Bullboard - Stock Discussion Forum Antibe Therapeutics Inc(Pre-Merger) ATBPF

Healthcare

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

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Antibe Therapeutics Inc(Pre-Merger) > This stock

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Post by woundedknee on Apr 27, 2021 4:04pm

This stock

May as well be halted. Share price means nothing as it's being sold off mostly by small 100 share lots, which iIassume are by retail holders fed up with waiting. jmo

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Comment by StockingUp21 on Apr 27, 2021 4:32pm

what is there to lose with nasdaq listing now? If that is only chance of seeing return let's roll dice. Can't go lower than 50 percent from now as that is about how much money they have in cash right. If need another Reverse split at least this one will actually be for purpose of nasdaq.

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Comment by Forestview on Apr 27, 2021 5:05pm

A lot of us, myself included, will probably have a significant issue with another reverse split. I think the plan will still be to drive the share price up with news updates. Stern has had minimal impact on the stock price, but to do another RS will not be seen as a positive sign. I think the timing of this one was poor, but now we just chart forward. GLTA.

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Comment by WalkOverTheStrt on Apr 27, 2021 9:43pm

If Dan and mgmt did another reverse split it would be an indication they failed with the intiall one and didn't have a clear strategy. Let's hope that isn't the case....

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Comment by Actuarial on Apr 28, 2021 8:30am

What's the point for you guys to discuss another reverse split? ATE has enough cash in bank!

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Comment by Arbourmark on Apr 28, 2021 8:44am

I agree 100%, some posters too focussed on sp and qualifying for Nasdaq/NYSE. We have all the cash we need at this point. Management has clearly stated uplisting to major US exchange in the fall. They clearly know the requirements. They are currently in final negotiations to roll patents from holdco to ATE. They have a plan in place and are working it as we speak. I believe some ...more

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Comment by woundedknee on Apr 28, 2021 9:05am

I agree 100%. And I also agree with your assessment on the almagamation. That one thing alone could hold the key for a change in sentiment. gl

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Comment by MrMugsy on Apr 28, 2021 9:24am

Agreed. As we head into May ... we know amalgamation is only days away. Does it happen on its own or is it combined with other news that drown out the negativity and highlight why its being done? All to be determined ... but ... just around the corner (as per Dan's conference comments).

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Comment by YukonJezza on Apr 28, 2021 9:32am

RS to meet share price minimum for Nasdaq

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Comment by MrMugsy on Apr 28, 2021 9:46am

No - they wait for share price to rise on excitement - that's when a decision is made to go - but it isn't a single variable event ... requires some a host of things to make it successful. Patience is required right now. No other way.

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