Minding my P's & 10Q's
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First post ever- I'm in a Pump for the long haul.
Seriously?
As PREDicted - once we broke $2.50...
Look out below!
On a day like today most people have better things to do that watch this and try to keep it propped up.
But I see someone is trying.
GLTA
Once we break $2.50...
It will be really interesting.
I vote for - All is well if Grandma is left holding the bag!
Levitation of an inanimate object is hard.
It is really costly to make a stone float, you can only do it for so long.
I'm sure PRED will find its level soon.
That's me! Negative on scammy stuff.
Also I just noticed Dr. Prince has been on the finance board for 2 years as well. Thank God he has just been added to the Science Advisory Board now ALL will BE WELL. Funny how it was announced like a new addition to the Company.
from the Jan 17th PR:
“I welcome Greg to the PRED team. His vision and experience in applying data analytics for disease identification and understanding of the individual will help ensure each and every patient receives the most appropriate therapy at the earliest possible point of intervention,” said Bradley Robinson, CEO, Predictive Technology Group, Inc. “Dr. Prince has already contributed greatly to society and the health of newborns. He is passionate about applying his career knowledge to improve quality of life in other population groups.”
How do you welcome someone to the team after two years? That is just rude!
PRED recycling old news on appointments!
Ron Barhorst appointed as chair of PRED Finance Advisory Committee has already been on it for 2 years. PRED is 10 years behind on Audited stmts so what the heck has he been doing.
First appointed to advisory board in 2016
Now Chairing the Committee
Maybe it will all change now that he is Chair!
Let's hope he does more than in the past 2 years...
This is recycled news what exactly have he and the other advisory board members been doing since 2016?
Predictive Technology Group, Inc. (PRED) Announces Initial Members of Financial Advisory Board
Ron Barhorst appointed as chair of PRED Finance Advisory Committee has already been on it for 2 years. PRED is 10 years behind on Audited stmts so what the heck has he been doing.
First appointed to advisory board in 2016
Now Chairing the Committee
Maybe it will all change now that he is Chair!
18,000 Form T at 3.13
28.5% of the volume.
That is because the statements for these Merle Ferguson/Rich Kaiser Scams like ELGL PRED etc are actually done by Rich Kaiser and CS & S Enterprises which was at least at one point owned by Rich Kaiser from a filing I saw yesterday. I'm guessing CS & S may only have 1 employee and that would be Rich.
I'm not sure in what world it isn't considered fraud to just have your IR bagman make up the filings but obviously it works fine for Pink as long as some lawyer signs off that in their opinion the financial statements are adequate.
Agreed, however at some point they should be able to upgrade their staffing in the finance area and start getting the results out at some point.
I do think they will be a survivor and that good things are ahead. We don't have a bunch of promo here saying this is going to $5-10 and will be the dominate player in U.S. weed.
The business model makes sense and they have what appears to be enough funding lined up to support the company over the next few years. This gives KAYS a longer runway which means the inevitable execution mistakes and other issues that are coming up can be better absorbed on the way.
All is well, like ELGL?
SM - IMO the words FACTS and OPINIONS may not mean what you think they mean.
As for Agenda, yes I have made money by being short PRED and I think there will be an opportunity to short more if you manage to levitate this higher.
Anyway in terms of ALL IS WELL just because you say something is well it does not mean it is well. Anyone who looks at your record can see this.
An undisputable fact is that the iHub posts are public record and we can click on your name an see ALL of your posts. You do not have a very good track record with saying ALL IS WELL. In fact investors would most likely have been able to make $$$$ but doing the opposite of what you say is your opinion.
It appears that the sandman70000 alias has been used to mainly comment on PRED and ELGL both of which are Kaiser Ferguson deals. As you say you trade in opinions but it is a fact that All IS NOT WELL at ELGL. It is a proven scam and your other posts not on PRED or ELGL have been on what appear to be fraud/scam companies like MINE, SOLU and PBLSQ.
So if all is well with PRED means it is destined to go sub-penny, be suspended by the SEC or have a STOP put on it by OTC Markets like the other names you have touted, then I don't think ALL IS WELL means what you think it means.
In my opinion if you say buy someone should sell, if you say sell they should buy. Your posts are a strong contra-indicator.
I think $2.50+/share profit is a pretty strong motivator.
I said it before everyone lots of shares in friendly hands until some friends want to get out earlier than others.
I came into this from looking at PRED.
I think I had looked at ELGL at OTC Markets and missed the Stop until today. My bad.
You are right on PRED it certainly appears to be a steaming pile of a scam.
8,640 shares in the last hour...
Got us back up to $3.27. Not quite 30G's
Now Hoodwinked that was a good film.
I'm waiting for a Seeking Alpha piece to come out on this or do they do that anymore?
There must be more news in the hopper as we only have 10 more trading days before they either say they are filing late or they will be providing new financials for Valentine's Day.
Whoo hoo!
STOP now on ELGL at OTC Markets
By time will tell do you mean the STOP that is currently on this at OTC Markets?
Why is this thing at a dollar?
I prefer "Extraordinary Popular Delusions and The Madness of Crowds"
It is a classic...
It is meant to go to $50
ASITIS - I can't understand why anyone would sell either but I was once told that if I was buying a share someone else had to be selling.
No one seems ready to take out the offer at $3.32 yet. It would seem like a no brainer.
Maybe that ask gets slapped in the last minute of trading.
Another way of saying if You are Buying then They are Selling
Wow that was a nice stair step.
Subsequent Events - Note 9
NOTE 9 Subsequent Events Management has evaluated subsequent events through October 9, 2017, the date on which the financial statements were available to be issued. On or about July 25, 2017, Surgenex, LLC filed a lawsuit against Predictive Therapeutics, LLC, Predictive Biotech, Inc. and others. With respect to the Predictive entities, the complaint alleges unjust enrichment, conspiracy, conversion, misappropriation of trade secrets, tortious interference with business relations and other claims. Litigation is subject to many uncertainties and outcomes that are not predictable. However, based on the information available to us, we do not believe any of the Surgenex proceedings will have a material adverse effect on our business, results of operations, financial position or liquidity. Further, the Company denies the allegations in the complaint, has not discovered any evidence of wrongdoing with respect to the allegations and will vigorously defend the claims.
C'mon - Kanye will be President!
Did anyone miss the lawsuit ?
June 30, 2017 Annual Report:
NOTE 9 Subsequent Events
Management has evaluated subsequent events through October 9, 2017, the date on which the financial statements were available to be issued.
On or about July 25, 2017, Surgenex, LLC filed a lawsuit against Predictive Therapeutics, LLC, Predictive Biotech, Inc. and others. With respect to the Predictive entities, the complaint alleges unjust enrichment, conspiracy, conversion, misappropriation of trade secrets, tortious interference with business relations and other claims.
Litigation is subject to many uncertainties and outcomes that are not predictable. However, based on the information available to us, we do not believe any of the Surgenex proceedings will have a material adverse effect on our business, results of operations, financial position or liquidity. Further, the Company denies the allegations in the complaint, has not discovered any evidence of wrongdoing with respect to the allegations and will vigorously defend the claims.
Check out the WARRANTS & Shares Issued
Hi Orangeman,
By my count there are 20+ million warrants at $0.50 out there. Happy Daze!
You can find out a lot from the Quarterly stmts and Annual Report from June.
There are a ton of cheap shares and warrants out there and they are coming free as well as the potential for 144 sales:
April 15, 2015, Global Enterprises Group, Inc. (“GLHO”) - acquires majority interest in Predictive Therapeutics, LLC. then changes name. Ticker goes from GLHO to PRED. Just read up on GLHO if you want nightmares. The Company issued a total of 131,058,458 shares of common stock in this transaction.
November 6, 2015 - LifeCode acquired - The PRED issued 6,891,870 common shares to acquire LifeCode
March 28, 2016 - ReNovo Biotech, Inc acquired - PRED issued 9,500,000 common shares to pay for this.
From the September 30 statements:
NOTE 7 Shareholders Equity
As of September 30, 2017, the Company had 204,186,308 shares issued and outstanding or pending issuance under contractual obligation.
Subscriptions for 635,000 shares of common stock were received and accepted as of September 30, 2017. Each subscription has a corresponding warrant exercisable at $0.50 through August 1, 2021.
The Company has issued 5,755,000 warrants in exchange for consulting and marketing services during the period.
From the June 30, 2017 Annual Report (issued way late btw):
Subscriptions for 8,726,920 and 130,000 shares of common stock were received as of June 30, 2017 and 2016. Each subscription has a corresponding warrant exercisable at $0.50 through August 1, 2021.
The Company has issued 5,120,000 warrants in exchange for consulting and marketing services during the period.
In addition, the Company issued 260,000 options for consulting services.
I'm not sure how I would feel competing with those who have a 50 cent cost basis here.
Patent 9,840,738 - Owned by Juneau Biosciences
If you guys would actually read what little financial information they actually file you would not be so bullish on this business.
PRED may have announced the patent but it is actually held by Juneau which is where the real value is. Predictive has a license agreement with Juneau:
Upon first commercial sale of the of licensed assay, the Company will issue Juneau common shares with a market value of $2,500,000. Net sales, once commercially available, are split evenly by the Company and Juneau after deducting the cost of the lab test fee, subject to certain minimums.
Before you tell me that PRED owns Juneau:
Juneau Biosciences, LLC. The Company has license agreements with Juneau as described in note 3 and has convertible notes receivable in the amount of $2,870,380 plus accrued interest as described in note 2. If converted, the Company would gain approximately 10% ownership of Juneau. Additionally, the Company owns an interest of 11.885% in Juneau through its wholly owned subsidiary, LifeCode.
Further the license agreement only covers LESS than 25% of potential sales:
The license agreements with Juneau are limited to specific markets which management estimates to be 25% or less of the total market Juneau intends to seek. Juneau regularly seeks, and has received, investments from private investors and holds debt from other creditors. Juneau’s management and board of managers are independent of the Company (PRED) .
This is all in NOTEs 3 & 5 to PRED's last quarterly statements. Available on OTCMarkets.com
This can basically be summed up by the second last paragraph of Note 5:
Accordingly, Management has concluded that the Company is not the primary beneficiary of Juneau Bioscience and accordingly, does not hold a significant variable interest in Juneau sufficient to require consolidation.
Further the Quarterly Financial Statements are so poorly put together that we actually skip from Note 5 to Note 7. I don't know what was n Note 6 but perhaps it could have highlighted that PRED spent a grand total of $12,500. In the last quarter. That is it not even the cost of a Honda Civic spent on R&D in the three months ended September 30th, 2017.
If you want to see how well things work out when the real value of a business model is held by another party you can check out ACNV which also had YES International as an IR firm. There is no evidence that PRED has done anything wrong but my point is that the real value lies with Juneau and PRED by their own admission does not control that value.
You can also see an example of a similar situation with GRMX where you had a company actually doing high-tech work Garmatex Technologies (not public) and then Garmatex Holdings (GRMX) which was run up by Promo activity before crashing. GRMX had an agreement with the actual company doing real work but the relationship was overstated by Pumpers leading to a big run and a nasty collapse.
Well said. This should be a STICKY!
Well everyone is "friendly" until they have a chance to make $$$$ by selling some stock just ahead of their friends.
Thank you Brooklyn, but...
I'm just one person no other aliases and I'm just calling it how I see it.
I could be wrong but I shorted above $3 so this is a free option for me.
I'm pretty sure this blows up because of who is running this and the track record of other deals.
Yes there will be lots more shares coming!
Also the short position is more than 50,000. I can personally gtee that. I don't think it is that large and some of this buying is short covering. Once the volume dries up on this one it takes a while to unwind any sort of size without jacking the price.
FWIW - Some Paid Promo
In case you are not aware of some of the behind the scenes stuff here.
http://www.mytradingstocks.net/special-stock-situation/
This is the PRED disclaimer from HotStocks.NYC:
"Below Are HotStocks.NYC Special Situation Stocks
Predictive Technology Group Incorporated (PRED)
See the disclaimer at the bottom
$PRED a third party sold $175000 shares at a significant discount to assist with business plans corp decisions on a variety of companies which $PRED is one of them
PRED News
It's the big number!
https://www.otcmarkets.com/stock/PRED/profile
The float info is dated and the TA has verified the other numbers.
12.4m shares held at DTC so easy to trade and the number will grow as the now unrestricted shares are deposited. I will give them credit as they have done a very good job managing this run and keeping discipline on the sales. It will be interesting to see how this breaks down with more free trading stock available. I know if I had a pile of shares in a stock that just ran to $3+ I might be tempted to sell.
You can actually call the TA and ask them about this if you want to:
Transfer Online, Inc.
Transfer Agent
512 SE Salmon Street
Portland, OR 97214
503-227-2950
http://www.transferonline.com
info@transferonline.com
This is pretty much Word Salad.
Did it come off one of those sites where a computer program writes the same thing about different companies and just changes the name and data values?
You could be right but if this runs much higher say to a market cap of $1 billion plus it becomes very investible as a short idea for institutional investors. There will be enough juice as you say for a proper hedge fund to short this and those guys are not looking at a retail account seeing if they can get a borrow. They will get shares and call a friend at the SEC to come knocking...
Also the nice thing about this is that given the skeletons in the closet and lack of audits for so long it will be very costly to clean up and try to flip the field on this.
I expect they will run it back to $2.90 plus in the next few minutes but the volume will mean an ugly candle and the VWAP will keep trending down.
I sold in the 3's so if I need to I will cover for a handsome gain and wait to reload.
In terms of a crash that could happen if there are any issues keeping the guys doing the behind the scenes work happy. I have seen quite a few deals recently where certain people didn't get compensated and they dumped enough stock to blow every thing to high heaven.
I'm having fun being negative on this as it is painfully obvious what is going on and we have multiple people trying to say this is the next big thing.
If only there were shares available to short on this stinker now...
It would be dropping like a stone. Got to love the small tight float.
Did you look at level II before you posted that...
Sales with any volume are going my way.
My prediction is volume will continue to dry up and this will drift down and a few high closes on light trading won't help the VWAP.
So over the next little while depending on entry point people will get bored and take profits or get fed up and close their position when it doesn't move.
Eventually we will have some sort of raise that will dilute the stock or we will get to actual results and the bloom will be off this.
At that point we all go back to where we started. Most people will be happy because of how this traded except some will be left holding shares they bought in the high twos or even worse in the threes.
Good luck and Godspeed
School House Rock - I'm just a Bill
I'm just a bill.
Yes, I'm only a bill.
And I'm sitting here on Capitol Hill.
Well, it's a long, long journey
To the capital city.
It's a long, long wait
While I'm sitting in committee,
But I know I'll be a law someday
At least I hope and pray that I will,
But today I am still just a bill.
Wow - this is really on again.
I made money shorting a while back but not sure I want to step in front of this right now.