Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Jazz, glad we can agree on timing of India/Bavi news being a
best case scenario of "upcoming months" since spring of 2007
is 3-21-07 ---> 6-21-07 which is somewhere in the 2 to 5
months range - minimum.
("top-line data available in Spring 2007")
In the mean time of course there's the matter of ~$30 million
dilution looming.
Regards, Reagan.
Actually, the quote regarding Bavi/India from yesterdays filing is.......
"Patients are currently being screened and enrolled"
(bavi india has been enrolling, may be enrolled completely already).
But perhaps it will finish enrollment in the upcoming months.
Regards, Reagan.
Keep Trying, I hope you meant revenues not income, unless you
forsee those UP TO 20" runs per year covering all PPHMs expenses and then some.
(Up to 20 production runs per year for five years should generate some nice income for PPHM if the Halozyme product is successful.)
Regards, Reagan,
photoguy, here's the information. It was Jan. 2nd, so a deal can now be done at any price.
"Pursuant to the terms of the Agreement, the Registrant has agreed not to (i) file another shelf registration statement pursuant to Rule 415 of the Securities Act of 1933, as amended, for a period of one hundred eighty days following the Effective Date, nor (ii) without the prior written consent of the Investor, prior to January 2, 2007, enter into any subsequent or further offer or sale of securities (including common stock issued for services provided to the Company, but excluding common stock issued in strategic licensing transactions where the Company is either in-licensing new technologies or out-licensing of technologies) at a price or possible price below $2.50 per share."
http://biz.yahoo.com/e/060619/pphm8-k.html
Regards, Reagan.
(TNT platform is alive and well, and it's PPHM's)
That's a matter of perspective of course.
Being the realist here (as is obvious by my handle),
We should note that TNT is only being sold in one country.
In that one country, as your later post of a picture shows,
PPHM isn't even a part of the kick-off there.
PPHM gets no percent of revenues, and maybe 10% of any eventual profits. Then there's the matter of dividing that
small amount amoung about 200,000,000 shares.
Soon to be a lot more as told by the shelf filing Friday.
"It's PPHM'S" you say? in dollars and cents it still
doesn't matter. I'm sure some one will come on and say
"anything is better than nothing". OK, point conceded,
but we're here for a return on investment, and as the pps
clearly illustrates, and to borrow a variation on the
quote above, anything isn't looking better than
nothing.
Looks like the "event" took place, but no mention of PPHM
being involved, and no PR from PPHM. If that's PPHM's,
that's sure a strange way of showing it.
Regards, Reagan.
Westjtter, Please explain how a license agreement for a part
of profits from the sale of a drug in any way also translates
to an ownership stake of the company?
(The only way any serious coin is going to come out of this in the short term, is if "distributions" includes an upcoming IPO, where PPHM would get 10% of the proceeds or shares equivalent to the same).
Regards, Reagan.
Getting back to the relative financial significance (or lack thereof) regarding the China/TNT situation:
Based on what I read below from the 10-K, PPHM will get
only 10% of the profits (if any) of Medipharm.
(50% of 20%) = 10%, and that is of the Medipharms profits folks, NOT their sales.
"we are entitled to receive 50% of the distributed profits received by Cancer Therapeutics, Inc. from the Chinese pharmaceutical company. Cancer Therapeutics, Inc. has the right to 20% of the distributed profits under the agreement with the Chinese pharmaceutical company"
Page 6.....
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=4534780&Type=HTML
Regards, Reagan.
Seriously volgoat, the stock can barely hold a buck, couldn't
break $2, and you're talking $11? Why not just say $1000,
it's equally absurd. How about getting this old dog over $2,
then we'll work on $3.
(Yes, a quick shot to $11.00)
Great point Katie. The fantasies and wild speculation here
that pass as valid discussion do a diservice to all because
when these things never pan out, it creates undue disappointment.
(I'm dismayed over the discussion about China and TNT, nothing was said about TNT on the recent CC. NOTHING. ABSOLUTELY NOTHING. So why all the talk and speculation )
Really? It was my understanding that the pps was the only way to measure the success or failure of ones investment.
Seems we'll have to respectfully disagree on that particular
issue.
(pps is noise).
As to my RB ID, I stopped posting there because I find that board useless at this point. It's a shame, but that's what
happens with loser stocks. If PPHM reverses it's downtrend,
we'll see a better mix of posters there. Here's to hoping!
Regards, Reagan.
That's purely a function of the large number of outstanding
shares resulting from many dilutions.
Should we put you in the camp of those wanting a reverse
split to cure the problem?
Choose your poison, the dreaded reverse or a huge number of
outstanding shares, the seeds were sown over many years.
(Just can't understand why/how such potential can be valued at one dollar)
Mr. Beerman,
(The HCV phase 1b is done
It IS?........
How? When? Who? What?)
1st, it seems to me that the statement "done" would mean
that only one of your 4 questions is valid, the "when".
PPHM completed enrollment OCT 24th. You should be able to
find the PR on that. There was only two weeks of Bavi
given so the dosing has long since completed and patients
are now nearing the end of the 12 week followup period.
If you don't think word spreads on how they are doing, perhaps
I've paid too much attention to your prior posts.
Regards, Reagan.
IT, Agree 100%, so my next question would be that since
management does not do anything so smooth in the CC's, would
you say they're incapable of it or simply only
giving this additional "coded" information to a favored few?
Either way, it's not a reason that attacks the average retail investor.
(Message was just sent with no actionable context)
IT, Best hope the next piece of news is a positive trial result
(HCV phase 1b for example) rather than a PIPE, otherwise that "IF" becomes pushed out even further.
I don't like the action at all. Why? The HCV phase 1b is done. Some people always know these results,
and word spreads, and there's no run up in anticipation of the news. NOT a good omen. As we know,
the price ran up well before the announcement of the phase 1a.
(If the price reverses)
IT, I see but one professional basher on RB and that of course
is Ricardo. Everyone else are simply VERY frustrated bagholders.
(if this was a stealth dump, then the ragingbull board would be filled with paid pumpers, not bashers.)
So you're strongly implying that PPHM management has broken
disclosure rules and given different information to one
money manager that they didn't give to the public shareholders? Just trying to be clear about your statement.
(you don't screw someone like Mallette.
He would have to have had assurances about future financings....)
And that's the "good" side? Why would you invest in a company
where you do not trust management to put you (the shareholders) interest first?
(Every one long better pray its just more BOD/offshore hedgie manipulation going on.)
dia76ca, you missed the point. I'm not disputing that PPHM has talked with big companies, that is common knowledge.
In fact they said so during the last conference call.
Volgoat said "Much has been offered to PPHM".
That is what I challenged. Please review all the past posts
for this thread and you'll get a much better understanding.
Regards, Reagan.
volgoat, you said "just people I know"
Oh, I see. You have a friend who knows a guy that has a sister that works the coffee machine at the road shows?
OR are we to believe that you who have been documented to have made so many poor predictions is blessed with some special insider information?
You said "You think they go to the road shows for the coffee and pastries".
Please list all the small biotechs that DO NOT go to road shows. i.e. this is a meaningless point, and certainly does not gaurantee some grand and secret offer.
I think you were better off ignoring the question and hoping it went away, but now you're digging a deeper hole.
I'll drop it now, but count me in Woodfox's camp for his opinion of the value of your posts.
Good luck, Reagan.
Volgoat, in my previous post to you I asked........
"Volgoat, you said "Much has been offered to PPHM".
Link please?
How do you know this?"
You've posted since then, and have failed to reply to me.
I would think that if you wanted to maintain a level of integrity here, you would...
1. Back up your claim.
2. Retract your claim.
You have chosen to ignore it and hope it goes away.
Please be more careful before making such wild statements, it will help us all to keep this board more legitimate.
Regards, Reagan.
Sorry, "ahdofmytime", I see now that while the quote I replied to was in your post, it was someone elses words that you were replying to. My mistake.
Regards, Reagan.
"ahdofmytime" You asked "Have you ever thought that BP gave a good offer to mgmt, they accepted, but we never heard about it?"
No. It is my opinion that would be considered a "material
event" in which shareholders would have to be told. Perhaps
not all the details, but told there was a deal. While I do
have some reservations about the management here, I do think
they are savvy enough not to make such a breach.
Regards, Reagan.
"ahdofmytime" your alias is certainly appropriate in this example because you said...
"Less income divided by fewer shares as opposed to financing in which case you have more income divided my more shares".
I wasn't aware PPHM had any income to divide.
Regards, Reagan.
"j", so if I read your reply correctly based on you saying:
"... As a drug moves through development" and
"...following drugs through the pipeline" and
"...Would pharma's offer be identical before the India trial, before the multi-dose HCV data, as the offer would be after such data",
Then my point about the 3 options is correct at this point in time since your other possible options are all future hypotheticals. I was phrasing my post in the present based on the most recent conference calls admission of talks with
big pharma. My point and your counterpoint are apples and oranges, and can both be correct.
Regards, Reagan.
MERRY CHRISTMAS one and all!!
Volgoat, you said "Much has been offered to PPHM".
Link please?
How do you know this?
PPHM said they had talked with big pharma. I see three possibilities:
1. There was no offer. Which means big pharma isn't to excited about Bavi - or too worried about its competitive threat.
2. There was a poor offer in which case the above also applies.
3. There was a good offer in which case PPHM management acted counter to their fiduciary responsibility to the owners of the company (shareholders).
If you've got a #4, I'd love to hear it.
By the way, we all should be responsible and accountable for what we say here, so I see no problem with Woodfox bringing up quotes of what you've posted in the past.
Regards, Reagan
You asked "how Peregrine can raise money WITHOUT dilution."
On the last CC, PPHM management stated clearly that they have been talking with big Pharma. How about a deal with big pharma? A partnership? Big pharma gets a percentage of Bavi rights and PPHM gets help funding trials.
Regards, Reagan