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.
Thanks AMG. Really enjoyed your posts either way and learned quite a bit about pharma industry and repurposing strategies from alot of the due diligence done by you and some others. Looks like it's back to the drawing board for me. Maybe I'll hang onto some shares for fun and just forget about it lol.. best of luck my friend.
I wish you all the best here and if you know of some other potential winning plays I'm all ears.
Interesting sentiment. I think we are all feeling the wind being taken out from our sails and yes the time line has changed maybe beyond what most of us are willing to wait but something tells me they still have aces up the sleeve that have not yet been revealed.
It may be a pipe dream but I refuse to believe that a delay in timeline dismisses everything Algernon has set up for getting their compounds noticed by pharma or possible partnerships. There is no way they will have enough funding to get these trials done if outside investors become impatient and start pulling out their money. There must be another source being looked into. Either that or this will not make it to Phase IIb but I doubt that with the results we have seen from the repurposed compounds. Who knows? AMG has been the guy who has done more DD here than anyone and he seems fed up. So I really don't know what to think at this point. I really thought Algernon was the one to break free from the Bullrun trend and would hit the homerun. Maybe that is still the case but let's see how the stock price plays out and what's to come. Management has been forthcoming up until this point which is more than I can say for BLOZF
Not sure how to interpret this. I understand the delay is disheartening. Is there no chance that big pharma can step in before then and expedite this process?
I mean at least we were giving a timeline opposed to the camp where your guess is as good as mine.
AMG just curious on your take for a large upfront cash deal from big pharma. Hypothetically do you think this would only push us into US dollar range? or potentially higher. A large cash deal I would hope would at least get us into the 10 dollar range.
Excellent post my friend. Lots of crystal ball theories have been put to bed with that one.
A public offering and a reverse split could never take place simultaneously. Price has dropped but I don't even mind if the price stays where it is. I'm cool with picking up some cheapies.
Folks don't realize this stock has the potential to explode overnight. Algernon and Cannabix are definitely targeting two different industries. The key difference is one of those industries is already well established and lucrative.. the other is brand new. I believe you said it best before... multiple shots on goal. The medical breathalyzer is of no concern to Algernon right now. 100% agree. The have bigger fish to fry right now and that's striking a Pharma deal.
You can spit numbers and non factual Kal theories all day but nobody here actually knows where AGN is progress wise within their repurposing quest. The level of transparency displayed by Algernons management is night and day in comparison to Cannabix. I got off that boat a long time ago but best believe I sailed right over to Algernon where the waters are less choppy.
Good hunting all. And thanks AMG for constantly debunking the pothead theories.
Ohhhh yeaaaa! Digging the new tag AMG. Reminds me of the Kool Aid guy a bit lol
More than likely.
Thanks AMG that makes sense to me. I look at this down time as an opportunity to keep loading up what I can. NA$H time is upon us.
Curious as to why things have gone quiet on the News Release front. They were pumping them out before. We know things are in place but any idea as to what next news may be.
Ukranian Mouse Pills + Kal and Pals + skewed FDA timeline + Cannabis = an LND post
Not relevant to Algernon directly but an interesting read. Lots of pharma investing in all things NASH.. good sign for us:
https://www.thepharmaletter.com/article/more-bad-news-for-selonsertib-but-gilead-undeterred-in-nash
I remember you mentioning that Algernon's timeline is finite as opposed to Cannabix where we dont know how long that road will wind. Win or lose regardless we will have answers but it seems only logical some big pharma will scoop us up. They are dropping billions on lesser performing compounds. Here's hoping.
AMG I am slightly confused. Devices aside, has the sentiment changed pertaining to Algernon's pipeline? Based on all your previous DD it seems we are still in good shape in that regard or is it your belief that is being spoonfed to us to further take investors for a ride? Just want your take on this.
Excellent post AMG. You summarized everything quite nicely and it definitely makes sense to me. We are trending in the right direction and all false rhetoric aside I do not care about current SP. Just an oppprtunity to acquire more shares before what we can foresee as inevitable.
Lots of crazy math being thrown around here lol terrible attempt to convolute facts.
AMG this guys clearly lost.. I mean you have to be if you're investing in LIHT lmao
Digested it and loved it. Seems we just have to be patient and hang onto our hats as we are trending down an even better direction than Lipocine.
I honestly just ignore all the Algernon weed talk at this point lol. Its just plain idiotic to put it nicely. Anyone making those claims or even insinuating that is a possibility where Algernons three compounds are concerned are absolutely clueless and just making themselves look moronic. Creating senseless rhetoric which you in turn have to repeat yourself and put it to rest for the sake of new investors.
Anyways moving on lol.. great DD AMG. Keep on keeping it thorough.
Congrats on the milestone good sir
So based on AMG's findings it is my understanding that the two countries drug adminstrations (USA and Russia) have reached an agreement to work collaboratively in the common interest of protecting profits and sharing existing knowledge. A more global perspective is needed here to understand this.
It is not uncommon for two countries governments to work together to accomplish mutual goals. Why is it not feasible that two drug administrations can do the same? Last time I checked prescription drugs are used WORLDWIDE. Meaning that people outside of the US have taken medicine and lived to tell about it. Meaning they can compare notes and fasttrack drugs for each other. That spells more $$$ for everyone. Wake up ppl!
I interpret it the same way. Outsourcing a company to handle investor relations for 6 months further shows that these guys are getting ready to get after it.
I mean it obviously means they are busy if not they would more than likely handle that in house themselves and busy is a good thing. One less thing to worry about for them while they focus on the real task at hands. Trying to ensure that in the mean time the SP is not at the mercy of pennyland flippers
Solid read.. now thats some high calibre DD. Knowledge to help folks understand exactly what it means to repurpose drugs. Education is key.
For anyone here looking to bicker about the sp and flip pennies then please ignore the facts because we are here for different reasons.
As mentioned by AMG before this could go from .30 to $30 overnight and I for one am not going to be caught without my shares in hand. If you are looking to buy and sell you just might end up losing out on big pharma bucks and that would be a shame. AMG is trying to shine light for you guys and ppl here want to put their shades on when he does thats fine too. Nobody has posted anything to relevant to discredit any of his DD. Keep it moving
I always look at things objectively and from what I see AMG has posted more DD here than anyone else. RELEVANT information regarding Algernons plan moving forward and REAL LIFE potential of this company.
As mentioned before with real life FACTS big pharma relies on smaller pharma companies to help them keep their shelves stocked up. As mentioned these conglomerates are losing 10's of billions of dollars each year due to a lack of R & D resources. Hence they would rather let the little guys do the repurposing work and buy them at a discount in PRE-CLINICAL stages. Once clinical stages commence the price tag goes up and thats not in the best interest of big pharma. As mentioned by AMG over and over.. the money will come welllll before FDA approval and its highly possible Algernon wont even own those compounds anymore by the time it does. Thats the point. We are not sitting back waiting for that.
Cenicrivoric (current Nash fibrosis drug) was purchased for 1.7 billion back in 2016 - FACT
Algernons compounds clearly outperforms Cenicrivoric - FACT
Big pharma needs help keeping their shelves stocked due to expiring patents - FACT
Algernon is presenting their findings at Global conferences - FACT
If you piece it all together Algernon is in a very very good spot to capitilize on big bucks and if you cannot see that I can only say one may be blinded by personal emotions.
Well said AMG. Many of you are focused on nothing. All I am seeing is "Kal this" and "Kal that". You need to leave that mentality behind. Kal and the group help smaller companies garner investment $'s - BTH/Nash was once part of that yes. But times have changed and where Algernon is headed is to am entirely different realm. Algernon does not care about if pennyland investors throw money into this stock or not. They are now a new entity coveting a much larger investment (billions) from a way bigger player (big pharma). Dont miss the boat talking yourselves out of this one. The writings on the wall like heiroglyphics.
Have a good trip man! Hoping for a good month here for all.
Nothing traded on Canadian side yet.. interesting.
Algernon to the mooooon!
LOL my man posted an entire Wikipage as due diligence lol. Hold on I just edited the link you may want to recopy.
If you want to spin the story the way you want thats cool. Trying to compare the pharma industry vs. weed industry in terms of profit and millionaires made.. you have a better chance of ice skating uphill. McDonalds.. billions and billions served.
Glad to know you post for entertainment purposes. I don't come here to be entertained. I like facts. If I want to be entertained I will jump on Netflix.
I think there is alot of convolution on this board right now. I agree with the sentiment that we should stick with the facts.
I have left the past in the past. The game plan has been laid out for all to follow and there is very little need to theorize. As stated its easy to manipulate a stock price at this level of trading however I think most are missing the bigger picture of what is coming down the pipeline. ALGERNON has a legitimate shot at big pharma bucks. Period. Look at the news releases. Look at the facts. Look at the dd done by others. If they are tinkering with MJ.. who cares?
Cenicrivoric was a failed drug with poor results that still got snatched up for 1.7 billion.. look at how many effective compounds we have. This is bigger than Kal. These guys just presented at a medical conference amongst respected doctors. What more legitamacy do we need? Let's move forward shall we.
Its right there on this page in black and white:
"Our Process
Drug repurposing is the process of discovering new therapeutic uses for existing drugs. Repurposing offers several benefits over traditional drug development including a reduction in investment and risk, shorter research periods and a longer active patent life."
I dont know about you but I do not know of any "existing" drugs that do not have FDA approval unless we are talking about illegal drugs.
https://academic.oup.com/jac/article/65/12/2598/753163
This is just one example where FDA approved drugs are taken and repurposed geared towards a different area of application. The whole point of this endeavour is so that big pharma can rely on small pharma to fastrack these drugs so they can be put on tje shelves faster. Yo
You are trying to paroos through the website to find verbatum that Algernon is working with FDA approved drugs you simply wont find it. You actually have to learn the process to understand this.
Algernon deals with "repurposing" existing drugs. In order for a existing drug to be "repurposed" it must be "FDA" approved :) -
You know times are slow at Cannabix when all anyone can talk about on this board is Algernon. It seems a new rock star entered the building lol
Conference day is underway. Pretty exciting stuff in the works! For anyone keeping up with the DD this one seems like a no brainer. I am also learning alot about investing in the pharma industry which I had no clue about. It all makes perfect sense if you have the capacity to piece it all together.
Learning about how junior pharma plays such an intricate role in protecting billions of $ of revenues for these conglomerates is very interesting to say the least. It really seems like the perfect storm for Al-jer-non here. Big shoutout to AMG who floods this board with useful due dilegence almost daily. Spreading the knowledge for all of us to understand exactly what we are dealing with here.
Well said, AMG. I agree with all of that.
Phew! Thanks lol. Not doubting our little gem here just a little alarming to see is all. Much obliged.
I own shares on the CAD side and when I try and pull up a quote on my trading account it says the symbol doesnt exist.
Was there another stock split done?
Quick question.. why does my stock portfolio show BTH trading at 0.21 CAD? Rather alarming just want to see whats happening.
I dont think this Breathtec name change has anything to do with MJ. If anything I feel its to separate itself entirely from MJ altogether and prepare for the global stage. That UK conference at month end and they will be going in with a fresh new more 'pharma-y'name.