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Thanks I don't think it was a significant event.. no changes in status..
sure wish they CLSC would do something. advertize consumate a deal, win a big reduction, something.. start reporting.. anything and let us know...
This is painful drifting down was .25 not so long ago before we "won" .. need real NEWS and Action!!!
It isn't about to go to .40 the way things are today.
Was there a court date today as well YA global...?
Are these short positions?
Why is there pressure down still.
There's good news, a approved plan, a angel investor, good product, good patents, and some orders or potential orders in the box. TV adds and a plan.
who is still out to see this company fail?
it's weird .
Historically good news = stock PPS up.
Cobalis. Press releases more often that not price goes down.
Who is out there that still wants to see this flop?
most shares I would think in friendly hands by now.
I just don't get it yet.
Is this still the blind naked short people?
YA? who
ideas?
conspiarcy therory?
Warlocks of wallstreet?
what's a whacker
SLOWLY MOVING UP?
ITS SLOWLY MOVING DOWN UNLESS MY SCREEN IS UPSIDEDOWN.
I'M TOLD THATS IT'S STABLE AT .16 HAS RESISTANCE AROUND .20 AND .22 THAN .25... IF IT HITS/HOLDS .25 ..NEXT POP IS 36..
NOT SURE HOW THEY KNOW THAT, BUT THE GUY WHO TOLD ME IS GOOD AT THIS.
THE RESISTANCE AROUND .20 SEEMS REAL ENOUGH,,
GO 22 ON THE 22ND!
nice volume so far... reminds me of a WARP concert in the 80's
lots of guys and nobody over 20........ha.
come on 22x 1,000,000
1,000,000 as you say... sets off alarms hopefully in good way.
I'm more than ready for some 10% and 20% jumps per day..up, we see, always surprises me .. not lot of rhyime or reason sometimes , goes down on great news... but yesterday was fun.. be currious is blip or trend . tape will tell.. xx
IN BIG .... good news comes soon.. xx we who waited and averaged down now shall prosper.. it is written unto the.
sure would like to see us on tv soon.
I like the 22 0n 4/22 therory im in as well .22 on 4 22 x 2....
NEVER MIND ... LET ME KNOW IF ANYONE SEE'S PREHISTINE ON TV SOMEWHERE. XX MY FINGERS..
It was trading more than that down most of the day it only clicked back a -.01 the last .. I hope it's IRS blues. I really hope they announce a TV budget and are starting 2 weeks ago, branding... April Showers and May Flowers we over 1/2 done with April... anyone know if they have commercials running in any real way yet? Without sales won't be good they need to start payoffs soon, I'd guess..I hope they don't have all eggs in a Russian Easter Basket.
Today will tell a bit more.
I'd guess could be folks that were hoping for the big surge after news and were not prepared to wait it out for the long term,
Lot of us were hoping for some million share days and .40 PPS this week.. not a drift down.
We shall see I.....
Hmmm makes sence .... anyone know when the hearing re what might be RE> adjusted (Debt) to Ya is ? That along with Reporting is probably next 2 Milestones... hope we don't get swated too hard today..
But it will get rid of alot of day traders I'd guess.
Oh well .. sitting tight.
Did I miss the memo? looks like we may see the 1000000 share day, however sort of the wrong direction.... any therory or what did I miss?
fine with me sell sell sell.. them pills
wasn't me .... i'm just watching the show.
THANKS WILL CHECK IT OUT. I HOPE WE ARE THE ASPRIN OF THE 21 CENTURY.
MAYBE TOMORROW HAVE THAT 1,000,000 SHARE .50 CENT DAY.
I'M READY.
SO NOTED PREHISTINE MAY BE STRONGER THAT OTHER OVER THE COUNTER PRODUCTS B12 AND COST LESS THAT MAY WELL BE TRUE AS WELL.
MY AVERAGE AT THIS TIME IS CLOSER TO .08 AND IM STILL HERE BOYS. I JUST WANT TO STICK CLOSER TO THE TRUTH AND NOT WILD SPECULATION I HAVE NOT SOLD MORE THAT 1% OF MY CLSC...
I invested in CLSC for the same reason I would have invested in Baby asprin had someone had the sole right to advertize it as heart attack medicine.. B12 IS GREAT PRODUCT AND CLSC HAS THE RIGHT TO MARKET AS ALLERGY MEDICINE ITS GOOD BUSNESS MARKETING ANGLE.
Get a copy of the court order and watch the tape... the tape tells all not PR or Rumor's. The street reflects the company not the other way around. If the 20,000,000 deal was in the bag some one would know and start buying at this level, someone knows.. the fact that the stock isn't moving tells me it's just not in in the bag yet .. it still may come to pass but it's not here yet or someone would be buying shares. People know about about 20,000,000 deals. Its an elephant in the livingroom.
It's not even a drug it's just B12 sublingual.. you can buy it a Mothers only difference is Cobalis owns the right to market it as allergy relief. it's B12.. It would be like owning the right to baby aspirin as a heart attack preventive.
same substance just a right of claim.
There are comments to past sales in the court document of april 7th page 31 lines 8>9..
That may be correct however there is verbage in they order that if the default a payment they forfeit the protection and assets.
This is over my head as to if they are out of BK or still protected by it. I just don't know.
Until they pay all debts confirmed or get a new decision that changes whats owed . I think they are still under the protection of the court.
As I said over my cabasa.
I could be wrong however the confirmed BK plan/protection has very specific milestones and debt reductions payments to YA at high intrest rates and other caveats. If CLSC misses a payment or does things contry to the plan the assets can be taken.
This could last for quiet some time.. They are protected as long as they perform. Truly out of BK would require all claims still upheld had been paid as agreed. It's a tall order.
I believe there is the capability to produce product if real PO's emerge with real letters of intent and money is secured accts. They are not about to produce 20,000,000 worth of product on what they have so far.
FIRST SALE OF THE DAY WAS 500 SHARES AT 21 CENTS.. WHATS THAT $100 DOLLARS ?
I'D BE CONCERNED ABOUT THE APPEARENT MARKET APATHTY PPS AND VOLUME RATHER THAT SOME PIE IN THE SKY EURO ORDER.
890,000 to go.. Russian deal 20,000,000, Those deals happen all the time. How much was the new Yacht we were going to order..
Maybe the world wasn't just waiting for the news that CLSC got thier work out plan approved.
Not first time nothing happened on somewhat good news.
Little dishearting ..was hoping for a tic up. and some vol. Nobody seems to be watching anymore out side of this little ship of ?
I know the boys are trying and thanks for that.
Beach grl has a point.. no broker house I know of would advise me to buy penny stock with that much debt and so far small sales still in 11 protection. ..I hope we see your million shares today and some upward motion however does not look any different than a week ago to me in volume or PPS ... ask youself are you buying more now that you see this news?
I'm pretty much all in for better or worse I wish them well , sell, sell, sell, pink pills that is not stock.
Well I thought your post was very accurate as well including the best and lessor points and I tried to collaborate it best I could , the 35 page doc is a hand full.
This message board will probably have real news next week.
It would have been nice if CLSC were more responsive to the street however their main concern is probably internal and sales as if that goes well the street will be fine.
Thanks for spreading some truth, rather than rumor.
lido
ok 2 things....
They are not OUT OF BK they confirmed a plan put forth by Cobalis to repay debts and re organize the company .
The judge agreed to let them do that with pretty stringent goals and requirements.
If they do all that the will emerge out of chapter 11 BK.
Ya wanted to put them in a 7 BK and seize thier assets and close the company know as COBALIS that did not happen the Judge confirnmed the 11...CLSC plan, not Ya's
Second thing when a press release goes out it has to be written based on the facts/order, approved by the board and thier attornies then it can go out..
I'm sure you will see a well written release pretty soon.
This stuff takes a few days to do correctly which CLSC board is commited to do.
YES THEY WON HOWEVER THEY VERY DEFINITELY OWE AN AMOUNT TO YA ETAL AND HAVE MONTHLY PAYMENTS.
I BELIEVE THERE IS ANOTHER MATTER BEFORE A DIFFERENT COURT THAT COULD SIGNIFICANTLY MITIGATE WHAT CLSC OWES HOWEVER IT HAS YET TO BE HEARD... THE IDEA THEY OWE NOTHING JUST IS NOT TRUE BY THAT 35 PAGE ORDER..
SURLY YOU HAVE AN ATTORNEY WHO CAN DOWN LOAD FROM PACER THIS DECISION . IT'S BIG AND COMPLICATED AND NOT MY PLACE TO PUBLISH IT HOWEVER IS THERE FOR ANYONE WHO WANTS TO SEE THE REAL DEAL.
OK
Thank you nice recap,
I did not feel comfortable posting the whole thing without the blessings for the boys. I can confirm that this is an acurate account of the court doc's as I read as well..
thanks for this.
Lido
I already have 4 homes in the tropics I'll sell 2 or trade for shares.....wheres .25? whats holding it still are there those that still think they are in a BK fight.. they won look it up.
UNITED STATES BANKRUPTCY COURT
CENTRAL DISTRICT OF CALIFORNIA
In re:
COBALIS CORPORATION,
Debtor(s).
Case No: 8:07-bk-12347-TA
Chapter: 11
STATEMENT OF DECISION ON PLAN
CONFIRMATIONS
Date: March 24, 2010
Time: 11:00 a.m.
Location: (Judge approved CLSC plan ) end of story now all they need do is do what they proposed.
It's no longer a fight for ownership or equity.
CLSC is on it own with a plan capitol and product.
Congradulations CR , MT, KP, CT, and all who fought so hard.
now sell sell sell....
my attorney got it for me last night....
The Court (found) that debtor’s plan meets all of the criteria set forth in 11 U.S.C. §1129(a
I have seen it..I'll ask if i can post whole thing just came out last night I think probably no news today as they have to digest it and and write release and get approved by board and attornies I'd guess.
It is public knowledge at this point 100% if you can find it on internet ..It's the final decision from this court therefore now Public.
cool hope so... be well
yea similar box ...no harm .. speaking of boxes...
wheres the Russian Box for the 20,000,000 dollar order?
lets see one ..
when do they ship the first box ..
Show me the Rupies? Rubles? whatever...