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Bahahaha Who got shook out? This is a medium term play IMO that will be a 3-5 bagger.
Disposition of remaining 2 assets, renegotiation of CEO's future salary, SUDA stock price increase, sale of company. I'm guessing that the stock price has increased so much over the last couple months because the company found an interested buyer and a few insiders probably know what's going on and are manipulating the stock price in order to acquire shares from weak hands. There's a lot of shake and bake going on. Hold your shares tight and don't get impatient. Add on any dips back at .003 - .004. At least that's my plan...
I may have mentioned this before, but I really think that NVDL has become so active lately because there is news that has yet to be revealed. Someone wants shares of an almost dead company for a reason....
NVDL stair steppin upward...usually this precedes a large pop. IMO over .01 this week
ask moved way up...this could be NVDL's day
after
u worry too much....chill out and enjoy the ride back up...FYI company offered to dissolve and pay shareholders .01 cents several months ago, we turned them down. There's more value than that.
I don't think the MM's would have gotten involved with this ticker if they didn't get a whiff of some sort of very positive news that's about to be released...remember this was a floundering stock for several years...
They also made more than 1/2 mil on license revenue this year as sales of zolpimist picked up
They were losing money. Now they have no employees (actually, just the CEO) and they are making money from the licenses as well as the sale of assets. Additionally, the FDA waived the fees owed for continued licensure of their 2 products because the company requested an economic hardship waiver. I don't think this stock should ever have dropped as low as it did. The 2 assets they have are worth at least $5-10 million, they are pulling in $ from their licenses, they paid all debts off, they have a cash position as a result of recent transactions, they own 50 million SUDA stock and the rights to purchase more at a low price. So in reality, this stock on cash and assets alone is worth at least a dime. If SUDA can use the tech they sold to it effectively and develop partnerships, their stock will appreciate and subsequently the value of NVDL will also increase. If anyone has any intel on how SUDA plans to use the tech it acquired, I think that information would be very valuable.
I think it was an over reaction from the company being unable to enter into partnerships for the tech they developed (duromist, etc...), so they sold off what they had on the cheap.
yes, they get revenue from licenses and they still own rights to 2 drugs. Also heard that FDA waived millions owed in fees for the 2 drugs that the company still owns so that makes this stock at least a 5 bagger from here
The timing of the proxy is very weird. The vote is scheduled for Oct 24, 2013. If this was a poison pill, then i'm guessing they would have scheduled the vote much sooner. They have 150ish million shares they could issue now, so why the extra 200 million shares in October? The Apple cc is in mid September. They could get $15 million at .10c if they were to cash out existing shares now using the 150 million shares available. It seems they could have used the existing shares to generate cash that would keep them in business for another year. They must be planning something big that would require around $20-$30 million.
While I think that each person'e selfish motives is a big part of it, I don't buy your argument because they had 150ish million shares to grant all kinds of gifts. Why do they need an extra 200 million shares? So you're saying they purposefully want to drive the share price down? Nah....
According to the filing, several individuals purchased shares for .49c just a couple months ago. why buy shares for .49c then dilute the shares just purchased? Doesn't make sense.
My read is that the company is issuing more shares as a poison pill because they got an offer they didn't care for. And the company officers don't have enough shares to block a hostile buyout. Shareholders would be more inclined to a hostile buyout, given current management's incompetence.
I'm with you man, a lot of energy arguing about nothing...no one knows what's going to happen except Gary Deroos and his cronies. We can only hope that we can cash in at some point. It doesn't really matter that Gary pays himself a dividend via his A shares > what the company made in profit because as long as people buy the BS that he puts out, as many of us did prior to the reverse split, this stock will be worth something. There's always a sucker.
50 million shares of SUDA valued at .05c is $2.5 million (SUDA share price currently .03c). NVDL received $400k in cash, so that's nearly $3 million. The debt they owe is mostly salary for their CEO. Based on 135 million share count, a share price of .01c is equivalent to $1.35 million dollars in cash, so obviously after liquidating the SUDA stock we will have at least a penny per share. This is a total no brainer. And there are 2 more revenue generating assets to liquidate. Expect the stock price to go up from here.
OK so now we have at least a penny per share (some of it in the form of SUDA stock). The sale of assets being finalized was great news. I think we move up from here to around a penny. If we can sell our final 2 assets, I think this can move up to close to 2 cents per share. That's a 5 bagger from here.
Yahoo Finance reports the current shares as 24k and float as 1.58k. After conversion of C, and then conversion of D, do you know what the expected OS will be?
Apple Earnings end of September...maybe more buzz last weeks of September?
I'll sell you my certificate. Let me know if you are interested.
might see a t trade after hours
Wow, someone ate up CDEL's offer...lots of trades in last 2 moinutes
In any event, big money guys will quash any attempt for liftoff. On L2, CDEL has a sell order for almost half a million shares...not going to happen today.
Wrong again, highest price in 2011 was around 1.20...why are you pumping lies?
Not true...highest price in 2012 was .60
I could not find out who holds large positions in the company. MFFAIs.com is a good source to find out information, but NVDL is not listed. Apparently, institutional investors have long abandoned their stakes in this company. It's sad that they couldn't get a + vote for dissolution, and now the bankruptcy process will take longer and cost more $ meaning there is less for those who own shares. Why they kept 2 assets, I have no idea? What matters most now is the end game. I'm sure there will be plenty of lawsuits to try and claw back $ from ratoff, since as a CEO he has some (apparently not much) responsibility in navigating this company successfully. I think that if the company can dissolve, shareholders can get around .01 cents/share back, so avergaging down at these levels may make sense. But the risk is that the company persists sucking up all remaining cash.
This is a question to anyone who has a straight answer...I was issued 2 series D certificates (not sure why I was issued 2 certificates). I turned 1 of the certificates into CDFT with $104 for conversion to 100K common. I kept the other preferred seried D certificate.
Question 1: Were other people given 2 series D stock certificates?
Question 2: Should I keep the 2nd certificate for the long haul to obtain dividends, or should I spend another $104 to obtain another 100K common?
Actually, if you look at a 3 and 6 month chart, or even the yearly, you'll notice the smooth bottoming out of the chart with a low of .016.... Now we're just cycling between that point and .026 until a break in either direction. I don't see lower lows or higher highs, just a cycle. This pattern is actually a good one for bulls, and with a little luck it might mean that this is the bottom. Most experienced traders won't commit until an actual buy signal because this bottoming out formation could take a while... anyways that's my .019 cents....
Using an average price of .0033, the total dollars that changed hands were slightly above $200,000...just retail folks like you buying and selling.
That's .01 cents in cash (best guess), with $0 enterprise value for the company itself. If you factor in that they still have 2 assets left and that they could probably sell the company even with no assets for the enterprise value of the company itself as a shell company, it's probably slightly north of .01 cents...
The scoop is that the company after having sold most of their assets probably have around .01 cents per share, whereas the stock value is 1/2 of that. Whether they can dissolve the company and pay shareholders is another matter, since apparently that option was voted down by shareholders.
Its nice to dream...buts as we all know they ain't seeking drug approval and will sell tech to other company's if they can...and besides ur talking about something that might occur years from now when u know most of us will be long gone within a couple months...realistically $50 mill for a company with prospects of making $$$ u'd have to be insane to pay mor
looking for 6 bagger from here peeps
At most this company is worth .025 or $50 million without a drug approval which is years away...