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).
Don't worry about continued stock manipulation though. The SEC has fined another individual trader for manually entering spoofed orders. The leaks on SEC filings will be the next important fraud they will crack down on in 2025.
With so much of the wealth of China concentrated in Hong Kong I doubt there will be a shortage of patients who would like to save their lives. You must also consider that the wealthy sick people from the mainland and the surrounding nations will travel to save their lives or get a better drug like Beleodaq from Hong Kong once it is available. Mayo Clinic just proved that it is one of two that actually work.
I have posted this several times before. This is covered in the trade agreement with Hong Kong. I repeatedly posted about how CASI wasted almost a year trying to get set up to use the SPPI drugs they licensed even though the drug wholesaler had the SPPI product on the shelf in Hong Kong. CASI is as poorly managed as SPPI.
Joe: The Greatest Drugs That Raj Ever Had A Hand In Inventing Are The Estrogenic pheromones that Raj injects into you each morning. They Keep You Pumping All Day Long For Your Lover Raj. No! Do Not Confuse Them With Your Usual Morning Oral Injection from Raj.
Hopefully A Bidding War Will Develop And Shareholders Will Not Get Hosed Like When Raj Sold ASTX For Next To Nothing. Good Riddance To An Arrogant, Short Loving, Alzheimer's Patient.
NO YOU IDIOT! Under U.S. Banking Laws You Gave 4 Million Euros To The Banks (Who Now Are The Owners Of The Money) In Exchange For A Promissory Note. You And Your Family Own Nothing But A Piece Of Paper Which Will Be Worth Nothing In The Upcoming Financial Crisis. FOOL
Come To Chicago Which Has Lot's Of Hot, Warm Boys On The Streets. I Will Help You Find Lots Of Better "CLASS" Play Toys (Cramer Approved), That You Can Spend Your 60 Million Dollars Of "Stolen" Shareholders Money On. I Send Nothing But Love To You And Your Toy Boy Joe.
I think 190,000,000 so he can give himself and the criminal cabal in control of the company a bonus. Dilution is his power play.
It is not a " drug" until it is approved. I think he will lose his job before it is approved. I'm thinking about 19 days.
He cannot count on support from the FDA for a rushed approval, and may face a delay in approval as a result of influence over FDA from major drug companies that hate him. Armistice and short partners in the power play, will pay everyone possible to delay any good news. Goodby to the arrogant loser Raj! I hope that his senility increases so fast that he can never enjoy the money he stole from shareholders. Raj, go back to bed with toy boy Joe.
You Call $6.91 Wonders? What Kind Of Short Are You? What Happens To Your Posting Payments When Armistice Gets Busted For Market Manipulation? Which Member Of The Short Cabal Will Turn On The Others?
Raj would never sell SPPI For $12.00! He would do another Astex shareholder abusive deal for $7.50 after he negotiated a 10 year employment and bonus package of 50 million for himself. A contract where the buyer is just paying him to stay home.