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.
Considering their long list of disappointing failures to see to fruition past PRs and tweets it's hard to get very excited about anything they come out with.
Remember the share buy back that amounted to jack? Why announce something if there's no way in hell it can ever be achieved? Unless of course you're planning to sell shares into the buying that results.
A material event affecting the financial standing of the a company even after Q end should be reported as a subsequent event in next due fins.
Baron rarely does what he he should do.
Q2 fins should be out next week or maybe even AMC tomorrow. If nothing in there about the funding or Dr Aguilar deal it'll be just SHMN business as usual. Over promise and under deliver.
I hope you're right. Been stewing in this for over 4 years and dread that this latest go round is just more of the same.
We'll see.
My experience with OTC companies selling product on Amazon hasn't been good. SdVI sold CBD patches on Amazon that I tried myself that worked wonderfully. No idea what went wrong but they now trade on the greys. Is this any different or just another promo for insiders to sell stock into?
No clue.
No details on funding, not details on patent tech purchase numbers, no patent numbers, pending or otherwise. So far pretty normal for SHMN.
Just lots of carrot dangling.
Guessing they got inundated with questions. But end of this quarter/first part of next quarter or next few months pretty much equates to the same thing so it doesn't clear up much confusion.
Gives traders a better price to unload at before weekend.
Dump in progress. Never fails.
Volume needs to average 100k/day as long as it's in trips before it really starts to draw attention.
$5M financing thru preferred shares and financial notes. Nothing about convertibles and the AS and OS unchanged. Looks good to me.
We'll see what the market thinks.
RIP, indeed. I learned a lot from Chuck and still go back and review old lowtrade posts that I saved. I really miss him even though he and I had a go round once in a while.
Likely won't hear another word about it. That's Baron's MO.
I know. It turned out to be like just more of the road kill you see all the time.
An MOU isn't legally binding but it is a step forward. I'll wait till it is and maybe add more to the bag.
Every so often someone disappointed dumps their shares into the bid. The general market being in correction mode doesn't help. Some traders gotta raise cash from where ever possible just to pay rent and eat. That usually takes precedence over everything else.
In 30 days SHMN's annual report is due.
Hmmm, that sounds a lot like what I posted a few days ago and got hollered at for.
No pump, no trades. Obviously no dilution.
Penny players get impatient or fearful and sell. Some ppl like to capitalize on that and push FUD.
We're looking at years of people suffering from long covid. The millions of unvaxxed, for whatever reason, are most likely to suffer the most from it because they have/will become the sickest from it. Since they are also most mistrusting of medical science, they are also most apt to use medicines that have been around for years, like OTC and generic drugs for relief from long covid symptoms.
That bodes well for generic and OTC drug manufacturers. It also bodes well for SHMN.
As for the acquisition, it sounds like it became a collaboration for the time being. Not the same thing, but the two companies are acclimating to one another and the acquisition is very likely still in the cards
The extreme asset valuations in the process of correcting right now has more to do with TFG's tax cuts to the rich and corporations, that then went directly into stocks and stock buy backs, than anything else.
Which is moot since TCG always gets the blame for what the TFG screws up.
Markets red across the board. OTC will recover first.
When? Wait and see.
Agree. SHMN going to require a little patience till after new year. Should start to attract some buying after that.
And it's many years old debt, which means it's been extended many times since convertible debt matures one year after issuance with
non-registered pinks.
Pharma companies in general should benefit from the emergence of the newly emerging covid variant. Now would be prime time for an SHMN news update.
He'll still be CEO which is where he can do the most damage.
No doubt.
In August Pawson said they were doing $800K/day, over $16M/month. In his 3Q report he did less than $2M/month. Pawson has no qualms about lying to shareholders. It's his specialty.
It's tax loss selling season and it will be a problem until mid December when November TL sellers buy back after completing the required 30 days.
More pump for Pawson's friends to dump the 68M shares added to the float yesterday.
From a promise of audited fins and an uplist to a yield sign in just a few short months. Pawson continues to live up to (or down to) his reputation.
Why? They're not due till Nov 15.
When Pawson gives shares to his buddy (or to himself, you decide) @.00053, why should anyone else think it's worth more than that?
Cuz it isn't.
Thanks for your help.
I'm waiting for someone to publish the original merger/acquisition agreement between OPTI and WeShield in its entirety. The one that Pawson said he would file an 8k for but didn't. WeShield has it so I'm guessing it will come out sometime in the course of settlement of the lawsuits against them, or at least I hope so.
If WeShield ever counter sues It should be included there.
Have you found the UCC-1 financing statement filed by Sinensky against which that complaint was filed?
OPTI reported revenues of $28M for 9 months ended 3/31/21. But only $30M full year revenue in the annual report, which means they only did $2M in the 4th quarter. Why did revenues fall off a cliff in Q4 when they did $6.4M, $11.1M and $11.6M respectively in the previous 3 quarters is I'd like to know.
Just think, the next Q report will be even more suspenseful. It will do nothing for the share price but there's always the drama everyone loves.
I find it curious no one has mentioned that OPTI's Q4 revenues only amounted to $2.1M (For the Year Ending June 30, 2021 31.1M minus 9 months ended 3/31/21 28.9M = 2.1M).
Why did sales tank in Q4?
If there is a RM an RS is very likely to come with it. Roger has overwhelming control of OPTI with the 55K preferred he issued to himself so he has complete control over whatever happens.
Don't forget that he is required to issue to WS at least another 20K preferred and everyday that number grows as the price drops. I strongly suspect the reason for the unwind is because WS principals demanded further payment in cash and preferred and he has neither.