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I see now what you were referring to. Yes Humanigen is in BK and doing the hat they do. I haven’t delved into that deal. I can assume you are in it. Hope you have a solid victory. Did they ever get any phase approvals. If I remember correctly, it wasn’t nearly as big a company as Immune / Cytovia Tx. Or maybe I should say that it didn’t have the same valuation or projected valuation compared to Immune deal. Still a good deal I’m sure. Cameron will make things right for shareholders. I wish Cameron was doing our deal. That guy is pretty sharp. I believe he has more experience than Teper. Could be wrong. I’m just going off the top of my memory. Like I said, I couldn’t care less. Hope he does well. Lots of businesses going the reorganization route. Used to be 4 a day. Now up to 20 a day. It’s going to get really crazy come the next 18 months. March will bring huge layoffs and then come the refinancing starting in Fall which will be crazy with all those Zerp corp folk having to renew at a much higher rate. So many businesses leveraged to the hilt. We are going to see a fall out like we haven’t seen for many years. Potentially a good opportunity for Teper’s Hub and Spoke program if he can get the capital to start purchasing all these smaller likeminded prospects. A lot of guys will be eager to spark up conversations in these desperate times. Of course many planned their descent accordingly. Still good either way. lol. Just details. lol. This will only benefit our long term approach. Be well bud. Stay strong. Hula Hula Cuckoo Penny
I know Bruce what ESHA is about and what they possibly plan to do, but thanks for letting your board know. Maybe some folk haven’t been paying attention to me and need the assistance. I’m the dope that originally shared info on ESHA. So you aren’t really saying anything new that I don’t already know. Nice however to see you like my thought process. I try super hard to be relevant, lol. I’m enjoying all the 13g filings. The tea leaves must be speaking to them. They must see the value that I see. Super strange how they have invested millions in SPAC when nothing has been revealed. Or has it??? I think it’s pretty obvious but I could also be wrong. Maybe they playing me for a fool. It wouldn’t be the first time someone played me. lol. Doesn’t matter one bit since I’m not the one forking out 100s of millions. I’m forking out zilch, nada, zero, bupkis. I’m sitting super pretty right now. Can’t wait to get out of this cold hole and back into some warm sunshine where palm trees and sand sift through my toes. Need that Spring break before my Summer break. Hope you guys are enjoying the sunshine where you are. I’m sure many of you people already live in the hot zones. Lucky bums. Liquidity in 2025. Hula Hula Cuckoo Penny
What are you referring to RLK regarding Cameron? Stalking Horse Bidder for …….? Are you referring to our remnant sale ? Are you referring to another sale? Is Humanigen working on something? I couldn’t care less about Cameron but I’m curious to know what you are referring to. Hope all is well with you. Hula Hula Pennyfull
Keep bringing that INVO price down. Hula Hula Cuckoo Penny
Multiple positions taken in ESHA. Lots of folk filing….. Hula Hula Cuckoo Penny
First Trust Merger Arbitrage Fund
By: /s/ Joy Ausili
Joy Ausili, Trustee, Vice President and Assistant Secretary
First Trust Capital Management L.P.
By: /s/ Chad Eisenberg
Chad Eisenberg, Chief Operating Officer
First Trust Capital Solutions L.P.
By: /s/ Chad Eisenberg
Chad Eisenberg, Chief Operating Officer
FTCS Sub GP LLC
By: /s/ Chad Eisenberg
Chad Eisenberg, Chief Operating Officer
Karpus Investment Management taking their 5.85 position in ESHA. Oh boy. Everyone announcing their positions. Good work guys. Hopefully you at Karpus are on the ball like Sean and his band of thieves. Stay tuned in. Ya’ll are spending the big bucks on something that hasn’t stated anything yet. Wow. Huge risk? Maybe not….lol. Hula Hula Cuckoo Penny
HGC Fund was hot the trot for ESHA. Getting 7 percent position in ESHA. Nice work Sean. Hula Hula Cuckoo Penny
Lots of Canadian boys getting in on ESHA. Nice work. Let’s see if we get what we believe will happen. I know nothing. You guys probably know much more. I just see what I see. Maybe we see the same thing. Maybe we don’t. Who knows. I sure don’t. Hula Hula Cuckoo Penny
I wonder what the next spike in the wheel will be. I have feee ideas. Hula Hula Cuckoo Penny
Mike, everything in this world starts off with a dream. So keep dreaming
Mike. Hula Hula Cuckoo Penny
You the man to point that out, however, it's not over yet Mike. Parent still has the chance to get that alternative financing. Stay tuned. But who knows. Maybe it’s just a recap end of story. Hula Hula Cuckoo Penny
Good find Bruce. Thanks. Yes. I have heard of that business model. Many industries use it, I don’t usually think on those terms but I enjoyed reading about the concept. Neat strategy, spreading risk is good way to do things. Good for Teper. A real visionary to a certain degree. That’s a smart innovative approach for such a huge slime ball crook. Be well. Hula Hula Cuckoo Penny
I saw that bud perky. That’s some crazy spelling check problem
you have. I look forward to them closing up here. It’s taking forever and a day to get this done. All the best to you with your venture. Hula Hula Cuckoo Penny
https://www.astrazeneca-us.com/media/press-releases/2024/astrazeneca-expands-us-manufacturing-footprint-to-accelerate-ambitions-in-next-generation-cell-therapy-discovery-and-development.html
IPO and Exit Strategies for Startups
When a startup has been successful in its operations, the founders and investors may be interested in taking it public. This is known as an initial Public offering (IPO). This process involves the sale of shares of the startup to the public, allowing any interested individual to buy a piece of the company. It also gives the founders and investors a chance to cash out their stakes and reap the rewards of their hard work.
The IPO process is complex and involves many steps. First, the company must register with the securities and Exchange commission (SEC) and file a registration statement. Then, the company must go through a due diligence process to ensure that all of its financial statements are accurate and up-to-date. After this, a prospectus is created which outlines all of the key information about the company, such as its products, services, financial projections, and risks associated with investing in it. Finally, the company holds an IPO roadshow, where potential investors can learn more about the company and ask questions.
Once the IPO is complete and shares are sold, the company is now a publically traded entity. The founders and investors may choose to keep their shares or sell them at anytime they wish. The market price of the stock will fluctuate as it is traded on an exchange, so there is potential for increased returns if it increases in value.
When a startup has reached a certain level of success, another exit strategy may be to seek out an acquisition by another company. This can provide great rewards for both parties involved, as it allows the acquiring company to gain access to new technology or products and expand their market share. It also allows the founders and investors of the acquired startup to cash out their shares for a substantial sum, depending on how successful their startup was.
Finally, venture capitalists may also choose to exit their investments through a merger or reverse merger. In this scenario, two companies agree to combine forces into one entity, where the owners of each company become shareholders in the new entity. This can be an effective way for venture capitalists to exit their investments while reducing their risk.
Overall, there are many exit strategies available for startups and venture capitalists looking to cash out their investments. Although IPOs are one of the most popular strategies for going public, other options such as acquisitions or mergers should also be considered depending on the circumstances. Ultimately, it is important that entrepreneurs understand all of these strategies and have a plan in place in order to maximize returns on their investments.
Super interesting stuff. Very real. Abandonment options.
https://www.investopedia.com/terms/a/abandonmentoption.asp
Just so you know…Notice of abandonment was filed 01/29/24.
If an objection is filed, a hearing will be held before the Honorable Vincent F. Papalia on March 5, 2024 at 10:00 a.m. at the United States Bankruptcy Court, Courtroom no. 3B. (Hearing date must be at least 28 days from the date of this notice). If no objection is filed, the abandonment shall take effect on entry by the clerk of a Certification of No Objection.
So…… Hula Hula Cuckoo Penny
Effective date approaching quickly with our S-4 Reg and then 45 days later a parent stockholder meeting. We should she that meeting no later than the tail end of March. These guys love doing things at the very end. Fingers crossed that all goes well in April. Don’t forget we have the possible ESHA deal that I expect should happen in the following months. Stay tuned. Lots to look forward to and plenty of time to get that money to complete the deal. Shouldn’t be too hard to get that financing. lol. 2025 will be epic. Hula Hula Cuckoo Penny
What a great game. Best team won. Be well all. Hula Hula Cuckoo Penny
Hope you all are enjoying the game. So far pretty even. Pretty close. Enjoy. Hula Hula Cuckoo Penny
Yes I saw that Intra Capital got in there. I thought I mentioned that. Maybe I didn’t. I was going to. Just making my rounds. Very convenient people. Well played. Don’t care. All crooks to me. Birds of the same feather flock together. All parties are able to trade now. Hula Hula Cuckoo Penny
It will be interesting to see how ESHA comes into the lime light. Maybe they come in down the road. Maybe they simply do a quick and easy scam first. Maybe they just empty the change out of their pockets and find the remaining money to complete the deal before the big chunk of change comes in. Or maybe they leave ESHA to just merge with Cytovia. I believe in this current state, there would be a lot more to benefit to have ESHA jump on the bandwagon with Naya. No matter what happens here, all the crooks are coming into the foreground and all parties are now able to have a huge public orgy without any consequence to anyone. Such is the way of the world. In the end, all of them are getting in on the ground floor for free. The system is corrupt and it’s not for the faint of heart. We all must face this reality and choose what side we’re on. I prefer the high road. It’s certainly more stressful but worth the effort. Hula Hula Cuckoo Penny
Good news for officers and directors. Free to do what they will as of today.
Certain Options of INVO Bioscience, Inc. are subject to a Lock-Up Agreement Ending on 9-FEB-2024.
February 08, 2024
Share
Certain Options of INVO Bioscience, Inc. are subject to a Lock-Up Agreement Ending on 9-FEB-2024. These Options will be under lockup for 185 days starting from 8-AUG-2023 to 9-FEB-2024.
Details:
The company's directors and officers, and the holders of 5% or more of its outstanding Common Stock (and all holders of securities exercisable for or convertible into shares of common stock), have agreed, subject to certain exceptions, not to offer, issue, sell, contract to sell, encumber, grant any option for the sale of or otherwise dispose of any of our Common Stock or other securities convertible into or exercisable or exchangeable for its Common Stock for a period of six (6) months after this offering is completed without the prior written consent of the Placement Agent.
I only ask you Peri because it’s odd to me that you just suddenly dump a 100 million in a blank check company that doesn’t know what it’s investing in yet. Maybe Peri ESHA does know or maybe it doesn’t know. Who knows right Peri. Maybe you see what I see or maybe you’re just playing pin the tail on the donkey. I do see a lot of stuff Peri. Some folk believe I’m just delusional and crazy. Who knows right. I sure don’t know. lol. Hula Hula Cuckoo Penny
I see Periscope Capital is a new player with ESHA. I now see where those shares went. Wonder if there was a little trade off and a little you scratch my back and I’ll scratch your back transaction. Great work Peri for picking up those shares in November. Not too shabby for a Canadian group. Nice sleight of hand play. Did you guys see what I see? Not many do. The judge is still out in this one. Maybe I’m wrong eh player. Who knows, right. Lol. Not I. Just a guessing game for this simpleton. Hula Hula Cuckoo Penny
IMFAO this is going swimmingly well. Enjoy your weekend Longs. I’m told this is the Super Bowl weekend. I thought it was last weekend. That just shows you how much I care. lol. Go 49ers!!! Hula Hula Cuckoo Penny
After consideration of the comments and the Commission's experience in the area of roll-up transactions, the proposed
amendments are being adopted substantially as proposed. Although not required by the Act, and as outlined more completely below,
the Commission today adopts a definition of roll-up transaction for disclosure and certain other requirements governing roll-ups
-[18]- The legislation generally defines the term as a transaction involving the combination or reorganization of one or more limited partnerships, directly or
indirectly, in which some or all the investors receive new securities or securities in another entity. A roll-up may be structured as an acquisition, a merger,
a tender (exchange) offer or in some other fashion.
Hula Hula Cuckoo Penny
So as you can see Bruce that Trustee has much to do. It is very possible that Astra takes possession of the asset. But I believe that sale is left to be seen once bankruptcy is closed / dismissed. They definitely have control but as you may know there’s such a thing as Temporary Control with assets. Custodianship and assignment isn’t forever. So who knows how this all plays out. If I am correct with my thoughts that this is a Roll Up deal then lots of factors will soon be in place. I believe bankruptcy will be hanging around for a while yet. Lots of formalities and things to do for Trustee. No rush in their eyes. Hula Hula Cuckoo Penny
Deemed Abandoned
Practically speaking, trustees usually don’t bother to do a formal abandonment unless they want to quickly avoid the risk of liability from a detrimental asset. Most asset cases are closed within about 100 days after filing. So at that point all your assets are deemed to be abandoned by the trustee to you.
We have a few months yet to get to an end. Maybe even longer. So enjoy your moment Bruce. Hula Hula Cuckoo Penny
Too bad for you Mike. Denial is so strong for some folk. They let it take over of their life. I wish only the best for you as I do so many other delusional people that give me their shares and hard earned money. It just business. Nothing personal. Like I say OPM is my friend. Be well Mike. Same for you Trader59. Have a great weekend. 2025 will be epic year for Longs. Maybe even sooner we’ll see some sunlight. I doubt it with the current strategy, but hey, I’ve been wrong before and I will be wrong again. Just remember this. I always win. Hula Hula Cuckoo Penny
Abandonment doesn’t have to be the end. But I like your positive thinking. I’m glad you found what I posted relevant. Unfortunately there’s still a ton of stuff that the Trustee must do before we see any conclusion to the BK. You will soon see where I’m coming from soon. Keep doing your DD. Be well Bruce. 2025 is going to be epic. Hula Hula Cuckoo Penny
I’m sure they followed the rules and gave 90 days notice to the authorities that the S-4 was filed based on their Roll Up strategy. Don’t fret people. All is well. We just need the sponsor to jump in with SPAC and get this financed until 2025. Hopefully we see an exit in first half of 2025. Be well folk. Hula Hula Cuckoo Penny
Looks like Space Summit Capital LLC dumped their 1 million shares of ESH Acquisition corp.
One positive here folk is that this whole deal doesn’t depend on anyone finding any money. So I see this stretching out with INVO delisting etc. Then I see ESHA coming in to finance the whole deal. Maybe before that deal we will see Satellos jump into the warm waters. The only thing there is that maybe Satellos wouldn’t fit in timeline. Maybe too close to ESHA and its expiration date. lol. Maybe too aggressive. Hilarious. So excited to see what they do with the bankruptcy to extend that out. That will be awesome to watch. Big date for s-4 is coming up. Hula Hula Cuckoo Penny
What great start to the year: First quarter is looking amazing. The market is moving along nicely. Should see a couple cuts in 3rd / 4th quarter. Must do something after summer. 2025 will be epic. Hula Hula Cuckoo Penny
Hey RLK, maybe all is predicated on Latin America rollout. Maybe they get some Latin allocation from Pint / Mr.Massimo. I remember that guy wanted to eventually dig in on a series A round. It would be slick to use Naya as an indirect way to get in on ground floor of Cytovia Tx. Who knows. Not I. I just enjoying this guessing game. Hula Hula Cuckoo Penny
RLK. Are you referring to a global co-development between China and US and China being the investor in that transition? I guess he did mention that was a possibility. Who knows. Not I. Obviously Chinese will play a great role in the company’s future. Anyone’s guess what happens next. They obviously need some money now. Stay tuned. Hula Hula Cuckoo Penny
RLK. I do remember something about licensing payments from Cytolynx. I believe Cytovia is eligible to receive up to $400 million in upfront development and commercial milestones under the agreement with Cytolynx. However, I wouldn’t rely on those payments. Any ways. That’s all I can remember. Oh, I also remember Jack Ma. That’s it. Hula Hula Cuckoo Penny
Don’t forget we still have voting to do and S-3 process which will definitely take some time. I don’t know where you get this Chinese / Japanese stuff from. Nothing there. If anyone would know it’s me. Nothing I don’t know other than what they don’t want me to know. I do love the Chinese deal. They are great business partners to have. They don’t mess around. I had a great time dealing with them folk. Learned a ton. Same goes for working with the Japanese. Had lots of fun with them as well. Wonderful people. Nothing but good memories for me. Hula Hula Cuckoo Penny
RLK, the Chinese are never the problem when it comes to getting something done on a timely basis. I’ve done enough business with them on a large scale that I know that to be fact. When they say they will do something, it’s done. They don’t have bureaucracy or red tape like Israel and United States. I remember when one of our suppliers said they would build a float plant ( flat glass plant ) in 6 months and they did. This is one of the largest plants you can build in the world due to the nature of the product that it is manufacturing. So trust me when I say that the Chinese are not part of any delay. It’s simply the nature of the beast and lots of corruption to ya boot. Trust me, I wish we would have some sort of liquidity moment. But I’ve been wrong on every level thus far. My judgements are purely on timing to do certain transactions. If they pulled money from Kazado or someone that can dish out the 5 million then we would could do this one merger. But sadly I don’t think that’s going to happen here. I still believe they will let INVO collapse, go private and then hook up with SPAC. They don’t need to go private but I think it’s easier to merger with them doing so. Funny thing is that I’m more curious about the BK and how that resolves itself and Carey’s on into the year. I’ve never been in BK and I find this process quite fascinating watching this Trustee do the job. I also look forward to watching Immune come back to life next year. That will be good. Can’t wait to go back to Hawaii in a few weeks. So much rain here in Vancouver. To grey for me. Hope all is well with everyone. It’s all coming together nicely but I can see they won’t be doing anything quickly. The de-SPAC alone will take 6 months or more to complete and then merger with Immune will take not too long. Maybe a couple months. That might process might even happen in late fall pending on how they play this out. But I repeat, Alexion is simply a collaborator / partner. Don’t believe at all that they are taking possession of anything. I believe they were simply helping by taking things off the plate of Immune. Custodianship is more likely. Could be wrong as I usually am. I know nothing. I do know that Peter Finch bought him self a plate at the table for cheap and for useless drug. Very smart. Everyone needs a useless drug in their back pocket. Hula Hula Cuckoo Penny
Sorry RLK. You must be confused. I’ve seen it all bud and there is nothing that relates to Chinese / Japanese. The closest we have come to any ties with Chinese is through Cytolynx deal and that venture wouldn’t be preventing us from doing anything. We will not be going public because they are simply following a plan that is taking forever to complete. We will be closer to the end by 2025 after SPAC has merged with Naya. Then it’s just a matter of finalizing everything with Immune coming back to life. Once we start seeing Immune coming back to life is when it all comes together. But I see no Chinese getting involved. I could see Chinese going public with Cytolynx and then merging with someone down the road. Who knows. All said and done. Nothing happening this year. Hula Hula Cuckoo Penny
Wow. That is going to be a long process. No fun for anyone. I don’t believe anymore that Alexion is involved other than being a partner or collaborator as they called it.
Just read the unconditional offer again. This current merger will result in Naya remaining private and simply recapitalizing. Then SPAC will do its thing keeping Naya alive and well funded but it will eventually terminate and have Naya remaining private. Then the new Immune company will be brought back to life and listed and then soon after merge into the new private Naya project. There will be no liquidity until all that happens which will take a long time. At least the whole year which will take us well into 2025. This makes perfect sense to me. Hula Hula Cuckoo Penny