seriously. A mention of the fact they are developing the ability to detect - in moments - would bring MASSIVE exposure to this company. First though, they need to get to work and develop the ability to to do so. Can't imagine they are that far off...
I certainly care what Sena Hill advises and what the "agreement" is, as to who it benefits the most. And, the shareholder is NOT on the top of the list. Groups like Sena Hill - as seen the last 2 trading days - are not always good for the shareholders. They look at a flailing company like SCIE, see blood in the water and a quick buck.
Mike is beyond desperate and this is more-than-likely his last shot at "squeezing" a few more bucks from this now shell. I hope I am wrong and wish I still maintained your blindly positive attitude. I have been in this one way too long though, and have seen nothing under the "leadership" of MO that has given us MORE share value. Certainly that will not happen under the guidance from Sena Hill either. Good luck.
Neil founded the pioneering institutional trading technology system that paved the way under his stewardship as the leading system for the trading industry globally for over 20 years.
Founding employee of REDI (now known as REDI Technologies), partner at Spear, Leeds & Kellogg – sold to Goldman. Managing Director at Goldman, Sachs – one of the leaders in creating electronic trading. Some of his private investments in the Fintech space include PICO, Quantitative Trading, and DataMinr….More
Justin brings the unique background of unparalleled experience in both Executive Management and Investment Banking to the Capital Markets, Financial Services, FinTech and Software sectors.
Founder, CEO and Chairman of The Receivables Exchange, voted e-Commerce Company of the Year 2011 by the Wall Street Journal (current investors include NYSE and Bain Capital) and senior executive at Lava Trading which was sold to Citigroup. Justin was a Managing Director at Citigroup in its Global Electronic Trading division, and former investment banker/advisor to many of the leading global Fintech players and investors in the sector, with more than $100 billion of M&A executed in the space. ….More
Kyle was the co-founder and President of EdgeTrade in 1996, a technology broker-dealer specializing in progressive, high performance trading systems. He is widely recognized as a pioneer in the electronic trading space. EdgeTrade was successfully sold to Knight Capital in 2008, where he continued to steward the institutional business to a $60 million plus revenue subsidiary. He has been a guest on CNBC, CNNfn, and featured in countless industry publications as an authority on market and trading infrastructure across asset classes.
Chief Financial Officer
Gregg has had a varied career that includes 9 years as a CPA/public accountant in the financial services industry, and executive C-Level roles within on
SenaHill. I mis-spelled in all of my excitement, from the money I am finally going to make in this stock, now that SenaHill is on board...
"honey it is going to be okay - our hundreds and hundreds of thousands of shares are going to be worth millions. SnenaHill is in the game now..." - misguided "investor"
I looked at the link of SenaHill. They have been around since 2013. My worry here is -groups like this - are going to eat this thing up spit it out for their money and we will be screwed. We have NO idea what the terms on this deal really are. Can't imagine they are that great. Time will tell. Keeping my fingers crossed but I have no confidence left and SenaHill is in it for SenaHill. This could be the beginning of a very near term end.
one would think - knowing this PR was going to happen - that the share price would have gone up last week, not down to it lowest price ever. Lets see if this PR gives this awful situation any improvement...
SAN DIEGO, CA--(Marketwired - Oct 6, 2014) - SpectraScience, Inc. (OTCQB: SCIE), a medical device company utilizing light technologies to detect and diagnose cancers, announces that it has engaged SenaHill Advisors, LLC ("SenaHill") as its advisor in connection with a proposed equity financing of up to $40 million and review of strategic alternatives. SenaHill offers brokerage services through its affiliate, Parker Rose LLC. The financing will be made on a best efforts fully marketed private placement basis with the final terms and timeline to be determined in the context of the market and announced at a later date.
"SpectraScience is building on significant momentum with our recent Saudi FDA approval and CE mark in Europe. With the completion of our multi-site clinical evaluation later this year, we will be well positioned to accelerate our commercial activities and begin to drive share in key European markets," said Michael Oliver, President and CEO.
"We are extremely pleased to be taking a strategic investment banking role with this innovative company, which is working hard to reduce costs associated with colorectal cancer diagnosis with the potential to save insurers more than $1 billion annually," said Corey Davis, Managing Director at SenaHill. "We look forward to working with the experienced leadership team from SpectraScience on this very important transaction."
Proceeds from the offering will be used for corporate working capital and to fund potential acquisitions. SpectraScience cautions, however, that there can be no assurance that its proposed capital raise will result in any transaction, or of the terms or timing of any such transaction.
I tried to stay away from any "negative" thinking for the last many months on this one- mostly based on conversations with M.O. However, I now realize - unfortunately too late - he was full of $hit, like the PennyStock people who post here now. My sentiments are in-line with yours. Selling the co. at this point would make everyone BUT us small shareholders a few bucks. New management is a must at this point. This guy has taken the co. which is now at its most marketable position and reduced the share price to pretty much nothing. It is unfortunate and sickening to those of us that have held for a very very very long time now. I hope this can turn UP - but aside from a complete house cleaning it does not look good.
impressive first trade - right out of the chute, a few hours into the trading day.
I would love to call MO again so he could sell me yet again. But I think I am truly done with this snake oil salesman. I'd refer to him as a used car salesman, but that would be insulting to any used car people out there...