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No lies .... Confirmed on the td site. 12/2....it's not a bad thing relax
FREE....great news the reverse split is done come Monday....delisting risk gone....float much tighter...shipping surging.....they have capital to spend as well.....
This was well timed on FREE's part and why the run up on Friday....
The best part is we no longer need to listen to the superficial arguments not to buy FREE because of an impending R/S.
CREDE knows what they are doing. Slowly but surely the fleet will be maximized and everyone expects 14/15 to be a surge in pricing....
Yes and it's a good time to reset the float in an upswing
FREE...pretty good volume here....can see a move or two before any r/s....breaks .45 and it will run..........IMO
Looks like we may get golden cross by mid December....chart shaping up....I bet they run this to $1 soon but will it hold for ten days is the question...
I am well aware that GNBT has been bashed for years on many boards unrelentlessly....regardless AE37 is for real so not gonna waste my time debating...
agree...but not looking at this by the moment....it will have its turn...
I don't care what anyone says...the chart is slowly but surely improving and they will run this towards one dollar soon enougn
Expecting a 10 bagger on PII results.........
Chart is improving slowly....expect they will try to get this above a buck in the next month or so to take advantage when the chart is ready..........
I see nothing new with this filing....Just a formality that was to be expected when Crede converts the preferred...........
This prospectus relates to the resale of up to 75,000,000 shares of our common stock, $.001 par value (“Common Stock”), by the selling stockholder named herein. These shares of Common Stock include 5,625,000 shares of Common Stock issuable upon conversion of Series B Convertible Preferred Stock, 31,875,000 shares of Common Stock issuable upon conversion of Series C Convertible Preferred Stock and 37,500,000 shares issuable upon exercise or exchange of warrants. For information about the selling stockholder, see “Selling Stockholders” on page 47.
The selling stockholder may sell shares of Common Stock from time to time in the principal market on which our Common Stock is quoted at the prevailing market price or in negotiated transactions. We are not selling any securities under this prospectus and will not receive any of the proceeds from the sale of Common Stock by the selling stockholder except for funds received from the exercise of warrants held by the selling stockholder, if and when exercised for cash. In addition, on the second trading day after the registration statement that this prospectus is a part of is declared effective by the Securities and Exchange Commission (the “SEC”), we will sell the Series C Convertible Preferred Stock to the selling stockholder. We will pay the expenses of registering these shares, including legal and accounting fees. See “Plan of Distribution.”
Mr. Ion G. Varouxakis, Chairman, President and Chief Executive Officer of the Company made the following comments: "We are pleased to announce the extinguishment of approximately $30 million of debt, representing approximately one third of the Company's total bank debt. This transaction will result in significant gains, which are presently estimated to exceed $12 million. As a result, our balance sheet will be completely transformed, resetting us in position for future growth."
FREE just extinguished 1/3 of its debt. If some folks had half a brain they would understand the filings are reporting long term debt through 9/30 and the extinguishment occurred in Oct. More to come as well.
Please give India a break...
All that matters are the AE37 results coming next month. You will be either rich or poor....
2/14/13 was the last reverse split as reflected on TD's site. The next is TBD.....and it well might not come til 2/14/14 or later......as last go round annual meeting approval came months before they decided to act...
This will be going higher.....more news coming is why this has moved up off the approval of r/s.
The data from Antigen Express AE37 PII Breast Cancer trial ia now locked for analysis. Sorry if folks righfully hate GNBT & oralyn scam but this will make a 30 bagger as soon as the results come out...AE is for real.
Quote from the CEO in the July PR "tortured uncertainty". He must have anticipated what remaining holders are thinking with Crede's never ending requests for more shares. This CEO has balls to put out in the recent PR how these debt deals are positively transforming the balance sheet...all the while the FREE share price has relentlessly been cut down by double digits % wise on a daily basis. This brazen CEO talks alot but still FREE has put out zilch in terms of any operational updates...only financing news.
Looking forward to this week....
The CEO has said as much.....balance sheet will be transformed.....
Time to head up towards the 1 dollar area....chart looks ready for a move.....
I have my tickets to the express to .20 cents. When they release the AE 37 breast cancer results this will go up hundreds of %....
So with the company shedding 30M in debt, transforming its blance sheet and shipping picking up ...I will go out on a limb and say we are heading higher.......
really???? thank you for the great insight.....if I recall...it was only a week ago that FREE was a day rising stock exclusively....if that is even proper terminology....
I added shares at .64 this morning..........thought that was a better option than to waste a post shouting timberrrrrrrrrrr.
exactly....now it can move higher on its own merits.....and the big money that has been coming in...
What a wild trading week...many winners....still interested in FREE and where it heads over the coming days.....think there is something to much higher levels coming there for those going long.....
Thought I saw a tweet that Nate is shorting FREE today...
VELT...going to be patient....still never had a real bounce from the free fall on earnings. New CEO going to dispose of businesses that can't cut it and they still have a core of valuable business....this will turn soon enough...
SO far the trutthfulness of this inept company is once again in the spotlight. Did they not put out a PR discussing a Spet. call on Oralyn. Not a peep yet. 15 years of utter failure....
FREE was a great call....I followed someone's call at .17 cents and sold for 275% gain today....it was irresponsible to hold that long and jeopardize my gains but luck was on my side this go round.....I sold all....this run was fueled by momo capitalizing on BDI and Hannover...the company still has great debt and has not released significant news. Thus, I think this multi-day run will quickly reverse and see this going back to mid 30s as the big guns made their money this week.. That is reentry time...
This has done great will sell off like a rocket tomorrow......then it may be time to reenter.....
when they pull the plug this will be at 30 in a heartbeat.....good luck getting out....
I'd get out now folks......
Looking like it wants to go lower here.
ETRM could be a huge winner based on adcom but today suffering from the typical effect of sheep piling in after their leader's call which invariably leads to the next day fall off....when will folks learn to be patient.
FREE....expecting a real big move soon....1M market cap.....exploding shipping indicators....won;t be quiet for long.
big boys will be pushing this over one buck....follow the money here.....
so the BDI is cranking daily and they've removed 30M debt from their books plus low market cap and float...
Will see over $1 mark this post..
FREE...as long as garbage like NEWL maintains a market cap 6.8 times higher than FREE, I would suggest a correction is coming...
as the garbage NEWL can't go much lower then I vote for FREE to move higher soon. I see $1-$2 bucks soon enough........