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Remove the emotion entirely and re ask.
Is a habitual penny stock that has already RS multiple times that has gone down every time after going to go down when it RS again? - yes
It is the safest and easiest money on the market to be made. Short after RS.
It already is
Only those who own 5% or more need to file. He doesn’t have that many so no, he can sell without telling anyone
Brooks! Where ya been?
You don’t buy a building from the company that leases it. You buy it from the company that owns it. The landlord breaks the lease with the tenant and then sells it to the bidder. Vivos doesn’t own the only valuable thing here. There’s nothing to acquire ie reason to overpay RDGL
Although I’m glad he’s transparent, it’s quite possibly the biggest and loudest call to arms to get out of this ever. Jesus that was a truthful but terrible thing to have to read...and I’m not even in this. Wow
You'll have plenty of opportunity. Over 76-9M shares being dumped Monday for note holders
Then I would think he has sold. He knew 2 things
1 Beginning of Feb the dilution would continue because Jan was exhausted under the agreement
2 the RS was coming
He's out and the stock will drop just like it always does
Preferred shares will not be affected by the RS. Just you folks. What does Mr Sharp have?
How? They had animal testing years ago. You’re right there is something different. The CFO quit bc the company couldn’t afford to pay him and the debt has doubled. Actually last time they had money in the bank too.
Exactly this already split twice and it didn’t work. “We have the cure for cancer” yet no one will invest and need to RS.......again
Lol seriously?
Why wouldn’t they. After it RS last time it dove off a cliff. It will certainly do it again. It’s done one thing for a decade straight. Go down and disappoint shareholders. Thinking this time will be different is what they are hoping you do.
This is terrible for RDGL. Essentially a super cheap antibiotic to alleviate cancer safely. This is already being well funded and tested.
FYI. This is being spread all over the world today with enormous attention
https://whdh.com/news/scientists-say-they-may-have-found-complete-cure-for-cancer/
Friend in South America brought it to my attention. This is great.
Based on?
Let me help you out. They can only run so much a month. In Feb it will start all over again.
It’s restricted amounts after Jan 1st.
Empty fluff PR and the volume is up. Dilution is getting their fun in today, looks like everyone is doing their part as intended.
Here's your proof.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=107150895
They did get 10% ownership. They no longer own even 1%
They diluted their own partner that owns the patent.
You think they give a rat's a$$ about you?
You think Battelle has any loyalty to RDGL? The first time they don't pay their leasing fee they lose it.
The first company that approached Battelle with a real serious offer, they will take it and will not have to pay RDGL a dime. It's in the contract.
I'm talking nonsense? You now have proof.
That tells a lot. If there was any eminent news or anything soon and pressing, a professional would have their focus on the important. His focus is on something else, than this isn't important.
You're basing that every share both bought and sold were designated for assignment for debt payback in this model of yours. There's no way to delineate how much actually went to it until they release it or the TA discloses it
Yes. I discovered the truth that they didn't own it and gave a once 10% ownership to Battelle for it along with having to pay an annual lease payment.
To which Battelle was diluted way down to less than 1% ownership. Diluting the company that gives you the right to even have a product shows they have zero concern over shareholders, including ones that help them exist.
This has already RS
I speak from one of logic. Like not investing in a company that doesn’t own the patent and can have it taken from them in the escape clause from Battelle. A company that has already tested on animals and submitted this several times and been rejected each time. I do not share your opinion that this is a sure thing when the CFO just left because he cannot get paid. A company in which nobody will take the CEO job so they had to go and bring back a former board member to continue this good ol boy’s club. A company that can not afford to pay for the patent fee and will have to leverage a check just to pony this up. No sir, I don’t see this as you do. I see this as a failure and a source of entertainment watching this take years to accomplish zero revenue, nothing tangible, and cycle through staff. When a company that grows and sells federally illegal plants can go on the stock market, attract investors and rocket over 100 a share. It’s interesting to watch a company be a failure during the longest bull market in history and in a time when teenagers can raise millions of funds for an idea on a napkin on Sand Hill Rd.
Having said all that. I can say this, I honestly do hope for those with cancer I do hope a cure comes forward. It won’t be this however.
Good luck to you
You may want to try "I think" before you start a bullshit rumor like Merck is buying a company that doesn't own the patent and has a direct connection with Battelle. In other words Merck would speak directly with Battelle and remove / outbid / use the escape clause to push RDGL out.
You really think Merck would take a meeting with Korenko? Lmao. Not a logical long or short in here would even believe that.
Just stop with the BS
They should be tweeting shortly that the patent has been repaid for.
If they don't it will cause more panic selling. Annual lease payment is due in January
Because the reality is this. There is nothing certain in this world. If you are a warrant holder of the company it means you want to get paid a return. Knowing there is no certainty that it will go up and you have a chance to get your capital back and slightly more, you take it. Which is why the agreement has this in it.
"These shares will be subject to a restriction on any sales below $.02 through December 31, 2018 and will have volume limitations on any sales below $.01 for the first six months of 2019" the .02 restriction is now off
Ie they can sell = dilute up to so many shares per week as agreed for the first 6 months. Come July first...any left unsold will dump hard and fast.
Long or short that is the agreement.
If that is your question then you do not understand toxic note-holding. YOU do not understand how warrants on stocks work. You have just shown everyone this.
Do. The. Math. Contact the TA the share structure will be over 1.6-1.7 after Q2
Where was the news last week? I'm lying? Lol
No the 625 was in lieu of the overall millions in debt structure. It wasn't broken up into pieces. Read the filing it is still running today. Read the level 2 from the last few days.
Incorrect. The 625 was for after the 1o day retreat. Before the 10 day the share structure was already at 1.2B
The dilution is back up and running. The level 2 shows this and so does the volume as of late. Its trading 10M a day and sitting stagnant
Just like before the dilution break they ran the clock to an average 12-25 a day then it tapered off each day. Same thing happening right now. The 625 is being unloaded slowly everyday, just like it did before. Buys and sells show it
Brooksy there isn’t any. He’s been saying news is coming and hyping this daily for months.
Exactly
Dilution mill
Agreed. He is a penny stock hero. Doesn't take Buffet to figure out why Sharp isn't recruited by any Fortune 500
No. No its not a myth. It is 100% true. Your stock is coming unraveled just like it always does. Several have tried to tell you. Nobody is shorting this to make the longs pay...this is what it always does. Nothing.
The dilution is very real and the volume before noon today is already high.
People are dumping before this likely hits in the 2-3s again
You have it in black and white. There are 625M owed, they will get it slow and steady just like they did through Q2 and 3 last year so not to cause a panic
“Cheapies”
Makes me laugh. If you think this is going to actually become something than it’s cheap whether it goes up or down. Some of the ridiculous numbers being thrown around here like $10...why are you waiting to add?!
Lol we know why.
If this is ticking down a few and it’s now cheap...the psychology of that statement dictates that you think it will only go up a few more points.
Gents, this can’t hold a penny. I have news for you. This is cheap. It’s always going to be cheap.
And how many were awarded to him for him attempting to broker a deal?
Exactly.
You clearly thought Korenko and Sharp bought all these shares on the open market. Thanks for confirming what your knowledge level is about stocks
Bc that’s his company package. It’s been stated. They don’t have the funds to pay him so he took the job on assignment of shares.
You thought he bought them.
Lol
It’s why nobody else took or wanted the job
Anyone that thinks in this last month there was people dumping / buying for tax loss when this has been the worst month since 1931 either doesn't understand tax deferring or is simply throwing that out there to console themselves.
So you have pointed out that I was a long. I have stated this many times. You failed to also go back far enough to show where I stated when exactly & where I got out with the paid for shares. You ALSO failed to point out when I sold my free shares. Lastly, you failed yet again to point out when I stated...years ago..this was going no where..and it has done just that.
Look at it now. A RS, still a penny stock. Still no revenues. Animal testing done, for the second time. Failed 3 times to date. They cannot get a real CEO so they went back and brought back in the only guy that would take the job - a former board member.
CEO - left
CFO - left
A board member that specialized in brokering partnerships and investing -left
Since i got out the market went on a unprecedented run. Both public and private money flowed into every aspect of investing and the biotech space had a mountain of capital invested. To which ADMD / RDGL went to several penny conferences and presented at conferences and walked away without an injection of cash.
13 year school kids are making millions and receiving VC funds but this "cancer cure" cannot. Do you think that is because mean people are talking on a stock board about things? Or perhaps its those of us who write checks see the bullshit? Obviously because no one has accept daddy Cadwell with a 10% return, the latter is very much the case. Not because I said so but, because nobody has. Action is worth more than a tweet or a PR
This board posts ridiculous things like "a buyout is coming" and "Human approval" when you have zero, zero basis to state this. If that were the case the insiders and financiers would be at the door each morning trying to buy shares where there are none left. However, there are plenty left and plenty to dilute still. This would already be at a few dollars, possibly double digit dollars. Wall Street has more leaks than a submarine with a screen door that was attacked by torpedoes.
I love when people are so hell-bent on trying to prove their point they only prove that some of us learn and some are still so blind and hopeful they don't see how much they only proved the former longs (now out of the stock) correct.
Cheers and thank you sir.
Literally the best post on the board
Same thing that always happens and will continue to happen. Nothing of real investor value and no revenue.
Having approval to work on pets doesn't make this worth anything if they cannot deliver, can't get vets to put their name on the line to use it, have no marketing strat, and have no way to bring in the millions of dollars to market, build a pipeline, ship product, pay the royalty to Battelle, leave enough markup for the vet, purchase inventory, store that inventory and on and on. There is a ocean of costs and hurdles to overcome to bring this to a real company versus the 1 bedroom stock this currently is. It's why they cannot attract a real investor and haven't been able to for 10 years