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Does anyone know when DCTH is expected to present? I'll be in the LA area during that time and may just make an appearance at the conference. I can't go every day, but if I find out when they are presenting and taking questions, I will go.
The conference schedule is pretty vague...appreciate any insight other members may provide.
On another note, I have not received voting materials or instructions yet? I have 1.4M votes to cast...
HOLDING STEADY...
IMHO
I do believe you are referring to the old ICC Study that was suspended. The FDA amended the protocol stating phase two was not necessary because safety was already proven with their Europe procedures. They are expected to start the phase 3 this month for the new ICC Trial.
IMHO
Happy it crossed back
Over the 50-day moving average!
Hope the 200-day is in our near future!
Thank you Sam,
Appreciate you sharing that with us. I Truely wish nothing but the best for you and your family! Hopefully this program can turn into an actual program of record in the not so distant future. May the FDA actually show some compassion and get this through the approval process fast track so others may benefit from it as well. Not just in an experimental capacity.
Again, thanks for sharing.
IMHO
Tra-la-la!
Completing a R/S absolutely would thwart a hostile take over. As soon as all the issued and outstanding shares are cut by a 350/1 or 500/1 ratio, all investors are going to be wiped out...and DCTH will graciously issue another couple hundred thousand so no entity would have a majority stake. Heck.....they are even stating in their filings they need to do a R/S and share increase to stave off "any attemp" at a hostile take over.
Not sure why you are saying a R/S wouldn't thwart a Take-over? DCTH even said it would in their filings???
Also, I doubt they send out any voting materials either? I know I haven't received any yet? Has anyone else? The reason I believe they won't is because it will make the abstain votes that much easier to mark in favor of the R/S. any votes not received automatically get counted as yes votes....
Everyone will need to print out the voters cards from the filing and send them in...SIMPSON is pretty slick! She knows what is up, and by not helping shareholders to vote, she is basically guaranteeing her yes vote to R/S and conduct an increase.
Shady at best, but I'll do my part and have 1.4 M votes for not doing a R/S. I for one would rather get an offer from someone buying me out of my position than to endure the complete loss of my investment. Simpson is not deserving. She needs to be way more clear with intentions and future outlook of this company. I believe in the product, and I am all for cancer treatments, but have lost all faith in this BOD. They need to be way more clear, and provide some guidance, valuations, enrollment updates, and prospective dates...this "we know best" crap has to stop.
IMHO
As a shareholder with Over 1M shares, I do believe they are withholding something. The leak out agreements have to stand for something, the free and clear patents have to stand for something, the announcement of "working with the FDA has to stand for something, the one day "public offering that was only offered to SELECT ROTH INVESTORS has to stand for something too.
My opinion only, but if it walks like a duck, and quacks like a duck....it is probably a duck!
The share price was going up after all the positive announcements... then an ugly announcement of capital raise...we all figured it would be at .04 ..... then the open/close announcement came out that they sold shares and warrants at .02? Why? Because someone knows something, and is not letting on. With the latest announcement from the company of having to increase shares and immediately R/S, they are afraid of something!
Honestly, it sounds like a bid from "someone"...to take over! If not a complete ownership, then acquiring enough shares to have a significant vote at the table...( See how SoftBank is "running" Sprint...with 49% of the issued shares... the T-mobile deal was killed because SoftBank said NO!).
I see something here brewing and no one wants to address the proverbial ELEPHANT in the room! DCTH knows it, and they want to wipe out the chances of it happening by doing a R/S and then increasing share count again to make whomever is accumulating have only a minority stake.
So, I would not be the least bit surprised after the Q-1 filings to hear that some entity has a majority position. The shares that have been dumped over the last couple weeks may very well be getting bought by that same entity that bought at .02 just a short time ago....now getting shares even cheaper.
SO YES...to answer that question... I DO THINK THEY HAVE NEWS TO RELEASE! THEY JUST DONT WANT TO BECAUSE THEY ARE TRYINYG TO FIGURE OUT HOW TO THWART IT BEFORE THEY HAVE TO REPORT IT.
Coincidences happen, but this would be the Queen Mother of all coincidences if this is the case!
IMHO
Sam, all I want is clarity. The company can address all the issues however they see fit, but include the "public owners" of the company in the dealings. Not making material events public is morally, ethically, and in most cases legally wrong. The details will come out...filings will have to be made, even if it is after first quarter. Try as they may...we will find out.
IMHO
I see what your saying Sam, but what are the legalities of orchestrating a take over or the legalities of purposely asking investors to lose 50% of their investment in order to get back a small profit from warrants. No matter how you sell it to the investors who bought the 2 cent shares with warrant options, I can not fathom how it could be legal.
"Just take a loss...we know it's going to happen, and hopefully we can recoup some when the warrants get approved"
I mean really.....Who in their right mind would sign up for that? There muse be some shady accounting and promises in order to orchestrate this fuzzy OF a deal!
Either it's DCTH, ROTH, or both? But someone is hiding something...
IMHO
Thanks Leo, I was looking for it again myself. I had been pondering the Leak out agreement as well...why set the date of April 16, 2018?
Does anyone have any significance for this date? Or is it just arbitrary?
I do expect the annual report sometime this month...hopefully some questions and/or forward guidance will be included.
IMHO
Reply from IR this morning regarding a couple questions I presented last week.
Question one was me again asking about the Patents on the USPTO website and when would they update to show back under Delcath control and no longer being held as a security interest by Hudson Bay?
Question two was regarding how as an accredited investor, I called my broker about the offering, but was not able to participate in the recent 250M share offering? My broker said they did not see a public offering open for Delcath? As typically there is an announcement about opening of a public offering, price per share of public offering, length of time for public offering, and date expected to close public offering...my brokerage had nothing for me and suggested it was a private placement.
DELCATH IR RESPONSE:
Ruff, were you able to average down any during the dip? I was able to get my avg down to 4.06
Guess my order filled when someone's stop loss triggered?
Hoping for that partner announcement in the coming weeks to get this thing back to $6 or more!
I've put in way more than I wanted here, but feel pretty bullish after the announcement that they are down to final negotiations between two partners.
Best of luck my friend!
IMHO
Oops wrong board
Ive already answered this question with what was received from IR.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138754037
Only guess is the remainder of the convertible notes?
Time will tell if/and when the next round of SEC announcements come out with the 5%/10% ownerships.
Sucks, but hopefully will end soon.
Organically, nothing has changed, and this should move up; provided CDEL/MAXM takes their proverbial "Foot off of Throat".
IMHO
Izzy,
That was 500 "Commercial Procedures"
Not total procedures completed. DCTH already has a plethora of data for their system. FDA just required another test cycle under their own specific guidelines.
.....Because....FDA does what ever they want! It is a matter of when...not if this gets approval. Hopefully they will garnish enough attention for an early approval. They have already been granted fast track on several items.
IMHO
Izumi,
That was 500 "Commercial Procedures"
Not total procedures completed. DCTH already has a plethora of data for their system. FDA just required another test cycle under their own specific guidelines.
.....Because....FDA does what ever they want! It is a matter of when...not if this gets approval. Hopefully they will garnish enough attention for an early approval. They have already been granted fast track on several items.
IMHO
Patents have been released. They already put that out in writing. It is a matter of time before the USPTO Website reflects the update.
Because...Lawyers and filing timelines.
I already asked IR that question too...
For the twelve months ended December 31st, 2016 vs December 31st, 2015, Delcath reported revenue of $1.99MM vs $1.75MM (up 14.02%) and basic earnings per share -$3,651.72 vs -$5,020.69. Delcath is expected to report earnings on April 4th, 2018. The report will be for the fiscal period ending December 31st, 2017.
Just doing some reading after a great night out in Vegas!
Hulk, Enjoy the GREEN Today!
IMHO
Only about 1.4M for me. I did have another theory to twist Rap's brain a little. What if it were ATNX who bought the 180M shares and decidedly did buy them at .02 because they knew once the purchase price was released, everyone would dump their shares on the open market...at the rate of about 80M over the past couple days...what if it is again ATNX who is purchasing shares now in order to have that 51% majority to enact the take over? It would be cool if that were the case...then they could offer shares in ATNX for our DCTH shares, or offer a reasonable buy out for the remainder that are in private investors hands.
Just a thought...
H2O, I'm going to be off IHUB for a few days while I'm in Vegas this week...don't freak out missing me! I have another 450,000 buy order in at .015 and ANOTHER 1M at .01 should it hit that low this week!
Good luck everyone! Look for the filings to be good this week!
IMHO
I honestly do not believe it is many different accredited investors who bought the 180M shares...I tried to get in on it myself and could not? I have never in my life seen an announcement of a closing of private placement without first an announcement of opening the offering? In my experience, there is always an opening announcement and a closing announcement...I only saw the multiple S-1/A amending, amending, and amending some more...then it was closed! So either Roth bought the shares themselves, or it was one or two companies...no way in my opinion it was hundreds of individual buyers.
I asked IR that question as well, and have yet to receive a response. Only response this week was where I asked about Europe reimbursements and future guidance for operations, and one that I recommended an independent valuation of the company be made to instill confidence in the investors that the company was way undervalued. The response I got...
Leo, I have two GTC orders at .02. Both for 450,000 shares...neither got touched. Curious here?
IMHO
Thanks for sharing the wisdom SimpleLogic. I too have seen R/S work out in favor of the shareholders...look at FTNW just to name one...I was in that one when they split to about $9 per share, and it is currently at $17. Not saying it works every time, but with enough positives lined up, it could happen here too...if we get that far.
I'm holding to see where the chips fall.
And yes H2O, I will buy another 1M shares if it touches .02 tomorrow!
If I don't post about it in the AM, look for me to chime in after hours because I am facilitating this week.
Best of luck everyone!
IMHO
Besides, my other Phase 3 trade is finally starting to move up...been holding that one for a while! I was just hoping that DCTH would love me just the same!
IMHO
H2O...still right here! Geese...give a working man a break!
I will hold through just the same as many others. The share increase and/or reverse won't happen for a while. Many things can happen between now and then. I would break even if this gets back close to .04...so I'm not as underwater as most.
Best of luck to everyone no matter whether you hold them or fold them.
But c'mon H2O... just because I don't lay on my phone or computer doesn't mean I am not here. Hearts & Hugs!
IMHO
Silly cricket fan...you can't short an otc stock...
Thanks for your concern though...
IMHO
C'mon DCTH Baby...
Time to get up and Gooooooooo
~What better place than Here, What better time than Now?
IMHO
From Last years Annual Report...Filed March 29, 2017
~New Phase III ICC Trial is due to start enrollment March 2018...Already set up on ClinicalTrials.Gov website!
The fairly low volume here looks just to be flippers still. I really do hope those Form 13's start rolling in showing large chunks of share holdings. I'm still a little peived that I couldn't get in on it? I called my broker and they said they did not have access to it...so to me it still seems more of a private placement than a public offering. Typically an announcement is made with a price set for the shares, and then there is a few weeks of fulfillment before the offer is closed.
This totally smells of a private placement sold to shareholders as a "Public Offering"... so long as they have some kind of a lock out agreement, it will be awesome!
IMHO
This wants soooooo badly to go GREEN!
Rap, buddy...you just need to get a little angry!
IMHO
So...were the outstanding warrants just repriced for .59 now instead of the .50 from the previous two months?
CytoDyn (CYDY) Given a $2.00 Price Target at HC Wainwright
Xavier Javi
CytoDyn logoCytoDyn (OTCMKTS:CYDY) received a $2.00 target price from HC Wainwright in a report issued on Tuesday. The brokerage currently has a “buy” rating on the biotechnology company’s stock. HC Wainwright’s price target would indicate a potential upside of 220.00% from the company’s current price.
Shares of CytoDyn (CYDY) opened at $0.63 on Tuesday. CytoDyn has a 12 month low of $0.46 and a 12 month high of $0.84. The company has a market capitalization of $108.67, a price-to-earnings ratio of -2.72 and a beta of 0.83.
About CytoDyn
CytoDyn Inc is a clinical-stage biotechnology company. The Company is focused on the clinical development and commercialization of humanized monoclonal antibodies to treat Human Immunodeficiency Virus (HIV) infection. The Company’s lead product candidate, PRO 140, belongs to a class of HIV therapies known as entry inhibitors that block HIV from entering into and infecting certain cells.
I'm sure we will see a few more in the coming hours and/or days.....hopefully only one investor picked up most of the shares
Looks like whom ever picked up those 250M shares are holding strong for now. A few more good announcements, and we are off to the races. This will start moving once all the pieces fall into place. Not a good investment for flippers... I'm guessing a hold till end of year will be handsomely rewarded
IMHO
Definitely warming up...looking forward to the PE data!
http://stockcharts.com/c-sc/sc?s=CYDY&p=D&yr=0&mn=2&dy=0&i=t82826760604&r=1518500496813
Sam,
Didn't you pump the whole ICC Trial as the make or break for DCTH? Company stated they expected to begin in March this year...now it should become reality!
NIO, it's basically a private placement, and you should look at it as such. It was filed and closed in one day...no public offering...just a private placement. All 250M shares sold at once for $5M.
Basically...someone just made a $5M investment in DCTH. Don't pay attention to the prices...someone invested $5M to get us through the Phase 3 trial.
IMHO
No worries, I'm facilitating a class this week and last, but winding down this week, so I'll have more time. Just as expected before the release of the S-1/A rev 15....lol, it was apparent that the company had to be very specific in their wordings. I am surprised at the offering price, but at least it was opened and closed before it was even announced. I had asked my brokerage about participating, and was told they did not have access to the offering, which told me it was a private placement...written as an offering. Just like you and Rap, I suspect it is one investor who took out a large position and most likely a partnership will be announced.
At least we now know they have enough cash to make it to the end of this Phase 3 trial. That alone will be the catalyst for this company to either rocket to stardom, or file for bankruptcy! For now, I shall let it ride. I have my orders in for another 1M if people start to panic sell...lol
If .03 holds today, I think we are in good shape!
IMHO
Still right here H2O, I'm shaking my head at the offering as well. I figured it may have been .03 at the lowest...never expected .02
I still hold just over 1M shares, and if/when it touches .02, I will most likely pick up another 1M to avg down. No, I'm not happy about it, but what can I do? With all the positives happening, I'm really hoping the PPS stays up.
I'm still here...not a pumper, and have not jumped ship!
Keep the faith, it will rebound
IMHO
Delcath Chemostat procedures are infact approved in Europe as a standard of care. Company has been working the reimbursement piece for a little while now. I would expect a little profit to be shown on the next Quarterly/Annual. The real money maker will be once they are approved in the US by the FDA...hopefully by 4Q2018.
Things are getting better around here than they were in the past...contrary to another longs. The glass is half full, not half empty.
IMHO