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CNBX is racing down as of 9:43am. Dropped from 1 cent down to 3 cents down in seconds.
Does anyone have a reason why this is continually dropping in light of the fact that they do not need to sell to cover debt and all of the positives that have been happening?
One of the greatest MMJ companies with product in the market and cutting-edge technologies and world-changing work taking place in Israel.
???
Take care, Jim
Based on the past years reporting dates, we are due for a 10-Q.
Not sure if it will bring any new revelations, but I would like to see a little more news regarding everything this company is accomplishing.
Take care, Jim
My thoughts exactly! Thank you nsomniyak! Very glad to see the photo posted.
Take care, Jim
Thank you RJ693 for posting a photo!! WINNER, WINNER, CHICKEN DINNER!!!
Here we go folks, proof that it is arriving with a date in the background! This should help push the pps north!!!
Thanks again RJ693!!!!!!!
Jim
I had considered spending $ 99, but figured when people say they have it in hand, it would make sense to simply ask them to post a photo.
Another Ihub member PM'd me a photo of his computer screen showing that he ordered today and said he plans to post whether he gets it or not, with a photo as requested if he does.
So hopefully, between him and others on here, we will see proof in the next few days and help push the pps north.
If you have received product, it is imperative you post a photo with a current newspaper to show it.
As I have said, rarely are shareholders so in control of a pps.
Dilution, press releases, nothing matters more than seeing that product is actually shipping.
We have been following this since March 2015 and it has been literally the same story. "Greatest product ever, Dr. Otiko very excited, more news soon".
You can make the pps jump if you show you have received product. Without photos: Dilution, pr's, etc do not matter.
Thank you, Jim
Please post a photo of the product with today's newspaper to put to rest with all the doubters that this is really happening... or confirm to all the doubters that they are right.
Rarely are shareholders so in control of a stock price. If you show this arrived, pps will go up. If we cannot confirm delivery, then it is the same sideshow we have had since March 2015 and before and a bs session.
I am excited to see a pic of the product with the paper showing today's date!!!
Thank You! Jim
Thanks, captainscotty! I agree about Sessions. I think his bark is worse than his bite on what he can really accomplish going up against state's rights, but I think his threats are enough to keep big money from investing in MMJ. What a bastard.
Trump campaigned as pro-MMJ and even pro-MJ as far as respecting laws in place, then immediately went after the extreme "Grandma" vote to help keep some support.
I hate the party system and vote the man, but through the years in a lot of ways would be considered a Republican business person. But the Republican party of the past 20 years really hasn't represented what I consider to be the Republican Party. McCain's Campaign, Romney's Campaign, etc haven't stuck to what Reagan envisioned.
Take care, Jim
With people saying they have it, hopefully, Florida is not much of an issue.
For those that already have product in hand, I think it's appropriate to ask for photo verification of the product with a newspaper showing the date.
That's not impatience, that is due diligence that can move us beyond various concerns.
Take care, Jim
Dilution is not an issue if people do not start posting photos of their bottles with a dated newspaper.
If this stock hits another stumble of "oh, we haven't actually shipped yet", the pps is going to drop faster due to perception than due to dilution.
Show us product is really shipping and dilution will not be as big an issue.
Fail to show that sales are really happening and dilution will not be as big an issue.
Simple as that.
And now we wait....
Take care, Jim
Please post a photo of the bottle up against your latest copy of your local newspaper's date so we can confirm for people that this is truly being delivered.
Thank you, Jim
Any idea when such a run will come about captainscotty?
Thank you, Jim
Help with your question: Sales have started due to product shipping to fill pre-sales but as of today the litigation is still going and appears to be near resolution.
PR of this broke VDRM out over 27% up today.
Take care, Jim
The fact people are wanting to buy in at that price and at that big of a share count is the best sign I have seen in a long time.
Somebody wants in and wants in big.... finally, some good news!!!
Thank you!! Nice DD work!
Jim
Thank you for posting this tomi187! Yes, for those with experience, please share with us if this is common, what it may mean, etc.
Thanks again, Jim
Lord, I hope so!! I cannot get over the year this company has had and the drop in stock it has to show for it.
Oh, we only found a major investor, eliminated our debt, received a great patent report, found 100% apoptosis in all cancers tested, received kudos from the Ministry of Health... the list goes on and on.
But, you know, nothing to see here folks, nothing worth raising the value of the company. :)
Take care, Jim
Last I heard this has been the stated ship time, but when you order, you receive an email that the product is not ready yet and will ship as soon as it is available.
Has this changed? Has anyone received their order?
Not trying to be negative, but I am trying to discern between same old situation and actual progress.
When people have it in hand, take a photo with that day's newspaper and post it!!!
I want my stock to go back up as bad as anybody, but I am also wanting to know what is actually going on.
Thank You, Jim
This is true. Casio Blu Ray player orders are flying off the shelves in Japan. Most of us just do not happen to be invested in Casio.... :)
In a nutshell, here is VDRM's dilemma: We now have people in the US placing orders via Biogenx, etc. Placing orders for a product we have been told "is shipping", which means it exists.
Then, when our cohorts do not receive their $ 97 order, they receive an email from Biogenx that the product is being completed. We have been told for both the US and Asia markets that the product is in containers (were even shown photos of the containers) and that it was shipping and sales would be reflected in the next quarterly. As of yet, none of our customers have received product, there is no product shipping, and now we are being told it is being completed.
I am heavily invested here but let's begin to cut through and realize we are seeing basically two stories: It is ready, and it isn't ready. I am beginning to believe that the people that have spent $ 97 and not received anything for their purchase other than a follow-up email are showing that it is not ready. I have entertained in my previous post but that this may be due to the court case, but still, let's be upfront that nothing is shipping.
And for that, we should be getting clearer answers than second-hand reports from people that have "talked to IR". We should be getting actual reports from IR, PR's from the company, etc.
I have kept my mouth shut forever on this, but it is about time to hold the company and IR to the fire regarding actual, legit info. And they would be advised to give exact dates and drop the word "soon" from their vocabulary.
Just my thoughts on trying to cut through all of these "I heard from..." posts from IR, etc.
Take care, Jim
Why we're not seeing sales/revenue or other PR:
In what I am seeing, I think sales are being held up because, if VDRM shows a good income stream and good financial results from sales, Keough will demand money in the court settlement.
If there is only a possibility of future fortune but no money to show at time of settlement, then Keough will settle for shares, which VDRM can grant without having to come up with capital by a certain date.
In short, based on the fact Biogenx is holding up shipments (ie, holding back sales/revenue), and all of the other news that we know from sources outside of VDRM, I think they are holding back to sway the type of restitution Keough will have to settle for.
There has to be something of value for Keough to be spending money in court, and for the court to not be dismissing the case, and VDRM and company have all the reasons in the world to push for a settlement that does not include a cash payout by a certain date. I'd say we are in a waiting game of when the case will be settled and what the settlement will be. Keough will not want to spend money indefinitely.... he will offer a settlement for shares.
This should be a sticky. I cannot figure out how this company is accomplishing so much and is staying so low. ?????
Seeing as some of us are buying it, "No Sales" is kind of impossible.
I approve this message. Jim
Thank you!! Jim
Can you paste the section that states distribution has been held?
Can anyone corroborate this or have any comment from IR on this?
Thank you, Jim
Thank you for posting this Matt. Jim
"The process, advanced by Cannabics Pharmaceuticals, expands the firm’s proprietary know-how of personalization of CBD drug. The prevailing invention relates to a combined system and method for evaluating the sensitivity of a numerous of CBD-based treatment modalities on patient-based primary tumor biopsies and blood circulating tumor cells. This recent patent submission is a strong message and a dynamic reflection of the firm’s target: Cannabics products and methods will allow exquisitely accurate medical cannabis offerings to be applied into mainstream medical practice in the coming period".
Not to give anybody a hard time, but the last news update up in the bold green news alerts was in April and the last sticky is about the 5mg tablet.
For some reason, with all of the news going on about this stock, this board is extremely quiet and the posting of news is pretty non-existent.
That may not be a big deal, as maybe this board is not a big source of news for CNBX investors, but it definitely makes me question why this board has went quiet when big things are actually happening (extremely good test results, investors clearing up debt, patent news, etc) and the board is quieter than back when nothing was going on.
Then again, I can't figure out, based on the amount of things happening with CNBX, why it is hovering around $ 1 instead of $ 30. Companies with less going for them have much higher PPS.
???
Take care, Jim
Big News! May Deserve A Sticky and Update to the News Above!
http://www.prnewswire.com/news-releases/cannabics-pharmaceuticals-files-national-phase-applications-for-its-system-and-method-for-high-throughput-screening-of-cancer-cells-300524897.html
Is that statement from Biogenx or Galaxy?
Thanks, Jim
Please elaborate if you are seeing something in the news, etc.
You would think after the great results from the studies, having product in the market, having found an investor that wiped out their debt and gave them money to move forward, and all of the positive press, that it would be worth a heck of a lot more than it is right now.
Indeed, this has looked ready to pop for some time. If anyone can answer why it hasn't, I would love to hear their theories. Big pharma can only hold it down so long before someone else in Big Pharma is going to want to scoop them up.
On perception of future gains alone CNBX should have a PPS of at least around $ 30. ??????
Are there any "longs" here that have been invested in VDRM since March 2015 or before, and if so, would you be willing to share your thoughts of having been invested in VDRM since that time?
Thank you for your time! Jim
The mints, chapstick, etc do not have a dual release capsule where part is released immediately and part released later so as to allow for 12 hour release.
Yes, as of late, what you mention is at the forefront for CNBX.
However, it is nice to hear that their other products are making headway too. Perhaps we will end up invested in a company that has eggs in more than one basket.
Most importantly, I contacted IR awhile back and asked that they put in writing that Chris Otiko, Mrs. Otiko, nor anyone tied to or employed by VDRM in any way are employed by, tied to, or part of Galaxy Solutions, and they did put in writing that no one tied to the Otikos or VDRM are affiliated with Galaxy.
I didn't want a situation where Otiko is his own customer for PR sake. I reminded IR about the legalities of being a publicly traded company and what putting this in writing would mean, and they did it.
For what it is worth, they would definitely be on the hot seat if they were false in putting that in writing.
The caps premiered in Colorado in 2015 and are making into other states as they get a handle on their legalization.
While not the major focus of CNBX's work right now (ie, cancer research in Israel), it is still good news to hear that CNBX products are gaining ground in the United States. I believe Colorado, Oregon, and soon Arizona and Nevada will now be selling CNBX long release pills.
The reason this is important long term is due to human resources. Here is the deal: When I was in HR, even though beer is legal in Ohio, you could not bring it on company property, say in a cooler in the back of your truck because you planned to leave for vacation straight from work. If found with beer, a legal product, on company property, you were fired.
Marijuana is going to face the same battles. Even though states legalize MJ or MMJ, companies do not have to let you bring it to work.
However, if your MMJ is a 12 hour long release CNBX capsule, you can take it before work, and again after, and never have to bring it to work. This is not the same with GWPH's sprays that last 4 hours. You would have to somehow leave work to re-medicate every 4 hours, and of course, if the spray spills, you just poured a banned product all over your car, purse, etc, and do you drive to work, carry the purse, etc?
The CNBX victory may come in major strides as we get more results out of Israel and if a big pharma decides to buy them. But in the meantime, small strides like the pills and capsules will slowly allow CNBX to gain a foothold in MMJ. A foothold GWPH has grown into a $ 110 PPS as of today.
Spoke via email to a rep from the Rosen Group over the weekend, the firm that handles CNBX caps in market.
CNBX caps (Wana Caps, etc) are about to begin selling in Nevada and Arizona.
Adding to the number of states will do us good! As I understand, Oregon is up for contention as well. (Oregon is just from past conversations, but AZ and NV were specifically mentioned this weekend).
Take care, Jim
Does the chart foretell how soon we can expect to get off of the dollar menu?
Five dollars, fifty dollars, any idea when we can expect to see a legitimate PPS?
Thanks, Jim
Hats off to CNBX. Very few stocks have the ability to have 100% successful clinical studies across all cancers tested, cause apoptosis of cancerous cells while not damaging normal cells, have product in the market, have a major influx of investor cash, be featured in Rolling Stone Magazine, and still stay at around one dollar a share while companies like GWPH that do not have articles in Rolling Stone and most people have never heard of are trading at $ 109.
Kudos to CNBX for staying so humble!!!
Has the dilution started? Do we know when is scheduled to start, etc?
Thank you, Jim
Wanted to make sure Dr. Otiko is in no way his own customer or the dba of Galaxy and asked IR to confirm. Their confirmation that there is no affiliation between Otiko/VDRM and Galaxy is below:
ViaDerma Investor Relations <info@viadermalicensing.com>
10:40 PM (15 minutes ago)
to me
They are not. Galaxy is a separate company with no affiliation to Dr Chris or his family.
Jim
4:50 PM (6 hours ago)
to ViaDerma
Hi,
Sorry to hear about the issues.
Completely understand the transparency clauses regarding being a public company. Can you confirm that Chris Otiko, his wife, and no one involved with Viaderma in any way is also involved with Galaxy?
Thank you for your time, Jim