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Fwiw after talking to others I believe the rexista trial may of been paid for already. Which is why cash burn was so high from November. I'm trying to confirm.
I looked into my shares. They can't be lent out because they're in registered accounts.
Nevermind the PR Boom.
"Successful Nigerian Dr. creates company to provide low cost drugs for poverty stricken Africa."
While interviewing him as a "philanthropist" he could explain the road he's taken from biovale, IPCI and its current tech and then mention smart pharma. Giving both some needed PR.
Wake up PR firm.
Fwiw if it's tge same meeting I attended I dont recall the phrase "to be a hero" being used.
Even when contracts are signed we can't catch a break. Man the stars are not aligned. I hope they sue MNK for failing to fulfill its obligations.
Ok I see what you're saying. They would have to issue shares at the current price at the time. Which would likely mean they would give existing holders first dibs on shares.
If you have 1 million shares at .50 the company is worth 500 k. if you do a 2:1 rs you have 500k shares at a 1. So now you have the $1 share price but market cap doesnt change at 500k. You do the offering and you would just drive the market cap down further. So please explain to me how it fixes it to do a rs? I'm not being a dick I just fail to see how a rs will solve this.
Exactly. If they delist on nasdaq I'm just journaling my shares to tsx.
Couple that with the fact a reverse split still doesn't solve the market cap issue. We're still below 35 mil.
Hopefully that's where China comes into play some how
How long are these typical distribution contracts
It makes sense. Given the problems they mentioned with being underbid on contracts by suppliers who then fail to deliver.
Explain to me what is so Horrifying in this report? Everything is basically as we expected. The company has issued guidance on what we can expect and we have to wait and see if they deliver. There was no BAD news.
This is just more gaming of the stock which for someone who has apparently no position in spends a lot of time talking about.
When I was there for the tour they had a bunch of new equipment to be set up to expand manufacturing. So I assume it's that stuff.
Really? Gee thanks. At least I won't have to listen to you anymore then.
Lol yes you're right / by 2.2 not 5.5 haha stupid mistake. Still working on my first coffee ;)
5.5 Mil Rev, 60% increase yoy not to shabby. Looks like Musky was pretty bang on
Any offering drives the market cap down further. It doesn't solve the problem.im no expert but it's really basic math.
Exactly I've said the same thing over and over. It does nothing to solve the problem. We have to get to just over $1. $1.05-$1.10 solves both problems period.
When does nasdaq.com update its ownership info? Seems to be way off
http://www.conferencecalltranscripts.org/13G/summary2/?id=4599552
Looks like Boyd increased his stake 136k more or so
I "singled" you out to it because you replied to it. Did you not read my first post when I addressed everyone?
"Np. So who's calling in? Don't want to hear you whine if you don't take advantage of this."
I hope you call! You've been awfully negative as of late ;)
Np. So who's calling in? Don't want to hear you whine if you don't take advantage of this.
Doog all that stuff needs to be submitted with their applications I'm pretty sure. Which doesn't mean they attempted to commercialize it on their own.
I'm more surprised to why they didnt do earnings on Friday like they do normally. Hopefully it's Monday and good news so it has a few days to run
Nice. Hopefully everything was in place so it can start shortly. Now we need an update on PODRAS and clarity with China.
If we can get a progress update on something in the guidance showing its moving forward that's a win in this report as far as I'm concerned.
Some modest YOY increase in revenue and a update on say PODRAS trials starting or rexista trail start date and I'd be happy.
Compile the list and I'll send it tomorrow
65 shares premarket down 21%. ****In joke
Wonder if the company will still deny there is a short attack going on here. How bout adding that to the question list.
Are you going to forward these to Andrew?
Exactly, there is to much to lose and not enough to gain by doing this in a manner not compliant with regulations. Given that he is the single largest holder in this company.
Doesn't stop the shorts from making rumors though.
20 day moving avg crosses 50 day... :-| Maybe a bit of run into earnings?
Would be nice. Doubt those people will change though. I think most are tied to whatever group is working this stock. All these new alias and perfectly timed appearances
Exactly. They went and likely consulted on what was needed at the facility to manufacture Thier drugs. Would exaplilain why the Nigerian article said Odidi set up the facility. He likely essentially did. Yunfeng explicitly refers to it as their facility. So I wouldn't be surprised if we hear about a production contract shortly. Only thing still up in the air is who distributes? Drugs aren't approved in China yet. Don't know if YunFeng distributes here in North America.