Long for a Longtime or until they make me an offer I cant' Refuse
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When Phase 2 results exceed expectations there will be many BP's looking to buy or partner with Anavex.
Many of the BP's have failed drugs, shrinking pipelines and drugs coming off of patent. (they also have plenty of $$$$$)
The good doctor being an investment banker will find a way to use OPM (other peoples money) to bring the companies drugs to market. And do this while protecting shareholders. JMO
Anyone questioning the quick drop..... this had something to do with it. IMO
Solid win on the overnight $AVXL short alerted realtime in @timothysykes http://tim.ly/sykesmc chatroom :) #realtimelearning
FWIW
Can we expect any Phase 2 updates before the end of the year?
From IR
PART A of the Phase 2a trial is expected to be completed by the end of the year. Anavex is seeking to expand PART B, the extension period, from 26 to 52 weeks at the request of study participants. As of this time, the company has not specified a timeframe to report additional results of the Phase 2a trial.
Please do not hesitate to contact our office if we can be of further assistance.
On behalf of Anavex Life Sciences Corp.,
Christine Payne
Response to an inquiry about Anavex attending conferences
Dear Michael,
Thank you for your email and interest in Anavex Life Sciences Corp. (OTCQX: AVXL).
Anavex will attend several upcoming conferences. Details will be shared closer to the events.
Please do not hesitate to contact our office if we can be of further assistance.
On behalf of Anavex Life Sciences Corp.,
Christine Payne
Primoris Group Inc.
Toll Free (North America): 1 (866) 505-2895
Outside North America: +1 (416) 489 0092
Fax: +1 (416) 352 5239
ir@anavex.com
My guess is NITE is the MM with the warrants....they have traded a large number of shares over the last 3 months.
The Good Doctor cares about shareholders. I believe he will support the share price any way he can. I am sure there is a conference coming up that he can tell the world about 273.
Anyone notice what MM sold the 830,000 shares
Last trade 415,000 at .7780
http://www.anavex.com/investors/share-data/
Share Data from the company.
About 40 Mil were done as of July 15.
My guess is at least 30% of the approximately 60 Mil shares traded since 7/15 have been warrants.
There others on this board that probably have a better understanding of this that I do.
The stock was overbought and needed a pullback.
The quick move down is fueled by the MM's picking off stop loss orders.
If possible do not use stop losses. JMO
sorry for the stutter.
I agree. He has an agenda that does not align with mine.
I found it interesting KKD did not mention AVXL as a big mover in today's article.
Waiting for his next buy to add.
The Good Doctor is our friend.
http://stocksntrade.com/what-the-future-holds-for-anavex-life-sciences-corp-otcmktsavxl-7630.html
Another article for the shorts.
Sell the company.
If we break .89 next stop 1.50ish JMO
I think he over did the negative and not enough reference to the Good Doctors answers.
He must be reading this board.. Making nice for his poorly written article.
Monday has the potential to exceed all our expectations.
My conservative call is for around $1.50.
Mr. Sykes will help fill Mondays gap.
PFE & AVXL perfect together.
http://www.anavex.com/?post_type=news&p=1491
We can always tweet Carl Ican.
We agree.
AVXL/AXON pair trade has been nice.
Lots of BIO $$$$ looking for a home after Friday.
I am still looking for $1,50 come Monday.
How much is 6% of the profit from all these future drugs worth.
When company is bought he will get wheel barrels of $$$$.
His questions assumed there was an issue and the article he published today for the most part ignored the Good Doctors responses.
Here the exchange between the author and the Good Doctor
I do believe this guy has an agenda.
KKD - That brings me to the patent question - what is its status?
CM - All patents are irrevocably owned by Anavex.
KKD - What were the terms of your original agreement with Dr Alexandre Vamvakides?
CM - 2007 Original Agreement, between Assignor (Vamvakides) and Assignee (Anavex) regarding ANAVEX 2-73 was amended in late 2012 in order to clarify language regarding IP ownership for Anavex of all IP. Also to be noted is that potential royalty to A Vamvakides is 6% is on net income - not net sales.
KKD - What is the importance of Dr Steffen Thomas in this patent dispute?
CM - There is no patent dispute. Dr Steffen Thomas joining the company likely confirms that there are no IP concerns. Since Dr Steffen reviewed all IP files before joining.
KKD - Does it relate to a claimed foreign priority by Dr Vamvakides, and do you think that claim has merit?
CM - Don't understand what this claim is in reference to.
KKD - So, until you get the patent assigned to you, you cannot begin the Anavex Plus trial, correct?
CM - No. All patents are irrevocably assigned or owned by Anavex.
KKD - There is speculation that the dispute can be settled against added compensation to Dr Vamvakides. Is that correct?
CM - There is no patent dispute. Dr Vamvakides is required according to amended 2012 license agreement if requested by Anavex to comply with signing IP related paperwork. If Dr Vamvakides decides not to comply with the request, it does not change the course of the filing.
KKD - So, based on all that, how much of a hurdle would you say the patent dispute is to your progression towards market?
CM - There is no patent dispute. There is no hurdle.
Author’s reply » I bought a bunch of Anavex 2 days ago - at market price - and before I did that, I did my DD. There isn't any issue in the US. Anavex has complete rights to the patents that have been signed off by Dr Maurice.
Again, just wait another day for my article to see a discussion on global implications etc. I invested in this company, so I want to know everything about it, positive, negative, everything. And this isn't much of a negative.
This was from comments...Let's see if he lightens up the article he releases.
The Good Doctor has a plan.
Monday we may test the $1.50 area.
All that BIO $$$ needs to find a home.
Have a great weekend all.
My point exactly!
Question to the Lawyers here.
Couldn't a CEO be held liable for statements made in a public interview that are false?
"There is no Patent issue" made by the Good Doctor
TooTall Great post!
I found it interesting that the Good Doctor made a point of informing us that Dr. V gets .6% of profit not sales.