maybe it is because they are out of money.they said they only have enough for two months.hopefully they get an investor or merge or some other positive arrangement
Why does the share price stay stuck under 1 penny and has been for a very long time, why?
How does any stock have a share price of only a half penny after doing a 1 for 50 reverse stock split?
There were only 26 million shares here after the reverse stock split was done and now there are about
300 million or more shares here now? That would be equal to about 15 BBBillion shares here if you multiply the pre-reverse stock split of 50x the current number of shares here now.
What was accomplished by doing that reverse stock split and who benefited from doing it?
Reverses stock splits are supposed to raise the share price by whatever the number is in this case
50 times so you see where the share price is now equal to 0.0001 pre-reverse split, maybe even less than that.
If there was any value here why no buyout from another pharma?
Massive dumping of shares going on here. If not massive dumping of shares then where are all the shares coming from for under 1 penny for several months? Why so many shares for sale at under 2 cents for so many months here?
If the volume here is 1 million shares or 20 million shares in one day the share price does not move at all.
How is the under 1 penny share price justified and the market cap of under 2 million dollars if anything good here now or in the future?
WHY NO BUYOUT NOW FROM ANOTHER PHARMA IF THIS COMPANY HAS ANYTHING OF VALUE?
Tell us, anybody.
i read where elliot maza is the ceo of bzne and ilns.frost bought into bzne so it appears he trusts maza is it possible that frost would make an investment in ilns also.does ilns have anything in the pipeline that would interest frost.what happened to the vira pharma deal? does anyone have any good info on this company and i dont need to hear from bashers or people who are hung in the stock and continue to bad mouth it .I need some good fundamental info if there is any .I have bought some at a penny a share but would buy more if i thought frost would by into it
ADSU was just upgraded to a $2 price target by Everest Stock Market Research, add this one to your watch lists immediately we could see huge gains tomorrow morning. The last alert they put a price target on went up over 3000% same day!
Yeah, maybe tomorrow?
Oh, you posted that a few months ago, thanks for letting us know about the "buyout coming" here.
Almost 300 million shares now but how many millions of more shares will be added to the float 6 months from now? Another 100 million more shares or 200 million more shares a year from now, maybe more? Who knows? That destroys any value connected to each share, do you understand that?
A few weeks ago there was a huge buy order of about 14 million shares in a single trade but who was selling those 14 million shares so cheap for under 1 cent and WHY? Somebody bought 14 million shares in one trade but the share price NEVER moved so again why sell so many shares at under 1 cent?
What they have is mere studies, researches and a few experiments soon to be converted into some sort of medicine that is still on phase 1 awaiting to be approve by the FDA, sir once that happen it will be just to late to load up on cheap shares.