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Can someone explain the filings with stonebriar?
So they now received shares that amount to 7% ownership of Tmps? Was this to settle a debt of does Tmps get cash in return? Stone bridge owned by Eldridge and Todd boehly is CEO of Eldridge (he also is part owner of LA. Dodgers). How does this impact the future for Tmps?
Any connection between Todd and or Eldridge and the Johans?
Thanks
Sam
Inmed comments on mengal video...
Someone from the Inmed Facebook group emailed Inmed and posted this reply from josh, which I will accept as true, but no real verification.
"Thank you for your email (sent to Eric); we certainly appreciate your involvement and interest in our story – we’re clearly optimistic.
Unfortunately, due to Reg. FD, we’re not allowed to disclose any additional information beyond that which we have publicly. Accordingly, I’ve attached our most recent AIF, which I encourage you to read. We’re not entirely sure the source of Jimmy’s publications, so I’d overweight what we’ve said publicly.
Once again, many thanks and please stay in touch."
Maybe I am reading between the lines, but doesn't sound like a denial--only calls the source of,the information in question. And he comments they are optimistic? About what exactly!
If cbd is reclassified in the US within the next 90 days, good things could happen fast!
Sam
Jimmy Mengals "pump" Inmed?
So I have read the article and at first glance it sounds like Inmed. The information about the CEO and medical director seem very specific. And he uses the term "biosynthesis". The market cap seems way off. Inmed is now $108 mil, but I guess if he did reasearch when shares were $1.20 or so Canadian, maybe the $184 mil is accurate.
Public law 97-414 referred to in article is orphan drug status.
Why would he pick breast cancer when they are just in the pre, pre-clinical stage?
Deal with the FDA within 90 days may be based on GW getting reclassifications on their epilepsy drug.
I guess it's possible Inmed could have a partner lined up based on reclassification of cbt in the us.
I,guess it's possible Inmed has spoken to the FDA.
You would think Inmed is or will be aware of this article. Interesting to see if there is any reaction or disclaimer.
Since the mystery man would be Chris bogart, I find it more likely that he is behind the pump rather than current Inmed CEO.
I googled jimmy mengal and could not find any spam reports or complaints.
So maybe not Inmed but if it is, and Adams or insiders did not talk to this guy, interesting to see if any response or comment.
Really would be disappointed if this pump came from current leadership.
Just my thoughts-have no information to back up my opinions-just conjecture.
Sam
corrected link to 6-21 Adams exercised warrants.
https://m.canadianinsider.com/node/7?menu_tickersearch=IN+%7C+InMed+Pharmaceuticals
Sam
Eric Adams exercised warrants on 6-21. Link.
Looks like 222k shares at $.90 and $1.25 Canadian. Total of close to 450k shares. I wonder what he knows that we don't :)
https://finance.yahoo.com/news/inmed-pharmaceuticals-announces-closing-c-151300645.html
Sam
Some of eight capitals previous deals...
http://www.viiicapital.com/Web/Transactions?va=true
Certainly a step up in class for Inmed.
List includes canopy growth, medrelief and organigram.
13M needed for research??? That's a lot,of research!
Maybe they are accelerating the biosynthesis? Seems to be the only possible source of income over the next 2 years--and correct me if I am wrong, but the tsx listing required generating income over the next 24 months?
Long and strong since cannabis technologies!
Sam
Trump signed bill does not include MMJ
Experimental medicine must be in trials.
"The bill will give terminally ill patients the right to seek drug treatments that remain in clinical trials and "have passed Phase 1 of the Food and Drug Administration's approval process" but have not been fully approved by the FDA. Some opponents of the bill argue that the legislation won't change much but could have a detrimental effect on how the FDA safeguards public health."
Sam
The news about biosynthesis could help Imlff
From Todd harrison, a Wall Street guy very knowledgeable about cannabis investing:
"We own ogi and are big fans of bio-synthetics for purposes of research, so this is a smart in our view. It would likely be seen as a positive for $IMLFF, which we also own, if there were coverage, research or efficiency in the space."
Not sure if extraction from yeast is as efficient-extensive as inmeds, and if extraction for non-pharmaceuticals requires higher purity. Hopefully Inmed will comment, but I think Harrison's point is that other companies may look for partners like Inmed.
Sam
Tmps shorts down by 99% in one month.
"TEMPUS APPLIED SOLUTIONS HOLDINGS INC C (OTCMKTS:TMPS) had a decrease of 99.11% in short interest. TMPS’s SI was 500 shares in May as released by FINRA. Its down 99.11% from 55,900 shares previously. The stock decreased 6.53% or $0.0098 during the last trading session, reaching $0.1402. About 23,300 shares traded. Tempus Applied Solutions Holdings, Inc. (OTCMKTS:TMPS) has 0.00% since May 22, 2017 and is . It has underperformed by 11.55% the S&P500."
Can't be a bad thing!
Sam
Article in financial post with Inmed content
http://business.financialpost.com/cannabis/from-pills-to-creams-to-drinks-the-future-of-marijuana-goes-way-beyond-inhaling#click=https://t.co/Df5Fs8ktP9
3 paragraphs about Inmed. Maybe reason for move today?
Sam
LInk to 13-d filing. Beneficial ownership report.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12736116/content/html
Anyone care to summarize?
Thanks
Sam
News! Inmed appoints new chief business officer
https://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=6267016728143993&cp=off&webmasterId=101020
Emphasis on the U.S. market to raise funds. Clinical trials approaching?
Sam
L-1011 Tristar, Lockheed and Tristar LLC?
So the planes they just purchased full name is the L-1011 Tristar; lockheed has a location in Greenville--13 miles from Greer. Too coincidental imo that Tristar air is the name of the company and of the planes. Not sure how all this connects to Tmps and/or lockheed
The only aviation company in Greer is Trevor-Dugan aviation.
not sure if,this helps or just adds to,the mystery.
Sam
Big pharma first foray into cannabis.
http://business.financialpost.com/cannabis/big-pharmas-first-foray-into-cannabis-arrives-with-sandoz-tilray-deal#click=https://t.co/bXEXGCIsBH
Could Inmed be working on something similar?
Promising news regardless.
Sam
Link to sec pacer filing with documents.
Yes the news is true. At least Owcp the company is not mentioned as part of any wrong doing. I hope they announce immediate termination of any relationship with Jeff pending outcome of,the charges.
Hopefully this will pass but it certainly will not help the share price short term.
https://www.pacermonitor.com/public/case/23861139/United_States_Securities_and_Exchange_Commission_v_Friedland_et_al
Sam
What am I missing about the 8k? News?
What is in the interview that we did I not know from the full presentation and why is an 8k necessary?
Sam
The e.mail that you posted from grimes...
Kbaz--do,you have the email address it was sent from?
I am still not 100% convinced that this is not an elaborate phishing scam. Just little things. No links when I search for michael grimes sec or cpa or on the sec web site. And his email at the end is grimesmi@sec.gov and everyone else I could find with sec emails only has first initial and last name. And josh felker--he is an assistant director--why would an assistant director be on the phone for a preliminary investigation.
And low and behold, some new posters on the board talking about the sec investigation and the stock is down 10% today on high volume--mission accomplished.
I know some peeps on the other board share my concerns.
Sam L
I searches michael grimes on the sec website and..
The first thing that came up was michael grimes, an investor advisor at Reinhardt partners.
https://secsearch.sec.gov/search?utf8=%3F&affiliate=secsearch&query=Michael+grimes
If you google michael grimes and the sec as someone noted, nothing comes up.
People hack website information all the time. Anyone can search posting history of someone on ihub and get background on the persons posting history.
Really not sure what's going on here...
Sam
link to sec filing of financing. New money?
https://www.sec.gov/Archives/edgar/data/1728328/000172832818000001/xslFormDX01/primary_doc.xml
Is this part of the last financing? Dollar amounts are different, but terms of common share plus Warrent exercised at $1.25 ca the same. This was filed with the sec in the us? What is the reference to the exchange rate. Could this be new money as a result of the conference?
Sam
Something just doesn't make sense re insider
Selling. They had to know this massive selling would drop the price big time. And during the conference they are attending. And right after Adams gave such an upbeat interview? Yes Husain still has plenty of shares and Adams has options, but why break the momentum this stock has finally built up.
IMO--Adams has done an amazing job and made all the right moves. even at $1.20/share, the stock has doubled since December--I am in this stock for the long term, and at least for now, willing to see how this plays out and hopefully mgmt will do something or release news that will regain the momentum.
Sam
"The Perfect Storm" for a selloff. Over?
Wow..what a crazy day of trading. With most cannabis related stocks having doubled over the past month, and INMED going up even more, lots of peeps were sitting on huge gains and thinking this was going to just keep in going up--especially with legal weed in Cali. Then sessions drops his bomb--did most people actually read past the headlines? Probably not. So huge profit taking in the morning--Then I think smart money bought the stocks like Inmed that are really not affected that much if sessions does crack down on recreational--and things went sideways until late in the day and I guess more peeps got out when prices started going down and our last 10 minutes was ugly--dropping from 1.62 to 1.50.
So what happens next? The market hates uncertainty and we certainly have it right now. My guess is that the Canadian and medical stocks should recover first, but the air has been let out of the balloon for now. Long term, this is still going up big, it's a matter of when.
Today is exactly why I do not hold any Cannabis recreational or large US exposure.
INMED is by far my largest holding, and I am patiently waiting for OWCP to make a big run. Lots of games being played by the mm's with that stock--a short term concern, but similar to Inmed, quality leadership and hopefully news coming soon on their products--and they are based in Israel.
Good luck to all. We have a huge winner here imo--stay the course!
Sam
Inmed listing of pp securities form 9 link.
http://thecse.com/sites/default/files/CNSX_Form_9_-_Notice_of_Private_Placement_PART_2_0.pdf
sam
Might be some selling--but not "mass" imo.
If you check the filing from yesterday, many of the pp participants already were shareholders. I wonder if the high volume from yesterday was in part due to the 300% over subscription. I am more concerned that the stock could go down next tues due to perceived dilution. When $3 mil pp was announced the stock did dip a bit--and given the run this week in the entire sector, could be a pullback next week. Probably a good buying opportunity if you believe in Inmed and the sectors growth next year in general.
Sam
Was final pp increased from $3 to $9M?
Am I reading the 12-29 form correctly? Updated from initial 12-18 filing? If they did raise $9 instead of $3-wow!
Any worries about further dilution?
Sam
Thank you Inmed. 500+% gain in 2017...
And hopefully we are just getting started. I have been a loyal shareholder for 3 years. Sold some on the nice run up but still holding 150,000 shares for potential life changing gains! Congrats to all fellow long time holders and newbies that will profit in the new year. All week the sector has been on fire, but I noticed today we are one of only a few stocks that came back late day. PLus heavy volume--I think over 5 mil shares traded on the Cse.
Sam
The rally continues. Up 8% today premarket cse.
What is driving this? MMJ market in general, pending deal or "pump" as last time it ran up quickly? I am sitting on 150k shares at $0.25 and def looking at larger long term "life changing" gains but want to be smart and take a bit off the table. Usually what goings up quickly in otc land can go down just as quickly.
Also have 100k shares of Owcp and think that one holds almost as much potential as imlff.
Sam
DR Hossain presentation topic at conference today
"Dr. Sazzad Hossain, InMed's Chief Scientific Officer, will be presenting a lecture entitled "Epidermolysis to Glaucoma - Identifying Pathology Candidates for Cannabis-Based Treatments." This presentation will highlight InMed's internal process of identifying disease targets for treatment with therapeutic cannabinoid compounds, developing tissue-specific delivery formulations, and innovative approaches to addressing regulatory challenges with cannabinoid-based therapies."
Not sure what time he presented--Denver is mountain time.
Sam
Inmed-Chris bogart-standard graphite-any connection?
https://finance.yahoo.com/news/standard-delist-tsxv-apply-listing-233038337.html
Thought I read on this board or stockhouse of a possible spinoff of the bio-med sector of Inmed with standard graphite-bogarts new company. Any thoughts on possible connection?
Sam
Cbd-synthetic, plant-extracted, now biosynthesis?
OWCP is one of my top 3 holdings--hope we build on today's gain. Another is IMLFF-Inmed Pharmaceutical--check out this link that describes the biosynthesis process where they aim to produce naturally occurring cbd in a similar way that insulin is produced. Maybe if it actually works, they can partner with OWCP down the road.
Seems like they have built an impressive leadership and scientific team. I see lots of similarities between OWCP and IMLFF--that's why I invested in both.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=134967285
Sam
Vanguard won't take buy on Owcp electronically!
So I tried to add to my position, and I received a message saying I had to call to place trade. I then received a phone call from Vanguard telling me that they cannot take electronic buy trades on Owcp--but a sell should go thru. manipulation finally being investigated?
Sam
Something strange about the price movement and financing. Maybe they are in some sort of negotiations, but how can they file and announce financing without a number of shares and pps? I do not believe the stock ran from .25 to .70 because of the Forbes article. And what happened to,the letter of intent with revive? And now the stock gets taken down from .60 to .37 and bounces up to .47. Manipulation to allow some peeps to,get in at a lower price? Lots of questions--I am still in it for the long haul, but action lately a bit strange imo.
Sam
Risk vs Reward. Just my 2 cents. I had high hopes for viaderma and held 850k shares at 0.022 cost. One thing I have learned is the market hates uncertainty. Now down to 150k and will wait and see how this develops-might buy back in--but the pink sheets are risky enough and this just has the potential to drop big time if there is any merit to the charges or in the discovery process, other allegations about shady business practices come to light.
glta
Sam
Roth as in took GW Pharm to market. Took me awhile to figure it out. participating in newly announced placement, and Inmed presenting at their upcoming conference--can't be bad!
So any conjecture on why the pps on the placement is a mystery? Checked the sedar link from,the Inmed email I received, but could not find it.
Sam
Bid-0.62, ask-0.63. Still movin up! Impressive. What is behind this move? Has nearly doubled in a week on huge volume. Something must be in the works. Any ideas? Financing? Big pharma partner?
"Hope you're enjoying the ride"
Sam
IMLFF shatters 52 week high on record volume! (Ave volume-800k, now over $3 mil shares traded and counting!) Running hard the last week on increased volume and no news! Something is goin on--big pharm partner? An intent for revive thereupeutics to utilize inmed 's propritary identification system was announced a few weeks back. Maybe it's being finalized? Lots of press lately too on their propriety biosynthesis process--compares it to insulin methodology--they suppositely can develop naturally occurring cannabaloids without the plant itself--could be HUGE! And it's my biggest holding at cost of 0.20/share. hope to retire on the back of this company. Inmed is also in the new horizon pot stock etf which is to debut this week in Canada and in the similar etf soon to debut on us exchanges.
Sam
NEWS-FDA patent number and Canadian marketing partner.
http://finance.yahoo.com/news/viaderma-receives-provisional-patent-numbers-120000445.html
Nice news just before the upcoming conference.
Sam
Perspectus needed when company offers stock to public.
http://www.osc.gov.on.ca/en/Companies_prospectus-offerings_index.htm
After reading the information -appears they are offering more stock to the public. Still not sure on what it means--but if it's a secondary stock offering priced below market and-or including warrants to raise $$-appears to me the price will drop. Maybe they could not find a partner with big pockets and this is the only way to raise cash. If there is a more positive spin on this filing--maybe someone can explain it.
And why did revive therapeutic announce the intent for a deal with Inmed to utilize their cannabaloid drug discovery system and Inmed has not said one word about it. Possibly they thought they could get some working capital from it and not progressing as planned.
They also have gone thru a good amount of cash lately with all the paid promos on various sites.
It's put up or shut up time-the science looks promising but potentiallly not compelling enough to bring on big investments or a big pharma partner.
Sam
Intent to file short term perspectus distribution. What? Found this on CSS web site. Can anyone clarify? More financing with issuing shares--maybe on a larger scale?
"Notice declaring intention to be qualified under national instrument 44-101 short form perspectus distributions. NI-44-101. Inmed Pharmaceutical (the issuer) intends to qualify to file a short term perspectus under NI 44-101. The issuer acknowledges that it must satisfy all applicable qualification criteria prior to filling a preliminary short term perspectus, to,enter into any particular financing or transaction or to become a reporting issuer in any jurisdiction. This notice will remain in effect until withdrawn by the issuer."
Sam
A lesson to be learned from all this. OTC stocks--especially penny stocks--are easily manipulated. Fortunately I took a little off the table on the way up--and have been buying a little on the way down. The long term story has not changed imo--but short term it's going to be a bumpy ride. If this is not manipulation--maybe the conference was a bust and some big investors were counting on news and now decided to take profits. Next time I have a stock with a huge run up--probably will take a little more off the table.
GLTA
Sam
If you can't stand the heat--don't trade on the OTC. this is the "wild, Wild West" of stock trading. Daily manipulation by traders--they are savvy and know how to scare those into selling who don't understand the way OTC stocks see-saw up and down. OWCP just announced amazing news on Monday, seems to be on track to bring a breakthrough drug to market later this year--and peeps look at paper losses and freek out. Yes, some of the big believers have gotten a little carried away, but I am in for the long haul, try to nibble on a few more shares on days like today and sell a little when the stock runs up big. I can't be too upset losing 45k today since I have 70k shares @ 0.55 and have crushed the market this year. I have my big 3 otc stocks--owcp, vdrm and imlff and vdrm had a nice run up today to cut my losses a bit. I will sleep like a baby tonight and hope for this sell off was so those in the know could load up for,the next leg up.
Glta
Sam