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You guys see that 1mil buy at 5 cents?
Mr. White in the building?
RXMD
Yep, sure was.. he's back but I think his primary objective is to shake the weak hands off the ask into the bid.
I noticed the MMs were scrambling to out-bid any retail unless they bid substantially higher than low-mid 4s... that's very encouraging but annoying since they outbid me several times.
RXMD
VNDM is either faking and will return to the ask once we move up a bit or he only had a small part of the last tranche left and was waiting til the chart was overbought to dump it -- cooling the chart and setting him up to sell his next tranche at higher prices.
RXMD
I'd estimate that he can't have much more than 4M left but that would be a maximum and he will probably move up as he sells, especially if he starts getting whacked with nice volume.. stealth bulls will start smacking once a bottom is in and they see that no one really wants to sell sub-0.05
We are still consolidating today. Once we shrug him off the chart will be ready for another leg.. likely to begin later this week.
Slow day across the market today post-superbowl.
RXMD
Absolutely agreed.
Only unrealistically-high expectations can later create disappointment.
As I've said before. Overzealous non provable information by longs makes lurkers and newbies think twice about buying here. It's a total disservice. There is always a motive to the madness. Only the facts here please!
Go Pxyn!
To recap:
Mayer and some lurkers are making extraordinary claims that:
1) Massive news is going to drop in 3 weeks
2) Merck wants to buy this company
3) PXYN is being acquired for $0.30/share
4) PXYN will soon be featured by Cramer
I am doubting these for some reason but it'd be amazing if true. Provide proof.
PXYN
Good morning, how about that last "pass" by Wilson?
I just checked and you're right: flu peaks in February!
Good news for us. Monster revenue numbers are on the way.
RXMD
Sierra Equity is one of the biggest jokes in the OTC.
I would not listen to them if they were bearish OR bullish.
PXYN
I can only speculate on when the news is coming.. maybe a week or two?
The important thing is the what, and I will be sticking around to reap the reward when it does come.
RXMD - we know what the liabilities are and how they are being converted, after which the SS will still be reasonable small in light of large assets, very nice expanding revenues and a newly-clean balance sheet (free of liabilities). On top of this, there have been major recent power-plays by the management to blow the business up even more.
"With a wonderful business, you can figure out what will happen; you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when." January 2014 - The Motley Fool, Warren Buffett Tells You How to Turn $40 Into $10 Million
Investment opportunities like RXMD are very rare on the OTC.
I will be taking full advantage and, when any of you here find a similar one, please drop me a line and I will surely research + help expose + post my DD on it anytime... so long as it presents incredible, legitimately fundamental return potential.
RXMD
I think we may end up having a few days of consolidation as we churn through VNDM's Tarpon shares.
We all knew they would hit the market, so it doesn't hurt the well-established fundamentals or the highly-bullish sentiment.
It may not happen on the same timeline as everyone dreamed it would (e.g. by Monday) but I think we will be making new highs once again within a week or two at max. I fully expect that the next leg will be accompanied by stellar news and a healthy chart to boot - all of it, well-timed and planned by the company.
RXMD
I am definitely encouraged by his buys. Can't add much to what I have said already, but EWB could be onto something with the fact that Mr. White deals in M&As and the CEO has a history of making successful companies which get acquired.
RXMD
Info we have on Mr. White:
Filing Breakdown:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110397972
Short Biography:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110398589
RXMD
Everyone here is raising valid points, but it is all a stretch without more information. The management has graced us with many pleasant surprises in the past (which we only discovered via filings), clearly proving that they have a grasp on running the company (not so much communicating with shareholders) - so they have that to their credit and no one can legitimately even attempt to deny this point.
The only way for any confirmation of whether this move was good or bad must come from the company. Since they don't issue PRs very regularly, we will have to refer to the 10-K, and coming 10-Qs.
It may take a bit to get the ball rolling for NHS but it can easily be a great deal in the long run. Only time and filings can tell us though.
PXYN
Agreed, man.
While it is never fun to watch anything you own lose value, it is the nature of any stock good or bad to move up and down - never only one direction for long.
Like the move to 4s needed to consolidate in the high1s-to-3s, this move to 8 will consolidate in the 4-6s. These big Form T's went through on the last consolidation as well.
The next leg (perhaps with news) will be well-worth the wait.
RXMD
Much needed consolidation. We are now churning the OS above the 200MA (we have been for a few days now) while shedding the weak hands and breaking up the big orders.
Roughly 2.7M volume traded today with an awesome bounce off of the 10MA and support at the 200MA as well.
It may take a few more days before the next leg begins but I am completely comfortable holding and will certainly be taking advantage of this dip by buying more. I am sure Mr. White is doing the same.
He has bought at 0.047 before, potentially higher - we will know when we get his next filing... he seems to be actively accumulating with no intent to sell.
RXMD
Form T Trade 593,400 @ 0.056
Much like last time, someone is scooping a bunch from VNDM.
Mr. White still buying? Probably.
Everyone have a good weekend.
RXMD
Fools dumping EOD for beer money.
Flipper friday
RXMD
I am blown away right now for several reasons:
1) We needed to touch the 10MA to continue the uptrend in a healthy way, confirming support... VNDM just forced that to happen
2) The chart has a candle-body gap from 0.065 to 0.075 and it can definitely benefit from a gap fill.
-- It is hardly a coincidence that VNDM is sitting at 0.065 now. He is going to force the gap fill with the candle body.. at or below 0.065
RXMD
I love how there was barely any retail selling.. only a few panicked bid whacks.
VNDM just gave out some gifts to those wise enough to buy.
I got 25K shares at 0.0471, lol
RXMD
Yep, great adds to all. Just like that VNDM moved to .065
I wonder if he even has the next tranche or was just finishing off his last one which was mostly gone..
Anyone who had weak hands, panicked, and sold: I highly recommend you buy back.
RXMD
At this rate the Tarpon shares will be done with by Tuesday. Right about the same time we are ready for the January revenues PR.
RXMD
Agreed. I sold a tiny bit in some ancilliary, satellite accounts but wasn't willing to part with any significant part of my position in my main account.
I am actually relieved that the chart is getting a chance to cool off. This current dip is extremely healthy and will only encourage new eyes to buy - knowing that it has consolidated recently and isn't overdue for a dip.
RXMD
This could last a few days but any share acquired near 5 cents is a blessing.
Let's stack the bid (200MA support) so VNDM runs out of shares faster (instead of buying them higher, requiring more money) and lines our pockets with money.
RXMD
VNDM showed up, consider these possiblities!
He can be:
1) a front for dilution in an attempt to shake shares loose
2) a front to engineering the chart for the next leg up (perhaps with news pending a prepared chart for release
3) legit dilution of a new tranche of Tarpon (most likely)
-- given that they waited for the new leg up to finish and the chart to be a overheated, I believe the dilution will be done responsibly with the shareholders and company in mind. (responsible dilution does happen from time to time)
-- I estimate the maximum current OS to be no greater than 60M, therefore he cannot have more than 6M shares
The important thing is that we have already factored his return and subsequent dilution into the CONSERVATIVE share price target of 0.11 (see the stickies)
Don't panic but instead consider this an opportunity to buy. It won't surprise me for a second if Mr. White and his friends anticipated this and are going to buy everything VNDM and the weak hands have to offer while supporting the chart.
We needed this consolidation for the chart.
The 10MA is crossing above the 200MA (Monday) and I bet they will be scooping to defend this important price on the chart.
Refer to these posts, nothing has changed!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109782837
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109782472
RXMD
Inverted head and shoulders nearly done forming on the chart here.
BCEKF
It really is impressive how this trades.
So healthy and strong, even after our recent price appreciation.
I bet Mr. White and his buddies are laughing as they buy up the float for the long haul.
RXMD
Lol... yeah well that's basically true.
The only shares available under .10 are basically just longs here taking a little foam off the top before hunkering down for the moon landing.
RXMD
Save your thought for yourself; lose money by yourself.
GCEI
True, but of note: Mr. White is clearly not concerned about an immediate need to liquidate his position given the size he is now holding.
Volume
We still need it!!!
Indeed, when the PGM acquisition shows revenue of 20M - profitable or not - you can no longer claim this is worth anything less than 4 cents (at double the current OS), perhaps upwards of 10 cents. Can't wait man. Please take a video of yourself before you click each of the coming news links to read it.
GCEI
It really is that simple. God dang it, I need a beer.
3.3M shares out of the float. Tighten your seat belt. Ride to dollar land in few months.
$9M revenue as of now. 10x Revenue= $90M minimum market cap > $2 pps
Then add more revenue to the latest PR's.
Wow, very nice credentials for Mr. White
The fact that someone in his position, who reviews potential investments day in and day out in a variety of fields, is buying this up day-by-day at whatever price he can speaks volumes. RXMD is where he wants to put his money!
It doesn't surprise me one bit. I have said that this is preposterously undervalued since the beginning.
Big congrats to all who have discovered and are riding this gravy train toward fair valuation. In light of everything, we have a lot of upward movement ahead of us to reach anywhere near fair value, IMHO.
We may consolidate here or there but it will be easy to relax on consolidation days knowing where this is going and that Mr. White essentially agrees with us.
RXMD
Highlights of Today's Filing:
What does it mean when a person on the inside is buying shares on a daily basis at whatever price he can? I bet we are going to see more reports of him buying over 5 cents soon.
His average buy price was 0.0269/share as of this report, ranging from 0.012 to 0.047 - probably higher now - for ~3.3M shares using his retirement funds.
RXMD - oh he will retire alright
Statement of Beneficial Ownership (sc 13d)
Gregory L. White
34 School Street
Dedham, MA 02026
Aggregate Amount Beneficially Owned by Each Reporting Person: 3,306,628
Percent of Class Represented by Amount in Row (11): 9.2(1)
Item 2.
Identity and Background
(a) Name: Gregory L. White (“Mr. White” or the “Reporting Person”)
(b) Residence or business address for reporting Persons: 34 School Street, Dedham, MA 02026
(c) Gregory L. White is a partner of Seyfarth Shaw LLP, an Illinois limited liability partnership, with a principal place of business located at 131 South Dearborn Street, Suite 2400, Chicago, IL 60603-5577
(d) Gregory L. White was not, during the last five years, convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) Gregory L. White was not, during the last five years, a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, was or is subject to a judgment, decree or final order (1) enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or (2) finding any violation with respect to such laws.
(f) Gregory L. White is a citizen of the United States.
Item 3.
Source and Amount of Funds or Other Consideration
Gregory L. White is the beneficial owner of an aggregate of 3,306,628 shares of Common Stock which were purchased for an aggregate consideration of $89,194.00. Mr. White’s personal and retirement funds were the source of such consideration.
Item 4.
Purpose of Transaction
Gregory L. White acquired the above reported 3,306,628 shares of the Common Stock based on his interest in the Common Stock as an investment opportunity. He intends to continue to review his equity interest in the Issuer. In addition, depending on his respective evaluations of the factors described below, Mr. White may from time to time purchase additional securities of the Issuer, dispose of all or a portion of the securities then held by him, or cease buying or selling such securities. Any such additional purchases or sales of securities of the Issuer may be in the open market, in privately negotiated transactions, or otherwise.
In the 60 days preceding January 9, 2015, the date of the event requiring the filing of this statement, the Reporting Person engaged in the following transactions involving the Issuer’s Common Stock, all of which were conducted as open market purchases: (2)
On January 7, 2015, the Reporting Person purchased 930,000 shares of Common Stock at a weighted average price of $0.018 per share.
On January 8, 2015, the Reporting Person purchased 495,000 shares of Common Stock at a weighted average price of $0.030 per share.
On January 9, 2015, the Reporting Person purchased 554,000 shares of Common Stock at a weighted average price of $0.035 per share.
(2) The range of prices for the reported transactions is as follows: January 7, 2015 - $0.012-$0.030, January 8, 2015 - $0.028-$0.033 and January 9, 2015 - $0.030-$0.045.
In the days following January 9, 2015, the date of the event requiring the filing of this statement through the date of this statement, the Reporting Person engaged in the following transactions involving the Issuer’s Common Stock, all of which were conducted as open market purchases (3)
On January 12, 2015, the Reporting Person purchased 552,000 shares of Common Stock at a weighted average price of $0.024 per share.
On January 13, 2015, the Reporting Person purchased 159,000 shares of Common Stock at a weighted average price of $0.021 per share.
On January 14, 2015, the Reporting Person purchased 66,000 shares of Common Stock at a weighted average price of $0.025 per share.
On January 21, 2015, the Reporting Person purchased 123,200 shares of Common Stock at a weighted average price of $0.031 per share.
On January 22, 2015, the Reporting Person purchased 261,800 shares of Common Stock at a weighted average price of $0.038 per share.
On January 23, 2015, the Reporting Person purchased 165,628 shares of Common Stock at a weighted average price of $0.042 per share.
(3) The range of prices for the reported transactions is as follows: January 12, 2015 - $0.019-$0.030, January 13, 2015 - $0.019-$0.025, January 14, 2015 - $0.024-$0.025, January 21, 2015 - $0.028-$0.033, January 22, 2015 - $0.034-$0.042 and January 23, 2015 - $0.040-$0.047.
I think of the recent increase in the number of shareholders as a wider, more sturdy foundation to build a higher share price upon. When promising developments and revenue streams start flowing there will be that many more people who are immediately aware of the news, spreading it to their contacts/friends/family and adding to their own positions knowing that if they don't add now they will kick themselves later.
Should really help us garner attention and momentum when Todd decides that the time is right... seems to be about that time now.
EDXC
Lol, nice post, I gotta agree with your sentiment.
We may consolidate today, Monday, or Tuesday - it certainly wouldn't hurt the chart to cool down a bit. Ultimately it will be well worth the preparation for the next leg up. Once news hits this thing is off..
RXMD
That would make sense except you need to go by percentages, not the number of pennies.
We can still easily hit .10 before consolidating and given the recent volume, tightly held float, the fact that we're undervalue, and imminent earth-shaking news in the short term, I don't think there will be much consoldiation.
Beware trying to flip something that meets these criteria as you are serious risking getting left behind: virtually every seller today is at a loss right now.
If it does happen I will gladly accept it as normal recourse before the next big leg up, perhaps this time with actual news.
Any dip will be a great opportunity to load up and I will surely take full advantage of it.
RXMD
I'm glad to hear that.
Remind him that he has my resume :-p
I am ready to work for EDXC anytime
EDXC
For all we know, Zagorin bought more shares to bring his average down on the good news from the last 8-K.
It would be quite an interesting twist here for those unloading if they suddenly realize they should have been scooping with both hands at this inflection point for the company.
PXYN
A thought on today's filing:
Zagorin reported his acquistion of 7.4M shares @ 0.067/share roughly 6 months after the "transaction date" (in March) .. perhaps they were restricted and had to be reported when the came off restriction, or perhaps they were finally registered 6 months later.
Either way, today's amendments simply indicates that, at the time of his Form 4 filing, he was no longer a 10% stakeholder of the company.
I consider this move to be a formality to indicate to the SEC and FINRA that he is no longer obligated to report his trades. Whether or not it was triggered by a change in his position, I don't know.
PXYN