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wonder who are holding all those shares at this stage?
they don't count for the future of the company at all?
so, basically it is anti-aging and/or rejuvenation application.
Luthertiggs, you described the uncertain situation very well comprehensively. As I stated many times I hope they will be able to come up with good financing plan.
90%?
99.9999% down for me.
Yet, do they disdain shareholders like me probably?
I thought so.
I think they have to cancel that stupid deal immediately.
Take time looking for new source of money, partners and/or investors.
LT, do you know why?
I think it was like the note holders not selling below 0.02 which will be $4 after 200 RS, which is going to be a new ceiling (not floor).
The whole deal should be cancelled.
Hey, $0.02 times 200 is $4, not $2.
By the way, they have been keeping the stock price around/below a penny to justify maximum ratio for the split, which is 1:200.
I thought about adding "and I am not joking," but dropped that idea.
But, seriously ...
LOLOL
You are right, very good that we were finally granted the patent officially and formally.
I give it a value of $1 billion, $4 ~ 5 per share at the moment.
It took 2 years.
I think it was applied in 2014, awarded now.
https://docs.google.com/viewer?url=patentimages.storage.googleapis.com/pdfs/US20140206656.pdf
So, the company doesn't really need to try to develop topical cream type med for psoriasis?
Will be nice to have one, but at this stage the company needs to save time and money by not going through another phase 1 in my humble opinion.
Is anatabine expected to be better than Enbrel in treating psoriasis?
With former VA gov being cleared by the supreme court, I think Jonnie Williams should be, I hope he will be if not already, back as the CEO of the company.
After all, he is the rightful owner of anatabine, both science and business of it.
Hope they have one secured and RS is what the money source demands.
Hope also it is like a private placement at a fixed price.
Best is a partnership, though.
The next financing, do they have it secured or do they have not yet?
Will they come up with one, what did they tell you?
I wonder what the next financing will look like.
Therefore, no RS.
Never seen such an evil management.
NO to RS.
Anyway, they will have to come up with a new financing plan before any vote happens.
My conspiracy theory says unlikely, but hopefully a partner or an investor who believes in anatabine and is willing to take the risk.
I feel that it is like they are handing over the company to a certain group.
"And with our esteemed scientist, reputation and research to date we had no other way to raise money??? Again, something very rotten in Denmark!"
Ditto, LutherTiggs.
is it that either the company is not actively looking for a joint venture partner or no other company is interested in anatabine at all?
it seems to me that the company is only interested in quantitative easing.
I want explanation from Mr. Mullan about this.
Positiveone1, FDA has nothing with patent. Getting patent and getting FDA approval are two totally different things. So, don't even mention FDA any more.
They need to bide their time to find investors who will hold onto the shares, or partners for codevelopment. No need to be in a hurry to fall into a toxic deal, of course unless they want to destroy the stock, yet again.
Reverse split was NOT necessary.
It is NOT necessary now, either.
have to sell?
This toxic financing deal should be investigated.
It almost worked as a perfect Trojan horse.
Whose idea was it?
The management who made a very stupid moronic idiotic toxic financing deal destroyed the stock, or was it a very clever trojan horse??
Here we need new management who knows how to make business deals and financial deals as well.
As for both, the current management is a complete moron and a perfect idiot ending up destroying the stock.
Instead of going to the brokerage institutions for money they should have found business partners and investors, which the current management doesn't know how.
I think nutraceutical business in countries other than America should be considered and tried seriously.
Also, better get JW back probably???
I am not sure about Japan, either, but I think I read somewhere.
The management should put an effort to get a partner in Japan.
Once Japanese patent is awarded, things can speed up there.
Just my wishful thinking.
Because anatabine passed Phase 1 safety test, in Japan doctors can prescribe it.
Am I wrong?
US should change the rule.
Why wait till phase 3 completion?
It is safe and can be used and tested directly with the patients.
unless they do reverse merger with archer, vote r/s down, vote management out and bring jonnie williams back, i suggest and propose.
ignorant people are selling today, then?
can we have jonnie williams back, please?
what about august, september, october ...... debt payments?
Huge blocks are still being dumped intentionally suppressing the stock price, IMO.
no more 0.00001 mantra?