I think all those hopeful speculations have worn out their welcome here. Too many of Gerald's milestones placed out there to raise shareholder's enthusiasm and expectations have come and gone unfulfilled and unexplained by Gerald. He's not even returning Jason's phone calls anymore, let alone shareholders. Stick the fork in it, AMBS is done.
Don't forget Redspeed, he owned about 25 million shares Pre-RS. When AMBS was at it's high of .193 cents last July his net equity was close to 5 million dollars! Today his shares are worth about $500,000 dollars, A LOSS OF 4.5 MILLION DOLLARS!! I think hearing his words of wisdom about AMBS would be interesting, too! Keep in mind, Redspeed, Warp, Zoom, BSR and all the other kool aiders have the advantage of hearing one another's wisdom daily on the private message board, which the rest of us don't get to hear. Hopefully some of them will shares some of their pearls of wisdom with us at this trying time.
oneillp: I never see you address Gerald's failure to do any of the things he said he would do in 2014 and 2015. He has said so many whoppers that I find it amazing you would even notice my posts! The fact you never engage in discussion about management's failure, which is the reason we are down 90% in one year, but instead try to lecture me suggests you've got your head deeply planted in the sand! Only a fool would focus on a disgruntled shareholder when he's lost 90% in one year due to management's obvious failures! You've got to grow up man.
None of things Gerald said 2 years would happen over the next 2 years which caused the stock t go up from .01 cent to .193 cents have happened.....and so the stock price has gone right back to where is started. Pre-RS we are now at .01 cent! It's pretty simple....Gerald filed the company with hot air and it popped!! To get going again some credibility must be established. I don't think anyone will trust Gerald ever again and yet I don't know of a quality CEO who would come in and take over this mess. Things seem pretty weak right now. The brightest thing AMBS has going for it is that we have zero as a floor. That means the descent won' last long....the bottom is near.
I'm not beating a dead horse, I beating up the arrogant kool aiders who delighted in attacking me like wolves as I was raising my concerns about Gerald's inconsistencies. So...what goes around comes around....and I'm loving every minute of it. And when the stock price gets low enough, maybe I'll reinvest if the stock has any value left. But if you're happy with how management has managed your investment.....then why worry about me. I'm having a great time....you need to relax and wait 5 or 10 years as you said above.
Thunder: Some of us don't like the CEO to blatantly lie to shareholders on a regular basis and in the process drive the stock price down 90% without holding him accountable. Reading posts from people like you pretending there is nothing wrong with how this company has been managed blows my mind. You shouldn't be focused on us, you should be focused on those managing your investment!
I have never said I was wealthy or particularly knowledgeable about investments and biomed. I've been around the block a few times, that's all. But apparently I was smart enough to suspect something was amiss with Gerald after last July. I mostly sold life insurance annuities and mutual funds. I am out of that business now and am selling solar.
One: I sold above .07 cents and am happy to constantly remind everyone how Gerald's lies caused the stock to drop to .011 cents. You didn't sell and you're happy to be down that low. So what could be better, we're both happy?
Originally AMBS was about MANF/Parkinsons. You don't hear much about that anymore. Then they said our "business plan" was to develop other MANF indications, obtain orphan status, and then partner with Big Pharma. But....you don't hear much about that anymore, either. I haven't heard much about MANF/Retinitis for a long time. It received orphan status but an IND for clinical trials is no where in sight! Maybe second half of 2016? Phenoguard was to be the "golden goose" and help produce revenue. But that's not happened. LymPro was to be the "gold standard" for AD diagnostics....but it has been a bust so far. LymPro was also supposed to be a break through for TBI....but we've heard nothing on that either. Eltoprazine is in a phase 2 trial, which is good. We should get some data on that in a couple of months. That could surprise us. We are so low that any preliminary data released that was positive could really pop us upward. ESS might have potential. MS Precise might also, but we picked up all of these products on the cheap and so one has to wonder if their fate will be similar to what we've experienced with LymPro....which has been underwhelming! We might stay down here below $2 for awhile until something substantial starts us upward again. But I wouldn't write off AMBS just yet. I've been in a stock that did just as badly, and which I was just as angry about.....that blew my mind eventually. So anything can happen. Of course, we could also go bankrupt. This is a risky play.
milehighpoop: I sold out above .07 cents at a small profit. I post here because I love to mock the kool aiders. Pure entertainment, that's all. And if I aggravate you too then that's a bonus!
John knew he had a winner with MANF. Could he have possibly chosen a worse pathway to develop it? I think Joe Rubenfeld is the kiss of death. He got lucky with Amgen and has been a has been ever since! I think he cooked up our business model and filled the Commissiong's heads with nonsense.
For old Joe to be at last year's meeting and say "We're there" regarding Lympro shows how out of touch he is. He was there for one reason.....to provide cover for Gerald to pull the wool over the shareholder's eyes regarding the additional billion authorized shares.
I was the voice of reason after the July Conference Debacle, from August 2014 through March of 2015. I expressed objective "concerns" about the inconsistencies in what Gerald was saying and doing. But I got hammered by the kool aid gang. They didn't want to hear "objectivity," they only wanted more kool aid to drink. Obviously my concerns were spot on and their treatment of me was childish and even hateful. So I have to say.....reminding them every day how their stubborness lost them 90% on their investment is a pure delight!! LOL. They brought this upon themselves.
"small molecules:" you didn't even get the "small molecules" cues Urano was giving you guys! Instead you tried mocking me as I tried to explain to you that Urano had moved on from preferring MANF as a treatment for Wolframs. You guys were simply too think headed to see the inevitable 95% collapse that was coming. You deserve to have lost your money! And I get to remind you how stupid you were and continue to be. Who tries to justify their rationale in staying in a stock that loses 90? Arrogant thick headed people!
Yes, I could have made a lot more money but I got out with a small profit after it fell from .193 cents to the .07 to .12 cent range where I sold out. I was disappointed, but at least I wasn't pridefully stupid like the kool aiders, mocking others with legitimate "concerns" as they were losing their entire positions on the way down!!