80K shares over Thursday and Friday. Not bad. Hopefully, they'll continue. Big seller(s) appears to have finished, as GTXI appears to have hit (at least a near-term) bottom.
It's rare for companies to address rumors at all, much less with a special press release. The fact that they did so indicates to me that the company felt culpable for the rumor. For traders/investors, that means that approval is very likely.
Legitimate dry bulk shippers have been having a tough time surviving. This sham company will not survive now that it lost its access to capital via its Nasdaq listing. Its financing has been based on selling unlimited shares of stock listed on a large American market. Now that it's on grey market, it will get no new financing. I won't waste my time reading that term sheet for financing to buy the Panamax ships because I'm sure that there is a stipulation in there that the stock remains listed on Nasdaq. How about that American coal mine? Is this scam a Greek shipper or an American coal miner? This scam will eventually die, one way or another. Again, the only reason it lasted this long is because it used its Nasdaq listing to raise money via massive stock financing whose creditors sold down to virtually zero. Zero is where this is headed.
Regarding the Nasdaq listing hearing...you're really reaching for the bottom of the barrel if you think anyone believes that that's in play now. The listing is history.
What is the $100 million shelf registration about, if not about dilutive equity financing?
The original AdCom date was canceled due to bad Winter weather, as I recall. Rescheduling took some time to get 24 busy professionals together. That delay has no relevance on whether FDA's response now will be delayed.
You can't read? All directors were given call options on 6/17. Crowley was granted options controlling 55K shares, and they were immediately exercisable immediately @ $4.47 .
Fecal transplant seems to be the way to treat C. difficile infection that resists antibiotics.
How about the SEC? Accounting issues have been dubious since Muddy Waters' report in October. Now, with the resignation of the audit committee director, and the auditor's need to widen its audit while NQ's response is "muddy," the NYSE's patience is likely wearing thin. This stock's listing is in danger of suspension.
To summarize, that recommendation is 17 to 7 against CVOT for PAMORAs as a class. CVOT was the issue FDA used to deny Relistor approval in 2012 based on its concern that another PAMORA, Entereg, showed potential signals of MACE. Of those who intended to vote for advising CVOT, it appeared that only one advised pre-approval CVOT for PAMORAs. Historically, FDA follows AdCom recommendation ~85% of the time regarding drug/device approval decisions, so the approval of Relistor's sNDA is highly likely even though the stock price doesn't seem to reflect that yet. Usually there's a runup to the expected decision, but the stock may not react appropriately til the decision is announced. Maybe shorts want to hold through this decision, though I don't know why, as I see positive catalysts afterward (EMA decision on new Relistor indication, PSMA-ADC trial results, prostate cancer imaging agent, oral Relistor NDA, etc.). The decision is expected within 30 days of AdCom vote, but FDA might delay as it figures out what post-marketing studies it wants for this new use of Relistor.
No, it didn't. Merely reading the November press release would enlighten you. By the way, where's the 'Q' appended to the symbol? Where is it?
Yeah, that's a country. I know the planet too. How about the address and phone number? There are 2 subs in Greece. Who's the CEO? Since you know where plc is, maybe you can call them to find out what the hell is going on.
The Plan was confirmed on May 29, but I don't know if the bankruptcy has closed. Check the Disclosure Statement for the terms (it's on BMC Group website). There's no restructure; it's essentially a liquidation with management staying on til liquidated, as opposed to US Trustee doing so in Chap. 7 bankruptcy.
plc's subsidiaries are not quite hiding, as the website advertises their services. But I was thinking the same thing, that plc might lie low til the bankruptcy is closed.
Uh, the sale of subsidiaries and any other assets went to the creditors. What's left over of plc must not be worth the trouble of creditors going after it. Do you even know where the plc office is now, or if there even is one? It's kind of hard for creditors to sue for assets of a company incorporated in Jersey, that has abandoned its HQ in Dublin, and has minor assets in various central and eastern Europe and Dubai.
No, of course not. There are some brain dead posters here who still haven't learned the basics 6 months after most of Velti plc business was sold within and without the US bankruptcy.