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Ctix is now worth less than $200 mil. $1500 mil buyout represent a 7.5x gain , not enough ??
What about selling the whole company and call it a day?
$1.5b acquisition offer after a Prurisol 2B completion, possible??
That is a "Net Present Value" (NPV). That value does not necessarily equal to future share price of $4.82. It's just serving as a guidance or yardstick as to whether this stock is worth buying or not when compared to the current share price.
That's a very bleak analysis
Curriculum Vitae
What CV?
What mistake did Leo make? What's wrong with his comments???
If it's a "useless fact", why Finra keeps publishing those data on their site?
I don't dare.
Oracle of iHub
You're probably the smartest and greatest investor since Warren Buffet.
I'm going to follow you by now.
Please complete your post then. I really want to see what you intend to say, thanks
Your post is incomplete?
I personally believe the main reason
What do you mean by "6th one in"?
how are they going to sell a partner on "6th one in" on psoriasis?
Good luck to those who are selling.
You sounds unhappy.
Full time employee
what do you think? I felt curious as well about the slides and the 8k filing on the slides.
Connect the dots - all you nay sayers.
We'll have to wait for the upcoming corporate update .
In the mean time, there's this financial time bomb ticking in the Euro zone. German's biggest bank, Deutsche Bank is now being compared to Lehman Bros. The bank is holding trillions of derivatives that are waiting to detonate. I just hope CTIX better move forward quickly here before another "2008-like" great recession coming .
http://www.zerohedge.com/news/2016-07-04/meanwhile-most-systemically-dangerous-bank-world
Well, you still gotta invest your money somewhere. Don't tell me you put your money under the pillow.
It was a sarcastic post.
Leo should work for free.
Leo is just merely responding to e-mails from individual investors. You can send him e-mail if you want .
He is man of few words - does not send e-mails to individual investors to create confusion and mixed signals.
Lol, glad I'm not the only 'bad reader' here.
Sorry, my bad. Read too quick on my mobile phone.
Wow, so Leo has changed his mind about reverse split???
Edited:-
Sigh. Could you at least listen to the LD Micro audio presentation that was posted at Cellceutix website last week? Leo mentioned about B-UP at around minute 10:00.
here's the link to the audio presentation:-
http://cellceutix.com/wp-content/uploads/2014/06/LDMICRO2016-3.m4a
Why $12.59?
Such an odd number.
These ppl are farking crooks!
Of the 60 cases presented on The Rosen Law Firm website under the "Recent Successes" tab, Rosen utilized Sections 10b and 20(a) of the 1934 Securities Exchange Act no less than 40 times and raked in settlements in excess of $179 million for the 60 cases listed on their website.
Yah, I still can read that darn piece (furthermore it was labelled as an "Editor's Pick" / "Must Read"!):-
http://seekingalpha.com/article/3406365-cellceutix-empty-office-unviable-science-misleading-disclosures-96-percent-downside
PS: I don't have a Pro account
Ok.
I just scrolled down some old posts and realized another poster already posted similar link earlier.
Maybe we need to move on from this dark episode already.
Kim/Rosen still needs to earn a living from this "biotech litigation" biz model, ya' know. *sarcasm*
Not sure if anyone has posted this here already but somebody posted the whole dismissal document in another chat board:-
https://www.dropbox.com/s/r2wixsx3428q2s8/CTIX%20dimissal.pdf?dl=0
Go read the PR again before ranting. It's a Phase 1b/2.
Do you mind disclosing what is your former company?
I had previously mentioned in one of my posts my former company raised $55M to start our PhaseIII trial for ABSSCI with both an IV and oral arm, and was met with harsh criticism and doubters saying $25M is sufficient.
The management is waiting for the SPA agreement to be sealed for the B-ABSSSI P3 worldwide trials, although I kinda agree on the cost of trials and also source of funding for those trials.
The management is trying to get the SPA agreement with FDA before they can proceed with the trial. The SPA discussion just happened last April , so please give them some time .
Not enough , yes??