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Capster 77 Private ID: 73878426
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    Capster 77 commented on
    2
    $Tonix Pharmaceuticals (TNXP.US)$
    LOL let's calm down now people! Let's not forget that this "rocket ship" has flown all the way back to .11 pre-split!
    Nothing will happen until we get concrete news about any of the drugs under consideration or something like a distribution deal etc. Has to be real and concrete news not more fluff about , investor conferences or hiring of employees.
    I will stay long with pre-split shares I bought and didn't sell, only because I made good money trading ...
    2
    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, ...
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