(Old) James
9 hours ago
$RLFTF conversation
Can anyone comment as to WHY Ram chose this timing to launch the ADR trading units? I expected it to happen at the beginning of a long move up in SP, with multiple news and PR developments - so the ADR starts with a track record of moving up. It may work that way, perhaps only because we hit rock bottom (???) and go up from here. We don't expect big catalyst events in the next 6 - 8 weeks, minimum, so the timing is unclear. My guess: the ADR and Nasdaq trading will already be in place if and when good news begins to roll.
Any other ideas?
~ (Old) James, Y@h00 RLFTF finance conversations
REPLIES:
IlkaS
IlkaS
2 hours ago
You want to be on Nasdaq BEFORE the much better news come, as simple as that, and it takes time to uplist through the various ADR levels, and eventually to Nasdaq.
The stated timing would bring Nasdaq listing just before Advita's ARDS first test results and APR's Sentinox Phase 3 results.
For me it all makes sense and I am impressed at the speed they turn things around : registration for ADRs on the 3rd, Live on the 18th !
Ilka
B II
B II
2 hours ago
I believe unlike a stock reverse split, ADR gives them more flexibility on the ratio, so if in the future we rise, they can change the 150 ratio.
But more importantly, being accessible through ADR, we access to more stock buyers which is fundamental to help the stock price rise.
TheGuyOnTheCouch
TheGuyOnTheCouch
2 hours ago
They expect them to be available H1 2022. A lot of studies currently going, an expanding product line, revenue, access by a wider variety of institutional investors, increased legitimacy... I can think of a few things.
Chris
Chris
4 hours ago
Probably because you don’t snap your finger and make an ADR happen at the most convenient time possible?
Joey
Joey
5 hours ago
I definitely agree with you about having everything already in place for when things get hot next year after approval. I also agree with @wong that it was all part of the plan and we're just moving right along according to how the planned their different earmarks. Besides those two reasons, there are a few more; however, I unfortunately can't really express them to much here because of word limits:
3. This first step of consolidation also helps them to see what losses they need to take as tax writes offs. It's a dream having 2 different exchanges where you can withdraw from one , exchange currency and invest in the other (possibly w/o penalty of a wash rule all the while still getting the tax write off for the losses!)
4. Arbitration! And for those who may be wondering, yes arbitrationary gains are absolutely legal! I do this with my Chilean stock account often. The USD:CLP conversion rate was 700 earlier this year...now it's at CLP 800!! In response, I've cashed out of my Chilean stock accts for my investments in AKOA, LTMAQ, and CCU for the year.
Now let's say that the stock prices for all three of these stocks was the exact same in January as it is right now, and let's say that I have the same number of shares in January as now also. The difference in earnings between me cashing out of the stocks in January versus now is that I made 450k CLP more now because of arbitration, or the inflated USD:CLP exchange rate! Thats a whole weeks stay for us on Easter Island, Chile just because of the timing I chose to cash out the long-term exact same #shares for the exact same stock price!
The Conversion rates between the CHF, USD, and EUR are much better now than they were at the beginning of the year and than they will be in H1 2022 according to some forecasts. This is all just IMHO of course, but it's a viable notion, and one that many investors take advantage of completely!
5. Finally, we come to the point that I personally hate to admit. And it's embarrassing. But... You have to admit that there's probably a little competition going on in both camps minds about making their stock outshine the other one's stock. Therefore, they brought it in sooner rather than later to start ramping things up to get going full blast next year ASAP!
If you are on any other platforms like Discord or Facebook, send me a msg and I can explain a little further. Hope that helps!
Bullish
RebelX
RebelX
5 hours ago
goal of listing the ADRs on the New York technology exchange Nasdaq in the first half of next year.
FC
FC
6 hours ago
@Wong of course Ram and Jack the bean counters are best at setting up these financial vehicles. However without advancement in clinical developments, nobody is going anywhere. How is that AMRI factory in Glasgow doing for you? Have they churn out one vial of RLF-100? How is EU Phase 3 doing? EMA must be loving it. Oh, have you paid for the inhaled project yet? It's about time you know.
Wong
Wong
6 hours ago
It was always the plan. They stated multiple times an ADR program would start at the end of 2021. Maybe people are confused because a promise was kept? Unlike all the garbage we have been fed through JJ.
Bullish
FC
FC
7 hours ago
@Mark which inhaler? Oh, the one you didn't pay
Mark
Mark
7 hours ago
I think we get inhaler news very soon and then we start to climb
H. Scott
H. Scott
8 hours ago
Maybe to just keep us stockholders knowing they are still out here and the company is not dead, although we may be dead on news for the next two months. Looks like a smart move.
matthewk
matthewk
8 hours ago
I was a little confused by it also. Maybe just to create a little buzz. And I'm still a little confused how the price is where it is. Isn't it supposed to follow the RLFTF and RLF.SW tickers times 150.
Dan
Dan
8 hours ago
@Hooter86 he has no ideas, he will just make unhelpful and uncalled for comments against oldjames.
BBB
BBB
8 hours ago
@(Old) James, everything you've just talked about agree totally, also from what I read in the article this is just the starting point, and in end of 2021 and in early 2022 will move to ADR 2 then ADR 3 and Nasdaq along with good news, this is the next game plan so we have options with NRX and beyond them if needed, Aviptadil has a great future with or with out Dr.J/NRX,
I've been here this long what's a little longer ,I was always taught keep diversified and never put all your eggs in one basket/RLFTF PROUD
Nicholas
Nicholas
8 hours ago
Timing is everything right? For higher visibility, a larger pool of investors, and coverage by equity analysts. Good news is on the horizon.
