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We don’t know if the government funded them. They were at the meeting, but no one knows where the money is going yet.
Honest question; does IBIO have a documented history of bringing vaccines or drugs to market? Or, have they been an instrumental team member in other biotechs bringing vaccines or drugs to market?
I know the stock went crazy during the Ebola crisis, but did they actually have any part in the solution?
IBIO market cap is $161million
We could see another 5-bagger from here if even $500m of the funding came our way.
INO went up 100% on CV news this afternoon. TNXP is next.
It’s not like coronavirus disappears because of an offering. Company is still hugely undervalued.
Someone correct me if I’m wrong, but the share structure is essentially unchanged since the Ebola scare in 2014?
Ebola Sept 2014 - OS was 67 Million
CV February 2020 - OS is 76 Million
So we can go just as high, if not higher because Coronavirus is much more widespread, than we did in 2014?
My price target is $15
What are you talking about? It closed at 1.40 and it’s up to 2.00 this morning. It’s going to attack 3.00 today.
“Looks like it's stalling at .47”
The market hasn’t even opened yet. At least wait till actual volume comes in.
Pump is over. Dump is in full swing.
Hard to see this thing taking off when people are dumping it and running away.
Probably doesn’t help that there’s more than a billion in debt but only a buyout offer for $400M.
Shareholders don’t make money when the creditors don’t get paid.
They don’t have operating profits. From their last 10Q:
2. Going concern
... As of September 30, 2019, and December 31, 2018, the Company had an accumulated deficit of $16,347,380 and $14,803,530, respectively, and the Company incurred a net loss of $1,543,850 for the nine months ended September 30, 2019...
So they paid off 2 notes, but then took out 2 more. And how many others are already out there that aren’t paid off?
They’ve got $40M revs, but they lose money every quarter.
Typical penny garbage.
I was looking at the 30min chart.
We’re stuck between the 50 and 200 day moving averages right now.
I’ll be convinced of an uptrend when we break and hold above .0085
That’ll also put us in the Ichi cloud, which is pretty strong in my opinion.
Looking for the right moment. AS decrease is good, but not sure it will send it upward. Not sure where the base is for the next leg up.
Head and shoulders pattern since Jan 27. Not a good sign.
I think the difference between SPCE and TSLA, though is when (not if) the first accident happens, SPCE is going to drop a lot harder than TSLA ever has after a vehicle crash.
We’ve got a long time before that happens though, and there will be a huge upshot after the first successful flight.
Just thinking long term, everyone will want to hedge their positions once passengers start flying.
Ripping north and no one even knows this exists. Wait until the twitter pumpers get a hold of this bad Larry!
Only need .0035 to get my money back...
More like a pump and dump.
It’s given back all gains over the past 2 days. That’s more than a pullback.
*crickets*
They must be done diluting for now. No one left to buy this garbage.
More likely to turn into $2.5k before you realize this is a dilution pig and cut your losses.
Big dumps today. She’s toast.
Hot garbage. They announce their first installation at at 500 bed hospital in Europe and everyone sells. What a turd.
Sure, but with this turd, a total flush is also probable.
Probably remain silent. They got their $20,000 promotion fee.
I’m no expert on drill results, but it sounds like the 2019 season didn’t find anything worth writing home about. One of the holes was even abandoned early because it wasn’t finding anything.
Makes sense. Looking at the history of ABN, they pop when the drill results come out, then fade and spend the rest of the year flat. Probably not a good long term hold, but where we’re at a 52-week low with drill results pending, could be a good cash grab.
NIA is being paid $20,000 for a 1 month pump. I’d take everything they say with a huge grain of salt.
Everyone waiting on drilling results.
Oct4,2017: found some gold, dropped .31 to .20
Nov6,2017: found some gold, dropped .14 to .11
Aug9,2018: found a lot of gold, rose from .158 to .23
Yet to release any drilling results in 2019. Stand by to stand by.
“From 2003 through 2011, Mr. Prince was the President, CEO and Chairman of Integrated Environmental Technologies, Ltd, a publicly traded company with its common stock registered under the 34 Act.”
....and is currently traded on the OTCBB at a share price of ..... .0001
Hahhahahaahahhahahahahahaha!
Jody and Gary have series B preferred shares that give them 500 million votes currently. Read the filing again. It says nothing about how the new AS will be divided up.
It’s 425,000,000 shares at the current PPS. Good luck absorbing that.
They’ve maxed out the OS and have crushing debt. The only reason they’re raising the AS is so they can dump more shares.
If you don’t believe it, I’ve got goose that lays golden eggs that I’d like to sell you.
It’s also never had a Billion shares AS. You can bet your bottom that it’s going to plow through the trips.
You’re being disingenuous. The only reason they would increase the AS is to increase the OS. They have NO shares to dilute right now because they’ve maxed out the current AS of 300M shares.
With the AS increased to 1 Billion, they’ll have 600,000,000 shares to dump on shareholders.
Same old penny scam story. In 6 months they’ll RS, then increase the AS and start dumping again.
2017 and 2018 3Q 10Qs came mid November. Don’t hold your breath.
The currently installed systems are “Phase 1,” if I’m not mistaken. We don’t know what “Phase 1” is, but I think we can reasonably assume the hospitals aren’t buying full packages to cover every room. More likely just a Unit or 2 to test usability and effectiveness.
So they probably don’t have enough units out there to be profitable.
Anyone who believes this is a sucker. It’s illegal for anyone in the company to give out this kind of information.
I_Know_Nothing is just spitballing and hoping he’s one of the two times a day a busted watch is right.
We were undervalued at .65, when there was an Ontario deal on the horizon. Now that it’s dead we’re clearly overvalued. Get real, nothing I said a month ago was incorrect at the time.
Dead cat bounce. Don’t get excited.