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We should hear something IN THE VERY NEAR FUTURE lol. They just keep putting out PRs about all these new imminent ventures/products/tests...and then when they don't produce anything they announce some other test/venture/product to distract from it.
Try writing him now and see how long it takes. People change, companies change.
So was this dropoff more short interest??
LOL:
this company sure showed me and all the naysayers, eh?
LMAO. The Dilenschneider group was another solid hire by Dr. B. If I offer to water plants in their office maybe I can get a few hundred thousand shares. Then after I leave to water some other company's plants maybe I can sue them for another half a mil.
I'd be more concerned about them actually producing anything. I don't think any news right now could be considered anything but overdue. Let's see them actually produce a single thing before we talk about 'too soon'
No one knows if the technology even works in the hands of others, there's no verification. The Quest point, while true, is somewhat of a cop-out. This company supposedly has several irons in the fire, none of which are being updated. This is like the Pfizer deal from several years ago that was about to be completed....and then never mentioned again. The SP reflects the performance of the company; shoddy.
But remember....the double blind trial being done for one of the companies products means that HDVY can't publish ANY other information on ANY of the other COUNTLESS fronts that the company claims to be working on. Oh wait...no it doesn't.
It is too bad. I don't blame people for investing here, if you think the company is upstanding, and that they'll follow through on even some of what they talk about, then it'd have been a wise investment. Unfortunately this company seems to be in the end stages of negotiations for dozens of products/services...and then just never mentions them again. I don't really post here any more because there's nothing left to say really. People flamed me when I urged the longs here like TSB/Tryn to sell when this was at .20. Since that point this is down 30%. You don't think Tryn could've used that extra dough? But I'm the bad guy remember...
Wow...what's up with the erosion here?
first it was late 2008...then 2009...then 2010...now September. Keep reaching for the carrot.
It's funny, I've been following the situation of another of ABT's partners, DEPO. Yesterday ABT pulled the rug out on them so to speak. Someone had a quote that I think applies here: "Every company says good things about themselves. But what do their partners say about them?"
I agree! Nice steady accumulation going here.
you know him personally and where he is in life at this point?
holy crap....I saw the words "Merger" as the first word of that post and my heart jumped into my throat. lol
The last thing this company needs is to sell more shares and burn more money on someone
I was speaking more tongue in cheek, but the truth is we don't know the circumstances of him leaving. Maybe this was the best offer he got, and maybe it's a cushy one where he doesn't have to do much
He could have been fired.
whoah...wasn't expecting that
only 5.45? That's within normal fluctuating range here...let's say it drops another 5 as people digest the news that still only brings us to 2.50 or so
Hmmm wonder if that's enough to outweigh the dilution. The market should tell us today
Whooops. How is it the last 5 stocks I've bought have diluted RIGHT after I buy them lol.
Pursuant to this prospectus supplement and the accompanying prospectus, we are offering up to 5,000 shares of our 8% series A redeemable convertible preferred stock and warrants to purchase up to 2,083,333 shares of our common stock to selected institutional investors under a securities purchase agreement dated January 12, 2011, between us and the investors. Each share of preferred stock has a stated value of $1,000 and is convertible into shares of our common stock at an initial conversion price of $2.40 per common share. The preferred stock and warrants will be sold in units, with each unit consisting of one (1) share of preferred stock and a warrant to purchase 416.6666 shares of common stock, at an initial exercise price of $3.25 per whole share of common stock. Each unit will be sold at a negotiated price of $1,000 per unit. Units will not be issued or certificated. The shares of preferred stock and warrants are immediately separable and will be issued separately.
Our common stock is traded on The NASDAQ Capital Market under the symbol "CLSN." On January 12, 2011, the last reported sale price of our common stock on The NASDAQ Capital Market was $2.75 per share. There is no established trading market for our preferred stock or any of the warrants and we do not expect a market to develop. We do not intend to apply for a listing of the preferred stock or any of the warrants on any national securities exchange.
As of December 31, 2010, the aggregate market value of our outstanding common stock held by non-affiliates was approximately $39,483,352, based on 13,331,096 shares of outstanding common stock, of which 343,151 shares are held by non-affiliates, and a per share price of $3.04, based on the closing sale price of our common stock on November 17, 2010. As of the date hereof, we have not sold any securities pursuant to General Instruction I.B.6. of Form S-3 during the prior 12 calendar month period that ends on and includes the date hereof. We have retained Dominick & Dominick LLC to act as the placement agent in connection with this offering. The placement agent is not purchasing or selling any of these securities nor is it required to sell any specific number or dollar amount of securities, but has agreed to use its reasonable best efforts to sell the securities offered by this prospectus supplement.
weee!! 10000% run will get me back to even! Let's go MONA!
sounds good to me lol
Yeah I'm not too worried about the volatility day to day. Just wish I had waited an extra day to pull the trigger :)
The doctor's journey was a well compensated one.
looks like I could've gotten in cheaper!
You know I never thought of that. The CEO is bleeding off so much that the millions we have on hand won't last long lol
What exactly are you asking? I'm still not clear on that?
And I understand what you're saying about paying corporate expenses, but we have also issued options/shares to ppl like Dr. Abitar (sp?) for instance. I'm wondering why this company is sitting on several million dollars.
My point was you're saying that's standard language in a boiler plate and shouldn't be construed one way or another. You're saying I can't use that as a negative as they're diluting our value here. Yet when those shares were issued people were saying it was ok because of the 'using the proceeds' line.
You can't have it both ways.
And for evidence that they're paying people with shares...I mean seriously? You haven't noticed that?
and then they tried to sue IHUB posters LMAO. They're so incompetent though that when they listed posters they were suing they listed me twice haha
In @ 2.75!
hahahahha the dividends were backdated several years to a date when the only holders in the company were the con artists running this gig.
I'll stay here as long as this company keeps diluting shareholder value. As long as that goes on, I'll be here every day mashing on this company. If they turn it around, and actually start performing decently towards people that hold the stock, then I'll acknowledge it, until that day, put me on ignore if you don't like my posts.
if a deal comes to fruition their shares still might not equal what they can bilk out of share holders. Then again you're assuming a deal will come
Remember a lot of this volume is probably shares getting added to the float. Which is probably why the price is in a death-spiral.
Also, the frustrations aren't necessarily just because of A & Q. It's that the company chose these business partners. They chose bad ones who are dragging this out and are wasting the patent window. It's also that they keep issuing shares despite the fact they supposedly have all this cash. Then they keep adding new people to the board who seem to contribute nothing. Then those people leave, sue, and get more shares, at our expense. The result of this? Kudos for Barnhill and 100K dollars even as shareholders see their investment here getting slaughtered. It'd be like someone coming to your house, knocking down a few walls, calling their friends in to rob you, and then expecting you to be happy with how much they've taken from you.
There is no one word. It's the same as 'in the very near future'. Horse feathers.
Exactly. And if this company is sitting on several millions of dollars, why do they have to issue shares to pay for bills? And Barnhill doesn't deserve a dime. He's skimming 10% off the top of this thing which even the most brazen penny-scam CEOs don't do. What's he need 100K more for? He hasn't done anything. Investors haven't gotten a dime for their investment.
Yeah, I was thinking of this article yesterday as a matter of fact. It looks oddly prescient now. Lesson: You can't just pay attention to what makes you feel good about your investment. You have to look at the downsides too
I still can't get over this lol. While share holders have lost 66% of their investment from the high here, there are actually posters talking about how it's a good thing that Barnhill took a 100K bonus. You know what happens at GS, Citi, or any large corporation if their SP dropped 66%? The C level executives would get fired and their homes would probably be burnt down. Meanwhile in HDVY land some investors actually cheer the Dr. getting a bonus while we get railed. But remember, I'm the bad guy.