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RE "Peregrine has dozens of collaborations"
Really? List them AND the cash these collaborators are willing to invest into PPHM!
We all know the answer. Same as always. Zero, nada, zilch.
It's worth what they are willing to pay - nothing.
RE "Your forgetting what it may have done for all BP's that saw this and other data"
If BP's saw value then so would the market. The market did not. Therefore....
RE "To imply Ronin doesn't know what he is doing"
FACT: Ronin has winners and losers just like everybody else.
No one bats 1.000.
RE "You will be wrong one day."
LOL - been right for ~13 years and counting.
PPHM makes it easy!
Yes, I think Ronin thought they knew what they were buying.
Just like every other investor (big and small) thought they knew what they were buying.
RE "I think Ronin's had his "top knot" cut off"
When Ronin sells, this trash goes back to 30 pennies.
Wait for it............
RE "Still am hoping something something comes out this mess."
"Hoping"?????????
Hope is not part of the investment equation.
What are the odds of success?
What's the risk/reward?
What are the realities versus the years away fantasies?
What's the track record?
What's the cash burn rate?
What's the dilution rate?
What has management and/or BOD ever done to prove through actions (not meaningless words) that they have the shareholders interests are a primary concern?
RE "MSK/Wolchok"
Those MSK results at the recent conference did exactly the same thing for the value of PPHM stock that the grand sum total of ALL other "papers" and "conferences" and "pre-clinical data" has done - absolutely ZERO.
Correction, LESS than nothing.
As for the recent 13D filers?
I expect they will net the same return on investment that every other big name investor in PPHM got before them - a loss.
From today's filing:
"The Company is considering several paths to regain compliance with the Minimum Bid Price Requirement, including, among other things, a reverse stock split"
Notice the ONLY "plan" they mention is a REVERSE STOCK SPLIT.
"among other things"..........Hmmm, what "other things"?
Nice words, but as we all know words come cheap at PPHM, with nothing behind them. What could "other things" be?
Hope, fantasy, maybe a poster at a conference?
Some more completely useless pre-clinical data from MSK?
Nope, these bozos have the same thing they've always had - NOTHING.
They've delayed the next reverse split, that's all.
RE "the company presented a complete plan on avoiding the RS"
LOL!
There's no plan, just a hope and a prayer.
Let the clock expire.
Appeal to NASDAQ.
Stay listed while the appeal waits to be heard.
They're at the mercy of NASDAQ.
This simply buys a little more time that's all.
Maybe NASDAQ says OK,maybe not.
If not, the reverse split can happen almost instantly.
sound like every other "plan" they have.
Let's talk exosomes.
If you listened to King, it became quite obvious in his answer to 1 of the questions that exosomes are like everything else PPHM has every talked about - somewhere between YEARS and never. Just another term with ZERO current value.
This is nothing but a cash burning dilution machine. Always has been.
Nothing new....
Oh, phase 1 somewhere in the future. know what every other Bavi phase 1 has provided in the way of shareholder value?
Yup, LESS than nothing.
RE "300m shares"
Does that count the convertable preferred?
D'oh!
RE "297,709,478 shares
outstanding"
LOL, i remember well the fantasies of things going well enough to achieve a billion dollar market cap.
The truly pathetic truth is that is that billion dollar market cap would have ever been achieved, the stock would be worth a whopping 67 pennies pre-reverse split. Imagine that!
These guys are destroyers of value, nothing more.
And they get rich in the process.
What a country!
RE "Avoiding a RS action"
No. Fighting it is not the same as avoiding it.
They will not win.
They never do.
Reverse split will happen.
It's just more PPHM BS!
RE "Why no mention of AZN trials? "
Simple, because nothing is happening.
Why?
Because it's NOT a priority for AZN.
It's simply that simple.
.64, is King still speaking or is this just the bad hangover?
RE "As of March 10, 2017, there were 297,709,478 shares of common stock,"
Wow indeed!
That's nearly 1.5 BILLION, pre-reverse split!
The only billions here are SHARES, NOT sales or market cap.
BTW, ~1.5 BILLION AND climbing is sick, twisted, and pathetic.
66...........
The King effect.
NEVER fails.
NEVER.
Why would anyone bet against a sure thing?
You have no idea how much Avid could earn (or NOT earn) as a standalone business.
All we know for sure is that no matter how much revenue Avid brings in, PPHM still burns cash and has unending dilution - FACT.
It's trash. Always was, still is, no reason to think otherwise for the future.
RE"What gets me is that you all expected something different from the PPer. "
Don't include me in "all".
I expected the same as always = nothing but cash burn and dilution.
Any real news gets it's own PR, and is NOT done with the quarterly cash burn and dilution report.
PERIOD,end of story.
RE "I am surprised how many smart people sold right before the CC. We have the best traders
I have ever seen on this board. "
LOL, it doesn't take anything but common sense to sell on a pop before the cash burn and dilution report.
77
76
75
74
73
72
71
70
69
68
67
Where she stops nobody knows.........
Like I said, 100% chance that the cash burn and dilution report will be exactly that. ALWAYS is.
"real" news get's a PR separate from the cash burn and dilution report.
Must have read too fast. Can someone please tell me when the exosome test kits are hitting the market? Would that be 2525?
Wow! starting Bavi phase 1.. Uh, didn't they do that about 12 years ago?
Only problem is there's about 1000% increase in shares outstanding since then (accounting for reverse split).
zzzzzzz.....stock already tanking and stevie didn't even speak yet.
Hope everyone was able to lock in a price above 70 pennies.
RE "options CALL 2 OCTOBER 188"
Cool deal - free money for the call seller!
I always say, if you see free money laying on Wall Street , pick it up.
Wow, lots of newbs today buying shares of PPHM. Apparently they don't realize what happens when Mr. King speaks on a quarterly cash burn and dilution report to shareholders. Oh well, live and learn they say!
RE "the Fat Lady(no disrespect here) has not yet sung!"
Actually she did.
That was when the "pivotal" trial called "sunrise" FAILED on the first look-in. That finished Bavi advanced human trials.
Now, a full year later, they are playing with mice again.
RE " just can't believe we would have a group buy in aggressively(Ronin) right before the company announces a R/S"
You may want to consider the possibility that Ronin (a self described TRADER) has sold a majority of their position AFTER the 13d filing provided both price and volume.
RE "We'll see Monday won't we?"
Nothing to see Monday.
Major news gets its own PR if/when such an event ever were to happen.
(such as "fake" data of a trial)
Monday is the quarterly cash burn and dilution report.
Snore.........Oops, I almost forgot, it will also be a Steve King speaks day. Not looking good. No sir, not at all.
I suppose there is a chance that PPHM will have seemingly good revenues at Avid because of last quarters miss which put some of what were supposed to be previous quarters revenues into the next quarter. But in that case of course, revenues would be artificially high, just as the previous quarter was artificially low. The market isn't stupid enough to be fooled by that though.
RE "So after the upcoming REVERSE SPLIT.. Will the Company be more of a PONZI-LIKE SCHEME or a BIOTECHNOLOGY Company?"
I'll answer your question with a question.
How many PONZI-LIKE SCHEME's have you seen turn into BIOTECHNOLOGY Companies?
RE "They are shaking the tree really vigourously now. "
LOL! Funniest post of the month!
Yup that tree shaking has been going on for about 17 years now.
Funny how PPHM always helps out with unending cash burn and dilution and failures!
simply boggles the mind.......
DOWN to .61 on over 4 million shares.
After a high of $.76 less than a week ago when the Ronin 13-d came out
that juiced the stock.
Ronin - BY DEFINITION is a "trading firm".
Gee, I wonder how many of those "trading shares" they didn't sell. LOL
Great when a legal filing does the pumping for ya!
Those boys are good!
As for PPHM, not so good..........
RE "The news Monday would have to be pretty spectacular to get us from .63 to over a dollar. "
How many times was the quarterly earnings report "pretty spectacular"?
Answer = never. On the rare occasion they try and release something they think is good, it gets its own PR, it's NOT part of the quarterly (let's call it "cash burn" report).
After decades of this pattern, you expect something different?
Seriously?
RE "Its all to shake out the weak hands before the CC"
And then when SK speaks lots more "weak hands" will sell.
Then the reverse split will shake out more weak hands.
Then maybe Lyttle will run the ATM and tank the stock some more.
Isn't it amazing how there are ALWAYS so many weak hands in PPHM?
I wonder why.........
RE "things must change for the better soon or changes will be made"
LOL! been reading that for 14ish years!
total changes so far that shareholders were able to accomplish = 0.
Here's one....tooth fairy will arrive to buy enough shares to get PPHM above $1 for 10 days, then the easter bunny will pile in and zoom the stock to $2!
RE " have been here 15 plus years. Relevancy zero looking forward"
Actually there is much relevance looking forward.
Same management team.
Same board of directors.
Same unlimited dilution potential - AND the willingness to use it.
Same little teases of hope for years down the road that always fail.
Those that don't learn from history are condemned to repeat it!
And there is plenty of history to learn from here!
RE "Ronin may also try to make a Dart type of deal and buy some bulk shares
at a price
... that would also help us get over and stay over $1 "
Uh....no.
Private placement would NOT be above market.
RE "all we have is hope."
When hope creeps into the investment equation, you've already lost.
RE "Dear BOD, no RS please. We've paid our dues a hundred times over. No more pain is required."
You've answered your own question.
They have proven many times over that the common shareholder means nothing to them.
Reverse split is still on track, and unlike everything else PPHM talks about, it truly is coming SOON.
This little rally "up" to 14 pennies pre-reverse is about done.
Mr. King will open his mouth next Monday and we all know what happens then. There's nearly a 100% chance that the stock drops. History has proven that.
Then will come the reverse split. Excuse me, then will come another reverse split. Again, we all know what the most likely path is for the stock after a reverse split. History has proven that too.
Remember the old saying, "those that don't learn from history are condemned to repeat it".
Soon, when quoting price, I'll have to say "TWO reverse split adjusted price is ="
For example, if there's a 1 for 7, then the pre pre reverse split price (only going back to 2009) is "X".
1 for 35 would be the new math (again assuming a 1 for 7).
So if the stock slips to $3.50 after a 1 for 7 reverse, then the pre-reverse pre-reverse price would be a DIME per share.
Exciting times indeed!
RE "Would you take joy in actions that can damage a company that can help so many people?"
Huh?
Who said anything about joy?
I was commenting on what I think Ronin is doing.
There's no emotion attached to it.
RE "Peregrines IP can RESPOND 200-300% "
You're confusing real revenues with pie-in-the-sky fantasy revenues that may happen X years in the future.
NOT what GILD needs. GILD needs revenues and earnings increases now.
In other words a real company with real products doing billions NOW.
You have any idea how may tiny failed biotechs like PPHM are out there that no one wants?
Ronin is brilliant. Slowly acquire PPHM in a way that supports the stock and creates a healthier looking chart.
Get enough to require the 13-d.
Then people buy the stock thinking something is going on (today).
Then, since they are by definition a "trading" firm, sell into the newly created strength THEY created by doing something that was required by law! (13-d) It's brilliant! the perfectly legal "pump and dump".
I'd bet Ronin is a MAJOR seller today and laughing all the way to the bank!
PPHM ALREADY down from 76 to 67 cents with 12 million shares traded.