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CNBX Pharmaceuticals Inc (PK)

CNBX Pharmaceuticals Inc (PK) (CNBX)

0.0055
-0.00148
( -21.15% )
Updated: 11:26:58

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buffalo fan buffalo fan 51 minutes ago
Anybody know what is going on with this company, seems pretty silent here
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jjr04001 jjr04001 2 months ago
Bid .0065 ask .014. What a spread
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surf1944 surf1944 3 months ago
Thanks for reply, I tend to stay from pennies & I forgot that was part of the QB requirements. I also have a large position and only look at it on occasion, the reason I have held on this year is simply because the company has not continued to add shares through dilution.
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Bionic Man Bionic Man 3 months ago
You should know the rules of QB. When a company falls under .01 for a period of time they lose their status. Making them just an ordinary stinky pink. I own this and a few others. This one here is pretty dead for now. Iโ€™m hoping it goes up to .02 with big volume so I can dump my million shares.
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surf1944 surf1944 3 months ago
This is the only penny stock that I own so I didn't notice that it lost QB listing when did that transpire?
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EOT EOT 3 months ago
Iโ€™m guessing possibly a merger with bigger company? This company owns a lot of technology and a huge patent portfolio! So I donโ€™t think itโ€™s a dud.

Just keep waitingโ€ฆ..
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Bionic Man Bionic Man 3 months ago
Not sure whatโ€™s going on. I still believe itโ€™s market makers trading amongst themselves, as the volume really isnโ€™t that high. Would be nice to see some news.
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janga janga 3 months ago
So must be a reason that they donโ€™t want to lose QB status must be ready to fly imo
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EOT EOT 3 months ago
Whatโ€™s going on here?

They lost QB then whoever started buying everything availableโ€ฆ. Strange.

They are talking about synergy in the filings. So basically a whole bunch of companies with the same goal sharing interests and technology collaborating as one? Could there be a merger or buyout??? Anyoneโ€ฆโ€ฆthoughts??
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Bionic Man Bionic Man 3 months ago
Thing is there really arenโ€™t any buyers or sellers. I believe itโ€™s all be traded between market makers. There hasnโ€™t been a shred of news forever either.
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EOT EOT 3 months ago
Trying to get it above 1cent so they loose QB
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surf1944 surf1944 3 months ago
Still no increase in the O/S!
Outstanding Shares
31,111,352
10/04/2024
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Bionic Man Bionic Man 7 months ago
I agree, thank you!
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Gnarlyman Gnarlyman 7 months ago
I said a lot about what I thought last fall. When they replaced the original Dr. for the new lady, I had my doubts. GLTU B-man

Itโ€™s OTC so no one ever really knows.
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Bionic Man Bionic Man 7 months ago
I honestly think the only volume here anymore is MMโ€™s trading between each other. We need updates soon, or this is tanking to trips eventually.
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Bionic Man Bionic Man 7 months ago
If they donโ€™t have the same rented space, and DRโ€™s or a DR. left, itโ€™s pretty telling that they probably donโ€™t have much left. Not sure what or if they can be saved. Lack of news isnโ€™t what I wanted.
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Gnarlyman Gnarlyman 7 months ago
Whatโ€™s interesting is 3I hasnโ€™t really added shares for a while and it is still only 30M. We were betting on the OS raises in August or so and thatโ€™s when it first hit 28M, 2 mil adds in 8 months is pretty low.

Gonna see how low it goes since the .01 break happened and whatever was propping it up before appears to be gone.
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Bionic Man Bionic Man 7 months ago
Looks like MMโ€™s are just manipulating the stock. Nothing new here, and this will probably go to .005 soon.
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backtoreality backtoreality 7 months ago
I held in there as ling as I could. I kept a few shares in case they release something good I'll be able to jump back on but definitely issues here.
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Bionic Man Bionic Man 7 months ago
Wow, this company is in huge trouble.
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jwakstock jwakstock 8 months ago
I agree..... may be headed to triple zeros now. I just sold. GLTU
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Bionic Man Bionic Man 8 months ago
Not looking good.
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Gnarlyman Gnarlyman 8 months ago
Down below .01, wondering how long now. Will it be below by days end?
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Gnarlyman Gnarlyman 8 months ago
Popped on my alerts, Iโ€™ve been watching it for a while. Curious if it keeps going or if someone saves it.
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Bionic Man Bionic Man 8 months ago
Looks like this may not hold .01 anymore.
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backtoreality backtoreality 8 months ago
A million shares traded at eod??
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backtoreality backtoreality 8 months ago
Thanks Man, but I f in sold too many shares after that filing because of what happened at abqq.

I should of waited to get a feel for the market reaction and I know you should never buy or sell a huge lot at once.

I noticed right before news hit or the same time there was a big buy with Cbdd and Ilst. That's a sharp investor.
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Gnarlyman Gnarlyman 8 months ago
Well GLTU, Iโ€™m not expecting much, the whole cannabis sector moved today on that huge news. Not sure these guys are in a position to capitalize on anything other than hype since theyโ€™ve never even started Pre-IND meetings with the FDA.

FYI, Iโ€™m not holding the stock, just watching because of the curious ability for it to keep the QB required price.
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Bionic Man Bionic Man 8 months ago
I am also surprised, but great that itโ€™s heading north again. I just donโ€™t trust the market makers with their shares. If it gets past .025Iโ€™ll be looking at buying more
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Gnarlyman Gnarlyman 8 months ago
Supposedly had a cannabis based cancer drug called RCC-133. Now they have 2 employees according to the last filing. Israeli based company with an office in at a law firm in Bethesda,MD. Still baffles me why it is over .01 but maybe it will get interesting on the new DEA marijuana scheduling if it gets final approval. GLTU BTR.
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backtoreality backtoreality 8 months ago
Are they involved in Cannabis do you know?
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backtoreality backtoreality 8 months ago
Low floater for sure! Time for a CEO tweet.
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surf1944 surf1944 8 months ago
CNBX updated the O/S on the 26th with no change, today positive action in CNBX.

Outstanding Shares
31,111,352
04/26/2024
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Gnarlyman Gnarlyman 9 months ago
I donโ€™t follow ABQQ, but I usually avoid most stocks run over in China. GLTU
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backtoreality backtoreality 9 months ago
Thanks for the reply. I thought about your assessment and decided unless that I'd take some of my shares and put it somewhere else that hopefully has better potential. I've been patient long enough with these guys.

The other day ABQQ had a not so great filing and it crashed. But they PRed in March that revs were booming but ended up reporting lame numbers. Can't trust a chinaman I guess.
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Gnarlyman Gnarlyman 9 months ago
I donโ€™t own any, I just follow this stock because Iโ€™m highly curious why it has been propped up above .01.

Thatโ€™s an OTC oddity Iโ€™m interested in watching until it finally falls. If it doesnโ€™t it would confirm to me the directors have a deal with the convertible loan holder to keep it above the .01 threshold to retain their OTCQB rating. Iโ€™m treating it as a learning experience, nothing more really.

If and when I think itโ€™s worth buying I would, but that is currently not the case IMO.

GLTU
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backtoreality backtoreality 9 months ago
If the company is toast why aren't you selling, or any one else for that matter?
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Gnarlyman Gnarlyman 9 months ago
This company is toast, sorry, they sold the lab according to the filing and only have the 2 officers as employees accumulating salary debt.

All the drugs they pimp havenโ€™t changed. And they still havenโ€™t completed the Phase 1 FDA Pre-IND submission. The canโ€™t afford it.

From filing:

We are currently identifying potential contract research organizations and clinical trial centers to conduct the Phase I/II(a) human proof of concept study, which is estimated to cost $6,500,000. As of the date of this filing, however, the Company does not have sufficient funds to complete the Phase I/II(a) study.

Subject to the results from our Phase I trials, we plan to submit an IND to the FDA for RCC-33 with the clinical protocol for a Phase II double-blind placebo controlled clinical trial evaluating RCC-33 in patients with CRC at various dosing levels versus placebo. The outcomes from the planned Phase II human proof of concept trial will inform our decision regarding further steps in the clinical development of RCC-33.
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backtoreality backtoreality 9 months ago
Yeah baby I'm locked and loaded!

I like Fireworks. Thank you!
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jwakstock jwakstock 9 months ago
10-Q out. Very impressive 10-Q as the company has a lot of drugs on the pipeline to start Phase I/II this year (there is one underway in the 1st qtr of 2024). Plus they made a profit in this qtr compared to a big loss in 2023. 2024 is the year for this company. No changes in outstanding shares. Must be the only company with a tiny 31M float and lots of upside potential. Fireworks are about to begin. CNBX
http://archive.fast-edgar.com/20240416/A322M22CZ22HW9Z2222H2ZYZ3LPS8ZK2S262
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backtoreality backtoreality 9 months ago
It's amazing the share price remains north of a penny. I think once maybe twice it went south for a minute.

I'm not a fan of penny flippers, that's why otc stocks don't have good runs anymore in my opinion.
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EOT EOT 9 months ago
Someone has been flipping it successfully from .11 then dumping at .014 continuously lol.

The company or website hasnโ€™t been updated in years-since 2022. SMH
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backtoreality backtoreality 9 months ago
That's because so many shares have been bought in this range, one tweet and Wow!
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gypsy11 gypsy11 9 months ago
This stock will move quickly once the company makes some significant progress. We can only hope that is sometime soon as we havenโ€™t heard much lately.
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surf1944 surf1944 9 months ago
CNBX updated the O/S on Friday the 5th with no change, then today there is positive action in CNBX.

Outstanding Shares
31,111,352
04/05/2024
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backtoreality backtoreality 9 months ago
Thanks for posting. Got to get that monkey off our back. Then maybe the ceo will make a showing with healthy news.

If so surely we'll pass a dime/shr.
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surf1944 surf1944 9 months ago
There has been no increase the O/S count for months, but I believe that may change soon, that was likely the note holder selling yesterday.

Market Cap Market Cap
342,225
04/04/2024
Authorized Shares
900,000,000
03/28/2024
Outstanding Shares
31,111,352
03/28/2024
Restricted
733,640
03/28/2024
Unrestricted
30,377,712
03/28/2024
Held at DTC
30,367,900
03/28/2024
Float
4,196,841
05/26/2023
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Bionic Man Bionic Man 9 months ago
Still holding 1 million shares. Hoping it goes back to .05-.10 with good news.
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GoResearch GoResearch 9 months ago
Still holding 320K shares.
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surf1944 surf1944 9 months ago
Holding 500K shares, just waiting for some news, the O/S count has not increased for a few months which is a good sign, this is the only OTCBB stock that I own.
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