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When is this going to hit rock bottom?..waiting to buy in
Where have I heard that one before...LOL
Look at what this CEO has done..even a PR today couldn't lift this POS up
We could see 100MM traded + flat pricing = Dilution again has bit us.
HEy what's up Newbie??
That's cause he's a Chan Bot like so many on this board
Agree. This PPS is being manipulated by MMs who want cheap shares...no other explanation why the dramatic drop
40% doesn't necessarily mean they can report revenues as their own. When are they going to buy out the remaining option (30%)?
The new PR on July performance was great.
So why isn't this stock zooming up this morning?
Two factors in my mind
1) Dilution risk
2) CEO trust (lack of)
Not sure we will see the kind of growth in PPS unless those two factors can be addressed or mitigated or until the next 10K comes out that validates all projections made
Pattern of high morning trades and low PM trades has been broken today
For it to have value it would also have to gone through clinical trials...I hope they've been doing some of this homework so when they get the patent...it's not another few months/years before any value is realized
Thanks for the info. Phase 1 Trails...could take months if not years to realize any value. The COVID-19 Patent is good news....I just hope they can also communicate (When they get it) how the plan to monetize it.
MFKERS
Certainly suspicious..hope you're right
Didn't know cure for cancer and COVID-19 therapeutics could be so cheap to buy...
Even with a COVID-19 Patent approval...they've got to tell the story in terms of how they plan to monetize that...at the same time they make an announcement. Otherwise, the pps impact won't be as much as people think
As this thing comes up...watch for profit taking and dilutions to bring it back down again. Especially worried about dilution which is what took it from .006 to .002
Again..repeating....
Cure for Cancer
COVD-19 Oral Treatment
Generic Drugs/Vitamins
PPS < $.03
What's wrong with this picture?
Gotta see it to believe it
Assuming you're right...there will be plenty of time for shorters to get back in and still make $$$. even while this stock tanks now.
Someone posted this before..but...
- Cure for cancer
- COVID-19 patent pending
- Generic Drugs and Vitamins
PPS = $.03
What's wrong with this picture?
If true ...$11MM Annualized Revenues by Q4 this year. Assume 3X+ min market cap or let's say $40MM/2BN Shares = $.02 PPS by qtr end.
Will need to see it to believe it.
Hope you're right ..but I just know the value of any treatment will also depend on how many competing treatments already in the market and taking share. The sooner the better here
Unless this company's COVID-19 treatment/cure is already tested and ready to roll soon..they risk missing the boat as other companies are already talking about vaccines being available in Q4 this year
He said he wasn't going to dilute with below market priced shares...and he did. So no. Not everything he said.
50MM Shares and flat as a pancake ...some growth stock this is.
Wishful thinking... before you ever get to $25 or $10, or $5, or even $1...you will get every Tom, Dick and Harry shorter that will drive the price down and MASSIVE profit taking that will do the same.....so to get to those levels will likely take months...we should all be so lucky though to have to climb that staircase with those trying to buy into it.
Where have I heard that one before..ZZZZZZ
Unfortunately it's always about tomorrow with this stock and never today
I'll take $.01 X 2BN shares = $20MM dollar market cap or 5X todays cap
What were the OShares at that time?
There's been large dilutions in the last two months that have dropped pps by 60%+ If you think we are going to $.10, it's going to mean a lot higher market cap than before because Oshares are also much higher
2Bn shares X .10 = 200Million company market cap
That would be quite an increase in market cap
That would imply significant increase in revenues/profits in the Oct 10K
Without Budcars controlling interest, how is that going to happen?
If true, then we should have already heard the FDA answer being 60+days out from application submission..don't you think?
Unless the news says something about majority ownership in Budcars, not sure what else would be news at this point that could push the stock up.
They've already mentioned in PRs that LA Hubs are moving forward, they already made projections about Budcar revenue increases in July even though they don't own majority share that we know of
How can SGMD report on Budcars revenues when they are not majority owner. Makes no sense unless you can report those revenues as they were your own in accounting terms..they cannot as far as I know. Will they announce they've exercised their 30%+ increase in Budcars before their next 10K?
Why do they talk about Budcars Topline when they can't report it unless they are a majority owner?
How long do you think before this gets to $.01?
Many that bought thinking of the potential upside are now just looking to survive the massive dilution and exit at some point with small profits or losses...very disappointing.
If you're long on this stock...put your sell order in for $1++ for 60 days to discourage shorters
Nobody expects overnight $1...but how about just finishing green now and then. Seems like after that run on Friday where it went up 63%...it's been downhill ever since.
If tomorrow AM the company announces it's patent has been approved...I think it will positively affect the PPS, but not sure how much at this point given the amount of shorting we've seen
I understand the news thing...what I don't understand is how a stock for a company with 1BN valuation (based on external accounting company valuation) prior to any COVID 19 patent filing...get's to these levels in the first place...still don't understand that