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Post by actcrazy on Aug 27, 2019 15:38:19 GMT
Hey JHam and all here. While I was researching CATS I came across BIO-VIE that is about to IPO and Terren Piezer is much involved. Probably should start another thread? Symbol is currently BIVI on OTC. Etrade would not let me buy online so I called them and they made the order go thru for me. Currently under 8 cents a share, been as high as 15 and as low as 2. Two year old trial underway for a treatment of Liver ailments. For some reason they stopped the IPO untill some more results come in...looks positive from my sleuthing around. Tailwinds was mentioned somewhere in the pile of stuff I read. Most of my funds are elswhere right now so I just bought a token amount to follow but, at eight cents and Terren is involved, could be a hidden gem. I haven't opened a thread yet on my own so excuse me JHam for putting it here. Looking forward to more thoughts and observations from you all. GLTA Here!
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Post by JHam on Aug 27, 2019 16:03:01 GMT
Hey JHam and all here. While I was researching CATS I came across BIO-VIE that is about to IPO and Terren Piezer is much involved. Probably should start another thread? Symbol is currently BIVI on OTC. Etrade would not let me buy online so I called them and they made the order go thru for me. Currently under 8 cents a share, been as high as 15 and as low as 2. Two year old trial underway for a treatment of Liver ailments. For some reason they stopped the IPO untill some more results come in...looks positive from my sleuthing around. Tailwinds was mentioned somewhere in the pile of stuff I read. Most of my funds are elswhere right now so I just bought a token amount to follow but, at eight cents and Terren is involved, could be a hidden gem. I haven't opened a thread yet on my own so excuse me JHam for putting it here. Looking forward to more thoughts and observations from you all. GLTA Here! Yeah I have skimmed through BioVie at Tailwinds. At a $25M market cap with a potential $500M in future revenue from Terlipressin, one could certainly argue that it is undervalued at the moment. They are in P2a which is a little early for me these days to buy and hold a biotech. I also think IPOs can go any direction. I'll keep my eye on it though. Thanks for bringing this one to our attention. |
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Post by JHam on Aug 27, 2019 16:22:02 GMT
Yikes. OK, so BIVI is pretty desperate for cash especially if they are going to do a P2b. The plan was to do a 1:125 reverse split last week and do a raise at the same time. That would have juiced up their cash position and made them a typical low-float (5M+ o/s) stock and been pretty appealing. However...they canceled both the raise and the up-list a few weeks ago. I'd love to hear Tailwinds take on this. www.sec.gov/Archives/edgar/data/1580149/000152013819000288/bivi-20190814_8k.htmItem 8.01 Other Events. On August 12, 2019, BioVie Inc., a Nevada corporation, filed a notice of termination regarding an amendment to its Articles of Incorporation intended to effect a reverse split of its Class A common stock as a result of its Board of Directors having determined not to proceed with the contemporaneous public offering and listing on the Nasdaq Capital Market due to market conditions at this time.
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Post by actcrazy on Aug 28, 2019 2:27:01 GMT
Yes..unknown territory so, I only threw a few hundred bucks at it to follow..in case. If that 1to125 split goes thru i'd have less than a hundred shares. I just found it an interesting read
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Post by JHam on Aug 28, 2019 14:58:18 GMT
Yes..unknown territory so, I only threw a few hundred bucks at it to follow..in case. If that 1to125 split goes thru i'd have less than a hundred shares. I just found it an interesting read It is definitely interesting, and just based on my quick glance I think they should be able to file for an NDA in the not so long future. I think they are smart to try and do a raise in conjunction with the r/s and up-list, it's just that the market sucks so bad right now Terren may want to wait and see how things shake out before attempting it. At least that's what I hope the reason is. I'll keep my eye on this one. Good luck! |
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Post by actcrazy on Nov 23, 2019 7:43:14 GMT
BioVie split today at 125 to 1 and maybe an uplist over the weekend. No news yet and have not traded today..Friday the 22nd. FYI. Note; small holder here. GLTA Temp. Symbol BIVID
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Post by kronzky on Jul 19, 2020 19:32:02 GMT
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Post by actcrazy on Jul 21, 2020 0:43:14 GMT
I sold out a while ago at 11 bucks up 150% and gone. Best to all here.
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Post by JHam on Jul 21, 2020 4:28:16 GMT
I sold out a while ago at 11 bucks up 150% and gone. Best to all here. Wow, well done! |
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