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I remember seeing “expansion” but not “facility expansion”.
Did I miss that? I construed expansion to mean company growth, which would hopefully drive the need forFacility expansion as orders were secured.
They only have enough money to run the Company for a few months. I would be surprised to see them spend the entire offering on Sticks and Bricks.
If ownership of this stock equates to knowledge he is smarter than I am!
I will ask as a rebuttal the same question I asked Bio last week.
As a company with little to no money that is trying to transition to CDMO, how much do you spend trying to sell something that no one seems to want to buy?
They couldn’t sell it before and we have no money to research or market it further.
We are gulping for air.
I think they made a wise decision taking $8M and shedding any further expense.
It’s not over yet Blue!
Astronomical, I would say no, but salvageable I will stay for and risk what is left of my investment.
Because that was the best deal that they could get.
That did exactly what they said that they were going to do.
Kudos for telling the truth.
I’m hanging on till the bitter or better end.
I got a golf ball with a heart on it and a promise to a free entry to the Golf Tournament.
You didn’t get yours?
Mine was signed by MasterCraft
I am thinking it is time to invest heavily!
Launch told me the barges are almost here and they picked up a Swedish chick in a bikini on the way!
Certainly that will propel us to fortunes!
I swore I would never invest more in this stock, and I will not.
Paying for an attorney would be an even worse investment, IMO, but I applaud anyone that wants to put money and effort into it if it reduces my loss.
I will cheer for you and throw you a puzzle piece parade!
I think it is a Chinese company that set up an entity here to gamble on Bavi and the potential to market it overseas.
Probably a crazy guess.
We got effed years ago by the prior BOD’s.
The remaining question is, will we get effed again?
ECG, my belief is that for now they will give us only what they have to, and I think that will come in an SEC filing. I suspect they are following legal advice closely.
IMO, they are remolding this Company and will disclose the minimum required by law until they feel comfortable with the direction.
Hopefully that is a direction that will improve the PPS.
I hope they follow through with their stated direction. So far, IMO, they have done more things they said they would in the last few months than the prior board did things they said they would do for the last 5 years.
Let me know how that works out.
Judge: And what is the basis of your claim that the Intellectual Property was sold at less than value?
CA Attorney: Well, your Honor, many of my clients read on the internet that it is worth Billions!
Judge: Bailiff, next case.
I agree WW. I’m all in but still hold hope for recovery.
I will go down with the ship before I sell, but we are still in very rough seas, IMO.
Not if they get some orders.
It failed and we have no money to test it again and no interested buyers. I don’t care who bought it, at least somebody did and we got a little of something.
Maybe now we can focus on CDMO.
That seems to be the strategy of the current Board and exactly aligns with what they said they would do, IMO.
They have done exactly what they stated they would do, and seem to be making good progress so far.
They said they would shed R&D/IP and that is exactly what they did.
I can’t understand why that is so surprising.
Obviously you have not kept up fully because Bavi and the test kit were a lie perpetuated by false promises by SK on the bounds of incrimination.
I lam happy for you that you have made money here, you have done better than me.
I disagree with your $1 prediction.
The past does not matter.
What they do moving forward will determine our profitability.
They are under no obligation to us to deliver PR’s because someone screams that they should.
I’m in for the total loss or a recovery. If I did not believe that a recovery is possible I would not be here.
With the exception of the Ronin buying before the split (we went from around.40 to .70?) and the burst after the last RS my experience with this stock has been a prolonging slow decline.
So no, I do not blame our stock price on the new BOD’s.
I understand your frustration but you have to give them some time!
I have endured prior management for years and some here for decades.
To expect an immediate turnaround in 2 months (IMO) is absurd.
They have to raise cash, fix a balance sheet, fix a reputation, get customers and shovel out the prior manure.
Right now we are in damage control. We almost went OOB and may still.
That is my pragmatic opinion.
Geo, it changes so quickly. I’d take the money now.
We have to find money somewhere (assuming they really are trying to build a CDMO).
I’ve seen enough liquidation here but I will suffer some more in hopes that it is being spent wisely.
I don’t know anything about what Dr. Thorpes work is worth, but I think it is not worth beans to CDMO.
There may be much merit in his work but if there is I don’t think it will ever be recognized here.
I don’t think that there was any IP to bury and that they are doing exactly what they said they would do, to try to build a respected CDMO.
That does not happen in days or months, and the poor reputation of prior management extends that, IMO.
Our hope for a rebound lies in manufacturing.
IP (or assets, whatever you want to call them) is not a factor in our possible success.
Many here seem to expect immediate gratification from the change in ownership.
IMO, had it not happened, we would be OOB or near it with the old management.
I would love to see huge gains in a short period of time but I’m glad that we seem to have a path with new management and a defined direction.
IMO, posts about prior R&D and astronomical values do not apply to this effort to reconstitute the Company.
This is going to take at least a year if they can salvage this stock.
We are the chalk on the tip of the cue being used on the table in the game room of the house owned by the ones that will determine our future in this stock.
All IMO, but nothing said here will change that.
Go CDMO!
You nailed It.
Ronin is manipulating the entire stock market to make a killing on CDMO.
I bet Bleeker changed her name again and is behind this.
Another puzzle piece.
Pure folly, IMO.
We failed as a developer and are struggling to stay in business as a manufacturer. That is indisputable.
Pretty clear to all who was right about the fortune that Kings lies and misrepresentations predicted. Paragraphs and fake puzzle pieces do nothing to change that.
Hopefully our new BOD’s can right this ship.
Not going out of business, going into a different business.
Don’t be so quick to judge!
NASA, Monsanto and Sean Parker could have sold that gun for Billions but a world wide sabotage and conspiracy robbed them of their Pearl.
That was our funding for Bavi......
Jake, I agree, especially with the part about capital needs.
No solid Customer is going to bet their manufacturing needs on a shaky company with a going concern.
We need to improve our financials to build our reputation, IMO.
Baby steps, it is going to take some time.
I feel better now than I did then.
I have no idea, I’m just hanging on like everybody else.
6-12 months is my speculation of how long they need to dump all the R&D/IP garbage, reduce expenses, secure orders that can be announced publicly and begin to gain Institutional trust in the Company.
Easy if we can find some customers.
Give them a little time to right the ship.
They are in a huge transition and it won’t happen overnight, IMO.
I’ve been here a while. I’m hoping in 6 months that we will see a positive uptrend. Maybe a little optimistic but that is where my hat hangs for now.
It is dated today but calls our ticker symbol PPHM.
I would not put much credence in that.
So what is it that you suggest?
The company has no money and will go OOB if they cannot show profitability (IMO) in the next 12 months as a manufacturer.
Do you suggest that we continue to pursue R&D and burn it up in 4?
I don’t think that is in our best interests.