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Re: microcapbiotech post# 2938

Monday, 05/18/2020 3:17:07 PM

Monday, May 18, 2020 3:17:07 PM

Post# of 14953
Nobody touching this. This is a classic pump and dump. Sign of the times - SRNE has a cure - Wait…No, just another pump and dump J Capital Short Report from 2018 – also can’t forget the fake buyout in 1Q20 – also don’t forget in the past two months they filed a $250mm ATM with Alliance Global Partnergs (AGP) and $250mm purchase agreement with Anarki Ltd (BVI). And if that isn’t enough, “During the quarter ended March 31, 2020, the Company issued and sold an aggregate of 28,721,972 shares of the Company’s common stock to Aspire Capital for aggregate net proceeds to the Company of approximately $62.6 million. Subsequent to March 31, 2020, the Company issued and sold an aggregate of 5,103,038 shares of its common stock to Aspire Capital under the Aspire Purchase Agreement for aggregate net proceeds of approximately $12.4 million. On April 24, 2020, the Aspire Purchase Agreement terminated effective immediately in accordance with its terms as the Company issued and sold, as of such date, the full $75.0 million of shares available for issuance thereunder.” Still traded over 500mm shares and is a ~$1.5B mkt cap company. Where is the SEC?