Replies to post #2607 on Eastgate Biotech Corp (fka ETBI)

[jaimerodriques]

WELL!!! You DO! know how to take an old man's breath away! There were several salient remarks that you made, ricky, but #19 was particularly so: Here it is:

''#19. SPOKE DIRECTLY ABOUT THE BIG BLOCKS BEING BOUGHT ! SAID HIS INVESTORS ARE BUYING IN BIG BLOCKS, LIKE 6 MILLION SHARE BLOCKS!''

Now, with regard to the above remark: Here in the good ol' U.S. of A., we have a rather famous saying: It is: ''FOLLOW THE MONEY!''

So, just in case anybody is curious, a 6 million share block at, let's say, .0115, like it was a week ago, when I purchased my little starter position on last Friday the 28th, ''by smacking ''her cute little GREEN ask'', a 6 million share buy @ .0115 would = $69,000!

Now, in that regard, William O'Neal, the famous stock guru, said this in one of his many books:

''There are many reasons why anybody might sell some if not all of their stock in whichever company. BUT THERE IS ONLY ONE REASON WHY ANYBODY BUYS ANY!

Now, I could easily go on with this, but I better curtail it for now. THIS MOST DEFINITELY APPEARS TO BE A BUY & HOLD STOCK FOR THE BIGGER GAINS, IMHO!

GLTA & GO ETBI! TO DA MOON, BABY! Sincerely, Jaime ;-)

[Cubanwinner]

Ask is very thin now!

[RJ Trotts]

Anyone know anything about this $250k of a purchase order from back in May 2016? Just curious if it ever occurred. If there was any follow up? Thanks
________________________________________

May 5, 2016 8:02 AM
Eastgate Biotech Announces That it Has Received a Substantial Order for Glucora, Its Natural Glucose Management Product

West Caldwell, NJ and Toronto, Canada, May 05, 2016 (GLOBE NEWSWIRE) -- West Caldwell, NJ and Toronto, May 2, 2016 (GlobeNewswire/-) EastGate Biotech Corp. (PinkSheets: ETBI), an emerging pharmaceutical company aimed at utilizing drug delivery innovations in the development of improved novel formulations and alternative dosage forms of existing biologically active molecules has announced that it has received a large order for Glucora, its natural glucose management product.

The total order was for 15,000 bottles of 60 tablets/bottle for a total of over $270,000.00 USD. The order was placed by Proactive Supply Chain Solutions Inc. (www.proactivegroup.ca) who also serves as a GMP fulfillment services center of varying industrial and commercial products. Proactive anticipates that it will have revolving purchase orders for Glucora.

“We have been very impressed by this innovative product”, says Sam Mancuso, CEO of Proactive. “We believe that Glucora has the opportunity to become an important player in glocose management market”. “I am most grateful to the EastGate team who provided technical support, training and marketing directions to support our ongoing relationship”.

Glucora is a soft capsule product that provides support for healthy glucose metabolism. Glucora contains natural ingredients in a highly efficient self-nanoemulsifying capsulation. Additional information on the product can be found at www.nano-essentials.com.

“We are pleased that we have received our first material order for Glucora” says Anna Gluskin, EastGate Biotech’s CEO. “We believe that Glucora is a product with mass market appeal and will play a key role in the company’s diabetes franchise”.

[ababoom]

Hope you are in here buddy all the way to the bank!