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There you have it folks. New 8k out yesterday for INVO. Yes. They are delisting. So that’s a good merger delay and I guess they decided to go the old delisting route. That should definitely take until June. Perfect delay tactic. Hilarious. Hula Hula Cuckoo Penny
Wow. I’m glad I put those shares in my TFSA, My government just decided to increase the inclusion rate percentage for our capital gains tax. We are no longer at 50 %. They just raised it to 75%. That will also include sales of real estate etc. So all secondary property owners will be hit hard. I heard this possibly was coming down the pipe . But still. That’s crazy. So glad I loaded my TFSAs, Yes , I still get hit with the one time income tax hit, but all future subsequent investment is tax free. Not bad. Not good. But not too bad. Hula Hula Cuckoo Penny
Satellos’s company presentation is out. I wonder if these guys are still in play, stay tuned in. Lots happening there. https://ir.satellos.com/files/doc_presentation/2024/04/Satellos-Deck_Q22024.pdf
I wonder if INVO will file another NT extension. Stay tuned. Hula Hula Crazy Penny
I guess we agree to disagree. Perfectly fine with me . I’m not out to prove anything. I think wording was pretty clear for the Bert sale. Only Bert and its relating assets have been acquired. There was no other information released regarding the sale of any other remaining assets. Pretty simple. Though it’s your perfect right and freedom to feel different than me. More power to you. As for clinical trials. That’s funny stuff. I believe Teper has openly LIED about clinical trials and all timing associated with the process for many years. I wouldn’t start believing anything at this early stage in the game. Hopefully June will be a better time for us. There will be nothing until June onwards. We should finally be in the ESH deal by then and hopefully we will see some liquidity in 2025. No rate cuts coming till second half of year or maybe even early next year. I’m thinking rates affect this deal stuff. I think they prefer making a higher yield with freeze on rates. Free money is a good thing especially when there’s no real cost of capital. Sitting and waiting for the breeze to change is not a bad thing. Sucks for us Longs but that’s the way the ball bounces. Hula Hula Cuckoo Penny
Glad to see you are doing well enjoying the good life. Thanks for the latest post. Great memories. It’s been a long road. Time has flown by man. Those older days were the better ones. Stay strong. Hula Hula Cuckoo Penny
Hope this clarifies a few things for you Bruce. Below is the certification that shows how it was only certain debtor assets relating to Bert that were being abandoned. Crazy stuff. We still have a long road ahead of us. Be well. Hula Hula Cuckoo Penny
“ The property to be abandoned are all of the bankruptcy estates
right, title and interest in certain agreements by and among some or all of the Debtors and Lonza Biologics PLC regarding manufacturing and licensing (collectively, the Lonza Agreements). The
Lonza Agreements relate to the Debtors development of a product known as bertilimumab (Bert). The Lonza Agreements are subject to a confidentiality agreement
On October 21, 2019, the Bankruptcy Court entered an order approving the Debtors sale of all of its assets relating to Bert, including the Debtors contracts and licenses related to Bert. The assignment language contained in the sale agreements did not expressly identify the Lonza Agreements although it was sufficiently broad to include all such agreements related to Bert. The Trustee believes that the Lonza Agreements are related to Bert. Thus, pursuant to the sale agreements, it appears the Lonza Agreements were assigned to Alexion Pharma International Operations Unlimited Company (Alexion). Upon information and belief, the Debtors sale of all of its assets relating to Bert, including possibly their interest in the Lonza Agreements, to Alexion closed in or about November 2019.
Based on the above, it appears that the bankruptcy estates have no remaining right, title or interest in the Lonza Agreements. As a result, abandonment is appropriate because the estates have no interest in the Lonza Agreements making administration of the Lonza Agreements burdensome to the estates and of inconsequential value and benefit to the estates.”
I think news flow is going to be pretty slow now or at least up until the ESH merger. I look forward to seeing how they do it all. But yes, 6 month lock up and de-SPAC will be pretty crappy for Longs. Should be able to use my equity to get a loan of some sort. We should know our worth in June if merger completes. Hula Hula Cuckoo Penny
They have until June to do the ESH merger. Maybe Cytovia wants to remain private and keep this hub and spoke show going. Maybe it’s Naya that gets the funding. Hula,Hula Cuckoo Penny
INVO just did a promissory note with another bottom feeder. Good times. Hula Hula Cuckoo Penny
Who knows RLK. I see what you’re thinking. They could start up the SPAC merger. Get that funding and start up with Satellos in November. That would really play out well for Satellos shareholders. That’s very possible RLK. I think you’re smart. So you’re basically thinking of the most crooked way to, get things done for certain folk. I totally see that man. Wow. What a scam that would be. Well done RLK. Any ways. Either way. I’m prepared to watch the show. I still like that Bio Nano sim company as well. They could repeat this scam each year. I’m prepared to watch them have a third SPAC in store for us and then another small company merger to follow. Stay tuned. Hula Hula Cuckoo Penny
I if and wonder when Satellos comes back into the picture, Would be nice to use them for the regenerative side of things. I’ve noticed that there are only two areas of focus now and it would seem the regenerative icon has been removed. Maybe the regenerative area is next area of focus. Who knows. Hula Hula Cuckoo Penny
Merger timeline has changed in company presentation on Naya website. They expect to close merger 2024 / 2025. This all lines up with financing timeline and the latest announcement to extend deal into second part of the year. Writing is on the wall folk. Sorry to be the barrier of bad news. Court extension needs to line up. That should begin in Fall. Hula Hula Cuckoo Penny
I guessing the whole point of the latest Naya fluff piece video was simply to announce an extension in merger closing time. Maybe merger won’t be completed now until Summer. 19 days til April 30. These people should just announce the delay and be done with it. Let’s move on to ESH merger. Then another 6 month lock up. Hula Hula Cuckoo Penny
One more thing. No one can sell there shares privately Mike. My shares are frozen. I am unable to sell, transfer, trade any of my unqualified frozen shares. I can only sell once deal is finalized and completed. The nice thing is that we are all in the same boat. But are we? This vast INVO combination deal was a great way for bottom dwellers to get their filthy hands on a piece of my pie. This Share exchange being completed . No announcement. Not a big deal. Had to read that in latest 10K. At this stage we are just waiting on the next merger combination to be announced. We should be seeing a notice soon. Maybe they repeat same deal timing as last SPAC deal. Who knows. Would be convenient. Hula Hula Cuckoo Penny
The fact alone that ESH is still in the line up should give everyone clear guidance that no merger will be completed this Spring. That’s my opinion and I’m sticking with it. The INVO shit show was for Teper to bring in all his buddies. I only like that deal because of BioXcell. Looks like a great vision the founder has and continues to believe in. I also like his employees and the work environment they are creating. Well done. Hula Hula Cuckoo Penny
I may have to up my dosages by June but I should be right as rain at that point. I don’t want to go really crazy during that second half. It’s that time thing that’s breaking me. The business part is a joke. But then waiting is driving me nuts. I’m pretty sure I will have waited through all areas of the deal. It’s one thing when you have no choice but it’s another when you have the choice and choose not to. That’s what I believe is happening here. The one thing that they use well is the Bankruptcy. They still have so much further to go. I see lots of clean up in Fall and Winter of this year. Next year will just be a timing thing for listing come February / March 2025. Hard to believe that this is what’s happening. Somehow I knew that before I even knew the ESH deal was for us. That’s also clear as day. That deal is sewn up air tight. That deal is coming. If Mossimo liked INVO performance just wait till we get ESH performance. lol. Teper is just a puppet. Same goes for all the money managers just washing the money. That Peter guy must be very close to Teper. A huge share deal for zero. Hilarious. Hula Hula Cuckoo Penny
Thanks for the suggestions Bruce. They just didn’t line up or help in any way. Maybe some drugs will help you. They only slow me down, if that’s even possible. Some folk say they help them in their work. Each to their own. Just a thought. The merger will NOT complete as I suspected from day one. The exchange is already complete according to the filings. All is done except for substantial consummation. If ESH is done in June, then that financing alone would take them into 2024. And yet, I don’t believe that money is for Naya. I think that’s for Cytovia Tx. Of course they could shovel that money through Naya to get to CytoviaTx. Which could be the case. At this stage INVO is just operating under Naya. They certainly have a couple options to list. One thing you are right on. Once we hit June. Boom it’s 2025. Hell. Once we get past April, boom again it’s 2025. If that deal doesn’t come through in April or by first week of May then it’s over for the year. I bet they go past the date without mention. I will be on permanent vacation after June once my predictions start lining themselves up. At that stage, I will just stop my work. No need to watch the inevitable. That’s the stage where we all can realize that they are just waiting till 2025 window. At that stage we will have nothing more to say or do other than watch Trump destroy in the coming election. I declare that a victory for Trump by a landslide. Same goes for Trudeau at home. That shit stain is on his way out. Can’t wait. Hula Hula Cuckoo Penny
They don’t need the ESH money now as they can receive up to 38 million in funding from Triton right up till 2024. Now for that financing I can see extensions into new year. The ESH money will be given but all depends on S3 filing. They say it very clear in prospectus. No primary offering being given until S-3. I still believe that I am 100 percent correct with the ESH deal. I generally am right in my thinking. I ain't doing this for shits and giggles. This crazy guy doesn’t fuck around with his money. You can do that on your own time. That whole court idea you have about abandoned assets can find another monkey’s ass to go up. Only state facts that lead to possible truths. Like my ESH finding. That creates a foundation to build from. I don’t give a flying fuck about anyone’s hypothesis if it’s not backed up by cases, science articles, news and actual facts and evidence. Hula Hula Cuckoo Penny
Lonza also never needed any mediation. They simply needed a name change. The addressed the wrong Lonza in the purchase agreement. Everything else remains the same. For a guy that likes to follow shit you certainly don’t know how to follow shit well. I guys that’s why people like you need people like me to do all the heavy lifting with our brilliance and determination. People like you just take the free ride like many in my past, All game until no game. Sadly my batteries don't turn off. That’s my problem. Not fun. Hula Hula Cuckoo Penny
Yes Bruce. It’s just for Bert. That’s hilarious. Snooze you lose. You need to pay attention. Hilarious. Nothing happening until 2025. Enjoy your nap. Hula Hula Cuckoo Penny
And Bruce, the abandonment was for Bert. I don’t believe they mentioned any other drug, for instance nanomabs, amiket. Where did those magically delicious drugs run off to?! Anyone?
Sounds good Bruce. Very possible. I believe still so much more to happen. Another year or more to go. I’m glad you’re seeing how this all affects the listing and this share exchange timeline. A little impossible to close by April. So far time line has been revised and we are now looking at next year with new Dec 24 2024 end date. That says it all for me. They will stretch out distribution until it’s the right time. Remember distribution needs to be given before closing for deal. So clearly you can see how that plays with date tentative closing date. Hula Hula Cuckoo Penny
Latest BK filings are minor tax issues. We are talking peanuts. A million and under talk is peanuts to me. These Israeli folk don’t like paying tax. This tax withholding issue is only one of many delay ploys coming our way. Hopefully they spruce things up with another merger attempt. This year will be full of bullshit and delays. We will have to wait and see what 4th quarter will bring. Hula Hula Cuckoo Penny
Haven’t got a clue of what you are talking about. They simply have a long process ahead of them. It can take up to several years to release funds and distribute to shareholders. This whole negotiation shit is coming from a monkeys ass. All has been approved by US judge which means shit in Israel must eventually make way. Unfortunately they can delay transfer for years. There are also still other unmentioned assets that haven’t been dealt with. There are assignments and contributions that still need to be done. There is a final report that still needs to be done. Final decree etc. There’s still that latest ongoing mediation which is a joke and obviously just another ploy to extend. This share exchange is a joke and I don’t see closure on INVO. They will continue hold onto INVO, provide it financing and watch it grow until the time is right. They now have enough capital to last until after Dec 2024.. Patiently waiting for ESH merger and then maybe some bankruptcy stuff finalizing in fourth quarter. 2025 should be the year. But like I say, these guys can stir that pot for a long time. I remember someone saying it’s more like 2026 -27. I originally thought it was a good joke statement. Their prediction is getting pretty close to the truth. Who knows right. Days are still being counted. Crazy. Almost as crazy as me. Hula Hula Cuckoo Penny
Adding more lawyers is never a good sign. And I mean never. But that’s what we expect people. We now possibly know a possible end date thanks to new financing timeline. The date is tentatively set for Dec 24th 2024. We now have plenty of time to do things. Still lots to happen in the courts. I’m still leaning towards a 2025 closing. I’m glad INVO found the ability to finance. They can use that money to expand the clinics. These guys are the best. Always thinking of Longs. It's nice that these guys are at least giving us dates again. Hula Hula Cuckoo Penny
John didn’t have to acknowledge me in the courts but for whatever reason I remember him stating that I was a brilliant legacy investor in Immune pharmaceuticals. Pretty kind of him. John has been a great longterm secured creditor for us and I have enjoyed all his contributions. He’s a smart boy. Is he a sneaky boy? For sure. No one likes paying taxes. Hula Hula Crazy Penny
What am I thinking. We’re not a SPAC. We’re just a private stand alone company. So Cytovia is definitely back on board. It’s gotta be Cytovia Therapeutics. I’ll put Naya as runner up.
“However, we are not, under our amended and restated certificate of incorporation, permitted to effectuate our business combination with another blank check company or similar company with nominal operations.”
So there goes my ESH idea. At least with for ISLEWORTH / Cytovia Therapeutics BC. I still believe that ESH company is merging with us. Probably is the Naya deal. Who knows.
Something special coming. Nice to see our value kicking up to 18 dollars a share. Not bad. Hula Hula Delusional Penny
Hilarious.
“We may engage in a business combination with one or more target businesses that have relationships with entities that may be affiliated with our Sponsor, executive officers and directors which may raise potential conflicts of interest. In light of the involvement of our Sponsor, executive officers and directors with other entities, we may decide to acquire one or more businesses affiliated with our Sponsor, executive officers and directors. Our directors also serve as officers and board members for other entities, including, without limitation, those described under the Prospectus section titled “Management — Conflicts of Interest.” Such entities may compete with us for business combination opportunities. Our Sponsor, officers and directors are not currently aware of any specific opportunities for us to complete our Initial Business Combination with any entities with which they are affiliated, and there have been no preliminary discussions concerning a business combination with any such entity or entities. Although we will not be specifically focusing on, or targeting, any transaction with any affiliated entities, we would pursue such a transaction if we determined that such affiliated entity met our criteria for a business combination as set forth in “Proposed Business — Effecting our Initial Business Combination — Selection of a target business and structuring of our Initial Business Combination “ and such transaction was approved by a majority of our disinterested directors. Despite our agreement to obtain an opinion from an independent investment banking firm, or from an independent accounting firm, regarding the fairness to our Company from a financial point of view of a business combination with one or more domestic or international businesses affiliated with our executive officers or directors, potential conflicts of interest still may exist and, as a result, the terms of the business combination may not be as advantageous to our public stockholders as they would be absent any conflicts of interest.”
Esh 10k is out. Looking good people. Hula Hula Cuckoo Penny https://www.sec.gov/edgar/browse/?CIK=1918661&owner=exclude
The door is closing. Hula hula Cuckoo Penny
For people that need help with last filing. https://www.supervizor.com/blog/sec-filings-common-mistakes-consequences
Shrink to fit is where it’s at Jass. They need to shrink everything. Distributing ( or Controlled ) must remain smaller than the acquirer at the time of merger. But please remember Jass, everything grows once it comes out of the cold water. Don’t worry Jass, I’m here if you need support. I’m back on track ready to slice and dice. We may be shrivelled now but by next year we will be engorged, warm and enjoying the good life. Don’t forget bud, you are not alone here, and I’m in the same boat as you bud. I’m just a lot more crazier than you. Stay sane. Stay you. Don’t break. Don’t quit. Quitting is easy. You will win here. Not a doubt in my mind. Hula Hula Crazy Penny
Hey Jass. All is being done according to plan. Satellos acted like a good little custodian. Alexion doesn’t like to share drug revenue with anyone. I wouldn’t want to share my drugs if they were so awesome. Homie don’t play that game. Alexion gives Bert an approval of two snaps in a circle with a twist. Later gator. Hula Hula Crazy Penny
Love this. Corporate History
We were formed on January 5, 2007 under the laws of the Commonwealth of Massachusetts under the name Bio X Cell, Inc. to acquire the assets of Medelle Corporation (“Medelle”). Dr. Claude Ranoux purchased all of the assets of Medelle, and then he contributed those assets, including four patents relating to the INVOcell technology, to Bio X Cell, Inc. upon its formation in January 2007.
On December 5, 2008, Bio X Cell, Inc., doing business as INVO Bioscience, and each of the shareholders of INVO Bioscience entered into a share exchange agreement and consummated a share exchange with Emy’s Salsa AJI Distribution Company, Inc., a Nevada corporation (“Emy’s”). Upon the closing of the share exchange on December 5, 2008, the INVO Bioscience shareholders transferred all of their shares of common stock in INVO Bioscience to Emy’s. In connection with the share exchange, Emy’s changed its name to INVO Bioscience, Inc. and Bio X Cell, Inc. became a wholly owned subsidiary of Emy’s (re-named INVO Bioscience, Inc.).
On November 2, 2015 we were notified by the United States Food & Drug Administration (“FDA”) that the INVOcell and INVO Procedure were granted clearance via the de novo classification (as a Class II device) allowing us to market the INVOcell in the United States. Following this approval, we began marketing and selling INVOcell in many locations across the U.S. We currently have approximately 140 trained clinics or satellite facilities in the U.S. where patients can receive guidance and treatment for the INVO Procedure.
God is good. What a country. I will take that. Thank you very much Tep. Like little Oliver asks Mr. Finnigan,…..Please some more. I want some more.
Funding only till December 2024. Yikes. “Our ability to sell shares to Triton and obtain funds under the purchase agreement is limited by several factors, including but not limited to the fact that the purchase agreement terminates on December 21, 2024”