there are quite a few times when the market simply does not appreciate a company's developments. It is SOOOO FRUSTRATING.
58nout Member Profile 58nout
Wednesday, October 02, 2013 12:41:35 PM
Post # of 42909
Final payment of 292,500 paid to George Evans on 9/5/13, 1,380,000 shares cancelled and no longer part of treasury
Cellceutix is now 9 employees
99,073,984 shares outstanding held by approx. 1700 investors with 50M being unrestricted
Cash on hand 3.0M
ASPIRE balance 2.4M
Additional 5M needed to cover the next 12 months (Poly not incl)
A total development deficit of a mere 19.8M
The 10K also contains an all inclusive explanation of the current and planned trials, a public statement whereby CTIX is seeking favaorable alliances, a description including status of each and every compound and an excellent roll-forward of the stock issuance and balance.
No shenanigans could I find.
good post sandie. next year at this time, might be an opportunity. not now. Let the HUI go back to like 125 or so. with the pog breaking a grand, it will. don't know if next year is the bottom. stay tuned.
way Way OT, Giz, since we are wasting time here, the answer to my little trivia question was pointed out by Casey Stengel, he of over 60 years in major league baseball. "the jewish kid." Koufax. A freak among freak's of nature. Sandy really was a Dandy. the likes of which, in a century and a half, has never been replicated, as there were some others of immense accomplishment, but only one Koufax. Thank god baseball is based on numbers. I can see his being equaled, in a century from now. maybe Secretariat's records will never be broken, not in a 1000 years, unless Dr. M returns to his origins and monkeys with horse genes. Sandy, well he is more like Haley's comet. The Jewish Kid. Also every mother's dream as a son and a person, also, btw! And his 7th game World Series performance against a power laden Twins lineup, is now on You Tube. He pitched on just 2 days rest, after a season of inhuman work, while a fully rested hall of famer in his prime, don drysdale, sat in the bull pen on the bench. to watch it is to go back in time indeed
life is so strange. The former yankee great's major league uniform number was 23. But, but but but...there always is one, in one year, for one spring training, Don Mattingly had a different number. Only spring training, one time: The year was 1982. the number was 62. Truth really is stranger than fiction. Where can you get such information as Thucydides first paragraph to The War, and Don Mattingly's 1982 spring training only one time for 10 weeks uniform number, except for the cellcuetix yaboo board?
I agree with all your thoughts. BTW, since you style yourself a baseball aficionado, tell me who was the greatest pitcher who ever lived? Who "came down from another league" to pitch in the major leagues. Have a treat for you if you know your sport.............the ticker is running on this question on a lazy day with a terrific 10K
dmattingly62 Member Profile dmattingly62
Tuesday, October 01, 2013 12:52:03 AM
Post # of 42809
What I find interesting about the 10K-
Research and Development Activities: "At this time the Company is focusing its research and development efforts exclusively on Kevetrin and Prurisol."
Keep in mind that drug development is not just discovery and preclinical work. It also includes the trials. Brilacidin?
General: "The Company is presently in discussions with other institutions for collaborations in conducting clinical trials.."
Requirement for Additional Capital: "Polymedix - This budget may change significantly due to the recent acquisition of Polymedix assets and we have not determined a budget for these assets." And "The Company will be unable to proceed with its full planned drug development programs, meet its administrative expense requirements, capital costs, or staffing costs without obtaining additional financing of approximately $5.0 million (as per current management's budgets). This does not include any budgeted amounts for further development of the Polymedix assets."
They aren't budgeting for Brilacidin. Hmmm
They announced two weeks ago that they will immediately advance Brilacidin. The deal was done almost a month ago. They have met with the CRO as well as publicly announced that they are requesting a meeting with the FDA to discus trial protocol. Yet, there is no budget. Hmmm
The company has over 1000 shareholders. Not one, expect for our two founders, had a clue about the Poly Heist. Not one. We are at the behest of our two owners. Just the way it is. I am very comfortable with that. I say that also because the 10K shows the company is looking at buying or grabbing another compound from a third party. dr. M is a high end, big hitter. Look at his resume. Look at our website and the resume's (CV's) of our board/consultants. you think perhaps they have any professional connections? Think about it.
for so many reasons. Buy when it is down. it is, and for no good reasons. fundamentals get stronger every week. the only stock I know that might be a 100 bagger in the next 2 to 5 years. for so many reasons. I am thrilled to own it.
Thucydides, an Athenian, wrote the history of the war between the Peloponnesians and the Athenians, beginning at the moment that it broke out, and believing that it would be a great war and more worthy of relation than any that had preceded it. This belief was not without its grounds. The preparations of both the combatants were in every department in the last state of perfection; and he could see the rest of the Hellenic race taking sides in the quarrel; those who delayed doing so at once having it in contemplation. Indeed this was the greatest movement yet known in history, not only of the Hellenes, but of a large part of the barbarian world—I had almost said of mankind. For though the events of remote antiquity, and even those that more immediately preceded the war, could not from lapse of time be clearly ascertained, yet the evidences which an inquiry carried as far back as was practicable leads me to trust, all point to the conclusion that there was nothing on a greater scale, either in war or in other matters.
I always worried about the shareholder base, with all the SA articles. live and learn..............and take advantage of everybody you possibly can.
Post # of 42742
No, this is the market telling Leo he has to start delivering. I have faith in Leo but the market doesn't, yet.
This is what happens when the Kevetrin trial runs slow, when you don't deliver on P21 news after raising expectations twice, and the delays with Prurisol and then a final announcemt that the trial is to commence only to then cancel it. Then we have announcing of up listing and we are approaching two months with no news of progress on this front either.
I do believe in Leo and like the PolyMedix assets acquisition but he has boxed himself in here. A 200MM market cap is not sustainable with that kind of performance. Has he bitten off more than he can chew? Time will tell but the market is not thrilled.
He needs to pull a rabbit out of his b_tt and quick.
As long as I beat leeO I will be happy. nothing else matters. I compete therefore I am.
I know, I know. It will not, but I want to be a pig and get all I can. With 120K share, THEN i will not be happy with swoons. if you have not got enough, this is a buy opp. Buy a bull market stock on retrenchments. This should be 101 for all people who are in the market. I know, I know, far easier said than done. Lots of grey space between the here and the now.
this is such an incredible heist, to get these guys. Huge for CTIX. your post should be on the ctix website: "look at the people who we are hiring."