Mccping
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Where the hell is the bottom?
After a quick look ya this stock is broken gotta be how management is perceived?
The SEC issue is a big problem. Can you post a link for the 10-Q not on my etrade or yahoo site?
Were is the 10Q ?????
I don't see a quick hit here it looks like a long term make or break right about now.
The earnings should be out tomorrow or Monday
You don't have an SEC fraud investigation with out a lawyer sniffing around! I made the BOD comment weeks ago. I emailed them and will see what they have to say.
I figured this was coming the board needs to act like a board.
Thank you very much
Yes now you get it none of it makes sense needs an explanation! So does the SEC issue!
Any details they can provide on the split would be good and also what does the future dilution look like, and why did they release the 15 mil before milestone?
Also ask about the plans on the reverse split as there is a huge spread of option between 1-5 and 1-50
That's a great start
This thing is dead ahead of the meeting. Who was going can you ask what the real plan is for the SEC investigation? The way it is described is exactly what happened what's the defense? Also are there any future plan to possibly work with a big pharma (all ready know the answer no). I done think these guys want to share with anyone greed can kill this thing.
It's not just the RS it's the SEC and this woman is not the big name we are looking for.
Good news and all they can muster up is 8k in trades?
Amy M. McCord, Ph.D. Anyone find anything on this woman that looks good?
The problem with a run is I do not see volume with this SEC thing hanging over their head! Would you buy right now?
Very good explanation of the deal. Looks like Mona had to be involved in the valuation/transaction.
Thank you Det
Yes that is correct and they need to defend vigorously but the CEO should step down while that is going on to show credibility of management to the shareholders and investment community.
You hit the nail on the head they put themselves before the company the technology and the shareholders!!! Management has lost all respect from the market at this point.
I am saying there is no confidence in our management right now. To come out and say they are going to vigorously defend the claim by the SEC rather than having the CEO step down until completion is not what should be done. IMO
That's why they want to give you 1 for 50. They think they can control the manipulation. Look at the number of shares AXIM has and their share price. It's not the # of shares right now.
If the CEO resigned and they got a top person we would rise and maybe get some interest. The potential is huge and the BOD needs to make good decisions regarding this situation.
It happened three years ago and does not affect the companies value today but all the dilution and over compensation for a startup is total BS. They look like pigs!!
That's why they need a 50-1 and your probably not going to get them with Mona at the helm. Mona needs to step down and they need to connect with a big player because there are many more application possible these guys don't have the reputation or the clout to get it done. Look at the stock price!
I agree with what you are saying the CEO needs to resign or the board needs to vote him out. If you do not understand filings why are you running a publicaly traded company? The account is the one that should have explained it to Mona because it has to do with the numbers not the filing verbiage. He knew what it was worth and did correct after three filings.
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The price didn't go up because people aren't comfortable with management. Get real the product is good that's not the problem here.
Did you read the filing they fixed the report in the fourth quarter after filing 3 consecutively incorrect that's their issue. The SEC does not file unless they have a case. I see what they did and it does not change the valuation today but the SEC complaint certainly affects the stock price. I agree this should be the bottom but the big RS is hanging the SEC is hanging more dilution is coming and they continue to take big money out of a start up stock company and print shares.
Looks like the letter didn't help? This board has a fiduciary responsibility to the shareholders.
I have no idea where this goes now the cloud the SEC put over this stinks. Why would Mona overstate for 3 quarters?
If Mona is cleared he can come back they will use our money to defend this as well.
Mona needs to step down until the investigation is complete. The board of directors needs to do the right thing they are directors not a good old boys club. If they act negligently with this matter there will be a big D&O law suit waiting foe them.
Looks like this great news means nothing overshadowed by the SEC news!
Way to go boys!
The biggest problem with the way they have run this company is the constant dilution. The SEC notice will hold this down for a while unless they cut Mona loose he pays back the 10k and give the shares back. I hope the board act quickly with the Mona situation?
It's very good if the sec had not come out with Mona news Friday we would be rocking.
They took it down 18% on less than 100k
They are dropping the bid and ask watch your limit orders if you have any they will clean the bottom quickly this am.
It should drop early but this really does not effect the company today. Mona will have to pay the fine get out of the company and give shares back. Maybe with Mona gone they can get real with compensation and options. The potential is still here they just need to start running the company like a public company.