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Reposting the info below since its crucial. High risk = high reward, and I personally feel the potential reward outweighs the risk here...
(From tradinginbama 7/21 stickied post)
F. DermaStar and Ladonnikov are Prepared to Negotiate and Fund a Plan of Reorganization with the Debtor.
In contrast to the Sale Motion, which strips the estate of any upside of the successful commercialization of its product and yet subjects the estate to considerable risk, DermaStar and Ladonnikov (collectively, the “Plan Sponsors”) are prepared to negotiate and, if an agreement can be reached, fund a plan of reorganization which will allow the Debtor’s creditors and shareholders to realize immediate and future dividends. In short, the Plan Sponsors are prepared to provide immediate funds to pay administrative expenses and a portion of the Debtor’s unsecured claims on confirmation; sufficient operating capital to complete the second Phase 3 trial; an experienced board and management team to oversee the final Phase 3 trial and, if approved, bring the product to market; and a commitment to bring the product to market. The Plan Sponsors, which include the Debtor’s largest unsecured creditor, believe that a plan of reorganization will yield a greater recovery for the Debtor’s creditors and shareholders without the additional risk of significant losses from Cardium’s business lines with significant historical losses.
MMs rule until TDLPQ gets volume. Is the common belief that they will announce a decision tomorrow?
Based on your research...8 years? Not a bad gamble then. Thanks for the info!
Just trying to have some fun on a mostly dead board. Really, I guess it depends on what you're looking for in a stock. At this point UWRL is a good lotto play - if/when the lawsuit is resolved, should be a double from here - if/when a new merger is announced, could be a triple. If/when some stock groups get on board, could blast off to .003 levels again. But hey, nobody knows for sure and that's why we're all playing these stocks right?...cause we like to live dangerously? :)
U
Will
Regret
Leaving
Thanks for the link. Ironically, I just happened to scroll down the iHub page and noticed a banner add at the bottom for Office Depot Conference Calling. Links to the same page.
http://www.officedepot.forconferencing.com/?gclid=CPGZ5um2nagCFYRa7Aod_T-wIQ
So, they advertise on INVESTORS Hub but dont do a press release? Just funny.
NOTICE: You have exceeded your maximum allowable uses of "LOL" on this board.
Remember this?... Deloitte 2010 Technology Fast 500 Rankings - Telanetix Ranked 8th of 500.
Holding .04 range well - some positive news could move this. Where's the Office Depot deal?
Honestly, if they play this right UWRL could do a major bounce from this level - announce that the lawsuit is taken care of and mergers are active and you've got a good story that will draw some players.
LF is an interesting play...you're right about the timing being tough right now. Anybody know when they're due to release financials?
Trying to understand your post. You said the last week's volume was a 'paltry' $100k. Then later you said this is the same trick a mutual fund will do by creating a 'large volume buying flurry' to break out a stock. So, since you don't think we've had a lot of volume, are you suggesting we are JUST starting the buying flurry and 'large volume' is about to come in? That's great! Looks like you think there are good things ahead for XCHO!
Bids stacking at .0022 - seems to be today's floor.
MMG likes to release bad news...shake em out...then release good news. Good time to load.
Something about to hit?....been waiting on news for a while with this one.
CE removed after hours - nice! Let's mooove.
Someone compared this to ETLS - I agree, looks similar. I bought ETLS at .0013 as volume stair stepped up each day then eventually sold at .0095. This one could make a similar run with some news.
This one likes to move fast...doesn't take much to move it (as shown today). A little more volume and interest and could 'multi-bag' quickly.
Halle-frickin-luia...the new store site actually looks good.
Not huge buys, but always nice to see. I think this stock has great potential as well, but we're all just waiting for the spark to garner more investor interest. Its obviously undervalued, we all know that - hopefully it starts showing its actual value in PPS, not just on the books. As for selling...some folks are getting tired of waiting for this to move and are getting out - nothing notable there - perhaps some will be back once we start a run.
What's up with this stock? It seems like they have released some nice news over the past couple weeks yet pps is dropping. Looking more legit here to me than most pennies....bargain prices or what?
I've been bidding 0001s since this morning - no fill and haven't seen my bid on L2 - anybody with similar experience?
Geodan, I see your point...but have to agree with Cobraman as well. Are there truly NO developments XCHO can share with investors? Lack of any updates (besides the standard quarterlies) leave holders AND potential investors with little confidence that this is moving anywhere - coupled with a falling PPS and its no wonder we're not attracting much volume. Hear me out...I think this company has great potential, but some updates from the company to back up that sentiment would be nice.
(No relation to the security outfit (?) - not familiar with that)
I wasn't aware that they haven't been able to get the spray into Walgreens. If this is true (that the spray is being stocked) why on earth wouldn't they PR it? This stock is suffering. Any decent news would be welcome.
1 mississippi, 2 mississippi, 3 mississippi...
PR BLITZ
Just saw that website update as well...nice to have a specific date instead of ambiguous 'soon' language. Let's hope there are no more delays.
Just a tiny little bit of life now.
Oh so quiet in WTCG land. Looks like someone was checking today to see if this stock still traded at all :)
Looks like word has been out since the 1st?... Explain.
Sitting at .0001.
No news besides "something could be happening behind the scenes possibly but don't hold us to it".
All that's left is to change the ticker symbol to TURD and we'll be all set.
alex, what was your prediction again? .0015 next week?
Delays are a part of business, but lack of communication doesn't have to be. Would be nice to simply hear some realistic expectation on when the launch will take place. Then again, there aren't many pinks out there that do ever communicate clearly - most of them like to keep information ambiguous.
Post Unavailable
Additional Information
I heard that rumors can sometimes move a stock substantially.
I also heard that Dutchboy has a new paint with 'special technology'...
;)
Taken from that article...
"Some of its domestic products can be found under store-brand labels at Kinney Drugs, Price Chopper, CVS, Rite Aid, Walgreens and Walmart"
Very nice. They should just release a PR with that statement in big bold letters. :)
I'm looking for .0003. Wonder when we'll get back there? Not being a smart-aleck...being honest.
Higher than average volume today - nothing huge, but notable. Would be nice to see some sort of good news from this company to really get it moving.
Insider purchase:
11/16/10
Davis, Steven James - Director
190,000 shares
Price: 0.050
Value: $9.4 K
Nothing big, but thought I'd post it anyway.
Decent volume today...let's hope it continues to grow tomorrow.
Nearly 1 Billion in volume on Friday....wow! Looking forward to Monday - imagine we'll churn through those 0003s pretty quickly.
We have had some very nice high gain days - a moderate pullback is expected. Hopefully we see this as the start of an overall trend reversal for TNXI as more positive news and financials get released. As with any stock, PPS obviously speaks louder than 'hope' so lets get this PPS get back up there where it belongs.