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We started the rally from 1.05 to 2.99 I believe last week of December. We are back to 1.05 and I hope it holds. I placed an order for 1.00 as I do not want CNBX TO BREAK 1 DOLLAR. A lot of people gave up on CNBX during this slide. It will take big news to go over 2 dollars again and to get the VC to exercise their 1 million shares at 2 by May 2018.
There was a size of 27,200 shares on the bid (that want to buy CNBX) and only 2000 available to sell. However every time the market tanks and someone wants to raise money (maybe because of margin calls) I see a huge block available to sell (I think around 120k shares) in the 1.32 range.
For the last 2 weeks with this volatility 1.20 held and we always closed higher. There is a PR announcing that CNBX is moving to a new facility and that they hired a top notch lab scientist to join the team.
I went to the company web site www.cannabics.com and they have under the investors tab the last filing but it was zipped and I am not savvy enough to unzip to verify the insider's stock ownership. Maybe you can do it.
I am very impressed with the expertise of doctors assembled in CNBX. The web site is fast and very informative. They seem to indicate that they are marketing diagnostic tools worldwide as well as time release pills. The presentation is dated December 2017, so maybe we will see some revenue in the next report.
I encourage every investor to log into their web site and form your own opinion. I am not a doctor, so I welcome other's opinions.
Every investor should google Rick Simpson and watch his video on how to make the oil. It cured his cancer, burns, psoriasis ...etc. He shows you how to do the oil and how to use it. Watching this video gave me a lot of hope about CNBX succeeding in their mission to put this substance in a time release pill TO CURE CANCER.
We are two months away from getting results from 2 studies. Good luck to all. I recently more than doubled my position in CNBX.
News will move it up plus the mj publicity. They expect 2 results end of March. If the company that have an option to buy 1 million shares at 2 EXERCISES it then CNBX will have about 5 years of cash at today's burn rate. If not we have about 3 years of cash. The hope is that they find a way to treat cancer.
Bought another 6500 at the open 1.8032 even though I had a bid 1.81.
I doubled down again today at 1.85..Last 15 minutes were wild. I tried to buy NWKRF (canadian mj) today at Fidelity and I had a long message telling me it will go thru Forex and there is another fee besides Fidelity and then there is tax withholding on dividends and gains so I changed my mind.
So, does it look good to buy on Monday? what is the crypto/bitcoin doing now? correcting or ascending?
So, are you buying KODK for the Kodakcoin catalyst that will happen on January 31st?
People on the Yahoo board are very negative about DPW and its CEO. Sorry to see you go, good luck. I actually recently doubled my position in CNBX. Yes revenue are a joke here but this stock is about a potential curing cancer with MJ. The business model would be to send in the biopsy sample and CNBX would send back the tailored MJ TIMED RELEASE PILL. They recently purchased about 3/4 of a million dollars worth in lab equipment for lab tests and we are waiting for results from studies by the end of March.
When you have a 2 million dollar option to buy 1 million shares at 2 dollars per share by early May from a company, CNBX will do everything it can to promote itself and increase its coffers in order to give itself time for 3 more years for the breakthrough. I hope to keep increasing my holdings in the next 3 months.
Good read.
I just read the 10Q and I noticed that a company had a 1.5 million option to buy 1.5 million shares at 2 dollars and it did so for 1/2 million shares giving CNBX 1 million dollars on January 3rd, 2018 which gives us roughly 4 million dollars cushion.
This company has until May 7th 2018 to exercise another one million option at 2 dollars. Assuming they will do that CNBX SHOULD HAVE ABOUT 6.8 MILLION Dollars in their coffer less their burn rate which is about 550k a quarter. We had revenue of 1.7k ending November 2017 vs nil revenue in 2016. That means we should have roughly 3 years of expenses in the bag which is very good in my opinion. Also the 10Q lists very good results and patents in their notes section.
Other observations are welcomed.
Hello there Jim. Since u r a long timer, what brought CNBX to 7 last year.
I hope your dream will come thru.
What is happening January 19th regarding MMJ?
Volatility started when they added options on 01/08/18. I agree that it is a keeper
Jim:
Just in case you have an opinion could you look at post 2745...thx
Is there a Doctor or Lab technologist in a cancer lab or a patent lawyer on this board?
I am having a hard time with the patent filing today. How can you defend a method? how would they know their method is used somewhere else?
My best guess is if one of CNBX employee leaves them to work somewhere else then they could not use the same method....any other value?
By the way a company in Israel is launching the first cannabis controlled medication inhaler thru TEVA pharma.
https://merryjane.com/news/israeli-company-creates-the-worlds-first-metered-dose-medical-cannabis-inhaler
So, that is the future. Good to know. We are not there yet. If we get positive results in March 2018 watch out. Some newsletter must have recommended CNBX because I could not see any news. Any idea what moved us?
I had a hard time understanding that the treatment will be personalized. How could they eventually treat one at a time. So, I talked to a Health lawyer and he said that there are many companies that treat people online.
Like this company (forgot the name in S.F.) they have a personalized treatment for acne and they have 100k customers. People just send them pictures and voila the treatment is sent. CNBX will just read the impression of the MRI and will send the right time release pill.
Is anyone betting this will pop with publicity when California goes to pot haha in a week?
You mean great revenue not great earnings.
2 analysts in Yahoo are predicting 33 cents average for next year.
One analyst is predicting 19 cents low.
With all this revenue growth, it should be a good long term investment.
I like the fact that we are only 31 million shares compared to my JD which has over 1 billion shares. the float is low around 20 million shares which will add some volatility.
Good luck
I decided to POP with you at 9.06xx 1k shares this morning...This is going to be very long term.
Just curious. Are you selling the teva puts with weekly expiration?
Like next week would you sell the 18 dol or 17.5 dol puts and collect the premium.?
How much were we suing BC III for?
Q: If we do get a judgement and not get a settlement, I guess we could have an appeal?
The first inaugural analyst is on the 14th. This could be a big day if a settlement is reached...royalties plus $$$ will be nice.
Oh no, I am waiting for a spike before unloading. So, after the 14th settlement news what is the next catalyst? thx for your concern.
No, I did not attend or listen. Was it in Palo Alto? A friend of mine listened and the presentation was good. I was concerned because we slid the same day and today.
Wow, these were home run moves. I thing the report next month will shed some light on their science with a couple of results expected in March 2018. I doubt the revenue will be material enough to move the stock. It is the potential of a breakthrough to treat cancerous tumors.
I bought a month ago under 80 cents all the way to 1 dollar. I was trying to find out what made it run to 7+ dollars early this year. thx.
Congratulation. What made it run ? was it the 3 million dollars equity investment? thx
Thx. I intend to go to the annual meeting if I am available and if I did not sell before at 70 dollars (lol) or something like that. This stock is way undervalued.
I asked you for a little history on Yahoo regarding BCPI. I live about 30 minutes from their E. Palo Alto office. Do they hold annual meetings or other function there?
I will be happy to attend.
New to FNJN. How many more shares does BCPI wants to sell? I am excited that FNJN will be presenting next week in L.A. at the Micro Cap conference and that they will meet investors. Is this the first time they do this.? thx.
For the quarter ending November, the financials come out in January. This is what I deduced from the Cannabics moderator post about 2 weeks ago in IHUB. Do you have anything to share?
From what I have read, the end of November report is due in January and they expect RESULTS in March 2018 from tumor diagnostics and tumor treatment.
If promising they expect to file new drug application. The last patent filing I think was significant. One more month is left for tax selling and a lot of people like you might want to sell to claim losses. Patience and maybe January when California join the pot states we will get a boost.
I decided to order today CBD oil and balm and try them out. On sale for 2 more days. GLTA
Cancer Diagnostics
Utilizing novel biological screening technologies, we monitor the antitumor effects of arrays of botanical extracts on cell lines and biopsies. The data collected propels the development of proprietary and novel compounds targeted to diverse types of tumors. This technology enables us to perform lab tests that offer doctors
and their patients a profile of personalized treatment with cannabinoids. We believe that our personalized approach minimizes harmful side effects, with more
successful outcomes and lower costs than the traditional “trial-and-error” approach to treatment. We are presently conducting diagnostic validation studies in
collaboration with academic institutes and lab facilities, and expect to have preliminary results available by March 2018.
Anti-Cancer Treatments
We are developing botanical cannabinoid formulations based on our proprietary diagnostic procedures designated for the treatment of cancer and its side-effects.
We are currently working in collaboration with SIMFO gmbh, a renown German research laboratory on CTC tests. We are also conducting preclinical research on
the efficacy of our cannabinoid-based formulations in the treatment of cancer and expect to have preliminary results available by March 2018. If our diagnostic
data cross-linked with clinical outcomes demonstrates that our formulations have therapeutic and commercial potential, we intend to submit an investigational new
drug application with the U.S. Food and Drug Administration to commence clinical trials.
The above is from the last 10q 3 months ago. Last year 10q for the end of November, 2016 was issued in January 2017. So I do not see any report coming next week based on that. I am new in this stock so, do not rely on my research. I believe I was repeating what someone said about getting a report next week. The Cannabics moderator posted very informative links.
I took advantage of the lack of huge bids and bought 1500 more shares at .93. GLTA when we get clarity from their latest status in the EOY report.
There is no company announcement as to when this will be and I guess there will not be any CC. The link that I posted 2 days back is very informative.
https://fintel.io/b/17484-cnbx-cannabics-pharmaceuticals-stock-analysis-and-research-report
This is very informative and somewhat different than what Advisors reported.
This is the 3rd or 4th time we peek over 1 dollar and retreat. There was a 1 dollar ask for only 300 shares, so I bought them. The ask showed up again for 1 dollar and also 300 shares. I am guessing this was a computerized sell at 1 dollar 300 shares at a time, so I stopped buying.
On a side note what are we expecting in the year end financials I believe someone said on the 29th.?
I am very interested in trying CBD oil or pills for inflammation. Did anybody try CBD? Any information is welcomed.
I agree with you and keep the value up by informing shareholders and keep people interested in buying the stock. I added 1200 shares today at .98.
The bid was strong so I had to buy at market.
It took me a while but I opened a Twitter account and I found out that you good folks are posting that information here thru links. So, no need to check Twitter and here. Nice move today to 1.00.
Thanks young man. I do not have a twitter account but I will make sure to start one next week.