I compare Bitcoin and pot stocks potential to someone in 1998 saying this crazy though: "Buy into the Internet market space" Not so crazy now...
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And since then we've seen a few monstrous volume days.. I'd say those last few blocks on the ask are the remaining convertibles.. and if there are more there can't be more than a few million left. This will fly high in the coming weeks.
And what do you think about the ZoptEC phase 3 study? It seems further along than any of the other current studies AEterna is involved with.
http://finance.yahoo.com/news/aeterna-zentaris-announces-data-safety-113000737.html
Thanks. So would you say the ZoptEC phase 3 study has a greater impact/significance at this point than the Perifosine and Torisel study?
Do you know which between Perifosine and Temsirolimus is AEterna Zentaris associated with?
"Temsirolimus is an intravenous drug approved by the FDA for treatment of other cancers (kidney cancer, certain types of lymphoma) but not for brain tumors. Perifosine is a pill that has not been approved by the FDA which blocks a messenger that tells cancer cells to grow. Research suggests that combined treatment with both drugs is better than either alone, and that it is reasonably safe."
So this article confirms the drug is FDA approved. Does the market know that yet? In other words does the market know that Zentaris has this drug that is FDA approved? Has a PR been done about this fact yet?
Wow that's huge. Definitely going to be adding to my position here.
That's for sharing that due diligence.
Another great call Blue! Making good $$ with this one, thanks for the DD.
You can set your trades orders as GTEM or 'good until extended market'. Not sure if all brokers accept these types of orders though.
Got a starter here today, easy money ahead IMO.
On the bid at 2 for a couple thousand $. Looks great here!
Looks like 100M+ straight into the float today only IMO
Got my 100% gain. Going back on the bid at 2s and 1s.
I think 2s here are a good gamble. It is more than likely in my opinion that GRLT will see 3s and 4s short term. It is unlikely (regardless of how much dilution is going on) that this stock will flat line at 1s and 2s because it is in the best interest of the company (or the fraudster's how ever you want to call them) to put out a nice PR, let the price bubble a few ticks, and then dilute at a share price in the 4s or higher to bring it back down. That being said, from a risk-loving type penny stock trader this type of set up is perfect for a quick 50-100% gain.
LOL $9,600.00 of revenue and $6.8M net loss in first six months of the year with an accumulated deficit of $53.6M!!
I got stopped as well. Very disappointing! I may look to get back in
when this bottoms out.
Float is held tight. Low volume with significant and steady price increases! A few high volume days and I believe we could see the PPS double in a short period of time.
IFON will be my first 10 bagger!
Me too ;)
Blue, DXM recently hit it's all time low. Nasdaq stock with operating revenues of $406M in the first quarter of 2015. Currently trading at around $0.40, 52-week high of $13.74! This company is still going strong and way oversold.
Shark
Some more volume and this could really explode!
Lol! You must have really upset her!
We are stronger than ever here, nice organic growth, sales increasing, excellent reviews of the phone on the Walmart website. IFON is one of my top stocks and I have no intent on selling my shares any time soon. Good luck to all.
Great time to be adding. This will definitely see a nice increase in the next few weeks.
I removed the sticky post about Coates' fraudulent past.
This will get pumped back up nicely sooner or later! Great opportunity for us traders
I bought some today with some spare change as a gamble. Nothing significant but i think this could easily have a bounce back to the 20s where I can make a nice profit. If not I don't care just spare change. Those are the people like myself buying right now IMO.
Does anyone have a recent share structure?
LOL
Can someone who has been following MDBX fill me in on why this is tanking so hard? Anyone have an up to date float, o/s and a/s?
Wonder what triggered all the volume today... Hopefully some insider action going on before some big news. Fingers crossed!
I find it bizarre that George released a PR affiliating himself with Cummins a day or two after I posted about how Coates could not compete with such companies as Cummins. Could he possibly have enough time to be reading this board? Lol
Could have but anyone who reads the article knows that. Hopefully some of you connected the dots and got your money out in time.
Good to know. I've been loading since Monday. Make me rich!
Hey Nut you and I both know what is going on here. We have both been following COTE for years. Hopefully our genuine comments helped some save their money!!!
View it as you will. Just making sure potential investors have a more complete DD before throwing money into this.
Once a crook always a crook! "Coates admits that he makes a profit on each of these transactions and that despite advice from an attorney to stop selling stock, he will 'keep doing it forever.' "
Engine Inventor Accused of Fraud - TheNewYorkTimes
To the self-chilling beverage can and the speed-boosting horseshoe the Federal Government would now add the Coates Rotary Valve Cylinder Engine, developed and promoted in the last four years by George J. Coates, a New Jersey inventor.
Like the beverage can that can't, and the speedy horseshoe that wasn't -- both features of earlier unrelated schemes that cost public investors dearly -- the Coates engine is now described by securities regulators as a device chiefly useful for generating cash for its inventor.
Lawyers from the New York regional office of the Securities and Exchange Commission went to court yesterday morning against Mr. Coates, 53, of Wall, N.J. In a civil case filed in Federal District Court in Manhattan, the S.E.C. accused Mr. Coates of lying about the merits of his invention and using those falsehoods to illegally sell $6.5 million in stock to nearly 400 people across the country.
Hours later, Mr. Coates was arrested at his New Jersey office by United States Postal Service inspectors, acting on a criminal complaint signed by the United States Attorney's office in Manhattan. The complaint charged Mr. Coates with one count of mail fraud in connection with his solicitation of investors.
"Many of these investors were neither wealthy nor sophisticated" and were induced to invest their savings on the basis of Mr. Coates's claims, Herbert J. Cohen, an S.E.C. lawyer, said in an affidavit filed in the civil case. The S.E.C. charged that Mr. Coates had used much of the money he raised for his own personal expenses, including the purchase of $1.1 million worth of real estate. Talk of Fleeing Country
The lawyer for Mr. Coates, William J. Wolf of Lakewood, N.J., did not respond to messages left at his office yesterday. Mr. Coates remained in custody in New Jersey yesterday evening and could not be reached for comment. Under Federal procedure, he was to be arraigned before a magistrate, who would consider a bail request; prosecutors then must obtain a grand jury indictment within a specified period of time, or negotiate an extension with the defendant.
In announcing the arrest, United States Attorney Mary Jo White noted that Mr. Coates had told investors, former business associates and even staff lawyers at the S.E.C. that he intended to flee the country if confronted by the authorities. If convicted on the mail-fraud charge, he would face a possible five-year prison term and a fine of up to twice the gross loss incurred by investors.
According to the lawsuit, Mr. Coates falsely contended that his engine produced less pollution and ran more efficiently than conventional engines. He contended that its performance had been verified by independent testing laboratories; not true, the lawsuit said. In fact, the lawsuit charged that the only emissions tests done on the engine showed that it generated so much pollution that it could not hope to meet Federal or state emissions standards.
Nevertheless, many people were fooled by the inventor's claims, the S.E.C. said. Forged and Unreliable Tests
Mr. Coates distributed forged and unreliable tests to potential investors, the commission said, and one test was an "unofficial tuneup test conducted at a local service station." He also said he had received "hundreds of thousands" of orders, the commission charged, when he actually had a single order for two prototypes, "which actually cracked or failed during preliminary testing."
Magazines and newspapers -- including The New York Times -- featured his engine in articles published in 1992. Mr. Coates then distributed some of those articles to potential investors, along with newsletter articles and letters he prepared, according to court documents.
As early as April 1990, the commission charged, Mr. Coates started selling stock to individual investors without registering it with the commission, as required by Federal law. Between April 1990 and the present, according to the commission, his companies raised $5.3 million through stock sales, and he personally raised an additional $1.2 million by selling shares that the S.E.C. said might have been counterfeit.
Those unregistered stock sales have continued ever since, said Richard Walker, regional S.E.C. director -- which is why the commission asked Judge Kimba M. Wood of Federal District Court in Manhattan yesterday to freeze Mr. Coates's assets and appoint a receiver to take control of his business. Order to Freeze Assets
Judge Wood signed an order at midday freezing the assets and appointing a receiver to oversee the company's affairs.
The S.E.C. has asked Judge Wood to approve both a preliminary and a permanent injunction barring Mr. Coates from any future violatons of securities laws. In most S.E.C. cases, such requests are the legal equivalent of locking the barn after the horse is gone; but in this case, the agency argued in court yesterday, the requested injunctions against future violations have a very compelling goal: to stop Mr. Coates from continuing to sell his stock to the public.
According to S.E.C. documents filed with Judge Wood before Mr. Coates was arrested, Mr. Coates continued to buy and sell his company's stock in violation of securities laws even while the commission was investigating him. "As recently as July 14, 1994, Coates admitted that he buys stock personally from investors and sells it to other investors," a commission lawyer noted in an affidavit. "Coates admits that he makes a profit on each of these transactions and that despite advice from an attorney to stop selling stock, he will 'keep doing it forever.' "
Source:
http://www.nytimes.com/1994/07/23/business/engine-inventor-accused-of-fraud.html
Three weeks ago 0.0011, that is the established true bottom.
Easy. ALL OF THEM!
Cummins, Rolls-Royce, GM, etc.
Here an interesting recent article for you to inform yourself:
http://fortune.com/2015/06/08/cummins-diesel-engine/
"Coates admits that he makes a profit on each of these transactions and that despite advice from an attorney to stop selling stock, he will 'keep doing it forever.' "
SOURCE:
http://www.nytimes.com/1994/07/23/business/engine-inventor-accused-of-fraud.html
It's debatable.
But whether the tech is outdated or still able to compete with the big players, the only thing on this CEOs mind is dilution and retirement. He is in his early 70s after all. Once a crook, always a crook!
Regardless of the recent price action, the technology behind the CSRV engine is outdated. It was a good idea 20 years ago and had the potential to be evolutionary in the engine/transportation industry.
There are now simply far better engines being produced by large international companies who have access to far better tech, far more capital, and far more market reach than Coates will ever have. (Especially with his criminal past!) And then there is the new booming solar industry...