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yep, "plans to" and patent might be granted next year at the earliest. Could then be monetized as the drone patent?
Wake me up next spring then
Apparently Goma is facing a series of killings, Bukavu lacks electricity and sees houses on fire, a break of cholera and tensions linked with the upcoming elections. Fair to say it's not the best environment for testing a new drug, that is if it ever gets there before the local groups seize the lots. After all it's Africa and the mess in Noger and Gabon could very well spill in RDC after the elections
Yes, this dog is dead until November at best. Looks like the CE removal electrochoc left the patient braindead, unable to articulate anything that makes sense
Yeah, when you thought they hit bottom, you. find out they are still digging deeper. So it's a slow start to say the least
it didn't take long, less than 2 hours...
Well, it looks like as usual the preview was biggerv than the actual news. Yawn, back to 2s this week I am afraid
It's not even "shortly" anymore, they are now... "planning" and still using the future tense
Just wondering how many "will" or "shortly" we will get in the update scheduled this week (don't count on anything before Friday though). let's start betting, I say 3 minimum
Looks like bailing out at 0.041 last week was rhe right decision, never fall in love with a stock when the fundenmetals are not there anymore. Mixed bag on reinvesting in ATVK and VOCL, but pretty much positive on ATVK move today. GLTA, because I think it will be needed
As long as it is not BK prices... What are they just spending their time on, since nothing seems to make any progress (acquisitions, uplist, penny stock exemption, you name it)?
Based on market action, I would guess not. The longer the silence, the lower we go, starting back in the 2's. Great job indeed
Shorting is above all based on market perception of a company, based on many elements : earnings, transparency, credibilty, strategy,... It is a consequence, not a cause. If and when these causes are tackled and or wiped out thanks to clear messages, X Space discussion or whatever it takes, perception might change and shorting will be reduced. So let's hear what is in store later this week. If substance and facts are lining up, we should see some action
Yep, bid at 0.0025, fasten your seatbelts
Ouch 0.0030x0.0035, this thing is toast unless we get news, but I think there is nothing of substance on the horizon. You wonder why taking the pain of CE removal for sitting around and doing nothing the following three months
Not so much, no support from the company to help the SP. Just deafening silence, proving the short sellers right
At the same time, choosing Africa and a remote location as Bukavu will help you missing your deadlines. By the time the product clears customs in Kinshasa, you can count on another week to reach the site then another week to get things organized locally. Last week of August is likely then. Sold the last part of my position on Monday. GLTA
But it seems like there is nobody in the traffic control tower to hear the mayday message from the pilot on the plane... looks loke crash landing"sooner" rather than later
Think so too. Back to square one at 0.0042, like on April 6 : we closed the loop and in absence of any news "shortly", we will test back the 3s imho
We are talking Africa and an area with tensions with neighboring Rwanda. I now read the local newspaper every day and it’s all about arsons, violence, crime and bribery. So do not expect a thorough implementation it will be the African way. Health is not even a headline topic on their website
It looks like that trial will continue for a while with this application, unless the court decides otherwise, but I guess the application comes with new information
Yes, 24 hours is not their time scale. We are talking shortly, ie in months rather than days
what is disappointing is the fact there is huge potential here if only management was able to walk the talk. Instead of throwing bait for the future, one simple action could get up above the penny line : so if only one of the "shortly" announcement could materialize, we would be in a much better shape. Not counting on the share cancelation though, this is a matter of years after all the appeals get instrumentalized. So get your act together ATVK, show us some revenue generating acquisition(s) sooner than later : you had ample time to think this through during two years under CE, it's time for implementation
Biogen is buying Reata Pharma for 7 billions. The SAGA deal really belongs in the junior league...
Now you understand why they teamed up with ENZC...
Yeah, shortly... They are reinventing the meaning of the word. In any case they do not seem to care the least on updating on their failed promises. But what else is new. You really wonder why they wanted to get off of CE : their strategic plan obviously does not exist. Pathetic
No impact whatsoever for ENZC. This concerns BGEN that is being sold for a known amount. Could benefit SAGA if they ever can raise the 450 millions
Anyone can put an alert on Twitter, it does not have any kind of substance :
- multiple tech acquisitions : yeah, shortly...
- multiple revenue streams : in your dreams, no revenue apart from the drone patent sale, now complete
- transparent : huh? Teasing for things to happen in the future, with no follow up with actions.
It is so easy I can make an alert myself : FNKO, down 25% from last week because the CEO is leaving his position but remains in the Board, likely because of burnout given the tone of the PR. NO, I mean NO CEO on Earth is worth 25% of market cap. So it will be back up in a month.
See it is easy
Yep, that's the reason I sold half my position on Friday and will get rid of the rest next week. Already up 6.5% on the stock I purchased as a replacement in my portfolio. Good luck to all because I think you will need it
I think the key info that went unnoticed is that the OG Collection audit should be completed by next Monday. If they react quickly on the dividend, it could be a major catalyst for short covering next month. Time will tell
Strategy looks clear to me. Focusing on core is fine. Still lots of questions on the OG spinoff dividend: will we ne obliged to open an account on Upstream, how will they know the account blockchain to deposit the shares,…???
Once again, « shortly » could mean a long time, unless this « shortly » is shorter than the others. I hate it when they raise expectations to sit on them for as long as they want, like the acquisitions (no mord word about them). They should learn once and for all to walk the talk becaus markets expect facts, not announcements on Twitter with little follow up and no accountability, hence no action on the share price
A repeat of last October in the making? As mentioned by Jeremy in the past, OG collection has been appraised at 10 million dollars, twice the current market cap. Without the naked shorting, we should be around 0.15 dollars at least. The 3 to 5 dollars price envisioned in the failed merger might have been a little streched, but I believe a 1 USD share price would be adequate at these times of growing revenues
whatever you were thinking, rethink it amigo
I meant cash equivalent. I do hope it is a stock dividend, as cash dividends are taxed 30% in Belgium, unlike stock dividends. I should liquidate my ENZC position before anyway. Lots of other possibilities in these markets to keep dead money for months : I figure 6 months after the last SPAC extension will be end of Q1 2024, if the deal goes through. Pathetic to end up like that what a wasted potential.
In any case, the markets are not buying the "supplemental information". Based on the example (overly simplified, what is happening to the preferred series by the way?), shareholders will get 9 cents plus the residual ENZC value (almost zero based on no assets, even intangible) six months after the closing. Great investment!! You kind of wish the deal never materializes. Dead money
Your math is suick and dirty indeed, because in that case VIRO and BGEN are left with nothing to finance their trials and orher growth opprtunities. So let’s wait for clarofications instead if misleading this board. Getting 12 dollars of dividend for every 76 shares worth 3,75 bucks at best will simply not happen
Unlike the company structure : a little bit of everything amounts to nothing
and since making good on their milestones is not at the heart of their business model, any spillover to next week would not come as a complete surprise
I hope the core of their artocle has been checked better than their geography : neither Goma nor Bukavu are located in Rwanda...
The storm has been promised again and again: news and acquisitions to ne announced once CE is removed. One month later, nothing, nada, rien, niets. Not fooled any more