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"With regards to ADXS it is Verify and only then Trust."
My verification of Ken is how he plans to raise $20 million (for which he gets a bonus)
1. If Ken raises at all time low, then we are FUBAR (F'ed Up Beyond All Recognition)
2. If Ken helps raise ADXS share price first then dilutes, then we can be hopeful.
3. If Ken lands a deal with upfront cash, then he's our man!
“The opportunity to join Advaxis at such a pivotal and active time is very exciting,” Berlin said in a statement. “I look forward to building on the company’s strong foundations and to maximize the value of our Lm-based platform technology worldwide and in multiple indications.”
Who's Kevin? Did you mean Kenneth?
"The applicant will interrogate immunologic data..."
LMAO @ interrogate... they gonna put the data in a jail cell with a light bulb over its head, and tell the data to "SPILL THE BEANS, OR ELSE..."
Biotechs are suppose to thrive on pipeline updates.... and deals
$500 million AMGN deal NOT REFLECTED IN CURRENT PRICE... NEO has started recruiting
EMA conditional application submission NOT REFLECTED IN CURRENT PRICE
AT-014 conditional approval (a proof that ADXS LM is legit) NOT REFLECTED IN CURRENT PRICE
ADXS in phase 3 trail for CANCER (= HIGHER PREMIUM) NOT REFLECTED IN CURRENT PRICE
And much more stuff is NOT REFLECTED IN CURRENT PRICE (4 cancer franchises, etc.)
IMHO, ADXS can easily be justifies a $50+ stock right now...
Also IMO, the greatest risk to ADXS is little cash on hand, pipeline has always delivered (except in AZN combo cases).
I think this will be a good test to judge Berlin...
if he raises $20 million thru dilution without raising share price first, then he is scum like LameBado...
if he gets a deal done for over $20 million or helps raise share price first, then we can be hopeful of Berlin based on real proof...
1000 more ADXS in at $1.74
Thanks for the cheap shares.
"Short position is roughly a third of what it was a year ago. Something is up."
Shorties have mostly covered and are long gone...
ADXS stock price did not rise at all while shorties covered....
IMO link between shorties and ADXS price is no longer a factor up or down....
Actually trading volume is extremely low these last few days... which could be a sign that ADXS could spike soon
IMO, news should be coming Monday or Tuesday...
CFO is leaving end of the month and they need to announce a replacement....
ADXS does have a habit of combining multiple news... so let's see what happens early in the week
So while we are primarily looking AMGN & MRK to do something with ADXS....
One more big guy that knows about LM technology is Johnson & Johnson (a big investor in ADRO)....
And guess where the ADXS new CEO is from? That's right, the answer is J&J!
"Prior to Rosetta Genomics, Mr. Berlin was Worldwide General Manager at cellular and molecular cancer diagnostics developer Veridex, LLC, a Johnson & Johnson company. "
"Market seems ok with the news as well."
IMO, market is still deciding on CEO & CMO positions... stock price has neither moved up nor down
"Years of experience as a biotech CEO suggests Berlin absorbed a lot of relevant knowledge" TO LEGALLY MILK THE ADXS COW AND TOTALLY DISREGARD ADXS SHAREHOLDERS...
But we'll have to wait and see
"What is it about IDO that has anything at all to do with Lm, in your view"
Ken Berlin, Do you solemnly swear to run ADXS to ground just like ROSG
"IDO"
Ken Berlin, you are hereby declared ADXS CEO
ADXS Management cheers*
You probably got berlin@advaxis right...
For Noelle, her email was herber@advaxis.com
Nice... I can only add 1K per paycheck if the rent isn't due lol
This is a post from someone following ROSG (ADXD CEO's previous job):
"ruined a company with a stellar product by seeking toxic financing and following up with a massively undervalued BO"
That should be our greatest fear... "UNDERVALUED BO"!
Looks like Lombardo was here just to collect pay and leave with a big pay day at the end... HAPPY RETIREMENT?
"In connection with Mr. Berlin’s appointment as President and Chief Executive Officer, the Company announced that Anthony Lombardo is stepping down as Interim Chief Executive Officer effective as of April 23, 2018, but will remain employed by the Company for a period of time.
The Company and Mr. Lombardo have entered into a separation agreement (the “Lombardo Separation Agreement”), pursuant to which Mr. Lombardo will receive: (i) cash payments in a total gross amount of $355,000, payable in a lump sum, (ii) continued coverage under the Company group medical plan benefits for 12 months at active-employee rates, and (iii) full vesting of his outstanding equity. The foregoing description of the Lombardo Separation Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of this document, which is filed hereto as Exhibit 10.2, and is incorporated herein by reference."
"The Company and Mr. Berlin entered into an Employment Agreement (the “Employment Agreement”) effective as of April 23, 2018, pursuant to which Mr. Berlin’s base salary will be $520,000 per year, and he will have the opportunity to earn annual incentive awards targeted at 55% of his base salary (prorated for fiscal year 2018). Mr. Berlin will also receive a one-time, sign-on bonus of $150,000, which is repayable on a pro rata basis if Mr. Berlin’s employment is terminated by the Company for Cause or by Mr. Berlin without Good Reason (as such terms are defined in the Employment Agreement) prior to April 23, 2019. Mr. Berlin will also have the opportunity to earn a special bonus in the amount of $150,000, based on the Company completing a financing transaction or in the event of a change in control of the Company. In addition, Mr. Berlin received one-time equity awards consisting of 750,000 stock options and 250,000 restricted stock units. Berlin will be eligible to participate in the Company’s group health insurance plan and other benefit plans applicable to the Company’s senior executives."
1. Although ADXS got a CEO with crappy stock price performance (ROSG).... atleast the two roles of leadership are filled (CEO & CMO).
2. IMO the market has taken today to try and absorb today's news... hence low volume with almost no price movement... I think we will find out tomorrow or Thursday with a price spike (either up or down) to see what the market thinks of the new CEO & CMO....
3. However, I would assume that ADXS Management probably lined up some news and/or progress make the new CEO look good... maybe by early next Month?
4. The CEO has a J&J background where is did acquisitions for J&J.... and guess what? J&J has a big stake in ADRO... maybe these two dots may connect to benefit ADXS!
"Poll: When will the deal be done?? "
Partnerships more likely than deals... which would defeat the purpose of kicking out DOC in the first place...
CEO & CMO Hiring Target is mid 2018
So I expect positive news / deals / pipeline updates (ADXS-PSA) by mid-2018
Volume is dying and short interest has decreased by half....
Naturally, the price should be rising now....
But this is ADXS we're talking about, which is an exception throughout the history of mankind trading
"In modern popular culture, 666 has become one of the most widely recognized symbols for the Antichrist or, alternatively, the devil. The number 666 is purportedly used to invoke Satan."
Same here, picked up 1k at $1.66... I lost track of my average because I own ADXS on multiple trading accounts... but I should around $8 I think...
"Did you see the entire message before misleading everyone????"
Seriously dude?
I simply posted a title of the article and provided an article link for details.... how is that misleading everyone?
Forgot to add:
" Represents shares forfeited by the reporting person in order to pay withholding taxes associated with the stock issuance."
Advaxis, Inc.'s Interim CEO just disposed of 11,051 shares
http://www.conferencecalltranscripts.org/4/summary/?id=4821114
"Wouldn't it be cheaper in these distant lands?? "
Ok, it can be cheaper... but pick like 10 or even 29 of them lands NOT 100+ trail sites... this is overkill
"Now have 117 trial sites open and recruiting."
WTF is wrong with ADXS Management? Are they planning on like two patients per trail location?
Why 117 trail sites? Big waste if $$$$$$
Good post gold.
I think BMY combo is going to piggyback the AIM2CERV trail... which would result in cost savings.
Meaning, same clinics and same doctors. So if a patient doesn't qualify for AIM2CERV, that patient could qualify for BMY combo.
Hence the term ADXS-ADVANCE to combine be all of AXAL
Someone had posted that delay to the start of NEO trail could mean a new deal happening between AMGN & ADXS.....
I guess that speculation is less likely now? Off the table?
Did anyone get any kind of replay back from ADXS?
I sent a tweet @advaxis a few days ago and told me that everyone is complaining about IR being silent, and what is the status of those 5 execs... NO response
In other words, wake and smell the coffee folks
"Can you name anything of any significance he accomplished during his tenure?"
1. AT-014 conditional market approval... oh wait that wasn't Tony, that was PETX
2. Every single milestone missed for 2H 2017.... oh wait that's not an accomplishment
3. ADXS-NEO delayed for 1+ year... oh wait that's not an accomplishment either
4. Diluted at all time lows.... does that count as accomplishment?
5. Got additional shares authorized and benefits approved at the proxy... yea that's probably an accomplishment for Tony
AMGN was silent about ADXS-NEO
Conclusion: ADXS is about to be bought by AMGN...
(Hint: Sarcasm)
Novartis buys AveXis for $8.7 billion...
Meanwhile, ADXS Management is pissing on ADXS Shareholders... and the shareholders are calling it Buyout Rain...
Every single one of them needs to be fired!
Good post hovacre, that approval would be another nice boost towards ADXS LM platform!
So ADXS message board is going from "SELL THE BEECH" to "BEECH ABOUT TO BE SOLD"....
Instead of the Kool Aid wearing down... the high is actually getting stronger.....
I didn't think that... but this message board was high in Kool Aid after TC called 30 ADXS employees and all went to voice message.....
But we got a nice group of ihub board members...where someone actually went to the ADXS office... cheers to that!