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Can anyone say "Where is smiling Bob?" I hope I am wrong for all those involved - but it looks more and more like a broken record.
Are the purchases being made (even the free product given out) being given out with a contractual obligation ?
Can anyone say Enzyte style scam ?
too funny!! - this is the phantom enforcer of the Lucchese family that now owns a few of the potentially useful domain names. You can't make this up.
No news ?
I thought today was a big day.
Anyone have any thoughts ?
we no chatter ?
Doesn't the court result come out today - but is available for the general public tomorrow.
We need to hear something - who knows what the judges ruling was ?
We have seen the web sites for Prehistin. I believe it was discussed about TV ads.
Maybe the news that will be out next will be the television advertising schedule.
If we have a TV ad in play by Spring Baseball Season - we are gonna be doing great.
Keep the faith
www.prehistin.com
www.buyprehistin.com
www.getprehistin.com
I UNDERSTAND THAT I POSTED IMPROPERLY
THESE SITES ARE UP AND SELLING.
THE PRODUCT WILL BE HERE FOR NEXT ALLERGY SEASON
no - I do not know the figures and will not speculate.
BUT - I do that compared to a year ago they are up greatly :).
Smart Money wil stay put.
My understanding is that this product IS ALREADY being sold quite successfully.
We are an operating - selling company. If we could get this YA gorilla off our backs we could fly.
Go to : www.prehistine.com
www.buyprehistine.com
www.getprehistine.com
Support your company - buy some product
OTC Allergy Drugs with Decongestants May Go Prescription,
but not PreHistin
Many of the over-the-counter allergy medications which compete with PreHistin contain an extra ingredient called pseudoephedrine which acts as a decongestant (hence the “D” after the product name). According to the following article, state and municipal lawmakers are considering requiring a prescription for what are currently OTC allergy medications that contain pseudoephedrine. PreHistin is pseudoephedrine free. PreHistin has been shown in clinical studies to reduce congestion. Note in the graph below from the Mt. Cedar study on 714 subjects how much higher the average congestion was for the placebo group (Arm 1 on top) than the three PreHistin (i.e. active) using groups.
Following is a Wall Street Journal article by RYAN KNUTSON (Oct. 21, 2009 p. A3)
A nationwide resurgence in illegal methamphetamine labs is prompting state and municipal lawmakers to consider copying an Oregon law requiring a prescription for many cold medicines, a restriction opposed by manufacturers.
Oregon in 2005 became the first state to require a doctor's prescription for medications containing pseudoephedrine, which is used in about 40 cold and allergy medicines. Pseudoephedrine also is the primary ingredient for methamphetamine, a highly addictive stimulant.
Oregon's prescription law goes further than the 2005 federal legislation restricting the sale of pseudoephedrine. Federal law limits how much consumers can purchase per month and during each store visit. It requires retailers to track purchases and refuse the sale of more pseudoephedrine than allowed.
Medicines containing pseudoephedrine also have to be kept behind the counter or in a locked cabinet under the federal law. In addition, authorities have access to retailers' logs to see who is buying pseudoephedrine and how much.
Since Oregon's law took effect in 2006, meth-related arrests in the state have dropped 43%; the number of meth labs has fallen to an estimated 17 this year from 587 in 2001, according to state figures. Last month, the Federal Bureau of Investigation said Oregon had some of the nation's largest crime reductions in 2008, with a 10.6% drop in violent crime, compared with a national decline of 2.7%.
Craig Prins, executive director of the Oregon Criminal Justice Commission, said he believes there is a significant relationship between the state law and the fall in crime. While there are many factors involved, he said, "there's nothing that I've seen that has the same correlation."
Oregon's prescription law has triggered interest among legislators and law enforcement elsewhere, especially as the number of meth labs has soared with the spread of the drug. Nationwide, the number of active meth labs jumped to 3,600 in 2008 from 3,000 in 2007, authorities said.
While federal laws limiting pseudoephedrine purchases helped shrink the number of meth labs between 2005 and 2007, meth producers have since found ways to circumvent those laws, such as deploying large groups of people to buy their limit of cold medicines, and then pooling the purchases to make the illegal drug.
The city of Washington, Mo., in June passed an ordinance requiring a prescription for pseudoephedrine and said it was modeled on Oregon's law. In October, the city of Union, Mo., followed suit. "To me, [what Oregon did] is the answer," said Richard Stratman, mayor of Washington, Mo., which became the first municipality in the U.S. to require a prescription for pseudoephedrine. "If you can tie up the pseudoephedrine and make it difficult to obtain, you can get the job maybe not completely done, but you can put a pretty good dent in those labs."
A pharmacist works next to a sign last week warning customers that a prescription will be required to purchase drugs containing pseudoephedrine in Union, Mo.
State lawmakers in Missouri and California earlier this year introduced bills proposing similar laws. Legislators in Oklahoma and Montana are studying Oregon's law.
In August, Democratic Sen. Ron Wyden of Oregon drafted federal legislation calling for a nationwide prescription mandate for pseudoephedrine; he said he planned to introduce it this year. The White House Office of National Drug Control Policy, which establishes policies and priorities for drug-control programs, is examining Oregon's law, though it hasn't taken a position on it.
Oregon's prescription law also has drawn controversy. The Consumer Healthcare Products Association, which lobbies for companies such as Johnson & Johnson and GlaxoSmithKline PLC that make over-the-counter medicines, said Oregon's law created an inconvenience and extra expense by requiring consumers to visit a doctor for a prescription. Pseudoephedrine generates about $500 million in annual sales in the U.S., excluding sales at Wal-Mart Stores Inc., said Andrew Fish, CHPA's general counsel.
The prescription law is "a policy step that puts a great burden not only on consumers but on the health-care system as well," Mr. Fish said.
The CHPA and some lawmakers are instead pushing for an electronic monitoring system, which the CHPA says the dozens of drug companies it represents would pay for. The system tracks people who buy pseudoephedrine and would prevent anyone from going over a monthly limit at the point of sale. Authorities can access the system and are alerted when someone attempts to exceed the purchase limit. Kentucky, Arkansas and Oklahoma already have electronic tracking systems.
Oregon officials acknowledge getting a prescription for some cold medicines is a nuisance. But they note that consumers have alternative products available. Electronic tracking, they add, could encourage meth producers to steal identities to circumvent the system.
"As far as I'm concerned, this law [of requiring a prescription for pseudoephedrine] saves lives, it saves families and it saves a lot of money, both for the government and the property owner, from not having to clean up these things," said Rob Bovett, chair of Oregon Gov. Ted Kulongoski's Meth Task Force, who was the prescription law's principal author.
Write to Ryan Knutson at ryan.knutson@wsj.com
Based on these 2 plans - what would be the difference between a Chapt. 7 liquidation of Cobalis and a chapter 11 reorganization of Cobalis into NEW COBALIS ?
Can't this dog be sold outright for a bump in the stock price? If the board had a willing buyer that would cover the debt - couldn't another player in the Nutracuetical market place or even a true pharma buy Cobalis? A diff. Pharma company could then go back through the phase III trials and get this approved as an OTC medicine. Is Cobalis looking to sell itself and walk away or is the family too attached?
This product should be advertised as an all natural sexual enhancement product. Think about it - if you or your spouse's nose is running and your sneezing do you feel frisky ?
But - with proper maintenance one's potenence will be increased.
Better than Pinnacle Horny Goat weed.
Better than Tylenol.
Better than typical .......
What are they looking for ? proof of sales etc. ?? Projected sales figures ?
Maybe I am just niave in business but this constant defense of what is left of the company is not assisting in getting the debtors paid back. It's like breaking the hand of a butcher that owes you money. Now it will be even harder to get that butcher to pay you back. So the motive is not to get paid back - but to actually liquidize the company? Probaby see better value in the patent being sold outright to soemone else the creditors are in bed with.....
What hurdles do we have left in court? What else do we need Chaz and his people to do to get the creditors back "in line?"
I think Chapter 7 is "off the table for now? Correct ?
But we are still operating in Chapter 11 and need to submit a business plan showing that we are going to be a viable company. Has anyone heard anything about the progress on this plan and when it is due by?
WHO IS CREATING THE BUSINESS MODEL PLAN AND ACCOUNTING DOCUMENTS THAT WILL BE REQUIRED IN THE AUG. COURT REVIEW ? ANY RUMORS ?
THERE IS NO DOUBT THE PRODUCT CAN SELL.
What's the going rate on on of Chas's Kidneys? 150 K :)
I love these things - Not just an investment - but a lot of FUN.
Sort of like watching a race.
My only problem is that I bought too high and have been saddled - averaging down (but I'm still not in the black)
Should see easy 1.40 - 1.50's by launch date.
This has to be a fluke :
Posted on Yahoo :
But it woudl be an inexpense "in" absolute brainstorm. If it is true someone should commend and pay well the advertising genius behind it. What's more american than Baseball / Apple pie / Hotdogs and Allergies :
remember Cold Eze and the Howard Stern's radio air work - :)...... has that the Yes Network (NY) will begin airing 1 x 30 sec. spot per game 2nd inning about Prehistin - to cover East Coast distribution. Similar coverage thru other regional MLB networking to follow. Catcher / Backstop advertising to follow up with add. NE distribution is finishing out letter of intent - with Yes Network - based on the response - if NE response is well MLB which is logical great allergy season period coverage will be "home base" for Prehistin. NICE !!!!
Any reason why Big Blue would be raising there rates to 3rd world countries like in West Africa? Huge GRI just went through. Maybe better things are coming for the global shipping companies - and big blue is ahead of the container movement curve. They may be trying to limit exposure to these locations -or- maybe it is just seasonal as Cocoa season is done.
Either way it can't get much slower. Anyone surviving this down turn in good shape will rule the next 50 years on the water.
Consensus for export off the east coast of USA - probably down about 35 % - 40 % from peak last summer. Can only go up from here
Very nice - Thanks so June 10th is now the verdict ?
Who is waiting in the "wings" with Cornell to attempt to steal this ? MDC ?
Funny didn't Steve have a hand in Cornell's financial dealings with Cobalis? Isn't Steve in bed with MDC ? Didn't MDC stall Cobalis's action by decalring themselves as a potential partner of Cobalis. LOL - "Watch my wife...." didn't Lee majors do that with Farah at one point ?
and what is that Stipulation and Order ? and where can we see it?
Maybe it can be posted ?
Seems to me that it doesn't matter if the product works or not at this point. It is a matter of company survival. This thing stopped being an investment when it was saved from Chapt. 7 and went chapt. 11. It is now a mere roll of the dice - based on the courts ruling. If it works or not may never be an investing concern. This is a pure play gamble - If you're in and the judge decides favorable on June 20th - to extend time and allow sales plans to expand you wil be rewarded in a potentially huge manner. If it is deemed too little too late and Cornell liquifies it by judges decision. We are beat. Either way the SEC should consider locking up all the people involved in this BS.
I am an Exporter from the United States. I utilize Maersk / Zim / ACL Grimaldi / Safmarine / Cosco / MSC / Hanjin / United Arab / Hapag etc.
Each sales staff manager / trade lane operator that I have dealt with see the turn around globally starting in early 2010 - but not before this time. We have seen a huge drop off in goods exporting due to the depreciated currencies in developing nations. As soon as the currencies in some of these countries "sures back up" we will be on teh way back up wards. I see easy $15.00 by end of first quarter 2010.
Steve probably put that up to try to dump some of his shares he was being paid with..... (LOL)
or Chaz put it up so he can sell a few shares - so he can pay for a press release.
Any One Home ? Any news - anything ?
No news isn't always good news... Some body must know something. .
Old fashioned CIRCLE JERK here
WHY HASN'T CHAS I.D.'d his plan to sell the product?
The big concern is of course : that this is a very marketable product (and per testimony - it actually works) but what good is it if it never makes it to market? This company's head needs to be chopped off and reformed or surrenderd to soemone of competence. But for those of us in current shares we can't get gobbled up by a buyer or creditors out of a Chapter 7 filing. You know that a few companies and creditors (vultures) are waiting in the wings to see if they can raid the patents in Chapt. 7.
What can be done ? The same money that can be solicited to buy into our company can be solicited by our creditors / reorg and buy us out of chapt. 7?
Private or Public - Sounds like a Yak move. Learned well
Simple math I would expect.
If Steve was being paid in warrants and in shares - he has lost money like the rest of us.
One good thing - if new money is available to come in and assist in paying off the debt to Cornell - then we are at the bottom.
Too many people screwed from 2.00 on down to 13 cents. We're at the bottom. Who wants to sell at 7 cents for a stock that has a bottom in place Bid 7 cents ask 13.
I can't lose another 50%.
Nothing is going to take place until we see the new money come in and take residence in the form of a good faith offer to the debtors in exchange for shares. Those shares should come out of Chaz's pocket. The same way he was issueing shares as currency at 50% discount to the market price. Makes sense since the bid and ask are approx. 50% apart. One would hope that this deal with the new money could be struck prior to June.
In a chapter 11 filing - aren't the shares last in line to be considered a form of creditor for compensation. Well here's the story as I see it.....
Obviously the web site was set up and backed / run by money that is just entering the picture (from the new creditors or as a further extension from the older creditors i.e. Cornell). If that is the case then by making it appear we can get out of Chapter 11 - they would set it up and have it ready to go * our Prehistine site. I wonder what Steve's relationship is with Cornell. Maybe a conflict of interests ?
So we as share holders wait to see how the Board of directors (i.e. Chas) fares in negotiation with the creditors to keep the site up and run it by June 10th. What is he using for currency ? How will we show the courts we are a viable entity? If we are not a viable entity the company will be put into Chapter 7. What do we have here ? Shares that are considered worthless except for the bouyancy of that which is manipulated by the creditors - and a patent for the product. Either the creditors allow us to launch the sales because they have no interest in owning and producing the patent / product. Then we can clear the court review of our Chapt. 11 handling - or we drop lower and lower and have no product launch because we have no $ to sell it. Then the new creditors of money behind the launch can buy the patent in a Chapt. 7 negotiation.
Right now it seems that the board (Chas) is trying to negotiate with no leverage to keep a large portion of his company.
BUT MEANWHILE FOR THE LAST 3-4 YEARS CLSC (CHAS) HAS BEEN HANDING OUT SHARES TO BUSINESS ASSOCIATES AND CREDITORS. These shares were untimately sold for anything they could get get for them.
When the stock was trading for 1.20 - 1.30 CHAS was issuing shares as currency for a price of 50 cents.
I'm sure it was the same story for the other financial needs (ones we know of and don't know about).
Someone should fire up the torches and sharpen teh pitch forks and go Chas hunting (LOL). This is starting to look more and more like it was a sophisticated boiler room / pump and dump - with props sent out in the form of blister seal packets of cough drops.
I really hope this thing fizzle out soon or a deal is cut.
like a song I know " Oh you have a red dot on your head too ! "
2 people in my house right now
Here is the walk down of the stock price for negotiations in the board room. Who will ultimately own the company.
1) ON JUNE 10TH IS IT POSSIBLE THAT THE COURT WILL MAKE A DECISION WHICH COULD NULIFY THE OUTSTANDING SHARES?
2) IS IT AN OPTION OF TEH COMPANY COBALIS TO REISSUE SHARES TO NEW FINANCIAL BACKERS AND DISREGARD ANY (MORAL) OBLIGATION TO THOSE THAT NOW OWN SHARES. IN A CHAPTER 11 CASE DOES ONE RISK THAT THE VALUE COULD BE DECLARED 0.0 BASED ON NEW SHARES BEING RE-ISSUED THAT WOULD REPLACE THE OLD ONES AS IT COMES OUT OF CHAPTER 11?
What kind of debt do we hold ? Will the shares being traded on the PK sheets be honored ? Do you have any way to know these answers at this time?
Will the shares out right now - be negated by a new issuance?
Please advise.
Mr. God,
If we / Cobalis are not operating out of Chapter 7 - where are we financially?
How can any new money come to this horse if by all itents and purposes it looks like we are already broke?
Give us a reflection - show us some fog on the mirror - show us some proof of life?
Where's the last filing ? Financially will we be here at the end of this quarter - back it up with proof.
OR We'll nail ya to the cross.
I like to think of my money as a plant. If you shed light on it (know what it is and what it's doing - it can grow). If you keep it in the dark and do not know what pestilence may be feeding on it in the dark - it can be damaged or die.
The PK sheets are like having your garden in the darkest swamp at night.
But in the Spring for a few weeks * in the day light even that garden in the swamp can be understood - before it gets overgrown and dark - we still may see a good this PK co. have a beautiful bloom.
Nice analogy - for prehistine.
How many posters have been getting information directly from this CHAZ? How many people have gotten mixed messages and watched there investment through the last few years - and have been slowly continuing to support this.
We need more clarity. We need it now. Steve ? Are you the voice of reason to be trusted? What legal responsibility to a company does it's associates have while it is operating under chapter 7 and not listed on a legitamite exchange.
Any thgoughts?
disclose who you are(in regards to your answer)?
How do you know Amerikal is not involved?
Get your torches and pitchforks - someone may be telling $tories.
STEVE,
What exactly is teh nature of your relationsip to Cobalis and the anticipated launch of the product. Are you handling some of the financial aspects of the company? Are handling the web site design. It's been a few years of confusing info coming out of teh runor mill - and from this "Chaz's" statements. Everything is always open to misinterpretation but can you comment on the use of a company called Amerikal which is supposed to do the packaging and hopefully volume production.
http://www.ameri-kal.com/index.php
They are based I believe in Texas.
I spoke to Steve from Empire Fiancial yesterday - he assured me that the web site (Cobalis) will be ready for product sale within the next 2 to 3 weeks. They are finishing the wording of the packaging since it is no longer a pharmecutical. That part and the quality control review of the blister packaging used for encasing needs to be finalized. Many of us have seen the orange boxed Prehistin handed out for trial and sample. (I guess the product they have will be repackaged with the new wording) All the blister seals must be checked for quality assurance then the product can be sent out by order. It was further explained to me that the web site (Cobalis) will be started back up and that will be the first avenue for sales. Then the new Prehsitine web site will open up and sync time wise with magazine and TV advertising. Hopefully, this will all coincide with the next group of investors that Chaz has lined up to cover the costs of the advertising and continued production of the product.
I also heard it through an individual that a phama company outside the USA has $ to back the furthering of the product / process.
What will happen if this web site is not up and running (and selling) by end of first quarter? Was there a statement in the Chapt. 7 filing reagrding a deadline to complete certain steps?
I am concerned about the shares that we now hold - becoming obsolete through a re-issuance. Could that happen?