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Guess I'll have wait till tomorrow to stop drinking.
It's trading the way it is because there is no more momentum play left. All the catalyst events have happened. If you invest today, it's all or nothing. There is no day after if they don't get approval. The company has been really quiet and approval is not a guarantee. In 1 week it will either be worth something or nothing. Tic toc. Fingers crossed.
They may be able to request expedited review but Mayo may have restrictions on certain trials with human subjects. Cancer may not allow expedited but maybe. Don't know how much quicker it would be either.
Institutional review boards are convened at regular intervals. I have no idea how often at Mayo. I do know that no one involved will have ever heard of this company. If they had, they couldn't participate in its review. It's made up of individuals from within the research facility as well as out side advisors. Each gets to review and approve or offer changes. That doesn't happen overnight. That's not bad news (unless you really thought it would take a day) it's what every clinical trial applicant goes through. Patience patience patience.
Well, glad I took my own advice and checked out for 11 days. Seems I only missed hair pulling. Wish they had held article till next wed/thur into what I expect to be heavy traffic.
Also irb could take a little time (it's hosp bureaucracy). It is another validation of efficacy though. I should say "when it's signed off on". It's a symbolic vote of confidence. Especially for an outfit as small as this.
💯 the saddle is already on the unicorn. That should slap it on the ass. I would rather it come out after holiday though. Closer to investor anxiety of running out of time. That will organically generates buying. Then the article.
Great News! It was submitted. Bad news it was managed "not great". Not a psychic but I did say buy the rumor sell the news. Now the timing will hurt because nobody on the planet believes they get approval before holiday which puts it at, let's say 14 to 28 days. No reason to buy for over a week. After holiday Company needs to ramp anticipation. Be sad but don't worry, open a spreed sheet put a number in it and pretend that's your account. Money is there, just not there yet. Oh and don't watch this board for the next 9 days. You'll live longer.
The assumption being that they will file other treatments going forward. In fact, if they can get money in bank they should immediately start doing so. Good Luke to all. We may remember this week after all.
Have no reason to doubt but I didn't get one either. But glad someone got it.
Buy the rumor, sell the news. Poorly managed week. Flat since Monday and that's a shame. Should have been huge. However no one here will remember this week in a year, and that includes me.
"Deep F%%^ Value". Not my quote.
Good luck to all.
Board of Directors won't get rid of Mk because he's 50% of the board. Other 50% is his buddy Cadwell. Not really a legit board is it. Nobody wants an 80 year old running their start up, cant match pace of whats required and this guys pet project is literally a pet project.
If the CEO dropped dead tomorrow with a needle sticking out of his arm, I am thoroughly convinced that half the people on this board would say " well, he never actually said he wouldn't die, so this is great news! Opportunity for new blood! Lights coming on, swing and a miss, to the moon. Last chance to get those .05s!" Wow.
If true, this is a company that had a scheduled monthly update, that didn't even have the sense to post. "Beginning next month we will be moving to a quarterly schedule." They just didn't do anything.
That's how the investors are getting their initial investment back on their $640k. Pleased they secured funds for rest of year. Not as much as I would have liked, but gift horse and all.
I would have taken. "Source of funding secured through submission" as a really good event. That's all I would add to your criticism. Company is shoe string, which is why everything takes much longer. If they had $15 mil. In the bank, this would be humming.
This investment cost 1 nickle and 2 penny's per share. That should tell you how risky the investment is.
Good pull. You are probably right. FDA will utilize current or updated guidance in evaluating tech. Problem is, they can do this all day. Thats why its Important not to give them a reason to.
Posted several weeks ago Pfizers purchase of Seagan for $47 billion at (If I recall correctly) $128 a share which was a 40% premium over stock price. Some admin said it was off topic and deleted it. That valuation is enormous and not apples to apples. Seagan has other products and the ability to create more. They also have an injectable cancer treatment. It does however show large pharmaceuticals ability and willingness to throw $$$$$ money at cancer treatments for the next 24 to 36 months. Did extensive background on Vivos, employees, board and prior company associations. Only thing I could find that was of concern to me is age of CEO and lack of Financing. I was willing to roll the dice on those two items. Let's See.
Agreed, but I'll bet there are people on here which claim to own more. This is a penny stock, don't wish to offend , Simple want discussions to focus on company and industry. Running background checks on all named individuals associated with Vivos Inc. I will say. So far so good. With the exception of one, but completely unrelated so not a concern for me.
Anyone here have a number on insider holding? Not asking you to do my work. I have 3%. Seems low. Anyone got a different % don't care how old.