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Maybe a full year of PCR testing, that’s $450/Q(@50,000/d). Add that to a ramped up Antibody testing, increased drug sales ~ $200M/y, HGH opportunity, let’s not forget the new NYS hospital group contract for reference lab work and we can be well above $2B in 2021. I just think without PFE payments, not hitting 50k PCR tests until pretty much Q3, and the lack of AB testing going on as of yet, that $2B might be a tough target to reach THIS year, but I can see blowing it out of the water next year.
I truly hope Cohen proves me WAY off... Poaching him to run BRLI was probably the smartest thing Frost ever did for OPK!
GLTA!
I think $2B in 2020 revenues is a bit high, considering they only get $100/PCR and $50/AB... Included in that 50,000/Day PCR testing, the contracts for NYS($150M til late July) and others come first. They already said that they CAN do 400k/d AB tests, but last I heard they weren’t really testing more than 1,000/d. Hopefully they ramp the AB testing up dramatically in Q3 coupled with their Back to Work screening and getting good news on Phase 2 Rayaldee study, HGH and PFE payments.
GLTA, lets get this ship MOVING!
$1,400,000 buys back the 300M shares you were thinking at $0.0046... Still capital on hand if the price is lower.
Seems like Investors and the Market feel the SAME way... Put Up or Shut Up time for Matt Dwyer and the Team...
On what statement, I was a little winded there...
So, sounds like we have electrical approval and hit a minor snag with the mechanical, not all parts are stainless as required. That being said, we’ve been waiting for months for this approval, and it “seems” near. So NOW GCGX decides to re-tool their website? How infuriating is this! We all know a website can be created pretty quick, even quicker if you wanted to pay extra or the pinch was on. I have a funny feeling though that this was just a tactic to create another hurdle to blame for delays and buy 4 more months of bullshit... I hope I’m wrong, I hope that the oil starts flowing here shortly, once this “vent” concern is addressed. But realistically thinking, I feel we been duped AGAIN... Why NOW, so “close to the end”, would you decide to put another hurdle in our way. Unless of course, Dwyer needed another scapegoat and couldn’t associate the delay with Covid19.
We shall see, but I’m not expecting this NEW website to be up and running before August, and Dwyer using it as a stall tactic... Not bashing, just super skeptic. But who knows, maybe he’ll do us right.
Not holding my breath...
It’s weird, maybe somebody can explain... I also get that different TimeZones/Markets produce at different rates...
I was just going over this and $1 US = $3.668 ILS. So $673 ILS = $183 US. If you do the conversion for the 52 week span, it looks like it’s divided by 100... So instead of the current market price(on the TASE) being $183 US, it’s actually $1.83 US...
That being said, it “shows” its previous close(03/11) was about $1.50($552 ILS) and closed today at $1.86($682 ILS).
Hope I’m wrong, I’d LOVE the real share price to be + $20 tomorrow at open... lol
Cheers and GLTA here!
I must’ve missed it, I’ve read so many dang articles today my eyes are buggy...lol! Which PR did it state that OPKO was the winner of the testing suites?
Cheers, and GLTA here at OPKO!
How can we confirm all other states are utilizing BioReference Labs? It would be awesome, but I can’t find that determination anywhere.
After your conversation with Porter(IR), do you think that his comments surrounding conversations with lawyers are in regards to Bankruptcy or Buyout... Surely to Christ they wouldn’t have to have state multiple dealings with lawyers if it were to be a PR about product release one would have to think...
All this states is that it couldn’t keep current in QB market, dropped to pinks(>$0.001 PPS)... Going on 8 months without any news... Err!
Just the typical response from some of these pumpers/fans cuz it’s 3pm on a Friday...
All of the 6.6M shares traded today have been buys so far...
What chart...lol
What does “MOAS” mean? Thanks ;)
70M Vol... Any chance this thing’s percolating for another big pop?
What’s the 3k next week?
Bahahaha, well we’ve morphed from a plane sitting on the runway to a party, I like them odds... Lol!
If it hit a buck I’d be ecstatic!
I like epic, and hope it DOES make history... Let’s hope patience pays dividends!
Ya, I agree... I’m thinking that they’re just lining up everything to have 1 PR Update with current stays and future plans. They don’t seem to give 2 shits about the stock at the moment, but personally, I don’t think that they’re doing it to squeeze the shareholders for cash. My personal belief is that Lerner is self sufficient, his passion is inventing patents, monetary being a byproduct. Just MY opinion, for a fella I don’t know, who’s invented and patented more than a dozen ideas.
Good luck all, let’s hope news is sooner than later!
I agree 100% BB... Like I said, the last FOUR days now that I’ve paid attention shows huge buys after close... About 20M these last 4 days.
Wow, 18M from 13:49 on... All at $.0015
Not bad, 6.6M volume in the first hour...
Bahahaha, who still waits for a pay check anymore...lol! So just kidding, good luck guys/gals!
I’m with ya there BB, no news is getting the better of us... Questioning things that otherwise would be non-issues.
All 3 times(that I’ve noticed) this week have not changed the posted “Close” price either... It does seem pretty shady...
Why do we keep getting these BIG trades after the bell... I believe 3.5M, 5M and 5M each day AFTER 4pm close?
C’mon Power Hour, how about a lil GREEN for the good guys :)
It was written in a way that it seemed like it was in reference to THIS Ironclad specifically, that’s all... But I was just waking up...
Ahh, ok thanks!
I think it woulda been either Post #15968 or 15969... I believe it said that IRNC increased the AS and were hoping to purchase another unnamed company(maybe with shares).
I read it half asleep waking up, wanted to read it again but she gone... :(
Here’s hoping that this is the calm before the storm... Get them phones working and hopefully we get an update here before TurkeyBowl... :)
I’m the same way, I’d be over the moon if they even hit a dime...lol!
Thanks Ace, I appreciate the courtesy in your response. :)
So enlighten me ZoomBoom, is the Stock price correcting to the $0.001 for the October 25th timeline? Do you own shares in IRNC?
Maybe somebody more experienced can shed some light on the recently reported Information Statement “def 14C” of October 3rd.
Here it states that the Company, with notice, can increase the number of shares for Class A Common Stock, par value of $0.001 from 800M to 6B “incrementally” within 21 days notice(written notice mailed to shareholders on record October 4, 2019).
My questions being:
(1) Is the stock ONLY valued at $0.001/share currently?
(2) The Information Statement said “Incrementally”, surely to Christ you would think that they would only want to take it on the chin once(dilution)?
Not bashing, just asking...
So, just spit-balling here...
Increasing the amount of Authorized Shares from 800M to 6B is a factor of (7.5x). Therefore; the outstanding shares should go from 300M to 2.250B, leaving 3.750B available as opposed to 500M(62.5%). Does IRNC really require that much availability if we weren’t even close to filling the original 800M? Or do they expect a sudden increase in Investor interest(which usually would be accompanied by a price spike)?
I’m kinda perplexed at the need to increase the amount of Authorized shares if we weren’t even 50% outstanding. It DID however allow them to introduce 20M of Preferred Stock...
I hope this is for the benefit of current shareholders and Company Viability...
Cheers!
Thanks Zoom/Sean! I know that this seems like a long drawn out process, but I’m sure that we will get news here before the end of the year. Developing NEW Cyber Patent technology doesn’t happen overnight and the testing/troubleshooting/verification stage could be more tedious than the initial development stage. It would be more damaging to the Company to rush to put out a half-assed product just to save face with investors. The reason I ask though is, with no revenues or customers, the Patents are the Company’s only true worth(at the moment). And I get how the world is going, Patents/Proprietary Info are tangible assets that are highly sought after.
My only reservation (NOT Bashing or Ulterior) is using OUR money to Research/Invent/Develop Patents and technology all while supporting themselves, then selling out to fund lucrative severance packages leaving the investors holding the bag. I’m not saying that’s their intent by NO MEANS, just saying it’s been done before and recently(Synergy Pharmaceuticals SGYP).
I’m not trying to put a good/bad spin on anything, just asking questions as we wait on news.
Idle minds are the Devil’s workshop...