Not likely going to happen anywhere near that fast. In a perfect world with a perfect application it may happen but odds say no way. One question and the process starts all over again. I also expect human trials will be required but its a big step in the right direction. Vet use is far more likely to progress much faster.
You can be sure this CEO has some wild plan coming soon. Billions of share increase or huge reverse split or both.
What other choice did they have? If the technology is so valuable and I think it does have potential why no insider buying at these prices? Other than Cadwell were are the rest of them? The CEO only owns 7 million shares and hasn't bought any in many months?
Your facts are a little off. Battelle did not buy anything. They took stock in lieu of money owed to them by AMIC that they couldn't pay any other way. It was never controlling interest. At one time it was 10% but outstanding shares have been greatly increased since then. Not sure if Battelle even owns anything currently. I do agree on Cadwell continuing to fund this. There must be something he sees coming to make it worth his investment every month. I would settle for news of FDA re-file. FDA approval is a long way off.
I think it may be time.
I can't think of any reason Cadwell would keep funding this every month if bankruptcy were coming soon. He must see some hope of success or why keep putting in money for more shares every month? Other than Cadwells money this thing looks as dead as a stock can get and still be trading.
I have been watching for that also. If he keeps funding it he must believe it still has a chance. If he doesn't I think thats all she wrote for this company.
Maybe but are they anything more than an empty shell trading at that price? Didn't think all pink sheet stocks even file SEC reports.
Battelle never bought anything. They took shares because AMIC couldn't pay its debt any other way. Battelle's shares are as worthless as everyone else's now. If they even own any at this point.
Others have reported that CEO says re file is still 30 to 60 days out but funds needed to complete testing for FDA have been secured. My guess is no news until re file is ready and price stays in this .004 to .005 range. Seems like a no brainer buy though at these prices while we wait for news. I would think just re filing would get this to .015 to .02 cents.
I don't see this going over a penny without news and I don't think we will get any next week. At these prices I'm adding shares also. With news hopefully it will see 2 cents again. Increased volume is kind of amazing considering what was average only a few weeks ago. Looks like the major selling is over.
I get the same info. you have Robert. Worth adding at these prices and giving it a couple months. Not much choice for most of us anyway.
What are you expecting Ron? Do you think Katzaturd is going to tell you how sorry he is for taking all your money? Whats the point of endless posts on a message board. All shareholders are #$%$ this was a bust but there is nothing you can do about it. Don't waste your time with the SEC, they can't even regulate the real stocks let alone some little nothing like ADMD.