charts are far more useful than simply tossing money into early clinical stage biotechs with no earnings, revenues, or products other than stock.
same lawyers, same accountants, same pr firm, same drug, same rise from pennies to close to 20.00 and then back to penny land
back to pennies, same lawyers, accountants, pr firm, same drug,new press releases, reverse splits, uplistings, from pennies to no where close to 20.00, now back to penny land?
there is only one pure science, it's called math, and even it is subject to interpretation,
1 plus 1 isn't even always 2
never 2 in the world of 1's and 0's
Item 3.02. Unregistered Sales of Equity Securities.
On October 22, 2014, pursuant to the terms of the Purchase Agreement, the Company sold 2,000,000 shares of its Common Stock and Warrants to purchase 4,000,000 shares of Common Stock. The offer and sale of such Securities pursuant to the terms of the Purchase Agreement constituted a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended. The information set forth under Item 1.01 is incorporated herein by reference.
The Securities offered and sold pursuant to the Purchase Agreement will not be or have not been registered under the Securities Act of 1933, as amended or state securities laws and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or an applicable exemption from such registration requirements.
yep, the Greek connection,
who is the largest individual shareholder of avxl? what nationality?
what, if any connection, between all 3?
i;m wondering if it will ever show an oversold rsi on the daily, still not there yet, back downhill since the spike to the low 6's gap fill, getting close, but no cigar.
one has no need to short if one received cheap shares that one can simply sell. no where in the financing does it say lp couldn't ,can't sell the shares received for zero cash as a commitment fee, or one assumes exercise the far far far shares they could have obtained by exercising the warrants. read the agreements, there sure seem to be more than one.
so a gain from .27, ie 1.08 to 14.86 in far less than a year simply wasn't good enough?
with a similar press release in July to the most recent one, the price ran from up about 200 percent to 14 x.
shows improvement, caregivers pleased, p scores. doesn't read too different to me. not for a rise from 2.00 to 14.00
"Shares of Anavex Life Sciences have seen a consistent price movement since late April this year. After hitting lows of $0.27, Anavex has increased in price by as much as 193%. The recent announcement of the Company's positive cognitive data for ANAVEX 2-73 has increased attention on the company. The drug maker found ANAVEX 2-73 demonstrated that 83% (10/12) of patients had positive cognitive effects during PART A of the study, which consists of a 36-day on-off-on not-yet-optimized dosing regimen to assess bioavailability. At day 36, the amplitude of the cognitive EEG/ERP biomarker P300 increased 38 percent from baseline. Published data suggests that a 38 percent increase is approximately 4 times higher than donepezil (Aricept(R)), the current standard of care, in the same timeframe. According to the Company this is the first time the investigational drug ANAVEX 2-73 has been administered to Alzheimer's patients. In addition to the positive EEG/ERP P300 biomarker signal, the feedback we've had so far is that patients and care providers have noticed both cognitive and functional improvement, increased alertness, improvement in activities of daily living, greater organization and a requirement for less prompting," said study's principal investigator Dr. Stephen Macfarlane, FRANZCP, Associate Professor and Director of Aged Psychiatry at The Alfred Hospital."
who's keeping count of all the lies and libelous statements made by the longs who are now ranting and raving ever since their beloved going to the moon stock started selling off apparantly right after the release of the abstract? plenty of longs were counting up untold riches, and boasting about how smart they were as this ran again from 10 to 14.86.
Better starrt deleting all those old posts from at least October 26 to Novemeber 3
you are asking the wrong question, ask how much money LPC has already made over the years and if avxl raised any money by putting stock to them before the stock price collapse
check the share price when the shares where awarded as a "commitment fee" to LPC to where they were then, agora promo, and only briefly thereafter.
i would be shocked if LPC didn't sell and take advantage of the opportunity amidst the euphoria.
did avxl put any shares to LPC above 10.00?
do any daydream believers even bother to look at the actual sec filings?
nah, all companies with no revenue and no sales and no product currently for sale (other than company stock) with a drug under testing should rise 14 plus fold within about 6 months and then gain 1000 percent more because the drug might someday get fda approval.
and the companies should advertise the as yet unapproved drug on tv as coming soon, beat the price rise, get in early.
redthumbdown • Nov 5, 2015 8:11 AM Flag
"AVXL and Lincoln Park
I have it on good authority that LP has been asked by Missling to deliberately burn the shorts today and tomorrow. This is going to be fun to watch. There will be a slight pullback and then boom LP is going to start buying.. Awesome."
send a copy of this to the sec as well as the pumping from the week before after the stock had run from the 10's towards the 14's post uplisting for a run from .27 pre reverse split to 14.86 post split in far less than a year with some people calling for far more as of 11/09/15, also send as well a copy of the agora video saying they needed to hear from you by 11/06/15
then call LPC and ask them how many shares, if any, they bought versus any of the shares owned sold, if any
the contact info for LPC is in the sec filings most people probably never bother to read
then call agora and ask if they bought or sold or held no positions at all