Tired of making money for others.Doing it for myself now.
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.
They already have had 120 days to go fishing.It baffles me why the court would give them another 60 days on top of that.
Kelt
I think today's PR is also for the benefit of our lawyer's use tomorrow in court ;)
Kelt
I always used to stay at the Holiday Inn in Peabody.
Kelt
Copying and pasting must be a "fine art" these days :0
Kelt
Someone ought to set their smart phone on video and see what pans out.
Kelt
Rodman and Renshaw.(3rd time's the charm :)
Kelt
If the p53 response rate does not increase with doses higher than 750mg of K then why bother with 1000mg???
A child of 5 could figure that out.
Kelt
(My one post for the day)
And the coiled spring keeps getting tighter and tighter.
Kelt
I sent my letter this A.M.
You don't "get" if you don't ask.
Kelt
Great to see you back!!
Now don't go getting scarce again ;)
Kelt
Well said.
Hopefully this latest PR will help stop the bleeding and we can heal and move on.
Kelt
Question I have is who changed the speaking schedule at the conference,the organizers or CTIX/Dr.Menon/Leo?
Kelt
Gambling and investing all involve risk taking
but the differences are these:
1)Investors have the ability to limit their losses
2)Investors can make educated decisions on the investment based on facts.
3)Investors can hold the investment for an upturn
4)Investors don't take a loss unless they sell
Gamblers on the other hand,be it racing,gaming,roulette,cards,dice,etc.
1)Cannot limit their loss.Once the $ is on the table,it's all or nothing.
2)Gamblers have no control once the dice are thrown.
3)Gamblers can't rely on any facts to support their risk/reward.
4) Gamblers can't wait for the game to work in their favor before taking their money off the table and avoid a loss.
Just a few differences here,I could list more.
Playing the odds (gambling) is not the same as playing the facts and science (investing).
JMHO
Kelt.
Thanks Cabal!
IMO Leo is sitting on a mountain of exciting news that he can't release yet.
It's frustrating for us and I'm sure it is frustrating for Leo.
Shorts and traders are taking advantage of this obviously but they're playing with a stick of dynamite with a lit fuse.
All the subtle signs and "hints" are pointing to very successful trials and when the news does finally come out (or something leaks out),this stock is going to explode.
Just waiting for the firing pin to hit the primer.No longer "if" but when.
Kelt
Hi Karin,
Sorry I didn't get back to you the other day.My wife was in a car accident (not her fault and she's OK).Now we're scrambling to replace her car.
I wanted to ask you if you see any significance in garydaemon's post below copied from yesterday.
Kelt
garydaemon Tuesday, 10/13/15 03:29:18 PM
Re: None
Post #
125652
of 125808 Go
Amgen has an updated patent for AMG900
And within this patent:
The invention also includes use of any other pre-clinical HDAC inhibitors, including without limitation, Kevetrin, an agent selective for HDAC2, that are later determined to be useful for the treatment of cancer via the reduction or inhibition of histone deacetylase activity in combination with AMG 900.
Interesting if they are studying Kevetrin
Aye!!!
Now to go buy some wine and cheese and crackers.Today here has been one of the worst wine tasting events I have ever been to.
Kelt
scottsmith,you asked the question:
scottsmith Member Level Saturday, 10/10/15 03:50:02 PM
Re: keltoi post# 125222
Post #
125234
of 125319 Go
Would your opinion of a r/s change if leo or another ceo followed the move by releasing material news?
My answer is that your question is a "catch-22" in that if the "material news"is the type of news that we are all waiting for,an R/S won't be necessary anyway.
Getting on the Nasdaq is no guarantee of safety from the types of "crooks" we want to get rid of.There are plenty of shenanigans on the big boards too.
The science and the execution of the business plan is what will take care of the S/P and security of the company.
An R/S won't solve anything and will surely not impress any potential "Big Pharma" suitors.
By staying the course Leo is also sending a message loud and clear to all interested parties (including Big Pharma) that he knows he has the goods and he knows what is best for the company and shareholders and he won't settle for anything less.
Hope this helps.
Kelt
P.S. That is my only post for today.
My math shows this:
Let's suppose a company is worth $100,000,000.Let's say they have 100,000,000 shares out at $1.00 per share.
Let's say they get bought out for 1B and you have 20,000 shares.You get $200,000.(Right?)(1B divided by 100M = $10/share)
Now let's suppose that the company does an R/S of 4:1.They now have 25M shares out.
You now have 5000 shares worth $4/share.(still worth $20,000)
Now let's say the company gets bought out for 1B.
$1B divided by 25M = $40/share (x your share count of 5000 still equals $200,000)
I'm not against a R/S because of that,I'm against it because the track record of companies getting hammered by traders/shorts/etc.is so common after a R/S.
Leo knows that too.
Kelt
Essentially Dana Farber is keeping a lid on Kevetrin as long as they can.News will eventually get out and when it does,DF will be inundated with media and patients screaming for kevetrin treatments,phones jammed,etc.
They went through something similar in the beginning with the phones being inundated with callers.
They are not ready for that type of publicity (yet).
Stay patient.
Kelt
If Leo is going to do anything,he needs to do it before end of year tax-loss selling kicks in.(Mid-late Nov.?)
Kelt
I agree with your speculation and have long felt that Pfizer is very
much in the game here.I would dare say that PFE has had much more time to watch CTIX close up than any other potential suitors.
Kelt
I haven't seen this much manipulation since I was a kid watching a
Marionette puppet show.
Remember that we are still under attack.That's why the SP is what it is.
Kelt
That would be interesting :)
Kelt
You are too kind. :)
Kelt
CTIX is in Beverly,Mass.
I believe the Ashcroft law firm is also in Mass.
Hope all is well Buc.
Kelt
Rosen et al kicked what they thought was a sleeping chihuahua .They woke up a sleeping pit bull.
They picked a fight with the wrong dog.
Kelt
IMO Leo could have hired the law firm of "Dewey Cheatim and Howe" for their defense or to get the case dropped.
Remember that the Plaintiff HAS TO PROVE their claims are true,which is impossible at this point.Defendant doesn't have to prove anything.
CTIX retained the Ashcroft firm to do much more than just to get the case dropped.Especially since they have had a good relationship with the SEC.
If Rosen doesn't get enough plaintiffs (who are "similarly situated") the judge won't certify the case as a class action and the individual plaintiffs would have to file their own individual lawsuits.(Good luck finding any level headed lawyer who would take their case seriously)
Leo wants to crush the serpent's head.The Ashcroft firm is capable of doing it.
Remember also that even if/when the case is dropped,the Ashcroft law firm can do discovery on their end and still drag the scumbags into a lawsuit filed by CTIX.
Kelt
I had put that in simpler terms a while ago.
"Nobody knows nuttin"
Kelt ;)
P.S.I also agree with your second statement.
When you come to a fork in the road,take it.
Kelt
I'll take any shade of green at this point ;)
Kelt
Any Yo-Yo can file a lawsuit.Problem is THEY have to prove their case,not CTIX.
I was involved in a major class action suit.
Costs to plaintiffs are humungus.Many depositions are taken (very costly).
Could take years.Mine did.
What we're dealing with here are lawyers trying for a quick buck.Not a protracted drawn out slug fest for years in court.
CTIX has all the proof of their defense they need.The lawyers know that.
No lawyer is going to proceed and cover the costs out of pocket against CTIX knowing they don't have a winnable case.They (lawyers) have to take the case on a contingency basis.That means they risk losing their "investment"if they lose the case.
This is all "smoke and mirrors" by lawyers looking for a quick,easy payday.
Ain't gonna happen.
Kelt
Thanks for that.Leo asked Dr.J to "translate" the poster presentation for us so I guess it would be sometime this week.
Kelt
From Leo yesterday...
Hi,
Sure. I will have Dr Jorgensen do that on Monday.
Have a great weekend.
Best,
Leo Ehrlich | CEO |
cellceutix
100 Cummings Center, Suite 151-B, Beverly, MA 01915
Leo@cellceutix.com
www.cellceutix.co
On Fri, Sep 18, 2015 at 4:10 PM, <xxxxxxxxxxxxx> wrote:
Good response to today's poster presentation.
However,for those of us who are "medical terminology challenged",might it be possible
for someone to translate it into something the average lay-person/shareholder can grasp?
(just a suggestion ;)
Thanks again
Jim
Count me in as well!!
Kelt
Right now it appears that the market is pretty much ignoring all these lawyers trying to "pig-pile"on CTIX :)
Kelt
By request I am posting this link re: "ambulance chasers"
http://www.nytimes.com/2008/02/12/business/12legal.html?_r=0
Kelt
BINGO!!!!!!!!!
Give that man a CUPIE DOLL!!!! (AND A CIGAR!!!!!!!!!!!!!!!)
Kelt
Thanks for posting this.Spot on!!!
I sent my email to your office email.
Best regards,
Kelt
According to the alert,although they filed a suit,they are fishing for plaintiffs.
As it stands they do not have a lead plaintiff.
Their accusations are totally false and easy to disprove.
They can't have a "Class" certified with just a few plaintiffs.They will need many.
They may have filed but they can't proceed without meeting the strict criteria the courts require for any class action type of suit.
I know because I was involved in a class action against a major package delivery company involving labor rights.I worked with the lawyers face to face as one of the lead plaintiffs and attended each of the lengthy court hearings and learning the procedures.
This is just another smoke and mirrors ploy to provoke panic.
Kelt
I am willing to be corrected but if I remember right,Leo applied to
uplist in February?
The cost of applying varies but regardless of circumstances is still very
expensive.
The application is good for 1 year,I believe.
So,with that said,I don't think Leo wants the current application to run
out and have to reapply all over again.
With that I think we will be on NASDAQ before the application runs out.
Maybe even sooner than we think.
Kelt