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Maybe here for a while before next leg up
$4M cash raise was a necessary down payment to give Laden breathing room to make a deal
They need a partner
The EU partner is scam .. look up Talon venture and Matthias ceo . Farmland
Could be a monster .. but it went up too much too fast .. breathing
Any feel on Ladenburg progress ?
Irrespective .. I think Ladenburg will do a strategic alternative ..
So r u saying $4M done deal or rescinded ?
The two reg numbers are different
Cancellation is 333-222059
The $4M offering is 333-210974
Longmik2
Is the $4M sale rescinded ? I am confused on which S1 is being pulled
Right to try is already in across many states
Trump also wants Congress to pass a "Right to Try" bill that will let terminally ill patients access experimental treatments.
Trump says we need to have APHB drug approved now .. somehow ?!?
When is fda guidance coming out for these drugs
FDA never gives money ..
Also .. note ladenburg was retained in dec .. Laden probably recommended cash raise, to extend cash through sept ..
Because cash burn is too high .. they raised $4M by increasing shares from 10M to 14M .. A 40% dilution
Unless stock goes sig higher , to raise necessary cash for approval would dilute shareholders to zero
So best is to sell to a well capitalized company
Even in dilutions .. stocks tend to rise when 2/3 over .. selling is mostly done .. cash is raised .. now pop ??
You seem to be right .. still selling here
Agree
Valuations at $7 is fair .. they have 35M shares and at $7 is $250M
2018 sales of about $35M .. gives price over sales of 7 ..
How much price appreciation typically when these issues get listed ?
I plan to sell 2/3 on day it gets listed
Buying this crap here till $2 if it goes there
Need EU scam PR
Lol .. possible .. not easy to sell shit .. will see
Short term bounce on EU news .. just remember it is shit and dump it
Maybe safe to buy this Piece of shit .. but still a shit
What does it mean ?
Anyone checked the location of EU partner .. it is a home near farmland .. not a place I expect to see $2 order .. maybe scam !!!
This trader I respect says to me it is not shoring , but traders selling after they bought pre rev Split
They can throw s PR on Q4 revenue and EPS and also update on EU JV to pump and sell stock for offering .. but they choose not to do it ?!?!
Will we hear on that EU JV financing ?
Don’t know
30 cents 2018 eps and 25 multiple .. $7.5 .. if we get Blood monitor approved .. $12
Looking good now !
Did insiders buy any shares .. what are their holdings ?
You maybe right here .. sellers here are not those that held their share through reverse split
Sellers must be those thst will buy offering at say $2
So they short $10M at $4 to $2 and then offering comes at $2
I thought they will release some good news but maybe best to buy after offering .. even that .. !!!
They rushed Rev Split .. didn’t want to waste their good PR on high float low price stock ...
They are low on cash and will release PR .. blast to $15 coming
My guess. .. they will release good news soon .. maybe EU .. stick will go to $15 and we have offering of 1M shares at $10
I saw thst in the filing 424SB .. check sec
Sorry for late reply