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Wow!
Liquidity crisis could hit gold
Abbott beat em to the punch would have been big if they were 1st
added where's Lucky Charm
$30.60 resistance will soon been the floor
Market will digest takes time
Suspending other studies likely hurting short term sentiment
Hitting technical resistance at 30.60
J & J phase 1 by Sept. seems like PR campaign
this will be in home stretch by then
Might be good news. Now work out Falcon
100 trillion going to be dumped onto
the global economy and Gold is $1600
something has to give
Maybe many are home smoking "Essential" weed
LOL
3 Navy seaman have virus- Vaccine changes everything.
Might be just hype by the company odd it wasn't PR'd
Blurb came out on Varney this AM about home test kit they
are developing.
It wasn't PR'd it came out inside of a corporate update.
To effectively respond to the COVID-19 pandemic, ThermoGenesis and ImmuneCyte are working together mobilizing their expertise, global resources and relationships in the medical technology field to develop, register, import and seek U.S. Food and Drug Administration (FDA) approval for advanced point-of-care tests that will allow rapid diagnosis of the COVID-19 virus, including asymptomatic cases. The tests would be able to be done both at point-of-care settings, or potentially at home, without further burdening the already stressed healthcare system. A quick do-it-yourself (DIY) testing kit, as simple as a routine pregnancy test or diabetic glucose test, if approved, would allow millions of people currently quarantined at home to conduct a self-test.
Management noted that the first of such a rapid point-of-care test could be available as early as April through ThermoGenesis and ImmuneCyte. "We expect to file for an expedited review process with the FDA for the assay," noted Dr. Xu.
Please work harder it didn't hit my limit order
Options can take some of the
risk out if you intend to hold until milestones.
If you're a Day trader trade on!
Thurs unemployment numbers going to dreadful.
Need to see light of back to work.
Day traders- it's all a gamble but Moderna ramping up
production facilities and 1st mover working with NIH
Trump likes companies getting results Fast!
Breaking all the Norms I think it's up and running by Fall
IF
proven Safe
good luck with INO
Vaccine protects elderly and compromised - Period
Makes sense for shorts to cover their hedge down here Trillions
of global digits hit the system worldwide this year.
Hell who knows maybe they will go long Q3 if Rob can get production up.
Maybe just wish full thinking
Buying the dip 50 day 23
Interesting
California declares state wide stay at home order. Vaccine
is best solution for older people not treatments.
Attention about to heat up going into expedited safety tests.
Obviously a gamble especially in this market but
Funds will drive this not day traders in the long run.
Country needs a vaccine there might even be multiple options
government will throw WHAT EVER it has to to save our economy
Trump will accelerate the solution prior to election who ever get's
there 1st. and right now thats MNRA. Ultimately he wants results
no guarantee that be Moderna. Look at buying puts as your position
goes positive or selling calls against it.
Moderna working with NIH back to sleep thanks for the 27's
Positive safety results are next mile stone. If positive
Interest will sky rocket as Trump is breaking norms
and accelerating processes. Government funding
potential upon safety results.
Vaccine is the only long term solution
JMO
bought 24.80 China going back to work as we shut down
Earnings going to be ugly buying Q2 might still get smacked
Fed actions should show up in a weakening dollar and
a rise in Gold if the paper barrons have filled their bellies.
As we know here in MUX land higher Gold prices don't
always translate to high SP
Interesting times
Well there's our answer. Insiders as usual knew of
continued Gold Bar production Issues.
I don't appreciate management hyping Grey fox
while Gold Bar sucks wind and the boys sell into retail
investors.
Production for 2020 looks flat. Hopefully Rob is low balling and can surprise
the market just don't know if he's that clever anymore.
Higher Gold price is needed here.
JMO
What a blood bath. Wonder if asset value higher than 250 million
They pulled it all the way to the Nov. 2015 low that was
followed by the parabolic move into the last election in 2016
They had cash then and far fewer shares.
May mean nothing but interesting
Hey Rob I'll take my dividend in Gold
TS strong watch MUX under 1.00 gold breaking out. MRNA looks ready to pop
Gotta be on the call Wed and ask Rob WTF
I agree GLD hitting new high yet we linger.
8K indicates we paid $245,000 cash 80,000 shares 20,000 0ptions at $5.00 for Eyepax.
Shai and Co. are pulling down some hefty salaries slid into this 8k.
Hopefully performance will reflect those salaries this year.
Item 1.01 Entry into a Material Agreement.
On February 28, 2020, the Company entered in an asset purchase agreement (the “Asset Purchase Agreement”) with EyepaxIT Consulting LLC, a California limited liability company, (“Eyepax”) and the principal owners of Eyepax (collectively the “Sellers”), effective September 30, 2019, pursuant to which the Company purchased certain assets from the Sellers at a cash purchase price of $245,000. As additional consideration, the Company shall issue to the Sellers 80,000 shares of the Company’s common stock and an option to purchase 20,000 shares of the Company’s common stock at an exercise price of $5.00 per share, subject to adjustment, which shall vest quarterly in four (4) equal installments and expire on February 28, 2023. Pursuant to the Asset Purchase Agreement, the Company shall enter into an employment agreement with Mr. Lalith Caldera, a principal owner of Eyepax, and pay Mr. Caldera an annual salary of $100,000.
On February 27, 2020 OMNIQ Corp. (the “Company”) entered into an employment agreement with Shai Lustgarten, the Company’s Chief Executive Officer, (the “Lustgarten Agreement”) pursuant to which Mr. Lustgarten shall continue to serve as the Company’s Chief Executive Officer. The Lustgarten Agreement has a four (4) year term and automatically renews for additional one (1) year periods unless either party elects to terminate the Lustgarten Agreement. Pursuant to the Lustgarten Agreement, the Company shall pay Mr. Lustgarten an annual base salary of $560,000. Mr. Lustgarten shall also be eligible to receive i) equity awards pursuant to the Company’s 2018 Equity Incentive Plan (the “Plan”) and ii) certain milestone bonuses as set forth in Lustgarten Agreement. In the event Mr. Lustgarten’s employment is terminated by Mr. Lustgarten for good reason, or terminated by the Company without cause, Mr. Lustgarten shall be entitled to the greater of (i) the unpaid base salary or (ii) one (1) year’s base salary.
On February 27, 2020, the Company entered into a consutling agreement with Mr. Carlos J. Nissensohn and/or an entity under his control, a consultant to the Company and principal stockholder, (the “Nissensohn Agreement”) pursuant to which Mr. Carlos J. Nissensohn and/or an entity under his control shall provide certain consulting services to the Company. The Nissensohn Agreement has a four (4) year term and automatically renews for additional one (1) year periods unless either party elects to terminate the Nissensohn Agreement. Pursuant to the Nissensohn Agreement, the Company shall pay Mr. Nissensohn a monthly fee of $30,000. Mr. Nissensohn shall also be eligible to receive certain milestone bonuses as set forth in the Nissensohn Agreement. Mr. Nissensohn is a principal stockholder of the Company
The description of the material terms of the Asset Purchase Agreement, the Lustgarten Agreement, and the Nissensohn Agreement are not intended to be complete and are qualified in their entirety by reference to Exhibits 10.1, 10.2 and 10.3 respectively, to this Current Report on Form 8-K and incorporated herein by reference.
Item 3.02, Unregistered Sales of Equity Securities.
Item 1.01 is incorporated by reference into this Item 3.02.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 1.01 is incorporated by reference into this Item 3.02.
Item 7.01 Regulation FD Disclosure
On March 3, 2020 the Company issued a press release. A copy of the press release is attached hereto and incorporated herein by reference in its entirety as Exhibit 99.1.
Item 9.01 Financial statements and Exhibits
(d) Exhibits.
Exhibit Number Description
10.1 Asset Purchase Agreement
10.2 Employment Agreement with Shai Lustgarten
10.3 Consulting Agreement with Carlos J. Nissensohn
99.1 Press Release
yep could be a while management seems to be getting it's house in order suppose to uplist. Thnx for DRRX sold it at 3 missed the top but did really well. GPNX ran too far too fast for me looks dangerous up here. Bought MNRA 23 traded few times up to 28. Interesting times I have some core in that one for long haul.
Either that or there is some serious financial shortfall they know about that we do not