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NEXM at 50 CENTS ~ Nothing but great NEWS and NEXM sits at 50 cents!! What gives??
NEXM ~ Any thoughts on this past week and where its going this week.
Any NEWS anticipated this week or month?
NEXM ~ Anyone in it?
NEXM ~ Anyone in it?
Tking this from your post:
"Bio-Quant's CRO business and their positive revenue flow is sure to attract fund investment!!!"
I wonder why they won't be presenting at BIO CEO Conference????
As of now atleast.
BNVI ~ Anyone in BNVI. Its looking like a good entry point. Maybe it goaes a little lower before rebound.
With that said, could this happen.....(wishful thinking)
$2.2 million financing. WHY???? I think the remaining Outstanding shares now match Shares available totaling 120 million shares. Like maxing out a credit card. But NEXM has cash on hand.
Nexm was invited to the CEO BIO conference but it appears they are not going now. WHY???
Could these two event be leading to something bigger?
What about a BUYOUT. Is that possible? In the works???
Just making an observation.
time out! Look deeper in the CEO BIO website. I don't see them listed as a prestener.
I a holding long. I was really just surprised to see that $2.2 financing deal. Better days ahead for NEXM I know.
RICKSZY ~ What are your thought with today's NEWS?
AFTER HOURS ~ Scare tactic by the MMs??? There is no reason for the huge drop. So what if 6 million shares were bought 36-40 cents. There are many here who bought in the teens.
COME1Kamal ~ I bought my original shares back in Oct at 12 cents and sold for a heft profit. Been in and out of a lot of stocks since then including ANX which again I bought cheap, 13.5 ceants and sold them all at 45 cents. Not too shabby? I have bought back in recently because of the action. Unfortunity that action has slowed the past 3 days. Not what I thought would happen. Now this piece of NEWS has people running for the doors and the PPS will fall which in reality isn't bad NEWS. I just don't understand why a company who is cash flow positive opted to take a loan out for $2.2 million?
NEXM NEWS ~ SO they sold $2.2 million worth of shares? WHY DID THEY NEED TO DO THIS???
Commencing on January 22, 2010 NexMed, Inc. (the "Company") entered into subscription agreements (the form of which is hereinafter referred to as the "Subscription Agreement") for a private placement offering (the "Offering") with a selected group of accredited investors. Pursuant to the Offering, the Company has, through January 27, 2010, offered and sold approximately $2.2 million in the aggregate principal amount of unsecured promissory notes (the "Notes").
The Notes accrue interest at a rate of 10% per annum and are due and payable in full six months from the date of issuance. The principal and accrued interest due under the Notes is payable, at the election of the Company, in either cash or shares of Common Stock, par value $0.001 per share (the "Shares"). The weighted average conversion price of the Shares potentially issuable under the Notes is $0.37 per Share, with the conversion prices ranging from $0.36 to $0.40 per Share. Upon the maturity of the Notes, up to 6,243,243 Shares could potentially be issued in satisfaction of the then outstanding principal and accrued interest. The Notes may be prepaid at any time without penalty.
The Notes were offered and sold only to accredited investors in a private placement transaction in reliance on Section 4(2) of the Securities Act of 1933, as amended (the "Securities Act"), and Rule 506 promulgated thereunder. The Notes sold in the private placement have not been registered under the Securities Act or state securities laws and may not be reoffered or resold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from the registration requirements, including the satisfaction of applicable holding periods such as the six-month holding period under Rule 144 promulgated under the Securities Act.
The foregoing is intended only as a summary of the terms of the Subscription Agreement and Notes, copies of which the Company intends to file with its Quarterly Report on Form 10-Q for the quarter ending March 31, 2010.
Out of no where? You to have have 100K of shares. Just buy them. BTW, I am just asking the folks who are smart with charts to see what they see. I am a big dummy when it comes to charts.
Any omments with today's trading?
I know NEXM is going in the right direction to become a solid company. They are on a good course. I am impressed!
Maybe I am missing something here but why does everyone seem this is going to EXLOPE OVERNIGHT? I don't get it.
Any comments? Is there something about to happen that I don't know about?
Why do you make that assumption?
Do you even know what you bought?
I want my $1 (and then some.....ha!)
BOUGHT 12k MORE. I am over 100K now. This is crazy!
Wow, I can't spell today. Sorry guys!
Anyway, I am not bashing the stock as I own over 88K. I want to see this go up like the rest of us.
Otterman ~ I know that sounds good but NEXM is sitting at 63 cents. What makes me nervous is that have 120 million OS and they are asking for another 150 million os which will dilute the PPS and then I see a RS coming after that. If they cane show some moe positive PRs SOON, naybe the delisting "GLITCH" will fix itself (Office Space...HA!). Then the additional 150 million OS request will go away too.
If I have it wrong please correct me.
It was a pump and dump during the day times 2.
DELISTING ~ Separately, and as previously announced, the Company remains subject to a grace period through January 25, 2010 to evidence compliance with the $1.00 bid price requirement for continued listing on NASDAQ. If at any time during the grace period the bid price of the Company’s common stock closes at $1.00 per share or more for a minimum of ten consecutive business days, the Company will have evidenced compliance with the minimum bid price requirement. In the event it does not evidence compliance with the bid price requirement by January 25, 2010, the Company expects that it will be provided with formal notice of the deficiency and an opportunity to request an extension from the Panel to evidence compliance with the minimum bid price requirement.
Will they get an extension?
How does NEXM's chart look?
I guess the penny flippers came in and raped NEXM. I am back in today.
What is going on today? Is NEWS on the way?
ANX ~ Mr Garza responded to one of my posts today and states that "He (Mr. Culley) is a VERY sharp guy. Like his leadership skills and plans for the company. " He also mentioned that he will be interviewing the My. Culley again. Lets hope we get a response back from the FDA soon.....
Here is the link:
http://seekingalpha.com/article/180311-it-s-time-for-adventrx-to-follow-through-on-nda
ANX NEWS??? Are we to anticipate anything else before the NCD acceptance from the FDA?
Who really thinks there is a partnership in the works? I would like to think there is becuase I can't see ANX being successfull without any help.
Looking to put some money to work elsewhere, Any stock tips? I was thinking ACTC?
ANX's Annual Report out already??? I don't think so but if it is please post a link. I don't think it will come out until March.
BTW, Is it possible we hear anything from ANX this week?
ANX ~ Is all the hype over now OR are we expecting something BIG soon. What does Culey have up his sleeve?
ANX ~ Anyone in it or playing it?
thANX Vinny!
SheFF, What si your thoughts on ANX?
I have a feeling we end the week up. With the bashers out in full force on the MB and the Feuerstein article behind us plus, with write ups over the weekend things are looking good. It would be nice to hear from the FDA soon stating they have accepted the NDA and the review/approval process begin.
Do you think the we will get NEWS saying ANX met with the FDA concering ANX-514?
Any thoughts on tomorrow? How much more will the Feuerstein affect ANX? NEWS from Culley maybe?
BBB's ~ Do you have a link to those exchanges?