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This is off of their website
"Cannabis Science's research of CS-TATI-1 will be targeted to newly diagnosed patients infected with drug resistant virus, treatment-experienced patients with drug-resistant HIV strains, and those intolerant of currently available therapies"
Sounds like they are trying to sell an HIV cure thru misleading deceitful PRs. Good thing they are not filing those quarters, after 86 million in losses, majority in 2012- could be in trouble. Gullible investors should beware- cbds work, cbis doesnt
When the mentality of investors is and i quote "Better ask another that question. I know nothing about trading stocks and the way things should or shouldn't be done
Cannabis and cannabis oil is my area of knowledge :)
Cbis. Oil men ;)"
Companies can continue to con people out of their money, theyll believe what they want and ignore all the facts. Cannabis works, cbis does not
Sent the PR over to my buddy who is conducting cancer research in Boston area- what he had to say.
"Its probably legit but most likely this press release is based on some protein expression data from years ago that they have found is inhibited by some cannabinoids which may or not treat this disease brought on by HIV. Furthermore it seems that this is more or less a side effect of HIV and not treating the virus itself so yeah mostly bullshit in my opinion, especially since they used others research and data- not their own"
I thought it was required by SEC for all publicly traded companies to file quarter reports along w annual, guess we will see. Maybe they will be in less trouble not filing then they would be if they did
Hes just mad bc cbis filed a horrific 10k for 2012 and havnt submitted any quarter reports this yr. Only filed that they would be late
Google their headquarters- its a strip mall. Send some mail to their PO box pff. Maybe contact their 2 employees, see how they like working for this powerhouse. The SEC loves companies not fully disclosing, they love fake PRs. Look up Dabneys track record, see what happened in Canada. Check out what Kubby had to say in 2009 when the share price was over a buck.
New CEO not signing documents, late filings w no financials filed after. Companies a joke, people following their emotions is even bigger- guess thats why people get burned.
Tdameritrade along w other platforms will not let traders engage this stock bc of a chill. The writing is on the wall or in their past (yr agos) financials, they can write whatever PRs they want ( they have from a&e specials to upcoming skin creams) bc their are gullible people to believe them. Cannabis works, cbis' sham doesnt.
They have not conducted one second research, not devoted $1 toward any type of research- read the financials they actually released- nothing but administrative, professional and gas fees.
See they may not disclose the exact location but they produce evidence of not only research but also a product- guess they are walking the walk while scams like cbis talk n talk. Good thing the have gullible investors to listen/believe
They mysteriously gonna create a product out of thin air? No lab necessary for this scientific company huh? No development or research required?
Looks like these ten individuals with patents are doing something too, cbis will get started any day im sure
http://pubchem.ncbi.nlm.nih.gov/summary/summary.cgi?cid=30219
Well i am sorry you have been repeating wrong information.
Heres is an article about FDA approved study
"Last month, the FDA gave its approval in the use of marijuana for proposed research studies to be conducted by MAPS (Multidisciplinary Association of Psychedelic Studies) aimed at treating individuals suffering with the debilitating effects of post-traumatic stress disorder (PTSD).
The proposed study, which is targeted specifically at treating 50 war veterans suffering with PTSD, addressed specific concerns and met protocol required by the FDA, but the study will not actually begin until another review process is completed with the National Institute on Drug Abuse/Public Health Service (NIDA/PHS), which could take more than a year before approved. If green-lighted, this would mark the first-ever clinical trials testing the effects and/or benefits of smoking, eating or vaporizing marijuana plants by PTSD patients."
From whitehouse.gov
"The FDA has, however, recognized and approved the medicinal use of isolated components of the marijuana plant and related synthetic compounds, including Dronabinol and Nabilone. And Sativex, an oral spray approved in Canada, the UK, and other parts of Europe for the treatment of multiple sclerosis spasticity and cancer pain, is currently in late-stage clinical trials with the FDA."
"The Federal government does not block research on marijuana. In fact, there is actually Federal support for studies that meet accepted scientific standards and successfully compete for research funding based on peer review and potential public health significance.
A number of government-funded research projects involving marijuana or its component compounds have been completed or are currently in progress. Studies include evaluation of abuse potential, physical/psychological effects, adverse effects, therapeutic potential, and detection. It is worth noting that a number of these studies include research with smoked marijuana on human subjects.
The Federal government is committed to the highest standards for basic science and clinical research on wide array of substances, including marijuana, that show promise."
That is 100% false, not even close to being correct.
If they were trying to conduct any research in the states they would tell us about their submission for approval to begin research w medical cannabis. If they happened to receive that approval- they would disclose this aswell.
Overseas, we they are apparently now, they could disclose this information like they have about starting "preclinical trials."
They just had to free up space in jail for the nonviolent movie streamers by letting out the nonviolent drug offenders, not enough space for them all
Just because no recorded deaths can be found does not mean one cannot overdose- water can kill you as can too much of anything. Modern breeding of cannabis has elevated the avg thc content from 1% to 13% in under 50 yrs. What will happen when levels reach 50 or 75%?
However I was speaking of the mortality rate of an untreated individual infected with HIV- believe thats nearly 100%- bone marrow transplants have been shown to cure the disease, has cannabis? Cannabis itself may be very difficult to overdose (as is bone marrow- no recorded cases) but does it prevent certain death from HIV? Bone marrow does, guess we will have to wait and see with cannabis- research is still in the "preclinical stages"- cbis yaawnnnn
Who said anything about shorting, lets not get upset bc i do not agree with the focus, leadership or history of this so called company. More advisable things to do w your life savings then gamble on a penny stock.
One of the keys to success for any business or person is to focus on one goal or product- find their niche. Cbis has positioned itself behind the HIV movement, while promising results will be shown on sunday (dr gupta) with mj meds treating epilepsy. A company cbis' size would need more than a fools 92k investment to stretch itself to cover all these areas- it would take a company of lets say- gw or gkline size not some stripmall sham blowing money on nothing but their own salaries. Look at cbis' website under the research and development- nothing but words to fill the space. Copy and pasted to fill the void created by their lack of any research or development- they are riding the mj wave bc it works, what doesnt work is their business model
As stem cell research progresses (its in early stages) the cost of these treatments will continue to drop- exponentially. Research, especially of this caliber takes alot of money (more than the 80mill that cbis burned in the last 5 yrs on administrative fees and gas bills)
I see you gave cbis' treatment a mortality rate of zero- i am assuming thats bc they have no such treatment therefore no one could of died. Again HIV has been a known lethal disease since its emergence, magic johnson was one of the first to bring hope of survival- now this stem cell treatment using bone marrow has been shown to cure the disease altogether (w a 28 day hospital stay which is certainly better than the alternative- death) but you are putting your money on dr bob, cbis and an untested treatment which could last much longer than 28 days (could take months or yrs and who knows if the patient will be totally cured of the disease. remember this bone marrow treatment is well past the preliminary stage so we know it works) cbis is still a pipes dream
Outlining cbds effects on epilepsy- very interesting stuff and will bring more legitimacy to the mj movement for sure. Good thing cbis is focusing their future "clinical research" on TAT pathway and HIV (even tho bone marrow transplants have already been shown to cure hiv cbis still puts out PRs about their "future" meds will provide relief or block the virus altogether.)
You realize the lobbying power of big pharm right? You realize their influence in our everyday lives? Lets not be naive to think they are standing on the sidelines watching the mj movement happen and would allow a rinkydink scam like cbis to "control" the market- thatd be asinine.
People have been saying scam since 08- ive been waiting for that a&e special that was filmed on them since 2011. Companies that file 8ks to get investors attention and money while never having the intention of following thru (example: a&e specials, clinical trials, meds in the wprks) are called legit companies? Naw buddy, called p&d's- ride the waves
So i guess that means no, you cannot back up your claims of these mystery meds- good deflection there by answering my question with another question.
You bring up education but then form paragraph upon paragraph of dribble- your sentences are barely comprehendible and your gonna talk about education- c'mon mannn.
Companies which are publicly traded and trying to expand their investor base would be disclosing all this information that you speak of- i would not need to have a personal experience w a rso to formulate my stance on a given company. Anyone who can read understands cbis' financials are bleek- it doesnt take a college degree- however i have one. Biology no less- crazzzy.
ive been wide awake, so unless ive missed something (which is a possibility) i do not know of any meds which cbis has produced. So prove it, dont worry ill wait.
Prettty sure they would of released some information on that, maybe had some details in their financials. Unless of course you are refering to GWs meds.
Noone who has ever used cannabis can argue that is does not hold some benefits- however running around telling everyone it "cures" cancer is a lie- it has been shown to have tumor suppressing capabilities in some form of cancers, but that is not a cure.
The share price of cbis in 2009 was over a 1.50, above 50 cents in 2010- slowly getting deeper and deeper into the cents as Dr Bob drove it. Now he is gone and Dr Bray is in command- still doesnt change the fact that the ship she is driving has millions spent on fees and salaries with no viable products in the near future. The govt will come around, they are allowing research with Hemp as we speak but corporations rule this world. These pharm Corporations have products, headquarters, more than two full time employees- safe to say they will be bring cannameds to the masses, not dr bob.
You see drugwar2, there are others in this world with a lot more knowledge than that stoner.
They have these drugs? That why their financials show no money being spent on research and product development? They just pull these drugs out of thin air?
Rescheduling would be huge for everyone- anyone can make cannabis based meds (extracts) with the correct strains and elementary science equipment.
Not alot of time for responses but then writes a page of incomplete sentences- interesting.
You made the debate that universities were not private and not conducting research w mmj- however they are? As you stated, the cost of research is extremely high, therefore universities (especially private w high tuition and endowments) are usually at the forefront for cutting edge research (ie harvard, duke, john hopkins,etc). They have the facilities, they have the time and they have the money. Please do not think for one minute glaxokline or other big pharm is not conducting the same research- they also have the facilities, time n money (headquarters isnt in a strip mall, mail isnt a pobox).
But that leads me to my last point, something else you mentioned- friend was off of savitex and on "self made" cannabis extracts. Thats the great thing about a natural plant, anyone can use it- do not need big pharm to bottle it for you. Something that can be grown in home, extracted in home and administered in home makes it less lucrative for big business- maybe why they arent pushing washington to legalize so they can profit- anyone can buy bubble bags and ice
Universities like Harvard are not private? Thats new to me
Think you need to do alittle research before making these claims, universities (like i said before) are conducting research and have been- ole miss has had a lab since the 60s.
As for cbis going to europe- gotta bring the scam somewhere else- getting old here in the states. If private companies cannot conduct research in the us bc of stringent restrictions (which is true) what did cbis spend 90 million on? They keep talking about this research- that was a lie huh?
Lies the govt tells? Yeah sure they do but research is still being conducted- yes on humans, tes by universities and other institutions
Umm not true, university of california center for medicinal marijuana conducts research on the plant, along with universities like Arizona, Harvard, NYU to name a few. According to Norml there has been 7000 papers written in the last 3 yrs. Also
Kubby is still on cbis management? After all that happened in 09/10?
You hate the compassionate use act of 96 huh? Kubby is out for his own personal agenda with helping get prop215 passed huh?
Like a stoned professor working to "cure" cancer with cannabis but calling out a cancer patient who relies cannabis to survive- and helped patients obtain the same meds? Interesting
Steve Kubby is a real mmj activist and thats what the US govt does to them. Dr bob is just a professor who blazes
Yeah thats how it works here too, i go to the dr and tell him what prescription to write me- they always oblige. Im wondering when they will just give me my own script pad
Yup, sure dropping into the 3s is what they were expecting.
Go ahead and look at financials for the company GW pharm- youll notice in their financials they have a section for research and development. Its right above the administrative and professional fees. Then go look at cbis' financials, youll only notice a line for administrative and professional fees- none for research and development. That, with the 87 million dollars in the red is the reason cbis is going down. Please stop with the research and development shenanigans
A psychoactive drug is going to help chemical imbalances huh? Not create them? Interesting theory i guess, that every doctor in the universe refutes- everyone knows that marijuana messes up your pharmaceuticals- nothing new there. Why we detox to get rid of thc from our bodies.
Marijuana is not a cure all, its not the magic drug that you think. For instance, last night i had a horrible stomach ache- getting sick and my abdomen was killing me- couldnt stand up straight. I inhaled some meds, which engaged my endocannabinoid system and began the "numbing" or "pain relieving" effects of mj. It did not "cure" my upset stomach, rather it aided in the recovery- just like marijuana does- not a cure all. Not going to miraculously heal every ailment in your body- refer to Tommy Chong for that.
As for this stock possessing the "dream team" individuals like ron sekura are affiliated with other companies as well- like muscle pharm- (on the board there) which is tanking and spending massive amounts on advertising. This dream team is spread pretty thin and not concentrating on just preparing these meds- they are just looking to get rich off of investors money. Get up the hope, its catchy atleast
Send me the info on the books please
Cbis has sold shares on the idea of medicines being produced. I bought into this stock on that notion and that they were supposedly having an a&e special on the company- none of which ever happened. Yeah its cool to play the pumps n dumps but that isnt why many investors got into this stock- to ride the waves. They got in bc dr bob sold them on the idea of cbis producing viable medicines. By all means play the charts and find the trends- only trend i see is a trend of lies. Its only a matter if time before they mess up and this crashes. Steve kubby left in 2009 when this company was worth of a dollar a share- read his resignation letter- pretty hard on bob and dabney.
Repeated requests for answers go unaddressed and that says alot about the integrity of this group- all out for money, as are others.
If tdameritrade didnt have a chill id keep playing this joke but it forced me to find credible companies which are actually working w cannabinoids. Not some stoner selling dreams on youtube and facebook
They have a product to sell yet? Gotta make back that 90 million they are in the hole somehow right. Unless cheerleading for the mj industry makes millions
No amount of money will help hiv huh? Tell that to magic johnson
Hahahaha the first three lines of this were classic- awesomeeee hahaha