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Some idiot is heavy on the ask at 4. They'll regret it as this powers through!
This news is what we were waiting for. SOUP Long and Strong.
Agreed. Hold them tight and this thing will fly.
We all told you this was going way up.
Join back in by slapping the ask!
HOLD THEM TIGHT!!!
New highs coming. The last run up was nothing!
Completely agree. Was annoying to watch it go down though. Guess it makes the journey up that much more rewarding!
I mean, the skeptics came out big last time and everyone ran. That said, I think those weak hands are gone and the new holders are more patient.
If it jumps to much then people will sell and it'll go back down. It's very hard to judge though. If it goes to 0.1 and you sell you could miss out on the 0.15 run.
Long term this is gold so don't sell everything! I won't be selling any of me 500,000 shares.
I think he's asking when to sell.
The answer is.... not tomorrow! Or for a while for that matter. I'm assuming WC will try to turn the business around for a sale. Big money!
I feel like a kid on Christmas Eve.
That is completely incorrect. You do not need a $1 sp to list on the TSX VENTURE exchange.
Not sure if you realized it's the TSX V.
Any idea when we can expect the announcement?
If it jumps to .02 and gets noticed on the breakout it's smooth sailing ahead. This thing can run.
I think you'll have to slap it to get some shares.
Worth it.
Silly people on the ask at 0.016.
Not sure why you'd sell on this news. It essentially proves that they want to move forward with growing their product through drug trials. That's the absolute best case scenario. Why? Because once you actually start reporting trial results you become a takeover target.
This is a complete no brainer.
There are some decent sized bids at 0.0125
Are you back on the soup?
Whoever is on the ask is a complete fool. I'm sure there are some people who put in standing sells below 0.02 who haven't realized what is happening. They're going to regret it when their order gets filled during the rebound.
Here we go! SOUPS ON!
Sweet dreams.
Agreed. That was my comment below. I think this puts us in a great position to get taken over. Similar to a junior miner, this will allow us to prove out our resource/product. This also drives up the pps as we go along :)
Keep trying to poke holes in it and let me clarify all of them so everyone knows this is great news.
Anything else?
Stop trying to manipulate.
"In addition, Jitney has agreed to aid the Company and act as its sponsor in connection with the listing of the Company's Common Stock on the TSX Venture Exchange (TSX-V) in Toronto, Canada."
That means they will assistance in helping to get them listed in Canada....since they know the requirements.
This is great news and it's very good that they will aid the company.
That google result is irrelevant.
The fine had to do with one of their direct clients being a manipulative trader. Also, the division of the company that is responsible for monitoring investor trades is completely separate from the IB division that would be part of this financing.
This is the turning point.
Getting listed on the TSX Venture Exchange and going through an equity financing will be amazing for SBFM. Jitney will review the valuation that was previously done, and come up with a more realistic one for the financing. If they are able to raise the full $10 million, then that would fund clinical trials and also allow them to potentially generate some working capital from existing patents. This is where we turn into a business that gets attention and eventually bought out.
Anyone who has been annoyed by the lack of interest, you're in for a delightful change of mind.
This is also the exact WRONG time to sell. We're about to start a run and this is a completely legitimate business. This is not a stock that you should sell out of for short-term gains. Think about the big picture here. We could have a 100 bagger in a couple of years.
I've got 1 Mill shares locked down. I will not be selling anytime soon.
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12267128
They have zero revenue!
How would they pay a dividend? lol
WC trying to buy remaining float? :)
That's kind of the point. There was no real news so the drop wasn't warranted. We're in the same position we were in earlier with all of the same positive outcomes.
A few people posting that they think the assets will be stripped from the company and we'll just be left with a shell company were just random assumptions.
We're looking good here and this could still go about the highs that were previously achieved.
Time to lock and load.
Honestly. Nothing is stickied and not a single post has any information about what is going on. I realize that I should do some DD but typically it's nice to at least be able to get something off these boards to warrant more DD.
People on the boards should want others to be interested since it drives more buys/demand.
Mr. Darkpool, are you out of this one or buying up the sellers?
Just added 100k to my stash. Thanks seller!
Nice! Take them off the weak hands and don't let go.
These flippers are holding us back.
Who is the idiot selling at the bid? If people want to sell then place a decent ask and wait for it to fill. This is going to move up so stop giving away free money. Make the buyers pay top dollar.
Also, an even better piece of advice, don't sell!!! You'll regret it.
Here we go!
Someone knows the results and they're placing huge bids. Very good indication.
lol it started at 2:00pm. That doesn't mean the decision will be done by 2:01pm. There will be introductions and a discussion. I wouldn't be surprised if we find out the results after close.
The results will be good though ;)
Wednesday - Friday this thing should run up to it's true value. So undervalued here.
Or this person doesn't realize the funds aren't locked in until settlement and they are free to buy securities. That was more or less where I was going with my question.
Ya that's what I was curious about. I can buy another stock instantly after selling another (with those same funds). The money does not actually have to reach the settlement date. If I want to transfer that money out of my brokerage account then I have to wait for is to settle. I live in Canada so maybe there are different banking rules.
The industry is actually moving to T+2 this weekend so I guess you'll be able to invest faster now.
You stole too many cars back in the day.
What do you mean you sold soup and waiting for funds to clear?
I believe it's in line with what the wolf was looking for. I know cash + receivables are in line and I think the patient count is too. Probably a miss on revenues though as it's down QoQ. I would have been fine with no revenue movement. That said, I think they'll move it up next quarter and then the additional production output that will be harvested in November will add to Q4.
I might expect a dip tomorrow but long term we are good. If anything I would view a drop as a buying opportunity to average down.
I don't have a link to a source but $750 million would be the fund's NAV. Most LP's are monthly priced so that would be the NAV that was struck at their last valuation. The reason why that number is important is because you want to know what percentage of the fund's value would be in this investment. At the current market price, if they owned 100% of the investment it would be 1.33% of the fund. If it was around 10% that would be very bad because that's a massive single investment for a fund. Also, they do NOT own 100% of the company (obviously) so it's probably less than 1%.
In short, we're looking good. The fact that a fund has run the numbers and wants to buy this company means there's a lot of value there. It'll keep running up.
You got your wish. Some fools are taking profits and probably trying to jump back in. I doubt it will dip lower than 3. In fact, it might never retrace there.
CommonWealth is a fund administration company. Wealth Colony is the hedge fund....