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PRED's BOD did meet in Salt Lake on Tues and Wed, all the Directors attended, I was going to fly down on Thursday but am now boarding an international flight to meet some people.
I am one of many MDs in LDJ, but we don't manage $13 trillion.
Invited...
I have been busy. I'm at an international airport flying to meet some people. Stay tuned.
PRED is not required to lay out any other game plan than what they have already announced and will announce. Their attorneys previously advised to not waste time or resources except on executing their business. They are addressing the IR and PR matter and agree.
I'm not affiliated with an investment company that controls or manages 13 trillion dollars. Let's get our feet back on planet Earth and watch forthcoming PRED's announcements, and I suggest those interested in rereading prior press announcements. PRED's Board of Directors meets next week in Salt Lake.
I spoke with PRED management today and there was a laugh that NASDAQ has declined its listing on NASDAQ.
Hindenburg is a tool only, the real money is brokers and hedge funds. See my other post for a more detailed schematic of the Fraudsters workings.
No they can not buy anyone at NASDAQ unless that employee wants to go to prison...
If an offer to buy PRED were tendered today, an offer of $3+ billion cash and or stock in another global public company - the Board of Directors and controlling shareholders would decline. I know this first-hand but that's all I can say. And there are not only one but likely several interested in acquiring PRED. Illumina is not a buyer for sure...
As of this date, we have not received shares from PRED and the only shares we hold we purchased on the market. Obviously, there is a relationship as I and others were at NASDAQ and in Hong Kong with PRED management. We have many specific compounds and therapeutics and are keenly interested in two of PRED's technologies.
OTC - PRED - Predictive Therapeutics Group - Hedge Funds and Boiler Rooms of Disinformation and PRED's Valuation Determination
I don't have an inside track but know enough from publically available information what this company is doing (and our life science analytics professionals we retained to weigh and value each of its many parts.
We have carefully investigated women's health therapeutics and genetics in the United States, Europe, and Greater Asia. All one needs to do is look and consider the Board of Directors, the management team (growing with seasoned life science executives) and the expanding clinical net across the U.S., it's rather clear where the company is going both domestically and internationally.
The valuations on PRED mandates were carried out by a global team at Clarivate Analytics, and their Cortellis intel teams using their base on life science therapeutics and company valuations. Most importantly, we were able to determine not only valuations but weigh and measure various PRED IP and products within the global markets, and from that data, we arrived at a multi-billion dollar valuation for PRED. That was twelve months ago, and they have accelerated and added additional intellectual properties, collaborative opportunities and filed perhaps two dozen more patents globally. Google Clarivate and Cortellis, and you start to understand how complex and valuable their research tools are to determine the value of any specific therapeutic or an entire portfolio of intellectual properties that PRED holds. We pay over $80,000 per year for these services and tens of thousands more for each target diagnostic or therapeutic as we did for PRED.
The Shorts are another matter and are a criminal conspiracy of hedge funds, brokers (in Israel and Wall Street) among others. They have gotten away with stealing shareholders wealth by fraudulent market manipulation and annually profit by billions and billions. However, days of reckoning awaits the Fradusters by way of civil penalties and some criminal indictments. They have many of the negative commentators on this blog in their employment, e.g., primarily electronic boiler rooms generating disinformation.
The hedge funds are also owners in the Depository Trust Company where there are multiple loop-holes to perpetuate the naked shorting and carry-out attacks on companies like PRED. Hindenburg, Seeking Alpha, and others are their tools to target and manipulate a company's stock. It's a conspiracy as defined by the RICO statutes in California and many other states. PRED was a perfect target, and their greed was too great to resist making hundreds of millions. However, pigs do get slaughtered, and their trades and naked shorts have been tracked and known over the last three months.
Many of you may have recently observed the increasing claims of fraud committed by PRED's management, increasing irrational claims of Board of Director's fleeing the company, all to create a narrative that the company id noting more than a shell game and full of about to be arrested management. The shrill has increased because the Shorter are becoming more desperate to cover their shorts and return their DTC borrowed shares and fees. The shorts are not desperate but operating by a tested and validated playbook to damage and discredit PRED. The problem they are having is the company keeps making announcements and increasing sales and collaborations with highly reputable companies and organizations — Preeclampsia Foundation, Thermal Fischer, and other global life science entities.
These funds and brokers (Fraudsters) are a direct threat to the American free enterprise system, destroyer a company's capital and therefore innovation, are a threat to national security, and America's international competitiveness. The Fraudster's lobbyist is in their pockets, and they have the capital, as necessary, to purchase politicians in Washington to keep from being regulated or become accountable. What they can not buy is all the United States State Attorney Generals.
PRED
I don't have an inside track but know enough from publically available information what this company is doing and our life science analytics professionals we retained to look at PRED) have closely looked into women's health therapeutics and genetics. Really all one needs to do is look and consider the Board of Directors, the management team (growing with seasoned life science executives) and the expanding clinical net across the U.S., it's rather clear where the company is going both domestically and internationally.
The Shorts are another matter and are a conspiracy of hedge funds, brokers (in Israel and Wall Street) among others. They have gotten away with stealing shareholders wealth by fraudulent market manipulation and annually profit by billions and billions. However, days of reckoning will arrive by way of civil and criminal indictments.
The hedge funds are also owners in the Depository Trust Company where there are multiple loop-holes to perpetuate the naked shorting and carry-out attacks on companies like PRED. Hindenburg, Seeking Alpha, and others are their tools to target and manipulate a company's stock. It's a conspiracy as defined by the RICO statutes in California and many other states. PRED was a perfect target and their greed was too great to resist making hundreds of millions. However, pigs do get slaughtered and their trades and naked shorts have been tracked and are known over the last three months.
[url]
https://www.investopedia.com/terms/d/dtc.asp[/url][tag]Depository Trust Company[/tag]
These funds and brokers (Fraudsters) are a direct threat to the American free enterprise system, destroyer a company's capital and therefore innovation, are a threat to national security, and America's international competitiveness. They will hire every lobbyist and buy every politician in the country to keep from being regulated or become accountable. What they can not buy is all the United States State Attorney Generals.
Why NASDAQ and Not the NYSE?
I asked the same question why NASDAQ a year ago and was told because PRED's Global Experienced Board of Directors wanted to keep the strategic options to list on other foreign exchanges open, NASDAQ was chosen. I know NASDAQ is aware of the other foreign listings possibilities because I was in the meeting at NASDAQ two weeks ago (I took the picture of Bradley Robinson being shown where listed companies "Ring the Bell") and I was in the meetings in Hong Kong twice in June and July and will be in those Hong Kong meetings next month. To my knowledge, PRED has not decided to list on foreign exchanges which are Board of Director's decisions. BTW John Edwards is a friend and he runs the LSE AIM companies listings.
You have to see the big picture, and how about Thermal Fisher's $20+ million (with Illumina going to $100+ million) new state of the art processing and genetic equipment installed at PRED's University of Utah laboratory. One could logically ask why would TF do that if PRED's such a loser? lol
Illumina
Thermo Fisher Stem-cell-research
Thermo Fisher Gene Expression and Profiling
Thermo Fisher Genotyping and Genomic and Profilin
Why NASDAQ and Not the NYSE?
I asked the same question a year ago and because PRED's Global Experienced Board of Directors wanted to keep the strategic options to list on other foreign exchanges open, NASDAQ was chosen. I know NASDAQ is aware of the other foreign listings possibilities because I was in the meeting at NASDAQ two weeks ago and I was in the meetings in Hong Kong twice in June and July and will be in those Hong Kong meetings next month. To my knowledge, PRED has not decided to list on foreign exchanges which is a Board of Director's decision. BTW John Edwards is a friend and he runs the LSE AIM companies listings.
Negative attention is one matter, organized criminal naked and counterfeit shares and market manipulation is another.
PRED will be valuable but I seriously doubt it will become one of the world's leading life science companies - that is a long and winding road. The more reasonable approach is they will be acquired or merge with another global in 3 to 5 years.
But if we stick to the fundamentals and understand management and its Board are seasoned and have the skillset and (and world-class external legal and financial service providers) to build significant value.
PRED EV close of 2019 between $25 to $30
Sorry for the late response.
We see PRED at $28 based on our valuation of similar companies with a multiple of therapeutics in pre-FDA IND status. This is not back of the envelope but a detailed evaluation of PRED's announced portfolio of diagnostics, its announced global collaborations, and new IRB approved therapeutics.
PRED's a bit harder to value because not only do they supply over 1,100+ clinics with regenerative tissue products, they have a growing portfolio of synergistic diagnostic-therapeutic-new IP in development. They keep announcing details and then the announcement is followed-up with the staffing to execute.
Then there is the IP within Dr. Ward's published research papers that will be presented at ASRM in September. We know something about this technology and space as we have a Nobel in Medicine and other world-class researchers within our companies that are non-related to PRED. Anyone who says PRED does not have science is blind or one of the SHORT FRAUDSTERS like LL.
The other unknown but obviously ongoing is other companies are coming to PRED to collaborate with FDA Phase 1 and 2 and 2b therapeutics. They come to PRED because of its Board and PRED having resources to invest - my insight is PRED can dial 911 for significant cash at will. Many lose sight that John Sorenteno was COO of Pfizer and running $34 to $38 billion of Pfizer business unit(s). Why would other therapeutic technologies come to PRED? Simple because their law firm is WSGR, the world's leading life science law firm which I have posted comments about on this blog. WSGR is also one of the greatest match-markers in the history of any law firm, they incorporated Google, Sysco, Oracle, eBay, and a zillion other name brand tech and life science companies. I personally know Mario Rosati (WSGR founder) and I assure if any number of Hindenburg's report was right, WSGR would not represent PRED - no way in hell would they. Why would WSGR allow one of its attorneys to sit on PRED's Advisory Board and open itself up to litigation - they would not. Logic also dictates that NASDAQ would not have met with PRED's CEO for three hours nor showed PRED and group around its building and specifically taken Bradley Robinson to see where newly listed companies Ring the Bell. I was there and took those pictures. I think that was positive and we feel the story will soon be told.
We are holding and will take some of our equity off the table at $25 to $30 per share and we have substantially more shares than most on this blog.
I spoke with someone very famous yesterday and today, they are shareholders in PRED and are making a public statement, as soon as tomorrow that will discredit Hindenburg and the SHORTs on this and other blogs.
300,000 DNA samples that the Company...
Thermal Fischer was very impressed in PRED's DNA library and it's far more than 300,000. This is one of the many reasons TF announced and entered into a global collaboration - with a pink sheet and that is quite unusual.
Wall Street, Connected and Angry Shareholders, Hong Kong - and I am not MIA, I have a life and companies to run.
Stay tuned for more press on PRED, they won't tell me details but they are building the company. I have requested to post a picture of Bradley Robinson in Hong Kong to let you shareholder's run wild with speculation. I am closely acquainted with one well-known chap (not inside PRED) and assure those Hong Kong meetings were serious.
China has 74 million diagnosed women with Endometriosis and is fast becoming the world's largest pharmaceutical market. The 24 million U.S. women who are Endometriosis systematic juxtaposed to China's 74 million women diagnosed with endometriosis is an important story. Can you PRED shareholders connect the dots?
Seems there are some other rather wealthy well placed and equally angry share-holders that are directly connected to the regulatory enforcement (SEC) and with levers and relationships into the White House. I have learned I am not alone in my quest to have Hindenbur's fraudster(s) heads spiked on a stick outside PRED's labs and executive office windows. Of course, this is figurative free speech and I like any PRED shareholders would never condone these fraudsters to be physically hurt in any way, as sad an event that might be.
Not sure which news channel will be doing a round table on OTC and shorts, e.g., specific to PRED and Hindenburg (Sen. Hatch is on PRED's Board) but seems people with connections and life-long relationships are active.
To add a wee bit of spice to the PRED soup, I had breakfast with one Wall Street's highly seasoned and well-known anchors last week (Brad Robinson was not at this breakfast). This anchor was quite interested in the PRED story and seemed quite willing to organize a show around this specific 'hit-job' showing a lack of (FINRA and SEC) regulatory oversight and enforcement. It is newsworthy that a market manipulator was able to fabricate, mislead, and falsely take down a company's market cap by $1.2 billion. This same anchor said if this had happened to a NASDAQ listed company - the FBI would have already raided their offices and homes.
Trades are booked and accounts settled daily - stops much of the market manipulation. FINRA, SEC and NASDAQ AI is real time monitoring trades and have a war-chest of electronic (AI) tools specifically seeking out market manipulators and will suspend brokers quickly and even fine or refer them to the SEC and or U.S. Attorney for prosecution.
People Are Not Selling PRED - Here is What The Conspioricy Brokers are Doing to Short Predictive:
There are five brokers - they all communicate after the close of trading, for their next day's conspiracy to market manipulate the stock down to X price. These communications are or will soon be in the hands of the SEC.
First Broker Places a Sell for X shares, then Broker two does the same at a lesser value until all five have placed successive sell orders at decreasing share prices - they conspire to walk the stock down thus making profits from their short positions. In effect, they then re-purchased the stocks from us victims’ accounts or market at, or below-market prices.
The five brokers, in fact, do not actually own the shares they are selling to one another, nor have they borrowed these shares. This is known as naked shorting and is at the heart of these brokers stock manipulation scheme.
This conspiracy is carefully scripted and has is a known long used manipulation scheme by short-selling brokers and hedge funds - and is specifically carried-out to shake and then break investors’ confidence.
On the OTC brokers do not clear (settle) their trades the day after the trades but have 30 days to settle - this allows them the opportunity to orchestrate and implement a co-conspiracy to short the stock (wash trading) with shares they do not own (no downside risk) and only acquire PRED shares for a significant no-risk profit because they forced and or created enough fear for shareholders to sell.
This is conspiracy is easy to identify because one need look at the opening of PRED and see these five brokers walk the stock down with their Canadian off-shore broker partner. Having an off-shore conspiring partner hinders and SEC and or criminal investigation.
Once they start walking the stock down they start covering their shorts at the price reductions they have created with shares that do not exist. They do not always walk the stock down but wait days for it run up so they can again walk it down with shares they do not actually own.
In fact, the last conspiracy broker to trade lowest on any day need not deliver the shares to cover and no "fail to deliver" complaint is filed with the exchange - in this way they do not even need to own shares but traded and all together engaged in walking-down PRED "Counterfeit stock".
Two days before the Hindenburg Report, brokers at Fidelity were urgently contacting significant PRED shareholders asking to PRED shareholders to "loan" them substantial PRED shares so they could cover the coming short positions, e.g., My conclusion is certain traders within Fidelity had prior knowledge of the Hindenburg Report and were taking advantage of us PRED shareholders. Fidelity did not say they urgently needed shares to cover the coming shot positions but there is no other reason to have called shareholders.
The difference between the conspiracy brokers and Hindenburg is the later announced its intention to make a substantial profit from their market manipulation and fraudulent report. See blow Seeking Alpha comments.
The conspiracy brokers recycle the same shares (washing naked shares) and in the end, only have to cover the last traded walk-down share volume. It has not been determined if Hindenburg is part of the conspiracy brokers but my sources believe it is more than likely.
Short conspirators especially like to target emerging biotechnology stocks like PRED that are engaged in high-risk drug development and are not widely covered by quality research analysts.
They specifically use ready platforms afforded by the internet and social media, a blogger associated with the shorts goes to work with a negative interpretation of a real or fabricated event. These are usually not sophisticated analyses and are usually limited to one or two pages of text which is invariably one-sided and unbalanced. These are meant to provide “intellectual” reasons and cover for the short attack.
In reality, why would any blogger spend the time on a social media site bashing a stock - only if they have a financial interest in having created negative news or events, and false information to meet their financial and in this care conspiracy objectives. A stock's weakness on the OTC gives legitimacy to the contrived negative blogs. The idea is to create fear and uncertainty among investors by making all news events appear to be negatives and to fabricate new issues that the shorts hope will demoralize us PRED investors.
Seeking Alpha has become very friendly to articles supporting short selling and is used extensively by the short sellers and market manipulators. Seeking Alpha actually promotes several of its favorite authors that write only negative attack article on companies in which they claim that managements are lying and paying authors (even I have now been accused as being paid by PRED) who have a positive view on the PRED. Hindenburg disclosure states that he shorts stocks, then publishes a negative article on Seeking Alpha and states that he may cover immediately after the article is published. This seems to meet the definition of a pump and dump scheme but not by PRED's major shareholders or management. Hindenburg even acknowledged collaborating with other short-sellers.
Seeking Alpha allows articles to be published by anonymous authors. These articles are often extremely bearish and are almost certainly written by people at hedge funds and short brokers acting for Hedge Funds and their own account.
NASDAQ has a fiduciary obligation first to all its traded companies and all those shareholders. The process of listing on NYSC or NASDAQ is a serious undertaking.
While I appreciate your pain and frustration, NASDAQ has to get it right, and must complete their internal review of any applicant submission (Form 10), and gather any and all information necessary to comply with the listing regulations, not to mention FINRA and SEC laws and disclosures.
Surely NASDAQ has requested clarification (it is mandated in the listing due-diligence process, which is linked below) to review and gather responses from Predictive and other sources to the Hindenburg report. What I did learn is Hindenburg is known to NASDAQ and not in a favorable or positive light.
My insight tells me that review is near completion but certainly no NASDAQ official would have been allowed to reveal those details, in fact, the compliance team can not meet with Predictive but other officials can and have. Those meetings were not negative is all I can say.
One logical observation, why would Bradly Robinson take a company, alleged to be ripe with misrepresentations and bad deeds, to become listed on a much stricter exchange? Why go through the millions of dollars and months and months of human resources, assemble a world-class Board and management team, invest days and nights over 15 months of hard work, all to file false and misleading statements (BTW statements that are audited and reviewed by law firm after law firm, auditors, and highly reputable wall street firms) with the aim to try and get away with a fabrication? It's not logical. Do you know why? Because none of the allegations are accurate but for the manipulation of the market and profit.
That's my take for the moment, hope it helps you to hold and continue to be a shareholder.
Stockboy,
I appreciate your timeline of an approved NASDAQ listed company.
Bradley Robinson, PRED's CEO was not interviewing with CNBC the day he visited with NASDAQ officials, there were other meetings with media and of institutional financial importance, some details of which I understand may soon become known from Predictive.
Bradley Robinson and others did meet with NASDAQ, after which he was shown where the listed companies "Ring the Bell". Again, his smile is apparent in the many photographs I personally took while officials were present.
The speculation and hype of an immediate listing from photographs are silly, and it suffices to say the company is executing its specific business plans as approved by its world-class Board and management team.
Even so, this and other messaging boards miss the fundamentals of the company, it’s disclosed and undisclosed IP and the global marquee fact that it is represented by one of the world's leading life science law firms - Wilson Sonsini Goodrich and Rosati (WSGR). More importantly one of WSGR's attorney sits on Predictive Advisory Board. Perhaps worth mention that prior to Google's IPO a WSGR attorney sat on Google's Advisory Board, and there are many others like situations for global companies.
See: https://www.wsgr.com/WSGR/Default.aspx
See WSGR's Summer 2019 global life science report here:
https://www.wsgr.com/publications/PDFSearch/life-sciences-report/Summer19/medical-device-biotechnology-companies.htm
See WSGR's Winter/Spring 2019 global life science report here:
https://www.wsgr.com/publications/PDFSearch/life-sciences-report/Winter19/medical-device-biotechnology-companies.htm
Hindenburg was pure market manipulation by "shorts consisting of a group of brokers" who committed civil (if not criminal) conspiracy and fraud. The company's attorneys are managing this matter while management focuses on its business, its customers, building its laboratories with the latest state of the art equipment, compliance, and regulatory teams. I have personally spoken with the SEC on this matter as well and will be meeting with SEC lead attorneys in the coming weeks.
I have it on good authority that the Preeclampsia Foundation did retain a well known outside law firm to investigate the allegations within the Hindenburg report - after which the same law firm concluded the Predictive and Preeclampsia relationship should proceed and a press announcement soon followed. Another outside law firm concluded the allegations were false.
From what I witnessed, and because I believe in facts rather than speculation, the company will be listed on NASDAQ. Neither anyone nor I know if that listing is imminent next week, the week after, etc. My best guess is sooner than later noting that the company has fully complied with the requirements to be listed, and will continue to do so.
More interestingly there are many self-appointed experts that have as of yet taken the time to read and understand the requirements to list on NASDAQ, nor appreciate the significant expense and commitment of internal and professional resources required to complete the listing requirements which Predictive has completed.
These same NASDAQ listing requirements follow in the link below, and if the Hindenburg allegations were true, Predictive and its representatives would not be in meetings with or at NASDAQ.
http://nasdaq.cchwallstreet.com/NASDAQTools/PlatformViewer.asp?selectednode=chp%5F1%5F1%5F4%5F4%5F8%5F3&manual=%2Fnasdaq%2Fmain%2Fnasdaq%2Dequityrules%2F
Again, we are not selling a single share and staying for the long term benefits of owning equity in what we believe will soon become a global therapeutics company with significant global revenue. This is not speculation but from a hard review of the facts and the team within Predictive.
Again, I comment that Bradly Robinson has not sold one share of PRED in the last two years, which is disclosed within the FORM 10 requirements.
No Predictive Officer or Director has requested, directed, or authorized me to provide commentary on this or other message boards. My motivation is truth and transparency so others are not subjected to past or other's false (self-interest) allegations that have resulted in financial harm to PRED's shareholders. I know the company's management and Board with whom I have spoken have expressed the same concerns in many conversations.
One of the last places market manipulators and criminals can freely operate is within the OTC by fabricating and misrepresenting facts to strike fear among small shareholders so they can, in fact, steal their money by fraud. A $1.2 billion hit on the market cap of Predictive has not gone unnoticed by the SEC and as I understand the FBI. The brokers who participated are known, as are the two national brokerages that participated through the same brokers. It appears therein may be substantial assets from which a shareholder's class of plaintiffs to recover losses.
I personally took this picture and the other pictures.
Predictive Technologies Group, Inc. NASDAQ Listing Compliance Requirements
The reality for commentators who pretend they are somehow on the inside and or have knowledge or information about PRED follows:
The below link is to the requirements to apply for, to be approved for listing, and remain a NASDAQ listed company.
The required compliance and disclosures to submit for listing are highlighted below, e.g., these are the same requirements that PRED complied with to file their Form 10 and subsequent disclosures and financials.
To misrepresent, misstate, and or to hide any material facts is illegal and a violation of the SEC and U.S. Federal securities laws.
The insider share manipulators on this blog, are using the common shareholder's lack of understanding of the NASDAQ listing process to create fear by making misleading and fraudulant statements so they may directly SHORT and profit from other losses.
The following link will tak you to the specific requirements PRED had to comply with and provide to list on NASDAQ., e.g., FINRA, NASDAQ, and the Securities Exchange Act of 1934 as amended rules (SEC):
http://nasdaq.cchwallstreet.com/NASDAQTools/PlatformViewer.asp?selectednode=chp%5F1%5F1%5F4%5F4%5F8%5F3&manual=%2Fnasdaq%2Fmain%2Fnasdaq%2Dequityrules%2F
For ease of understanding that the inaccurate and market manipulation statements are false, I direct you to the following sections:
1012. General Application Provisions
(c) Duty to Ensure the Accuracy, Completeness, and Current Nature of Membership Information Filed with the Exchange
(1) Each Applicant, Member, and Associated Person shall ensure that all membership information they file with the Exchange, including but not limited to their application forms and all information they file in support of their applications under Rules 1013 and 1017, is accurate, complete, and current at the time of filing.
(2) Each Applicant, Member, and Associated Person shall ensure that their membership applications and supporting materials filed with the Exchange remain accurate, complete, and current at all times by filing supplementary amendments with the Department, as necessary. Such amendments to the application shall be filed with the Department not later than 15 business days after the Applicant, Member, or Associated Person learns of the facts or circumstances giving rise to the need for the amendment. The Applicant, Member, and Associated Person shall promptly notify the Department in writing of any material adverse change in its financial condition.
1013. New Member Application
(2) When an Application is Deemed to be Filed
1014. Department Decision
2100. General Standards
IM-2110-4. Trading Ahead of Research Reports
IM-2110-5. Anti-Intimidation/ Coordination
2120. Use of Manipulative, Deceptive or Other Fraudulent Devices
2130. Nasdaq Ownership Restriction
2140. Interfering With the Transfer of Customer Accounts in the Context of Employment Disputes
2150. Customers' Securities or Funds
IM-2150. Segregation of Customers' Securities
2160. Restrictions on Affiliation
(a) Except as provided in paragraph (b):
(1) Nasdaq or any entity with which it is affiliated shall not, directly or indirectly, acquire or maintain an ownership interest in, or engage in a business venture with, a Nasdaq member or an affiliate of a Nasdaq member in the absence of an effective filing under Section 19(b) of the Act; and
(2) a Nasdaq member shall not be or become an affiliate of Nasdaq, or an affiliate of an entity affiliated with Nasdaq, in the absence of an effective filing under Section 19(b) of the Act.
The term "affiliate" shall have the meaning specified in Rule 12b-2 under the Act; provided, however, that for purposes of this Rule, one entity shall not be deemed to be an affiliate of another entity solely by reason of having a common director. The term "business venture" means an arrangement under which (A) Nasdaq or an entity with which it is affiliated, and (B) a Nasdaq member or an affiliate of a Nasdaq member, engage in joint activities with an expectation of shared profit and a risk of shared loss from common entrepreneurial efforts.
IM-2210-1. Guidelines to Ensure That Communications With the Public Are Not Misleading
Members and persons associated with a member shall comply with NASD Interpretive Material 2210-1 as if such Rule were part of Nasdaq's rules.
2261. Disclosure of Financial Condition
Nasdaq Members shall comply with FINRA Rule 2261 as if such Rule were part of Nasdaq's Rules.
2262. Disclosure of Control Relationship with Issuer
Nasdaq Members shall comply with FINRA Rule 2262 as if such Rule were part of Nasdaq's Rules.
2269. Disclosure of Participation or Interest in Primary or Secondary Distribution
Nasdaq Members shall comply with FINRA Rule 2269 as if such Rule were part of Nasdaq's Rules.
2310A Direct Participation Programs
(a) Nasdaq Members and their associated persons shall comply with FINRA Rule 2310 as if such Rule were part of Nasdaq's Rules.
2370. Borrowing From or Lending to Customers
Nasdaq Members and persons associated with a member shall comply with FINRA Rule 3240 as if such Rule were part of Nasdaq's Rules.
2852. Reporting Requirements
(a) Each member shall file with Nasdaq Regulation a report with respect to each account in which the member has an interest, each account of a partner, officer, director or employee of such member, and each customer account of the member, which has established an aggregate position of 100,000 index warrants on the same side of the market in an index warrant issue listed on Nasdaq, combining such index warrant position with positions in index warrants overlying the same index on the same side of the market traded on Nasdaq or another national securities exchange.
(b) Such report shall identify the person or persons having an interest in such account and shall identify separately the total number of each type of index warrant that comprises the reportable position in such account. The report shall be in such form as may be prescribed by Nasdaq Regulation and shall be filed no later than the close of business on the next business day following the day on which the transaction or transactions necessitating the filing of such report occurred. Whenever a report shall be required to be filed with respect to an account pursuant to this Rule, the member filing such report shall file with Nasdaq Regulation such additional periodic reports with respect to such account as Nasdaq Regulation may from time to time prescribe.
3000. Responsibilities Relating to Associated Persons, Employees, and Others' Employees
3010. Supervision
(a) Each member shall establish and maintain a system to supervise the activities of each registered representative and associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations and with applicable Nasdaq rules. Nasdaq members shall comply with NASD Rule 3010 as if such Rule were part of Nasdaq's Rules. Nasdaq and FINRA are parties to the Regulatory Contract pursuant to which FINRA has agreed to perform certain functions on behalf of Nasdaq. Therefore, Nasdaq members are complying with Nasdaq Rule 3010 by complying with NASD Rule 3010 as written, including, for example, filing requirements and notifications. In addition, functions performed by FINRA, FINRA departments, and FINRA staff under Nasdaq Rule 3010 are being performed by FINRA on behalf of Nasdaq.
3011. Anti-Money Laundering Compliance Program
Nasdaq Members and persons associated with a member shall comply with FINRA Rule 3310 as if such Rule were part of Nasdaq's rules.
3030. Outside Business Activities of an Associated Person
(a) Nasdaq Members and persons associated with a member shall comply with NASD Rule 3030 as if such Rule were part of Nasdaq's Rules.
3050. Transactions for or by Associated Persons
Nasdaq Members and persons associated with a member shall comply with NASD Rule 3050 as if such Rule were part of Nasdaq's Rules.
IM-3310. Manipulative and Deceptive Quotations
Rule 2110 provides that:
A member, in the conduct of his business, shall observe high standards of commercial honor and just and equitable principles of trade.
5800. Failure to Meet Listing Standards
5801. Preamble to the Rules and Procedures Applicable When a Company Fails to Meet a Listing Standard
Securities of a Company that does not meet the listing standards set forth in the Rule 5000 Series are subject to delisting from, or denial of initial listing on The Nasdaq Stock Market. This Section sets forth procedures for the independent review, suspension, and delisting of Companies that fail to satisfy one or more standards for initial or continued listing, and thus are "deficient" with respect to the listing standards.
The Listings Qualifications Department is responsible for identifying deficiencies that may lead to delisting or denial of a listing application; notifying the Company of the deficiency or denial; and issuing Staff Delisting Determinations and Public Reprimand Letters. Rule 5810 contains provisions regarding the Listing Qualifications Department's process for notifying Companies of different types of deficiencies and their corresponding consequences.
I do not represent PRED, not their lawyer, and please read my postings carefully.
You are correct that no one can take pictures within NASDAQ (pass through security and into their upstairs conference rooms) without permission to do so.
The "never sold nor bought" is because in a class litigation seeking damages, and affirmed in any filed complaints to the SEC, one can not claim to have been financially harmed if one had, in fact, profited by buying shares at the market manipulated depressed value created by the fraudulent statements from the individuals you are litigating.
"Clean Hands" is a specific legal concept, and where was it said Brad Robinson's trip to Hong Kong was related to a listing? And Brad Robinson was in Hong Kong.
China is fast approaching to become the largest pharmaceutical market in the world and Thermal Fischer's sales in China are greater than in the U.S.
Please read my post carefully. I'm not dodging your question or proposed insights, I decided after legal considerations that PREDs CEO visiting NASDAQ was important in view of the fraudsters at Hindenburg, and the small shareholders. The truth is Brad Robinson has stated to me and others his concerns for small shareholders and the employees who have been damaged by people who are criminals in both deeds and acts.
I disagree with anyone who says they have access to NASDAQ decisions about any company in NASDAQ listing review. If this were true there would be no market integrity.
With all respect, no one at Merrill knows the specific details and or PRED's NASDAQ approval status which can only be announced by NASDAQ and PRED.
My belief is PRED will or has been approved but the NASDAQ complience team nor Board has leaked such information. This rarely happens and is in fact a crime because it's insider information.
Time for some reality, truth and integrity on this blog.
...nor have we bought any shares since Hindenburg's Hit Job because we want absolute clean hands by not having profited from criminal acts, market manipulation, and the fraud perpetrated upon small shareholders. I have personally spoken with enforcement attorneys at the SEC, and there are levers of government and private citizen shareholders who will persue Hindenburg and its operative Canadian and U.S. brokers all the way to Belarussia.
Clarifying, we have not sold one share...
I WAS ASKED THE FOLLOWING QUESTION:
"Do these pictures mean PRED is being listed on NASDAQ?
My Reply:
- This picture shows, Mr. Robinson being shown where newly listed NASDAQ companies "Ring The Bell".
As you can see, Mr. Robinson is smiling.
NASDAQ is a serious global organization and does not have time for market manipulators and Hindenburg fraudsters. They take their fiduciary responsibility to investors share capital (holding trillions of dollars) with the highest integrity and transparency.
Obviously, if one were to apply the slightest common sense, it mandates an understanding that no NASDAQ senior management would have met with Mr. Robinson if Hindenburg's alligations were accurate.
Predictive has complied with NASDAQ and SEC's requirements to list, and I and others as shareholders am confident Predictive's Board and Seasoned Pharmaceutical Management will continue to fullfill its duties and obligations to its shareholders, of which I, my family, and many close friends are among.
Those who understand the world-class value of this company's assets and its value in a number of disease and therapeutics areas will stay the course.
Brad Robinson nor any management authorized this post or any previous posts, nor do I as a sharehold have to be quite nor silent.
We have sold any shares and will not because we beleive with good reason the underlying science, filed global pending and issued patents will create a company far greater than today.
Also, Brad Robinson has not sold one share nor bennifits from PRED acquiring companies.
The link works and the pictures were taken by me today at NASDAQ.
https://photos.app.goo.gl/2hVjKThpTm5ufmvJ8
Predictive Technologies Group, Inc. CEO Bradley Robinson being shown the "Bell" is at NASDAQ, New York City August 15, 2019.
https://photos.app.goo.gl/2hVjKThpTm5ufmvJ8
Predictive Technologies Group, Inc. CEO Bradley Robinson being shown the "Bell" is at NASDAQ, New York City August 15, 2019.
https://photos.app.goo.gl/2hVjKThpTm5ufmvJ8
Oh, it is real and we are serious. We first-hand know a huge wrecking ball is about to shatter Hindenburg's house - and its about time too.
Hindenburg Investment Research "Hit-Job" CIVIL and CRIMINAL RICO
Formerly posted on Yahoo Finance on or about July 14, 2019
I, several associates, close friends, and my family trust are shareholders in PRED, upon reading Hindenburg Investment Research "Hit-Job" yesterday morning (Friday, July 12, 2019), I immediately flew to Salt Lake City (wheels down at 1 PM) and arrived at Predictive Technologies (PRED) offices unannounced to speak with senior management. I have extensively interacted with PRED's CEO and several of its management over the past 2+ years. I know PRED's new Chairman and former Pfizer COO responsible for $37 billion of Pfizer's business. I know Predictive's law firm, (WSGR.COM) which is the world's leading life science law firm, if not the world's leading technology law firm. I know Mario Rosati, one of WSGR's founding partners. WSGR incorporated and represents many of the world's technology companies, e.g., Google, Apple, HP, eBay, Oracle, Sysco, and on and on. WSGR does not represent companies that act or conduct business described in yesterday's "Hit-Job".
I found a very active office, and while sitting in their reception area I could see through the closed blinds there was a large group of individuals in PRED's boardroom, there were many who appeared to be attorneys and several bankers, and someone from JP Morgan (I have his card and an hour later I obtained the card of a senior partner from a quite serious litigation law firm). While I do not know the details of those meetings, I can say they were serious people and anyone who has been around serious litigation can feel the atmosphere. The company is preparing a statement and is going to react but they are not going to play to false allegations in the media but likely in the courtroom.
Another example is Dr. Rick Obrey and Southwest's Pain and Spine selling their patient data to PRED is ridiculous. Consider a successful medical practice with 13 accomplished physicians with 12 separate clinics (Johns Hopkins University School of Medicine, Mayo School of Graduate Medical Education, Harvard University, Beth Israel Deaconess Medical Center, Mayo Clinic, Loma Linda University, Tulane University School of Medicine, Stanford Medical, University of Louisville School of Medicine, University of Virginia School of Medicine, etc. doctors) colluding to circumvent very strict Federal HIPAA patient confidentiality laws and risk immediate sanctions by the State of Utah, the U.S. Federal Government, and loss of medical licenses and sanctions by the American Medical Association. The reality is there is an independent IRB (Institution Review Board) approved clinical study that was prepared by one of the nation's leading IRB consultancies and this study's protocol and agreement with PRED does not disclose any patient names or information. They announced reaching 200 participants in the study. The Hit-Job could have and should have known the allegations are false and misleading. Google southwestspineandpain
However, I am not a director nor officer and I can act independently as a shareholder. Based on what I witnessed and first-hand knowledge, the information, and discussions with Mr. Robinson and two other senior management, I have taken the decision, and my family's trust, to file tens of millions (actual damages and seek punitive damages in the hundreds of millions) suit against Hindenburg and brokers and their respective firms who conspired to manipulate the market and PRED's share price, e.g., Hindenburg's management, owners, and investors individually.
We will also work with and have started contacting other Hindenburg targets to join another litigation to demonstrate the pattern under RICO.
We have other pending litigation, one is a $470 million claim, costing over $13 million and production of 1.3 million pages of documents. We will not accept a settlement or retraction but will take this to its conclusion in court.
We have independent information and believe there is a group of brokers (several within national name brand brokerages) against those that have colluded together to short this company, and with shares and positions, they do not own. One such brokerage was desperately trying to rent of borrow shares (over $50 million) yesterday morning minutes after the Hit-Job - we know this directly.
I can easily support the litigation costs and will have retained one of the world's top litigation firms (before the end of this day) to file suit for market manipulation, etc.
We will soon post an email address for other shareholders to provide their damages and information. PRED shareholders that qualify and have suffered a loss from the Hit-Job will be invited to become Plaintiffs, forming a class. Our lawyers and team (former SEC attorneys, a former CEO of one of the world's leading brokerages, and a former senior officer of NASDAQ will be meeting with the SEC early next week, and we will coordinate our litigation information with SEC attorneys. We have also requested a meeting with the U.S. Attorney and believe a criminal referral is likely.
We have determined enough facts to demonstrate (to a jury) the Hindenburg report contained not only misleading and false information (statements that are easily disprovable) but statements that underlay a conspiracy that is both civil and criminal under RICO.
We will have our lawyers and media firm posts on this and other forums on how to contact and enroll as Plaintiffs in this anticipated litigation. There will be no cost to support the litigation of becoming Plaintiff's as we have already allocated over $10 million to support legal actions.
We are not selling and holding. For example in PRED's Form 10 filed with the SEC (and its amendments) and the NASDAQ up-listing documentation, PRED's CEO has not sold any shares, not one share, in the last two years. We also know that Predictive's CEO received no compensation or benefits from the acquired companies. There is no Pump and Dump.
We know there are others mentioned within the Hit-Job who are also filing litigation.
I close this post asking you, Predictive's shareholders, to remember what happened to the Hindenburg Airship, its pilots and ground crew.
Post-Script was taken from the SEC's Web Site:
Manipulation
Manipulation is intentional conduct designed to deceive investors by controlling or artificially affecting the market for a security. Manipulation can involve a number of techniques to affect the supply of, or demand for, a stock. They include: spreading false or misleading information about a company; improperly limiting the number of publicly-available shares; or rigging quotes, prices or trades to create a false or deceptive picture of the demand for a security. Those who engage in manipulation are subject to various civil and criminal sanctions.
Formerly posted on Yahoo Finance on or about July 14, 2019
Hindenburg Investment Research "Hit-Job" CIVIL and CRIMINAL RICO
I, several associates, close friends, and my family trust are shareholders in PRED, upon reading Hindenburg Investment Research "Hit-Job" yesterday morning (Friday, July 12, 2019), I immediately flew to Salt Lake City (wheels down at 1 PM) and arrived at Predictive Technologies (PRED) offices unannounced to speak with senior management. I have extensively interacted with PRED's CEO and several of its management over the past 2+ years. I know PRED's new Chairman and former Pfizer COO responsible for $37 billion of Pfizer's business. I know Predictive's law firm, (WSGR.COM) which is the world's leading life science law firm, if not the world's leading technology law firm. I know Mario Rosati, one of WSGR's founding partners. WSGR incorporated and represents many of the world's technology companies, e.g., Google, Apple, HP, eBay, Oracle, Sysco, and on and on. WSGR does not represent companies that act or conduct business described in yesterday's "Hit-Job".
I found a very active office, and while sitting in their reception area I could see through the closed blinds there was a large group of individuals in PRED's boardroom, there were many who appeared to be attorneys and several bankers, and someone from JP Morgan (I have his card and an hour later I obtained the card of a senior partner from a quite serious litigation law firm). While I do not know the details of those meetings, I can say they were serious people and anyone who has been around serious litigation can feel the atmosphere. The company is preparing a statement and is going to react but they are not going to play to false allegations in the media but likely in the courtroom.
Another example is Dr. Rick Obrey and Southwest's Pain and Spine selling their patient data to PRED is ridiculous. Consider a successful medical practice with 13 accomplished physicians with 12 separate clinics (Johns Hopkins University School of Medicine, Mayo School of Graduate Medical Education, Harvard University, Beth Israel Deaconess Medical Center, Mayo Clinic, Loma Linda University, Tulane University School of Medicine, Stanford Medical, University of Louisville School of Medicine, University of Virginia School of Medicine, etc. doctors) colluding to circumvent very strict Federal HIPAA patient confidentiality laws and risk immediate sanctions by the State of Utah, the U.S. Federal Government, and loss of medical licenses and sanctions by the American Medical Association. The reality is there is an independent IRB (Institution Review Board) approved clinical study that was prepared by one of the nation's leading IRB consultancies and this study's protocol and agreement with PRED does not disclose any patient names or information. They announced reaching 200 participants in the study. The Hit-Job could have and should have known the allegations are false and misleading. See: https://www.southwestspineandpain.com/providers
However, I am not a director nor officer and I can act independently as a shareholder. Based on what I witnessed and first-hand knowledge, the information, and discussions with Mr. Robinson and two other senior management, I have taken the decision, and my family's trust, to file tens of millions (actual damages and seek punitive damages in the hundreds of millions) suit against Hindenburg and brokers and their respective firms who conspired to manipulate the market and PRED's share price, e.g., Hindenburg's management, owners, and investors individually.
We will also work with and have started contacting other Hindenburg targets to join another litigation to demonstrate the pattern under RICO.
We have other pending litigation, one is a $470 million claim, costing over $13 million and production of 1.3 million pages of documents. We will not accept a settlement or retraction but will take this to its conclusion in court.
We have independent information and believe there is a group of brokers (several within national name brand brokerages) against those that have colluded together to short this company, and with shares and positions, they do not own. One such brokerage was desperately trying to rent of borrow shares (over $50 million) yesterday morning minutes after the Hit-Job - we know this directly.
I can easily support the litigation costs and will have retained one of the world's top litigation firms (before the end of this day) to file suit for market manipulation, etc.
We will soon post an email address for other shareholders to provide their damages and information. PRED shareholders that qualify and have suffered a loss from the Hit-Job will be invited to become Plaintiffs, forming a class. Our lawyers and team (former SEC attorneys, a former CEO of one of the world's leading brokerages, and a former senior officer of NASDAQ will be meeting with the SEC early next week, and we will coordinate our litigation information with SEC attorneys. We have also requested a meeting with the U.S. Attorney and believe a criminal referral is likely.
We have determined enough facts to demonstrate (to a jury) the Hindenburg report contained not only misleading and false information (statements that are easily disprovable) but statements that underlay a conspiracy that is both civil and criminal under RICO.
We will have our lawyers and media firm posts on this and other forums on how to contact and enroll as Plaintiffs in this anticipated litigation. There will be no cost to support the litigation of becoming Plaintiff's as we have already allocated over $10 million to support legal actions.
We are not selling and holding. For example in PRED's Form 10 filed with the SEC (and its amendments) and the NASDAQ up-listing documentation, PRED's CEO has not sold any shares, not one share, in the last two years. We also know that Predictive's CEO received no compensation or benefits from the acquired companies. There is no Pump and Dump.
We know there are others mentioned within the Hit-Job who are also filing litigation.
I close this post asking you, Predictive's shareholders, to remember what happened to the Hindenburg Airship, its pilots and ground crew.
Post Script taken from the SEC's Web Site:
Manipulation
Manipulation is intentional conduct designed to deceive investors by controlling or artificially affecting the market for a security. Manipulation can involve a number of techniques to affect the supply of, or demand for, a stock. They include: spreading false or misleading information about a company; improperly limiting the number of publicly-available shares; or rigging quotes, prices or trades to create a false or deceptive picture of the demand for a security. Those who engage in manipulation are subject to various civil and criminal sanctions. See: https://www.sec.gov/fast-answers/answerstmanipulhtm.html