Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
New equity offering announced number of shares and warrants not yet finalized.They are getting a lot of money into the co.
1.recent debt conversion for shares
2. Tillary investment of $1.6M
3. Warrant exercise for $1M plus
4. Newly announced equity offering
Any thoughts of when this company will make money.
What does this mean to the share price? Any thoughts?
Looks like we got some more money with the exercise of warrants at $.46. For $1.6M with the issuance of 2.6 Million shares.
A lot of money coming into the company with
These share issuances.
This will account for the high volume and the downward movement in the pps.
Previously I tried to buy more at $.22 for days and couldn't get it. and shows that nobody is selling this one like others where the MMs play their games by shorting
This company has not yet made any money except for one drug.
Everything else had been a work in progress.
They were supposed to be realizing revenues but
more delays.
They have issued convertibles .to raise funds
Now they are diluting for more shares. for the Tillary deal in which they were buying but now things seem to be going in reverse and they are selling . How far is the question .This is a thinly traded stock and they could kill this if the shooters start playing games
This is the quiet before the storm.
1. PTAB ruling overturned and has to go on guidance of the CAFC,discovery ,and collateral estoppel.
2. Bungi'es position in jeopardy due to lack of discovery despite their connections with AtVI.
3.WDDD 's lawyers are the best in this kind of
Cases and on contingency.
4. WDDD had about $1Million cash on the books not including their 4 Million shares of MRMD that is at $4.00 plus per share that brings the book value of WDDD shares over $.32 per share
5. Thus far no contingencies reflected
On the books of bungie or atvi for the potential treble damages.
6. There is the possibility of applying and getting back the patents that they lost in addition to the 6 patents validated that survived the PTAB .
With additional new cases such as WIFI and
Michelle LEE gone at the PTAB there is a new sheriff in town.
Bungie and ATVI are running out of runway
and as each day passes the damages get bigger and bigger.
Somebody is going to have to blink first and it will not be WDDD after all of the time and
money that has been expended on WDDDs part and their lawyers.
What is going on here with the heavy volume.
Thank you for your comments on plx and geron.
Iam still holding both and sold part of my position in geronimo that had bullish signs and then went south on jnj decision
Thank you for your insight and understanding
To the results that C C Abotts article bashed.
that caused the sell off.
When the price went down to $.56 and then came back to $.71 on a red day and CC Abbots hit piece Ready for the $.80 s next week
I have found that Israeli stocks don't get much
Market respect or recognition and follow through .
As Rodney Dangerfield once said " I was so ugly the cat buried me in the sandbox"
This company already has a successful drug
Sold to Pfizer an what they retained for sales in Brazil has been spotty but nevertheless somewhat steady at a low volume.
With recent somewhat positive results "Do you think this stock is ugly " after running up from the mid forties.
C.C.Abotts hit piece gave some pause after reversing from previous articles perhaps to stop and reload.
Looks like news anticipated doesn't seem info has been there to create any momo but better than the mid forties where it was before.
Does anyone know whatever happened to their son off to shareholders and when it will occur or has ocurred?
When are they supposed to release this last quarters earning?
Anybody have idea of how m it changes they will report.
Various revenue streams starting here
Deferred revenue and cash settlement
Accretive revenue from recent 3 stores
Walmart com and Amazon revenues..
Other distribution channels ie. Europe and etc.
Sounds like Results from sicker MF patients and shorter analysis timespan turned JJ off on the drug.
The phase 2 trials are still ongoing and further results will be listed at ASH
Company now has total control of a phase 2 drug to go to phase 3 design.
They will continue to go to phase 3 but with opinions from others
They will be speaking to new partners ex us and etc
Which and when do you think will come first another
announcement for CVS or Target or Quartetly earnings?
Looks like it is holding Clay's support at $.65 today
Anyone comment on any new catalysts
Yes it dipped below $1 running to close over $1 today
What type of news are you expecting?
Yes Ithink we were to get some news from Merck on pancreatic cancer.
Anyone know of any near term catalysts?
The company can offer up to $100M of new stock ,warrants and etc to help fund their development costs with Tillary.
Tillary is funding 80 percent of the developments and igxt the balance. Of 20 percent.
At this point it is unknown how much these development costs will be.
I would assume the shareholders of the previous two stock offerings sold their shares
Check LinkedIn. He is a an author and trial lawyer for over 10 years and a Boy Scout leader.
I think cxrxd a UK generic drug company
Went thru CAA. The shareholders got a 35 percent of the company,with the losses and the
Debt reduced by hundreds of millions with almost $350 M in cash.
Mgt remained and the ticker was changed Ithink the old ticker had as the Q .
The company was called Concordia
Quebec Inc. bid covered asset purchases to step up the basis of assets they are buying for tax purposes.
All secured creditors are paid except the unsecured that got cleared and canceled
and now have a clean slate.
Meanwhile the old share structure remains
that has the patents and NOLS that is owned 100 percent by Bioamber Inc.
I. think there may have been a partial guarantee of some of the assets of the subsidiaries that had to be cleared and cancelled and allocated to Bioamber Inc.
In this way the old structure is cleared of any indebtedness .
I expect to see a public tender offer for our shares from Quebec Inc. otherwise they will lose the NOLS .
This stock is like playing three card monte
I still don't know if there is a pea under any of the CD ards.
We bet and put up our money and the stock
Keeps on having all of these negative events ,comments and developments that brings the stock dow an each time.
The MMs have painted the close in the red for over a month to shake the tree.
This investor saga here will be an unforgettable one for bulls and bears alike.
Does that translate to approx $.10 per share?
I think in light of any objections the second bidder characterized this as a liquidation in response to some of the bids response in Enos press release. Somewhere some one had inside info because the stock was at $.08 and even before it open it opened way down.
With Eno and his group out of the way there was less chance for lesks.
So I think the second bidder came in with a low ball liquidating bid
Now Iam sure there have been complaints and now with tgese PWC reports and a copy of the redacted offer gives hints and a ballpark for another offensive by the second bidder to make a higher bid
I think that you may have a point there that the 2nd bidder may have complaints and that is the reason for the delay and the reason for the sealed bid. In this case the second bidder would
Be told put up or shut up and come in with your highest bid.
The gavel goes down and JUDGE SAYS SOLD TO THE HIGHEST BIDDER!
Yes that is very abnormal volume as this has always been around $ 70. Maybe an announce mb ent coming that will increase the pps. It's been as long time and they need to earn some money.Any news on the results on their phase for montekust
I wonder whether the second bidder that is pushed is waiting on the sidelines for the offer to be announced will file suit and make a larger bid
to add to themis story.
I don't know what rights the second bidder would have to do this,
Like Eno misled them and etc.
Does anyone have any past cases or insight on this.l
Thom can get a loan against his mrmd stock for 50 percent of the market value but would then have to pay interest at Libor plus
Yes mrmd is at $2.92 today and going higher
Yes I bought ptgef over a year ago for $.13 per share and got 400 shares of bvn at $26 per share in a tax free dividend..It is now $36.
Thom has always said that if he wins this case
He will do a dividend.
Depending upon how many shares he has left of the over 4 Million shares of mrmd he could do that very easily.
With the legalization of cannabis in many states
the only direction for mrmd stock is up.
See the recent investment into Canopy stock of over a Billion $. Into this sector in which there will be further growth and consolidation.
I wonder if any of our shareholders in Canada
will be in the courtroom today to hear what the offer under seal is or whether we will be in suspense till October.
His salary was $500 k per year not including his other bebefits.
Yes Iagree Ialso compared the two amounts and came to the same conclusion
I totally agree and have been saying this all along.
Is there going to be in court tomorrow to give us some news.
They owed over $1M to Bioambe Inc.
Its lunch time it always go down at lunch time.
All of the assets will be getting a stepped up basis and there increased depreciation for tax purposes. and therefore increased tax deductions tons for tax purposes
The assets on Bioambers books are on a cost basis
Therefore if any of the assets appreciated considerably it would not be reflected
For example the 25 percent impairment charge on the plant because it was operating at 30 percent capacity and not 100 percent capacity
When the wvskuated it for fair market value purposes including scrap value that would bring the average of the CD value down.