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I agree PJ.
Its just shows you how screwed up our government is.
A ten percent gain is a ten percent gain no matter how you look at it. Enough said.
Yes I want this approved because of my investment. But what does this say about an agency that continues to not do anything outside of their little box that will benefit citizens?
Yes looks good to go. Check the link with post time from google.
www.docguide.com/news/content.nsf/news/ 852571020057CCF6852575D000659346 - 1 hour ago - Similar pages
Good deal.
Imagine that at a five year follow up they show significant gains. If this is not grounds for a reversal then what is?
I know we can not hold our breath but you would think a break in CLL like this would be getting attention all over the place.
I am with you. I believe the MM are trying to cover naked short positions before they are caught in a squeeze.
This would explain no movement on volume. Specifically NITE. Once they have covered we will hit the launch pad hard. JMHO
Thanks for the article Bio.
Yet more doctors backing up Genasense again. I believe funding will come. You could not pry me out of my position.
If things go against shareholders now, this is a blessing.
It gives those that would take legal action against Genta a huge amount of fuel. All they have to do is get the proxy vote.
I am still awaiting a record of 2009 note holders. But have yet to get a response. I am pretty confident you will find some 2008 and 2009 note holders are one in the same.
Nite is not up yet.
Ok the fact that you are posting it as something that it is not. And it gets posted over there in an attempt to pump and dump by presenting it as something other than what it is.
What garbage. So here is some links for everyone. The first two pay attention to what they say about reporters (in French: Rapporteurs).
If you all want more information go to the EMEA.
http://www.thefreelibrary.com/Independent+Data+Monitoring+Board+Recommends+Continuation+to...-a0200094358
http://finance.yahoo.com/news/Independent-Data-Monitoring-bw-15288125.html?.v=3
http://www.emea.europa.eu/htms/human/presub/q26.htm
I am not bashing, just stating the facts to keep people from being confused.
A reporter team is assigned by the respective board to review and report on final data. This is all this guy is telling you.
In terms better for everyone to understand. It is a review team that specializes in a certain area and their other commitments are taken into scheduling account when assigning who will do the review. They assign them this far out to help speed along the review process. It is just an assignment of an investigation team for this specific drug to gather the information needed to make a informed decision.
I personally would not read anymore into it. He stated what they were doing and nothing more nothing less.
Lets not put the cart before the hoarse. We still have a long way to go. Right now financing is the big concern. Assignment of a reporter on the information is just that and only that.
Straight from the EMEA:
The new appointment procedure for Rapporteur/Co-Rapporteur and their assessment teams will be initiated 7 months prior to the Marketing Authorisation Application (MAA) submission intended date, to allow the actual Rapporteur /Co-Rapporteur appointment 6 months prior to the MAA intended
submission date.
June 22nd starting and goes to that Thursday I believe. But it does for sure start on the 22nd.
So anyway I was doing some yard work. And I was thinking about the R/S.
So what is this all about?
LOL
I have read through Delaware corporate law provisions.
The way I understand the Delaware provisions is that they can not do a R/S without a majority vote.
A couple of months ago though you will remember a group of people stating that they can do whatever they want. And this stock made two more subsequent runs. If you noticed those people were supposedly well respected on IHUB. LOL
Anyway sorry for the rant. No according to what I have read they need shareholder majority approval.
Don't worry.
I had to stop reading Fmrick's post after the statement that a R/S will decrease the authorized shares.
Either Fmrick is paid to spread crap or just really does not know anything.
I guess I was saying the same thing. Just not in so many words.
Point was due to the sell date being after a vote on the accelerated notes maybe it is an attempt to block a hostile or certain 2009 note holders forcing them into default.
Just another angle to consider.
Sorry if some view it as blah blah blah. I like to bounce stuff off of others.
Frank,
I am waiting for a response on my request for a list of the 2009 note holders. If they want a R/S. My guess is a good portion are also 2008 note holders.
fmrick,
Just speculating. But maybe someone is already interested. Lets say for the heck of it they are in talks with parties.
Ok they notice a butt load of buying of the stock. So they change the vote date and accelerate the 2008 conversion to block any possible hostile takeover along with the threat of R/S with further dilution.
Just a theory.
Of course it could be them trying to guarantee the vote, among other things too.
Not making this into a big deal here Smitter.
Just trying to be realistic. So how are we going to make it to approval if they stay on the current time line. Remember we will only get another 6 mil. So the only way will be to issue more shares into the open market to raise capital.
I hope you are right. But I am not much of a hoping person.
So I have requested a copy of the list of 2009 note holders. I want to cross reference this to my list for the 2008 note holders.
I believe in this will be the answer as to the accelerated conversion.
That is probably the real case here.
Only one thing that is stupid about that. They might as well go throw fuel on a lawsuit right now. Rigging a R/S vote against certain shareholders, something tells me a court would not look to highly on that.
Smitter I am thinking this is possible. Yes everyone this is speculation sorry.
They have them convert and hold. Why? Suppose they are in talks with someone. However they are worried that if news leaked or the person they are in talks with could just do a hostile takeover.
I know it is reaching.
I will have to look it over again Smitter.
Just off of what you put out only two things come to mind:
1. They do not want the PPS to tank on them.
2. They had the note holders convert and hold due to the fact that they are afraid of hostile takeover.
Anyone else?
"shut ur screens on gnta....there will be no pr today...we r in a huge n/s situation that needs to get completed so the mm's will basically stress u out all day...good to go monday!
enjoy ur day & do something fun or catch up on chores...this day will bore & frustrate u to death u may even sell & help them out..gone for a nice 18 holes..seeya!"
Your latest Terry update. Hope the followers did not lose to much sleep. Another prediction hits the dust.
Would agree, that could be the case.
If we are correct on the buy and sells ratio it is without a doubt being manipulated to some degree. Which makes me believe that there is some money to be made here. Time will tell.
JMHO
I think it is a very good chance that this could be going on.
If you think about it just like this guy said your targets are companies easy to spread rumors on.
Now we have seen days with more buying than selling and our price goes down. Why?
I am thinking either someone is selling naked short or they are manipulating the price down trying to cover naked shorts. If they are covering I think they are nervous they could get blown out of the water at anytime due to a new financing announcement. JMHO I could be wrong.
But even with dilution if the buying is heavier than the selling the price should come up. Simple supply and demand.
I think the only way to really put pressure on is for shareholders to request stock certificates. But that would only work temporarily if someone was trying to push them to BK by naked shorting.
Best explanation I have ever seen in this presentation.
Good link someone posted at yahoo.
http://www.businessjive.com/
LOL that is good. If he had inside info. he would not be blabbing about it anywhere on the internet that is for sure.
He has just done his PR research and plays into the pump. Hey some people will believe anything though.
And if a partner or buyout happens like most who are speculating think, then wait for the zombie cult following. LOL
I would be very happy to see .10
I believe that can happen with a partnership, buyout higher. Looking to exit at a good price not lunch money flip on this one. Then get back in around approval time.
Example of how to guess PR's.
We have two drugs at ASCO presenting at different times and days.
So I could be safe to say we will have two PR's at ASCO. Second he has never been right on any specifics on any PR.
You guys better listen he has inside information. Does that sound like inside information to everyone? LOL
Yeah, along with a couple other people in the US buying a couple shares. LOL
Latest PR for you Terryites.
"Re: Terry, when is the news coming? 12 minutes ago
as soon as u sell we will go up!....we have players that just got word and want in but will not pay up so the mm was told to get it down to their buyin lvl ...hold tight the end is near!!"
The forecast is for rain one of these days people. Just hang tight. LOL
LOL Big load up happening at .01
Are you kidding me?
Anyone with half a brain could have said we will see two big PR's come out of ASCO.
They were presenting two drugs and they are not going to present crappy results.
Yes, right now it is buying season and this is why?
Due to a market downturn we have a lot of struggling business lately. Due to economic conditions a bunch of this companies are on discount. Just like any investor, big pharma companies try to buy at discount. Problem is even though it might not be what management wants it is a bunch better than doing a PIPE for another 6 million.
Problem is management needs to think long term and bigger than just this one drug.
If they are, they already realize that the PIPE financing is not an option. What is going to happen if they run in to any kind of speed bump? Yes they have survived this long. But the current world economic conditions are not in their favor.
The management continues to plan stuff last minute, which gives me the impression of disorganization. They have played this last minute planning game for years and just like people with their personal finances if they keep it up it will bite them in the rear end. And this is what I believe Bio was referring to when he was talking about asking around. It tends to make potential partners and investors of big substance gun shy of the company.
JMHO
This is what I am afraid of John. If he is holding off playing games, which I agree I believe he is.
The problem he will run into is it seems to be bargain buying season right now. The companies that can afford it have more than likely put together hit lists of who they want to buy and who they want to partner with. They are not going to wait on someone playing games, they will just move right down the list to get the next best option. They themselves are smart enough to not be left out of the buying they can get in on now before competitors pic up as many companies as possible.
If he is doing this and is not careful, Genta could be left without a dancing partner. That is what I am afraid of happening.
I hear you. I do not know about that. It has been my suspicions that investors and companies are a little gun shy of Genta due to management.
My personal plan is to still hang on to my position and if I do not hear anything before the R/S I will dump it. I will buy back in later this year around September if things look promising, not a pray and wait type.
Either way I believe this is not just a dilution issue. I think that there is a big lack of confidence in this companies management and that was their own doing. Its going to take some serious work on their parts to prove themselves to companies looking to buy or partner.
JMHO
We will have to see on some of those.
If you look back more he keeps pushing his predictions.
If you go to yahoo he told people over there .03 by last friday and .05 by tuesday.
Just saying, he is no insider (in the know) that is and has been pretty obvious.
No worries I am just having a laugh at Terry.
Where did Terry go? Looks like he missed another call. Sorry believers, must not be an insider.