InvestorsHub Logo

Learjetter

06/21/16 6:58 AM

#32261 RE: dranesthesia1 #32260

Have fun with it, down 60% this year!!!

What's the status of the billion dollar drug? Anyone know? IND? Drug license? For years we hear it's soon, anytime, that's something to laugh about...

They will dump millions of shares, they told us they were going to....next, R/S? Probably. They are out of lies.....

They stole your money, happened to move of us here....

DragonBear

06/22/16 1:04 PM

#32273 RE: dranesthesia1 #32260

Bankruptcy? Bawawawa!!!!! With no costs???

No costs other than the -$69K Q1 for operations, and another $253K for a toxic debt note conversion.

Gee, where in the paltry -$69K operational loss is there a line for R&D? Nope, ya don't run into many Biopharma companies with $0.00 for R&D. Unless it's a Microcrap scam.

if they are a fraud why would they declare bankruptcy? Wouldn't they just dilute and then RS?



Indeed wouldn't they. The DEF14C filing made on 13-Jun to the SEC covers the dilute part. The R/S if it occurs is probably a year away. First the fearless CEO needs to jack up the O/S to match the new A/S of 3.5B, so he and other insiders can dump up to 35M/Q.