Replies to post #1111 on Algernon Pharmaceuticals Inc (AGNPF)

[shell3]

PITTCON 2017 - 8 Trading Days left

SUCCESSFUL COMPLETION OF THE 2ND PRIVATE PLACEMENT

The Company did not pay finders' fees in respect of the financing. The Shares, and any Shares issued on the exercise of the Warrants, are subject to a restricted resale period under Canadian securities law and cannot be traded before March 26, 2017

The only shares this cheap are Kal's and those dumped to $0.070 BTHCF are wanted back before PITTCON 2017 - March 5th - 9th

2ND Private Placement haven't even started Trading yet, nor will they be after PITTCON, they'll be a 20 Day wait after PITTCON to go to get to March 26, 2017

Hold for them, now - most of that 2nd Private Placement hold the 1st Placement @ .25 BTH and they have .40 BTH Warrants that haven't Exercised yet

Subsequent to the period ended August 31, 2015, on October 14, 2015 the Company issued 7,101,400 Class A common shares pursuant to a brokered private placement at a price of $0.25 per common shares for a total proceeds of 1,775,350. Each unit comes with a half warrant at a exercise price of $0.40

Look at the chart for the Feb 15 2016 - That's when the 4 month 1 Day hold fell off on those 1st Private Placement and the Warrants haven't even Exercised yet - Warrants Expire Oct 2017 - One Month before Na-Nose Completed Trials - They'll Exercise Them

Here's where the drop came from

On January 22, 2015, the Company issued 5,000,000 common shares at a price of US $0.005 per common share for total proceeds of US $25,000 (CAD $30,928)

And some more cheap shares

On May 1, 2015, the Company issued 5,000,000 common shares at a price of US $0.025 per common share for total proceeds of US $125,000 (CAD $152,400)

And even some more cheap shares

Subsequent to the period ended August 31, 2015, on September 23, 2015, the Company issued 2,575,898 Class A common shares pursuant to a plan of arrangement at a deemed price of $0.016 per share for total proceeds of $42,000

Those are the source of this fall anyway - JMO

And again I believe these's are already in the Market and He wants them back

PITTCON COMING 8 DAYS

Could also be these but really don't think so and once they where free to trade which was September 5 2016

Look at the Chart but it might just be those last cheap quoted ones and cheap enough to have made money at a fall to $0.07 BTHCF

Here's that group that don't have any cash in - Those that had their Hold fall off September 5 2016 - Look at the chart

On May 4, 2016, the Company issued 1,000,000 common shares at a price of $0.48 per common share to Technion – Israel Institute of Technology (“Technion”) with respect to a non-exclusive license to the NA-Nose technology patents and know-how to enable commercial advancements in the field of infections detection

But did they go and settle in Big Brother for awhile - Compare the Charts - Those could have Flip for a 2 for 1 Big Brother than back into 5 for 1 BTH/CF and now it's about a 3 for 1

8 Trade Days to PITTCON

Yep - You know who had the cheap shares to sell - Kal - He wants them back and the only other shares Trading are the 1st Placement - They haven't Exercised those .40 BTH Warrants yet but those .25 BTH initial Units will drive this higher for PITTCON - 1st gathering Kals back and those 1st PP that sold - then PITTCON with .25 1st Units pushing us higher and those .075 Units and .15 Warrants (some 29M combined with the 2nd Private Placement coming free to trade March 26th)

These's at .22 BTHCF are a Buy cause Kal and gang wants them back too and that push will last till their Hold of March 26 2017 Hold of the real Cheapies of .075/.15 BTH - JMO - Watch yourself - Don't get caught March 26th - Buy them now when they are too - Watch yourself - Don't get caught March 26th - Buy them now and watch March 26th - JMO