Goooo Awaaayyyy!!!
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Great, now another reverse split coming. Now my .5 shares at $25,000/share will become .1 shares at $125,000/share.... lol but hey, I'll get .1 warrant to help cover my losses.... lol
Sorry, but ""sold the shell" and "merge" can be used interchangeably" just isn't true. Why did they use merge instead of sell in the LOI? Why use merge instead of sell in all the updates up until yesterday? Why did they not change the wording in their successful mergers of AVVH, SNRY, SMEV and MDCE in yesterday's update? FBCD was the only shell from yesterday's updates that was not described as a merger. Why? Because the merger failed and they just sold the shell, that's why... That part isn't vague at all....
That may be, but to myself and others, that is not the case. Hence the price drop. Plain and simple, this has been a disaster since SSM unloaded it to Krisa. What started out looking so promising has turned into failure, upon failure, upon failure by Krisa. The share price decline represents this perfectly, with some mixed in manipulation along the way of course. LOL The only good news from that update is that soon, Krisa will no longer be involved. Good riddance!!!! GLTY
Unless the new owners prove me wrong, .0001 is the only price I will pay for FBCD at this point...
We were supposedly waiting on news about the audit needed to complete the merger. Instead, yesterday's update showed Krisa couldn't get the audit or merger done so they just gave up and sold the shell. We got merger failure news, not audit or merger completion news. Unless the new owners are better than SSM and Krisa(not a very high bar), this is headed back to triple zeros as the truth sinks in.... FBCD is a POS shell, with serious problems, that no real company wants, or can, merge with.... GLTY
Clown, buffoon, moron.... call me what you want, but I was proven correct about today's dumpfest.... the gig is up now, more dumping will follow until the new owners prove they're legit, which I will predict they're not.... nothing but BS and red flags up until now... GLTY
Today's update was just another red flag there is something seriously wrong with this shell. What happened to the merger? And the audit for the merger? Instead, they sold the shell? What a joke this has turned out to be.....
Let the dumpfest begin....
Monday will be a dumpfest. Guaranteed....
More cash on hand than market cap of whole company....
AEZS is doing EXACTLY what they announced on 2/2/21. The share price should have never skyrocketed from that announcement of evaluating a "preclinical potential COVID Vaccine", which is what they're doing right now. Even if the testing is abbreviated, which they think it might be, nothing they have said insinuates the pill isn't years away. You mislead yourself.... your frustration is misplaced.... that's all.... GL
LOL Too bad you didn't see this 2 weeks ago and before when you were wanting shares in the .60s range, not worried, 100% agreeing with livendi and pumping AEZS.... LOL
Too funny...
Trading halted After Hours....
Will be back to .0001 this week.... I'll gamble then....
Excellent!!! I'm a garbage man. I'm here to pick up the garbage. I've got my garbage truck backed up and I started filling it up today at .465...
One man's garbage is another man's treasure!!! Hopefully!!! LOL
The company had to be audited to become compliant with the SEC and stay listed on the OTC. How can this need audited again for this merger? So all those "Attorney letter with respect to current information" filings are meaningless?
I can see from your 2 posts that your DD on BSRC, I mean NEWH, is sorely lacking.... GLTY
Careful... the RS phase of the cycle is approaching again as well....
CBYI NFT dumpfest continues.... LOL
CBYI NFT dumpster fire continues to rage....
Soooo, since AEZS hasn't delayed or postponed any milestones, confirmed yesterday they're right on track with P3 DETECT trial, you're saying AEZS has good management. Nice!!! LOL
Still on track for July 2022 completion...
$25-30M might be considered pathetic, but it's growing and it comes with a $4M milestone payment. At $40M, AEZS licensing revenue % increases to 15% for sales over $40M. At $50M, they get a $10M milestone payment. I believe we're going to get that $25M milestone payment this year setting up 2022 to be a really big year with sales climbing and P3 DETECT completion with successful results.... I'm still a buyer....
What??? Zero revenue??? LOL Keep'em coming.... LOL
I've said from the beginning it's about Macrilen sales and that's why I'm here. I have never hoped or believed in the quick COVID vaccine fantasy nor did I hear anything from AEZS that made me think that a oral vaccine pill wasn't years away. I would be happy with a COVID vaccine pump to $12 though...LOL
I have absolutely, and wrongly I might add, believed Macrilen sales would come faster and bigger, but Macrilen sales ARE picking up and it's looking like they're headed for around $25-30M this year. $13M so far... $40M in sales is the magic number. If sales growth continues, we'll hit that next year for sure. I see no upside in share price without some other positive news or until people start to believe Macrilen sales will pay the bills... Or another "miracle coming" pump and dump...LOL
Macrilen sales...Macrilen sales...Macrilen sales!!!!
Raising all that cash by diluting shareholders by 100M shares over the last year and a half, from 19M OS to 121M OS, is now a major problem considering NASDAQ listing requirement issue, P3 DETECT trial not due for completion until H2 2022 and nothing else meaningful to report until H1 2023.
I'll say it again.... Macrilen sales...Macrilen sales...Macrilen sales!!!! Without Macrilen sales, no chance of SP going anywhere but down as they burn through all that cash....
They better hurry up and start cancelling shares like they did with AVVH then.... cause we be goin' the wrong way..... LOL
So there you go....Chlamydia is the undisclosed field for vaccine... page 5 of the presentation.
For me, using Schwab, MOPN is close position only now... What is everyone else's brokerages doing?
If we continue to go lower from here, AEZS will have more cash on hand than market cap... Getting juicy.....
Well they came sooner than expected....
Not a chance. They'll get it next week. For the notice you are posting; January 8th, 2020 was 6 business days from the 30th day their share priced closed below $1. We are now 1 day past the 30th day this time....
Oh, I agree 100%!!! But it is going to give the share price a sizable haircut unless we get back to $1 in the next 2 weeks, making the notice meaningless...
Today's the day... We don't close above $1 today, we get a delisting notice from NASDAQ within 2 weeks, 100% lock guaranteed....
Tomorrow will be 30 consecutive business days under $1.00/share... The delisting notice cometh.....
Not really. I agree it will be perceived so though. Assuming we don't get to $1/share by the time we actually receive the notice, my guess is it will cause a 30% haircut in the share price over a few days and 50% by EOY with no good news. But if you understand the share price here is completely manipulated, by who and why, then it will possibly create a nice opportunity to make some serious money. There are way too many possible positive catalysts over the next 18 months and they have way too much cash for the share price to stay under $1/share for the 18 months they will have to regain compliance without doing anything crazy, like a RS....
Seriously, P3 Macimorelin DETECT study will be completed and results reported in that timeframe.... Hell, I'll bet P3 enrollment update alone gets this to $1/share... No way this stays under $1/share for 18 months.... well, P3 DETECT failure would do it... LOL
https://www.clinicaltrials.gov/ct2/show/NCT04786873?term=NCT04786873&draw=2&rank=1
4 days including today to close above $1.00 or we get a delisting notice...
Going sub penny today....
After today's AVVH merger news coordinated sell off of AAPT, AVVH, IFAN, and FBCD and from FBCD's performance since 5/25, I have to ask, by chance, does the SSM in SSM Monopoly Corp stand for Serious Stock Manipulators? LOL
Yeah, I had my times mixed up. It's 10am PST...Sorry...