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Peregrine Pharmaceuticals Declares Quarterly Dividend on Its Series E Convertible Preferred Stock
TUSTIN, CA -- (Marketwired) -- 03/11/14 -- Peregrine Pharmaceuticals, Inc. (NASDAQ: PPHM) (NASDAQ: PPHMP), today announced that its Board of Directors has declared a quarterly cash dividend on the Company's 10.50% Series E Convertible Preferred Stock (the "Series E Preferred Stock").
The quarterly dividend on the Series E Preferred Stock is payable on April 1, 2014 to holders of record at the close of business on March 21, 2014.
The initial dividend payment on the Series E Preferred Stock will be $0.2989 per share, which is equivalent to an annualized 10.50% per share, based on the $25.00 per share stated liquidation preference, accruing from its issuance date through March 31, 2014. The Series E Preferred Stock is listed on the NASDAQ Capital Market and trades under the ticker symbol "PPHMP".
About Peregrine Pharmaceuticals, Inc.
Peregrine Pharmaceuticals, Inc. is a biopharmaceutical company with a pipeline of novel drug candidates in clinical trials for the treatment and diagnosis of cancer. The company is pursuing multiple clinical programs in cancer with its lead immunotherapy candidate bavituximab while seeking a partner to further advance its novel brain cancer agent Cotara®. Peregrine also has in-house cGMP manufacturing capabilities through its wholly-owned subsidiary Avid Bioservices, Inc. (www.avidbio.com), which provides development and biomanufacturing services for both Peregrine and third-party customers. Additional information about Peregrine can be found at www.peregrineinc.com.
Contact:
Christopher Keenan or Jay Carlson
Peregrine Pharmaceuticals
(800) 987-8256
info@peregrineinc.com
THAT WILL HAPPEN WHEN PIGS CAN FLY AS THEY SAY
La Jolla Reports Favorable Trial Results for Liver-Disease Treatment
5:32p ET March 10, 2014 (Dow Jones) Print
La Jolla Reports Favorable Trial Results for Liver-Disease Treatment
By John Kell
$18.39
7.49 (68.68%)
La Jolla Pharmaceutical Co. (LJPC) touted positive Phase 2 trial results for a chronic liver-disease treatment, saying the results showed "significant impropharmavement in kidney function."
Investors cheered the news, sending shares up 24% to $13.50 in after-hours trading.
According to the National Kidney Foundation, chronic kidney disease includes conditions that damages kidneys and as the disease worsens, can result in wastes that build to high levels in a patient's blood and make the individual feel sick. An estimated 26 million American adults have chronic kidney disease, the foundation estimates.
La Jolla said its treatment was well tolerated, saying out of the 121 patients enrolled in the Phase 2 trial, 117 completed treatment and there were no serious adverse events in those that took the dosage compared with the placebo group.
The company said there was also a statistically significant reduction level in circulating levels of galecin-3, which is a target of the treatment. La Jolla has said galecin-3 has been implicated in a number of diseases, and increased circulating levels are associated with chronic organ failure.
'geocappy1'....
THAT COULD BE NOTHING BUT TROUBLE ....
THANKS MARK .
I'M NOT SURE MYSELF WHAT I WAS READING THERE .MAYBE YOU WILL HAVE A BETTER UNDERSTANDING OF IT ....
MARK........
CAN THIS HELP US ??
http://www.dtcc.com/~/media/Files/pdf/2014/2/7/a7676.ashx
THANKS, JAKE
BAD FOOD
This was shown on “ 60 Minutes” a few weeks ago. Disgusting !
Starkist Tuna is now owned by Korea, and is in big conflict with the U.S. concerning quality, safety, and records, which Korea refuses to provide.
There have been several articles on Google about this, and even one that was defending the eating of tilapia said to avoid the fish that came from China .. Albertson's 4-day special of 4 bags of frozen tilapia for the price of one. Sure enough, on the top of the bags, it read "farm raised", and on the bottom in small print it said, " China ".
read all the way down...
Recently a Food inspector on TV said he had lived overseas and he had seen the filthy conditions their foods are raised and processed in.
It is enough to make you throw up. Some foreign workers have to wear masks as they work in these places, because the food is so rotten and filthy, it makes them want to throw up. Many of their Fish on Fish Farms are fed Raw sewage daily. He said he has seen so much filth throughout their food growing and processing that he would "never" eat any of it. They raise this filth , put some food coloring and some flavorings on it, then they ship it to the USA & Canada for YOU to consume and feed to YOUR families. They have no Food & Safety Inspectors. They ship it to you to buy and poison your families and friends.
Imported food we eat and the junk we buy
Green Giant frozen vegetables are from China , and so are most of Europe 's Best.
Arctic Gardens are Okay. So is Birdseye.
Never buy the grocery store garlic unless it is clearly marked from USA or Canada , the other stuff is grown in people poop (even worse than chicken poop).
China is the largest producer of garlic in the world U.S. is next.
Buy only local honey, much honey is shipped in huge containers from China and re-packed here.
Cold-FX is grown and packed in China and is full of fecal bacteria. Doesn't work anyway, big scam.
If the country of origin is not clearly marked beware.
If produce, ask an employee.
Watch out for packages which state "prepared for", "packed by" or "imported by". I don't understand the lack of mandatory labeling, especially the produce.
The country of origin should be clearly shown on the item in the store. I go to the local farmers' markets in season and keep a wary eye open the rest of the year.
Please read this very carefully, and read to the very bottom. It's important for all of us.
How is it possible to ship food from China cheaper than having it produced in the U.S. or Canada ?
FOR EXAMPLE THE "OUR FAMILY" BRAND OF MANDARIN ORANGES SAYS RIGHT ON THE CAN 'FROM CHINA '. SO, FOR A FEW MORE CENTS, BUY THE LIBERTY BRAND.
GOLD BRAND OR THE DOLE IS FROM CALIFORNIA
Beware, Costco sells canned peaches and pears in a plastic jar that come from China .
ALL "HIGH LINER" AND MOST OTHER FROZEN FISH PRODUCTS COME FROM CHINA OR INDONESIA . THE PACKAGE MAY SAY "PACIFIC SALMON" ON THE FRONT, BUT LOOK FOR THE SMALL PRINT. MOST OF THESE PRODUCTS COME FROM FISH FARMS IN THE ORIENT WHERE THERE ARE NO REGULATIONS ON WHAT IS FED TO THESE FISH.
Recently The Montreal Gazette had an article by the Canadian Government on how Chinese feed the fish: They suspend chicken wire crates over the fish ponds, and the fish feed on chicken s--t.
If you search the internet about what the Chinese feed their fish, you'll be alarmed; e.g., growth hormones, expired anti-biotic from humans. Never buy any type of fish or shellfish that comes from these countries: Vietnam , China , Philippines .
Check this out personally. I did. Steinfeld's Pickles are made in India - just as bad!
Another example is in canned mushrooms. No-Name brand came from Indonesia .
Also check those little fruit cups. They used to be made in Canada in the Niagara region until about 2 years ago. They are now packaged in China !
While the Chinese export inferior and even toxic products, dangerous toys, and goods to be sold in North American markets, the media wrings its hands!
Yet, 70% of North Americans believe that the trading privileges afforded to the Chinese should be suspended!
Well, duh! Why do you need the government to suspend trading privileges?
SIMPLY DO IT YOURSELF, CANADA AND THE U.S. !
Simply look on the bottom of every product you buy, and if it says 'Made in China ' or 'PRC' (and that now includes Hong Kong ), simply choose another product, or none at all. You will be amazed at how dependent you are on Chinese products, and you will be equally amazed at what you can do without.
THINK ABOUT THIS:
If 200 million North Americans refuse to buy just $20 each of Chinese goods, that's a billion dollar trade imbalance resolved in our favor... fast! The downside? Some Canadian/American businesses will feel a temporary pinch from having foreign stockpiles of inventory.
Just one month of trading losses will hit the Chinese for 8% of their North American exports.
Then they will at least have to ask themselves if the benefits of their arrogance and lawlessness are worth it.
START NOW and don't stop.
ALSO HOW COME JOE P. FROM ROTH ALWAYS GETS THE FIRST QUESTIONS AND THEN TIES UP THE SESSION WITH QUESTIONS WE ALREADY KNOW THE ANSWERS TO ... THEN AFTER TWO OR THREE MORE QUESTIONS FROM PEOPLE THE Q&A SESSION IS OVER ......FRUSTRATING
HOW MANY TIMES ARE THEY GOING TO USE THE WORDS
"HIT THE GROUND RUNNING"???????
MY GUESS IS WE MOVE BIG IN FIRST WEEK OF APRIL......
i'M NOT EXPECTING MUCH TODAY BECAUSE OF THIS STATEMENT MADE TODAY..
"Our scientists and collaborators will be presenting at several upcoming scientific conferences and we look forward to sharing additional data supporting this effort."
DAMN, AND I WAS JUST ABOUT TO ASK YOU TO DANCE
SO WHO WAS TRADING ALL THOSE SHARES ??
37 MILLION YESTERDAY ...
STARTING TO SMELL LIKE 9/24/12 ALL OVER AGAIN ...........
GWEN..
I SOLD SOME AT 3.04 IN AH LAST NITE AND BOUGHT IT BACK AT 2.60 TODAY..
MY AVG IS STILL LOOKING GREAT AT 1.31 ............
SHAKE OUT .HANG TIGHT ....
THEN EXPLOSION ...IMO
PPHMP.. LAST TRADE $30.00
PPHM 3 MILLION SHARES TRADED 2 MINUTES IN...........
Senate blocks Obama's pick of Debo Adegbile for civil rights post...
Senate Judiciary Committee Holds Hearing On Judicial Nominations
WASHINGTON, DC - JANUARY 08: Senior counsel to the U.S. Senate Judiciary Committee Debo Adegbile testifies during his confirmation hearing before the Senate Judiciary Committee January 8, 2014 on Capitol Hill in Washington, DC. Adegbile has been nominated by President Barack Obama to become the next Assistant Attorney General for the Civil Rights Division at the Department of Justice. (Photo by Alex Wong/Getty Images)
WASHINGTON (AP) - President Barack Obama's choice to lead the Justice Department's Civil Rights Division was blocked by bipartisan opposition Wednesday in an emotional postscript to the long-ago murder of a Philadelphia policeman and the legal help his killer received.
The vote against advancing Debo Adegbile toward confirmation was 47-52, shy of the majority needed under new procedures Democrats put in place late last year to overcome Republican stalling tactics.
In this case, though, to the dismay of civil rights organizations, Democratic desertions played a decisive role in the outcome. Eight members of Obama's party joined all 44 Republicans in preventing a final vote.
Obama swiftly condemned the action. In a statement, he called it a "travesty based on wildly unfair character attacks against a good and qualified public servant."
Administration officials declined to say if they would seek a second vote in the hopes they could change the minds of a few Democrats. Majority Leader Sen. Harry Reid, D-Nev., is positioned to call for one after changing his vote to "no" at the last minute.
Adegbile, a longtime official at the NAACP Legal Defense Fund, was praised by supporters for his legal skills and critics leveled few if any objections to his record as an advocate for voting rights cases who has argued before the Supreme Court.
But Republicans, backed by the National Fraternal Order of Police, said Adegbile's connection with the legal case of Mumia Abu-Jamal disqualified him from holding high public office.
Shortly before the vote, Sen. Pat Toomey, R-Pa., read from a letter written by Maureen Faulkner, the widow of the policeman Abu-Jamal was convicted of killing. "Today, as my husband lies 33 years in his grave, his killer has become a wealthy celebrity," she wrote.
"Old wounds have once again been ripped open, and additional insult is brought upon our law enforcement community in this country by President Obama's nomination of Debo Adegbile."
Supporters of the nomination, including prominent civil rights groups and their allies in the Senate, sought to turn the focus to other instances in which unsavory or controversial defendants received top-shelf legal representation.
Sen. Dick Durbin, D-Ill., noted that a Founding Father, John Adams, "made the very unpopular decision to represent a British solider on the eve of the Revolutionary War." He added that when Chief Justice John Roberts was confirmed to a lower court position in 2003, "not one senator raised a concern about (him) providing pro-bono representation to a man who had been convicted of killing eight people and was awaiting execution on Florida's death row."
Supporters also noted that while Adegbile was working at the NAACP Legal Defense Fund in 2006, when it first intervened in the case years after Abu-Jamal had been convicted, the decision to join the effort was made by another official. In addition, they said that by then, the death sentence in the case had long since been overturned.
He was at the organization from 2004-2013, serving as director of litigation from 2010-2012 and later as acting president. The organization filed a brief on Abu-Jamal's behalf in 2006, and represented him beginning in 2011, near the end of a 30-year legal struggle that resulted in a lifetime prison sentence.
Republicans were relentless.
Sen. Mitch McConnell of Kentucky, the party leader, recited the details of Faulkner's death in detail. The policeman was "conducting a routine traffic stop when Wesley Cook - also known as Mumia Abu-Jamal - shot him in the back. He then stood over Officer Faulkner and shot him several more times in the chest.
"As Officer Faulkner lay dying in the street, defenseless, Abu-Jamal shot him in the face, killing him. At the hospital, Abu-Jamal bragged that he had shot Officer Faulkner and expressed his hope that he would die."
Abu-Jamal was originally convicted and sentenced to death in state court, but a federal district court vacated the death penalty in a ruling upheld by an appeals court and let stand by the U.S. Supreme Court.
Underscoring the political element of the controversy, Senate supporters noted that the judge who initially overturned the death penalty and two appeals court judges who upheld it had been appointed by Republican presidents.
Republicans hinted strongly the vote would play a role in the 2014 midterm elections for control of Congress.
GOP chairman Reince Priebus said in a statement that Abegbile had been "a convicted cop killer's most ardent defender," and said several Democrats seeking new terms in swing states had voted to advance the nomination.
The Rev. Al Sharpton, a prominent civil rights advocate, issued a statement that took the opposite view. The Democrats who voted with Republicans are guilty of "a betrayal that should not go unanswered," it said.
Apart from Reid, the Democrats who helped bottle up the nomination were Sens. Bob Casey of Pennsylvania, Chris Coons of Delaware, Joe Donnelly of Indiana, Heidi Heitkamp of North Dakota, Joe Manchin of West Virginia, Mark Pryor of Arkansas and John Walsh of Montana.
Pryor and Walsh are seeking new terms this fall, as is Coons. His state is close by the Philadelphia area, where the killing took place.
Vice President Joe Biden, who presided over the vote, would have been available to break a tie if one had occurred.
LEMMMMMMMMMMMMMMMY..........WHERE ARE YOU ....
I HOPE YOUR STILL HOLDING PPHM ............JAKE
After Hours Volume: After Hours High: After Hours Low:
410,058 $ 3.15
$ 2.73
Read more: http://www.nasdaq.com/symbol/pphm/after-hours#ixzz2v8DzJ7Rh
BIGGIE.......
BEEN IN PPHM 21 PLUS YEARS AND CAN'T REMEMBER IT EVER BEING POUNDED ALL DAY LONG LIKE THIS ...OF COURSE MY AGE COULD HAVE SOMETHING TO DO WITH IT ...LOL
IMO....... BIG ANNOUNCEMENT AFTER THE BELL .....$2.85 NOW
PPHMP....
$27.33
2.08 (8.24%)
Bid
27.33
Ask
27.41
B/A Size
200x200
High
28.00
Low
26.55
Volume
19,639 (Heavy)
NEW HOD.........$2.72
PAUL .....
I SOLD SOME AT 2.34 AND I'M TAKING MY GRAND CHILDREN TO DISNEY COMPLIMENTS OF PPHM ........GLTY
SORRY ...$2.20
$2.17
$2.10
The Inevitability of Obamacare for Illegal Aliens
You knew it was coming. I knew it was coming. When government expands entitlements, illegal aliens always end up with a piece of the pie. Obamacare promoters relented to GOP pressure to include an illegal alien ban on eligibility and vowed endlessly that no benefits would go to the "undocumented." But denial isn't just a river in Egypt. It's the Obama way.
In Oregon this week, officials confessed that nearly 4,000 illegal immigrants had been "accidentally" steered from the state's low-income Medicaid program and instead were enrolled in Obamacare in violation of the law. Oopsie. The Oregonian newspaper's Nick Budnick reported that the health bureaucrats "discovered the problem several weeks ago and are correcting it." Get in line. The beleaguered Cover Oregon health insurance exchange has been riddled with ongoing problems, errors and glitches since last October that have yet to be fixed.
Take note: This wasn't a one-time computer meltdown. Because Oregon's health insurance exchange website has been offline and its software architects under investigation for possible fraud, the Oregon Obamacare drones have been processing each and every application manually. That means nearly 4,000 illegal alien applications with "inaccurate" data somehow passed through government hands and somehow ended up getting routed through as new enrollees with Obamacare-approved full-service health care.
How many Obamacare services did these nearly 4,000 illegal aliens avail themselves of, and at what cost?
Does anyone believe the same incompetent boobs who enrolled them will be able to track down the nearly 4,000 illegal alien beneficiaries, "correct" the "errors" and ensure that it doesn't happen again?
What a slap in the face to the millions of law-abiding Americans who have lost their health care coverage and work hours thanks to Democratic-sponsored federal health care regulatory burdens and mandate costs.
One Oregon Obamacare manager defended the unlawful illegal alien enrollment by explaining: "We were just getting people into the services." And there's the rub. The imperative of these government social engineers is to herd as many "clients" into taxpayer-subsidized programs as possible. Just last week, Obama's Homeland Security Secretary Jeh Johnson publicized an open letter to families with illegal alien relatives promising that no one would be deported for seeking Obamacare services.
"No one in America who is eligible should be afraid to apply for health coverage because they have a family with mixed status," Johnson assured. And in another sign of how the White House is still planning for mass illegal alien amnesty, Johnson also made clear: "Enrolling in health coverage ... will not prevent your loved ones who are undocumented from getting a green card in the future or who do not yet have a green card at risk."
As always, California Democrats are at the forefront of busting open Obamacare for the illegal alien population. Earlier this month, Democratic state Sen. Ricardo Lara introduced a bill to extend health benefits and a special online marketplace to one million illegals under an Obamacare-style program subsidized by state taxpayer dollars.
In case you forgot, President Obama had already paved the path for illegal alien Obamacare when he signed the massive expansion of the State Children's Health Insurance Program (S-CHIP) in 2009. As I've reported previously, the law loosened eligibility requirements for legal immigrants and their children by watering down document and evidentiary standards — making it easy for individuals to use fake Social Security cards to apply for benefits with little to no chance of getting caught. In addition, Obama's S-CHIP expansion revoked Medicaid application time limits that were part of the 1996 welfare reform law.
Open-borders activists saw those provisions as first steps toward universal health coverage for illegals. They see America as the medical welcome mat to the world. Over the past year, they've ratcheted up public protests demanding free organ transplants for illegal alien patients. In Chicago last fall, they marched on a hospital with caskets and posters demanding scarce organs. One illegal alien blasted authorities for putting "paper over our lives." In California, illegal alien transplant patients count on federal incompetence and lax enforcement to abet them, because if they notify the state that DHS "is aware of their presence and does not plan to deport them," they are eligible for full-blown Medi-Cal coverage, according to the state.
Now, Obamacare peddlers from Oregon to New York and all points in between are rushing to sign up new "customers" in advance of the March 31 open enrollment deadline. How many more thousands of illegal aliens will be roped into the system? Remember: In the lexicon of the left, "accidental" is just another word for inevitable entitlement creep.
selected time period:
After Hours Volume: After Hours High: After Hours Low:
17,290 $ 1.93 $ 1.91
Read more: http://www.nasdaq.com/symbol/pphm/after-hours#ixzz2v1zspwx0
Obama delays the parts of ObamaCare you won't like until after election
Another wave of health-care plan cancellation notices was set to crash on voters this fall. But the Obama administration found a way to shut that whole thing down. According to The Hill:
As early as this week, according to two sources, the White House will announce a new directive allowing insurers to continue offering health plans that do not meet ObamaCare's minimum coverage requirements.
Prolonging the "keep your plan" fix will avoid another wave of health policy cancellations otherwise expected this fall.
The cancellations would have created a firestorm for Democratic candidates in the last, crucial weeks before Election Day.
The White House is intent on protecting its allies in the Senate, where Democrats face a battle to keep control of the chamber. [The Hill]
WHAT HARRY SAID......
Recently Harry Reid said this on the Senate floor (referring the Koch Brothers):
"It’s too bad they’re trying to buy America, and it’s time that the American people spoke out against this terrible dishonesty of these two brothers who are about as un-American as anyone that I can imagine."
Ok, but what are the facts?
OpenSecrets.org tallied the top donors in federal elections between 1989 and 2014. Koch Industries doesn't even place in the top 50, and actually ranks 59th slot, with $18 million in donations.
#1 is ActBlue, just short of $100 million (more than 5 times the Koch borthers, despinte not being founded until 2004). (from Wiki: "ActBlue is a United States political action committee established in June 2004 that enables anyone to raise money on the Internet for the Democratic Party candidates of their choice.")
Also in the top 10, these 6 unions:
AFSCME ($60.6 million)
NEA ($53.5 million)
IBEW ($44.4 million)
UAW ($41.6 million)
Carpenters & Joiners ($39.2 million)
SEIU ($38.3 million)
So Harry, please tell us again WHO is buying the country. Seems to me the left already has it purchased.
AT THIS POINT ANYTHING ........LOL
AND THE BEAT GOES ON , THE BEAT GOES ON ..
IT NEVER ENDS DOES IT ...
GJH..
I WAS ALWAYS AFRAID THIS WOULD TURN OUT TO BE ANOTHER PTSC SINCE THE SAME GANG WAS RUNNING THIS ..I HAVE BEEN HERE 21 YEARS THRU 2 REVERSE SPLITS AND STILL CLINGING TO HOPE AND PRAYER .......I BELIEVE THE ONLY REASON THIS SURVIVED ALL THE B.S. SO FAR WAS BECAUSE OF DR PHILIP THORPE.....THERE HAS BEEN MORE MANIPULATION HERE THAN ANY STOCK I HAVE EVER OWNED BUT I'M STILL HOPING FOR THE BEST TO HAPPEN FOR ALL THE SHAREHOLDERS AND ALL THE PEOPLE AFFLECTED WITH CANCER...GLTA
ABSOLUTELY TRUE BUT E.S. STILL PULLS THE STRINGS ..ALWAYS HAS ALWAYS WILL UNTIL A DEAL OR PARTNERSHIP IS MADE ....
STEVEN KING WAS PUT IN THIS POSITION BY E.S.
BECAUSE IT WAS EASY TO PULL HIS STRINGS TO DO AND SAY WHAT HE WANTS .
WOW .........BIG MOVE TODAY ITMN
http://ih.advfn.com/p.php?pid=nmona&article=61207702
IFU.
I LOOKED AND THE DATES AND JUST PASSED OVER IT AND THOUGHT IT WAS REAL .....
NOT SURE CP ..I GOT IT FROM YAHOO AND IT WASN'T THERE THIS MORNING