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Great, this POS is going back to the 0.15's. I am copying this to the Yahoo Boards so everybody knows that this message was meant to be posted. If deleted it only proves my point of the bias on this Board. All this noise regarding the conference was just an effort to pump it to the 0.20's so the few that control this stock could sell. Something to think about obviously.
JC was asked specifically in that interview with BIOPUMPREPORTS if results were going to be announced this quarter and he defused the question by going on another tangent. So no, this will not be announced. For every new investor that comes to this stock please read all the PR's. This company is late by almost a year in the announcing. Also there is no need to keep on posting over and over old PR's and quotes from JC interviews. Everyone is aware.
everybody check please. most trades yesterday were "sells". go into the trades tab.
Obviously not too much confidence from investors. There is no way that results will be announced tomorrow. There would have been a pre-run. This guy is going to come up with the same BS and try and buy himself some additional time. The stock pps screams that. Can not ignore it.
Although there is a possibility that JC may announce on the 15th, it would be mayhem to the stock price if he gives hint of an additional delay. If that is the case, be prepared to watch the pps drop to sub-0.12 cent levels as it would further deteriorate management reputation. If he doesn't announce results the chit chat will be basically the same we have been seeing:
"we are working on the data analysis" - all investors already know that
"we are preparing to announce results on a reputable peer review journal" - we already know that
"we are working with the FDA for site determination" - we already know that
"we are working to start working on other cancers" - we already know that
In other words, unless this participation brings the "results data", JC can only repeat what he said in all previous conferences; we anticipate..blah blah, we have been working on our Intellectual Property..blah blah, and everything that WE ALREADY KNOW...so this conference could actually be hurtful if results are not announced.
If one looks at the history of conferences the stock would go up based on anticipation quite a bit, but as each conference showed results were delayed, that pps rise has been less and less each time, to the point that now only 2 days away from it the stock price has only stayed the same...did not even break the 0.20's like at least last time. This aren't just my words...remember that stock price reflects investor confidence ..IMHO.
Out of curiosity, who got stuck holding the bag in this group? Not intend to bash, just an objective observation
Can you provide the date of that article/paragrahph?
I want to know out of curiosity who got stuck holding the bag
Don't ask. But there is an extreme chance results will be announced this Sep 15.
Who got stuck holding the bag? LOL
It is obvious that investors do not care a single bit about all of these conferences and PR gimmick. BMOD had its turns where investors trusted it as a company and results anticipation but it has gotten to old. I am afraid Biomoda has become the "cry wolf" kid on the block. Until results (positive that is) do not actually come, this will remain under T.U.R.D status. If an announcement is not made during this conference, I think that will be the tip of the iceberg and truly upset a lot of investors who would see this as another JC scheme to get more funds under the vague promise of all these 38 cancer types that BMOD could target in the event results are positive. Yeah...I was thinking of all the great stuff I could do if I could fly also....
What the below quote post does is to only confirm that results are delayed. If you read, you will notice that the "runs" were based on results...funny it is happening since January...Read well.
Four times in last 10 months BMOD moved up in anticipation of Phase II results. Phase II results being released any day now.
1) August 1 2009 BMOD runs from .02 to .30
Biomoda Study Will Screen 500 New Mexico Veterans for Lung Cancer
SANTA FE, N.M., Aug. 4, 2009 (GLOBE NEWSWIRE) -- Biomoda, Inc. (OTCBB:BMOD), the New Mexico Department of Veterans Services, and the New Mexico Institute of Mining and Technology (NM Tech) appeared before the State Legislature's Interim Tobacco Settlement Committee to report that 500 New Mexico veterans have committed to participate in a state-funded program for the detection of early-stage lung cancer based on Biomoda's proprietary technology.
2) August 14, 2009 BMOD runs from .15 to .52
10Q Released showing all 500 patients have been enrolled and tested.
The Phase II study is focused on veterans because they are at least 25 percent more likely to develop lung cancer and die from the disease than the general population. As of August 14, 2009, we had recruited more than 500 veterans for the Phase II study and completed screening on 130 individuals. Results will be published at the end of the study period after patient data has been recorded and analyzed. We anticipate the completion of the Phase II study by September 30, 2009.
3) January 2010 BMOD runs from .14 to .35
October PR said FDA submission and Phase II Results by end of January. BMOD ran up in anticipation of end of January results.
4) March 2010 BMOD runs from .19 to .53
Biomoda Awarded Patent Securing Assay Formulation and Use
Tuesday March 2, 2010. People start expecting Phase II results shortly.
Very encouraging indeed!.... This is like the movie groundhog day... Every day, the same posting, ridiculous low volume and the same old news added every other hour or so. Until this company does not report real results instead of bogus propaganda based on a premise investors will not invest.. Quite the opposite actually given the exagerated delay this company is having. I do not discount a possible lawsuit announcement during the first half of sep
This company can obtain patents in Jupiter, Mars, the west Indies, and so on, but: The main point remains: Results are late, investors are wary of the way this whole thing has been handled, and else. I would like to all of you to refer to the One Med Forum interview back in January...it just seems so long ago now that we are entering...Actually I am posting it. Even then, this was already late so even if results are positive, phase iii would probably be delayed for about 2 more years given all timelines have altered and we can not relay on their 10Q's.
http://www.onemedplace.com/blog/archives/3925
Is the examiner report on Sep 07 still?
Amazing news!!! The 10Q says it all!!!!....We are going to fly!!!!! The 30 points why Bmod is a great investment!!!....Oops but what is happening? How come the price of the stock is down? Because in reality, real investors do not care about PR's or "hints" or exclamation marks. They care about results and they care about deadlines. In BMOD case there are none. Lot of fluff...but no substance. And investors, of course show the true "sentiment" in the PPS. You see, "based on" what JC had said in prior interviews BMOD should have been up for an anticipation of news run, however this is halted because all the previous "based on" announcements by JC have shown to be inaccurate and way out of the mark dates. So, investors just don't believe it. The market's attitude toward this company is basically an "I'll believe it when I see it" sentiment. All the other statements are just bogus and built up on a positive premise. I mean, really, tomorrow I could begin advertising that I have already booked tons of tickets to a Jupiter roundtrip that would take 7 days. I could begin selling tickets all across the world as people would be interested and LOI's and everything else. Shoot!! what a huge market...I am already counting all the money I am going to be making...insane!! Oops but I forgot something. First I have to demonstrate I have the aircraft to carry on such mission. Alright, so until then all bets are off. It is the same case with BMOD. The entire world is its market and I am sure it will make plenty, but first needs to prove its product and respect the SEC rules and its shareholders.
Does anyone think tomorrow we may break the 0.25 barrier?
Old news..Has been posted at least 999 times...I don't see results being posted in August. Someone call Maria and prove me different.
Spoke to Maria Zannes. After numerous tries she finally returned the phone call and I must say I was not surprised at all. She sounded extremely nervous when I mentioned that this companies promises are being followed carefully by a group of large shareholders. She kept on saying that they are still "working" on the data and that she was not allowed to discuss the details of the study but that the information will be available when available. Usually one wants to gauge for honesty and candid replies. There is no way that this will be completed in August. She seemed even more nervous when I mentioned that in previous PR's they said that the results were being analyzed the moment the patient would provide the sample. In other words if you needed for example 100 patients to complete the study, and you are evaluating as you go, then technically the data should not take upon the last patient would finalize. A lot of gray areas, and Mrs. Zannes responses were not up to par. I wonder if they are working to secure some additional funds or strike a deal with some other cancer prior to let investors know what is REALLY going on there. The good thing is that I am in California and have to drive back to Miami in a week. Albuquerque is on my way, I may as well stop and do some probing in person.
This run was an amazing pump. I must admit it was genius...somebody who knew somebody that knows somebody who posted in some gossip paper that WAMU was not sold and so on and so forth and began all the viral rumor. Beautifully done.
In a perfect world, and assuming that WAMU gets what is fair. In what position would that leave JPM pps wise? What kind of hit do you think JPM would take?
I think tomorrow there may be a sell off
Again, I think this POS will have a trip back to the 0.16's
The only "sure thing" in life is death and taxes. Other than this, the company is doing itself a great diservice by not keeping shareholders informed. Given the timeline provided by the company and being today the 18th it is worrysome not to see momentum based on an anticipation. Either investors have been leaked that this will take a while or what is worse investors have lost total confidence in this company stock. The interesting thing about the 10Q filing is that it actually seems the process may be further delayed if anything. Don't get fooled into thinking that when a life sciences company states "we anticipate great results blah blah" it means it. Legal terms are not meant to soundlike a layman's. This is standard verbiage.
Seems like the pps is being artificially held. It is way too tight and typical of some pending news to either open or shut the doors
Can you post the link from Boston?
We are having a hard time breaking through the 0.20 barrier. Has anyone thought that if the P&A "discovery" would hold such an importance, wouldn't such data be circulating the big media outlets?
Tool what intrinsic benefit could the extension of the date have? And what kind of interpretations could derive from it? Can this be extended time after time?
@popcorn202. Got it. As I had previously stated, I am not too familiarized with the situation as most of you. However, I am evaluating it from the government / FDIC perspective and the implications a positive ruling could have in the economy and current financial chaos. I am not putting up for debate the obvious deal of a lifetime orchestrated by JP Morgan and having the FDIC as a co-conspirator. What I am suggesting is the hypothesis that what if the government is so corrupt that may do whatever it takes to stand behind the FDIC's decision. Remember that admision of guilt would implicate everything they did was wrong in retroactive. It could be an argument to be had by many other banks that would line up to the same parade. The short of this is can we trust the government and the fdic to play a fair game in this legal quarrel?
I don't know about that. It is way too close to 08-30 and this info would have already leaked, at least with the big boys thus the pps would ve been higher by now. It is an interesting hypothesis though, and given the circumstances anything could happen.
Let's put ourselves for a minute in the position of the FDIC and the government for a minute. What could the best possible outcome be in terms of keeping everything low profile and too much bad press. It is not only the dealing with WAMU, it is also the dealing with JPM Chase. How could this ultimately affect JPM Chase and the millions of borrowers struggling with mortgage modifications and else. Should the FDIC rule in favor of WAMU while at the same time placing JPM in a precarious condition that could ultimately lead to the failure of all other efforts to save the economomy from collapsing even further and affect millions of people depending on these modifications and financial strenght of a banking institution? What if this ruling brings other bank holding companies looking for a similar outcome? I think that in order to rationalize this, is best to put yourself in the FDIC position rather than being in the WAMU corner. Could all of these favorable events ( naming of investigator, full autonomy to subpoena ) be only a smoking mirror to say "oh well, we tried" All these big banks are hanging from a thread, being profitable only artificially by negotiating modifications with a 40 year balloon clause. It is not that the problems have been solved, seems like the workout is just to defer the problem..but whatever it is, being that at the time the seizing of WAMU caused tremendous fears in the financial markets and led to financial chaos, the same could happen if the FDIC would have to retract itself from its premature decision. I don't know, but it certainly fertilizes the soil on what tons of speculation could be made and profit from of course.
But...if they modify it in order to "look like the good guys", the effect could be also as admision of guilt. That statement could go a long way. Why would you make such modification?. Exactly..to look like the good guys...But why would you want to look like the good guys? Because it is imminent that otherwise, you could end up being the "bad guys" which usually is tied to admision of wrong doing so we better cover up before it gets any bigger. This is going to be played like a game of chess. Whoever makes the first mistake will lose.
My point exactly. Will the law be exercised based on the fundamentals of principle and justice? or will it be sacrificed under the veil of a greater good. What could the cost be in the long run? Could a positive ruling interfere with existing policies in effect with banks? What other banks could come forward and utilize the same argument? This could become a nightmare for the government and the FDIC.
I am not well familiarized with the entire situation,but I would like to discuss the possible political consequences of a large magnitude ruling in favor of equity. To misprice a bank and its assets amidst financial chaos is one thing, but to be a co conspirator to bring down and negotiate a bargain in favor of another financial institution namely JP Morgan is a different story. A positive ruling can have a domino effect in the public perception of it's federal agencies. I think that these factors will be evaluated to determine whether to give back to the shareholders or not to give back anything and continue with the lie in the name of preservation of the larger scheme of things status quo. Anybody has thought about this? Now, if ruled in favor what would be An acceptable number to stockholders to reach a settlement? What could the pps be if a fair game is played which is unlikely but hypothetically speaking and in sake of an intelligent debate
LOL.... I am sure if JC would be reading this, he would have no option but to crack up. This guy knows he is making the salary and the longer he delays it the better. Like previously states there is no reason why this should take so long. It would contradict all previous PR's where it is stated that everything else was completed so when data hits it would be ready. Something is not right here. Obviously JC knew this would take long, for whatever reasons, intentions he may have and that is why he said 2 months in that bang brothers interview with corporate profile. I am willing to provide a conference in number so we can all call bmod and ask questions... Usually when something good is about to happen the stock would be rising... But don't u find it a little odd that this stock with technically any minute now results is still trading this low... I would want to probe this further.
RacknRicky you crack me up...seems like everytime you enter a positon the stock goes down...lol..have you actually EVER made money? How are you doing with BMOD?
I figured I would go ahead and post. With Rain being on vacation and myself being reluctant to keep on the rant, this forum becomes lifeless. I think BMOD did not expect having to deal with a sub-group of data and it may be interfering with its posting of the results. We are already breaking into the second half of the months and the company has not said anything. It is worrysome, analyzing this data should not have taken this long. If this would be a company with a number of formulas in its pipeline, well then you have some hedge, but BMOD's only lifeline is Cypath. They can easily come up with less than perfect results but say "hey is not a big deal, all we need to do is separate the cancerous from the pre-cancerous and everything will be fine" The only problem with that is that such event could take an entire year, not too mention that it would drive the price to the floor. Could be rewarding but also scary...matter of fact I should call them right now.
What is importantis the fact that we are all together in this, and despite this initial reaction I know that I will be able to count on you on this co joint effort to ensure that BMOD operates with exemplary corporate governance. I'm giving you guys until the end of August to report results or I will have no choice but to move forward. Rain you told all of us July back at the end of may. In the end some legal shake up will teach BMOD to abide by SEC rules and to think twice next time they hurry in their projections.
Thank you all for your undivided support.
Of one ? Let me break it for you the short way, 8 significant shareholders is more like it. It is up to you whether you want to participate or not but I am sure despite all the kicking and stomping you will all see the benefit of it, including Rain. Of course you have to read the document first. So far there is cause and grounds for action. As shareholders we must insure that there is transparency at all levels.
Ruezim thank you in advance for your undivided support.
In the best case scenario, no investor would want to get in the middle of a legal battle, however public companies have a duty to investors to post updates and to not to make statements that would differ significantly from anticipated timelines. This is not a matter of leaking news, it is an issue of timing. There is nothing wrong for a trial completion expectancy of 1 or 2 years, but there is certainly misleading to say it will take 2 or 3 months when in fact is known it could take significantly longer. This is material information and ivestors make their decisions upon that. If some investors feel confortable with missing deadlines, dilution and handling blank checks to a company without questions, hey good for them. But last time I checked, this is the stock market, where you have to abide by the SEC regulations. Someone said in an earlier post that the PPS would have to rise before Aug 06 otherwise it would be very expensive for BMOD..guess what, it didn't and of course at the expense of the stockholders. So by end of August I will provide you all with a document to initiate a class action suit and I expect all of you to join in. Perhaps this will put some pressure on J.C's head who apparently is more concerned with giving out Silicone Dream interviews...