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Don't plan on seeing any financials soon if ever:
Effective as of July 8, 2016, Ciro E. Adams, CPA, LLC (“Adams”) resigned as independent registered public accounting firm to Viropro Inc. (“Viropro”). Adams believes that the unavailability of certain information to Viropro would limit the auditing scope and procedures. The Viropro Board of Directors discussed this with Adams and the Board of Directors believes that the information which is available, together with additional or clarifying information which can be obtained, suffices to obviate any reference to any such unavailability in an audit report. Viropro has authorized Adams to respond fully to the inquiries of any successor auditors concerning this subject matter.
Adams was engaged by Viropro on August 24, 2015. Adams never issued any report on our financial statements as of and for the years ended December 31, 2011, 2012, 2013, 2014 and 2015. We have not filed an annual report since the last report for the fiscal year ended December 31, 2010. From the date of Adams’ engagement through the date of resignation, (i) we had no disagreements (as that term is defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) with Adams on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Adams, would have caused Adams to make reference to the subject matter of the disagreements in connection with its report on our consolidated financial statements for such years or any subsequent interim period through the date of resignation, and (ii) there were no "reportable events" (as defined in Item 304(a)(1)(v) of Regulation S-K).
We made the contents of this Current Report on Form 8-K available to Ciro E. Adams, CPA, LLC and requested it to furnish a letter addressed to the SEC as to whether it agrees or disagrees with, or wishes to clarify our expression of, our views, or containing any additional information. (A copy of Ciro E. Adams, CPA, LLC’s letter to the SEC is included as Exhibit 16.1 to this Current Report on Form 8-K.)
Averaged into the VXX at 11.67 right now - hoping for some profit taking tomorrow at the open. May depend on earnings from banks.....we'll see.
I've given up after repeated failed attempts to reach people. I had 1 million shares left and sold them all this past week....very sad really......the NovaRX deal should have been allowed to proceed - I believe Bruce and Company sold us all out...losers.. Ken Sorensen may have been the only honest one in the bunch....
changes being made on website....wish they would tell us anything....sad..
You think we have peaked in this range? What's your take on the next few days. I'm holding DWTI at 75 with a tight stop...
Stopped out at 29.35 - just reloaded 28.23...
Got a trailing stop set about 50 cents back. What's your target on this run?
Never received any actual info just allusion from someone who said the Nova deadline was looming and that there was disagreement brewing.........Losing John Doll sucks in my opinion.
Letting a revenue generating company get away sucks too..
very sad - but I'm out again. Made a little but hoped for so much more. Way to go "management" team - didn't seem to be that hard. I guess NovaRX is out of business now anyway - phone has been turned off. Can't even buy a bankrupt company? wooboy...
Stopped out DWTI at 101.86 from 94.50 yesterday. In UWTI at 28.30 and again at 27.30......70% powder still dry...
TMM - got a reversal point in mind here?
Anybody know a good triple etf for US Dollars?
BTW - long DWTI at 94.50 yesterday - probably a tight stop today. looking good for the open.
Sorensen is the only one of the directors who has bought shares on the open market. He has a vested interest in seeing this succeed. I hate to see him removed from the post. Tells me they have bitch slapped him and he may be leaving soon....
I can't wrap my head around Springhill's thoughts here. They had to have agreed to the reverse split but then they are obstructing the Nova RX deal. Makes no sense. I'm sure VPRO is not the only thing Bruce is working on for SH because he has basically been non existent for months along with Michelle and Ivor. Maybe VPRO is just an afterthought to SH. I don't know - I do know they have been presented with an opportunity of profound magnitude to turn this into an immediately profitable venture and they have chosen to allow it to fester and die...............pisses me off more than you know.
Sorensen was behind the Nova RX deal and the financing to get the deal done. Bruce is a paid consultant who would lose his job if the deal went through. This is terrible news and confirms the death of the Nova RX deal. Buy all you want at this point. I'm not going to get in your way.....Viropro is getting ready to take another dirt nap in my opinion.
You know I have been around here as long as you guys and we had a chance - another chance since the Spectrum debacle - and it has been blown up again. I don't know what goes on behind the scenes but you get PRs then new board members then BAM - a 1000/1 RS with no explanations no nothing. I'll hold my free shares until they are worthless but I have no plan of adding. If, big if, things do ever come to fruition I'd rather buy higher with confirmation of a future. Really pissed off right now - again....
Or maybe - he got tired of having smoke blown up his butt too and is trying to save his reputation. Ivor, Bruce, and the rest of the board need to support the shareholders and get this Nova RX deal done as planned and announced. They do nothing to keep any of us informed. I see trip 0's coming back here with no information soon.
John Doll was the best of the bunch - this should tell you something. He had integrity....sad
As I said - I still have shares albeit "free" ones. If any of these guys have anything to say they need to do it now. The stock is off its high by 90%. I wasn't the only one selling yesterday obviously.
They need to provide an update - yet they sit and watch as the retail investor gets hammered. Maybe that has been their plan all along.............to rid themselves of us pesky problems....
OK Skeptical - I'm just guessing that any of what I have said is actually true and it is probably just hearsay. I sold because these idiots announced and 1000 to 1 RS and haven't provided any update information in over six months. I won't post anymore hearsay information that is probably made up anyway. Good luck everybody. I do still own some shares but I'll just remain silent for now. If my getting pissed and asking questions gets them off their asses and makes them actually do something it will be beneficial to all of you. later................
I hope you are right - but I have zero confidence at this point. The board members seem to be disinterested right now. I guess they have other deals going on outside of this but this one is getting little attention. Nova RX will not move forward with the LOI as written unless there is a change in the board. That I do know.
We have to demand that paid shills be removed from the board beginning with Bruce Cohen. Bruce will lose his paid to do nothing job if the deal with Nova RX goes through. So will Michelle Peake. I don't know why Royston has opposed this deal - makes no sense at all. Start e-mailing and calling them to voice your anger. They have breached their fiduciary duty to us as shareholders. They have issued lies that they knew would never come to fruition. What I don't know is why. I know in Bruce's case it is so he can keep getting paid by Springhill or the Malaysian government. I am contacting the SEC today - please join me in demanding answers.
The Nova LOI expired. That is a material change that should have been PR'd. The RS will not happen - at least not right now because there is no reason for it. There are certain members of the Board who would no longer be compensated if the Nova deal goes through. As shareholders we need to call for the resignation of all members who have breached their fiduciary duties to us. I will not reply to questions concerning any sources of information. I have contact information for virtually all of the players in this game and have reached out to all of them.
There WAS an opportunity to make all of very wealthy and it has reached an impassable stalemate at this point. There may have even been a source of financing. The Board needs to be held accountable. I would suggest all of you begin directing your angst towards them in any way you can. I don't know if the Nova deal is salvageable at this point.
Whats happening?
I don't think you will see a R/S....
There seems to once again be some infighting amongst the Board members. The Nova RX LOI has expired without execution and nobody is on the same page. There are certain individuals who don't have the shareholders best interests at heart for their own selfish reasons. I sold my initial investment out today but I am still holding my "free" shares just for laughs. I hope this can recover but without cooperation on the Board there is no chance at all. Nova RX has a promising drug that could have made us a lot of money - but the Board has pissed it away at our expense.
The Nova deal is dead IMOP. I cashed out and made a little money - not as much as I had hoped. There seems to be no direction here and I believe this company is done at this point. Sad really - moving onward.....good luck to whoever is left here. I don't think you will see a R/S - I just don't think you will see anything else either.
might get it......
Should we add more down here?
That's deep. Thanks for the update...
...still holding...even added more below .007....been waiting a long time - a little longer won't kill me.
welcome back.....
Just gut feeling......
tick.....tock....news is coming...soon
They held the reverse split announcement for quite a while. So I think we're going to see some news very soon
$11K on bid support - I'm adding here. I think they are either buying back or propping for the RS...we'll see..
Going to be some volatility. Just going to ride it out...add where I feel comfortable.
Some of you are sending me private messages regarding my interaction with them. I don't have a paid account here. Here is what I will tell you. I have corresponded with John Doll several times and he seems to be a straight shooter. He was very concerned about me getting answers to my questions and he forwarded them to Ken and followed up. I got the same letter that someone else posted here from Ken and John followed up to make sure I got it. He is excited to be on the Board and tells me these are exciting times for Axxiom. That's really all I'm going on. I asked him about some patents my wife has and he provided a little feedback. Cheers.
Right now we are looking at $5.70 a share. I believe we will be back over a penny or over $10 a share post split. John Doll seems to be very on board here and he has a good relationship with Ken and Ivor. We may not see news until after the split to support the price...but its coming soon and I believe it will be spectacular. My two cents(which is now worth .0057) but I am holding and adding. I did sell some in the .007 to .0089 range but I have bought those shares back. Holding until the end or success......time will tell here. Good luck. Back to trading oil now.....
Loaded up today. Sold 1.5 mil Friday. Bought back almost 2.4 mil today. Encouraged by the info from Ken and my emails from John Doll
Bought back what I sold - gonna get interesting in here soon. Big Money waiting to invest post split. Don't think it will sell off.
I received the identical e-mail via John Doll to Ken...
I asked them why no change in A/S - will let you know if I hear back. Also asked why they didn't release news and get the price to ten cents then do a 100 to 1 into strength. I'm still a holder and may add more in this range. Seems oversold after talking with these guys....good luck...not a happy camper Friday but a little better today.