Vaccex Inc. (fka VCEX)

[Beef Fan]

A couple of things:

If you read the news and share price you will see that the stock was NEVER at 8.00.
When UBAL announced they were doing a merger with Favored the stock shot up to 0.08 per share.
As in all deals, there was a consolidation of shares to effect the merger, and there was a 100:1 reverse split, which means post closing, the stock showed a price of 8 per share.
As well, if you read the board, the only way the pref's get converted to common is if the company achieves the stated financial targets as laid out in the agreement.
The true value, using the valuation released yesterday is 2.76 per share. Everyone is right, hugely undervalued.
As far as being on pinks, UBAL was a pink sheet shell. The company as stated in their press release has audited their financials and submitting SB2 for registration, which should make them a certified bully board company.
I too am in for the long run, but would like to see some results, this is the best piece of news!!