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Does anyone know the likelihood of a conditional EUA approval on the application filed 10 days ago? How long does it take for a decision on that application typically? Or did he imply it wasn't going to happen?
What is the likelihood of a conditional EUA approval on the application filed 10 days ago? How long does it take for a decision on that application typically? Or did he imply it wasn't going to happen?
Upcoming BLA. When might this happen Nader? Seems like Bla, bla bla to me.
Thank you Breeze!
Breeze,
In you opinion, do you think this goes under 2.00 prior to news? I want to pick up more. I have an order in for 1.50 but not sure if it will go that low.
jimmy, Thanks for the explanation.
jimmy,
Thanks again. I agree about seeing alpha. for that reason, I have never subscribed. I wasn't familiar with Santos. I understand how the shorts work. I was hoping the cd12 would have put an end to them. In your opinion, how do you think this next trial will go? I am still trying to understand how the age stratification got so screwed up. Who manages that in a trial? Or is it just random?
jimmy,
Thank you for your thoughts.
Gsuk,
Thank you for your thoughts. I have seen Seeking Alpha go both ways on this over the last year. With the CD-12 issues I am now having some Nader Trust issues. Especially because of the triple digits comments made last Thursday on Channel 6 news. I want to believe in Leron, but I have little faith in Nader at the moment. I am not sure how the age stratification got so screwed up or who is responsible for that during a trial but it seems like it could have been prevented. The flip side of that would be more deaths to 65 and over. No one wants that either..
Did anyone read the Seeking Alpha article below? What are your thoughts? They basically say the next trial will fail as well.
https://seekingalpha.com/article/4412192-cytodyn-parsing-failure
Hi Damenesq,
In your opinion, How does Nader's triple digit comment On Thursday on KOIN channel 6 open him up to litigation. He had to know the results at that point as they released a PR Friday. What a stupid thing to say and do in my opinion. He likely sucked a bunch of people in.
How is it possible that the trial wasn't designed correctly (according to Patterson)? Wasn't he involved initially during that time? Nader should have never let DR. Patterson go. Big mistake. How was it just three - four days ago Nader was saying triple digits? Something does not seem right here. How the hell did Nader screw this one up? There were reviews along the way and end points were not adjusted. The almost 25% reduction in death should get the EUA on it's own.
Thanks for your analysis. It's appreciated.
BI is in control of Phzio and owns the platform and all intellectual property. Ewll has a 15% stake in BI. Lets keep it honest. Anyway, after the last 8K I am not sure what is moving this north. especially without news. However, I am happy for anyone that made money here and hope they continue to make more.
OK, so what did I miss here. Besides a big profit at the top of that pop? I am not sure what is moving this but congrats to those that took profits.
HI Misiu,
Thank you for your reply and input.
Hi Misiu,
At one point I saw a list of indications posted that included a bunch of autoimmune conditions. I am specifically interested on your thoughts on psoriasis and if you think leron will work for that?
I am referring to what he said in today's video but you know that.
He said that they hope to un-blind next week. BTW hope does not mean for sure. So no need to say he made promises that he didn't keep. I have no problem waiting a week or two for the data to be presented.
I am sure that they will get approval from CD12 but they really need Dr. Patterson doing diagnostics. He put them on the map and Cytodyn needs him.
Hi Howard,
OK thanks for the update!
What ever happened with the Dr. Ben Carson rumor? Was it ever confirmed?
That is true. Doesn't Rem hurt the liver?
Interesting that NIH left out all of the negative aspects of Rem including the China Trial being stopped. NIH is a joke.
I hope that they give him Leron as well. I told one of his family members about it.
GLTY, I hope that one of those things happens for you.
Pure curiosity. I hope it works out for the hopeful.
It appears that way.
BI Owns(imo)/manages the ATI contract and gets any revs generated from it. There is nothing going to Ewll from it. BI owns the platform and IP. Why in the world would ATI want to merge into the EWLL shell with an OS of 15+ billion, an AS of 20 billion, a history of failure and no revs and a stock delisted to pink. It makes no sense. They are a successful company and can get listed if desired without EWLL.
On March 26, 2020, the Company, DBA as Phzio Telerehab, concluded a Platform Licensing and Service Agreement with ATI Holdings, LLC (“ATI”) for a one-year renewable agreement that allows ATI physical therapists to utilize the Company’s PHZIO platform on a per use basis for a small fee per session. The agreement’s terms have not been disclosed due to the fact that it contains highly confidential information about the Company’s PHZIO system and pricing information, which constitutes secret and proprietary information of the Company. To date, this agreement has not been directly disclosed nor has it generated any revenue to the Company to date. The agreement is currently being managed by Bistromatics, Inc. (“BI”) as the Company has contracted with BI to operate its PHZIO platform on behalf of the Company. In the future, it is anticipated that the Company may receive a revenue share of any proceeds generated by the ATI agreement from BI.
As noted in the Company’s recently filed Form 10-Q for the period ended June 30, 2020, the Company reported that: “The Company has generated minimal revenues to date. On November 12, 2016, the Company entered into a Services Agreement with Bistromatics (the “Bistromatics Agreement”) pursuant to which Bistromatics agreed to provide operational services to the Company for its PHZIO System including development, content editing and training, support and maintenance, billing, hosting and oversight, among other services.”
Pursuant to communications between the Company and both Darwin Fogt and Curtis Hollister, principals of BI and former executive officers and directors of the Company, regarding their resignations from such positions with the Company, which resignations were accepted by the Company’s Board on June 1, 2020, Messrs. Fogt and Hollister represented to the Company that Bistromatics and its management will continue to provide support services to the Company’s PHZIO System.
As noted above, the Company’s PHZIO and MSK360 systems are currently operated on behalf of the Company by Bistromatics Inc., which is based in Canada. These services are still operational and continue to treat EWLL’s corporate patients and customers.
We are in the process of completing a new Services Agreement with Bistromatics, that, if completed, will likely re-position EWLL as a Value Added Reseller (“VAR”) of the PHZIO and MSK360 platforms and allow EWLL to earn marketing fees and would also be granted a significant percentage ownership of Bistromatics in return for transferring the marketing and IP rights for the PHZIO and MSK360 platforms from EWLL to Bistromatics.
Item 1.01 Entry into a Material Definitive Agreement
eWellness Healthcare Corporation (OTC: “EWLL” and/or ‘the Company”) today announced that it has signed two new agreements with Bistromatics Inc. (“BI”), including at Business Operating Agreement (“BOA”) and a Marketing Partnership Agreement (“MPA”).
These agreements call for BI to immediately take over all operations and control of the PHZIO.COM, MSK360.COM and PREHABPT.COM platforms and websites from EWLL. As part of these agreements EWLL shall be granted a 15% ownership of BI. BI as part of this Agreement agrees to eliminate all past due professional fees of approximately US$782,832 owed to BI by EWLL. EWLL shall also be granted by BI a non-exclusive MPA for marketing of the PHZIO platform of products.
With the completion of these two new agreements the Company is in the early stages of re-position EWLL as a Value-Added Reseller (“VAR”) of the PHZIO & MSK360 platforms and potentially the marketing of other telehealth services in the future.
Both Parties agree that this Agreement supersedes all previous written or oral agreements between the Parties.
In return for EWLL transferring to BI, for perpetuity, all worldwide marketing and Intellectual Property Rights (“IP”) rights or claims to the Company’s PHZIO, PHZIO TeleRehab and MSK 360 platforms and or other ancillary or tertiary content or components related developed features or products including future updates or new products, EWLL shall be granted a 15% ownership of BI. BI as part of this Agreement also agrees to eliminate all past due professional fees of approximately US$782,832.
The allocation of shares in BI will be set as a non-voting share class but carry an equivalent value to BI’s common shares in the event of a sale of BI.
All revenue accrued from existing clients as ATI, CorVel and Therapy Direct will be paid from EWLL or its affiliated professional corporations to BI. In the event that payments have been made using these proceeds to pay for professional services (such as Physical Therapists) in the delivery of care, then these amounts will be accounted for and the remaining gross profits paid to BI within 10 business days of being received by EWLL.
EWLL shall be granted by BI a non-exclusive Marketing Partner Agreement (“MPA”) for marketing BI’s products at a to-be determined revenue sharing arrangement. This MPA will be executed under a separate agreement.
That is accurate.
The only debt that we know about for sure id te dept to BI and it appears that they gave BI the platform and the IP to satisfy that debt. Not sure about other debts.
I agree it was ugly. Still is. I assume you mean OS and not AS in this post? There are about 5-6 billion left in the AS from the 20 billion to sell if they can find buyers. After that happens the only option for cash flow would be a RS and start over. You called this one. We fought about it and I was wrong.
The OS was just over 500 million in March if I remember correctly. So it went from 1/2 billion to 15+ billion in 6-7 months. But I am filled with negativity, LOL
OK lol.. Another non-answer. Be realistic. Reality trumps your outlook.
What is your definition of "HOLLY CRAP AWESOME!!!"? Come on, how about a real answer to a real question.
Seriously and honestly, what do you expect to see in the next 10Q that will counter the 8K?
On 3/23/2020 the OS was 573,793,941. News flash 1/2 a billion. Now 14 billion. What does that tell you?
If I remember correctly When I started looking here in mid to late march the OS was under 1 billion. We were all arguing in April if it would hit 2 billion with notes dilution. Wow did I call it wrong back then. I remember when it hit 2.5 billion and the conversations. I was still arguing with you when it hit 4.5 billion and I also said this will never hit a penny now and they will likely get delisted unless they get to .01 with or without a RS. I bailed in June and missed the mysterious pop. Now they have a 14 billion OS and no assets, Cash, IP, or platform and are hoping to be a VAR. They no longer even own the product. Seems it went with Darwin. There are 6 billion left in the AS to issue. If they can find buyers for that 6 billion and the OS hits 20 billion, whats next? A RS is coming for sure. There isn't enough Revs in the 15% potential breadcrumbs from BI (if they get anything) to move a 14-20 billion OS. But the float, LOL.. IMO it just hasn't been updated. IMO there is no reason for anyone to hold 9.5 billion shares, There will be no merger with ATI. BI owns it all and manages whatever contract there is with ATI. Not EWLL. Why would a successful company like ATI waste their time with a BS pink ticker like EWLL with an OS from 14-20 Billion. Nobody would. Except another OTC scam like LRDG. This is so over.
How can you be happy about the OS at 14 billion? The float still hasn't been updated either since 8/24/2020. IMO it isn't 4.5 billion anymore. What insiders are holding 9.5 billion shares in a company with no assets, no cash, no platform and no IP?
There are 6 billion left in the AS. What do you think will happen after they exhaust those? This is not looking good. The OS has increased by 13 billion since 3/2020. I hope you and the swami are right but this has another R/S written all over it IMO.