is 2027 active sir? Asking for friends
Inventor Ronald E. ZimmermanDavid John Stokell Current Assignee AGILA BIOTECH PVT Ltd STELIS BIOPHARMA PRIVATE Ltd
Worldwide applications
2007 US 2010 US 2013 US
Application US11/725,731 events
2006-12-13
Priority to US87465506P
2007-03-20
Application filed by Elona Biotechnologies Inc
2008-06-19
Publication of US20080146492A1
2010-09-07
Application granted
2010-09-07
Publication of US7790677B2
2019-11-01
Application status is Active
2027-08-24
Adjusted expiration
Pretty sure if Indiana gave Zimmerman almost 9M and a 28M facility to start producing insulin it’s says something, it did fall short due to lack of funds, even Governor Mike Pence, helped assist here but my point is if they saw the Big picture over 5 years ago I think it’s well worth the gamble at .0018
He created Elona and served as president! Elona was also dissolved and some private investors picked it up with Zimmerman. You need to just hit that google button a little harder and longer!
What a great post! Thank you for sharing
You guys are going to get left behind once this information gets put over the weekend
Yes Ron Zimmerman was Eli Lilly’s Sr Biochemist from June 1968 until Nov 1996 and Eli Lilly is one of the biggest insulin producers in the world
You’re the reason I found this last night and I read and did DD for 4 hours after last night and this play is going to be very BIG imo
I know and I responded to you and others with DD showing what’s truly going on here! This play is very hidden!
Read the PR
https://backend.otcmarkets.com/otcapi/company/dns/news/document/38779/content
Read This
https://backend.otcmarkets.com/otcapi/company/dns/news/document/38779/content
It is possible for manufacturers to develop insulin products that are similar to previously approved products, through an abbreviated approval pathway under section 505(b)(2) of the FDC Act. This pathway gives the FDA the authority to approve new products based in part on the agency’s findings of safety and efficacy for the previously approved product. When these new products are biologics, the FDA refers to them as follow-on biologics. They are listed in the “Orange Book” of approved drug products with therapeutic equivalence evaluations.
Much of this confusion is set to clear up in 2020. As of March 23, 2020, an approved application for a biological product under section 505 of the FDC Act “shall be deemed to be a license for the biological product under section 351 of the PHS Act.”
Go read where these guys have worked and the DD you will find will tell you this isnt a scam.
https://www.linkedin.com/in/ron-zimmerman-9727bb20?lipi=urn%3Ali%3Apage%3Ad_flagship3_profile_view_base_contact_details%3BBfYc18HtR8WNL720LdnrXA%3D%3D
https://www.linkedin.com/in/david-wood-b13265?lipi=urn%3Ali%3Apage%3Ad_flagship3_profile_view_base_contact_details%3BZ6MjSfB9ThKUVITVCjpPOw%3D%3D
I was filled 500K at 0015 today. Cut my average way down and almost 2M shares now. Might be worth the wait here. I can’t imagine them doing that big of an RS
SGMD BIG Acquisition News today
Sugarmade Closes BZRTH Acquisition, Creating Dominant Entity in $24B Global Hydroponics Market
NEW YORK, Oct. 31, 2019 (GLOBE NEWSWIRE) -- via NetworkWire - Sugarmade, Inc. (OTCQB:SGMD) ("Sugarmade," "SGMD," or the "Company"), a major supplier to the hydroponic cultivation and hemp sectors, is excited to announce the closing of the Company's acquisition of BZRTH, LLC ("BZRTH"), a leading ecommerce supplier to the rapidly expanding hydroponic agricultural space. The Company expects the new combined entity to drive EBITDA profitability, net-positive cash flows, and top-line sales of $37 million on a forward basis.
"As of today, Sugarmade is one of the largest publicly traded hydroponics companies in the world," remarked Jimmy Chan, CEO of Sugarmade. "The most important idea we want to convey to our committed shareholders right now is that this move was not a one-off deal. It's part of a multi-step roll-up strategy designed to create the dominant force in this market as we look ahead to a world where hydroponics becomes the difference between success and failure for producers in the rapidly growing market for hemp and hemp-related crops in North America."
Management notes that the integration of BZRTH implies the vertical integration of ecommerce through ZenHydro.com (and several additional hydroponics ecommerce sales portals) with a 55k sq. ft. fulfillment center and a market leading logistics platform. The Company also continues to negotiate with several other entities to continue to drive its aggressive M&A-based expansion strategy.
Mr. Chan continued, "We plan to continue to be very aggressive on the M&A side. This space is extremely ripe for disruption through consolidation of successful entities. And we have strong momentum right now to snowball this process by combining and coordinating undervalued assets into a single dominant market force that benefits from powerful overlapping growth in ecommerce, hemp, and hydroponics."
According to recent research from Mordor Intelligence, the Global Hydroponics Market was valued at $24 billion in 2018 and is expected to register strong growth over coming years. Maximize Market Research also forecasts a coming boom in this market space, driving total annual sales from $26.6 billion in 2017 to $37.7 billion by 2026.
Congrats you are the big winner today! I believe you did very well. The float isn’t that high and if you do the math I can’t see them wanting a float lower than 10M
We’re going on blind here but the DD is showing that the private company has a lot going for it so worth the gamble imo
I can’t even see it that high, but I like what you’re saying. I cut my average down by 80%
I can’t see the split being very much! This float isn’t that high. People are acting like it’s going to wipe out and leave you with nothing. I bet it can be more than 1 for 20. Every S1 will and offerings all have forward looking statements and caution about dilution they have to. The stock is only at .01 so honestly if you’ve done your DD then there’s not much point in selling much lower for a loss. All my opinion but the this doesn’t have billions in shares I don’t believe the company is trying to wipe out shareholders. I bet it 10 for 1 split and offering at .10. Time will tell
Inside job here! The MM’s were holding shares and started trading it to get out from under it before the RS. Probably been sitting on shares for many months.
That was one hell of a welcome letter. Stock split to and please sell to bring the price back down because we were trying to keep it a secret. I even called the transfer agent and nobody there even knew anything and told me it was a mistake and IZZY (Israel) was the CEO and they could assure me there was no name change. Their legal department is suppose to call me back since this was this morning I called
Wish they would have said what the RS # would be but now they are trying to drive the price down so the stock split isn’t as bad imo. Messed up their plans
ACRS halted due to AH positive phase 3 news
ACRS after hours halted due to positive phase 3 news
ACRS just began trading now after being halted because of 2nd positive phase 3 trial! Running now
Would be only FDA approved wart med
I don’t think there’s a possibility of finding out revenues. There’s plenty of info on what they have and the opportunity here. If brokerages are changing the bars already but the regulatory departments aren’t then I can see why they might pause it especially if the MM’s were getting caught off guard with shares but again that’s speculation. I’m going to be getting in contact with the company and I’ll share if I can succeed!
I was able to add 80,000 but haven’t been able to get filled beyond that. Hoping for some more! Day trading is out of the question on this one and the DD speaks for itself! I hate seeing anyone lose money regardless how big of an ass they are. Good luck everyone
I agree with you. Patience now until merger goes through. I won’t take a loss at this point when I can obviously see the filings of a new company with possibly great revenues with a small float!
We know there will be Global Habitat Resources coming in here, when that is the question! Is the DD good enough for you to hold out and get through this period? There will be a buying opportunity here and how long are you willing to wait that is the question? Chitty deal to be teased like this but we’ve seen it all on the OTC
The Caveat Emptor Designation may be assigned when OTC Markets becomes aware of one or more of the following:
Undisclosed Corporate Actions — The security or company is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available
Unfortunately VISL just announced an offering again just a few days ago! 300k won’t be big enough to move this much