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All this company dies is lose tons of money. Within 1 year they will be out of business. Terrible
Today, Bonify license has been reinstated after 9 long months, and also it took 9 months to revoke Agrima's license. Well, Im not going to wait that long. That's all folks. Good luck and see you around June 2020
So per previous case / scenario, a decision should be made next month around November 15th (Friday) or November 18th (Monday).
Agrima Botanicals / Anyone here familiar with this case ?
In 2018 they went thru the same situation that now we are going thru. This is what I found out so far:
*** On September 26th Health Canada "partially suspended" Cannabis Cultivation and Production Licenses / Because they did not meet all of its record keeping and other compliance requirements during a Health Canada inspection conducted between August 28th and August 30th. As a result, Agrima’s licenses have been partially suspended by Health Canada. Agrima has commenced the process of addressing the identified issues and has initiated discussions with Health Canada for the reinstatement of the licenses.
So Health Canada gave them 60 days to correct the situation. This was the result:
*** On November 27th: License Revoked. They appealed the sentence and keep the license partially suspended while appealing.
*** July 15th 2019 - 9 months later, license permanently revoked.
So here is my question: Do we have any guaranty or at least any hint we are not going to have the same fate ?
Any of you guys know anything that can help us to know what path to take ?
I just found out about this yesterday, and can't stop thinking about it.
After hesitating I decided yesterday to jump in again (small position at $1.26) but still have my doubts and concerns
Good luck to all longs
I said I smelled a rat / If you bought over $1.20 sell now /// If you bought under $1.20 wait a little if you see the knife keeps falling then sell. I believe this will go around $1 before end of the week / Good luck to all longs. Handle with care
My Advise to anyone on this non-busy board: If you are already in: Don't sell, wait. If you are planning to jump in over $1.20: Don't do it. I'm smelling a rat here. I believe the previous post is right. We will see this soon under $1. Why ? Look at previous history (pump and dump) also, my previous post: They released a PR on Thursday and nothing had change (according to them) then SP collapsed down to 0.80¢ and all the sudden this. However and keep in mind: License still suspended.
My 2¢: License will be reinstated eventually, but not soon .... since no news in the coming days this will be another short fest, manipulated by the same CTST people.Hopefully I'm wrong. Just handle it with care.
I bought at $1.20, then at 0.90¢ and sold at $1.10 .... For the moment sitting and waiting. Good luck to all longs.
So we had a PR past Thursday (Default Status) where they stated nothing has changed, and 2 business days later, after price drops dramatically, they come with this important update. My question is: Did they release this PR just with the sole intention to give a little pump and hold the fall of the SP ? After thinking and re-thinking today I sold my position ($1.10). I hope I'm wrong but I believe since there will be no news for a while (and we still waiting for their license to be reinstated) shorts will continue dropping the price. I will jump in again around 0.80¢. If things get better (and my forecast is totally wrong) then I will jump in at $1.20. For the moment sitting and waiting. Good luck to all
CannTrust - Careers Cannabis
https://careerscannabis.com/companyProfile?id=87
CannTrust Holdings Inc. (CTST) Stock Is Shaking the Bears Away
https://antonypress.com/2019/10/03/canntrust-holdings-inc-ctst-stock-is-shaking-the-bears-away/
“CannTrust’s paramount and urgent priority is to satisfy regulators that the company meets or exceeds all regulatory requirements so that the reasons for suspension no longer exist, we are in a position to resume operations and to regain the trust and confidence of our shareholders, patients, customers and partners,” he said.
Pelham cannabis grower working to restore trust in its name: Interim CEO
https://www.stcatharinesstandard.ca/news-story/9607576-pelham-cannabis-grower-working-to-restore-trust-in-its-name-interim-ceo/
CannTrust Holdings Inc (NYSE:CTST) Receives C$8.67 Consensus Target Price from Analysts
https://techknowbits.com/2019/09/10/canntrust-holdings-inc-nysectst-receives-c8-67-consensus-target-price-from-analysts.html
Party is gonna start 2nd week of September, once all this BS of lawsuits are over .... hold your shares and stay tuned
What a bargain !!!! This stock will be over $12 first quarter 2020
No more bombardment about these stupid lawsuits after next week. Then we will have real news
I would like to see what are they going to post about once this krap of lawsuits is over
I think today 7/11 is the last time we will see $15's for a looong time .. Good bye $15's
I can't deny I got lucky today, I was thinking to wait until below $14 but decided to jump in at $14.50 .. Im not sure if this is part of the Yo-Yo game or if this is the final take-off.
I couldn't resist and jumped in big time today at $14.50 (50% of all my investments). However, I have a double tier protection, huge ask at $13.50 (25% of my funds) plus a 2nd life insurance at $12.50 just in case it goes down that far.
We are only 3 weeks away from August, that's when fun is gonna start.
Good luck to all longs !!!!
ON June 17th I posted:
2) However it is easy to understand whats coming next: Until first week of August please be ready to ride this wild Yo-Yo (crazy volatility). Remember, all they have been doing is releasing ER about the Lawsuit. Do you know when is the deadline to file it? Also next 10-Q will be ..... hmmm guess when ? YEAH ... both at exactly the same time ... Early August.
Even thou we will have Volatility, stock price will keep sinking and sinking until it reaches 12$-$13 ... but with some crazy days going up just to give you the wrong impression that really will finally go up, but not, will sink the next day.
I'm not jumping in until end of July, when SP will be between $12-$13
Good Luck To All Longs
Correct, manipulation at its best. As I mentioned previously, we will have some Pumps and dumps. After a disastrous and manipulated 10-K (released a Friday after hours) now they pay someone named "Imperial Capital" to announce PYX stock price should be $71 hehe. Later this week it will back @ $13. Lot of corruption and manipulation.
Manipulation
(2) However it is easy to understand whats coming next: Until first week of August please be ready to ride this wild Yo-Yo (crazy volatility). Remember, all they have been doing is releasing ER about the Lawsuit. Do you know when is the deadline to file it? Also next 10-Q will be ..... hmmm guess when ? YEAH ... both at exactly the same time ... Early August.
Even thou we will have Volatility, stock price will keep sinking and sinking until it reaches 12$-$13 ... but with some crazy days going up just to give you the wrong impression that really will finally go up, but not, will sink the next day.
I'm not jumping in until end of July, when SP will be between $12-$13
Good Luck To All Longs
(1) Stock Market is like a Casino, all they want is your money. However the market is worse, full of corruption and manipulation. 10-K wasn't that bad, but price still collapses.
News out .. $21 today
Annual Report (10-K) should be out within 3 weeks no more than 1 month
Amended Quarterly Report (10-q/a) Out
https://ih.advfn.com/stock-market/NYSE/pyxus-international-PYX/stock-news/79555859/amended-quarterly-report-10-q-a
It seems like "re-structure" is being considered at this moment (per sources in the hearing today). And if that's the case, then the stock will go back over $1, and that would be crazy
MOTION GRANTED !!!!!
ORDER SHORTENING NOTICE ON MOTION OF THE OFFICIAL COMMITTEE OF
UNSECURED CREDITORS OF SYNERGY PHARMACEUTICALS INC. TO DEFINE
SCOPE OF, AND PROCEDURES FOR, DISCLOSURE OF INFORMATION TO
UNSECURED CREDITORS
Upon the motion (the “Motion”) of the Official Committee of Unsecured Creditors (the
“Committee”), for entry of an order shortening notice and expediting the hearing on its Motion of
the Official Committee of Unsecured Creditors of Synergy Pharmaceuticals Inc. to Define Scope
of, and Procedures for, Disclosure of Information to Unsecured Creditors (the “1102(b) Motion”),
all as more fully set forth in the Motion; and upon all papers filed in opposition thereto and in
further support thereof; and the Court having determined that the relief requested in the Motion is
appropriate under the Bankruptcy Code and in the best interests of the Debtors, their estate, and
their creditors; and the Court having jurisdiction to consider the Motion and the relief requested
therein in accordance with 28 U.S.C. §§ 157 and 1334; and this Court having found that it may
enter a final order consistent with Article III of the United States Constitution; and this Court
having found that venue of this proceeding and the Motion in this district is proper pursuant to 28
1 The Debtors in these chapter 11 cases, along with the last four digits of their respective tax identification
numbers, are as follows: Synergy Pharmaceuticals Inc. (5269); Synergy Advanced Pharmaceuticals, Inc. (4596). The
address of the Debtors’ corporate headquarters is 420 Lexington Avenue, Suite 2012, New York, New York 10170.
18-14010-jlg Doc 162 Filed 01/03/19 Entered 01/03/19 08:50:42 Main Document
Pg 1 of 2
U.S.C. §§ 1408 and 1409; and it appearing that proper and adequate notice of the Motion has been
given and that no other or further notice is necessary; and upon the record herein and upon all of
the proceedings had before this Court; and after due deliberation thereon; and good and sufficient
cause appearing therefor, it is hereby
ORDERED, ADJUDGED AND DECREED THAT:
1. The Motion is GRANTED as set forth herein.
2. The hearing on the 1102(b) Motion shall be held on January 17, 2019, at 11:00
a.m. (prevailing Eastern time).
3. The deadline for parties in interest to object to the relief requested in the 1102(b)
Motion shall be 11:00 a.m. (prevailing Eastern time) on January 14, 2019.
4. This Court shall retain jurisdiction with respect to all matters arising from or related
to the implementation and/or interpretation of this Order.
Dated: New York, New York
January 2, 2019
/s/ James L. Garrity, Jr.____
HONORABLE JAMES L. GARRITY JR.
UNITED STATES BANKRUPTCY JUDGE
HAHA and what is NASDAQ trying to do ? Scare shareholders ? What a bunch of idiots, this game will end on Feb 9th, and it is IRRELEVANT if the stock is listed or delisted at this point. The final price will be determined by the Bidding war. Again, NASDAQ and their scary tactics.
My question is: Anything above $215MM is ours ????
!!! Most Relevant Document Filed by Now So Far !!!!!
http://www.cafepharma.com/boards/threads/most-relevant-document-filed-so-far.632058/
Objection to Motion /Debtors' Bidding Procedures and Joinder to the Official Committee of Unsecured Creditors' Objection Thereto, (related document(s)17) filed by Ryan T. Jareck on behalf of Ad Hoc Committee of Equity Holders.
New docs filed today / please read below
OBJECTION
A. The Proposed Bid Deadline is Too Short and Should be Extended to Permit a Reasonable Opportunity for Marketing and Submission of Competitive Bids
13. With so many significant events happening in the near term, it is appropriate to
establish a Bid Deadline in March 2019, so that all parties in interest will have the benefit of
more information about these upcoming events – none of which is disclosed in the Debtors’ sale
papers or Disclosure Statement – or at least have sufficient opportunity to investigate their
significance and assess their impact on the Debtors’ business
The fat lady hasn't sung yet. 2.68MM shares sold during last 10 minutes yesterday. There is something in the oven for sure
I'm not surprise if they pull back the BK. Did you guys read the last document submitted today ?
"Application to Employ Centerview Partners LLC as Investment Banker and Financial Advisor to the Debtors /Debtors' Application for Entry of an Order (I) Authorizing the Employment and Retention of Centerview Partners LLC as Investment Banker and Financial Advisor to the Debtors Effective Nunc Pro Tunc to the Petition Date"
Please let me know when, I would like to buy at that price, in the meantime I will remind you everyday when this is going to hot zero, is that ok ?
So there is a new group of investors trying to get a piece of Synergy (Cardinal Health Inc) ???