Scott999
1週前
-$5,283,000 shareholder equity as of Sept 30th. They lost over $6,000,000 last quarter so by now with a bit more than half a month to go in this quarter, they should be hitting -$10,000,000 in shareholder equity.
Next stop…the pinks.
midastouch017
1週前
Pluristem Receives Response from U.S. BARDA for Acute Radiation Syndrome Research Proposal
https://pluri-biotech.com/releases/pluristem-receives-response-from-u-s-barda-for-acute-radiation-syndrome-research-proposal/
At this time, BARDA has chosen not to move forward with the funding of the current proposal. The decision is based on BARDA’s technical considerations as determined by a Technical Evaluation Panel.
Other factors considered by BARDA included BARDA’s current strategic needs, availability of funds and resources, and an aim to balance BARDA’s current portfolio. In its response, BARDA encouraged and invited Pluristem to participate in future relevant BARDA opportunities.
“While we had hoped to receive the funding of the proposal, we understand that at this time there are a set of parameters that led BARDA to this decision.
We will continue to advance our current ARS projects with the U.S. National Institute of Allergy and Infectious Diseases (NIAID), U.S. Department of Defense (DOD), Fukushima Hospital and the University in Japan and pursue additional opportunities and collaborations in this area.
Scott999
2週前
No spin on Midas’ post on how Pluristem is in delinquency for their Nasdaq listing there now FDA? This one ain’t about falling under a buck. But how shareholder equity is at -$5,200,000.
Wow just a short 2 years ago shareholder equity was at $48,000,000. How did they blow through that so quickly. Or the $500,000,000 since inception?
How are they going to regain compliance? Going to have to do a raise of at least $7.5 million just to regain compliance. Then within a month, the 150 employees with fictitious titles will chew through that and lose compliance again. How oh how will they fix this one?
Kaki was hoping the pretend potential stockpiling for ARS was going to pump up the price so they can raise another $50 million. Or the second release in 7 years about those good ole solid tumours. Nothings working for the Kaki. The Chairman of the board that used to sell first aid kits for cars is out of ammo. I heard he’s taking pencils home every night and selling them on eBay. Trying to milk every last penny out of this pig.
How these clowns aren’t all in jail is beyond me. Even if not for breaking some law, just for being two of the most incapable CEO’s ever to exist. They should have gone belly up in 2020 if it weren’t for the gift they got aka Covid. That raise of $50 million certainly padded their pockets nicely. Maybe they should announce another Covid trial.
Freaking jokes, and hopefully the people who pumped this pig for decades, has karma knocking on their door real soon. Hope your kids are proud of you. Oh daddy, when I grow up I want to be a scammer just like you. Pathetic.
midastouch017
3週前
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On November 25, 2024, Pluri Inc., or Pluri or the Company, received a deficiency letter, or the Nasdaq Letter, from the Listing Qualifications Department of The Nasdaq Stock Market LLC, or Nasdaq, notifying the Company that it is not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires the Company to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing on The Nasdaq Capital Market, or the Stockholders’ Equity Requirement, nor is it in compliance with either of the alternative listing standards, market value of listed securities of at least $35 million or net income of $500,000 from continuing operations in the most recently completed fiscal year, or in two of the three most recently completed fiscal years.
Pursuant to the Nasdaq Letter, the Company has 45 calendar days from the date of the Nasdaq Letter to submit a plan to regain compliance and the Company intends to submit such a plan during this period. If it accepts the plan, Nasdaq can grant an extension of up to 180 calendar days from the date of the Nasdaq Letter to evidence compliance. In the event the plan is not accepted by Nasdaq, or in the event the plan is accepted and the 180-day extension period granted but the Company fails to regain compliance within such plan period, the Company would have the right to a hearing before an independent panel. The hearing request would stay any suspension or delisting action pending the conclusion of the hearing process and the expiration of any additional extension period granted by the panel following the hearing.
The Company intends to take all reasonable measures available to regain compliance under the Nasdaq Listing Rules and remain listed on Nasdaq. However, there can be no assurance that Nasdaq will grant the Company’s request for an extension or that the Company will ultimately regain compliance with all applicable requirements for continued listing.
Neither the Nasdaq Letter nor the Company’s noncompliance have an immediate effect on the listing or trading of the Company’s common shares, which will continue to trade on The Nasdaq Capital Market under the symbol “PLUR”.
Oy - Vey