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This Company can't afford national TV advertising!!!
Does anyone actually think that this so called "high demand" is enough to make this a profitable Company? My guess is that we will see some increase in sales, corresponding with a large increase in Marketing and other expenses resulting in continuing large losses.
AND, I expect the balance sheet to remain a disaster with Defaulted Debt and very little cash.
We'll know these answers when the VERY late 10K gets filed and the 10Q gets filed (required to be reported by May 15th, which I'm sure it will not be).
Not a conflict of interest. Remember Dr Bharti is THE developer of the Metformin drug that CUBT acquired the patent rights to. He clearly wants it to make him famous!!
CUBT has the "A TEAM" with Dr Bharti AND Emily Chew!!! It's taken MUCH longer than expected, however complete confidence that this program will be VERY successful!! Getting much closer!!
Congratulations to Kapil Bharti Ph.D; a member of CUBT's Scientific Advisory Board, as he has been appointed to Director of National Eye Institute's Intramural Research Program.
https://www.nei.nih.gov/about/news-and-events/news/bharti-appointed-director-national-eye-institute-intramural-research-program
From OTC Markets Security Details......
Short Interest
3,852,266
(0%)
04/14/2023
We've seen links to this interview repeatedly!!!
Without CASH and with DEBT that's been defaulted on small increases in sales are meaningless.
I guess we'll see the increases in sales when the replacement auditor completes the 10K that was due a month ago and when the 10Q gets filed on May 15th.
We will also then see the cash position and the debt!! We'll also see the cost of sales including marketing expenses.
I assume the "they" you keep referring to in these statements are insiders who are NOT ALLOWED TO BE SELLING. There is NO conspiracy here to get stock higher to sell someone's shares. Perhaps it is as simple as just the way it looks; there are more buyers now than sellers.
Remember: When it gets to 4 cents you promised to sell all your remaining shares!!
FYI... This is ALL PAID FOR exposure.
This old interview in a perfect example of Nancy Duitch promoting product. She is an excellent salesperson. Is she CEO material??? Is she transparent? Does she EVER answer the difficult financial questions surrounding this Company? Did she have her personal monies due from CURR paid from the proceeds of the patent asset sale, while the IONIC debt is still in default and the Company is very short on cash?
The 10K will have to state that Avenir has a $2M receivable from its sale of assets. It probable will name the Company that owes Avenir the funds and it probably will not state that Rob Davidson is its President. Of course JMO; the new auditor may force that conflict of interest disclosure.
Nancy Duitch is an excellent promoter; she has not shown she is capable of running a Company. She is a Promoter (of product and attempting to promote the stock almost daily), She's not a CEO!! A ridiculous amount of money is being spent poorly to try and promote this stock.
The real issues of Avenir NEVER get addressed!!!!
Even increased sales are not enough to overcome this Company's problems. Debt issue need to be resolved, monies raised (which in my mind will require a reverse split at that time).
Rob Davidson put this Company is a real hole with the ridiculous Ionic financing and he was warned that it would do so at the time.
100%!!!!! With the new auditor; I doubt the 12/31 10K will be filed by then.
There's $2M still owed to Avenir by the Company that bought the patents; of which Rob Davidson is the President!
Yes; the patents were sold to a Company that Rob Davidson is President of. He's also Chairman of Avenir. Yes; you heard that correctly!!
Even if they get the $2M due them from Rob Davidson's Company it will not be nearly enough.
WRONG!!!! I fully explained yesterday's trading. There was a 500,000 share BUYER!! He moved up his bid twice to get to a point that someone sold stock to him. It's really that simple.
You looking at whether the stock traded on the bid or offer doesn't properly explain that there was a BUYER for 500,000 shares yesterday that twice moved up his bid to get shares.
The conspiracy theory of market maker manipulation doesn't hold water just as other conspiracy theories didn't either.
I explained today's trading precisely. You're allowed to believe anything else.
Your numbers are inaccurate. How about a buyer stepped up today to BUY 500,000 shares and was followed by other smaller BUYERS.. That's the simple truth!!
Let me try to clarify the trading so as to end the bickering:
This morning there was a BUYER who posted a .0164 high bid for 500,000 shares and bought none at that price. The BUYER then went up to .0166 bid and also bought no shares. The BUYER then went and took the .017 offering for about 45,000 shares and bid .017 for the balance of his/her order. At that price the buyer's bid got hit by a seller.
So; in summery, there was a BUYER who wanted to BUY shares AND then a SELLER @.017 who was willing to sell shares at that price.
All this PROMOTION will not help shareholders! Auditor resigned for specified reasons in 8K, AND Company is in DEFAULT on debt. Why would anyone buy this stock until these issues get resolved?
AND furthermore, I believe Company is on cash fumes. We'll all see it in the 10K and the 10Q. BTW; the 10Q is due to be filed by May 15th for the first quarter.
HUGE GROWING MARKET!!!
Pfd B are also subject to RS.
OLD NEWS!! That presentation was yesterday.
The PFD C is owned by 4 insiders. According to S1, it will will converted to common prior to uplisting and also then subjected to RS.
Patience is a virtue!! Yes; this might have tested our patience, however, I think the end result will be worth it!!
This stock reminds me of a famous song written in 1946; ALL SHOOK UP. Lyrics are "You load 16 tons and what do you get? Another day older and deeper in debt".
Someone PLEASE post whether Nancy discussed the RESIGNATION OF THEIR AUDITOR or the DEFAULTED IONIC DEBT.
MY GUESS; IT GOT SWEPT UNDER THE RUG!!!
IS THIS A TRANSPARENT PUBLIC COMPANY??? OR DO THEY JUST TELL SHAREHOLDERS WANT THEY THINK THEY WANT TO HEAR???
Why are those the only two choices?
Why is it that no one ever comments on the size and opportunity in the AMD market that CUBT's eye drops will address. The only comments here are about the stock trading. The market opportunity is GIGANTIC and I have a feeling the wait will be very worthwhile.
When this stock trades past 4 cents and the negative posters have all sold; this stock will be first beginning to make its move and posters will be kicking themselves for missing the real opportunity. Yes, it's been long in the tooth, but I don't believe the opportunity has past CUBT bye and I believe it's only getting bigger.
NIH didn't sign the CRADA with CUBT unless they believe this drug is a vastly superior product.
Why the hoopla over the new auditor?
The prior auditor RESIGNED because it found shortcomings in CURR's accounting and would NOT certify the financial statements. NEVER GOOD NEWS!!!
Delinquent with SEC
As of now 10K still NOT filed!!
The key to me will be the balance sheet and the cash position as well as the comments about the DEFAULTED DEBT.
Won't have to wait long now.
NO!! CURR filed an NT 10-K to get an extension on the annual 10K on March 31st. That extension gave them 15 calendar days to file the 10K. That 15 day grace period is up today. I'm sure it will be filed by end of day today.
The 10Q is due on May 15th, They could file an extension for that on May 15th by filing an NT 10Q
HIP HIP HOORAY!!!!
10K MUST be filed on Monday!! Anxious to see it.
Keep your eyes on the balance sheet!!!
For this stock to go up in needs to:
1. Resolve Defaulted Ionic debt
2. Reverse stock split
3. Raise needed monies.
2&3 probably happen simultaneously, but not until #1 is resolved.
There will be a time to buy this stock but not until #1, #2 and #3 are ALL done!!
I'm afraid that "good revenue numbers" are not enough to brighten things up.
That might give those bullish on this Company some amount of support, but it's not enough as long as they still haven't dealt with the Defaulted debt. This Company needs money and I don't see how they get it without resolving this debt issue first. No one will finance the Company and no one intelligent will buy the stock.
Bulls could pound the table; it just won't be enough.
CURR claims Ionic acted as a broker/dealer. This was a HORRIBLE deal from the beginning that should NEVER have been done however CURR was desperate for money at the time and ignored all the consequences and also ignored all advice that was given to them. The Board signed off on a VERY bad deal!!