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Which means it’s higher than it was at market close Friday (therefore it’s higher). It just touched an all-time high yesterday and pulled back slightly ( a healthy move). Like I said the trend is still UP.....not down. Learn some T/A.
The Trend is UP!! I'll keep you up to date.
Yeah you bet! LOL Bitcoin at a new all-time high. Lmao!
Hayward you SUCK! What is your "Doctorate" for?? Incompetence??
Booming volume 36,021....LMAO! Well to quote a saying from "The Grinch Who Stole Christmas"...."STINK..STANK...STUNK"!!
Love this sideways action...Bollinger Bands beginning to tighten!
Khiron currently trades at a market capitalization of $42 million. Take out the approximate $30 million cash on hand (after the recent "Offering") and this currently trades at a market cap. of $12 million.....ridiculous! There are OTC "pink" scams that trade for more.
Khiron is in need of respect here and deeper pockets $$$ driven by increasing sales. "Potential" means nothing without Revenue /sales.
At this point I would rather be paying up for shares.....not less. Need PR's with dollar (sales) signs in them....not "talk".
I looked...there are no SEC filings regarding "Insider buys".
The "Offering" to raise capital (underwritten by Canaccord Genuity) was officially closed late November.
https://www.marijuanamoment.net/
Mexican Cannabis legalization delayed.
Obviously COVID-19 affected revenues here. Khiron has done a credible job increasing their coverage into multiple countries. Patient counts have increased and I believe in the coming quarterly reports revenues should start jumping. I believe mid to late year 2021 Khiron will be cash flow positive.
On a side note I believe ( watching Market Maker action, especially OTCX and VALX) they have manipulated this stock even during recent weeks when Volume has increased. HARD ASK slapping is needed here IMO. Will need a significant jump in Revenue $$ as a catalyst or a good old-fashioned "pump job". Vaccine access in South America wouldn't hurt either. IMO.
Absolute dumpster material here!
You are correct! $8.51 was share price when S-3 was initiated. Appears to be an “ATM” (At The Market) transaction where shares may be sold from time to time. No definitive share price.
Yep! Link at post #1964.
Alvaro impressed me with his vision and motivation to build Khiron listening to conference call. A lot of positive developments. He can sell that much is certain. Revenue and PPS should appreciate this coming year. Hopefully the pandemic isn’t too much of a hinderance and South American countries don’t have to wait too long for a vaccine.
https://www.marijuanamoment.net/house-approves-federal-marijuana-legalization-bill-in-historic-vote/
Good luck trying to get the Senate to pass it. Wonder if this attempt happens after the Georgia "runoff" for Senate seats.
Topline revenues decreased from last year. Not Solid, but they (like many others) got F@cked by Covid-19. IMO.
Positive note: patient numbers have increased dramatically.
Definite uptick in the volume....still pushing hard after-market.
Nice grind upwards here on lower volume.
Tired of seeing the manipulation occurring with Khiron's PPS. Recent volume increase is encouraging.
Need a breakout quarter here to gain some attention.
https://investors.khiron.ca/investor-information/news-events/press-releases/detail/191/khiron-life-sciences-announces-closing-of-14-49-million
The offering closed this past Friday 11/27. It's a "Bought Deal" meaning the "Underwriter's" assume the risk of selling for a profit. The two offerings from early 2018 were expressed in Canadian dollars so I assume the same here for this offering. 45 cents Canadian converts to about .347 U.S. dollars. Doubt they will be selling anytime soon. It's unit has a warrant attached convertible at .75 within 5 years.
I'm hoping for a significant revenue increase in the upcoming quarterly. Hopefully the Underwriter's of this offering see the same.
They have been selling during the PPS run up according to my TD Ameritrade account. Don't know how much they sold but the Outstanding share count currently sits at 18.49 million. It was less before this recent run.
Classic Ault move. Mr. "Toxic Debt"!
Will they follow this “PR” with an 8-k ( to verify it’s not BS)?
Reverse split would be ridiculous. A capital raise at a higher PPS more logical. With the low float here a capital raise selling 20 million shares in the dollars range wouldn't do damage. If anything it would eliminate doubt from an investor's standpoint ensuring CNBX remain a "going concern".
Looks like some insider share dumping going on. BEWARE!
Been hearing this for months and months...when is it going to run? Sounds like a broken record lol. Keeps going down down down.
You're proving my point for me .....this is a POS.
Every time you're "investing" (short or long term). Keep "learning", hopefully you'll get the hang of this. Good luck it sounds like you need it.
Traded this POS many times son. It's DONE. Sorry for your desperation to hope this will run again. How far are you in the RED BTW? Buy too high post split (again)?
WARNING: DO NOT BUY THIS POS! Friedman is looking to take your money....not build anything of true value. Going sub-penny if Friedman doesn't prop up his own BS.
What would $100 be worth today if you had invested it in Friedman's BS 10 years ago.....answer is pennies (if you're lucky). Talk about following a bullshitter.......Friedman is the definition of BS. Well you know what they say...."Birds of a feather flock together". Talk about endorsing a BS POS. LMAO. NO volume= NO interest in this BS machine. 155,739 in volume on this POS lol.