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Capster 77 Private ID: 73878426
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    Capster 77 commented on
    I see the buys vs sells starting to even out so came back in for a trade @ .265. We don't know where the ATM offering is standing and as I said in the past until that massive dilution finishes the brokerages doing the ATM control the markets and levels. The reason im treating it as a trade only and lot long term is the history of what managment has done in the past and, in my opinion reverse split that will happen at a later date. One of the reasons I think there can be no other option is the f...
    7
    Thought those that would be interested in some DD would like to see the actual placment agreement
    Sales Agreement, dated July 30, 2024, by and between Tonix Pharmaceuticals | Tonix Pharmaceuticals Holding Corp. | Business Contracts | Justia
    According to the terms there is no master price etc they can change it as they agree, look at schudel 1 of the agreement and you can see that they can set amounts and prices on lot basis. Additionally don;t get caught...
    Capster 77 commented on
    it's hilarious to me with all these comments about " should be $6.00" " why is it not going to the moon" etc, etc. Some people do not understand that the placement agent for the ATM is selling up to another $130 Million of shares? Do the math at these levels that's another 400+ million shares! it cannot go up until that is finished. it's clear that the company has given them the ability to take it up to the 1 billion share level to the max of what they are allowed. It's fairly simple math and...
    6
    This is what active dilution looks like. At this moment  for 1st time in several days we have a roughly 3-1 ratio of buys vs. sells 12.4 million buys to 4 million sells.  Normally this ratio would cause the share price to increase, in this case it won't because we have an overhang of several 100 million shares being placed in the ATM offering. So the traders for the placement agents are controlling what and when they leak out the shares. They could easily let it breathe and let it go back into t...
    Capster 77 commented on
    As of this time 17.2 million sells vs 10.3 million buys (plus 20 milliion neutral sales)
    Kids, this is the reason this stock is drifting down. Not complicated and no real trickery, between the financing going on and some selling from insiders, it's clear as a bell. More sellers than buyers + downward trend. Most likley ATM financing along with short sales against future delivery for the ATM and release lock-up shares. We will see. If that gap closes I will probably come back in...
    6
    As I stated Friday I am out with almost a double at the moment, will probably watch and trade a bit. I took a quick look @ A.G.P. / Alliance Global Partners, the firm who has been looking after the capital raises including the now increase ATM offering of $250M. Since I am out as a long term investor I am not bothering with deep DD that I should do, however if someone wants to analyze the history of several similar type deals that AGP has done it would show if there are any patterns of decline, ...
    Capster 77 commented on
    A little factual DD for all. Here is the amendment to the prospectus as filed about 3 hours ago. Note the already 363 MILLION shares of dilution already sold. Do the math and you get an idea of the further dilution ahead. Another $110+ million dollars to go, so approx 200 Million more into the float.
    Under the Prior Prospectus, we registered up to an aggregate of $150,000,000 of our common stock, $0.001 par value per share, for offer and sale pursuant to a Sales Agreement, ...
    10
    Some people keep asking me about the listing requirements. Let's look at some facts instead of the normal BS on these chat groups. There is a very specific NASDAQ rule for listing requirements. In the case of this company they will still be a ways away from having to really deal with it. 180 days plus a likely extension.I don't post on these groups because of all the cheerleading, fear-mongering and general BS which is not based on facts. Please read below and make sure you read the last paragra...
    3
    $Tonix Pharmaceuticals (TNXP.US)$
    Was hoping to hang around for a bit, was in  @ avg .32 sold based on the announcement and the lock-up period expiring  of further dilution to lock-in profit. As a former owner of a BD and long time promoter I agree that R/S will come at some point in new year. When companies such as this start issuing shares etc when below NASDAQ compliance it's a pretty good sign that one is coming. and to set the record straight when they get the non-compliance letter they will...
    2
    $Golden Heaven (GDHG.US)$
    game over as I predicted, reverse coming. they took a well structured public co and pillaged it with no care for shareholders.
    "Golden Heaven Group Holdings Ltd. has announced its annual general meeting for shareholders to be held on September 2, 2024, with proposals to amend its voting structure and reorganize share capital. Proposals include increasing Class B ordinary share voting power from 20 to 200 votes per share and a reorganization of share capital that could i...
    1