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.
The only smart thing you’ve said is “you don’t know”, which is obvious.
And then what, hire who?
Czirr did not disclose transferring hundreds of thousands shares to keep people “interested” in supporting him. Are you one of those that received shares? If not demand yours! LOL
Yes The 10 X fund/Jim Czirr sold people a dream that they were going to receive dividends from drug sells in Columbia?!? This was for a drug that had not yet even been approved in any country. The 10 X fund is a single investment fund it is not a huge hedge fund, they have no other investments. They did not sell shares even when the stock got up to $17. The investors in it are far from happy since after 10 years they haven't made anything. He hasn't sold becuase as long as Czirr Controls the 10x fund he controls all financing he controls the sell of the company and he is able to regain control of the board through designated appointments. So even though he's been removed from chair and removed from the board completely on several different occasions he is still able to weasel back in. This is all irrelevant though because no one outside of you few people who are obviously friends / family know or care who Jim Czirr is. If you Google him only a list of failures from Minerva, Safe science Pro pharmaceutical, Sec complaints etc. shows up.
And as you know those shares the 10x invested were from last year not this year he only filed that way to hide the fact that he had not filed that he sold or disbursed 1 million shares last year which he was supposed to have reported immediately.
He did not buy 14 million shares now. That's totally false.
The present board removed Czirr from Chair so how do figure he's a winner? Not to mention this was the 3rd time Czirr has been fired/removed/forced to step down from Galectin and its previous companies. What experience does he have besides marketing failed drugs in Columbia?
Why hasn't Czirr invested his supposed 2 impressive hedge funds in TNTY? All board members invested a small amount personally when they joined the board. The company only has $55 where's the MOJO hedge fund money. If Czirr invested his "super successful" funds into the company I'm sure it would hut, hut, hike the stock over $1.
Why hasn't Czirr invested anything from the 2 massive hedge funds he controls?????
NO CEO, NO CFO, NO POTENTIAL DEAL, NO MONEY. I think I just summarized today's press release.
More resignations and still no money!!!! CEO, interim CFO, and interim Secretary.
More misrepresentation by Czirr.
Further proof that true nature investors should be very wary of investing in the company as long as Czirr remains a director. Over and over I have warned that he misrepresents his background to appear successful and once again he proves my case. I encourage you to read true nature's announcement and bio of him written just a few months ago and compare it to the announcement this morning for AMMO, Inc. (POWW), how can two resumes be so different?
New BOD Czirr calls being fired a success, LOL
Here are just 4 of the failures he touts as successes in his bio, there are to many more to post here.
1. Minerva FIRED Czirr as CEO, promptly filed suit against him citing misconduct, and settled the suit by him leaving the board.
http://www.bizjournals.com/boston/blog/mass-high-tech/2008/09/minerva-drops-lawsuit-against-former.html
2. Czirr, executive vice president of business development and director left Pro Pharma under suspicious circumstancesamid allegations of SEC infractions. He also took at least $194,000 in consulting fees paid to a company he controled in exchange for "financing and business development services"
http://archive.boston.com/yourlife/health/diseases/articles/2004/03/14/david_platt_wants_to_cure_cancer_can_his_company_avoid_life_support/?page=full
3. Safe Sciences REMOVED Czirr as Board of Director and Vice President
http://www.secinfo.com/dSsFa.9x.htm
4. GALECTIN THERAPUTICS
Czirr was REMOVED as Executive Chair of Galectin as reported in their 8K.
In the 8K item 5.02(c) it states Czirr “sits on the Board as the representative for their Series B Preferred holders.” It then says he is co-founder of the 10x Fund and the managing member of the 10x management LLC. All three of these are basically the same thing, and as he has pointed out himself he’s in charge of it so he appointed himself to a board that voted to remove him, not exactly something to brag about.
insert-text-here
Pipe dream. As per the company's filings this is a 2 year Hail O Mary plan, contingent on them raising a whole lot of money. As of now they have $55 on their balance sheet and nothing really to get true investors excited about. They can't compete with companies that are already buying up these Pharmacies.
Czirr removed, fired, just like the last 4 companies he's been affiliated with. Until I see this happen at true nature I will continue to point out this type of fake news.
Czirr and co. Just hired a sales associate from the Pottery Barn to promote the company and plan to pay him $200,000 a year ( if they could ever get more than $55 on their balance sheet which is what they have at present ) and $500,000 shares. Thanks Mike-goingforitfriday for pointing this out.
This is not a joke "Mr. Peter Nicosia, age 35, to the role of Director of Corporate Communications." is a sales associate at Pottery Barn and has been for the last 2 years, he also writes penny stock promotions. Wasn't Czirr just involved with a company getting sued over penny stock promoters. In fact everything the penny stock promoters wrote was true and they had disclosures at the bottom of the articles but it didn't stop the lawsuits. Hate to sound like a broken record but if this company ever gets any money or is able to acquire anything if Czirr is still involved lawsuit will come.
JUST A COUPLE OF CZIRR'S FAILURES WITH LINKS TO VERIFY
MINERVA FIRED Mr. Czirr and filed a law suit against him in Massachusetts? Here is the Boston Business Journal article documenting this:
insert-text-here.
The lawsuit was filed citing misconduct, but was settled only after he agreed to step down from the Board of Minerva, documented in Boston bizjournal.
insert-text-here
***** He claims to of raise around $15 million for Minerva. This is false. It was maybe $3 million with the companies help over almost 3 years.
Safe Science Inc
Czirr touts himself as instrumental in the early stage development of Safe Science Inc. Here’s some facts from their FORM SB-2.
On June 23, 1995, the shareholders REMOVED Mr. James Czirr as a member of the Board of Directors and the Board of Directors voted not to fill his vacancy. Further, on June 23, 1995, Mr. Czirr was TERMINATED as Vice President of the Company.
Being FIRED and REMOVED seems bad enough but what to me looks worse is why was the Vice President of a publicly traded company also getting paid as a consultant to raise money??? This in the very least is a board member and Vice President looking out for his own interest not the companies or the shareholders. On March 30, 1995, the Company entered an agreement with Mr. James C. Czirr, who was a member of the Board of Directors of the Company’s Vice President, to pay him a consulting fee of $8,000 per month. The Company then 3 months later Fire him, Removed him from the BOD and terminated his consulting agreement.
insert-text-here
GALECTIN THERAPUTICS
Czirr was REMOVED as Executive Chair of Galectin as reported in their 8K.
In the 8K item 5.02(c) it states Czirr “sits on the Board as the representative for their Series B Preferred holders.” It then says he is co-founder of the 10x Fund and the managing member of the 10x management LLC. All three of these are basically the same thing, and as he has pointed out himself he’s in charge of it so he appointed himself to a board that voted to remove him, not exactly something to brag about.
insert-text-here
Great questions, he doesn't add any value to the company. He lies about money he's raised for other companies and portrays his 10x as a hedge fund that he can invest in emerging pharmaceutical companies when it is a single investment that after seven plus years is still underwater. The company's web site says,
"Jim brings a depth of public company experience as well as a targeted pharmaceutical industry perspective, and we will undoubtedly benefit from his ability to skillfully represent the Company to the public and to investors," but how can the company or anyone trust him to represent them when he can't represent himself. And by the way he claims to have targeted pharmaceutical experience, but all the pharmaceutical companies he's been affiliated with have fired or removed him from their company Safe Science, Minerva, Pro Pharmeceticals, Galectin. Not all experience is good!
James Czirr must be removed from the company. I'd like to see the company succeed but it won't with this baggage. He's being investigated for multiple violations, Violations that he should be accountable for and not True Nature. But unfortunately if they are affiliated with him when it comes out then guilt by association and a True Nature will also pay the consequences. I am contacting all companies that Czirr has affiliation with both public and non-public.
Do you really have no issue with the fact that Czirr has exaggerated/made up/falsified his work experience and history of money raising?
Czirr's not the only one miss leading investors here. I guess it's a good thing that the beautiful Atlanta hi rise shown as their headquarters is NOT since they can't afford rent. I did notice they at least corrected Czirr's previous fraudulent bio.
Another Czirr debacle. This company has bigger problems than I first thought. Two newly appointed board members just stepped down including the chair, making an inexperienced 30-year-old Chair of the Board. But I suppose with $55 on their balance sheet it's a good thing they could find anyone.
Czirr is the CEO's responsibility. The company put out false information and made misleading statements to the public and in a SEC filing. I have directly contacted the company and now it is the CEO's fiduciary duty to correct the inaccuracies.
For knowing Czirr so well you don't even spell his name right. I'm not a shorter and if you truly are interested in True Nature doing well I would think that you would welcome this information. But instead you ignore the numerous instances that can all be verified easily online and only bring up the 10x fund as if it is a success. I don't believe that most of the 10x investors would agree this at all. Eight years later their investment is worth the same!!! The fund was created in 2008/9 and raised $10 million which was all invested in one company. The 10x fund since has raised no money to invest in any other companies. It is only a single purpose fund and the terms of the agreement the 10 X has with Galectin are extremely favorable to Mr. Czirr personally. In fact even though Galectin removed him as chair of the board and executive chairman he is still on the board because as the managing partner of the 10x fund he is given board seats. So even though the company clearly wanted him out he is able to appoint himself.
Czirr is no Patton! Lol his only success is failure. I'm taking my info to the SEC and the poor investors that I've personally already contacted are also. People believed his false experience and placed their trust and retirement in this man and he lied to them and is continuing to lie to swindle other investors. True Nature was I believe another victim of Mr. Czirr's scam, but now they need to correct the misleading and inaccurate information from their February 28 announcement and also on their SEC filings. If they don't they risk becoming complicit in Mr Czirr's false narrative. These are only the instances in response to the information that True Nature provided on their release.
Managing member of an investment fund focused on emerging pharmaceutical businesses - false
President of Minerva – fired/sued for misrepresentation
Pro pharmaceuticals - fired/removed
Galectin - removed
Broker - 3 SEC violation complaints in one year and then quits never to renew his broker license yet continues it seems to act as one.
Extol energy corp a syndicator of oil and gas - is he sure he isn't meaning the Extol he opened to drill WATER WELLS in Michigan
The recent acquisitions of pharmacies across the United States only shows that there is little opportunity for a small company to compete especially one with no money.
Czirr horrible choice for board
Here are just a few examples
1. Minerva fired Czirr as CEO, promptly filed suit against him citing misconduct, and settled the suit by him leaving the board.
http://www.bizjournals.com/boston/blog/mass-high-tech/2008/09/minerva-drops-lawsuit-against-former.html
2. Czirr, executive vice president of business development and director left Pro Pharma under suspicious circumstancesamid allegations of SEC infractions. He also took at least $194,000 in consulting fees paid to a company he controled in exchange for "financing and business development services"
http://archive.boston.com/yourlife/health/diseases/articles/2004/03/14/david_platt_wants_to_cure_cancer_can_his_company_avoid_life_support/?page=full
3. Safe Sciences removed Czirr as Board of Director and Vice President
http://www.secinfo.com/dSsFa.9x.htm
It's surprising how few investors read the available information from the SEC filings.