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Re: cougar24 post# 3390

Saturday, 10/16/2021 11:39:03 PM

Saturday, October 16, 2021 11:39:03 PM

Post# of 4237
Hey Cougar, That is in fact what was put out by Adamis.
Funny thing is that they PR’d they were being Subpoenaed by Southern District court of NY over the US Compounding business…then subsequently sold both the Human and Animal Portions of the business. I don’t know how they can sell a business that is being actively investigated…but they did.

With the quarterly’s being late, they have until End of November to get current, or risk being delisted. But with Zimhi PDUFA date due by November 12th, and Tempol preliminary data read outs any day now…I think they already have a buy out offer on the table, and they don’t care about the financials as they won’t matter if the company is sold. US Compounding was going to be cash flow positive, and now it’s gone too…I think it’s because what ever company that is buying out ADMP didn’t need or want it. So Adamis offloaded it to the highest bidders.

That’s my two cents anyway…take it for what it’s worth.
Either way, we will know something definite by end of ovember.

Best of luck!

In My Own Personal Opinion Of Course!


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