I do not know everything. I did know that O killed people and stock would properly go down to 10 cents.
I believe as I said before. I think there is 90-95% chance that this goes to zero. However, I believe that there is a small chance that inside players are planning to buy entire shell company for almost nothing. Then --- regardless of whether O is ever brought back --- they may throw $10 million more at the company by buying some drugs from other drug companies. This would establish an immediate pipeline. If the insiders have the right Wall Street contacts, then this could be run up to $20 just based on wishful thinking for the pipeline. I have invested some small amount of money in this company at 10 cents because I think that this scenario may play out. It is a long shot but it would be a huge payout.
I do not admit that O was good for the indication. It may be useful for something else, as clearly people did react to the drug. Good luck to you and all, besides some foolish and nasty chumps such as DJPH for example. Thank you as always.
I could not find even one case where both were given to the same patient.
This doesn't mean it didn't happen. It means the FAERs data are flawed and reporting on them can be misleading. Which brings me to our 30 year veteran of misleading communications the shortest of them all...
Geee UU Pee.
Which brings us to lawyers. How many lawyers here have filed frivolous lawsuits?
How many lawyers here have access to sensitive non-public information?
How many of you have shorted or counseled others to short securities based on non-public info?
How many times has the legal dept at Affy been involved in these kinds of activities?
Its a reflection of the immorality in DC. The people who changed the act of bribery to something called lobbying and made money hard and soft so as to claim they reformed campaign contributions. How could they see the wrong in selling what they don't own. They'll react when short sellers team up with derivatives and high speed computer trading programs bankrupt the pension funds and leave every small INVESTOR's retirement account worthless but of course like the mortgage scandals nothing will come of their investigations. Anyone with half a brain can see the government allowed bank managements, with the help of fraudulent S&P ratings, steal the wealth of nations and this government has done nothing to the culprits but rapes the innocent banking shareholders by fining them. Shareholders or sheep, in the end we'll be sheared.
Imagine where we'd be if our military operated like our politicians. What language would we all be speaking today?
We will see. Seems like such a perfect venue for upside real or imagined. I been picking up a few shares here and there for pump and dump or buy out/merger with a pharma wanting a listing.
We might find out why there always seems to be a bid for between 100,000-200,000 shares at 10cents.
If the 426 (sound familiar) is based on $2 million and the $6 million gets added in will it be 4X the estimate.
Please call Lisa and find out if the $6 million settlement will become part of the distribution.
If so what would that do to the estimate of 4-6 cents a share.
I can't call from work.
You honestly think that advertising on a message board, of a security, that failed miserably due to short corruption and insider fraud will bring anyone in, you are a complete fool and are wasting your time. I wouldn't pay you sh for this post.
From our BOD's proxy:
"We cannot predict with certainty the amount of any liquidating distributions to our
stockholders. However, based on the information currently available to us, we estimate
that the aggregate amount of a liquidating distribution to stockholders will be between
$2.0 million and $2.4 million, or between $0.05 and $0.06 per share (based on
37,490,095 shares outstanding as of June 30, 2014). "
From the Affymax website under the DOCUMENTS tab:
TO: ALL CURRENT RECORD HOLDERS AND BENEFICIAL OWNERS OF THE
COMMON STOCK OF AFFYMAX, INC.
the Court will hold a Settlement Hearing on September 19, 2014
#$%$ is this:
Terms of the Settlement
2.1 Defendants acknowledge that the Action materially assisted the Company m
securing $6.5 million in insurance proceeds to settle the Securities Class Action.
From the thumbs up it appears many missed your attempt at sarcasm here.
No one has ever said Omontys had no adverse events although there are those deceivers who would like you to believe other ESAs are absolutely safe.
The recall was after Fresenius' decision to stop using Omontys which occurred before the official voluntary recall was announced. Something Affy execs never considered news worthy enough to file with the SEC as they did with the ambivalent Feb14 Fresenius letter to evaluate the data gathered up till then that allowed continued use.
I was told the Feb14 letter was inadvertently released. So inadvertently released would mean it wasn't meant to be made public and I don't think the SEC filing was the release she was referring to. There had to have been some other release. I believe that means someone at Affy with access to the communications between Affy execs and Fresenius Execs spilled the beans or worse. Maybe even traded on or shared non-public information. In any case that all falls on management's shoulders.
For many months management left us to believe there was no further communication from Fresenius about the evaluation. We could only assume since Omontys was recalled there would be no reason for Fresenius to complete its evaluation. And if there had been such important news a reasonable investor would find it filed with the SEC as was the Feb14 letter. That was the precedent established with the filing of the Feb14 letter with the SEC was it not.
More to come...
Only thing we will have to contact FDA on this issue and apprise them at the highest level.
There is nothing wrong in approaching along with a detailed letter to Takeda and AFFY management.