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sdubs, once again an unwarranted ASSUMPTION on your part. Call Len Chaikind, his phone number is on the site, & ask him why his funders refuse to finance ATKJ. Do some accurate DD, all it takes is a simple phone call, instead of your usual speculative assumptions. Make the call, & post what Chaikind tells you, or perhaps you, like nano, don't want to know the truth????
nano, It is fine to post your OPINIONS, but when you post them as FACT, such as Chung has full control of the Tubercin agreement with SCG, you are wrong & it shows that you have little grasp of the truth. It appears that you are an uninformed pumper that knows little of what the true facts are. That you continue to post IICC website reference to ATKJ, that has not been updated since last NOV, is another example of your very poor DD. Call Chaikind & ask him why his funders refuse to finance ATKJ, instead of trying to deceive this board that IICC will fund ATKJ. Post Chaikind's answer on this board. Opinions are fine, but posting them as FACTS undermines your credibility.
nano, you need to get your facts straight.The rights to market Tubercin have nothing to do with patent ownership. Chung owns the patents to Tubercin. The agreement with SCG to market Tubercin can only be canceled by SCG not Chung. Call Gerry Knight to confirm that you are living in "Alice in Wonderland" as you put it. Don't continue to post what you "think" has to be true, because your "thinking" is wrong. In addition you continue to "think" that IICC is going to finance ATKJ. Wrong again. Call Len Chaikind & ask him why his funders won't finance ATKJ. You need to do better DD on this company.
nano, you are WRONG about Chung being able to cancel the agreement with SCG. Only SCG can terminate the agreement with Chung. If you don't believe me, call Gerry Knight or Shinn & ask them. Also call IICC's Len Chaikind & ask him why his funders REFUSE to fund ATKJ. You need to get your facts straight about SCG & ATKJ.
nano, Chung can't cancel, only SCG can cancel with Chung. SCG owns the rights to Tubercin, NOT ATKJ. ATKJ has nothing more than a sub license that can be terminated at SCG's whim, for any reason, just as SCG did with HTDS. What good is it for ATKJ to have an SA as Shinn & Knight have failed to move Tubercin forward & CAN'T raise any money to finance ATKJ? Call IICC, talk to Chaikind & ask him why his funders refuse to finance ATKJ. Shinn & Knight don't have the skills to manage a public company & that is why, after almost a year, ATKJ has accomplished NOTHING. Sad as it is to say, had HTDS been awarded the rights to Tubercin, Tubercin would not be in limbo as it is now.
More Offil incompetence. SCG has had a motion for partial summary judgement in the OK court since last Nov, yet the court has taken NO ACTION on the motion. HTDS files a motion for summary judgement about 2 weeks ago & the HTDS lawyers have a hearing scheduled for the HTDS motion April 27th. Offil has failed SCG in every instance. Offil & SCG were DEFEATED in Hurely's court as the SEA was ruled to have closed as HTDS claimed it did. SCG lucked out with the SA termination clause or it would have been a TOTAL defeat for SCG & HTDS would now have Tubercin. Offil, continuing to suck money from SCG, then sues the US Gov. in Colorado (The Veterans Affairs center that did the Tubercin testing is a US Gov. agency) even though he knew he had NO WIN against the US Gov. Offil then withdraws the complaint against the US GOV that he never should have filed in the first place. The Colorado litigation has produced NOTHING for SCG. All the while, Shinn, who is a total idiot, has been paying Offil for his incompetence. The only bright spot is Hurley ruled SCG has the lawful rights to Tubercin because of the SA termination clause. Almost a year has past & SCG & ATKJ have FAILED to raise funding & have done NOTHING to move Tubercin forward. What a trio of incompetents to manage a public company: Offil, Shinn & Knight. It doesn't get much worse than that.
jaracta, did you call Chaikind & ask him why IICC won't finance ATKJ?
sdubs, the reason the OK court re opened the SCG case against HTDS was that the Federal court hearing concluded. The OK court knows the Federal Court ruling is being appealed. If the OK court is waiting for the appeal to be settled before it decides to rule, then it wouldn't have agreed to hear SCG's motions until the appeal was settled, as it did with the Fed Court trial. The reason that Offil moved to dismiss the defendant researchers in CO was that Offil was actually suing the US Government & Offil knew he had NO CHANCE to win. Only an idiot like Offil would try to sue the US Government in a case like this.
sdubs, you stated: "Also, legal documents submitted in the colorado case revealed that HTDS disobeyed a direct Oklahoma court order by sending the Tubercin in its possession to Colorado for testing. (Oklahoma lawsuit was filed 2/2004 evidently before CO research.)". Where did you see that court order & could you document it please. Assuming that OK court order was issued, why hasn't the OK judge sanctioned HTDS & granted SCG summary judgement???
sdubs, if Offil is such a terrific lawyer, why has the OK litigation dragged on for so long? SCG made numerous motions for summary judgement but the judge has ruled on NONE of them. Just constant postponments, with both sides playing ping pong by constantly filing motions, but NO DECISIONS on anything. Offil lost the SEA decision in Hurley's court which SCG claimed legally didn't close, but was ruled to have closed. The only thing that saved SCG from total defeat in Hurley's court was the SA termination clause. In addition NOTHING has come out of the Colorado litigation. Offil is sucking Shinn dry with legal fees & Shinn is a total idiot for allowing this. IMO Offil sucks & has accomplished NOTHING but defeat for SCG.
nano, a complete change in the terms of the SA will do the trick. First, the right to terminate the SA for any reason must be eliminated. Funders must be totally assured that another HTDS fiasco can never happen with ATKJ. ATKJ has to get off the gray sheets & on to the BB, which would require ATKJ to become a fully reporting company. The SA requires that in the event of funding the money must first go to SCG to pay for the SA. That must change. ATKJ has to get new management that has proven experience running a public company. Management that knows how to get things done & move Tubercin forward. Gerry Knight is a total waste, with no managerial talent & not very bright. Knight is NOT the man for the job. If these changes were implemented, ATKJ would turn into the winer it should be. What are the chances of these changes happening? After observing Shinn's actions for the past couple of years, the chances are very slim.
jaratca, interesting that you think Shinn would be liable for sanctions if he resigned from ATKJ,returned his ATKJ shares & terminated the SA. He did exactly that with HTDS, yet Hurley ruled no sanctions were warranted. Why would it be any different if he did the same thing with ATKJ? I'm not saying he will, but the possibility is why Shinn can't raise money for ATKJ. As for Knight, I have taked with him many times. Don't believe a word he says. He is nothing but a figure head that has no power. He is just like King, except he is not very bright. He talks about all sorts of things that are supposed to happen but they never do. He is the "King" of ATKJ. IICC will not raise a dime for ATKJ until the terms of the SA are changed. The IICC website listed it's interest in ATKJ last Nov. It has not been updated since then. Call Chaikind now & ask him why he hasn't raised money for ATKJ. What does "preserve the IP of the original license" mean? What is Shinn's phone number???
jaracta, thank you for comfirming that Offil owns no ATKJ shares. He would be a fool to be paid with an illiquid stock that has no real value. Offil told you that if Shinn terminated the ATKJ SA, he would be liable as Shinn is a director of ATKJ. There is nothing to stop Shinn from resigning from ATKJ as he did with HTDS & terminate the ATKJ sub license as he did with HTDS if he wanted to. The odious terms of the ATKJ sub license with SCG, would leave any funders for ATKJ in a very vulnerable position as Shinn could terminate the SA with ATKJ & the funders would be left with nothing but an empty shell just as HTDS was. This is the reason why Shinn will never get funding for ATKJ. This was was clearly illustrated by IICC not providing funding to ATKJ. IICC was very interested, but the terms of the SA caused IICC to dump ATKJ.
sdubs, now you admitt that you are "concluding" that Offil is being paid with ATKJ shares. Just an opinion but no facts to back it up. That's OK, but I don't think that is the case. SCG can terminate the Tubercin sub license any time SCG chooses to do so leaving ATKJ just an empty shell. Shinn, who controls both companies has not done ANYTHING to move Tubercin forward with ATKJ. If I were Offil, I would want to own part of SCG as SCG has full control of Tubercin. What is to stop Shinn from rasing money for SCG to move Tubercin forward & freezing ATKJ out? What if Shinn takes SCG public to move Tubercin forward? The odious terms of the ATKJ sub license makes raising money for ATKJ almost an impossibility. SCG is the company I would want to have an interest in, NOT ATKJ, which could disappear tomorrow. I do agree that HTDS will lose the appeal. No way HTDS will ever have Tubercin.
sdubs,Offil is an "interested party", then he may be a shareholder of SCG. ATKJ is NOT a party to this litigation so as an "interested party" why would you conclude that Offil is getting paid for his services with ATKJ shares? Shinn may be paying Offil with his own money & may have given Offil a stake in SCG but not necessarily ATKJ.
sdubs, you are making an unwarranted assumption that ATKJ will spike if HTDS loses the appeal. Remember that ATKJ collapsed after Hurley's ruling that SCG was the lawful owner of Tubercin. ATKJ will spike when/if Shinn gets funding for ATKJ to move Tubercin forward. This will never happen unless/until the odious terms of the Tubercin sub license are changed. Offil is not taking ATKJ shares for payment of services. He is to smart for that as ATKJ shares have no liquidity or any real value. Offil did NOT win the case for SCG in Hurley's court. Hurley ruled the SEA closed, a stinging DEFEAT for Offil & SCG. SCG & Offil lucked out & won the rights to Tubercin ONLY because of the right of termination in the SA. This same right of termination for any reason in the ATKJ SA is the reason Shinn can't raise funding for ATKJ. SCG & Offil backed into the win. It had NOTHING to do with Offil being a superior litigator, just the opposite is true.
sdubs, what makes you think Offil is an ATKJ shareholder? ATKJ is in no way a part of any litigation. SCG is the company involved. It is very doubtful if Offil would accept ATKJ shares as payment for services as ATKJ shares have no liquidity & no real value. Remember there are two Shinn companies, SCG a private company totally owned & controlled by Shinn & ATKJ a public company partly owned by Shinn. ATKJ is nothing but a sub license holder of Tubercin granted by SCG. This sub license can be canceled by SCG at any time, for any reason. SCG is a whole other ballgame. SCG has full control of Tubercin & has the legal right to grant & cancel sub licenses for Tubercin. That is why Shinn can't raise any money for ATKJ & never will, unless the terms of the sub license are radically changed.
jacarta, Shinn has blown the chance to get funding threw IICC because Shinn refuses to supply important information to the funders. Until Shinn does, & that includes changing completely the terms of the SA, Shinn will not be able to raise a dime.
sdubs, suing the "goverment defendants" shows how stupid Offill & Shinn are. SCG was suing the US goverment & SCG was in a no win situation. That is why Offill filed the dismissal. Suing Shapiro has alienated him & Shapiro will have nothing to do with Shinn or SCG. Utter stupidity by Shinn, but good for Offill, as he bled Shinn for more legal fees.
sdubs, I think your take on this dismissal is wishful thinking. Shinn made a big error by filing the Colorado & OK law suits. Shinn got conned into this by Offill, who is sucking Shinn dry with legal expenses & Shinn is stupid enough to let him. Shinn should do his own testing, but he can't because he can't raise the money even though the court stated that SCG owns Tubercin. Shinn & Knight have very bad reputations & if there are no changes in the terms of the SA with ATKJ, there will be no funder. Shinn & Knight have blown the opportunity with IICC, their best chance for funding for ATKJ. My guess is that the OK court will find against SCG, which may be the best outcome for ATKJ shareholders as that would end these law suits & force Shinn to move Tubercin forward on his own. Can Shinn accomplish this?
billbuck, King commited fraud by not telling HTDS shareholders that the sub license for Tubercin was canceled in 2003. That is why HTDS lost Tubercin & will never get it back & that is fruad on HTDS investors.
billbuck, you just don't get it, but that is to be expected since you are an HTDS shareholder. Wait & see that the real fraud was committed by Katz, & King.
billbuck, the SEC is investigating the manipulators not ATKJ. TKJ was just a tool used by the accused to manipulate the stock price. The SEC is not investigating ATKJ. If they were accusing ATKJ, Shinn or Knight, they would have been named as defendants, which they were not.
The SEC is investigating the supposed stock manipulators. The SEC is not investigating ATKJ, Shinn, or Knight as they are not party to the investigation. Much to do about nothing & has nothing to do with the ownership of Tubercin.
ADXS train is leaving the station. A quadruple bottom was formed with the recent test of the .17 level. The stock has now broken through the 50 day moving average that trapped the it for over 6 months. ADXS now trading at .24 a gain of 41% in a weeks time. ADXS very undervalued as phase I testing to begin shortly.
sdubs, the motion for partial summary judgment was filed by SCG, not HTDS.
souz, doesn't make any sense to me. IF it was HTDS management's objective to take this to trial, why waste time & heavy duty money that HTDS can ill afford to spend if they knew they could not get a definitive ruling? HTDS has little chance of getting anything from this judge as the judge didn't even act on HTDS's injunction motion.
JJ your post was informative. If HTDS can't put on any evidence or testimony at a summary judgement hearing then why did HTDS file for summary judgement when HTDS knew that the judge couldn't find for or against them? Why, instead of wasting time & money did not HTDS enter into a legal process that would have rendered a specific decision as to who owns the marketing & patent rights to Tubercin? It appears neither HTDS management or lawyers know what the proper legal procedure is to end this dipute once & for all. Any comments?
abracky, if you believe anything that Colm King tells you or anyone else, I've got a gold mine in Florida for you to buy. You posted here that you bought more HTDS shares at .012 which you thought was a STEAL at the time. I warned you that you bought to early,that HTDS would continue to decline. Those shares now sell at .004. You lost 77% in less than a month & a half & you still believe anything King says. YOU DESERVE TO LOSE YOUR MONEY.
abracky, I personally spoke to Colm King & he has a bridge in Brooklyn that he wants to sell to you cheap. How naive can you be?
abracky, you should have waited. This stock is headed much lower. .005 to .001 in a few weeks with no Tubercin contract.