The Corporate Presentation was updated on 7/2 and it states "We are currently waiting for 298 events (deaths) in the two main groups to prove an overall survival benefit. "
Big Day on 6/28! Over 3M Shares put into the Russell 2000 and related indexes for 1 YEAR!!
PR from CEL-SCI ABOUT JOINING THE R2K INDEX HERE
There was massive Index buying afterhours on June 28th and over 3M shares are now locked down for 1 year. They are now effectively removed from the float.
This decreases the supply. What happens to prices when supply decreases?
Dr Miroslav Reljanovic, Executive Chairman of the Company, purchased 200K shares ($775K USD) on 6/24. Add this to the recent purchases by the COO and CFO brings the total to over $1.2M USD of Insider transactions in the past weeks.
Insider transactions details HERE
For a Deep Dive on the Ergomed and CEL-SCI relationship, please read this Article HERE
Why is a Biotech with limited cash resources hiring 4 operational positions? Why would they incur the costs to hire, train and pay new employees this late?
Why do they think they need OPERATIONAL positions?
This is not normal...This is BULLISH!!!!!
On 6/3, Geert bought MORE! He bought another $25K
On 5/7, Geert "purchased another $100,000 worth of restricted CEL-SCI stock at $6.86 directly from the Company at the full market price. Several others from our senior management team and one member of the Board of Directors have joined Geert and purchased another $110,000 worth of CEL-SCI stock on the same terms. "
Furthermore, on 5/21 Peter Young bought another $10K on the open market.
On 3/29/19, Cel-Sci released a PR stating that the IDMC has done their recent interim review and they made the following recommendation:
"continue the trial until the appropriate number of events have occurred."
This is a big fucking deal! At this point in the 8 year study, they have about 95% of all the data. They would know if the study was futile or not. If it was futile, they would have shut it down.
In the last 2 weeks the IDMC has shut down 3 trials for FUTILITY. CVM just had the IDMC review their Phase III study for futility and recommended the trial should continue. The 3 PRs link below are from the 3 recent trials that were just shut down:
CEL-SCI operates its own 73,000 sq. ft. manufacturing facility and produces Multikine for its clinical trials. About $100M was spent on the manufacturing plant, development and validation.
Manufacturing in-house helps them protect their IP and allows for more control when working with the FDA and other regulators to secure approval of Multikine.
Read All About the Recent Tour to the Facility HERE
Institutional Interest continues to grow and grow...
Complete Listing HERE
Some Highlights from last Q:
Full Details on the Tutes Page
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