Has anybody actually looked at the agreement with
Post# of 5066
Has anybody actually looked at the agreement with southridge?....
This is important....
.0019 and .0021 from .0020 is quite the interesting gap we are stuck at ...
SOUTHRIDGE Can buy common shares at 91% of current share price not less than 5 days consecutive average pricing (or something like that) that means they want a 9% difference.
Hmmmm...... So the best way to get the cheapest shares is from .0021 to .0019 OR from .0022 to .0020, since those ticks are BOTH JUST TOUCHING but not quite over the 9%... (depends on the day- I mean, its between 90.4% and 92ish%, so its close enough.)
Nonetheless, its two ticks in no matter what direction for the percentage numbers as per the southridge agreement.... This is where they want it, they have the money, they have the will, and southridge is toxic as hell to pps.
In other words; WE SHOULD ALL BE THANKING SOUTHRIDGE RIGHT NOW- IF NOT FOR THEM WE WOULD NOT HAVE THE OPPORTUNITY TO BUY AT THESE BASEMENT LEVELS.... THE ONLY MM I SEE HERE IS SOUTHRIDGE.
welp, current O/S is 1.8billion roughly, they are only allowed to own 9.99% of all common stock, 179.999 million shares....
Once that train is loaded up on these ideal levels (WHICH IS WHY SOUTHRIDGE IS KEEPING IT HERE, TO ACCUMULATE A TOTAL OF 180 MILLION SHARES BEFORE THE LAUNCH).... Then it explodes, once they have their 180million, they must make profit on it...
The numbers and meetings that went into this meeting are beyond me....
But southridge needs to make 20 million on those 180 million shares....
I'm going to ignore current O/S and talk about A/S, simply because its easier, and it probably will max out.
so 200 million shares...
at .10
is 20 million dollars (TOTAL FINAL AGREEMENT AMOUNT)
So since they are getting these shares at .002 instead of .10, they can afford to get 50x the amount as if it was at .10....
So, they can get 10 billion shares.... (that they cannot short trade)
at these prices
In other words, southridge will be a CONSTANT price destructive factor until august 2015.
But that is the reason also why we are not dropping and we are not gaining. They control this stock entirely and have it in their hand.
Once it goes no matter how many shares they have they cannot stop it though.
So until the following 4 factors occur, .002 is our home.
1) IND # for gene silencing
2) Answers for FDA for Hemaxellerate
3)Start of HemaXellerate trials
4) Start of gene silencing trials.
5) merger
6)A deal made with big pharma.
That is a lot of ways it can go....
Ways it will go lower than .002
1) R/S (This is stupid- everybody who says this will happen is stupid)
2) More dilution (look at the filings you idiots, it says that they are a STARTUP COMPANANY, no shit there isn't profit until SCIENCE makes it so, since SCIENCE isn't instantaneous like retail.
3) Bankruptcy (Always a worry with every company, but I really doubt this.... They aren't out of money by any means)
4) Uhhh... Koos turns out to be a crackhead and has been spending all the money on sailing and crack.
Anyways, all IMHO....but it just seems like its a reasonable hypothesis on the current share price.