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Bullboard - Stock Discussion Forum 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,... see more

GREY:ATBPF - Post Discussion

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Post by Layth1990 on Mar 05, 2021 12:32pm

Incompetent CEO

Everything were excuted in a sh**y way. In askbio, Dan said no dilution and then he did "bought deal" which ruined the nuance momentum. Also, we still have probably another dilution for IP With holding. He screwed as well anyone who invested with the bought deal which was at 6cad. 

now they are adding after screwing the momentum and probably ip dilution will come at cheap prices for him and wallace. So much manipulation, i lost interest in ate because of what i mentioned above. We have a great product but not the right ceo and directors. I don't think they will get the company to the right valuation because of their greed. 

i don't thinjwe will have another partners because they did dilute us which means no future partners for funding. 

oh why reverse split if not you are not uplistong on nasdaq ? What are you doing? You gave us a morohine shot by upgrading the OTC. What a joke

you have no excuse for more delays. Us cases are way to down from 400k to 60k.i'm sure you will come up with something.

we need someone who gets things done, honest and with integrity. Your greed will kill everyone and this beautiful platform

Comment by Stoxxhp on Mar 05, 2021 12:38pm
This post has been removed in accordance with Community Policy
Comment by Layth1990 on Mar 05, 2021 12:40pm
I don't want to hear anyone defending him because what i'm stating are pure facts/reality.  we keep on saying we are too undervalued for last 3 years and still not getting any interest from institutional investors. I won't give them anymore excuses for their bad performance. I will get out once this bump to 5Cad.  Good luck everyone 
Comment by Actuarial on Mar 05, 2021 12:50pm
Hi Layth1990, the facts and the reality is that AH is going to take a cut from the cake regardless there is an amalgamation or not - either through future royalty or through shares today. There is a reason to do the amalgamation - to facilitate future bought deal / partner deal. To be honest, I don't see it as a very negative move for retail investors unless AH is over paid for the ...more  
Comment by Layth1990 on Mar 05, 2021 1:20pm
Do you know why they will do it before phase 3. Remember my words, the deal will be high and they will load tons of shares due to ate low sp. if they do it after the ate sp will be high. Dan and wallace are highest holders at ate holding.  not to mention the buy volume before nuance deal. Leaked news ? Or more like dan and wallce family are buying and dumped after! I have zero trust in ...more  
Comment by Stoxxhp on Mar 05, 2021 1:23pm
This post has been removed in accordance with Community Policy
Comment by Layth1990 on Mar 05, 2021 1:31pm
I have been here before phase 2 and still holding.all my tfsa is ate more than + 120k Cad in value. They keep on feeding themselves and everything is excuted for their own good. Whether if they are buying, selling,high salaries. I'm not going to give more excuses for them. I have seen enough.  I'm getting sh** here. I have been here for more than  2.5 years and i'm keep on ...more  
Comment by Stoxxhp on Mar 05, 2021 1:41pm
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Comment by Notthatbright on Mar 05, 2021 1:48pm
Might not live that long.
Comment by Layth1990 on Mar 05, 2021 2:04pm
To he honest, nothing is guaranteed. Good phase 2 results, we got Dumped from 8.9cad to 4cad in one day. We got the best deal with nuance, then Suspecious buy before 2 days of the announcement then dumped. We are supposed to be now at 10+ after the deal. We were 8.9 at phase 2.   investors are getting pushed away, my trust is totally gone in ceo/directors but not in the science. I come from ...more  
Comment by Stoxxhp on Mar 05, 2021 2:09pm
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Comment by MikeStock on Mar 05, 2021 2:12pm
But what do you want us to say to that Layth?  I too wish it was at $10. We all knew it was going to go down after they announced the PP.  Why didn't you sell at that time then?  The Nuance deal just appeared one day but we knew they were working on finding regional partners. They told us there were going to amalgamate holdings into ATE so you had warning about that too.  I ...more  
Comment by Notthatbright on Mar 05, 2021 2:17pm
Very true, greed takes over.  Thats what happened to me, FOMO. 
Comment by Notthatbright on Mar 05, 2021 2:20pm
and as Crow says.... buy some more.
Comment by Layth1990 on Mar 05, 2021 2:21pm
The issue is i am an investor and not a trader. Long term investment should always outweight the short term. We should have seen value appreciation if things were excuted well,that is what seperate good ceos/managment/directors from conventional once.  i'm not selling the highs because in my mind this is gold and so undervalued to me even at 7.5cad. We have everything and still sp ...more  
Comment by Stoxxhp on Mar 05, 2021 2:25pm
This post has been removed in accordance with Community Policy
Comment by Scrivs187 on Mar 05, 2021 2:25pm
Youve got your blinders on mate Listen to the facts that are being presented, stay long term, and quit yer biyatching. Either poop or get off the pot...ill take your shares for you
Comment by Layth1990 on Mar 05, 2021 2:28pm
I'm selling on next pump and move to renewable energy. Best of luck 
Comment by Notthatbright on Mar 05, 2021 2:26pm
Need a CEO from the field. Not Dan.  Trained as a corporate lawyer and as an air force rescue pilot, Dan’s career has evolved to focus on high-growth, mostly technology-based companies. His CEO-level experience includes organizations specializing in data analytics, IT and consumer marketing.
Comment by Actuarial on Mar 05, 2021 1:46pm
Of course Dan and Wallace always take care of themselves first. Otherwise, they would have sold the patent for $1 like insulin inventor Frederick. However, it doesn't mean retail investors would not benefit from investing into ATE. True the coorporate is worthless without its investors. On the same token, there would not have been ATE without Wallace. No party is going to win without each ...more  
Comment by JimmyJ on Mar 05, 2021 2:10pm
In biotech, I found if you want to make short term gains you need to buy the lows and sell the highs like our old pal Duster. Otherwise we're looking at measily 5-10% gains yoy if lucky.  If the drug doesn't work out, then there's risk to lose it all.  If drug passes and makes it to the market, then it can be a golden ticket.  When i invest long term in biotech, i ...more  
Comment by CalgaryATE on Mar 05, 2021 2:29pm
You might be a bit unclear as to how amalgamation will occur.  We'll dilute approximately 15% (could be a slightly higher or lower depending on negotiations) to Holdings.  This dilution will be independent of what the share price of ATE is.  Whether the share price is $4 or $8 or whether it's $15, Holdings will get about 15% of the amalgamated company.  There's ...more  
Comment by Forestview on Mar 05, 2021 12:41pm
I don't disagree with any of this.  The science is sound, but I've been vocal of late of my distrust of Dan to execute.  He's done some shady things, and hasn't won my trust back.  Though his letter back to Marky contained some good advice (I check this stock daily, I need to stop, it's causing me stress), his words are meaningless to me as this stock has just ...more  
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