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This is Wall Street. They have seen everything from high level manipulation to low level and everything in between. They also have seen good companies with viable solutions return great rewards to investors and others that have made claims for decades that they have cures for diseases that never seem to work out for investors but do wonders for management. :)
I think they are getting closer to going under each day now.
Last year was simply PPHM being selected as a pump and dump (just like FNMA was a month or two ago) by a hedge fund and then it was over. There is nothing that is the same. They are going dormant as usual and will muddle along (AS USUAL) manipulating shares and SP until the next hyped statement or the next fund decides to target the for a quick frenzy buck or two. That is what you have here. Always have always will.
It is worthless yet fools clearly are buying it. Amazingly dumb.
Michael you lying spunk swallower, your posts are off in the mail to the SEC.
HAIR has gone bald. The scumbags that ran this fraud need to be put in jail.
That guy is on all of those sites? If yes, same name or does he change them? Low end pump schemes are harder to pursue. THey still might.
zYOu are a loser. Who paid you to lie and pump chief ? SEC will get a call on you soon.
LMFAO ! Are you for real? If you own it, try to unload it now. It is a scam chief.
thankfully you stopped
I sure hope you do not actually own this scam.
ANTH is playing the game now just like the rest of them. Dilute, R/S and that cycle will continue. THis will be fractioned over and over until your head spins. Total, LEGAL, scam !
REVERSE SPLIT. THIS SCAM WILL BE ADJUSTED TO A DIME TO 20 CENTS A SHARE:
5:00p ET July 12, 2013 (PR NewsWire)
Anthera Pharmaceuticals, Inc. (Nasdaq: ANTH) announced today that it has filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation to effect a 1-for-8 reverse stock split of its common stock, effective as of 5:00PM Eastern Time today. A Certificate of Amendment to effect a reverse stock split was approved by the Company's stockholders at its Annual Meeting of Stockholders held on May 16, 2013, and the specific 1-for-8 ratio was subsequently approved by the Company's Board of Directors.
At the effective time of the reverse stock split, every eight (8) shares of the Company's issued and outstanding common stock will be automatically converted into one (1) issued and outstanding share of common stock, without any change in par value per share. The reverse stock split will affect all shares of the Company's common stock outstanding immediately prior to the effective time of the reverse stock split, as well as the number of shares of common stock available for issuance under the Company's equity incentive plans. In addition, the reverse stock split will affect a reduction in the number of shares of common stock issuable upon the exercise of stock options or warrants, and release of restricted stock units outstanding immediately prior to the effectiveness of the reverse stock split. No fractional shares will be issued as a result of the reverse stock split. Stockholders who would otherwise be entitled to receive a fractional share will receive, in lieu thereof, a cash payment based on the closing sales price of the Company's common stock as reported on the NASDAQ Capital Market on the last business day immediately preceding the effective date of the reverse stock split. The Company's common stock will begin trading on the NASDAQ Capital Market on a split-adjusted basis when the market opens on July 15, 2013. The new CUSIP number for the Company's common stock following the reverse stock split is 03674U201.
The Company's common stock will continue to trade on the NASDAQ Capital Market under the symbol "ANTH," with the fifth character "D" added to the end of the trading symbol, beginning on Monday, July 15, 2013, for a period of 20 trading days to indicate that the reverse split has occurred. The Company's common stock will revert to trading under its original symbol "ANTH" after the 20 trading day period.
The reverse stock split will reduce the number of shares of common stock issued and outstanding from approximately 153 million to approximately 19 million. Concurrently, the authorized number of shares of common stock will be reduced to 100 million.
American Stock Transfer and Trust Company (AST) is acting as the exchange agent for the reverse stock split. AST will provide instructions to stockholders regarding the process for exchanging their pre-split stock certificates for post-split stock certificates. Additional information regarding the reverse stock split can be found in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 5, 2013.
MAYO Clinic was FRAUD. 100%
Dead Indian leader deal was FRAUD.
There are no three strikes needed here.
RXPC is a scam and a fraud.
RXPC is now and has ALWAYS been a fraud. A total scam that is now over.
Got to LOVE THE FACT that ALL their "mailboxes" are "Full and cannot accept new messages". AHAHAHAHAHAA. That is a good one. You get the same thing when you call Apple and GE too.
Jimmy, pick up please !! 714-505-4461
All lets not discount all that "RECENT" news on their website:
January 24, 2012
Radient Pharmaceuticals Introduces Its 2012 Sales, Advertising & Outreach Plan Presentation » More
January 23, 2012
Radient Pharmaceuticals Presented Two Abstracts At Gastrointestinal Cancer Symposium (ASCO) On Jan 21, 2012 » More
January 6, 2012
Radient Pharmaceuticals Announces New Advertisement For Oncology Publications » More
January 3, 2012
Radient Pharmaceuticals Announces Reverses Stock Split » More
Takes a while to get those updates out rom the PO Box.
I agree with you. 100%. How could I have been wrong? MacC (aka tubby) is a man of integrity. He cures the sick and feeds the poor. Lets call him Mother MacC shall we. After all, BIG MAC cured that DEAD Indian politician did he not? And that silly law suit about the scam at the Mayo Clinic. Pulllllease. Anyone worth a nickel knows that Big Mac (now working out of a P.O. Box) was discussing the Mayonnaise Clinic. SO you are correct on this one. This baby is going to, at least, .000000000002 cents.
http://www.stollberne.com/InvestorsFraudSecuritiesBlog/2012/12/04/judge-grants-class-certification-over-false-claims-by-radient-pharmaceuticals/
Are you actually pumping this POS ? Really? Were you not on yahoo as this garbage was being flushed for the FRAUD IT IS pumping it too?
So true. RXPC and Dougie MacLellan are worth BILLIONS !!! A simple copy of Dougie's signature is going for a billion I hear. Amazing amazing man. His love for young Vietnamese boys is priceless.
THis is one confused and confusing management. You just feel like the next shoe is teetering on the edge of whatever shoes teeter on?
Aren't they now in overtime with the reverse split? Seems that needs to happen or they are being delisted this week?
Are you are shareholder? IF so, what is your take on the CFO event? I do not see millions of shares being sold which is actually a surprise. One thing for sure, this is a one trick pony. If this drug is a flop, game over.
Still shocked this is not down 50% now. This news is a lock that he knew they were skating on thin ice and he bolted. They covered up the actual reason. Funds that are stuck in this now must not be happy. Me think the end is this year for ANTH.
All true and that is what is the alarm here. It could be a totally benign event but unfortunately, it likely has a predictive value to it. ANTH SP has already been violated, quartered and placed neatly in a dumpster. If it had been $4 or something along those lines, it probably would have been beaten to death on this news. All in all, this, IMHO,has a 65-70% predictive value of bad news pending. Seems too early for study results but perhaps they know something already?
Nobody knows what will happen. Ultimately, it comes down to the trials. Anytime a CFO just up and quits, it is a real bad sign. With the cost of living these days, I cannot imagine he left for the reasons stated unless he is amazingly rich. If there are more like this to come, it is over. A second instance will be the last.
Raised prices on a drug that does not sell too well. IT helped the SP a little but they will not survive on this drug.
I don't see it that way. I know he claims to have left voluntarily and certainly, if he were fired, it would look worse. You do not know if he got 5 M to keep his mouth shut either. Net net, it is a strong negative for this ever increasing mess. I think you, as a shareholder, got very very lucky not to lose 20% at a minimum on this. Then again, it is down, what, 95% since its highs so it probably is just confirmation of the state of affairs at ANTH.
Stopped out of this aromatic (not in a good way) company. CFos do not just WALK ahead of anything resembling a good outcome for the company, its product or his wallet. They DO WALK due to pending investigations and charges. IMO, that is what is next here and it will not be pretty. All my opinion, THIS IS A SCAM. Sorry to longs who believe in this company but it is about as clear as day. Stopped out - THANK GOD.
Well you have your first - 5% on this "company" to start the day off. I am at a 7% stop loss on this POS and that appears a lock here. Likely goes back to 52 week lows ahead of the reverse split and drops 20-50% more. The CFO does not fly the coop of a legit company ahead of some major, pending success. he leaves because he knows it is a dead end company. All my opinion but I have a nose for smelly things and ANTH smells really bad.
Rumor is, this compnay is now and has always been a complete SCAM. Oh wait, that comes in a little higher than a rumor. STRAIGHT DOWN.
Does that mean some success? You think mutual funds, hedges and banks don't make investment mistakes? Ya think that is why they investment in dozens of ways and risk levels just like individuals? Ya think any of them were in Enron, Nortel, Kodak etc etc etc? They were. It means nothing what they are in. They lose about as much as they win. That is why you see red numbers and negative signs on any given year next to their performance. The real question is why would a guy leave a successful company that he, in part, built just ahed of their realizing their success and he getting a huge payday?? That is the real question you need to ponder here.
That is some serious bad news there. This suggests they are falling apart to me. Cannot believe it is not dow 40% AH. WIll be down tomorrow for sure. It looks like game over time to me on the surface of this news.
I was in it on the sun last fall. Sold. No look back. They seem limited as to making $$. No real mystery here. They have a drug that nobody seems to want. ANTH has some mystery associated with its game at least. Market gave up 15K easily today. I think a downtrend has begun overall. The administration is taking some big hits now with credibility and the negative will likely be the word of the day in the press.
you are not holding this one are you?
I got in and out of KNKT quickly before that fraud took its final dump. FNMA was a great ride recently too.If this does what that POS KNKT did and what is more legit but troubled FNMA did, you can make some money. Problem is, these losers have already nailed by the feds and press as fake so I would not get too excited.
I think you are being hosed on this stock. Sorry. If you read the entire story, it is a bit murky at best. Stinks like Staten Island garbage fill in August at worst. I am leaning towards the worst.
IT will not have a lot of bounce. Too humid tomorrow ! HAHA !
lol. THese boiler room idiots had a bad day to pump. Down 40% ? Niiiiice. What a bunch of losers and then these clowns appoint a new "medical director" (well trained in Columbia) and that would lead us to the conclusion that one medical director was replaced. Lets not forget the indictments:
http://www.fbi.gov/losangeles/press-releases/2013/fourteen-arrested-for-market-manipulation-schemes-that-caused-thousands-of-investors-to-lose-more-than-30-million
http://www.pumpsanddumps.com/2013/02/dual-indictments-lead-to-arrest-of-14.html
Looks like now that those indictments are out of the way, a new group of cons are joining in the pump and dump. Unreal.
After making boatloads of money and then losing it on trading from 2004-2010, I learned the patience trick. I now hold low risk stocks for the longterm and I am also typically buying and holding high risk stocks with some potential for large returns for long periods too. I got lucky and made 6 figures buying PPHM at very low prices and having know its checkered history, I literally sold it two days ahead of its demise in Sept. 2012. I got it back under a buck and will hold on the next hype (they will never cure cancer IMO btw despite the hillbillies on that site claiming the moon, sun and stars daily). This could be another hyped flash in the pan. I will probably wait for that flash despite the imminent risk of a reverse sp. That could go on extension or not. 50/50. The volume is interesting here. Could be just a general shift in hedge funds focus that ran this up into the mid 1s late summer and fall 2012. That would be a nice return. I would probably book that. IF it falls, I will go with the flow and get out even with the stop and get back in as it settles. There are still VRUS type equities out there to be had. Is this one? Probably not. They do have a shot at some significant move on hype or the real deal though. Nobody knows til it happens.