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Has anyone been able to successfully view the presentation online?
EDIT: never mind it's tomorrow.
Probably will be a little bit longer than that.
It looks like XXII's smoking cessation product could be hit very hard by e-cigarettes.
Thanks, It's good to see a CTIX regular over here.
So what are the potential catalysts for this fine company?
VERY good find.
http://www.google.com/patents/US20130323198
This is the patent for those who are interested.
"The invention also includes use of any other pre-clinical HDAC inhibitors, including without limitation, Kevetrin, an agent selective for HDAC2, that are later determined to be useful for the treatment of cancer via the reduction or inhibition of histone deacetylase activity in combination with AMG 900"
Does anyone know if XXII has an email service you can sign up for their PR's? I can't seem to find it on their website. Help is appreciated in advance, thanks.
Max Keiser says so:
I broke the Zynga/Bitcoin story on Nov. 20. The same source is telling me that Netflix to take BTC in 2014: http://t.co/wbjOlNiKB7
— Max Keiser (@maxkeiser) January 5, 2014
Here is information on NanoAntibiotics filing:
http://www.nasdaq.com/markets/ipos/company/nanoantibiotics-inc-909981-73256
TBH it looks like they're trying to create a CTIX 2.0.
This is bizarre.... not to mention I thought Krishna Menon founded Kard, not Rajah Menon. What is this?
At reducing tumors. I think I remember a 150 mg figure, but I can't find it.
At what dosage amount does Kevetrin become effective?
If my memory suits me I don't think CTIX has ever said in a PR they intend to pursue breakthrough status though for Kevetrin.
The price around march in expectation of a successful IND application went from .002 to .014. The current price is nowhere near either of those. No one made a killing. Except I suppose people who bought before and sold into the pump.
Well articulated for a pumper. I was around for the last pump and dump. I just came back to look to see if people still gave a crap about this company.
That hilarious moment when a unit of DogeCoin is more valuable than a share of BMSN hahahahah
MD Anderson is there too. Now I doubt that they've begun any serious work with the Kevetrin they have yet but this JP Morgan conference is becoming a real CTIX get-together.
Funny enough it looks like Aspire Capital is presenting there as well. I'd be interested to hear what they're going to say.
I do as well, obviously this doesn't take into account financially related attrition rates, but it is interesting to see nonetheless.
Good chart to know what CTIX is up against as well as some perspective on the time this will take.
http://maravelias.che.wisc.edu/wp/wp-content/uploads/2009/12/Presentation1.gif
When BTC China opened buying pressure set in from that source. Baidu had also accepted BTC back then. The price grew from $100 to $600. Both of these have reversed.
Then shortly after that BTC had the positive congressional hearing. That's what I'm referring to.
Long term BTC is solid, but I'm thinking we're going to see a pullback to pre-china runup levels. China has effectively reversed their stance on Bitcoin. For the most part anyways. They didn't ban it but this is being interpreted as a setback by the market clearly.
For those who want some good charts to follow the delicious price action this is by far my favorite L2 site:
http://bitcoinwisdom.com/
If you find this helpful, feel free to spread the love:
18eqrK2CSq7c3y1x63aZBzxm9zLxfo43Ez
China warns financial institutions against bitcoin:
http://www.reuters.com/article/2013/12/05/china-bitcoin-idUSL4N0JK1KZ20131205
Major price collapse right now
I wouldn't bother with mtgox prices. They're an outlier. Here's a good site to gauge prices. It's no L2 but I think it's more accurate:
https://bitcoinaverage.com/#USD
(helps if you click the ignore mtgox button)
I think we're going to see a pretty good flash crash here. I can only make suppositions about what's driving it, but sellers are really pouring on right now. I think we could see as low as the 500s again imo.
That's one of the many problems with mtgox. I don't recommend them at all. I don't even consider their exchange price when looking at the value of bitcoin. Their time is dwindling IMO.
You can also create wallets through the major websites and they'll back it up for you. Now if you want to be in control of your own safety you would do the backups yourself.
https://blockchain.info/wallet
This is a good place if you want to keep your wallet online.
I would avoid downloading wallets or creating backups on computers you don't fully trust. It's a bit like logging into your bank account online. Would you trust a public computer not to have a keylogger?
Generally you should download the wallet on your home computer, password encrypt it, and copy backups to flash drives and external harddrives. By far the greatest risk to your bitcoin is not hackers but actually losing the files by accident. So more backups the better.
I'd link you to a 100% secure guide to creating and backing up a bitcoin wallet but it's a bit technical so for now I'll hold off.
In the early days of bitcoin when it traded in the single digits and double digits no one ever considered it to be an investment vehicle. The intent was always to overthrow the oppressive monetary system and to create an inflation immune, efficient currency.
The price stayed stable for a while when it was an ideological pet project of the Anarcho-capitalists and Libertarians, and people actually transacted in it. (Not to say they don't now, but it's definitely not the focus at the moment) Now because of all this growth and speculation I'd say Ancaps and Libertarians are losing control of the narrative. Bitcoin is definitely being focused on for it's growth rather than its utility. Speculation of course will happen regardless of what I say but it definitely will be a trial this currency will have to overcome.
At the end of the day all the Libertarians and Ancaps I know, including myself are making huge bank just because we dropped some money when it was a silly project. Amazing stuff.
Beginners guide: (click on the pictures) http://www.coindesk.com/information/
Places to spend your bitcoins: http://www.coindesk.com/information/what-can-you-buy-with-bitcoins/
Regarding your question generally you should backup your wallet many many times on different platforms. In a way seeing bitcoin find it's way to here and having speculator's interest is good and bad. Mostly bad, but nevertheless it's best to have as many educated people using it, regardless of their intent.
Why would you assume a cryptocurrency would have the same properties and available functions as stock exchanges?
You can't.
.... What you said shows you have 0 understanding of how bitcoin works. They can't just 'change' the code and have it magically add more units. Research it and how miners would have to pretty much universally adopt it for it to work.
If you listen to the applause at the end there can't be more than 5 people clapping. It's not a super power.
The presentation on B was competent. Interestingly it was called the 'lead compound of cellceutix'
I wish there had been video so we could see how many people were in the audience. From the audio it doesn't sound like many. I was a bit disappointed that clearly CTIX was shoved towards the end, becuase in the beginning of the presentation the speaker apologizes for keeping the audience away from the reception...
I remain skeptical as to if this conference will yield anything at all. As always just this user's humble opinion.
Quite the contrary, what I was saying was that these new areas of research regardless of specialists will tax him, and he oversees the regulatory fillings among other logistics. So it will tax him.
I never said CTIX was incapable. I think the move is a mistake. You are leaving out the logistical background regarding K, including prepping for the Phase II trials, interfacing with DF, and other items I probably can't conceive of myself.
B and the partnership by your own admission is also a drain on human capital, and I think B should be up there in priorities. Leo may not be doing the lab research but he oversees all regulatory fillings and the direction of the company, the addition of both compounds complicate that job further.
P is hardly on hold as they are filling INDs as we speak, as well as waiting on the patent and dealing with the bureaucracy there. Leo oversees the logistics on this as well.
ALL of CTIX's money is borrowed or at the expense of the shareholder via dilution. This is going to raise the overhead costs. CTIX is not Pfizer; it can't start all these studies and research willy nilly. Not without causing harm to our holdings. Raising the overhead of the company for unproven compounds is misguided.
I also never said it was fluff either, those are not my words. The idea that 'would you rather company never said anything?' is a false choice. I would rather have relevant PR's (within reason) released as information came available. I am okay with gaps as well. However, I never ever claimed that I would rather the company say nothing at all.
I prefer that the investigation into yet more new compounds be kept to a minimum to keep the overhead cost of CTIX low, because as I've said before. Every penny spent by CTIX is borrowed, usually at the expense of the shareholder.
So by that reasoning, the investigations into these two new compounds is unwelcome. The 10Q essentially said that the company lives from financing deal to financing deal. Every penny spent on this research shortens how long CTIX can hold out without diluting or borrowing further.
It's not just Kevetrin, you're leaving out Pruisol and their development of B. All of which considerably tax the time and resources from Leo, one person.
Considering this is a preclinical compound the money won't be seen from these items for years, it's not a welcome strategic move in my book. The company may not even last years. CTIX survives from financing deal to financing deal. This is a waste of the limited human capital they have and their borrowed money.
Your assertion as well that the PR and the new compounds will add to market value has no evidence. If anything the PPS movements say otherwise. Successful trials are what will add value. Partnerships and revenue will add value. The best shots are K, P, and B as they are by far the closest to bringing in money before the company could potentially keel over from any number of possible setbacks.
Adding yet another two compounds is getting ridiculous.
Considering there's already work on:
KM 391
KM 227
KM 278
KM 362
KM 3174
KM 732
I don't see the purpose of playing around with more compounds. They wont' even see revenue until it's much later.