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..and that "potential" tick has ran its course. The pps party is OVER! until there are CONCRETE! numbers to coincide with the announcement.
GLTA!!
"Undervalued".. HOW?? NO! "financial terms" were disclosed at the time of the PR and VPRO was WORTHLESS at the time of the PR.
Your whole valuation "theory" is one big GUESS!
GLTA!!
Potential, potential, potential.. that is the BASIS! of the VPRO "dream"??
VPRO hasn't received ONE DIME! per the "initial" announcement. Any revenue received from the "collaboration" is predicated on "milestones" and "royalties from ensuing sales".
So, the FACT! remains VPRO is STILL! worthless and I'm not holding my breath until "something" materializes.
IMO, IF! anything materializes between the collaboration, it would FIRST! be marketed in INDIA(Intas), because of less stringent regulations(faster to market)... but VPRO would have NOTHING! to do with that phase.
Then it would be a licensing issue, if successful, where Intas OR Spectrum would be the beneficiaries! and VPRO just a SIDE-NOTE! hoping to pick up some CRAMS business.
Say what you want, but you have NOTHING! "solid" that makes VPRO any more valuable now than in the past.
GLTA!!
So, THAT'S! your answer.. no wonder bankruptcies are at an ALL-TIME! high.
Have you ever heard the phrase.. "xyz acquires xyz in an ALL CASH! transaction".. YES!, there are Companies that ACTUAL have the assets/cash to purchase without creating MORE! "debt/dilution" for the Co.
Intas(with its 1.1B capital) has been involved with VPRO/BPD since 2008! and haven't done SQUAT!
Then out the blue SPPI drops VPRO in a PR?? VPRO, a Co. that has had a TOTAL! of $264K of revenue since INCEPTION! Obviously, BPD's "Contract Research and Manufacturing Services (CRAMS)" ISN'T! in high demand.
IMO, a favor-for-favor was devised between someone in the Intas organization with a Board Member(Dr. Mehta?) of Spectrum, ESPECIALLY, since BOTH parties have direct ties to Ahmedabad, India. Just to give VPRO/BPD some "exposure".
As far as I'm concerned a "Collaboration" doesn't mean squat until something ACTUALLY! materializes.
GLTA!!
Please! explain to me why VPRO is planning on taking MORE!(still have convertibles out there according to the Qs) DEBT!...
"Viropro announces it has retained the services of Gilford Securities as its Strategic Advisor.
Dec 20, 2010 (TheNewswire.ca via COMTEX) -- (via Thenewswire.ca)
Irvine, CA and Montreal, QC, Monday, December 20, 2010 Viropro is proud to announce it has retained the services of New York based Gilford Securities Inc. as its strategic advisor. Gilford will advise the company on its identified acquisition targets as well as the coming best effort financing....
...Specifics of the financing effort have not yet been determined but a mix of DEBT and EQUITY will be involved.
As YOU! have stated.. VPRO is "backed" by a $1.1bil Indian pharmaceutical company(Intas)... CERTAINLY! Intas has MORE than enough worth to "subsidize" any acquisitions/JVs.
Just another RED-FLAG!
GLTA!!
Well, "rose-colored" glasses aren't that appealing EITHER!
SKEPTICISM! arises when there are too many "inconsistencies"(ex. stated revenue that NEVER shows up on the books) AND "questionable" coincidences(ex. both Co.s in the JV have a connection to Ahmedabad, India).
GLTA!!
"In October 2007, the Company signed the final contract with Intas Biopharmaceuticals Limited (IBPL) for the development and production of an undisclosed therapeutic protein. The signature of the development contract along with a consultancy agreement contract signed in parallel will provide Viropro with product development and licensing revenues of US$ 2.1 Million over the next 2 years.".. LMAO!
Take a look at YE(Dec.'09) Q! $264K in revenue since INCEPTION!
"...US$ 2.1M over the next 2 years" starting from 2007!(why I used the '09 Q)... WHERE!! is the money on the balance sheet(s)??
Just a lot of HOT AIR!
GLTA!!
You make it sound like it's ALL legitimate... But my review of the FACTS!.. makes it ALL seem a little FISHY!
VPRO is just a FRONT!! Co. for Intas Biopharmaceuticals Ltd. ....
On April 14, the Company announced it had completed the acquisition of Biologics Process Development Inc. (“ BPD ”) against issuance of 90,000,000 common shares to Intas Biopharmaceutics to own 100% of the outstanding shares of BPD. 10Q
Going further...
"...Since April 14, 2010, Intas Biopharmaceuticals Ltd. (IBPL), of India, is the controlling shareholder of Viropro Inc. 10Q
Not surprisingly, the WHOLE! JV funnels back to INDIA!
Intas Biopharmaceuticals Ltd. is located in Ahmedabad, Gujarat, India
Funny how a member of the BOD!! for SPPI(Spectrum Pharmaceutcals Inc.) is ALSO! from the SAME! area...
Dr. Mehta served as Chairman of the board of directors of Quintiles Spectral (India) Limited (Ahmedabad, India) from 1998 to 2001... http://investor.spectrumpharm.com/directors.cfm
All you ppl HYPING! VPRO did was PUMP! money into Intas Biopharmaceuticals Ltd. which is located in INDIA by buying THEIR!! shares(90M+).
VPRO is WORTHLESS!..
"..During the one month period ended December 31, 2010 and December 31, 2009, the Company had no operating revenues and thus there was no gross profit for either period. This resulted in the Company incurring net losses of $47,200 for 2010 compared to a profit of $9,962 for 2009 arising from the recognition of gains from settlements. 10Q
What a GREAT! plan by Spectrum/Intas to PUMP! capital to Intas Biopharmaceuticals Ltd. using a FRONT! Co.
Wouldn't be surprised if the DoJ! took a look at this deal..
"...The DoJ declined to comment. But last November, Lanny Breuer, head of the DoJ’s criminal division, announced that investigators would be focusing on international corruption in the pharmaceuticals industry for “years”.
http://www.cchrint.org/2010/08/13/us-department-of-justice-probes-corruption-in-big-pharma-glaxo-pfizer-bristol-myers-squibb-eli-lilly-merck/
GLTA!!
What makes you think SPPI is all that great?? SPPI is DESPERATE! to turn the Co. around...
...Biotech company Spectrum, which has a focus on cancer treatment, has been focused on making another push to improve the weak sales of its leading drug Zevalin. In its most recent quarterly results, Spectrum swung to a loss as it spent more to market Zevalin and another drug, Fusilev, which treats a vitamin deficiency in patients who have been treated with chemotherapy for colorectal cancer. PR
MANY! a "Nasdaq" stock has FALLEN! from that tier due to varying circumstances.
You have NO idea where SPPI will be next year or the year after that..
GLTA!!
Are you ppl that SLOW! VPRO is just a FRONT!! Co. for Intas Biopharmaceuticals Ltd. ....
On April 14, the Company announced it had completed the acquisition of Biologics Process Development Inc. (“ BPD ”) against issuance of 90,000,000 common shares to Intas Biopharmaceutics to own 100% of the outstanding shares of BPD. 10Q
Going further...
"...Since April 14, 2010, Intas Biopharmaceuticals Ltd. (IBPL), of India, is the controlling shareholder of Viropro Inc. 10Q
Not surprisingly, the WHOLE! JV funnels back to INDIA!
Intas Biopharmaceuticals Ltd. is located in Ahmedabad, Gujarat, India
Funny how a member of the BOD!! for SPPI(Spectrum Pharmaceutcals Inc.) is ALSO! from the SAME! area...
Dr. Mehta served as Chairman of the board of directors of Quintiles Spectral (India) Limited (Ahmedabad, India) from 1998 to 2001... http://investor.spectrumpharm.com/directors.cfm
All you ppl HYPING! VPRO did was PUMP! money into Intas Biopharmaceuticals Ltd. which is located in INDIA by buying THEIR!! shares(90M+)... LMAO!!
That being said, you are FOOLS! to think you now own a piece of Intas Biopharmaceuticals Ltd.(the REAL! prize).
VPRO is WORTHLESS!..
"..During the one month period ended December 31, 2010 and December 31, 2009, the Company had no operating revenues and thus there was no gross profit for either period. This resulted in the Company incurring net losses of $47,200 for 2010 compared to a profit of $9,962 for 2009 arising from the recognition of gains from settlements. 10Q
What a GREAT! plan by Spectrum/Intas to PUMP! capital to Intas Biopharmaceuticals Ltd.... and in the process create a lot of BAGHOLDRS! in a "FRONT" Co.
GLTA!!
Oh yeahhhhh, they were receiving so much revenue from their "other" clents, that trading SUB-PENNY! before the hype had them undervalued??
Just comical!
GLTA!!
"...locked up some significant royalty payments for the next four years."... WHAT??.. you're JOKING right??
From sales of WHAT! product??
That summation in your post is really TWISTED! Please examine what you are writing.
GLTA!!
LMAO!!... that's the mentality of probably 90% of the traders here... me INCLUDED!
Mark my words.. as interest wanes.. VPRO will DROP! further as ppl cutting their losses/taking profit from the lows "snowball" the decline.
GLTA!!
Do you understand NO!! revenue(sales) until then(2015).. IF!! they're successful... unless you have crystal ball in to the future that guarantees! everyone here that the sim-drug is a done deal AND! "approved" by the FDA!!
GLTA!!
What DOES! this deal do for VPRO holders for the next 4 YEARS?? 2015(Expiration of the "present" patent) is a Longggggg way off and there's a BIG!! "if" to anything materializing at THAT!
Do you plan on holding VPRO for the next 4 years??
Like I said... ALL "hype" at this juncture.
GLTA!!
WHAT?? The JV hasn't produced CRAP! CAN'T! even put a product on the market till 2015??(READ the PR)... and you think this has a "present" valuation of $1+??.. based on WHAT?
THIS was "pumped" on BS!... LOL! all the way to the BANK!!
GLTA!!
H-DOG, you should STICKY!! that info. That gives investors an EXCELLENT! valuation of what we have here. Not that the other stickys are just as important, but you know ppl... MONEY!!(what's it worth?).
GLTA!!
LOL!, probably had NO! idea what they had... $1+ is a REAL possibility here and SOON!(considering the float).
GLTA!!
Maybe, but considering this is the FIRST! day of the breakout with a RETRACE(50%) from the .20 mark already, I'd be hard pressed to think that if it starts HARD out the gate that it would go to .16 then retrace again?? to near lows(.12)??
We shall see.....
GLTA!!
That sounds about right, because before today, EGOH was wayyyyy off the radar.
GLTA!!
I would assume not many. More eyes tend to come when you have an EXPLOSIVE! breakout/move as was the case today.
GLTA!!
With you THERE!! Hope it gaps and NEVER! looks back... :)
GLTA!!
RIGHT!, which would translate into a worth of $$ ~1.2 BILLION!! (@ todays going price/barrel).
Can you say KA-CHING!!
GLTA!!
Bought at the CLOSE! jussst in case there was major profit taking. IMO, anybody that "wanted" to take profit had AMPLE time to cash in on a NICE! gain, therefore I agree, .11+/- .01 would seem the bottom.
Expect EGOH to ROCKET!! out the gate tomorrow...
GLTA!!
Couldn't AGREE! more. Held through all that riff-raff naysayer BS! Just for that. my ask has gone exponentially!
GLTA!!
"...buy it lower in the morning". That's WHY they've been talking it down ALL! day. I said my piece this morning, and went on with my day.
SLMU is the REAL! deal(BIG $$$ headed its way) and I don't need to post ALL! day to prove it.
JUST go read ALL! about it at SunLogics.com
GLTA!!
Yeah, pretty straight-forward!
GLTA!!
No connection??...
Sunlogics Power Fund Management Inc. (SPFM)
Investment Objective
The fund has been established to invest in Sunlogics Inc. commercial solar power installations in North America. Projects will range in size from 20KW to as large as 10MW. All project investments will be identified and developed in partnership with Sunlogics Power Fund Management Inc. The net proceeds raised from subscribers will be contributed towards procurement of turnkey installations as identified and commissioned by SPFM. The fund targets returns of 10% to 15% from the cash flow generated from power sales of installations.
Project Operator
Sunlogics Inc. will be the developer and operator of the solar installations. Sunlogics is a vertically integrated solar projects developer that has procured partner alliances with world-class solar panel manufacturers and procurement organizations for the development and installation of commercial solar powered electricity generating systems.
For more information about the Sunlogics Power Fund Management Inc.: invest@sunlogics.com
Right off the website in B&W! ... http://sunlogics.com/investors/
GLTA!!
Welll... there's always the "affair".. LOL! I would be surprised if "exclusivity" was involved here with GM.
GLTA!!
"Many of the stations at GM facilities will be powered by renewable solar energy. The Detroit-Hamtramck assembly center already has 10 stations in place powered by photovoltaic systems from SunLogics Inc".
THAT! says it all. SLMU is about to FLY! and GM isn't the only one that manufactures electric vehicles, which translates into some BIG $$$ for "solar-electric stations" to accommodate ALL! electric vehicles.
GLTA!!
UBRG lists property value at 300K yet post 747 message indicates 20 million bbrls oil and
17 million units natural gas. What gives?
Really?? I didn't realize a Q/K had come out factoring in the NEW!(12/2010) joint venture.
NDR is merely linking customers with producers, doesn't produce. UBRG showing 613K loss thru June, this would include NDR income or loss.
Procurist/Brokers don't make money??... LMAO! The difference between what they bought it for and re-sold it at IS their revenue. What you FAIL to realize is that they can make a TON!! of money in the "high demand/rising price" of BOTH commodities(Oil & Gas).
... and as the 12/2010 PRs state... they NOW! have a stake in PRODUCING! from the ground.
Throw them under the bus all you want.. but UBRG clearly has their ducks lined up.. and it's PAYING OFF!
GLTA!!
MIND-BOGGLING!!, isn't it. ;)
GLTA!!
"Bottom-Floor" really! This IS! one stock that should be trading between $.50-1.00... based on the info from their last 2 PRs AND the revenue going forward!
GLTA!!
LOL!.. I agree. UBRG is CERTAINLY! a farrrr cry from those FAKE! "gold-rush" POS(and they wonder why they got BURNED!). UBRG is SOLID! with w/ an OUTSTANDING! revenue stream... that's PROVEN!
GLTA!!
INDEED!... just can't believe we are still @ this pps! Those "income" figures place this stock well ABOVE!! $1.00+
GLTA!!
Not 1 year anymore.. "unrestricted" after 6 mos ..if the issuer falls into the "qualifying" category. SEC changed this years ago...
"Holders of restricted shares not issued by shells now have unrestricted public resale privileges after six months."
For a nice overview of the whole matter...
http://www.feldmanllp.com/news-01-10-08a.htm
Now that we know this.. SCFR EXPLICITLY states..
"The issuer is not now, nor has ever been a “shell company” pursuant to Rule 405 of the Securities
Act of 1933. ..."
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=35068
Looks like all this JIVES! with the Q1(2011) issuance.. FREELY! trading at that... if everything is on the up and UP!
GLTA!!
Roughly, $2 Billion "US dollars".. over what delivery time frame.. I'm not sure, BUT! we do know the Co. is REAL( confirmed they are mining AND producing GOLD.. post # 112035) and the offer is REAL( actual hard copy posted on Aurus website).
GLTA!!
I agree... imo... a SQUEEZE! has been "triggered".
GLTA!!
From .50.. you would think there are PLENTY of "shorts" to COVER from this level!
GLTA!!
Patience my fellow PCIO'ers... magic "dime" coming up VERY SOON! PCIO is rolling along very NICELY! as I thought it would.
GLTA!!