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Folks...... this stock went from approx. 18 cents to a penny....no surprise based on the allegations and negative press (albeit all those indicted were either ex-employees, promoters or others not affiliated with the company). According to the latest news release, Boris R (ex CEO) admitted a scheme to artificially promote the stock from a current 7 cents to whatever based on a scheme with others. Here's my question: it was already at 7 cents....why is it at 1-3 cents now - because of no positive news or counters by the existing management team other than their rather limp April legal denial. So I guess my question is what is their marketing plan....what are they doing todo to enhance current share holder value.....what about some PR to highlight any progress as there is no reason for this stock price to increase without promoting a legitimate business opportunity
the CI or one of the original four?
Has anyone ever contacted Lisak, the alleged CEO?
Did they give a reason as I had been told that the monies needed had already been committed (believe it was approx. $300,000) and that even though the trials were delayed they had in fact started in May If true that means we lost another 3-4 months and tells me that nobody is running the show. Has anyone on this board ever received a response from any Bio Cube representative and if so can you supply a name?
any news on the trials as my info was that it would only take 90 days and we are beyond that start date? Anyone ever ghet any response from the CEO as to any updates whatsoever?
Agree ....never seen "management" so deaf to share holders' concerns....what is strange though about the 480k offering is that the ask could easily be at .04 vs .024 since the next ask is at .0425 -
agree but today there was 490k out there at .026 til close of which one was a 400k, a 50k and 10k's
I suspect that since I took out 27k at 2.5, they saw that someone had bought a block and figured that they might cash out all at once with a single transaction cost vs just selling 10-20k at a time. Since 400k didn't trade yesterday that means there is still someone out there willing to keep this stock down and again an idiot who sold 350 shares at 1.6
sorry for the confusion...maybe cause I lost so much today.....the 400k was an ask price at .0225 originally vs a bid of .02 at the time.......
I took out the 2.5......the 400k was then asked at 2.25....and then fell from there.....believe the 1.6 was a lousy 300+ share or $5 to pull the shares to an all time low from .0196....... no body can short so who knows why anyone would do this as it just screws with long time investors....but still the bottom line is that buy interest just ain't there and thinly traded
I took out the 2.5......the 400k was then asked at 2.25....and then fell from there.....believe the 1.6 was a lousy 300+ share or $5 to pull the shares to an all time low from .0196....... no body can short so who knows why anyone would do this as it just screws with long time investors....but still the bottom line is that buy interest just ain't there and thinly traded
well, I tried to buy some but it still tanked and hard to compete when someone places a 400k order under the ask. Those indicted probably cannot sell or it would be like they were admitting to the charges....but who knows what stock blocks are out there and under what conditions.... I am patient but that said, my faith in the current management is zippo as far as protecting share holders or we would have had a share holder update by now
agree......unless someone takes out the 4.25 position, this stock is stuck with the low volume. I nibbled but seller must have block trades listed. Criminal that we haven't been given an update
Your frustration is undoubtedly shared by all on this current message board. I personally believe that this stock is significantly undervalued if (and the "if" is getting bigger every day of inaction) we have a effective CEO and management team behind this company. I always felt that "timing" of the introduction of this product was crucial especially in light of a few competitors in the market place in Canada. As far as seeking retribution from the government....that's a big zero as the government must give their approval to sue them albeit I would love to see someone take on the FBI for their total lack of research that this is a legitimate product vs. a "purported product" from a real corporation in Germany vs. a shell created to do a pump and dump as justification of their announcement. Unfortunately folks, we be caught in the middle.
I was previously advised that the company had already secured financing for the Canadian testing and that the program had already started in April.....did your contact state otherwise?
not me but appears that No1 is communicating with the CEO....shame to see another 52 week low this morning but this stock is so damn thinly traded that any yahoo who needs the $$$ and doesn't believe in the product can easily drive the price to new lows. Without CM in the mix we need a new champion to push both the testing and PR. One way to prove the past allegations are without merit (referring to an alleged pump and dump) is if the stock recovers back too 10+. But based on past actions (i.e. inaction) it appears that the current management is share holder stone deaf
My thoughts are mixed with what all that has happened. Still believe in this product potential but clearly the current management is not shareholder empathetic or we would have received some better form of update other than a denial of past third party alleged issues. It appears that some on this board actually get some sort of response from the company as far as testing, potential announcements, etc ...and in anticipation of a response, this has nothing to do with a "quiet period"....doesn't apply to this stock... just a shame that they have gone silent as it will do nothing but perpetuate an already negative perception
Stock has now dropped over 70% since the announcement of a plan to pump and dump by individuals not associated with the company. Seems to me that any legitimate share holder is getting a very raw deal by the Justice department specifically naming the company, stating that it has a "purported" device (which most of us know is legitimate) and guilt by association. I would think that Bio Cube would take a more aggressive stance to protect their share holders? Hopefully something positive will happen in the near future to stem what appears to be a falling knife and misinformation
Agree as well. Does anyone know if this company actually has critical positions such as VP Sales, Marketing, PR firm, etc. as all I can see is a named CEO but can't find # of employees, and other key officers. Also I still do not see the PR piece (which I understand is available to various institutions "if" they want to publish) still not showing up in the major financial news bulletins
U may be correct re the cost but I do know that this action was allowable. There was a negative consequence in that Fidelity removed all such companies from trading in their brokerage portfolios and I had to open a T D Ameritrade account in order to buy any future stock.....can only sell in the old Fidelity account. let's hope we see some positive action this weekfrom Bio Cube re their future
The SEC raised the thresholds for pink sheet filing to companies with a value of $10m+ and/or over 2000 investors (May 24, 2016 ruling). BICB evidently opted to forgo this annual filing and save $ since they did not meet the minimum requirements..pretty common action so I wouldn't say this was a negative. I do agree with several recent posts that this company needs to do something tangible to speak to this innovative product and potential market. It's been three weeks now of lower lows which is only going to depress current share holders and put pressure on the stock
Appears as though u r in regular contact with the company and kudos to your efforts to protect shareholder value. Perhaps you could encourage them to create a share holder letter outlining their current strategy to develop market confidence. As long as we have someone offering huge blocks at low prices and we are so thinly traded, this stock will continue to deteriorate