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He doesn't actually believe there will be a reverse split. He's been attempting to manipulate the price of this stock for months.
Their intentions are also spelled out right on their web site...
https://www.oncolixbio.com/news-and-events.html
It's right there in the 13D that was filed...
You think that legitimate pharmaceutical companies would get involved in a pump and dump scam? Yeah...ok.
I'm not mad at a 5% pullback after that run. News would rocket this thing.
Seems like every time the MM's try to knock the price down it bounces right back.
Just had a $9k slap at .0785
You went from holding to break even to making millions?
.10 easy if it keeps on the pace it's at. Actual news and we will be higher than that.
Redman stated there are almost ZERO side effects with Prolanta so far. Which is very rare with any cancer drug. Things are looking very good for this drug.
His constant posting about an R/S happening is a pathetic attempt to keep the price down for cheap shares.
I doubt it will be 10 dollars anytime soon but I think .84 is being modest if everything works out. $aepp can move!
I had the same dream but it was 10.84 a share.
They may not have a choice but to move up if they want the shares. We will see. Something seems to be brewing here.
Good morning! Is it Tuesday yet? I want to see some more gains!
I'm glad you are done bashing the CEO and finally talking logically based on due diligence. Oncolix has been doing the proper filings they need to. They are getting their ducks in a row and handling what they need to. Everything about this R/M looks legit.
Well over 1 million on bid at .04+...something is brewing here. Also closing in on a million volume already.
Haha, this is getting pathetic.
New two pager is up. States that they intend on being a public company in 2017.
https://nebula.wsimg.com/958d9ddf6832c4839ad62b613bbc5288?AccessKeyId=D34B304F5C474C27E878&disposition=0&alloworigin=1
Oh, nice catch!
No trading monday...
Cool right? But you're out when you break even. You want nothing to do with this stupid CEO or his slight of hand magical wizardry....
When emotion overpowers common sense...
I was wondering the same thing. I opened up the Level 2 a few minutes ago. Every single one of the trades since is 4999
How does the seller effectuate a reverse split when the company has been sold for over a month?
Trapped by what?
From their web site
"2017
Oncolix, Inc. Announces Acquisition of Public Entity
HOUSTON, TX, April 6, 2017 / -- ONCOLIX, INC., announced today it has finalized the purchase of a control stockholder’s interest in a public entity (Advanced Environmental Petroleum Producers, Inc. ("AEPP")). This public vehicle is now a partially-owned affiliate of Oncolix, Inc. Currently a private Delaware corporation, Oncolix is evaluating options that will allow its stock to be publicly traded. "
That's EXACTLY what a shell is. You have the internet, use it.
So even though it's mentioned " the Company may be considered a shell company (as defined in Section 405 of the 1933 Act), it is required by Section (a)(8) of Item 5.01 of Form 8-K to provide the information required by Form 10 under the Securities Exchange Act of 1934, as amended." in the 8K you ignore it. But the "seller" is going to start a reverse split? Keep going, this is entertaining.
Was...now it's a shell
a shell**
"Common sense" should tell you that you're only a stock holder in she'll that they purchased. "Common sense" should tell you that at this point you own ZERO shares of Oncolix.
How does a seller of a company put a reverse split into effect a month after they sold?
You're talking about the reverse split that would have been done but the seller if necessary? The seller has been out of the picture for what, a month now?
I've seen BMAK on ask with low share count at more than double their bid.
Oh BOY!!! I hope it's a 30 minute chart!
There was another From 3 filed yesterday. That's now 4 that have been filed. That leaves one more board member to file and 3 advisors (which I believe are also required to file but I'm not 100% sure on that).
BMAK went all the way to .05 at end of day Tuesday and managed to snatch up a nice chunk. They want a lot of shares it seems.
Redman has already stated the Phase 1 results have been very positive and the drug has few side effects. Which is very rare with cancer drugs. That's a big deal. Cancer is already bad enough without having to deal with side effects.
I don't see an RS happening anytime soon. New ticker and name change would be nice.