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Antibe Therapeutics Inc(Pre-Merger) ATBPF

Antibe Therapeutics Inc. is a clinical-stage biotechnology company. The Company is leveraging its hydrogen sulfide (H2S) platform to develop therapies to target inflammation arising from a range of medical conditions. The Company’s pipeline includes assets that seek to overcome the gastrointestinal ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs (NSAIDs). Its lead drug, otenaproxesul, is in clinical development as an alternative to opioids and NSAIDs for acute pain. Its second pipeline drug, ATB-352, is being developed for a specialized pain indication. The Company also focuses on inflammatory bowel disease (IBD). Otenaproxesul combines a moiety that releases hydrogen sulfide with naproxen, a non-steroidal, anti-inflammatory drug. ATB-352 is an H2S-releasing derivative of ketoprofen, a potent NSAID commonly prescribed for acute pain. Its IBD candidates are being designed to maintain the efficacy, safety, and pharmacokinetic properties of ATB-429.


GREY:ATBPF - Post by User

Comment by MrMugsyon Jun 03, 2021 1:27pm
135 Views
Post# 33319851

RE:RE:RE:RE:Market knows

RE:RE:RE:RE:Market knows
MikeStock wrote:
MrMugsy wrote:
Layth1990 wrote: The issue is management ,Just promises and vague statements! So much greed and everything they do they do fill their pokets with shares. Where is nassaq ? Where is phase 3 design and anticipated date ? Also, they are the champions of delays. They definitly don't have a concrete plan. I still remember dans words for no dilution at biohub, and we got diluted twice or more since. I an still hanging here for a hope, i will lose it and move forward one day. 


Check your calendar Layth ...

Since they are planning to go to P3 in the last three months of the year (best guess), you probably wont hear much about the P3 plan until late summer.

I recall NASDAQ being a later fall thing - but don't get too excited if the markets don't play nice.  I could see them move it out ... but I hope not.

I wouldn't exactly call AH a dilution - It's more of an acquisition.  We didn't use cash to make the purchase, we used shares.

None of that should be a surprise.

Not being critical of you - just putting things into perspective for everyone asking the same questions.

Cheers - Good Luck All.  (one step at a time and we'll get there).


Sure Mugs, but what I still don't understand, and even ATE never answered the question when I asked them, was why do the reverse split under the premise of an uplist and then wait a year. No institutions are buying now so the 40 cent price argument can't be made. I suspect that if we never did the split we wouldn't be stting at 39 cents today. 




I see the reverse split to get the shares above $4 but I also don't see them making the move to NASDAQ until they are running upwards from there ... likely somewhere between $6-$10 and knowing we have momentum with additional developments (that's what I've always believed).

We're not there yet.

I am hoping that the summer comes with some deals to create that momentum and get us comfortably on our way to the NASDAQ and into P3.

I don't think our value is any different now compared to where it would have been without the reverse split.  We'd be at 40 cents.  But, that's OK ... now we're ready to go to NAZ on good news and good momentum.

These shares aren't moving until there's real excitement in the air - a cash deal(s) ?



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