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Best case scenario. She accomplished her task and moved to making money for another company. Cements her value. Why stay if the hurdles were all aligned positively.
Just an alternate possibility.
Yes, the broker-dealer submits after reviewing certain company information. To this point, no broker-dealer has submitted, maybe been willing, to file that submission.The information is company supplied to the broker-dealer by EGYF and yes the broker-dealer submits. There has been a roadblock of some sort for a long time, of which is not public knowledge that I am aware of or can find.
It seems, no broker-dealer has submitted. It is unknown what the reason is. From previous company news EGYF has been talking about that submittal for well over a year. There have been consistent Q filings previously and an annual in 2024 and still no 15c2-11.
If EGYF is going to be a "real" company and not just a pump and dump vehicle a 15c2-11 is important. Otherwise this stock will be a roulette wheel subject to manipulation.
Enjoy the holiday weekend.
Additional 15c2-11 info.
Form 211:
In cases where a broker-dealer initiates or resumes publishing quotations for an OTC security, it must file Form 211 with FINRA (the Financial Industry Regulatory Authority).
Tiered System:
OTC Markets Group, which operates the OTCQX, OTCQB, and Pink tiers, uses Rule 15c2-11 to determine which companies are eligible for quotation on their markets.
Expert Market:
The rule has also led to the creation of the Expert Market, which provides a venue for trading securities that may not meet the requirements for quotation on other OTC tiers.
My point is and has been is that the 15c2-11 is needed for EGYF to get off this current "unsolicited quotes only" which will eliminate the yield sign and allow for full pink sheet trading, while giving opportunity for the upper tiers. EGYF IMO is going nowhere without the 15c2-11 filing. Sure some trade the Expert Market and yield sign stocks, however a legit growing company is in 15c2-11 compliance.
Yes it is pink limited.
An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.
Meaning IMO that the current quotes we see can become discontinuous or even eliminated if the MM currently posting the quote decides to stop. See the second of the 2 warnings.
https://investorshub.advfn.com/uimage/uploads/2025/7/3/xmpdlScreen_Shot_2025-07-03_at_11.58.29_AM.png
I disagree for this reason. Without a 15c2-11 the trading will continue on an "unsolicited quotes only" basis.
Without a 15c2-11 EGYF will continue on the "Expert Market" not with full OTC Market trading ability.
"In the Over-the-Counter (OTC) market, "unsolicited quotes only" generally refers to securities in the Expert Market tier, where trading is limited and subject to specific restrictions due to insufficient company disclosure or compliance issues.
Here's what it means in detail:
Limited Access: Only broker-dealers, institutions, and other sophisticated investors can view and trade these securities. Retail investors typically cannot access this market.
Broker-Dealer Initiative: Broker-dealers can publish unsolicited quotes based on their obligation to fulfill customer limit orders.
Lack of Public Information: These companies often lack or do not comply with regular SEC reporting requirements, leading to less publicly available information.
No Public Trading Market: If a company's stock is moved to the Expert Market, there might not be a publicly accessible trading market for its shares.
Private Transactions: Trading may be limited to private transactions between individual stockholders, leading to illiquidity and a lack of reliable market value.
No Publicly Quoted Prices: Trading bid and ask prices and share trading volumes are generally not publicly quoted.
Compliance with Rule 15c2-11: The designation is related to SEC Rule 15c2-11, which requires certain disclosure information to be publicly available for broker-dealers to quote a security. Companies that don't meet these requirements may be moved to a tier with unsolicited quotes only. "
At least for now EGYF has publicaly quoted pricing and trades through a broker dealer.
The issue of 15c2-11 has been with EGYF for well over a year and caused the "unsolicited quotes only" status way back before then. The OTCID status is new as of 1 July, 2025. Not being OTCID compliant is simply a carryover from the old system which has still not been resolved. The hold up has always been not revenue. The last Q report showed 100,000 in revenue and the expectation was for that to double according to the emerging companies video. Until another filing we will not know if that increase occurred and revenue meets OTCID standards. It is likely to be messy with KP leaving the company as it was his efforts that brought in the revenue for the last Q filing.
Based on the silence since March and the announcement by MZ of KP leaving the company any filings are now the responsibility of MZ. Filings have always been late since MZ took over the shell.
At this point there is not enough info for me to draw that kind of conclusion, IMO.
Just waiting now to see what/who MZ really is and how this will be handled. Hard for me to think ill of the individual who put $100 of thousands into EGYF, quit his successful position as partner in a private company to come to EGYF full time as first VP and then US CEO only to "leave" in a few months. We shall see.
Without facts your speculation does a disservice to the individual whose initials you posted. It is unlikely that any insider has been dumping. Insider advantage is a serious offense you are speculating on. The only possible conclusion from trading these last months is that one or more individuals have been selling to willing buyers.
That is my understanding as well. Also, I believe because there is no 15c2-11, restrictions are still in place for insider stock as well as those who bought shares to fund EGYF. My guess is that these sales are from retail large holders who just want out.
Yeah, maybe my grandkids can benefit. I have grave doubts I will be around.
Price today can be spelled with one word. MANIPULATION. It should be up.
https://ih.advfn.com/stock-market/NASDAQ/anavex-life-sciences-AVXL/trades?_gl=1*1e8dymv*_gcl_au*MTUyNjU5NzM2LjE3NDg0Njc3MzUuMTUzNzAyNzMyMy4xNzUwNDQ3MjU4LjE3NTA0NDcyNjA.
Yes, Keith did the March video conference.
It is in the notice for late filing and MZ signed as CEO.
What I think is of most significance is that Keith has "left the company" and is no longer President of US operations.
I am really bothered by that. I do not trust MZ at this point. I am now stuck as a stockholder and my confidence in him is zero. Since there is essentially no market I will see what he does. Performance is the only truth IMO.
My guess is that he will take back eBox rights, as it was in EGYF on a contractural basis, leaving our company empty.
Wish everyone still invested the very best. This now is my largest loss in several decades. I am fine, EGYF was play money. It is a loss all the same and I hate losses of any kind.
My mistake, not following my charts and buying dips while selling rips.
If the weekly has its way, then we are only looking at a pause on the daily, rather than retracing to a support level. Again, tomorrow should give more info going into next week.
Pretty much the same resistance line as the daily. A couple more sideways type days would provide more space inside the daily upper bb for continuation.
Nice chart. I like the fast macd along with standard as the fast alerts for a decline in the standard. In this case, the fast was dropping 5 days before the standard.
If you run an ADX (same speed as your rsi) you will notice that the red line is bottoming right where it did the last two times with the green line showing -Divergence.
Probably orange and green colors on your chart.
What I will be watching is whether the two lines begin to reduce their separation distance as well as your fast macd bars dropping below the zero line.
Agree on overbought and need for volume.
Tomorrows close and week end will give more info for how next week may shape up.
Closest gap closed recently and today has promise both in todays action and the daily chart. Can it move above 10.28?
We shall see.
Silence creating .0068 and .0063 trades today. Light volume, however they are being given away at lower and lower prices.
Some interesting zones, lines of support/resistance and trend. Ruminate on your thoughts for direction of price to take.
https://investorshub.advfn.com/uimage/uploads/2025/6/21/cmcqoScreen_Shot_2025-06-21_at_11.25.37_AM.png
Below is how the weekly closed.
https://investorshub.advfn.com/uimage/uploads/2025/6/21/waewuScreen_Shot_2025-06-21_at_11.33.50_AM.png
This is how the volume looked minute by minute today. Yes, last 30 minutes a lot of action.
https://investorshub.advfn.com/uimage/uploads/2025/6/20/nzcfuScreen_Shot_2025-06-20_at_4.59.29_PM.png
Seems prudent IMO.
Good luck to us and all holders.
Thanks for the info post and discussion Steve.
Green Trades.
While I agree with your info in general I am reminded that all signals require confirmation. Another aspect is that individual stocks can have individually unique patterns of which AVXL seems to do a reversal/fade when the inverted hammer spike occurs outside the upper BB. In addition the issue is being faced again while in a strong support/resistance zone. Price could continue up for a variety of reasons. Combined with overbought and oversold momentum and trend indicators on the daily and volume still under 1million shares any additional upward movement is likely to be relatively small IMO unless there is some sector action of news that brings in stronger volume. The close today and closes first part of next week should give additional directional data. For example if todays close is below yesterdays close then adds a little to the down side. We also can't yet rule out sideways movement between 8.90 and 8.46.
What do we know for sure at 1:48 ET? Price has not made up its mind to go up more, down or sideways. There is information one can use to to say any one of those, but it would not be confirmed. What is definitive is that we are dealing with a major daily support/resistance zone.
A visual to point out why chartists are wary of a top and regroup here besides just the current resistance battle from 9-9.25ish.
Candlestick (inverted hammer) Wed is just like last two and other tops for AVXL.
https://investorshub.advfn.com/uimage/uploads/2025/6/20/vyjsnScreen_Shot_2025-06-20_at_9.35.35_AM.png
For those who might not know, "with prejudice" means permanently dismissed. It cannot be refiled using any of the adjudicated claims.
The behind the scenes enthusiasm is manifest in the percent of retail ownership. One thing that can account for low volume would be the vast majority of current retail as Long Term holders combined with the so far steadiness of institutions.
AI Overview
Retail investors own approximately 59% of Anavex Life Sciences Corp. (AVXL) stock. This means that individual investors, as opposed to institutional investors like mutual funds or hedge funds, hold the majority of the company's shares, according to finance websites. Institutional investors hold around 38% of the shares.
Here's a more detailed breakdown:
Retail Investors: 59%
Institutional Investors: 38%
Insider Ownership: 5.15%
Anavex Life Sciences: A Promotional Company With Too Many ...
While the exact percentage can fluctuate, these figures indicate that retail investors have a significant influence on the stock's price and movement.
Duly noted. Yours was a much better presentation. 😎
LOL, doesn't mean there isn't truth in what I responded to.
One can acknowledge truth without swallowing the whole piece.
I enjoy chatting charts while waiting for AVXL fruition.
Green trades Everyone.
Those disparaging your post simply are showing their stock performance conceptual ignorance.
Your volume analysis and comments are right on. The post is supported by fact. What one does with the fact can be buying, selling or holding.
None of those actions refute the existence of the fact that current volume is light or that more volume is needed to elevate price beyond the current resistance that could make this move another fade.
Going back to beginning of 2025 and comparing the volume for each move it is obvious what is lacking right now. The blue horizontal at 1million shares of volume is significant.
I imagine a middle schooler can look at the volume to price relationship and tell us how much volume is needed for a true breakout.
https://investorshub.advfn.com/uimage/uploads/2025/6/19/zlxgnScreen_Shot_2025-06-19_at_12.09.13_PM.png
Wish everyone green profits and success.
The world needs this.
I am a not a premium user so cannot PM.
My best guess is made up of these elements.
This is the worst period since MZ and then Keith have been involved.
Since it is presently "unsolicited quotes only" status which means broker-dealers cannot offer competing quotes there is little volume due to lack of news and company progression. Thus, ( I am sure there are many disgruntled due to last 1 1/2+ years) no trades occur until a buyer (most likely retail) enters a bid.
If you look at filings on OTCMarkets most filings have needed extensions for late filing. Also, the annual report ends up being last of June or mid July.
I am thinking mid July, but would be happy to see June 30 filing.
Getting a 15c2-11 filed and approved is absolutely vital.
It is public knowledge that the cost of development for eBox was insufficient and thus the company was forced to pivot and find a revenue stream. That pivot brought in $100,000 in revenue as listed on the last filing. If you saw the Emerging Growth Conference video it discusses the pivot to that new revenue stream.
All we can do is wait the next filing and see if revenue was increased. I was expecting some kind of progress news, however since that has not happened, yet my thought is that I must wait for the next filing to find out what, if anything has occurred since that video.
IMO, the only reason there is volume is that there are buyers willing to either reduce cost of previous holdings or start a position as a lotto play.
EGYF was dead for many, many years. When MZ took over I initially sold dusty drawer shares acquired for .0056 at .10 average. I became intrigued with the eBox and its amazing potential and bought back at .07 to .12. For now I am stuck by my own choice. Chart said to sell in the .15's twice and I didn't do it in 2023. Could have gotten out, even, in 2024.
IMO, the pivot has potential to grow the company. If it occurs, it will be a relatively slower organic growth with potential to be much more solid as a foundation rather than price running on speculation. If that happens, then I think eBox development can become viable again. Gotta be in it to win it, so here I am.
Wish you and all here the best.
Green Trades
Here is a minute chart of volume and price.
https://investorshub.advfn.com/uimage/uploads/2025/6/17/mgbxdScreen_Shot_2025-06-17_at_2.04.30_PM.png
Glad you have developed your own routines and workarounds.
Haha.
May you live as long as you want.
Managing stress is one of the top needs for many cancers as inflammation can be a relapse trigger, especially with lymphomas.
May we live as long as we are motivated to get up each morning with something to look forward to.
Chuck
I am posting to you here since this board is quite sparse for postings and didn't want to reply to you on the AVXL board.
I turn 77 in a few months. Was diagnosed with Grade 2 stage 4 fNHL in 2008 at age 59. There are so many NHL types and subtypes that treatment isn't all the same. I am fortunate that chemo and entirely changing my lifestyle have enabled me to remain in the "undetected category" after 2009. After the completion of chemo I was never able to work again. While it saved my life, (I was literally at deaths door) the side effects of the chemo will remain with me the rest of my life due to cell and nerve damage. Having so many sensory issues, I now have greater empathy and understanding of those who are on the autism spectrum as well as those who deal with any kind of cancer. I have a great quality of life as long as I listen and follow my adaptions.
If you ever want to chat shoot me a message on the free friday hour here at ihub with your contact info and I am happy to share/commiserate or provide support as a member of the NHL "C club". God Bless you.
Everything you describe is contained within the Horizontal blue lined VbP zone and equates to strongest market structure support/resistance zone. One can readily see the significance of $9 as both the top of the zone and the previous battles (candlesticks) as both support and resistance. Given the still dropping green 200period I agree that 9.25 is possible. The pinching bands are calling for an inflection point as well if price continues above the midline.At the current rate it will take finishing the week above the midline and another the following week to confirm that the current move has legs. Making the 200period support in the future opens up some very nice higher targets. Having the yellow 50period act as upward support would also be extremely positive. Step by step the future will unfold.
https://investorshub.advfn.com/uimage/uploads/2025/6/17/tuohmScreen_Shot_2025-06-16_at_10.10.41_PM.png
For those with a stockcharts account, the below is a complete weekly with volume and indicators. Lots of positivity in them as well. The volume is still kinda weak however.
https://stockcharts.com/sc3/ui/?s=AVXL&a=1831939775&p=W&yr=3&mn=0&dy=0&id=p77319303615
Green Trades.
Price got into the gap, but still .12 to fully close. See how things play out til the end of the day. So far price bounce back to 8.72. That coincides with 200point recovery for the Dow at present.
Personally, I don't think so. There was a pop a few days ago when Trump said he was going to promote an eVTOL pilot training program. IMO, price is just sliding after the news in an uncertain market atmosphere. Markets are up, yet there is structural weakness there just as there is structural weakness in JOBY and many other stocks. Filling in the 8.33 to 8.57 gap would not be a bad thing if it does (daily chart). Would like to see 8.20ish hold strong if there is an overshoot below 8.33.
If daily volume falls below about 15.5 to 12million daily shares trading, then weakness in price until next substantive news has increasing odds.
Momentum and trend indicators show potential for some retracement in price as well.
Yesterdays closing candlestick also suggested downward potential. Need to see close today and Friday before drawing any stronger conclusions.
All IMO only.
Long term, still very bullish.
https://investorshub.advfn.com/uimage/uploads/2025/6/12/ckyibScreen_Shot_2025-06-12_at_11.01.37_AM.png
Here is a weekly chart view.
https://investorshub.advfn.com/uimage/uploads/2025/6/11/zrlpxScreen_Shot_2025-06-11_at_10.31.39_AM.png
And a Daily. NOTE: both charts are currently in overbought territory.
https://investorshub.advfn.com/uimage/uploads/2025/6/11/kjjgkScreen_Shot_2025-06-11_at_10.34.46_AM.png
Toyota started investing in 2017. JOBY went public end of 2020. Let the flash wear off and started buying in upper 3's and 4's in 2022. Trading shares plus a core position. Toyota has increased their funding ever since that first round. With the next $250million Toyota will have invested about $1.17billion in JOBY.
Agree that even better days are coming.
1. Government and Military Partnerships:
U.S. Department of Defense (DoD) & AFWERX Agility Prime: Joby has a long-standing partnership with the DoD, starting in 2016 with the Defense Innovation Unit. This relationship has expanded to include the U.S. Air Force's Agility Prime program.
Joby is contracted to deliver up to nine aircraft to the Air Force.
They delivered their first eVTOL aircraft to Edwards Air Force Base in September 2023.
They are scheduled to deliver two aircraft to MacDill Air Force Base in 2025 to support operational testing and training for logistics missions, personnel transport, casualty evacuation, and support of security forces.
This partnership allows the DoD to explore the potential military applications of eVTOL technology and provides Joby with valuable operational experience and support for development.
NASA: Joby has collaborated with NASA on electric flight projects, including the X-57 and LEAPTech. NASA is also using Joby's aircraft for testing at Edwards Air Force Base in partnership with the U.S. Air Force's AFWERX program, focusing on testing autonomous flight management solutions.
2. Commercial Partnerships:
Virgin Atlantic: Joby has partnered with Virgin Atlantic to launch an air taxi service in the UK. Virgin Atlantic supports Joby's efforts through customer marketing, regulatory engagement, and infrastructure development at key airports like Heathrow and Manchester Airport.
Delta Air Lines: Joby has an existing alliance with Delta Air Lines in the US, which serves as a foundation for the Virgin Atlantic partnership. Delta will integrate Joby flights into its customer experience to offer seamless home-to-airport air taxi services. Delta also holds a significant stake in Virgin Atlantic.
Uber: Joby is working with Uber to bring its air taxi service to cities like Los Angeles and New York.
ANA Holdings Inc.: Joby has partnered with Japan's largest airline, ANA Holdings Inc., to bring its service to Japan.
Abdul Latif Jameel: A Saudi group, Abdul Latif Jameel, has agreed to be a distributor for Joby's eVTOL aircraft in Saudi Arabia, with an agreement for orders of up to 200 aircraft.
Mukamalah Aviation: Joby is exploring introducing emissions-free aircraft into Mukamalah Aviation's fleet in Saudi Arabia as part of their commitment to sustainability.
Abu Dhabi: Joby is partnering with Abu Dhabi to establish an electric air taxi ecosystem in the Emirate.
These relationships demonstrate Joby's broad reach, engaging with both government entities exploring defense applications and commercial companies aiming to establish air taxi services in key markets globally.