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I would not mind that either.
Leo and Dr b have both made comments of this nature. I could not agree and thank Barron more for the insight on real life procedures. It truly does fit the bill currently. Just as many of us have expressed. These 4 phase 2, PoC and phase 2b trials are critical for good results. Only two are double blind placebo, but K changed route (I'm assuming per BP per PRs) so K is already in this topic.
So my new opinion based on Barron's excellent write up - p phase 2b is the most important and then K.
Justification; phase 2b is a later stage trial. Plus the trial is a double blind multi arm placebo trial. (Checkmark)
K has been noted to have drastic trial design changes for interested parties. (Checkmark). Not to mention Ks possible list of cancers it may be therapeutic for making it ctixs top cash cow prospect imo... Oncology is a gold mine.
I'm sure people can make cases for B-OM and not so much B-UP due to only a PoC, but all drugs will get there someday imo.
It's just the society we live in. Jump "on-the-line" (online) and follow someone...no need to research or do heavy lifting. Lemmings most are!!!
In this case, my old school bones will make millions - I am certain based off my DD.
I'm going to go stretch. Go CTIX!
All wont matter if the company follows thru on your list of catalysts. Should be a good show if they deliver
It will be one day. K data/update soon. It will hopefully lighten the mood here. 3 weeks of K for 3 doses per week. Exciting. Remember one dose of K at 10 mg/m2 once a week? Now 3 doses per week at 250mg/m2. Yummmmmmmm. Hopefully it kicks CANCERS ass!!!!
Lol. Yes and a piece of paper that sells for upwards of 350 MILLION!!!! Lol. And here we sit at what market cap? Lol. Like 90 million
What's up Spebenz?!? CTIX share price stinks but the company is rocking. A lot of noise here. I just found out that the share price was higher than this 5 years ago when CTIX had no financing in place - 93 mil OS - 27K cash on hand and ZERO clinical trials.
What's wrong with that picture
Today 5-7 million on cash, 15-20 million available thru Aspire, plus shelf reg. - 126 mil OS - 8 Clinical trials SUCCESSFULLY completed or in progress. (One of which is just chilling waiting for phase 3 when SP recovers)
Do you think .69 is a good indicator at company value? I think just having B-Absssi is worth double this price.
Good to se you
But.....this is all a mood point. IMO. CTIX has enough cash on hand to finish all 4 trials and complete the requested data sets by potential partners. I'm not sure why the discussion is so doom and gloom?
CTIX is not sweating at all. Talk to Dr B. He is more confident than ever. Give him a call.
If one can find a winner in the bio world. Sky is the limit. I think we have be here. Just waitin on data.
Just curious.. Do you know why the drop?
SS I fully disagree as always. I would think this phase 2 data across all 4 trials is very important. A deal is not ready until data that CTIX has suggested in PRs that Big Pharm wants is on the table. They even changed direction for them. CTIX is doing what multiple BPs want and if successful, the chances are extremely high ... a deal will be presented.
Come back when data is released. Possibly one off the BPs will jump the gun over the others earlier, but CTIX should use the data as leverage to MAXIMIZE SHAREHOLDER VALUE. Just like Dr B said.
And when it comes to money and AVAILABLE money, they have plenty.
In 2012 when the stock was at .71-1.00. There was 27K cash on hand. And NO AVAILABLE financing in place. Now that is scary.
CURRENTLY. CTIX has 5-7 million cash on hand. 15-20 million available thru Aspire. And a 45 million shelf registration. Ummmmmm. That is plenty of cash. PLENTY.
They are not moving forward with the LOCK phase 3 B because they know they have a better route proving more parts of B first for much cheaper...to again. MAXIMIZE SHAREHOLDER VALUE. In the long run.
For all we know. CTIX management has zero concern about current share price because a deal is done just waiting on final data. None of us have inside knowledge. But we do know they have PLENTY OF MONEY AVAILABLE.
I'll tell you. I have slept perfectly since last Friday after doing more DD on CTIX back when the stock was .50 - 2.00. And comparing the company to today. This stock will readjust and it will be a huge readjustment.
Good luck
I think the Q is due end of May? Right
IMO- when Aspire drops the granted contract they won and details this will FLY. It could be 10's of millions. Plus they are waiting on 3 additional bids. If those come in too....this has to see all time highs. IMO.
Patience until then. In the mean time. Increase in Revs and lowered cost of sales is a good equation.
Good luck
When is Q? Eta
The CEO of that company is with it. Very organized and trustworthy. We are in good hands. He will not fail. IMO.
Nice progress in the year! I do think this 2017 is the year they SPLASH, especially if Aspire can jump in too.
I had no clue the K was coming this quick.
Awesome stuff. CTIX told Cabel they will be attending the DIGESTIVE DISEASE WEEK conference in Chicago at the McCormick place May 6th - 8th. Recognized as one of top 50 medical meeting conferences by HCEA.
Www.ddw.org
That presentation was for that week. This way they can shake hands and give that link out.
Great trial data to date.
There is so much more. This is an unbelievable share price to start a position or add. IMO. Really! Could be life changing.
All of the noise and whatever is going on has allowed many to build great positions. Leo and team have us in mind every day. Hence the progress and frugal nature that got us here.
Get ready for more stellar results.
Yes it is GREAT progress in 5 years:
Jumping from 8 compounds to 17 is unreal.
Within those additions we have Brilacidin which is sitting and waiting for a phase 3 trial. The phase 2b that CTIX conducted compared favorably to Daptomycin. Which dapto is a blockbuster clearing near 2 billion dollars. However B is a brand new class of antibiotics, it is a SINGLE dose compared to dapto 7 day.
CTIX also has way more cash and financing readily available. Like 5-7 million cash on hand. Compared to 27K back then with zero financing.
CTIX only added 33 million shares since then to move thru 8 clinical trials. All are in phase 2 !!!!
FDA granted several huge designations to CTIX drugs. One is the rare pediatric - that designation was recently sold by a bio for over 300 million dollars. Very VALUABLE!
I can go on for a while but yes I agree, the share price should be 5-10x current share price.
What is going on here today? Boom!!! Can't find news
Hey! Share price was in this range 5 years ago and the company had ZERO clinical trials! And 27K in cash with zero financing in place!
What do you think!?!??? Lol
B phase 3 for Absssi is worth way more than our current 93Milloin market cap alone - IMO WAY MORE.
Sept 2012 - share price was around .71
0 Current CLINICAL TRIALS were dosing
27,000 Cash on hand
No Financing in place
93 million OS
8 Compounds and IP owned by CTIX
April 2017 Share price closed at .71 on 4/21
8 Clinical trials under the belt and ongoing - ZERO FAILURES
5-7 Million cash on hand
15-20 Million financing available thru Aspire
45 or is it 75 million shelf available
126 Million OS
PRES/CMO - Big Name experience
Several other big name employees added with much experience
So many FDA designations given to current pipeline drugs
17-20 Compounds and IP owned exclusively by CTIX
We found out that P is 100% CTIX's and no royalties will have to go anywhere else.
Not to mention a DRUG - Brilacidin for Absssi is sitting ready for phase 3 with a phase 2B that matched Blockbuster Daptomyciin - yet B is only a one day dose and a completely new CLASS of Antibiotic.
I can go on.
We should be 5-7 times the price we are at today just seeing the above. And at this time in our market - it much more lucrative and the entire market is much higher than 2012.
CTIX will rebound. This cannot be ignored forever. The first deal will take this beyond 15-20 IMO.
PART I *** PLEASE READ
As I promised I wanted to show iHub readers the last time CTIX was near the current .71 price range. You would have to go WAY back - and I mean WAY back to 2012.
AUGUST 31st 2012 - Closed at .63
September 31st 2012 - Closed at 1.00
In the 10-K released on 10/12/12 I found the below info. Here is link to 10-K (https://www.bamsec.com/filing/154823312000017?cik=1355250)
CASH ON HAND - $27,000
CTIX did not have any major Stock Purchase Agreements at the time! So no funds readily available.
OS as of SEPT 30th 2012 - - 93,124,151 (ONLY 33 MILLION LESS than now)
They had ZERO ongoing CLINICAL trials - just pre-clinical work.
Some notes of accomplishments though:
Jan 2012 - Prurisol Patent Filed
March 2012 - BIDMC Agreement to test Keveterin
May 2012 - Jim Boeheim joined as advisor (lol) Jim is a good man but this was exciting at the time.
June 2012 - IND Meeting with FDA approved to seek section 505(b)(2)
June 2012 - IND approved by FDA to begin Phase 1 trial at Dana Farber and BIDMC for Keveterin
Sept 2012 - Selected Dr. Reddy's Lab to manufacturer P
CTIX owned 8 compounds
________________________________________________________________
Now someone else can start PART II if they want or I can do it tomorrow comparing that above to where we are currently today. It is going to be MIND BLOWING! that we are at .71 - like I am actually so confused as I just looked up this info on how the heck we sit at .71 I may go start drinking. And I have to be up and get a good session in at the gym in 4 hours before I start my busy work week...
Job well done Leo - I must say - to only add 30+ million shares over 5 years and to accomplish what my Part II will discuss... BRAVO!!!
Goodnight CTIXer's
"""I think that we can take some comfort in the fact that the current market cap of $93M is well below the current value of Brilacidin ABSSSI alone (completed Phase IIb matching a billion dollar drug, Daptomycin, with a single dose), not to mention the rest of the very promising candidates in the pipeline """
Excellent point.
And I would think we should be well over $5 at this time with zero failed trials. And the door keeps opening to more and more possibilities now.
Really good posts with exception of the same 4-5 posters. They will never stop trying to create fear.
I'm going to go look at the last time the stock was at .71 - what the OS was and how many CLINICAL TRIALS and what phase those trials were in.
That my shed some light on how completely undervalued we are.
Did CTIX even own B at the last time we saw .71 or I mean buy the entire pipeline. Plus their equipment.
Maybe how much cash and what financing was in place as well.
Be back with answers tonight.
Hopefully.
I love you man! Just the facts. We have that potential here hands down.
Bio is not for the weak and if you find a winner and show your balls of brass...you will retire very early.
Great DD and I followed that one as well.
I just want to also thank KarinCA for calmly putting out facts and making some on this board look completely foolish and in turn helps readers understand the truth.
CTIX put out that pre-recorded presentation of B-UP and B-OM for a professional sneak peak for BP in the upcoming conference in Chicago in beginning of May. Why not make it public and put it on the website.
If you noticed...the B-UP portion was a little more detailed. With actual current deals and values.
Makes sense to me.!!!
Thanks for sharing. I knew it was for BP and new investors in a nice and neat well presented presentation. And great to hear nothing has changed with P trial just a couple sites recruiting slower than those sites advised. That's why they added more.
Still on track.
So much misinformation in this post
Emailed to shareholders on Feb 27th
The company knows exactly what is going on based on investigation information Ashcroft, SEC and several authorities have and that is why imo he shared that story with us. He can't obviously tell us what they have but Leo has always done a stand up job hinting to shareholders. IMO
Good luck
The company released the email correspondences. It made AF look like a high school drop out. Just FYI. AF could be the most uneducated blogger in the bio arena. IMO.
Good luck
..... "I share this with all of you because it exemplifies that dark side of the Internet and the lengths that some bad actors will go to. It also proves that with persistent effort and the right resources that those individuals can be identified, no matter how cleverly they believe they have covered their tracks.
We assured you that the lawsuit by the Rosen Law Firm was frivolous. The court agreed. We didn’t stop there. You can believe me that our team is on top of bringing the culprits behind the attack on Cellceutix to justice.
We encourage current and future CTIX shareholders to rely only upon credible sources, including our news releases, research data and filings with the Securities and Exchange Commission. To that point, I am pleased to say that as of this morning we are still on target to provide an efficacy report this week from the second cohort in the open label Phase 2 trial of Brilacidin for ulcerative colitis. We also are looking forward in the coming weeks to releasing an interim analysis of data from the double-blind Phase 2 study of Brilacidin-OM for the prevention and treatment of oral mucositis.
These are truly exciting times at Cellceutix and I thank you for the ongoing support."
Great post! Thanks! More research is underway on Bs effects on IL-17. Business as usual at CTIX
Trying to better the world with powerful drugs.
Applaud. I'm right beside you. I would ignore all these dumbasses but will never pay for premium here. July is only a couple months away and I have a couple other plays I'm personally hoping can come thru while this is so low and use the proceeds to triple or more my position here while they keep it so low.
I got in 5 years ago around .50ish. There were no human trials at that point. Lol. There is a huge short here. Look at all the posters. It's highly coordinated. If you talk to CTIX. Give them my best.
Brilacidin - Kevetrin - Prurisol
8 completed and successful HUMAN CLINICAL TRIALS
(Sox is it 8?)
Not one failure - NOT EVEN CLOSE. These trials were actually dominant and some put to the test against blockbuster drugs.
Currently 4 PHASE 2 trials ongoing. All to be completed this year.
And the market is telling me this is worth .71 with 126M OS.
Things that make you go Hmmmmmmmmmmmmmmmmmmmmmm..................
1.4 million Mike. Big picture. Those 1.4 million shares are very lucky at this point in the game.
I know. I read the PRs watch the presentations read the Q's and Ks and am more confident than ever. I then come here and read the board and I feel like crap.
This place is crooked. People playing on peoples emotions.
Know what you own and keep buying. IMO. Until we get a bad report or Leo sells. I'm buying