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I still believe in the company but i had too much of my overall portfolio in it so I sold a bunch for cheap, been in here since 1 cent so still made a decent profit but I cant sit and watch a company double their outstanding shares that become non restricted right before the trials are supposed to start. If you have more freedom I hope you took advantage of me selling, GLTA and PEACE
your math is clearly wrong considering he only owns 66 million
i assume theyre renting facilities considering they have said they have received drugs
almost none if any has gone into float and isn't due up in float for a long time
tl;dr overall outstanding shares has gone up around 200 million, but public float has not gone up. A lot of them are in either in board members which have a year to sell them, or there's a lot in a 60 month holding period.
public float hasn't changed and under 4(a)(2) he has to hold them for at least a year so still not worried, though since they have gotten around 400k, they better put the money to good use applying for the PRV and other manufacturing stuff.
no just blind, its been posted
https://backend.otcmarkets.com/otcapi/company/financial-report/284975/content
these things take a few hours to appear on the site guys, stop panicing
they cant? they're all insiders and would have to notify a year in advance?
Who knows when they post it vs when it's actually updated! We may not see it update on the website till tomorrow morning.
I don't understand what you get by not reading the reports and making false claims by saying "oh we have no idea where all the money is going!" when we've known for months. I personally am disappointed in the current share price but not surprised, they've announced a ton of news though that's flown under the radar, they have a university partner, tons of experts willing to advise them, samples of the drugs they are going to test, and a clear path forward. All they need to do is put in the work, and we should see a trial on time.
Untrue, its in the annual report, it all went to board members. I'm unconvinced you're reading these documents at this point cuz you haven't gotten what the report that was delayed was right, nor the time, and made the false claim of these shares are unaccounted for.
What? This is pushing the QUARTER report back a WEEK to MAY 24th...
i am hoping this means they actually have good stuff to put in there they didn't expect so it's taking them longer
i think were gonna see something good in the Q1 report that should be out this week.
Who is ready for the first quarter report?
even during the N&S change the L2's were wide open and the volume was almost 0. I think they're waiting for something very big like uplisting or getting funding, which should be relatively soon now.
at least we know theyre getting GMP ready
whats mid term for this guy, like we have clinical trials to get through but you think 5-10 end of summer
been almost 0 volume tho, like as far as we know these are just the sames shares being passed around going lower and lower cuz people want to get in and get cold feet and get straight out.
dude the guy literally left university of pittsburgh to start a consulting firm to do this type of stuff. if he gives bad advice to a company, the company he made after leaving his old job suffers
It's better to stay in a lab freezer or university lab facility where the trials or treatments are taking place...?
who puts a brain cancer drug that's used in a specific surgery on a shelf
We are seeing great buying opportunities cuz most of retail cant trade lol.
Let's go new board!
Still have my sell orders at 5 dollars ready to go.
Reminder it hasn't actually happened yet and it's not like other people are autistically refreshing finra's site like us. They haven't even had a PR or an SEC communications report on it, just a tweet, an email that just went out, and the FINRA site itself. News takes time to move. Just be glad people will wake up to see CUBT tomorrow instead of CTYX, and when they do, we might see some movement.
Why would a company reverse split when they aren't even close to their authorized shares...?
*if* they get funding, billions in market cap.
Really? I show ihub to all my friends, they thoroughly enjoy this.
Every drug is different, every name change is different, there are no set in stone timelines for these things, only the dates the company gives.
Already have my sell orders set to 5 dollars gtc, just here to watch the ride.
Yes, because their conversion is linked to a percentage of common stock and are only worth anything on the market once they're converted.
daily reminder paul isnt even the CEO anymore
If you look at the metadata for the disclosure, it says it was written by "Meg Powell"
https://www.linkedin.com/in/meg-powell-592099209/
New hire! Company is growing!
That's the thing, I don't know, maybe there were some FINRA requests they answered late that delayed the process, or documents they didn't submit initially and needed to, or maybe FINRA is just taking a long time.
The concerning thing is that it was "expected" to happen, but it didn't, and we don't know if its 100% FINRA or something they did, all we know is that the "expected" thing did not happen.
I have the feeling the name change will be tomorrow.