Onions and gravy...lol I original founder is doing the 3D printed meat venture. I read they first want to print food for animals such a dog food. it is pure protein. we will soon be have dinner dates with fashion models with printed Angelina Jolie lips and enjoying printed t-bones
I certainly hope the CEO announces our first Liver Birthday party next week!!!! Go ONVO Longs. Hold your shares ...keep Motley and Seeking Alpo away from your shares. If you have a margin account place a high upper sell limit on your shares to prevent them from borrowing them for shorting
NOPE, FDA approval not required for pharma testing. ONVO on the other hand has to significantly validate that the 3D bio-printed liver tissue reacts the same as a real liver. that testing is currently underway and my hope is preliminary results will be released Dec 5th. I also hope Dec 5th the CEO will announce a 3 month old birthday party for out printed liver!!!! That would be remarkable and worth a 3-4 dollar PPS spike!! which would occur in about a micro second after the announcement.
Sentiment: Strong Buy
adding 4-5 million more shares is not even 1/2 of 1% of ONVO total outstanding shares. 6% down today is way oversold/over reaction especially being that the shares most likely will be used to attract and/or keep the best talent that the biotech fields have to offer!
My work postal worker told me USPS is diverting additional trucks to Sunday delivery cities in California and New York, Very BULLISH NEWS for what ever it is worth
Sentiment: Strong Buy
Hi stockgirl, I bought a little bit (couple k) of ONCS at .298 Seems like an ok entry point but I could be wrong. .18 would have been better :-) Thanks for the intro, riding long
This is MF and SA's last chance to beat this puppy down before Dec 5th. We will soon all get real news, real updates, real progress reports from the man himself.
I wish I could see how many shares MF and SA want to pick up on any correction! They are both going at ONVO from all fronts
FDA approval is not required for pharma testing in printed tissue. ONVO just has to be able to validate to the partners like Cell therp and Roche that the liver is processing chemicals they same way a real liver does. ONVO's liver should have been alive now for 2.5 months processing common cold meds. Conference for announcement and any new news is Dec 5th
I plan to acquire additional shares on dips especially if we go to $8. MF is making it easy for me with their shake up articles.
Did you take a ride on WPCS Wednesday? It was fun as always when the coaster is going up hill anyways. I've been looking a tri-haul sailboats out of Mexico. One does not have to pay US sale taxes on a boat purchase there. The ocean is calling me badly. There are 1000's of small deserted islands on the Pacific side where people never step foot. One can sleep on an open summer beach under a blanket of stars with a camp fire. I am nearly ready to "just do it". ever seen sea turtles dig and lay eggs? Amazing sight. breath taking!!!
very safe answer :-) ONVO is going to do a little correcting Friday so I may put some more into it. If it goes to $8 I am all in
IMHO the news was good timing. They give us heads up. Anyway if I were CEO I would not want my PPS to hit 3/4-1 billion on no earnings. This will knock it do to a reasonable level and hopefully keep out specs until some really good news breaks later. Another option is Dec 5th maybe there really is some amazing news to break. In that case the PPS would sore to unprecedented levels and make a buyout not as rewarding for management unless they had another 4-5 million shares in the mix. Adding more shares will help hold down PPS to a manageable level and greatly reward the company in doing so. I myself will load up if PPS drops Friday before going into the Dec 5th conference
There is a whole paragraph in their recent letter: Employee incentives: The Company will discuss the approval by its stockholders at the 2013 annual meeting of stockholders of 5M additional shares for future issuance under its equity incentive plan, bringing the total available to be granted in the coming years to 6M. The company filed an S-8 on August 8 to register these shareholder-approved incentive shares, which will be used to incentivize all Organovo staff in accordance with industry best practices. The company also requests that investors be certain to review its 8-K filing of October 10, 2013, in which it provided detailed, proactive guidance to investors on executive 10b5-1 plans and executive stock ownership guidelines and levels.
one of the directors: (expert in mergers) EDWARD GILDEA | Director
Mr. Gildea contributes expertise in areas of funding, mergers & acquisitions, strategic planning, business development and executive leadership. He has many years of experience as a board member. Mr. Gildea spent 10 years at the Kellogg Company as their vice president of legal where he managed and supervised a legal team responsible for executing mergers, acquisitions and divestitures. He was also an officer for Grolier Incorporated and general counsel for the National Association for Government Employees. Currently, Mr. Gildea is CEO of Converted Organics, Inc. He received his undergraduate degree from The College of the Holy Cross and his law degree from Suffolk University.
In light of this increased stake by Mr Barry...IMHO a buyout is looking more and more like it is just around the corner. I guess WAG $5.50-$7.50 pps buyout/merger