Carlton Cadwell - October 5th - $82,500 investment into his company AMIC. Form 4 available for review 08OCT15.
That is far better than press releases on subjects we already know.
There is one claim that is apparently untrue with regards to stock trading on a certain day but what about many other days? Perkins and Taylor do not specifically refute the other claims do they. That is why I want to know where and how the case settles. Does Tiberius win the case in the bigger picture when it demonstrates successfully their other claims?
Anyways, I hope it is BS with regards to their attack on AMIC. AMIC is not a shell company and are trying to better life for many sick people and improve treatments in medicine against terrible disease.
Smallcap, how often are they successful in the suits. Suits are common in business, if they are correct by the law more often than not then who really is wrong? I hope Typenex is out of line here but the damage is significant as the company (ADMD) still has to spend valuable time, money and effort in court. How does a judge put a number on the damage to AMIC through this process of finding right and wrong in what has happened? How does a judge unlock the potential in AMIC and what they should be compensated through this? AMIC reserved shares for them and it still was not enough. Geesh!
Reading that press release I see nothing there that an investor would not already know if the reader the SEC filings that have been provided by the company already. We also knew about the other debt situation as well and they are working with final Convertible holders as well as those with notes that converted below .001. Jim provided that information in the interview he had. So where is the new news?
Hey, whatever, the stock move a little on it with light volume. The "news" we don't know is the terms of the agreement with ISO for the studies. That would be new news that would be valuable information for us shareholders. Why won't they release that part of their financial obligations? They continue to provide press releases for actions that are already common knowledge to you and me Busy. Tell us something good that we don't already know and is not priced into the share price. Surprise us for gods sake, in a good way of course.
Busy, it seems like investors are taking a wait and see approach to this good news. I hope to see an increase in volume running up to next reporting period, that would be a strong "tell" on what this maneuver meens in the medium term.
We kind of knew already that this was a direction AMIC was focusing and that may be why the response today is so muted.
It is not biting dust? You are always so wrong it makes me wonder if you are aware that this is the Advanced Medical Isotope Yahoo MB? Maybe you should be posting on some other company's MB.
One time I saw it happen in Pharma. 2008-09 CTIC went from .05 cents to $2.00+ and it was of course an epic squeeze. That was fun. This stock is not shorted, they would have to raise authorized to keep going and CTIC happened due to a failed vote to do just that as well as a positive report on research data for their top drug pixantrone. I don't know, if the right terms are found with PE or another device manufacturer then maybe it could happen. You would only be talking about a $40 million MC but with Preffered going out the door it can get pretty diluted. Then again is RadioGel a $100 million revenue maker on 5 years of distribution? You see what I meen. There are plenty of scenarios that could make it happen although they are a reach of course.
Whatever, I am holding my shares with house money. Keeping a solid eye on it.
Good info. Where did you gleen such, Jim? He is usually pretty open but had not asked him directly as I thought it would be inside info prior to a shareholder update. That would have great direct impact to investors.
2 cents. We keep hearing that and w/o RS. Would take huge news squared times two.
So what is the plan to actually start testing and/or collect specimens for such testing? Does anyone have any ideas about the sources of funding to get these tests off the ground? What I read from the old press release is that the partner has been selected and the data, as well as clarifications requested by the FDA, has been transferred to Iso. A milestone date appears to be identified to start the testing but what is the arrangement to actually pay for this study?
Does PE jump in as a partner and what would they receive in return for the risk? A private placement of shares through yet another share class? There is plenty of Series A Preferred but what does that really mean without stock available under the preferred? It just has no value right now without shares to issue against it. I like the "when available" language for stock right now. Insiders may be perfectly comfortable with that as they are already up to their neck in AMIC but what about outside sources? PE is not going to have the support of its investors with that kind of arrangement.
.........why did they create this share class? Not to benefit the holders of common share class. They seem like they built a little wall to the world. An ark to carry them safely away while the masses are subjected to the flood?
Anyways, very interesting. Will they duck and issue more shares or is it time to RS and issue more shares? All the same at the end if the day at this stage. How will they pay ISO to start testing services?
No it isn't. It may need to go to seven to hit strong support but it is far from an end. The end is the FDA approval of RadioGel with the support of some big money. If money gets enough board seats it may spell an end for Jim but with approved RadioGel who knows.
You are an idiot. That we do know.
Wow you sure loaded up the truck, honey bucket and John Deere towable. When do you think it will take off? Why do you think it is going to take off?
Who is the attorney and their office?
I wondering who may file a lawsuit. That would be a material matter that I would think they would have to disclose to shareholders. One thing I also did not understand was why the investors who received convertibles did not at least have shares held at the closing price of the investment date. I guess that would be to good to be true. I have not added it up lately but how many shares would AMIC need at today's price to cover the rest of Convertible holders?
My thoughts is that AMIC will effect an RS soon and then have the AS increased to cover these notes due immediatly as well as make arrangements with ISO to get the tests started. You know, what kind of outside investor is going to come in with capital ($5-10 million) to pay for animal trials and do so without at least shares to cover their investment and 20% or so over and above to pad? The only way it may work is if insiders, namely Carlton, went all in but I have no idea if they can come in like that, and while it is kicking a can down the road right now I bet they would be looking for a sizable #$%$ of stock as well over and above the closing price at that time.
Right now it is a pickle to be in. I do have to say a bankruptcy would help clear the books, and if you are like me, at the end of the day no matter what I really would like to see RadioGel approved so the sick could get better treatment for their conditions.
It will be great to see this work itself through in the months, hopefully not years, to come.
Now a poster Notsure says lawsuits. I can only imagine it is a rumor but what else would you expect from a holder of a convertible that cannot be converted, or was converted but AMIC called foul. Maybe more than a rumor?
Anyways, maybe more important, is that the share price put in a tripple top and today broke through a strong 13 floor. I don't know what to say! The price is not rising such that an RS would support a better exchange listing. It seems that an RS and then an increase in authorized shares would help clear out the convertibles. Yet, how are they going to do that clinical trials with ISO if they have no money to pay or shares to provide? Where is the mystery investor to inject capital for the studies.
I don't know guys, pretty hard to buy or identify a catalyst to watch developing.
Why on earth would you antagonise someone like that? We had 5 or so days without a post! You must be interested in reading BS like this.
So he is conning his boss Me. Cadwell, with several million dollars to his name in his company. Mr. Cadwell with a huge controling interest in this venture and also the owner of Cadwell industries, a private company, which is disgustingly successful. Hey dumbo, Jim K is one of the smaller pieces in this puzzle. Why don't you git outa here and put some pieces of the puzzle together and when you know what you are talking about, or at least have a handle on what is going on, come back with some worthwhile input, good or bad.
First thing you need to know is that you are going after the wrong guy. Jim K simply implements a plan which is organized by several insiders of the company headed by Mr Carlton Cadwell.
If you keep making a fool out of yourself here we will support that with a heavy drubbing with big keyboards. Oh by the way I am not exactly positive on the company for reasons posted. Your reasoning though is down right ignorant to any form of reality of AMIC.
Hah hilarious! Truth.
Dude doesn't know what he is talking about. He shows up maybe 3-months ago and acts like a disgruntled former janitor for AMIC. I guess there has to be one for every MB. Go get 'em Bill.
Not smart, observant.
1) Volume sucks, has for some time.
2) Bumped head on (3) days at 18 on light volume
3) Iso Thera was not news, could have went with anyone. Plus enough rumors out there.
This is not a move right now. Heading up ahead of Iso news was a move and when the news came out, which was not much, it hit its head and stopped. It did not create a compelling storyline to invest yet. Just look for a trend. You will either be ahead of, or behind when the next piece of news comes out. Whoever bought that Iso news will be waiting a while in my opinion. Next news in my opinion? Maybe WSU (not really news IMO), maybe a financing, maybe terms with ISO (could be dilutive), maybe a lawsuit. Right now how do those in the short term favor common shareholders? Don't really know or care anymore. I have the little bit and get to watch.