Sorrento Therapeutics Inc (SRNE)

[dia76ca]

ANOTHER helpful post from Yahoo!
MikeD44
$SRNE @Deb Not one complaint has been filed in any federal or district court. No summons served upon Sorrento by any soliciting law firm alleging investor fraud based on a report from Hindenburg Research. Sorrento has not filed one 8K report disclosing legal service from any law firms threatening class action lawsuit based of Hindenburg's report. All of threats are advertisements directed at unfortunate shareholders who bought on the May 15th when company announced the discovery of STI-1499 to be a cure for COVID-19 ..same investors then panicked and sold at a lose on the following day after reading the press release by Hindenburg, who concocted a false narrative, calling the statement by Sorrento's leadership on the antibody's 100% inhibition of SARS-COV2.. a lie and an intentional pump & dump. Hindenburg & Viceroy known to be notorious short selling firms promulgated the entire storyline to create an opportunity to initiate a short position with Viceroy ..another short seller. Even the most uninformed casual observer would recognized the intent behind Hindenburg's claim. ABSOLUTELY NO False claims were made by Sorrento's leadership on their discovery. Henry Ji was clear.. the study conducted was "in vitro", (not in a living organism) in the lab & proved to provide 100% inhibition against the SARS-COV2 virus. In all reality it's entirely likely the advertising law firms are no where close to having sufficient support to move forward with litigation.

Nothing but shameless lies that in the end will amount to nothing but disservice to Sorrento's reputation throttling the shareprice lower. Thankfully investors have seen through the lie thrwarting these short selling firms from benefiting on their planned decitful trade.