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I disagree. I caught them Insider trading. So they can obviously sell.
$CUBT interesting, so the letter about R/S was written on november 8th and on this date there was 5M shares dumped into the float. Other shareholders got the letter 3 weeks later ! Isn't this called insider trading ? pic.twitter.com/cU5cu0rie0
— lizardlover (@MedivhGold) November 3, 2021
this will become a good risk/reward play when it comes down to 3 cents.
at 40mil. market cap right now and pending RS and no progress in sight until Q1/Q2 next year (if that) because they have their hands tied because of ''corona'' this is still overvalued.
Remember, all they have now is just a bunch of licenses. Let me see the progress, we have been stuck for a looong time.
you bet they are.
I doubt it, it happend on the day the letter was written, that isn't suspicious to you at all ?
also, 1.6M more added to float very recently, more insider selling ?
I think I just caught them insider trading
$CUBT interesting, so the letter about R/S was written on november 8th and on this date there was 5M shares dumped into the float. Other shareholders got the letter 3 weeks later ! Isn't this called insider trading ? pic.twitter.com/cU5cu0rie0
— lizardlover (@MedivhGold) November 3, 2021
1. Reverse split on the table
2. OTCs in a bad bear market right now (money leaving to cryptoland and BBs)
3. Complaints about supply chain issues from CEO and that they pretty much can't do anything but sit on their hands because of ''corona'' (this could mean no catalyst for many many more months)
4. Tax harvesting season coming up
Gun to your head and ask yourself what is the more likely scenario to occur here ? This mooning before year end or the downward continuation to 3-5 cent area ?
I really admire the balls on investors that continue holding this one and averaging down, after all sometimes things do moves that don't make sense so there might be a reward for that but with the above facts factored in? The odds for winning this bet are very low at best.
Bulls hate me but they know I am right
either way I am going to continue being skeptical about this company until they show us some real progress with their drug portfolio
I disagree, the IND filing is old news and everyone expects it. If everyone knows it is happening who is left to buy it ? Those news have been talked about for a long time... I think that it is more of a sell then news event.
This needs surprise news for a big SP increase IMO.
So no news to counteract the really bad news ? This is going to get very ugly
right shareholders not selling, thats why we have seen a big drop in the share price last week with a big volume.
keep living in that denial like I was for almost a year here
You are out of your mind, the RS on the table changes EVERYTHING.
They are saying ''look we are not confident enough that we will be able to run this up organically and therefore the RS will have to take place''
only shareholders know. Public wouldn't know if the doc wasn't leaked and shared around.
On top of that they will most likely not file a public filing about this so the potential investors wouldn't know about this. Why ? Because they know its BAD.
Shady
Let me remind you they are just ADVISORS.
here is the definition:
An advisory board is a body that provides non-binding strategic advice to the management of a corporation, organization, or foundation.
Unlike the board of directors, the advisory board does not have authority to vote on corporate matters or bear legal fiduciary responsibilities.
That being said I dont't think this is outright scam company.
But to think that a bunch of successful people that got paid to just pick a phone sometimes and give them their ''thoughts'' on things make this any more legit is just naive.
they were supposed to do a public filing. I tell you why they didn't do it.
They knew it is BAD news and they didn't want it out there so everybody can see.
People reading these posts please go do your research on how bad the situation with the pending R/S actually is, how these things affect companies on the OTCs etc., don't trust anybody, in fact don't even trust me, one thing I learned in trading/investing is that nobody is your friend and everybody is out there for their own gain.
Now people here trying to spin this like this is a non issue and actually a good thing needed for uplist/big partnerships/buyouts are the same people that will be on the ask dumping on YOU.
Go research what recently happend with Mr. Delarge and how he was dumping on people while screaming that he continues holding/adding.
Why the company didn't put out a filing for everybody to see at the same time and so there is not a confusion as to whether the document is real or fake on friday ?
Why did some people got the advantage by knowing this before YOU and got the chance to dump in the 10 cent range ?
And there are many other issues with CUBT that I already touched on
That is the worst advice I have ever read, he is literally PAID to comfort you and pump the ticker up.
Don't be naive and make your own conclusion about what just happened and don't let them promise you the world while they fuk you from the back
It wasn't just because of the list but yes and I took a big hit. My avg. was way up there I could not afford to risk more downside.
There were other red flags for me not just the RS and more dilution... The ceo keeps talking about chain supply issues yet other companies are able to start new trials but CUBT for some reason can't even file for IND because of chain supply ? I started to realize how blinded I was from the LOVE I once had for this ticker and impressive resumes that I saw and whatnot.
Is it really the chain supply issue or are they having issues with the formulations of the drugs ? I am starting to think it is the latter.
I don't think they are a straight up scam like many other OTCs but something is off...
I started sobering up and realized they haven't made ANY real progress since they took over the shell besides adding more people to board and gifting them shares... These people aren't even working for them they are all just advisors not employees.
Then the fact that they don't really have anything besides bunch of licenses. Are they really that valuable to justify over 50mil. market cap with no real progress ?
Then they have the audacity to ''hold shareholder meeting'' while not allowing anybody to vote but themselves and fearmonger with R/S and MORE sharegifting like they don't have enough.
I feel like shit that I recommended this ticker to my close family and had to bring the bad news.
RS is never positive any way you want to spin it.
The 2 year window is there so they can leverage it and use it to manipulate you into thinking that it ''might'' happen later on if needed and not necessarily anytime soon
It going through or not doesn't matter, just the fact that it is on the table is a death kiss.
I can see the image idk why you can't
anyways it is interactive brokers
I am hearing that even the aroma of a reverse split is an instant sell
why not put it out there at a time when they actually want to do a RS ?
why do it now and fearmonger ?
they either don't care about shareholders (you and I) or are incompetent if they didnt't realize that this would cause a selloff
or they actually plan to pull of the RS soon
in all of those cases its BAD
nobody got the chance to vote, they own a controlling block so they can approve w/e they want
and only some received the results of the vote, I got it through IBKR
I got it, maybe a broker issue
The worst part is why would they put it out now... when the otc is in a bad place as it is...Even if they are legit they certainly don't care about the shareholders and therefore I am out
just too mamy redflags with this company I can't take it anymore
Its not just a RS its also dilution in the letter...
there is no way they would tell him the real deal anyway... they are just gonna drag him along and probably promise him rainbows and sunshine
Did u talk with Mason ? whats his plan ? he is heavy in here I am wondering....
CEO keeps talking about it whenever he is asked why is it taking so long and on what is the timeline in the interviews he did
how about release the bad news with good news at once ? to counter it...
I tell you why they didn't release the good news... because they have none, no progress since last year. absolutely nothing just giving out shares to board members and getting on the vax train
this is going to get very ugly next week when the word gets around during weekend and the big holders will want out
pending reverse split and dilution at the same time ? this ticker is done.
only thing that will save this is if they announce that they found cure for cancer on monday.
And we all know that is not happening. They really played us
Started getting suspicious when they were making excuses about chain supply issues, taking way too long... How come other biotechs can do do their trials but CUBT can't get ''stuff''... sure
and the fact they they did this in time when OTC is shitting its pants ? WHY ? WHY would they do it ? they picked absolutely the worst time for this are they retarded ?
I am so much down that I don't even care about saving it at this point, so I will either ride it to zero or some miracle happens
I will consider buying some 2s if we go there tho but I will be flipping those
''best stock in the OTC'' I keep hearing that about every ticker on the OTC
And I have enough bagged shares from long time ago so I am good buddy u can keep yours
this will see 2s before 5s again imo
huge ERs + twitter pump and the stock still can't hold gains despite big volume... relentless dilution still ongoing
next catalyst is merger and we will continue bleeding until then
yup the same fluff talk we have been hearing for the past year
so the 25M offering is only viable if they get approved for the uplist as far as I understand. Why is there no price for these shares ? Someone can just bid whatever they feel like or how does that work ?
I said LIFT OFF not TAKE OFF so get your facts str8 m8 ait ?
yup someone is loading before a liftoff