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Very strong.
No update to financing; hopefully next few weeks.
There Phase 2
Was just oral CBD
Nothing special
Would of never bought if I knew that or did proper DD
Just because Aprhia did something, doesn't mean you should
Umm, part of the thesis here
is there is good people running the company
I don't think good people get Involved with Coc dealers LOL
block trade
100k @ .265
Spoke with Schneider Brothers Newport
The women advertised on the site ms. lenke picked up and I was shortly passed off to someone named Abdul (i think).
I don't think they wanted to talk to me but they were friendly.
Here's what they were willing to tell me:
1) They still want to do the deal, can't speak for Nemus
2) They are working on 'internal restructuring' to be able to complete the terms of the deal (pay the 20m)
When asked about the timeframe of the requested extension:
3) Schneider and Nemus execs discussing this, Nemus will release PR when it is done
How long was their DD in the cannabinoid drug development space:
4) 60-90 days before the original announcement
He also told me he believes Schneider can 'take Nemus to the next level' which sounded eerily familiar with this:
"We are impressed with SunGame's innovations and plan to provide assets for the company to reach its full potential," stated Schneider's CEO, Philippe Ayme-Jouve. Schneider has also appointed Nicholas Irwin, Chartered Accountant, to become SunGame's CFO.
We will see. It looks like we will find out over the next month or so how this will play out.
I would like to believe that
but the guaranty does list the director, Ayme-Jouve as the guarantor so the director of Schneider was very aware of the deal.
Let's see how this plays out, we don't have all the information and only bits and pieces are available online. Them changing the name of the company last month is a red flag to me though; however, in the event of litigation it is not going to protect them at all.
The only thing is Nemus can't afford the cost of litigation, particularly if Schneider is fake news. But I think that is just being paranoid.
Lykos was the once who brought the deal
From the sounds of the original PR
I'll hold. A negative turn of events, but I'm not one to give up at the first sign of trouble.
I wish I had dug more when the financing was first announced.
Some questions definitely need to be answered.
more Schneider/Philippe Ayme-Jouve findings
https://www.endole.co.uk/company/10308475/sb-securities-limited
SB Securities incorporated in 2016
https://www.endole.co.uk/profile/profile_new.php?id=14784014
Ayme-Jouve involved in a number of now defunct companies/shells
And something about Kuwait oil fields/money laundering/theft
http://infreequentable.over-blog.com/article-l-ami-basano-fait-reparler-de-lui-116912397.html
https://www.lelotenaction.org/pages/content/archives/le-kuwait-gate-gene-dsk.html
http://basacode.blogspot.ca/2007/07/monsieur-wilson-benjamin-vous-allez.html
Although those last 3 are not credible sources
Would love to hear VInpat chime in here...
'schneider just doesnt look completely on the up and up to me '
I agree and neither does Philippe Ayme-Jouve.
We will see. I actually hope this doesn't close and they look elsewhere for financing.
Ya, that had been talked about before
But nothing ever closed with Schneider IIRC
Whether SunGames used Schneiders name to hussle people is one thing; how would Schneider benefit from that?
the structure of Schneider
via LinkedIn profile of Mr. Ayme-Jouve
I got access to the 2014 annual report, so Im going through that.
http://schneider-brothers.co.uk/html/2014%2012%2031%20Accounts%20with%20SBP%20shares.pdf?PHPSESSID=2tps1trikjt8cj8sjthb4j1fd3
https://s3-eu-west-1.amazonaws.com/document-api-images-prod/docs/OD7gg-KsBUQOykfU39bHQiu9iKLJZzy9WcjDvFgMG6o/application-pdf?AWSAccessKeyId=ASIAJUTSCUJISZBYVXLA&Expires=1499817968&Signature=PrH8Q4do6UlwZ5L%2ByCisJkIK%2FOA%3D&x-amz-security-token=FQoDYXdzEK%2F%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaDC%2BBTpTauyPtTwhwQiK3AxTtIPHtNJ73QtR2A8GCTmB6Fi4vNJDpmSj6V59mpr0PZU9E8jrygL7ig0klFlGfzHWX8jrvk5Mk9iYToot7j4ZO5mpcrqrsE1WFyr7OmMDJmEmAlAIKwMidjKndazggbxDQOu609ezwVAewJjviMwPUx3zivNPnfbEbiUSDHb%2BW4VYdTxPlt2NiCLbtdOZKNfETwRmr8MKpejuV3Hn5EXtMBofpyKjckOrDFGwgJBNnGBhUSfbRO%2FdOOg2O9%2ByLWIasRoW9506NfrkFrO0Dnd0O%2BoIf1MLZ3qA4t5NNjLlT2QBMdWJa9yR9Pc30x7kPofiLQUE8OWydn8ixBBAEr%2B6qA9TpACC2p4uiWk9S98AmoKEJIV4YcjVzDMJviADTR68XTGM4qbHHXW3kkiIaDw3fkfeI6DG0EspmbpqeDXltX8cRc6ON5Pg8rQhxLciQ1J%2BOLdUCl%2FJ%2FXGilomkwEwn%2FcUBp4wPE6KdW08EZ2kYetTerkeT33wMTWDKjMrvlp22I7XbmFP37POSejmHbRpdqFljZeI%2B49GqAoWbegzsA0%2FPaBnIlV%2BOy0Y%2BQ0PHtBltGB4cg%2FBsonIOVywU%3D
So, yes, in 2014 and 2015 they had 400m GBP assets. But that that company, then called Schneider Brothers LTD company #6783924 changed name: https://s3-eu-west-1.amazonaws.com/document-api-images-prod/docs/1SSOBp8vuV4TcL3GU23Qpgi2zLiFn2ltP6N58PXsRr0/application-pdf?AWSAccessKeyId=ASIAJLHG5SUTHD5EYDTA&Expires=1499818051&Signature=nlv4%2BXqUQtx2eUhJ6oz3AIEuvps%3D&x-amz-security-token=FQoDYXdzEKz%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaDA3VBdx6%2BRVNPmvFJCK3A4cer%2FLWr6vYdTr0CVO%2Fy2f7OHLX%2BIXnL067yHFba4B0A0Ts%2BwGXC64lgJgzgH%2BBHImunO9MvUwP9ax31%2FhVnRRM4rNdx0PMI468%2F8Zm4fuYSbO4lFGqdBWL84o5cnZ3n9a9Gha3qNjvR%2BzkyXpwptsCeIQUvjgDzTOZgtJSv4M%2Btz1Fwg3TSYaHLXOL5Ps8wH7TyeHwP8aPwftBFR8%2BVICaHQS%2Fq6hvf9%2BYDBneUkvfZsM03S1eTWLUZtGracmsLxbndJ6MWV2EKgAcaMPzXV%2F%2Bv98%2FuKxUgvvT92z2eIIgS2zeCyM3hiyo7YZuCInwydjViITS4tw%2B33oRL274SpVzwg%2B7xRuks9cN8R6Mlqm2JPJwJsm%2FWiVSD29b95SLJkkYndZT85egB%2FIUuOWmwqRManKT%2FGT0ZxdZz0tY3HEJReNshHE3dyf5AM8dmeYd%2Bp%2FGNuD9o7Ggd4vDfctF8%2FA0VmDAwmuUYTfKV6uZxU5%2BHeq3mCrxTzltb%2FbEW5FHrSM8suIwu94Dx5PAlKasExRMb9xnOFDzD%2BAUIbrz0%2F9kgwq2lDTLAGhgTsKLNhisNDxIC3Lj%2FrMourCUywU%3D
I'd love to know why they changed their name to something to do with Scotland? Brexit related?
hmm interesting
I noticed the ethnic origin of the officers as well
but 'Sberbank (Sberbank, Russian: ????????, initially a contraction of "?????????????? ????" - sbieriegatielny bank; English: "Savings bank") is a state-owned Russian banking and financial services company headquartered in Moscow. The company was known as "Sberbank of Russia" until 2015. Sberbank has operations in several European and post-Soviet countries. As of 2014 it was the largest bank in Russia and Eastern Europe, and the third largest in Europe, ranked 33rd in the world and first in central and Eastern Europe in The Banker's Top 1000 World Banks ranking.[4]'
Maybe that is not a bad thing; Trump is MAGA and good friends with Putin.
But is this who Murphy, Lykos and Ingram want owning over 50% of O/S?
'Why would Schneider get into a deal just to pay off old disgruntled investors? The whole thing makes no sense especially since they were ones who were supposed to invest last year and pulled out because the numbers didn't add up. Why would this year be different?? This is just a tactic to stall and give false hopes once again. Shame on anyone who falls for this round two.'
That was a post about the SunGames private placement. Looks like Schneider dragged their feet there too.
TrueTrades, how are you calculating that? Where does it say x1000?
Are we looking at the same thing?
Now, note that it says Schneider Securities and not 'Schneider Finance LLC' which is the name listed in the Nemus PR's.
Here is what I found digging:
SB Securities, the guarantor: https://beta.companieshouse.gov.uk/company/10308475/filing-history
Incorporated in 2016. Other than Mr. Ayme Jouve, the other director and secretary have since resigned, including Mohamad Ali Nasser as a secretary on 23 May 2017 (Nemus deal announced on the 4th).
In the guarantor document, it states that Schneider Securities is a registered trademark of SB Securities but here is what I found under company name SCHNEIDER SECURITIES LIMITED:
https://beta.companieshouse.gov.uk/company/06562582
Incorporated 2008.
Previous company names
Name Period
SCHNEIDER BROTHERS & PARTNERS LIMITED 12 Mar 2010 - 06 May 2015
CBAT INVESTMENTS LTD 11 Apr 2008 - 12 Mar 2010
Similar to SB Securities, every director/officer has resigned except Mr. Ayme Jouve:
https://beta.companieshouse.gov.uk/company/06562582/officers
I also found something called FINANCIERE SCHNEIDER BROTHERS LIMITED with similar name changes and resignation patterns: https://beta.companieshouse.gov.uk/company/06844463
Previous company names
Name Period
SCHNEIDER BROTHERS PARTNERS LTD 22 Nov 2012 - 24 Apr 2014
SCHNEIDER FINANCE LTD 04 May 2012 - 22 Nov 2012
ETHNIC COSMETIC GROUP LTD 11 Mar 2009 - 04 May 2012
Here is the balance sheet for this entity:
Now for what I found weird was a company named SCHNEIDER BROTHERS SCOT LTD and their former names...
Name Period
SCHNEIDER BROTHERS LIMITED 14 Oct 2014 - 15 Jun 2017
BHM COMMODITIES LTD 13 Nov 2013 - 14 Oct 2014
SEINE SIDE LIMITED 10 May 2013 - 13 Nov 2013
SBP INVESTMENTS LTD 04 May 2012 - 10 May 2013
PJP INVESTMENTS LTD 06 Jan 2009 - 04 May 2012
They just changed their name last month...
This is Way beyond my paygrade and it could just be they have complex structures to avoid taxes, anonymity etc. but I'd be interested to hear what people think.
I don't think it has anything to do with Nemus.
The PR is clear that Schneider didn't pay, they would get in trouble if it was for another reason
That document says that have about a million in assets (GBP)
If you search around, you will see all sorts of name changes/directors resigning
I don't like it
Embarrassing for everyone involved
Man that all sounds complicated
Maybe why I don't trade stocks
Gltfa
INTRAOCULAR PRESSURE LOWERING EFFICACY
OF A ?9 -TETRAHYDROCANNABINOL PRODRUG, NB1111,
IN A NORMOTENSIVE RABBIT MODEL
P. Taskar1
, E. A. Ashour1
, W. Gul2
, M. A. ElSohly1,2 and S. Majumdar1
1
University of Mississippi, 2
ElSohly Laboratories, Inc., Mississippi, USA,
?9
-Tetrahydrocannabinol (THC), an active ingredient of the plant Cannabis sativa,
could potentially act as an anti-glaucoma agent. However due to its lipophilic nature,
THC does not permeate well across ocular tissues. NB1111 is a relatively hydrophilic
prodrug of THC with improved ocular bioavailability. The aim of this study was to
evaluate the effect of single and multiple day application of NB1111 loaded solid-lipid
nanoparticles (SLNs) on the intraocular pressure (IOP) of normotensive rabbits. IOP
lowering efficacy of a single application of NB1111-SLNs was also compared to that
of marketed ophthalmic formulations of pilocarpine and timolol maleate. NB1111 was
incorporated into SLNs, prepared by ultrasonication at concentrations of 0.98%. Fifty
microliters, of SLN or nanoemulsion, was instilled topically in the cul-de sac of the left
eye of normotensive rabbits (n=6), twice a day, for five consecutive days. For the single
day IOP-Time profiling, after the first application on Day 1, IOP was measured every
30 min till IOP returned to 90 % of the baseline. All animal studies were conducted
following UM IACUC approved protocols.
The data obtained on normotensive rabbits showed a significant IOP lowering effect by
NB1111 when formulated in SLNs. The maximum percent drop in the IOP from the
baseline IOP (?IOPmax) was 27.1%. The time for peak IOP reduction (Tmax), was 90
minutes and the duration of action for NB1111-SLN, or the time required for the ?IOP
to reach 90% of baseline IOP, was 480 minutes. The NB1111-nanoemulsion
formulation did not have a significant effect on the IOP of normotensive rabbits. The
?IOPmax was 11.7% and the Tmax was 60 minutes. The ocular concentrations obained
with the NB1111-nanoemulsion were also significantly lower than those obtained with
the NB1111-SLN formulation. The effect of THC-SLNs was also studied and it did not
have any effect on the IOP of normotensive rabbits. From the single dose studies, it was
observed that the marketed formulation, Pilocarpine HCl (2 %w/v) showed a ?IOPmax
of 15.9% at 30 minutes and its IOP lowering effect lasted for 120 minutes (Fig. 7).
Dosing with Timolol Maleate (0.25 % w/v) resulted in a more intense ?IOPmax of 23.1%
at 60 minutes with a duration of action of 180 minutes. The results show that NB1111-
SLN produced a significant increase in the intensity and duration of action, compared
to NB1111-nanoemulsion, THC-SLN, timolol and pilocarpine formulations;
demonstrating the positive effects of the vehicle, as well as the prodrug derivatization
of THC on the IOP lowering efficacy of THC.
Funded by: Nemus Bioscience Inc.
FROM ICRS2017
Financing is supposed to close on Monday
Do you have L2 for who is buying and selling?
Wow, that was Special
So sell $NMUS and go buy $GWPH because Trump is MAGA?
GWPH has 14 pre-clinical indications, but how many drugs have they brought to market in the US of a?
i LIKE MY starting place on the Race track
good luck to GW and their targeted grows
Last 7 days short interest
Date Close High Low Volume Short Volume % of Vol Shorted
Jul 05 NA NA NA 128,404 58,685 45.70%
Jul 03 NA NA NA 25,981 11,981 46.11%
Jun 30 NA NA NA 161,621 76,553 47.37%
Jun 29 NA NA NA 10,960 7,160 65.33%
I like the shorts
Skeptics are Important for markets
Anyone who is Short NMUS, I will be thinking of you. I don't think that is a good Idea
Never seen them
On the bid or the ask Here
They seem low energy
https://www.google.ca/url?sa=t&rct=j&q=&esrc=s&source=web&cd=5&cad=rja&uact=8&ved=0ahUKEwiwhqmKt_fUAhUCej4KHWZ1AiMQFghGMAQ&url=https%3A%2F%2Fwww.sec.gov%2Fnews%2Fpress%2F2004-173.htm&usg=AFQjCNG271WzACYSQyIsODmp05v93icgqg
Knight Equity Markets
joined in On the Party
It is okay, I have gone into the clubhouse for a Bigger bat
I'm working on something
if you Enjoyed my post about NMUS vs InMed, You might like it
It is Going to be dedicated to my Good friend Vinpat
and to NITE, who is apparently a Friendly new MM for NMUS
GLTFA
DYoDD
Always remember
Day to day is just a mark
Take time to read this: https://www.reddit.com/r/weedstocks/comments/1xydch/market_maker_speaks_out_ways_of_a_market_maker/
Know what You hold so you can sleep well
GLTFA
DYODD
Who knows?
Normally dilution would be a bad thing for existing shareholders. However, if the new capital is used to unlock the value of the IP, then it will be a good thing for shareholders.
DYOdD
Gltfa
I don't get the 'SP crushing' worry
The SP is essentially the same now as in the Schneider deal. It would be impossible for them to convert and then liquidate any meaningful amount of shares on the OTC, before beginning to sell at a price that is Less than what they paid for.
Also, by converting there preferred to common shares, they lose some security in the event the company's IP and other assets are liquidated and shareholders get paid out. The preferred get paid first.
I'm sure there is something about a lockup period in the agreement, you should go read it over. I am busy with something, but I might take a gander myself soon.
But IMO, while NMUS trades on the OTC, Schneider won't convert a single Preferred into common equity. They are heavy hitters.
You can calculate that yourself.
Unless it is a super small number, you might as well get a market cap that is fully diluted instead of what is available to sell.
Total outstanding shares fully diluted before Schneider = 45m
With Schneider placement = 45m + 66.5m
New O/S total = 111m
Which means NMUS Market cap is roughly 30M which is still Very Mis-priced when evaluating their Pipeline or Industry comparisons.
Plus, since they still currently have the 20m on their balance sheet (or will soon) their fully diluted Enterprise Value is 10m (30m MC - Cash) so again, not priced correctly IMO
That article was So nice!
It linked to Another article too, even better one
http://nationalpost.com/news/world/three-women-lose-sight-after-florida-clinic-injects-stem-cells-into-their-eyes-to-improve-their-vision/wcm/ae970539-4928-42a8-87cd-0fa03ddaa02e
But I do Enjoy reading this board
I was wondering
Why Axim is getting hard today
Then I found this: http://www.einnews.com/pr_news/390283534/axelrodnews-com-initiates-coverage-of-axim-biotechnologies-with-strong-sell-rating
Chico should be all over this
For glaucoma and CINV
This won't matter I think, but for the MRSA candidate it would definitely help.
Yeah you were right
The clinical results that no one liked, and their only candidate that is in clinical trials right now, has nothing to do with cannabinoid and or the endocannabinoid system.
They do have a CINV candidate that will act upon CB receptors, but that is pre-clinical.
Lol
Go look up the word myopic
But still, at the strongest dose
the efficacy was hit and miss. It is an oral dosage, correct? I can't imagine why Anyone is developing an oral cannabinoid drug right now...
Anyone see
CARA today? Yikes. I wonder if the results had anything to do with it being a oral pill....
You guys are All late to the party
I knew VInpat was a smart Guy a long time ago.
Very high energy.
GLTFA
DYODD
I think Aphria should stick to what they know
And stop acting like a hedge fund
Chico, shouldn't you be tweeting to Frank?
To give the docs to FINRA?
Get that reverse merger Going that is taking 6 months?
I'm sure your on the bid at .0006 so those 5's don't start printing.
Chico marico Despacito!
Marine biologist with a PhD in Physics that daytrades on the OTC. My hero.
Uhh, bud
I am from Canada
Financial Banana Republic
Land of Eight Capital, Cannabis Wheaton, Vinergy Resources etc.
Anything goes Up here, we are all to Focused on Rainbows and Butterfly's
i Know a thing or Two about having to hold bags, unfortunately
Thats why I bet JOCKEYS not HORSES. I sleep well holding what I hold, because I KNOW what I hold.
As you can Tell, my Beer Money fund is WELL STOCKED ;)
GLTFA
Starting to answer my Own question
Which is dangerous, because when You are wrong, you don't know why
If anyone thinks I am JOKING when I say the License agreements with UM couldn't be transferred, Go read the Contract. It would be complicated, but Everything to do with Lawyers are.
I found the The original license, it included the use of the following patents:
US Patent # 8,809,261
US Patent # 6,375,963
Off to find the rest of the licenses And see what it says about patents.
But I hope my good Friend Vinpat can just Fill in the rest.
Great Question, thank You for asking (Vinpat will get that joke)
https://www.google.ca/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwifsv2U6-HUAhVCOj4KHYwbAlwQFggkMAA&url=http%3A%2F%2Fwww.investopedia.com%2Fterms%2Fp%2Fpipe.asp&usg=AFQjCNGmd7yNP4JlBICtEovz_9KprU910w
Google is your friend, friend-o