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Is this company profitable? It looks like they have a set solid product and a bit of the market share, and are growing.
Why 0.45? It hasn't been that high in close to 3 years.
It would need some major news.
News Coming?
Given the news that has been coming out, the share price will drop with the increase they are suggesting unless they have some basis for keeping it up. Its been sitting at this price for quite a while.
Other than increasing the share count, is anything going to come out of this meeting in May?
Is there gong to be a bit of a pump prior to the vote?
Any clue how much she would have left at this point?
I'm about half that pps.... but it seems so distant...
It's only seen this kind of volume 3 times (including this one) in the past two years. And if it's any indication, they were one day blips. This has already met the second day volume for the other two days.
If the volume keeps going on Tuesday, I'll start really wondering.
But why would they be runnning so high? either someone is driving the cost up, or there is some news.
That seems like a decent amount of money just t odrive it up for a pump for this stock, I would think you could do it for a lot less.
We'll see if something comes next week.
I wouldn't be surprised.
Agreed. They are delinquent, they did not file on 2/14. They did however file a nt-10-Q which states they have until the fifth of March to submit the 10-Q.
To this point they have filed the correct paperwork. They are in compliance with the law, unlike a lot of otc stocks.
I would think a changing of the guard in the financial offices might play a role in the delinquent filing.
maybe i'm lost but isn't this a quarterly report?
The subject annual report, semi-annual report, transition report on Form 10-K, 20-F, 11-K or Form 10-Q, or portion thereof will be filed on or before the 15 th calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date
That would make the report due out Monday
Tomorrow is supposedly earnings
Got to be some news coming. Decent amount of shares are trading hands.
Anyone have a clue on why this is running?
Technicals?
Any news on this?
It seems to have stopped doing anything.
has anyone heard anything on this? are we just going to flounder for a while?
So we're making money and doing well. They seem to have reasoning behind the shares issued.
So when is the other shoe going to drop?
Much rather ask legitimate questions than shout that the stock is horrible, the world is going to end.
Why hasn't Dundee let go of their shares? Are they just going to write this off as a loss or are they waiting for something else? unless they know something, they are being crapped on ( unles they are they group who these CDs are being sold to and if so then they must know something)
What would it take to change your tune? Would a PR that gives an explanation for the reasoning behind the share release, assuming it is a legitimate reason, such as building more plants?
I thought the patents were owned by URBF but licensed to Bevo. If Benne owned the patents, why would he go through the legal hassle of licensing the to URBF only to license it to his own company?
Then don't come and bash it.
Either you're shorting the stock, or you're looking for cheap shares.
The 8K says two things
1) That there is some financing being done. We were told this was going to happen, it needs to be done to grow the business.
2) there was a reverse split that tightened up the shares. Usually done when there are a pile of available shares and they want to tighten it up to issue more. In this case there were very few, so still confused at to why they did this.
Please tell more.. why is it a joke?
Red once in a while isn't a bad thing anyways. It allows for more accumulation.
It did drop post split.
And those buys are are probably someone selling to break even. Like you said, where are all these stocks coming from? The last major run should put us somewhere near 20 cents. So there are people sitting in there looking to get out.
Don't get me wrong I have no complaints about it going up. Its just interesting that there is this much activity, but no real reason for it.
That could be a relic of people flipping.
There are also some people getting out after the R/S. It happens regardless of the stock setup. R/S scare people.
And we don't know who is doing what. Maybe someone is trying to get out and has a decent amount of shares.
This is staying pretty steady around the equivalent pre R/S price. Until their is some news, it will probably hang around here. Which is good, usually there is a decent sell off after a R/S
And that seems to be starting a bit of a run...
The management is half of what gets them out of pink land. The need the support from the science. And sometimes it can be done in spite of the management.
We also don't know much about this management. They don't say a lot, and there has been some turn over in the past few months, so the plan could have changed.
Why is this dropping, it looks like yesterdays news, was good news.
I think another month.
Right now, either way I look at as an opportunity. It drops, I buy. It takes off, my account looks prettier.
As long as it stays in the penny range(if it goes down), I'll be happy.
I still would like some news out of them though.
just need to get more people looking at it. If the name is out there and people take the time to look at it, it should sell.
I've put in an order (and it was accepted) but that doesn't mean they will act on it any time soon.
I don't believe any trading is going on with this stock. Everywhere i have look, the price has been stagnant.
What is the chance of the patents being denied? When do we hear about that?
Here's the other side: We anticipate that Phase I clinical trials will commence in late 2016 or early 2017 and we estimate that it will take 18 months to complete. Following successful completion of Phase I clinical trials, we expect to receive limited marketing approval for “compassionate-use” under the FDA and similar guidelines in Canada.- These trials are through McGill University’s Jewish General Hospital
Based on the timeline to receive the samples, they are having the drug made for trials.
The more I look into this, it doesn't look like a shell. It looks like a legitimate company. The question is can they produce what they say they can?
That will volume seems like it will have to wait until the New Year. Has anyone heard anything from them in them past few weeks?
I did read it... It leans toward them moving it to a shell company, raising funds through promissory notes and diluting the company based on the hope of a upcoming drug. But i have seen nothing disproving the drug. They think it's potent enough to get a patent. So obviously they think its worth something.
So again why buy it? Are they playing a shell game or is there really something there? Yes there are a lot of hurdles to getting it approved, but how big is the upside?
Everyone keeps talking the stock price.. What is the 8K saying? It is saying they have purchased the patent to this compound. That has one of two implications. Either Advonomics is getting rid of it and playing a shell game, or someone sees a way to make this work and figures a new company is going to make the most out of it. Keep talking pump and dump or short squeeze, but the real answer is in the data they release.
So does anyone have any information of the efficacy of the drug they acquired?
If it was last Wendesday, then it should be out within 5 days per the 10Q? Which would put it out by this Thursday (assuming the 24th and 31st are counted as business days).