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Jay,
Like your DD and comments over at LI^E btw! that one is looking exciting so far
My thoughts on your comment however are this. I think honestly, that it was Jim, managment, or the board....you had to dump 50M plus in 60 minutes....You know from the other board that dilution doesnt happen that fast.....only leaves less than 7 or 8 people that had that many to dump realistically
My opinion is soon you will see a dozen lawsuits between the share structure BS and this....I think the Sheriff's office will be locking the door soon
Make no mistake about it several people have filed complaints, the SEC is probably already looking into it softly this AM.
There is no question someone will go to prison over this. Here is your proof:
Last few weeks ADMD has been averaging 10-15 million a day...in one day they dump 110M with half of that coming in 60 minutes. Only a handful of people own that much stock in this ponzi
Between the legal issues that directly impact the share count and the no doubt SEC investigation that is probably underway or about to be....I think they have a gag on any RS for a little while tbh
If you cant see that selling at 4 is better than selling at 1 which is where it will be by Friday end of day bc no one is holding this over the weekend and next week conversions begin for the AS increase. Than you cant see opportunity sir. I meant it as a genuine compliment. For someone to focus on the positives rather than cry poor me, that person is or will be successful someday.
The only people buying at 4 are the ones that are 1) not seasoned and dont know that it will hit 2 or 1....
2) flippers to dump at 5 or 6 in a month or two when a few pumpers push this to 5, maybe if they are lucky..depends on the AS / OS....
Bottom line that was a compliment to him / her
I am shocked this board isnt trending today with "the other Y90" company going down in flames
No doubt, unless it was offshore it will be tracked. I almost hope it ties back to Jim so he can never f#ck people over again
Someone with a opportunistic realist look at it....thankfully there are some lol, cheers
Volume has slowed the watchers that know how to play this are done....Sellers outnumber buyers now....will be at 3 or lower by EoD....Lat time after denial it slept at 0001 for a while
Battelle will be completely exonerated. They simply supplied the Patent and got paid a license for it. If the company that pays the license for it does illegal activity they can simply claim ignorance.
I bet PNNL will not appreciate the investigation they will receive as customarily required.
This will no doubt depending on the severity of the scope of BS involved will cut all ties with Jimmy Madoff
Jims own Linkedin is gone lol. I just saw the twitter is still up and well as the company Linkedin.....SEC will probably do a thorough investigation starting today...I honestly wouldnt be surprised to hear in a month that there was fraud somewhere
Their twitter is down too.....Anyone call him....No way he will answer. I am sure he is on the phone with A veterinarians office right now already getting results for the FDA
Now you know why I was harping on the "why did he take his bonus of 50K for losing the company money" as yourself why the did the bpard let him take his bonus...To give Jim a few more mortgage payments on his house while he files the paperwork with the state of Wash to start APS Advanced Ponzi Services
If you think they are done with the games, you really need to watch a company unfold under the microscope....it is about to get so much worse. My profession (Kind of I am retired) is to seek companies like this and buy out there assets pennies on the dollar and resell them. What you find out when something like this happens in the cracks is shameful and these people should be put in prison
I am sure Si$rra will post tomorrow that they got FDA approval and Alkerm#s is buying them for 10 Billion in unicorn dollars
Correct...and some of these people here still think that management cares about cancer patients, the shareholders, and building a real company....KEEP BUYING THO! (sarcasm)
Jimmy seemed to take down his Linkedin profile too.....Guilty people hide, its at a difficult time real CEOs and leaders of men call to action and come to .......Atta boy Jimmy
I kinda feel like spending 10K and putting out 4 or 5 PRs abotu Jimmys past to aid others from falling for his BS...Nothing slanderous....his resume is true and bad enough on its own
I admit normally I would throw a grand at something like this, I did well on Radio Shack...However this company is worse off than a company in bankruptcy....This company is so far worse.....Even the fact they deleted the FB page is a sentiment of the thinking process there....Trade what is given to you, not what you hope for. I wouldnt throw ten dollars at this. When the dust settles next week this will be at 0002 or 0001 like last time after FDA denial.....with no volume....cheers
To deny it? I think its because they probably only review 1 -2 a week but probably get 3-4 submitted. Like any govt agency they get 100 holidays and sick days off a year. Its also a nuclear medical device so that is probably only looked at twice a year and they probably do a bunch of nuclear ones at once bi annually. Thats how I would do it anyway
"We are going to resubmit and follow the FDA blah blah blah" but first...let me take down our FB page. Yea I bet the phone is conveniently off too. Check Linkedin on Monday for the board members, they will have AMIC removed from their profile too.....Jim runs a legal version (barely) of a Ponzi
Can someone take down the "Nothing more to think about" and stickies that are now rendered uninformative to keep this board even keeled please and thank
Hes hiding under his desk for the next month
If you read that entire post and only saw it is I am gloating, yo umissed the point entirely....
Furthermore how lottery winners and blue collar people lose their inheritance is by statements like you said. Why not throw more money into it I am already invested.....Because no matter how much money you have another 500K is a lot of money. That is money he can leave to charity or his family. The notes Cadwell has will probably be converted because not everyone will be able to sell and the note holders will still be able to convert for a bit. He is one of them dont forget. Remember this if the company files chapter 7 or 11 a decent amount of note holders will be paid at least 50 cents on the dollar fro the bailout. This includes Cadwell and he would rather get 50 percent of his what 5-15 million invested returned in a check by Uncle Sam less lawyer fees than throw another 500K in salary and not even the cost of the testing and resubmittal fees and wait another what 3months - 6 months for FDA again after testing.....making that what Summer of 2016 in all reality....By then this company will have the doors locked by the court and Jim will be a "consultant"..the board members will leave and Joliff will take a job as an Senior Project Manager at an accounting firm for the same or more money.....This is what really happens and if you think for one second this parachute plan wasnt thought of by all parties in the last few months you are in denial....Everyone covers their butt...wouldnt you!?
"Those of you thinking I will hold" the amount of notes that will convert over the next ? 4-6 months? Will push this company under, TRUST ME. If you were Cadwell (if you were worth tens of millions and looking retirement in the face (he is over 70)) You wouldn't continue to rent out the office for free essentially, when you can rent it to someone that will pay, pay Jim and Joliff another 225K for the next 6 months combined income, and dump more into this. You would not pull out, but you wouldn't throw good money after bad and you know it. If you would chances are it is why you are not a millionaire today. HOWEVER, this company in their own SEC annual K stated they cannot keep the lights on as it is. They even stated they couldn't EVEN WITH FDA APPROVAL! (This is actually in the SEC filing) Its there in the K! Now is the time to be smart and take whatever you can and still have at least a few grand / hundred dollars. Take your losses and write it off in your taxes at years end. The amount of lawsuits is currently at 2 and believe me it will grow. Also make no mistake about it this WILL be investigated by the SEC halting EVERY POSSIBLE BUSINESS transaction.
Furthermore this will be great for I$R and others in the space...I would play these for a few days to hedge.
Folks in business sharks smell blood and with the internet, this just became one of the best opportunities for any company in cancer or would have been competitor against ADMD. Not just big pharma but someone like myself that makes a living doing things like this:
I can call Battelle and speak to their legal today this very morning and go over their contract they have with ADMD off the record of course. Review their escape claus and offer them twice the annual license fee (seeing how their share interest in ADMD is now pretty much worth what about 25K? in other words worthless to Battelle and a mere tax write off for the loss) and then broker a deal essentially selling the license to (fill in the blank here to any company)
This company will not be financed by anyone else with its current situation. Its "radioactive" waste for a lender and they dont care two s&its about radiogel...Lenders only care about risk and a critical path for a return of their money
Some of us tried to help sir
Not a chance. This company is radioactive. They honestly couldnt sell if they wanted with the legal issues ongoing. You best believe if you have any business sense at all two things. ......1 I would bet my life Battelle has an escape clause and could sell this to anyone else....( im sure both sides do) 2)even if there's no escape claus a company could use ADMDs financial and legal troubles against them and leverage a license agreement anyway....If a company like Biogen want this they would license it and ADMD to pound sand and sue them knowing Biogen could tie it up in court while the notes keep converting for ADMD and they cant afford it and collapse. That is how we do business. You leverage a company s own problems against themselves. Those two are very much more likely to happen than a buyout ever will.....Trust me leveraged buyouts and building businesses with the intent to sell is what I do and how I made my living
He is 70. He wont pull out, but he wont put in anymore thats a safe bet
Wow. Its little things like that, that will hurt the stock even more tomorrow and cause horrible sediment
Ty sir
Is the FB already taken down? Serious question. It doesnt come up on my page.
Cheers Frz been here and put up with me way back....wish you well sir
CEO takes a bonus for losing money.......actions speak louder than words
You are right Jim is a fantastic CEO we should praise him and a company that in a decade has zero assets, no IP, legal issues, back rent, board members leaving, enormous debt, never made a profit....ever......I should totally look at the positives......name some please
I guess to answer the dozens of questions sent in pms the last few hours from people that are seeking a non emotional counsel from an experienced investor. Judging by your question however I can tell that you are disturbed by my presence. I hope you find peace with that angst. Otherwise you would see clearly that I am posting no "told you so"s and only educated outlooks of what will probably happen to the company in the days weeks and months ahead.
This will gap down tomorrow...bank on it.....trips by lunch if not halted.....no one wants to wait another 180 days plus research time....beautiful thought but the notes are coming due and the AS is real
Good to hear some folks will be ok. Cheers sir
I srsly think it might be halted tomorrow for a while
Seriously?
We can play the what if card for days my good man. But this is stocks....its irrelevant and you should never....ever...look at the "could have made" or whatever. Whats important if you have a position is to know this....you have zero friends right now.....protect your money and trade smart and quick.... Good luck
Might as well take down some of those stickies.
5 more conversions to do in the next 60 days and it will be below the favorable price.....I see even more lawsuits coming......this was the hail Mary in the 4th quarter.....this company is gone
No way to tell sir. What I would do is see what the L2 is showing you at 929 AM and undercut...by a fair margin