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Tom, I know, I think it's been 3.5 years since the delisting. At one point during that time, things seemed to be on the up and up and we even had reason for some optimism. Something must have fallen through. Maybe with a financing arrangement, and/or a trial didn't pan out. Who knows? A real head scratcher. Beside anything else though, I'm just so disappointed that they have never even attempted to communicate with us shareholders. A total disregard.
Hello? Anyone there - there - there - there? I wonder if this might be the final post on this board lol.
Volume of 10,739 yesterday. Who - or what - is still trading this thing?
NASDAQ would be nice, but how about just going back to being a penny stock? An uplisting can come later, on the heels of news.
I've certainly curbed my enthusiasm. I wonder if they are even operating anymore. They did supposedly get $3M but did that ever materialize? Something tells me they're not a going concern anymore.
Just an utter disregard for us shareholders. Gotta say, it was a fun company to own back in the day. Remember when they announced a breakthrough in treating Covid. The delisting followed soon after.
A minute change with my Schwab view. Instead of seeing "N/A" in one or more columns, I'm now seeing $0.00. Now that's progress lol
Crazy shit but what else is new? Thanks for your take, as always. A good thing is that the $3M they (apparently) got fairly recently has been keeping this a going concern, with the trials etc. they've detailed in the 10-K proceeding apace. At least by all appearances, that is.
So with the new ticker, there will be fewer shares. So there must be a formula somewhere for converting VODG shares to VTRO? I take it then that that would be the share count that's already showing on Schwab for CUSIP 928501402. How did they arrive at that share count? OK I'll have to go back and see how many I used to own.
With 4,430,535 shares outstanding, $15 per would make it a $66M company. Ambitious indeed. Just start trading already and let the market determine what's worth what.
Sure, let it be a penny stock. We can always uplist later if things start to go well. Right now I'd be thrilled to see it priced at anything, a fraction of a penny or whatever. The PRs can always start then, at which point anyone can buy or sell as they wish. Ah those were the days!
Tom, thanks. I attempted to go through the 10K.... lots about the business, which is good, but don't see anything about getting relisted. What section are you looking at?
Haha I just hope I'm sitting down if and when something like that actually happens. For sure, a new CFO can only be good news. What makes you think that he'd be highly incentivized? I mean, you'd think that would go with the territory, that that would be a CFO's primary goal here, that he'd be real motivated to have this thing succeed, but are you basing this on anything more than that?
Tom, thanks for your insights, as always. Their opaqueness, especially now, is puzzling for sure, but hopefully things will start to happen now that we're in the new year? I hedge any real optimism, of course, seeing that this shitshow has been going on for so long.
Tom, sounds promising. Should be interesting to see how this prices out.... if it ever does, that is. At this point, seems it would be a major accomplishment just to get relisted at *any* price, let alone to qualify for NASDAQ. We can only hope!
I’d take $10. I see Schwab is no longer showing VTRO but rather the CUSIP. I see this as a good sign, that something’s in the works.
Wow they actually said the L word, legacy. Sounds promising indeed. Yes, you'd think they'd want to do a little PR to drum up interest. Fingers crossed!
But if they do want to bypass us, why not just keep on ignoring us? It's worked like a charm for the last two or three years (I've lost count LOL), so why not just keep on doing it? Then one day you find, ten years have gone behind you.... and, yes, you've missed the starting gun.
Having said that, I just don't get it. What better way to do raises than to simply issue more shares? That way it doesn't have to come out of anyone's pocket.... except, of course, us shareholders.
But couldn't they try to get around having to buy back our shares? They have a new symbol. Couldn't they attempt to start from scratch and leave all of us pesky shareholders in the rear view mirror? Risking litigation needless to say, but maybe they'd bank on us not pursuing it. After all, it has been years now that we've been frozen out, and we've done nothing.
Makes me wonder if their plan might be to avoid a relisting altogether and turn it into a privately held company. That would be unheard of for a biopharm company without any revenue imminent, but again, perhaps they have reason to believe monetization is not that far off.
Well at least there's *something* going on. And Schwab still has VTRO listed in my portfolio, albeit at a zero value of course. Again, I just can't believe someone would continue to fund this company if there wasn't an expectation of more funds coming in from elsewhere sooner rather than later, or perhaps they are *really* close to announcing a breakthrough of some kind. $2 million is enough to keep the lights on for quite a while though.
Oddly enough, I see trading volume of 2,043 today, for a nifty gain of 9,900%. I guess some zombies out there are pulling the trigger as they roam about.
Haha BBB has checked out huh? Well I guess we're all pretty much throwing up our hands at this point. Still, thanks muchas for the update Tom. Good to see that, in some shape or form, it's still alive. The floundering fish that has been pulled up onto the dock is still trying to thrash its way back to the water. OK so apparently there's a deep pocket out there putting up a couple million, but I find it hard to believe that the said pocket would do so if they weren't convinced that an IPO would ultimately succeed. No way a biopharm company like this, without any current, or even impending, revenue, could get by without more infusions of cash down the road. As you say, dilution into oblivion - a common fate of companies like this.
That really is a shame. Simply put, their treatments have shown great promise in treating debilitating conditions for which no cure has been found.
Tom, do we really think they’re still a going concern at this point? Hard to believe they have any cash left to burn through. If they are still burning, through what little they might have left, then surely that means they think a future cash raise is still on the table, otherwise it’d be throwing good after bad.
Tom, do we really think they’re still a going concern at this point? Hard to believe they have any cash left to burn through. If they are still burning, through what little they might have left, then surely that means they think a future cash raise is still on the table, otherwise it’d be throwing good after bad.
I see. Well at least it's something. And the symbol is still showing on Schwab, albeit with a 0 balance still. I wonder why they aren't marketing the IPO to us. You'd think they'd want to invite us to participate, through a simple press release giving an update on their business and telling us how to get in on it. After all, we already have skin in this thing, so we obviously have an interest in seeing it succeed. If it weren't for you, I'd have no idea that an IPO was even in the works.
Haha something to look forward to! Where are you getting that date from?
Also what caused the new ticker to be added to Yahoo, then removed, then reinstated again?
At one point, at least, the press was all agog. Then, nothing. https://beststocks.com/vitro-biopharma-inc-revolutionizing-healthcar/
Hear something from them? After 2+ years of nothing? Thanks for the laugh, I needed that!
Well I guess we're used to waiting huh? Wonder what prompted Yahoo to put it up a couple weeks ago, and then now to take it down? As you say, looks like we are at a critical juncture here. Heck it's been 2.5 years of waiting now, so what's another month?
Too bad about Meso. They're getting hammered again today. I remember lots of trash talking going on between us on the Yahoo board back in the day.
Yes Schwab is now showing the VTRO ticker, though the dollar amounts are still "N/A". I assume they will start showing on Thursday, if that date indeed turns out to be the one.
Yes thanks for the update, much appreciated.
Mine does too, though not VTRO yet. Frankly I can't wait for the good ol' bashers to come back and trash us again. Ah those were the days!
I'm still showing VODG, but I haven't contacted them yet. Keep us posted!
Tom, doesn't this have to happen first? "If the Company’s application is accepted by the NYSE American, the Company expects that its shares of Common Stock will trade under the symbol VTRO.”
Good to know what the CFO had to say.... looks like things are on the up and up. Thanks Tom. I for one can't wait to finally be able to focus on the merits (or not) of the company, as a regular shareholder again.
Good to see! "If the Company’s application is accepted by the NYSE American, the Company expects that its shares of Common Stock will trade under the symbol VTRO”. Any idea of how long it would take for the application to be acted on?