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IntelliCell BioSciences, Inc. Message Board

benandemmiboo 25 posts  |  Last Activity: Aug 22, 2014 3:54 AM Member since: Apr 2, 2013
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  • benandemmiboo by benandemmiboo Jun 12, 2014 9:57 AM Flag

    tomorrow is the day that CRMB votes on the conversion of the Fischer loan to shares (at 67 cents per share), correct?

  • Reply to

    More insider buying.........

    by grandslammer222 Jun 11, 2014 2:20 PM
    benandemmiboo benandemmiboo Jun 12, 2014 9:52 AM Flag

    If you buy via the US, always know the BID/ASK price on the TSX, then do the calculation (.91 times price) before putting in an order.

  • Reply to

    More insider buying.........

    by grandslammer222 Jun 11, 2014 2:20 PM
    benandemmiboo benandemmiboo Jun 12, 2014 7:05 AM Flag

    Michael Hoffmann is/was the mining engineer who designed the mine for the PEA. It was criticized by Rick Rule, etc, when the design was originally made public in May 2013, and perhaps an upcoming press release (of which Belo SUn offers few) will mention he has left the company. If he didn't, then maybe he thinks the GDXJ reindexing event (on June 13, when companies under 75 million market cap are supposedly removed by Van Eck from its fund) was possibly going to hurt the stock a little more. Or maybe something else...

    From what I read, all the news related to Belo Sun and Belo Monte has been good lately, with Belo Monte now making major advancements in its building of the dam (and it's completed almost 50 percent of its civil works).
    At the end of May, Belo SUn completed the building of its training school for locals (it made favorable news in the Brazil papers, not here), and official classes start in June sometime. So Belo Sun is nearly complete its civil works too -- which was a pre-condition for its final permits, btw.

    When its definitive feasability gets released, it's likely the mineable resources will be double that which was in the PEA, so there's potential for much higher IRR and proft margins... I will likely be holding a large portion until it gets acquired

  • benandemmiboo benandemmiboo Jun 5, 2014 2:46 PM Flag

    Cohenjoe, am curious what made you conclude that 23 cents marked the bottom yesterday. I called bottoms multiple times before, none of which actually were the bottom. So far, it's done okay since dropping to 23 cents the other day.
    Asking because there have been multiple articles that they will be out of funds by end of June -- which suggests that a sale of the company, or a financing, are absolutely essential short-term necessities for this stock.

  • benandemmiboo benandemmiboo May 31, 2014 10:50 PM Flag

    Dam is 50 percent complete. Searches by "belo monte blog" and "orm para newspaper" should keep you updated on the local politics, if interested.

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