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41 posts today? Surely nothing to do with the paid promotion?
I just love to watch the psychology unfold on a message board like this.
Price drops when the pumpers show up?
I think you really need to look into the ownership trail for OXS-1550.
These new drugs seem to just pop up. Pain pill you break into pieces, now motion sickness?
Something tells me this will close at what it opened at.
Which therapy do you see as their lead indication, and which one will progress the fastest? Which one has the greatest potential?
I guess you missed the big nasty drop
52 Week Range 1.51 - 36.90
I don't like lying pumpers. $1.5 million promo seems to be over. Remarkable given their last known cash position. Havent seen an update on the lawsuit either
No, it is not specific enough. Please adhere to iHub guidelines.
What is there to be bought? Simple question.
I suggest trying to look at the "intellectual property" and then the "ownership".
Buy out for what exactly?
Please be specific.
Just what IS their lead compound?
Too funny.
Any rumors are the result of the paid promotional campaign, $1.5 million worth of rumors.
Definition of rumor
1 : talk or opinion widely disseminated with no discernible source
2 : a statement or report current without known authority for its truth
I thought 3 bucks was the absolute bottom.
If they have to deny it, it must be true.
12% gain, good time to sell!
What's next? Less of the same.
Maybe $1000 traded today. Usually it's just shares back and forth.
It's almost like they don't really have what they say they have.
:)
"Top key player"....
Too funny....
Bwahahahaha!
Fortuitous timing then.
Maybe this has been asked and I missed it. Any relationship between the offering and the event? Did ADXS know about the event, prior to the offering? Did the investors who bought in know about the event?
Make it stop!
Drops 25% in a minute, will take weeks, hopefully, to recover.
A million shares and down a penny?
I should just be buying 100 shares at the low, and selling at the daily high. If I can do that about 100 times I will be close to breaking even!
I have no reason to feel the way that you do, but I do!
Way overdue.
Nobody has anything to say about the filing?
As shown in the accompanying consolidated financial statements, the Company has incurred an accumulated deficit of $124,649,000 through December 31, 2016 . On a consolidated basis, the Company had cash and cash equivalents of $19,000 at December 31, 2016 .
Selling, general and administrative expenses
During the year ended December 31, 2016 and 2015, we incurred $8,399,000 and $7,954,000 of selling, general and administrative expenses. The increase in selling, general and administrative expenses is primarily attributable to an increase in professional fees, license fees and stock compensation.
Interest Expense
Interest expense was $6,555,000 and $17,039,000 for the year ended December 31, 2016 and 2015 respectively. The decrease is primarily due to an decrease in the non-cash amortization of the debt issuance costs associated with the convertible debentures and demand notes payable and expenses related the issuance of additional shares
Liquidity and Capital Resources
As of December 31, 2019, we had cash and cash equivalents of $19,000. This cash and cash equivalents is in part the result of the proceeds from borrowings in 2016. On the same day we had total current assets of $21,000, and a working capital deficit of $18,928,000. B ased upon the cash position, it is necessary to raise additional capital by the end of the next quarter in order to continue to fund current operations. The Company is pursuing several alternatives to address this situation, including the raising of additional funding through equity or debt financings. In order to finance existing operations and pay current liabilities over the next twelve months, the Company will need to raise approximately $4-5 million of capital.
Move along folks, nothing to see here. (they could at least get the dates right)
As shown in the accompanying consolidated financial statements, the Company has incurred an accumulated deficit of $124,649,000 through December 31, 2016 . On a consolidated basis, the Company had cash and cash equivalents of $19,000 at December 31, 2016 .
Selling, general and administrative expenses
During the year ended December 31, 2016 and 2015, we incurred $8,399,000 and $7,954,000 of selling, general and administrative expenses. The increase in selling, general and administrative expenses is primarily attributable to an increase in professional fees, license fees and stock compensation.
Interest Expense
Interest expense was $6,555,000 and $17,039,000 for the year ended December 31, 2016 and 2015 respectively. The decrease is primarily due to an decrease in the non-cash amortization of the debt issuance costs associated with the convertible debentures and demand notes payable and expenses related the issuance of additional shares
Liquidity and Capital Resources
As of December 31, 2019, we had cash and cash equivalents of $19,000. This cash and cash equivalents is in part the result of the proceeds from borrowings in 2016. On the same day we had total current assets of $21,000, and a working capital deficit of $18,928,000. B ased upon the cash position, it is necessary to raise additional capital by the end of the next quarter in order to continue to fund current operations. The Company is pursuing several alternatives to address this situation, including the raising of additional funding through equity or debt financings. In order to finance existing operations and pay current liabilities over the next twelve months, the Company will need to raise approximately $4-5 million of capital.
Shoot, i got buy one get one free Whoppers, for one share.
Perhaps this is naive, but I still take a small amount of comfort in the institutional ownership, which last I looked was well over 40% still. It is also part of the problem, as retail can be easily manipulated because of this.
What a shit show.
Something is going on!
NOT!
:)
Same old, same old. Throw down 300 bucks at the open and see if anybody bites.
I don't understand how the La Jolla thing is new? They have always owned just under 10%. Did they sell all and buy back? Has it been so long since MCET filed anything that the old one got erased and this one looks new?
Is Newmin still alive? Does it matter?
Under a buck next week?
You definitely don't know with MCET since they aren't filing anymore, and haven't for a few years now. LA Jolla still own 9.98% of nothing.
Under two bucks. Let's see the close.
Market clearly not impressed.
More and more like MCET every day. Finance guy at the helm. Let's see if he spends any of his own money on buying shares.
When it was all said and done, Newmin spent $1,000.00 of his own money on MECT shares.
He clearly knew what was going on.
How so? Their chances of uplisting right now are non-existent
"Mr. Cross is an internationally recognized healthcare investment banker"
He will play around here, and try some tricks and then go back to the bank.
Looks like under 2 bucks by tomorrow, maybe today.
Sure, two bucks a share! Buy all you can!
If you can read and not just watch you should be able to easily answer this question yourself.
Last company update on their Facebook page is over one year old.