Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Page 16 of the Form 10K filed today reads
"In December 2010, UMED acquired the rights to approximately 1,440 acres of placer mining claims located on Bureau of Land Management (“BLM”) land in Mohave County, Arizona for 5,066,000 shares of restricted Common A stock. Early indications, from samples taken and processed, provided reason to believe that the potential recovery value of the metals located on the 1,440 acres is significant, but only actual mining and processing will determine the ultimate value which may be realized from this property holding. The Company is currently exploring strategic options to partner or sell its interest in this acreage, while it focuses on its emerging GTL technology sales and marketing efforts.
Seems to me the company should sell these rights to acquire the money to get the prototype unit built and tested; anything to move this stock forward.
Thanks, you a-holes!!
No first-person info but good news this summer wouldn't surprise me; this is definitely not a dead play.
Hard to believe a possible globe-changing technology has been left on the shelf this long.
First it was fuel, then it was chemicals, later it was hydrogen, and what seems to be forgotten is the massive amount of water and electricity generated.
Somebody one day is going to pull their head out .... and recognize the potential.
So many rich oil 'wildcatters' and yet NONE willing to put up $15MM or so to possibly change the global landscape?
What about the world aid agencies, they don't see how this could bring, water, electricity,revenues to areas currently dying on the vine? They are about useless IMO. One trial balloon in Africa could show a way to change an entire continent that currently is more primitive than modern.
Money being pissed down every comical avenue politicians can find yet proven technology (at least on a very small platform at UTA) isn't deemed worthy of a drop of funding.
Think of how many view $15MM as play money worldwide (hell, this is only 1/2 the cost of an upscale CA or SF house these days) and yet what good use it could do via GWTI.
My money is on success for GWTI in the future - and this summer may be the starting point. My vote is for very positive results
I personally can't get amped on a big up day under 5 cents as I don't get depressed at down days since IMO it is just game playing. Now if it was for 200MM shares that might be another matter.
What I looked at was only for me to edit, I guess. PM hangout.
No real trading (all will be naked shorts) under 5cents IMO.
Since very little news being posted, FYI for all I just had 2 books get put on Amazon; one a golf novel and one a veteran-based novel. If interested in their titles, email me as I have posted my address on my profile and I will send anyone wanting it a private email.
That's the first reasonable forward path I have heard for Bri in quite some time. Thanks for mentioning it.
Fools doing this so-called tradng nowadays???? Today's trade was for a tenth of a cent. LMAO.
If they had any sense, they would let the volume be zero for months on end. This joke of a trade shows it is just a clown show.
I can't make hide nor hair out of the patent you posted and scanned thru it but didn't see anything saying Brilacidin so I have no clue if Bri is a major component of the treatment, a side issue that is nice but not imperative to the cure, or just what part Bri plays in the overall functioning of this new drug.
Hope we still have the rights to Bri for use in new patents.
Will wait for B Med information as that seems to be our brightest hope at the moment.
Thanks for posting this, though, as it does show some in the medical industry recognize the important Bri could play in a number of treatments.
That was a great article you posted; thanks much
I hope that if the day ever comes when K and B may prove to be the drugs we have expected them to be that we will still be around to enjoy some of the fruits of having owned it when it started.
Wish we had someone like you directing the path for IPIX instead of a bean counter.
Was it ever given a chance to make the cut? Last I heard it did real well with renal cancer in a trial with an already approved cancer drug but then nothing, even though it was deemed totally safe from P1. Didn't even make it into P2 though a leading cancer expert, Dr. Frei, who found the cure for juvenile leukemia,said he thought Kevetrin could be useful against 50% of ALL cancers.
Wouldn't surprise me in the least to find IPIX fails and then miraculously Kevetrin ends up in some private person's hands (a BP insider most likely) that makes a fortune off it.
Friggen' Cancer Society didn't contribute one damn dollar to try and further this drug. That to me showed they have no drive to find a cure, just a steady raising of money that leads nowhere but their salaries.
So why the need to belabor this point daily? Most of us got the gist of it pretty quickly.
Medical community will never let Brilacidin out until it is owned by a BP IMO. Our only hope IMO is South America allows its use for some fungal problems (including as an eye drop to prevent blindness from fungal infections that now cause 1MM people to go blind yearly) and its effectiveness then cannot be ignored by the FDA. They didn't give a damn about it with Covid so don't see them giving it a level chance to prove its effectiveness against a bird flu outbreak.
The point I am making in this post is directly responsible IMO for IPIX and Brilacidin near death at the current time and totally on subject for this board.
So everyone is to let evil advance without any forum to chastise it?
Are you of the belief that everything regarding the COVID crisis was legit and done for the betterment of mankind? I don't
Do you believe these vaccines that came to light within months had any actual testing or scientific backing that they were safe? I don't
Do you believe Fauci was factual in anything that he did? I don't
Does Big Pharma have Congress and the FDA by the balls thru payola? I believe so
Was the closing of schools for the good of the children? I don't think so
Was the treatment of the elderly by Cuomo in NY for the good of all? I don't think so
Has Brilacidin been buried by the medical establishment to protect BP? I think so
I could go on and on but all of a sudden my view is me wearing a tin foil cap and seeing conspiracies while all these establishment folks are getting a free pass as loyal shepherds of the public?
That to me is about as crazy as saying that the SEC is concerned about the public!! SEC cares only about protecting Wall St. If it wasn't so, they would have mandated chain block trading to be able to have all trades closed daily and stop completely all illegal short sales but The Swamp and Wall St certainly aren't going to let that happen. Guess that is just another layer of tin foil I wear.
I believe Edmund Burke nailed it when he said "The only thing necessary for evil to triumph is for good men to do nothing." I believe so
Someone asked, I heard, why Leo invested in BeaMed instead of furthering Brilacidin trials.
To me the answer is obvious from previous trials, he knows the powers to be won't give B a chance in Hell to come to market unless they sell it for a mere penny on the dollar to a BP.
IMO the only way B gets on the approved list in America is if some foreign locale allows it to be used widely (as in fungal S American applications) and they can't rig the results. Run another test and the F'ing FDA will again limit the dosage and the dosings to make sure it fails. This is strictly IMO - I could be way off base but seeing how Covid Vaccines by BP got approved in weeks or a few months with NO DATA showing they were safe it would take a personal letter from God to make me change my mind.
IF B is not the drug we believe it is than all the large data computer runs and AI findings where B is in the top 2 or 3 drugs possible as a solution for a major problem are totally worthless and we are led to believe these new high tech data findings are the greatest thing in modern medicine.
To me, a person that is highly claustrophobic, losing my sight and living in my own little black world (though I know the other senses heighten to overcome the blindness) would be worse than death. Strictly my opinion.
As such, if I knew I was going blind (as do many fungal patients in S America), I would jump on anything and everything that offered any hope of me keeping my sight.
Brilacidin - has been shown to be a possible treatment (a good chance as I read it), and it has no drastically negative history in trials (if given in proper dosages), so I would jump on a treatment with it in a heartbeat. Give me a moderate dosage and if that doesn't work slowly increase until either it does start working or negative effects come about that would be life threatening (and even then I would take it for another test or two).
I may not be the norm, but I am sure there are many thousands of the million people a year that lose their sight due to fungal infection that would also be willing to try such a drug. At the very least, give 100 to 500 people a test with a hearty dose as determined to be the level to cause a positive reaction. If it proves deadly to all, sorry but thank you greatly for providing data to lower the dosage. Once you get it down to a level that works and is safe (say only 100 people per follow up trial at lower dosage) ;you may have lost less than 1000 people and yet you have saved sight for millions.
To me that is a very fair loss as they were all volunteers and I would be the first to sign up for the initial trial. Hope the powers to be in S. America feel the same way. Don't inch up on the problem as is done in America, go in big to a small test group and then scale back immediately should issues arise. That way you don't take years (as FDA did w/ Kevetrin to find it was safe until effectiveness couldn't go any higher) but maybe only six months or so.
About time medicine started changing ways (as in AI saying if dose should be deadly or not) from the old tried and true methods (unless those on the old system were making too much money under the table to keep trials slow, cumbersome, and IMO totally bullshit in many cases).
Hope Argentina and the rest of S America allow B to be used against fungal issues and that spurs FDA to look at it for acceptance in USA.
Hey, he's a college student so he has all the answers!! LOL
Heard yesterday from a fellow investor who contacted the company that the LOI is still valid and company is still expecting it to result in a PO. Hope it starts moving a bit quicker than it has but greatly relieved to hear it is still open and has not been terminated.
I thought company executives had to have filed a standard buy or sell plan of say x amount of shares at the start of every quarter; that they are not allowed to make spot purchases and sales throughout the quarter as that would be a case of insider trading.
Path doesn't mean sh** - we are talking about it being a 'me too' product and that is totally bogus no matter how 'elite' is your so called knowledge
Got a kick out of a post that classified the StingRay Laser as a me-too device. That would be like saying that the new Toyota Hydrogen powered vehicles and Tesla Electric vehicles are me-too products as well because they came after the Ford Model T.
Guess they haven't heard that a way to make money is to invent 'a better mousetrap' and that is what StingRay is doing; taking lasers to levels of perfect location and perfectly matched power never seen before and thus being 'the better mousetrap'.
I just question whether it will be fully approved this year as I thought a filing earlier had pointed to 2025 as the date of rollout and 2024 was the time to get it approved thru limited trials in various locales. If it is 2024 that would be wonderful. I am hoping it is ready for actual patient testing by June of this year.
Best wishes to you, Mack. Have to head back to work after 10 yrs of retirement. Still a believer in the science but not so much the mgt any longer. I still get pretty upset thinking how many people Brilacidin could have helped over the last decade if the medical community had gotten off their behinds.
IMO AlphaSigma has been a POS since day 1
I listened (hopped around a bit) to the first day and was ticked that I couldn't find anything re: Brilacidin.
Thanks for the update on what actually happened.
Will go back and now listen to Dr Goldman's presentation
Wouldn't one think that a drug mentioned as very safe with good test results that showed it facilitated the workings of most other drugs would be something a BP would take a shot at for a few measly millions?
IPIX has no money for P3. To date have found no partner to advance this B application so until they do B-OM sits on the sideline vegetating. IMO finding a partner is all Leo should be working on now. Until we hear something as to a partner there can be no advancement of IPIX as there is no money to do anything. and that results in no word from the company.
GMEHydro is Green Mountain Energy Co. which has been around for over 20 yrs and is 100% clean energy. They are big in the NorthEast of the country and also in Texas. ---- https://www.greenmountainenergy.com/
Had another play that looked dead to the world and yet this week they signed a deal for 2 of their units that will prove they work in a full blown industrial application and should provide for a marvelous opportunity to turn many desert areas of the world into arable living centers. The future should now be extremely bright for them as getting funding for the original units was the only thing holding them back. They did all this without having to destroy the current stockholders. So miracles do happen and it could work with IPIX just as well. Only thing holding us back is a deal and Leo knows he can't play as if he holds all the high cards in setting something up for the Oral Mucositis P3 so maybe we see some progress on that front early next year. There is always hope. We just have to stay alive until BeaMed ready to help our financial situation out but that may be a couple of years out.
I was unaware until just recently that GWTI also redesigned the Fischer-T machine (very old and established technology) used as the back end of the GWTI process w/ the G-reformer to adapt it strictly for the G-reformer. Have fingers crossed that the 2 G-reformers are ready to go sometime in Q1/Q2 '24 but completely in the dark into how long it will take to manufacture them. Wonder if they would send up the one G- reformer I think GWTI has to get the testing going and then send up the 2nd reformer when it becomes available. I am giving GWTI a couple of years to get things really going and maybe some stock appreciation but anything within 5 years will be most appreciated.
It amazes me how UTA has been able to come up with catalysts to turn syngas into fuel (diesel or jet), chemicals, hydrogen, I believe methane was mentioned (note this could be used by all major city dumps and there is next to unlimited methane gas in the ocean), and who knows how many other possibilities. As for the current G-reformers going to an electric power plant to turn into hydrogen, what happens to the balance of the syngas left after the hydrogen has been stripped, does it still contain other properties that would allow other end products to be produced or could it be processed simply to produce the vast amounts of water (I don't believe this is possible because water is simply H2O and they are stripping out the H but one never knows).
This technology does have world altering value IMO and that is why a measly $15MM or so holding up the initial prototype test was so damn frustrating. Once the hydrogen application shows to work exactly as planned (and there is absolutely NO reason it shouldn't) IMO there should be many suitors lined up at GWTI's door asking to have the same type of deal (with a nice buy in of company stock) for the oil and gas industry with the ability to change the arid lands of the world into arable lands.
For all his blustering but which IMO may be just plain BS, who should have jumped on this with both feet to advance clean energy and improved world living conditions is Bill Gates but IMO BG is simply looking out for BG.
I consider this electric company situation as a white knight saving the company for us initial investors. No other way I saw that would not entail the new investors completely wiping out current stockholders. I hope this new development saves the company and allows us current investors a chance to make a nice return on our investment. I am not looking for pie in the sky numbers (though they are not out of the question IMO) as even $1 to $2 would allow me to live my dreams.
/Does the hydrogen process only need the G-reformer as the natural gas will already be on site for conversion to hydrogen? As such, does it need the mini--refinery looking setup that GWTI has at their property near Houston?
Deos the natural gas to fuel or chemical process require the mini-refinery setup?
From what I understand they have to first get the G-reformer accredited as to safety (though they don't work with any real high pressure or finicky technology) and then do the test runs to achieve economical production.
Hope the transition to hydrogen also produces the same amount of water and heat as the fuel and chemical processes do or would there be no need for the heat/turbine setup when being used for hydrogen?
This is a godsend if this allows GWTI to finally be able to prove to the oil/gas and the electrical power industries that it is of great benefit. Could be a world changing technology for many desert areas of the world and for many disadvantaged areas where the income, water, and electric generation (in use with a turbine) could allow them to become prosperous.
The news release sure answered a lot of the questions.
I am still somewhat surprised at going the hydrogen route
I would think many of the customers would go the chemical route as hydrogen would be hard to transport IMO but here I may be wrong.
Whatever, today's news release is sure a breath of fresh air for GWTI.
Hate to see what the current Israeli war could possibly do to the BeaMed timeline. Hope they have everything offsite as the current HQ is just south of Haifa and very near the northern border and IMO in quite a precarious position as Hezbollah seems targeting an attack on Israel from this position.
Sad to say but IMO the whole Middle East will most likely be in a state of war until I die (I am 74). Hope I am wrong on this point. Have also wondered if the 2 founders, both being ex-fighter pilots, have gone back into the IDF in some capacity as I would expect them to do.
Please expand on the hydrogen production statement. Has that now replaced the chemical products which replaced the fuel products?
I can't find anything on their website mentioning hydrogen and had no clue as to the first customer buying in info either.
Do you see any way this company stays afloat over the next couple of years and are we in a better place now than 6 months ago?
Any info will be appreciated.
IMO the only survival route for IPIX is some sort of partnership and I believe OM is the best and fastest way to go. Without a partnership they will not last long enough due to finances to bring B to commerciality and maybe not last long enough to reap any payback on the BeaMed investment. I am shaking my head even now as to these new patents - who is paying for them? We don't need them now, we need to conserve every possible dollar. Not trying to be a downer, just a realist.
This pitifully small fine is just a very minor cost to Citadel of doing business. Make billions and pay a $7MM fine - who wouldn't take that return on investment?
The Citadels of the world will never go away until the stock market goes to +0 trading - which is where ALL trades must be finalized the same day they are made so that they don't get put in the float as they do now where a few market makers just keep shuffling the short trades between themselves.
We will never see the end of highly questionable posters here that seem to have no reason to be here as they publicly state they own no shares as long as short trading is allowed thru +1 or +2 trading; just the facts of life IMO.
Menendez of NJ gets hammered for his illegal dealings w/ Egypt yet Wall St. is allowed massive theft of public funds thru SHO sales with nobody even batting an eye. Anybody actually believe that governmental individuals are not getting massively paid off to keep this Wall St bonanza going at the expense of the general public?
The major question is not IF Brilacidin is a wonderful drug, but whether management and finances will allow IPIX to get to the point when revenues start rolling in. There are many of us here that were posting the exact same messages as the last couple of extremely positive posts in 2012 and somehow the medical wizards, BP powers to be, governmental bodies, and IPIX mgt haven't been able to get Brilacidin past the 'most likely great new drug on the horizon' for viruses, bacteria, inflammatory issues, fungi, etc and look where we sit now.
I would caution all new investors to not fall in love with the stock as many of us did and we now are in extremely bad shape regarding this investment. It is not as if the stock price is going to go up overnight and there is no reason to invest more than your funds set aside for 'ultra risky' investments. If IPIX does flourish, there will be time to make a fortune off of it but I would at this stage not take all the risk until a more likely avenue to success rears its head. Heed the old Wall St adage "Pigs get slaughtered" and don't go whole hog in at this time.
Even if you have a large position now, future financial requirements could require a shakeup to the point where current investors bear the brunt of the losses.
This is in no way a knock on Brilacidin, just a warning not to get overzealous until the risks come down to extremely high because IMO they are way above that at the current time.
They aren't. The volume since the start of the year has been all a sham to try and get longs to sell IMO. That is why IMO cheering for good volume on up days is just as worthless as moaning on down days - it is all simply manipulation for at the current price levels that is only a thousand to two thousand dollars a day which is chickenfeed to the big boys wanting IPIX busted
When will this change? IMO only when a deal signed that will bring in millions to IPIX ($5MM+).
The news today said BeaMed was on track to submit for FDA approval via 501(k) track in Q2 2024. So what is the 501(k) track?
From the internet I got this definition of 501(k):
510k approval is a process to get marketing clearance for a Class II Medical Device1. The process requires finding an equivalent product (predicate device) to prove its substantial equivalence1234. Once the device is proven equivalent to an already approved equivalent, it can be legally marketed as per US FDA guidelines1245. The FDA processes 510k submissions in 30-90 days2. The purpose of a 510k submission is to provide the FDA approval with documented evidence which proves that the medical device is substantially equivalent to a predicate device2. The 510k clearance process got its name from Section 510 (k) of the Federal Food, Drug, and Cosmetic Act4. Critics of the fast-track program have found loopholes in the process, such as the fact that predicate devices from which new products are being anchored have not been carefully assessed for their safety and effectiveness since they were legally marketed even before 19764.
Two things to take away from this is that (1) the approval process usually takes 30-90 days and (2) it must prove equivalent to an already approved equivalent. I find this screwy at best for most new devices are improvements of already approved devices. The current systems cannot do what the Scorpion can do so how can they judge the safety of our device compared to an older device that doctor's wouldn't even let be used on the critical patients that will require the Scorpion?
I have to admit that I have a fear that AI is going to be able to come up with something quite like the Scorpion in no time at all if they have any access to how our device works in regards to the software and the systems allowing the interaction of the laser/MRI device/etc
Very nice progress by BeaMed but IMO still far too early to have any impact on SP as system won't even get FDA approval until summer of next year.
Hope that we get to test the system prior to that (maybe Mar//Apr?) on actual patients so that FDA can give approval by summer. Doesn't everyone agree that there are patients out there now that have such severe epileptic seizures that cannot be operated on w/ today's technology who would gladly consent to being a guinea pig for this new system if it gives them a chance at a normal life?
I had mentioned this time frame earlier this year and also that it may take another year or two after FDA approval before BeaMed determines it is the appropriate time to file an IPO. This delay would be so they could show a steep ramp up of revenues prior to IPO so IPO would bring in a nice offering price. IPIX must ensure we last that long and it is my main concern for the investment at this time.
It does appear though that the Scorpion System may become the 'standard' for laser surgical use across all areas of medicine.
IMO we still need a deal soon and it must bring in $10MM to keep IPIX fluid. Even if that means giving up a wad re: OM or some form of IBD I say take the deal so we don't go under completely.
Glad to see today's news, expected it due to the leadership at BeaMed, but still quite a ways to go IMO until we see some uptick in share price.
Am I missing something as to the VAST importance of this thesis?
For academic purposes, a thesis embargo, this important finding and working towards a possible solution has been stuck on the shelf for the last 2 years at the site of a government biolab. I am sure the sufferers of this condition and the loss of livestock incurred are applauding that this be kept secret for some damn academic purpose. Nothing like sitting on knowledge w/ your thumb up you a** to cater to academe for a few years.
Makes me think these medical investigators are all about the investigating and could give a damn about making any headway on the conditions being investigated.
I find this criminal.
This is the article I have been referring to in my posts but I thought that this embargo was not just for this condition but for the entire 20 viruses that have been under study during that time at GMU.