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Another in a long line of brilliant comments from skydog
That is how short sellers settle their sales--by borrowing them from somebody who is long
Right but the first words state it trades ex-distibution March 6, which means anyone buying after March 5 is not entitled to the Spinco shares.
Ambiguous.
"The shares of the Company will trade ex-distribution on March 6, 2015, meaning that purchasers of the Company’s shares after March 6, 2015, will not receive Spinco shares pursuant to the Arrangement."
Trading ex-distribution on March 6 means trading without the Spinco shares on March 6. This is contradicted later in the sentence. He may have meant to say it will trade ex-distribution on March 9.
Right now we don't know. Anybody with a line of communication to the President should get this clarified and have him issue an amended announcement.
Y'all are getting confused about the wrong thing. You get 16 shares of Spinco for every 100 shares of Blozf you own...
The question is whether you can still get Spinco if you buy today or not. The press release was ambiguous on this issue.
I disagree...the statement below is self-contradictory...the release says this:
The shares of the Company will trade ex-distribution on March 6, 2015, meaning that purchasers of the Company’s shares after March 6, 2015, will not receive Spinco shares pursuant to the Arrangement.
When the stock trades ex-distribution, that means, without the Spinco shares.
If it truly trades ex-distribution tomorrow, then today was the last day to get shares in Spinco.
If purchasers of the company's shares after March 6 will not receive the dividend, then it trades ex-distribution on March 9, not March 6.
good stuff thanks
This statement in the release is ambiguous. Not clear by this statement whether you can buy tomorrow and still participate. Company needs to make a clarification.
thanks was waiting for your take...the Roth conference on the 10th...Roth is the firm that did the financing last November...probably a good audience to release some info, not sure what...maybe news has leaked out of Boston University and the CTE results due on April 16th....would be great publicity at the very least, leading to revenues at the most...
Yea it's all spec on the gold property but with the surrounding development and success in the immediate region, I like it.
The stock will trade with the "value" of the spunoff company until the ex-date, upon which blozf will trade "ex" the spinoff at a theoretically reduced price, all else being equal.
Good point--info leaks will translate in to technicals before any official announcement...that's why the technicals are so important...thanks for your input there, I am definitely going to incorporate more of that stuff in to my decsision making going forward. I've always been a fundamentalist but to get the timing down you gots to analyze the charts.
I believe with this company that we could have a trend reversal quicker than with a bigger more staid operation. Major news could hit that is not baked in to the price, like this CTE news in April, or other news out of the Exosome Sciences subsidiary.
This news could include a reorganization whereby Aethlon is subsumed in to Exosome Sciences in a reverse merger. ESI would be the surviving company, with a new capital structure (lower share count) that would allow for a price over $5/share and a NASDAQ listing.
Just my opinion...
Hopester would say it's a hold until evidence of a trend reversal. He would rather pay a few cents more once a confirmed uptrend is in place than try to bottom fish, which is what any buying now is (like me)
Hopester correct me if I'm wrong.
lol Cigs, yea he is awesome
No, because whoever bought their shares now gets the spinoff
You are correct, as I've been saying for weeks now, the stock has not begun trading ex the spinoff, so holders up to the ex-date (which has not been announced) will get the gold spinoff.
So that's what your appearance here is about, you think we are your competition, is that it? Jut goes to show how little you understand about what AEMD is doing.
You would think so
good find
We'll get another share price pop when everyone finds out they still are entitled to the spinoff up until the stock trades ex the spinoff.
I know nobody believes this yet, hence the pop
March 2, 2015
Cannabix Technologies Provides Update on Marijuana Breathalyzer and Spinout
Vancouver, British Columbia, March 2, 2015 -- Cannabix Technologies Inc. (CSE: BLO) (OTC PINK: BLOZF), is pleased to announce it has produced an Alpha version of the Cannabix Marijuana Breathalyzer prototype. Fabrication of prototype parts, creation of firmware, circuit boards, electronics and detection modules are all completed in the Alpha version. The Alpha version of the Cannabix Marijuana Breathalyzer has been developed in concert with KLN Klein Product Development Inc. of Vancouver, B.C.
The Company will now begin testing the device internally with medical marijuana users. In addition, the Company is continuing to work with consultants and scientists to maximize THC sensitivity, detection and reliability of the device for use as a roadside or workplace drug impairment tool.
Further modifications may be made to enhance a range of components that make up the device including optimization of THC detection levels, weather proofing, calibration methods and other features. After internal testing and development is complete with the Alpha prototype, the Company will look to release a Beta version for trial testing with external organizations. Trial testing externally (with independent agencies) will help determine reliability, functionality and accuracy of the device within a larger population of potential end users.
Kal Malhi, President of Cannabix Technologies stated, “We have initiated our internal testing of the Alpha version of the breathalyzer prototype. We are also excited to have commenced discussions with suitable organizations for trial testing.”
The Company reports that the British Columbia Supreme Court has granted final approval of the plan of arrangement to transfer 100% of the Monster Lake South gold property to Spinco (Torino Ventures Inc.). Further details with regards to a record date and closing of the plan of arrangement will be forthcoming.
On behalf of the Board of Directors
“Rav Mlait”
CEO
PROTOYPE is out!!!
The low institutional ownership in my opinion could be due to both the low shares outstanding and the low market cap. Both of these factors are not institutional friendly. If we get approved by FDA and get a nice price pop to the $20 area, then split 3 for 1, it would be much more attractive to an institution. Castor acquired most of his stock off-market.
Hopester it's looking like you called it
Maybe we start to build a base in this range with the FDA result coupled with anticipation of the April CTE results
Something about it always being darkest before it gets brighter
This one almost seems too easy. I'm in pretty big, fingers crossed
They are just going through the regulatory motions--we know the product is effective at removing envelope viruses off all kinds. No suspense here.
Sell and go away
thanks much for this input
Says they are working on a device for the roads too. Could be a competitor I suppose but not like we expected to be the only player in the market
Is this Sensabues technology the one we have licensed? It's a Swedish company.
Perhaps they'll have to use in conjunction with field tests like saliva content, ability to refrain from eating chips, etc.
Great stuff! Puts the whole "gotta be admissable in court" roadblock in perspective.
Thanks again--we should get final Hep-C results in October, with preliminaries prior to then...along with CTE news, Cancer IDE submission, new Ebola treatments perhaps, all before the October news...perhaps a 9 month base build will be sufficient.
No you are correct you never said a news release would break a trend--it was my thinking that a company like this could have a SUBSTANTIAL news release which could be a game changer and this might reverse a trend without the base-building and all...but like you said, news is received differently when the stock is in different "modes" so anything other than game changers will require the aforementioned "healing".
Thanks again for your work.
lol TonyJoe, they should know it improves driving skills anyway right
State the factual information you have for making the claim that the prototype is a fantasy. We'll be waiting.
Your points are well-taken. Like you you have said as well, one press release, albeit a significant one, can get things turned around quickly with this stock. You have made the point that you'd rather catch this on the way up and miss a few percent than try to catch the bottom.
Can't argue with that and appreciate the technical updates.
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