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Yeah I know but it's not really surprising to see a director having another venture while trying to build a company. I see that in real life as well and I know some director who do this as well. So that's why I'm not as concerned as if this is Paul or Richard.
People don't view Barry as the main person. He's probably not involved in the day-to-day operations thus allowing more time to pursue other ventures.
Now if Richard Garr or Paul Michael are doing something, then I would be concerned as to why they're not pushing the NIH.
At a minimum, the status quo is kept. I was hoping for a full report but they're still using the alternative report.
Let's see what's in the communication to the shareholders.
The last time someone said Financials don't do anything, sp went downward lol.
I'm looking toward whether they are fully reporting or not and we can see in the report.
Also, I'm looking forward to the "letter to the shareholders". It seems like Paul is using the report to communicate non-pr news.
We'll see by Monday, hopefully they don't extend but I anticipate them to be fully reporting, which would make sense with the "imminent" timeline. The form 10 maybe another story.
No and no. If they PR this, it's fluff and nothing more. This should already be priced in. If not, great!!
The independent directors have already been PR. E.g. the CPA, Drimer and Fisher.
Richer than he is now? As a CFO for an investment company, I assumed that he's rolling in money already lol.
This is the same mo as all other director they appointed.
New filing but nothing material. Just about the new director and shares for his services.
https://sec.report/otc/financial-report/292393
Yes I don't like it either that this 50% down from it high. This is a pink stock and the volatility comes with territory.
However, seeing what they have done so far and the dd (also by other on this board) have made me comfortable enough to hold and buy.
To them some information is pr worth other is not. That's just the way it is.
I don't have other broker but just schwab. Also, I don't just rely on the brokerage for information as well.
It is different than pink current. They can use a different form to comply with being current for the otc.
Yes they're trying to comply with the regular reporting which is one of the many factors in getting uplist.
So why complain about sp going down after 2 up day if you don't have that expectation? Confusing.
Company is moving behind the scene and is communicating. Management has added legit people with reputation so far.
You can't expect the sp to keep going up day after day do you?
Why does it matter if sp goes down, they hired an accomplished cpa to be an independent director, whom I might mentioned is also a CFO for this company http://www.lampertcm.com/
Agreed. That was a great PR video!
Really really big thing ahead for $Cubt.
What does political orientation has to do with running a business? Also it's a dd post not a post from the company. If you don't like it why don't you look it up on your own and share it.
But thanks for your advice Pepe. I'll take it into consideration.
I guess this depends on what the definition of a short term is. Based on this, we can anticipates that something should be happening in the near future otherwise
You make absolutely no sense at all with this statement. You should re-educate yourself on insider buying. There are tons of reason to sell but primarily one reason to buy.
I understand your frustration and I agreed with you that management is responsible for the recent price action but you have to look at it this way.
Management team consists of people who came from good paying jobs to come to a spec company with no revenue and is a pink stock. It's a significant risk that they are taking, so they have to be compensated. And the compensation is with shares. Not only that, you have board members who have significant reputation on the line to join this company as well. So those conversion will happen either way.
The conversion of the series A took me by surprised as I didn't think they would do it quickly. However, I knew this would happen from the November PR as soon as they issued it.
But the way they go about this, really piss me off so badly. If they went about it differently, then we wouldn't be talking about this and the SP may have been differently. There is still potential with this but I am now more skeptical than before.
Just rethink your position and see if you want to wait and give this another chance or not.
Agreed their actions or lack thereof have completely destroyed the trusts of so many investors that have stabilized this stocks for so long.
They need to release information when it's important and not just hold onto it. Just be more forthcoming with revelant information.
Ironically funny because couple of months ago, the board blew up because to some management doesn't need to provide information and hand holding.
Well management went silent and the stock tank. The 10 q came out and the focus is now on the increase os share, which overshadowed all the other news.
The financing was completed in q1, instead of telling investors they become silent. They issued new preferred shares, which everyone knew from the November PR. Instead of just converting the C series, they also converted the A as well. Why are they silent on the financing? Is it to try and hide the series a conversion?
This makes them look suspicious and is the typical mo of other pinks.
If they have done it correctly, the increase os wouldn't have been the focal point or as bad as it is now. Management needs to realize that they are still a pink and until they got rid of that stench, they need to operate as such.
Think of where this stock could be if they tell us things with the right timing.
Reading through the PR and the 10Q. Here are a few things i noticed:
- Financing completed - So what are they doing with the cash now?
- Fully reporting - near future - QB upgrade then?
- Increased shares - Concerning but the company has no revenue, also seems compensations are with shares, which makes sense. Nobody is going to work for free.
- The recent sale off must be from the warrants for the financing.
The 10Q looks to be decent to good. Now we need more information as to what the company is doing. More concrete plan now instead of being quiet and just gloss it over.
They just gloss it over. The half million financing just completely gloss it over.
I'm frustrated that they didn't communicate to us about the warrants/financing.
Now I want to know what they are doing with the half a million in cash.
The increased shares are concerning but i'm more interested in the the futures. The lack of communication is also annoying as well.
i guess everyone is so focus on the increased shares that they gloss over the financing
Seems like PCTL added some helps. Hopefully the additional help is not like the CEO.
yes the installation is a pain but still another late filing. This M.O got to stop. Not sure why the majority of the filings are late.
There is no interest in this stock anymore. The N&S has been baked into the PPS already as this was holding steady at .15 and above for weeks before the official announcement.
Investors who were anticipating a PR after the N&S are probably disappointed and probably took a profit to go chase something else. Those who wants in are pushing the price further down creating nervousness and more selling.
The only thing is to hope this hold until Monday for the Q1 drop and a PR. If they just drop the Q1 and no PR, this won't go far especially if nothing new is changed in the Q1. If they missed the deadline, this will tank.
Sometime I wonder if Paul and Co. realize they are dealing with a pink and not a Nasdaq. They still needs to get above a certain PPS to go for a higher exchange.
I agree. Let's be skeptical and be a devil's advocate as well.
Unless Q1 comes out by this Friday, next Monday will be the day to watch. Hopefully a really nice PR will accompany the Q1 report.
Either that or they're really doing the go big or go home with one huge PR. Could be they waiting on something big before releasing everything at once.
Either way accumulation, hold or sell I guess.
Well going by their "official" PR on their website, it seems they release one every month. So we should see one this month as well?
We just have to see if they release one in the next couple of weeks or wait until end of the month. Also, let's see what is in the PR to determine if it's a fluff or not. That will tell us more about their intention.
I wonder if people didn't know about it until they hear the news or CTYX email them. Or people pulling their sell order.
I agree. I'm actually really surprised this thing didn't move at all. Wow. I supposed the N&S is already built into the sp.
Last 2 weeks? I think this dates back to subpenny
I hope it's a big one? Lol
A PR on Friday or next week?
Still nice to have this over. Can't wait for the coming days.
That's probably the held up as there may be another curb out there as well.
This is what I meant by information. This isn't fluff or substantial but does give an indication of where they want to go with the licenses that they have and what they are working on.
Does this help with the SP? No, which is fine but I know what i'm getting here. If after this people continues to sell well i'll take them.
Although I didn't expect them to write something this quickly but it's nice to hear from the new CEO.
Is that confirm or do we believe it because 3f keeps continously posting that his insider has said so. I believe that they do have news but I have no proof and nothing is guaranteed.
Another poster stated that if there's news then Michael will release it. So maybe there is nothing.
What wrong with asking for information if you're an investor? Every investor has the right to know where management is taking the company.
You want to know so you can make your investment wisely. It's not about coddling an investor but making an inform decision.
This isn't one of those quick trade stocks but an investment. There are tons of other tradable stocks in the otc. As retail investor, we don't have the privilege of having some inside information so information is good.
They haven't come out with too much pr have they?
They came out with a PR recently about the addition of the the new CEO, a new CPA and a new staff from NIH? Even though a N&S change hasn't happen yet. Is that substantial? Yes and no.
It didn't help the SP but gives investors confidence in what they're trying to do. So something like this can show us what they're trying to do.
Not every news is substantial. It's not like the company is at a standstill either right?
So what is the company doing right now? Unless they're just waiting for FINRA approval. What about the partnership, they should have one right per their website? Why that partnership and what does it bring for them?
Updates on what they're doing or proceeding with versus staying silent for a few months because they're waiting on FINRA approval?
E.G. the company is pursuing a partnership with ABC who specializes in this blah blah blah. Something like this.
I do think that as an investor, we all have the right to criticize the company. It's always good to make sure we can look at our investment objectively without "falling in love".
As this is still a pink stock, this stock can be easily manipulated. I have been surprised at how well it's been holding. However, this stock will continue to tank without substance from the company.
Few investors maybe able to hold but the company does have a responsibility to keep investors confidence. Does it mean they release news about FINRA? No! Or BS news? No!
But I would like to know about the voucher. Have they apply for the voucher? What are they doing with it. What about the partnership? What's the significance of that. Will this drive up sp? If not, I'm OK with it. It's nice to know the company keep us up to date without holding our hands.
JMHO.