It seems our friedly "C" team bsher has been running amuck....lol....well, well, not surprised....
Okay, so we have the 10K out and many are not very happy, but really, are many surprised...no not at all......I think you folks need to put some things into perspective here.
On Friday, an IPO was issued for a company called ZipCar...that companies stock opened at the $16 to 18 dollar level and if I remember hit at least $26 dollars....but many do not know is that the company has been in business for nearlly 10 yrs and has yet to make a profit.
CBIS is a biotech play...we have said that from the very beginning....many bio-tech are in the red for years until one or more of their drugs are FDA approved, then they usually either shoot to the moon or get bought out by a big pharma company, that is the fact of life.
As for dilution, lol....most occured a while ago in order to progress and get the word out on their therapies. Of which, I think CBIS has done a very good job......I keep hearing fluff, however, not seeing much fluff when they produce written documention and photos to back their claims.......I for one have not seen the SEC step in to halt, which says to me that there is something to the claim. Additionally, many have been making some very big claims that certain partnerships have disolved and the company has lied about cancer therapies.....has anyone come out with a PR to confirm, .....NO......on the other, see above.....
So, what happens next......IMO.......and from my candid discussions with Mark, I think we will hear of a merger in the near future......I have posted some DD prior on who it would be with and why...so for that person who keeps telling us to answer his questions, take some time to look for yourself and quit relying on everyone else to do your DD.
CBIS needs funding.....so we ask ourselves, is there anyone who is willing, and I would say yes......this sector is hot, and CBIS has there foot in the door with their therapies.....Phoenix Tears already works hand in hand with them......the CEO Craig is close to Dr. Bob and Mark (infact, Mark is helping to Market some of their stuff....check out the website) Phoenix Tears is private, but would not be surprised, as said above, these two come together for a single cause. Infact, many have been alluding to that PR for a week now......
This info has been passed around and many of us who are holding a significant number of shares have not sold. However, there are a few here who constantly bsh because they want folks to panic and drop the price and why, so they can buy very cheap before the announcment....if that happens, it will be funny to see these same folks turn around and start pumping.....we have already seen it from a few......
The bottom line is that CBIS as with many other companies in this relm are speculative plays......if they were not, we would be trading much, much higher......we are hedging our bets that Dr. Bob will succeed either through a merger or even a buyout offer.....no matter what some say about him, bad dressing or whatever....the fact of the matter is that the man is recognized as one of the pioneers in this field, he has been asked to testify in many trials and at many forums.....and sits on other boards and even asked to be one of the first to teach how to administer Med MJ for doctors, as first of its kind.
So say or bsh all you want.....the big shareholders here are all holding.
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