Great Article, Thanks For The Link. It is like a classic tale of biotech manipulation with unfortunately an unhappy ending.
I guess you do not read and comprehend English very well. I thought I posted on the observable pattern of trading and market manipulation.
Are we doing a real estate transaction? Just tell the board why YOU show up on the SPPI board and post your assigned script from time to time under the "stocks.toshort" moniker and other Id's. I show up here to help me further understand criminal market manipulation and how you and others aid in that crime.
A truly low cost way to make money day after day, year after year. All you have to do is hire a third world spammer and give him 20 email addresses and a primary name of (LETS SAY) Joe Solomon AKA "Armistice". You create all those posters and provide them various positive or negative scripts and then you have a "MOST SHORTED STOCK", TOP TEN SYMBOL YOU CONTROL.
You use HFT to manipulate the price up and down over a small range all the while "SCALPING" steady profits with up and down trading ranges on a daily basis. You all have seen this pattern. With an inside connection to SPPI management you have no fear of surprise announcements and can also play a longer term short from the top of your manipulation range. Working with large share holdings, you will over time make a lot more money without drawing the attention of other players. A PROMISING STOCK WITH MOST OF THE SHAREHOLDERS UNDER WATER ALMOST GUARANTEES LOW VOLATILITY AND AN OPEN VENUE FOR MANIPULATION. The perfect plan for Spectrum.
If you look at the order flow in real time you see what looks like spoofing and front running of the order flow. One needs to find out which major financial institutions dark pool they run their manipulation through and then you will know which retail brokerage firms are selling them the right to steal from their customers. The good news is that the big financial institutions are now admitting to SEC violations and paying very large fines. Their admissions will pave the way for massive lawsuits against brokerage firms on behalf of account holders. If you own shares of those institutions you should sell them because the revelations, and data proving SEC violations provided by Eric Scot Hunsader are going to change the stock market in a big way over time. The big bank criminals will hand over the brokerage firms executives who had knowledge of the arrangement as part of their deals with SEC.
Some Day Technology Will Advance To The Point Where It Will Be Possible To Assign A Unique Numerical ID Number to Each Share, And Keep Track Of Them In Real Time. Hmm! Then Brokerage Firms Couldn't "LOAN" (For A Fee) Something That Doesn't Exist. I wonder Why No One Is Working On That?
Wake Up SEC! It Is Time To Go To A Luxury Resort And Talk About The Possibility Of Naked Short Lending For A Couple Of Weeks!
Both Leaders Are ADHD, Excited Talkers, NOT Doers. The Great Potential Of SPPI Is Crippled By The Partnership With The NON DRUG Company CASI, Twenty Years, One Half A Billion Dollars In Losses, NO DRUG ON MARKET. It Took Them ONE YEAR To Get Beleodaq Started In The Most Liberal Country For Use Of Imported Approved Drugs In The World, Hong Kong. Time To Resign Raj!!!!!!!!!
The Same Old RAJ! He Needs To Go Back To Greece With His Toy Boys, Dark Hole Researchers.
Is It E 2,103,265.00? Hmmmmm! The magic is in the 6.666 multiplier isn't it.
Don't forget those receivables were for June 30,2015. There is also the recurring revenues of E 1.218,713 not all of it from Beleodaq, So the question is what is the number that one multiplies times 6.6666 to get the total Beleodaq sales number?
Where are you getting the numbers you are posting? Post the page number of the financial report.
10.1. SALES In #$%$ 30/06/2015 - 30/06/2014
Recurrent sales from licensing agreements 1 218 713 vs 268 403
You have trade receivables at the end of June, 2015 0f E884,852 almost all of it from Beleodaq.
Armistice is not PUMPING, Their motivation is to manipulate the stock in a narrow range and increase their holdings while earning. I also expect them to be "loaning" shares to the shorts enabling them to earn even more money while the shorts help them keep the share price down using their own resources and money, not Armistice's.
Recurring revenues increased significantly compared to 2014 as a result of the U.S. commercialization of Beleodaq® by partner Spectrum Pharmaceuticals and Sitavig® by Innocutis/Cipher in 3Q 2014.
In the absence of any contractual milestone during the period, non-recurring revenues are limited to the revenue recognition of upfront payments received in previous years as per IAS 18 (as a reminder, a $10m milestone relating to FDA approval for filing of Beleodaq® had been received from Spectrum Pharmaceuticals in 1H 2014 and was booked as revenues in the pro forma accounts).