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If you go to the OTC website most stocks have the L2. Jamn does JOCF does not.
really interesting day...I thought it would move past the .40's without pause. We will see what Monday brings.
Monday is going to be really exciting imo...Looking for those buys at the high .70's
Nice to have the L2 most otc stocks have them...However this morning the whole thing crapped out. I think that may have caused the panicked sell this morning...No worries because the wall of .27's are breaking down and then the .30's will be here...
L2 looks great we will be heading up, up, up.....imo
I got in at yesterday's low. I would like to see the .30's I do think it will move up today nicely through the day. We will know soon...good stock, good products seems like a good company from my DD.
DEGH is holding good at .24 volume looks good worried people ran it down and now they seem to be gone...Should be a good day overall...imo
I freaked out this morning when the L2 stopped working. Wander if that panicked some into selling...
looks like we hit the bottom. time to reload...imo
looks like we hit the bottom. time to reload...imo
That would be great and we will see...
I was a good day for the profit takers, they will be sorry in a few more days imo
Looks like we will hold over a dollar most of the day today!
How long have you had shares in this stock? If you were here last week you would know that rfranke727 is a new moderator. If you are new then I suggest you go and do DD and stop worrying about what rfranke727 is doing. I have never seen rfranke727 tell someone to buy a stock, and everyone here needs to do their own DD.
I think this may go over a dollar today...Seems like this is the best time to buy...
And the NITE takes it. Anyone see how they did not sell their shares, but successfully dropped the stock...Nice who is sitting on the bid. NITE??? Same person I bet...
This is a day trading deal. Those people know they can drop the stock pick up more cheap shares and resale them today or tomorrow for a profit. imo
OK nite has really ticked me off. first they hold the rise back and now they are selling all those shares.
Enterologics Is Acquiring BioBalance Corp. and Probiotic Product from New York Health Care, Inc.
Enterologics Will Establish Clinical Development Program for E. coli M17 (Probactrix(R))
SAINT PAUL, Minn., Jun 17, 2011 (BUSINESS WIRE) -- Enterologics, Inc. (ELGO.OB) announced today that it is acquiring all the shares of The BioBalance Corporation and its subsidiary BioBalance LLC from New York Health Care, Inc. ("NYHC"). With this purchase Enterologics will acquire E. coli M17, or Probactrix(R), a probiotic product being developed as a biologic drug under an active Investigational New Drug (IND) application for a pouchitis-related indication. Probiotics are live microorganisms (in most cases, bacteria) that are similar to or derived from beneficial microorganisms found in the human gut. They are also called "friendly bacteria" or "good bacteria."
The acquisition also includes BioBalance's portfolio of intellectual property and regulatory filings. Terms of the acquisition include cash, stock and a 3-year promissory note. The sale is contingent upon receiving approval by NYHC's shareholders, with an expected closing date of no later than September 30, 2011.
"By providing us with our first pipeline product, E. coli M17, the acquisition of BioBalance fulfills a key milestone in Enterologics' business strategy," said Bob Hoerr, Enterologics' president. "E. coli M17 coupled with the new formulation technology we are developing with Universal Stabilization Technologies provides us with a solid platform for our first probiotic biologic drug product. The fact that BioBalance was able to establish an active IND for E. coli M17 made it very attractive for acquisition. This further demonstrates the validity of our planned commercialization of high value probiotics as biologic drugs for specific gastrointestinal (GI) conditions."
Dr. Hoerr stated that the formal development of E. coli M17 could begin quickly once the deal closes. He continued that the Company plans to reinitiate manufacturing with a partner as soon as feasible after closing. When cGMP production and the necessary financing are in place, the Company intends to begin clinical trials under the IND.
"The sale of BioBalance will enable New York Health Care to concentrate on its core business," said Murry Englard, CEO of NYHC. "We are also very pleased that Enterologics is committed to developing E. coli M17 as a therapeutic agent. We made significant progress on this course until the economic downturn made obtaining the required financing impossible. As a focused GI therapeutic company, Enterologics is ideally suited to be successful."
About Enterologics
Enterologics, Inc. (OTCBB: ELGO.OB) is a biotechnology company that is developing probiotics as biologic drugs for specific gastrointestinal disease indications. Probiotics are live microorganisms, in most cases, bacteria, that are similar to or derived from beneficial microorganisms that are found in the human gut (e.g. for more information see Introduction to Probiotics). They are also called "friendly bacteria" or "good bacteria." Enterologics intends to identify, in-license and develop unique probiotic strains for specific medical conditions, obtain regulatory approval and market these probiotics products as FDA-approved prescription drugs for specific label indications. More details are available at http://www.enterologics.com.
Forward-Looking Statements
The U.S. Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation.
Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.
The forward-looking statements in this release are based upon various assumptions. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. Actual results could differ materially from those discussed in the forward-looking statements. Reference is made to our filings with the SEC.
KEYWORDS: Probiotics, Biologics, Biotechnology, Gastrointestinal Diseases
SOURCE: Enterologics, Inc.
CONTACT:
Enterologics, Inc. Beth Seidman, 516-303-8181 ir@enterologics.com http://www.enterologics.com
Copyright Business Wire 2011
-0-
KEYWORD: United States
North America
Massachusetts
Minnesota
INDUSTRY KEYWORD: Health
Biotechnology
Infectious Diseases
Pharmaceutical
Other Health
General Health
SUBJECT CODE: Merger/Acquisition
I agree if my pockets were deeper that is what I would do, but since I am deep with an avg of .05 I will just have to wait for now. I did add in the 2's today 200,000 shares at the ask.
What is with the highlighted post from mastertrader?
should see the 3's again tomorrow, a few more weeks we will go up. No worries here...
My last trade shows the .0299 as the last trade price. Sometimes the trades are executed so fast the L2 does not pick it up. I could be very wrong and it just may be my service I use.
Looks like it will be back in the 3's soon
Interesting L2 are they seeing who can throw away their shares first. I say goodbye to Auto, Nite, and Etrade. So this stock can move up again.
I knew this would drop, no matter how great the news was it was going to go down. However, I doubt the down will last long. I am buying when I think it hits bottom. 500,000 shares
I just placed a 500,000 share order. If we move up a bit I may do another.
I keep peeking at this stock and thinking maybe. I like what you said. I also hate how people try to scare others into selling. Sure I want to get in at the lowest price possible just like the next guy. However, good point that if it falls to low it will just fall out. (in regards to it going to 1.50) I think the people that shake the tree, so to say, also do it at their own demise at times. Just my thoughts. I am looking to get in, but holding off just a few days as I wrap up other trades.
What foundation do you have for your comment. Is it because of the earnings report?
Who said no one trades on Friday. Go FBCD!
Looks like we will have a nice green day heading into next weeks cc
imo that if this was a pump and dump we would see PR back to back for a few days. Thats not happening here. Thanks for the cheep shares ;)
I have my buy on the .03 we will see if it gets filled
So far, we have a person from L.A. just tell us that they have checked out the addresses personally. The company is there and that is great. We have a lady who wants to bash the company up for answers. Just remember that they do answer your questions. Ace of Nates found that out when he emailed the company and the CEO responded back a few hours later. If you are worried about your investment then you are going to validate that fear. However, I think this is a great company that needs to maneuver about after the purchase of the company. So far the deals and the path the company is taking seems like a road to profit. I am interested in hearing more, I hope they will release a PR or the CC will come soon.
According to the MM that I spoke to which was E*trade, to be sponsored by them there is an annual fee. I know to get on to the OTC to start would cost my company 80,000 and then there was going to be annual fee. From the conversations that we had I assumed the annual fee would be in the ball park of 50,000. I can give you my contact name if you need it. I just thought that I would share that being on the OTC is not free.
What you are missing is the fact that a market maker aka money maker must sponsor you. Their fee is the 50,000 to 100,000 cost. It just depends on how much the MM thinks it will make off of listing your stock. I have more details at my office, but you can call the OTC tomorrow and find out the forms that are needed by the MM and call any that are listed on the OTC website to see their pricing. However, they told me 20,000 dollars to start and in the end they wanted 80,000 dollars from me. Still not sure if I will list my company, but I will let you know if I do. :)
Reverse phone search that is how I find all 1800 numbers physical addresses or local numbers to by pass the automated service. I am still working on the picture. I hope I can get it up for everyone.
By the way to be posted on the OTC the money makers request 50,000 to 100,000 EACH YEAR, so that being said this in my opinion is not a fly by night. They are a company that purchased another business FBCD and remolding will be need.
One may wonder how I know how much it cost to get listed. I own my own business. We do not make enough to go the NASDAQ so I checked into over the counter. Nevertheless, my mailing address (PO Box) and physical address do not match. So that made me think this may be true for super rad as well.
With a little reverse search I found the shopping center that Super Rad Industruies is actually located. Take in mind the google maps of L.A. are from May of 2009, but this is what I found.
Physical corporate address: 1835 S la Cienega Blvd # 255, Los Angeles, CA 90035
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I hope the picture comes threw because it took me a long time on google maps to find the right address.
From: Yitz Grossman
Thursday, June 2, 2011 1:40 PM
Thank you for your mail and interest in Enterologics. And of course, we welcome you as a shareholder. Might we ask that you follow recent news releases and one planned for next week. I believe next week’s release will clarify some of you questions. If not, kindly reach out to us again and I’ll call you with better answers.
Just wanted everyone to know things are coming this week.
Anyone want to guess on how long we may be in the three's