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Lol, why would I need to read investing for dummies when I can just listen to you? Please don't strain yourself with making a total of 34 posts in 11 years, that's around 3 posts per year and we wouldn't want your little pattie-cake fingers to get too sore now...
You might want to change long and strong through 2029 to 2050, due to the corruption and reverse splits. Also, as it appears, CBD is more heavily regulated than MJ.
Yes, POTN is coiled up in order to explode into the toilet bowl!
Exactly, meaning that it will never move up, until the reverse split occurs, I'm thinking another 1000/1 without prior notice. There is way too much going against this ticker, the court case, the outrages float, the toxic debt, the FDA and the government not voting in new/good rules for CBD. I'm chalking this one up to another 100% loss. Oh, but I'm not selling, because I'm already down 95%, so might as well stay in since, much of the damage has already been done and there is a chance the court case shares could be disgorged, returned to POTN and retired, then the buyer beware symbol could be lifted, then the government and FDA could help CBD rules, laws and regulations, but I still doubt that all of that good stuff will happened for us "investors" of this turd pile.
If the entire float of shares was sold/owned, then yes there would have to be a buyer for every seller. However, there are many, many shares in the float, available for sale, so in those cases, just a buyer is needed, unless you want to consider the company as the seller.
My point is, that there isn't always a stock holder seller, or market maker seller, when buying stocks, if you are buying out of the float of available shares that the company owns/holds/has for sale.
Looking at bought shares as someone believing in the company and someone selling because of having lost faith in the company is not an accurate assessment, especially if someone is buying from the float, or is buying to short, or is buying on margin.
It's interesting to note that ticker ACAD, Acadia pharmaceuticals has a very similar portfolio as ITCI, Intra-Cellular Therapies Inc., it's almost as if they are two sides of the same coin.
It's interesting to note that ticker ITCI, Intra-Cellular Therapies Inc., has a very similar portfolio as Acadia, it's almost as if they are two sides of the same coin.
Dr.D used our investment money and the r/s money he received to pay himself, to pay the $5 million lawsuit and to pay the BOD.
Dr.D refuses to restock Fruticare.
Innovus is a joke.
A broke joke and so are we.
The merger may or may not occur, either way, all roads lead to continue failing for us an Innovus.
Does anyone know when the next FDA review approval is for the next indication for Nuplazid? Yes, I know I could go to Acadia's website.
Was there another reverse split? Is that why it went from .80 to 1.03?
Bbradley8, I could not disagree with you more. However, I appreciate your opinion and take it into consideration, it is possible that you are correct and if more information because available, I might change my opinion.
With all do respect and I don't mean this in a mean way, ok? I think you are naive and that you don't fully understand the past business history of OVIT, Dr.W.
The reason I'm no selling is because I've already lost so much here, that my best chance to recoup some losses is to just stay in it.
If you or anyone wants to take a position in OVIT now, now would be the time, because the pps is so low.
However, in order to get the pps up, it's going to take a lot more than overly optimistic people buying shares of this dormant company, it's going to take the company selling its shell into a reverse merger to someone else, or come out of dormancy with a new protocol or patent.
I think OVIT has totally missed the boat with Oncology, there are so many real biotech/pharma's that are so far ahead of anything OVIT could do, so I'd even like to see OVIT get out of Oncology and be done with CEO, Dr.W and totally move into another area.
Let's hope that you are correct thought, that something BIG is brewing with OVIT and that it will come out of dormancy.
As I suspected, POTN never responded back to me about whether or not they are under a gag order or not. Maybe in a few more days, POTN will respond.
However, as you already know, POTN is probably not under a gag order based on this news:
PotNetwork Holdings, Inc. Excites CBD Industry with Launch of Private Label CBD Lab at MJBizCon, Las Vegas, December 11-13.
If POTN was under a gag order, maybe that gag order just applies to the court case, but POTN is still allowed to have business, non-court related press releases, such as this one.
Well, that's probably another reason why POTN diluted and increased the float so much, so that they can sell more shares to pay back that 3 or 6 million loan in early 2020, because they can't get the share price up to .45 based on sales, they could only get to .045 with a drastic r/s.
For years hopeful, yet scammed investors have been wanting OVIT somehow come out of dormancy and it hasn't happened yet.
The reason why no one wants to sell their shares is because they are already so far under water and they don't need that money to live on...
They would rather wait as long as possible to hopefully recoup as much of their lost money as possible...
Trust me, they are not holding because they think OVIT is a winner.
Also, someone wanting to by $7,500 worth of shares is a small amount of money, obviously this person is a bit of a gambler, with money to burn, so if they lose it on OVIT, it does not hurt them one bit.
It was posted in this forum a while ago, that POTN received some reputable financing on good terms, with an expectation that the share price would eventually rise to .45, but i don't remember who provided the loan, nor do I remember the exact terms of that loan.
My point is, that whoever loaned POTN the money, would still get their money/interest back...If POTN did an r/s, which gets the share price to .45, correct?
I'm not saying that POTN is going to do an r/s, in my opinion, they should not do an r/s, because they increased/diluted the float of shares and since they also got a loan on favorable terms, which would seem to negate the need for an r/s, correct?
Also, in my opinion, increasing the float and doing an r/s have the same net effect, in that both lower share holder. A larger float of shares, means our shares are worth less, because there are many shares, correct?
An r/s lowers the share count, and each individual share price goes up, but since investor have fewer shares, the investment is basically worth less, correct?
However, in my opinion, increasing the float of shares is overall better than an an r/s.
Any thoughts on this?
All the more reason why INNV will merge with AYTU, because AYTU is just as corrupt as INNV is.
Remember when you were all bullish on INNV and tried stocking/selling Fluticare in your store, but could not stock it for some reason? Or, am I getting you mixed up withe someone else?
Even if you wanted to sell Fluticare now, as you know, you couldn't because Dr.D keeps INNV money for himself and therefore can't make Fluticare anymore.
This is just more proof that Dr.D does not want INNV to be successful, he stocks and pushes snake oil and does not stock or push legitimate products.
As you know, INNV is just a share printing-life-style-company to support Dr.D's lavish life of luxury, a yacht, and steak and caviar daily.
I contacted POTN at investor@potnetworkholding.com and https://www.potnetworkholding.com/contact and I asked why there have not been any meaningful business related press release over the past several months and if they are under a gag order due to the arrest and court case surrounding Charles Vaccaro and if I get a response, I will post it here.
I still stick by my comment that it and Innovus are stupid.
Why doesn't someone simply ask Hagen or POTN if they are under a gag order or not?
Also, If Dollar General knew that POTN was under a gag order and had a trial going on, they would probably stay away from POTN, as would most other businesses, just due to the shady nature of it.
However, even if POTN was under a gag order and did get a deal with Dollar General, which I'm sure they didn't, even though POTN might not be able to announce it, Dollar General probably could announce it.
I know that Hagen got loans on good terms, but why then is there such high dilution? What in the world, if you have a good loan, why the dilution?
It's really dumb that the bid is at .06 and the ask is at 2.69.
What does it really mean though? Is OVIT going to be reborne as a reverse shell merger? Or, does some just have to gamble with and/or does someone just not want to give up their shares and wants to hold onto a long shot.
Their is more to a company than trading shares, gee...It would help if it was not dormant!
They want 500,000 shares of this cheap stock/dormant company, because they have money to burn and can take the risk, it's not because they know someone who knows something, or because the company is going to be reverse shell merged.
I agree GI, OVIT is screwed and so are we.
MoneyMaker, I agree with your take on this. It could be that Hagen doesn't care anymore, because he knows POTN is going bankrupt, or it could be that CEO is his 2nd job, in addition to being a full time lawyer, or it could be that due to the FBI case, POTN is under a gag order.
However, if POTN was under a gag order, I would think that it would only cover the details of the case. I would still think that Hagen/POTN could still issue press releases about trade shows, business partners (if they had any) etc.
I would assume that this quiet time, is because Hagen knows POTN is screwed and so are its' investors. What are your thoughts on this?
Did you 100% sell all of your POTN shares? If so, did you make any profit?
Thank you in advance for your reply.
That's for letting us know about the gap at $3.50 and based on that, could you let me know what that means? What should I except with the gap at $3.50? Is ATRS going down to $3.50 or down some, because there is a gap at $3.50. Thank you.
That's a good point and a good question. The reason why I'm staying in POTN, is because I've already lost so much, what's losing my last $1,000? I might as well stay in and hope for the best. I doubt this will work out, but maybe in a couple/few years it will go up, w/o an r/s? However, POTN will probably be out of business in 2020.
That's interesting MoneyMaker111, never thought I'd see you not believe in POTN. Did you sell all of your shares? Or, are you just not buying more shares? It surely looks like POTN is screwed front to back and upside down. I'm still in POTN, looks like I'll loose every penny.
I don't understand your question.
Hi, in my opinion, having been invested in Innovus for four years, having read all posts, having read all articles, I would stay 100% the hell away from this scam Innovus, nor would I buy any of their snake-oil products.
In my opinion, the only way you might be able to make some money, is at some point after the merger, shorting the stock, which I don't recommend.
My problem, was that I invested first, after the hype and listened to the pumpers, before I did my due diligence/research.
I should have listed to my gut, when I thought the products were snake-oil and when I heard Dr.Damaj's fake enthusiasm on the conference call, where he literally sounded like a fast talking, hill-billy auctioneer...The fast talking/fake enthusiasm was to con people and get their emotions up.
Any article that states Damaj got the stock price up, anywhere at anytime, does not admit that it was due to a reverse split.
Stay the F out of Innovus.
There is a 1 in a million chance that you could make a dollar back.
If you want biotech, look at these...
ACAD, ATRS and LPCN. Lipocene just failed FDA approval a second or third time, but should get approval next submission for the Testosterone increase pill, which has a few applications/benefits. The share price for LPCN is down, but should only go up from here.
ACAD and ATRS are both on their way up and the only thing that I think might go bad for biotech's in general is if the republicans and democrats start talking about price gouging and going after big pharma.
Thank you for the information. I believe you and will check it out as well.
However, you have to admit that their P.R.'s are childish and lack solid information.
You also have to admit, that this sure seems like a share printing, pump and dump scheme, to a degree, with the massive amounts of stock dilution, yes/no?
No, I've never ordered Everx. How do you order it? I did see pictures of tanned body builders with it at that Arnold weight lifter show.
Right, I'me not even convinced that pura has any real products. It seems like what pura produces is not water, but their product is printing shares. They don't advertise their water, they advertise their vague and unverifiable PR's of having new distributors, etc.
2020 is an election year. When both republican and democrat candidates target big pharma drug prices as the evil enemy (even though drug development costs are high) how will that screw over our profitability, in terms of causing the stock price going down and not up.
Remember, in 2015 Hillary tweeted that drug prices need to come down and that she was going to take on big pharma and that very same day, big pharma stocks tanked down at least 6% and I suspect much more.
Isn't it a dangerous as hell risk to be invested in big pharma in 2020?
If Trump runs and wins, wouldn't that bode well for being invested in fossil fuel stocks instead?
2020 is an election year. When both republican and democrat candidates target big pharma drug prices as the evil enemy (even though drug development costs are high) how will that screw over our profitability, in terms of causing the stock price going down and not up.
Remember, in 2015 Hillary tweeted that drug prices need to come down and that she was going to take on big pharma and that very same day, big pharma stocks tanked down at least 6% and I suspect much more.
Isn't it a dangerous as hell risk to be invested in big pharma in 2020?
Over the past couple of years, I used to post on here and on Yhoo and the https://innv.forumactif.com and I was called a basher and even called a soft basher and was even banned from https://innv.forumactif.com.
Well, how do you feel about me now, that you've lost everything?
FYI, I've lost everything too, because I listened to you instead of going with my gut feeling.
I went from having $14,408 worth of stock, to $555 worth of stock, a $13,853 loss.
Kaboom!
Batermere, where are you? Are you still in AVXL/INNV?
Almost back at pre split prices.