Iwillbuy
Posted - 4 hours ago
$ORMP Fuckkkk this Company,
So corrupt this market is!
StockAutomatePro
Posted - 2 days ago
$ORMP Looks like the stock is about to take a nosedive based on the chart. We alerted the SELL signal at $3.04 and we were able to close this one with profit at $2.6 💯
quark_n_jaguar
Posted - 2 days ago
$SCLX $ORMP Translating the Oramed CEO's words below - "we were suckers to get in the middle of this. I hope the investor committee outside bails us out on this investment" 😂 "In our opinion, Scilex has great intrinsic value that is not currently realized, based on the company's growth trajectory, commercial portfolio and infrastructure, and its robust clinical stage pipeline," stated Oramed CEO Nadav Kidron. "We believe that this Senior Secured Note, along with the warrant package, is a favorable outcome to Oramed while also supporting Scilex in executing on its growth opportunities."
Ferrari360
Posted - 3 days ago
$ORMP WARRANT DEAL is we can buy 13 million Shares at 0.01 per share
Ferrari360
Posted - 3 days ago
$ORMP part of the want deal is we can buy 13 million shares of Salix stock for .01 Cent per share
Ainvest_Newswire
Posted - 3 days ago
$ORMP Oramed Pharmaceuticals climbs 12% premarket after securing $101.9M senior secured note Deal with Scilex
Ferrari360
Posted - 3 days ago
$ORMP my opinion of the deal is we're going higher if you don't understand what the deal is you should not be in the stock market
marvessa
Posted - 3 days ago
$ORMP opinions on that deal ?
Ferrari360
Posted - 3 days ago
$ORMP with the latest PR I am delighted I loaded up under three bucks 80 years old and 59 years trading stocks give you a sixth sense I smell money here we are going higher
b54
Posted - 3 days ago
$ORMP Oramed Announces $101,875,000 Short-Term Senior Secured Note Transaction with Scilex Holding Company PR Newswire 6:11 PM ET -- 18-month loan with interest rate of SOFR plus 8.5% -- Oramed receives warrants to purchase up to 17 million shares of Scilex common stock -- The Senior Secured Note with Scilex replaces Oramed's previously announced Stock Purchase Agreement and DIP Term Loan with Sorrento Therapeutics
Rajreddy1240
Posted - 3 days ago
$ORMP what happend here ?
CallMeMyB
Posted - 4 days ago
$ORMP Nothing but a scam. Useless technology.
FlipStink
Posted - 4 days ago
$SCLX $ORMP Why is Oramed getting clobbered if they are getting saved from investing in Scilex? Or does this indicate that the Scilex bid is falling apart, and Oramed will be forced to take Scilex?
Iwillbuy
Posted - 4 days ago
$ORMP Stay away this one smells rotten!
Management not transparent and preforms questionable acts to its investors!
CallMeMyB
Posted - 5 days ago
$ORMP Their science project failed you guys
Iwillbuy
Posted - 5 days ago
$ORMP what a fuccking yo-yo company!
Can’t be trusted!
quark_n_jaguar
Posted - 1 week ago
$SCLX $ORMP Can you imagine what will happen to the price if the SCLX dividends were unlocked now? The auction price of $1.5 from ORMP for SCLX will look terribly over-valued, as it should be. Like someone said, Oramed executives+lawyer just got mugged in that auction. :) Hopefully they learnt a lesson on where they should not go.
Ferrari360
Posted - 1 week ago
$ORMP thank you Bashers and shorters for the cheap shares and the three bucks filled again🎉🎊🎉🤗
CallMeMyB
Posted - 1 week ago
$ORMP Still trash I see. Below $3 now. Not looking good.
quark_n_jaguar
Posted - 1 week ago
$ORMP Hopefully this document (and audio recording) shows how Oramed management completely messed up this Scilex deal. They are throwing away money getting absolutely nothing here. https://cases.stretto.com/public/x228/12086/PLEADINGS/1208609132380000000038.pdf Even many retail investors knew BODs of SCLX and SRNE were almost the same, and something like this (the non-refundable deposit of 8M to Hudson Bay by SCLX), and the quitting of it's directors, and the other financial obligations mentioned in the call as reasons Oramed wanted to backout. How do highly paid lawyers and managers that deal with millions not know these simple things? They just had to literally google Scliex and Sorrento over a few hours to know the history and what could go wrong here.
Iwillbuy
Posted - 1 week ago
$ORMP Fuucckkkkkk this company and It’s management!
Will never trust this low life thieffffffing shit again!
Stay away, they don’t address anything here and they are not transparent with investors….
cctranscripts
Posted - 1 week ago
Securities Transfer Term Sheet, Dated September 11, 2023 Among Scilex Holding Company, Sorrento https://www.conferencecalltranscripts.org/summary/?id=12535767 $ORMP
Iwillbuy
Posted - 1 week ago
$ORMP Joker at best!
👇👇👇
usernameneeded
Posted - 1 week ago
$SCLX Another prediction came true. The vocal outrage among shareholders against the $SRNEQ CRO & Latham worked. The "people poison pill" worked to spook $ORMP. Expect sustained positive news out of Scilex for at least the next 6+ months with continued double digit sales growth & label expansion efforts on its 3 FDA approved products, as well as positive updates on its expanding pipeline. Then there's also bonus litigation prizes! LOL.
quark_n_jaguar
Posted - 1 week ago
$ORMP Oramed management didn't study the SCLX deal and are now trying to back out. Basically a horrible decision, and now they are forced and reduced to provide debt financing like Hudson Bay. https://cases.stretto.com/public/x228/12086/PLEADINGS/1208609112380000000114.pdf Too bad they didn't Google "Scliex" before offerring to buy it. 😂
Iwillbuy
Posted - 2 weeks ago
$ORMP What’s this dude’s motive here?
👇👇👇
usernameneeded
Posted - 2 weeks ago
@quark_n_jaguar Why should it NOT be the case? Delays are the MO for this D-list group of bankruptcy professionals. How many times have they failed to get anything positive done and be late? ALWAYS. The only party that's going to be backtracking are these bankruptcy pros ending up accepting the higher $SCLX bid that they rejected in court (contrary to the wishes of the Equity Committee & Creditor's Committee). $ORMP is still going to end up directly investing in $SCLX, though, and won't really lose anything. THEN, the real battle begins in earnest to either sell/partner certain $SRNEQ assets like RTX and secure exit financing that is the least dilutive to existing shareholders. If Oramed-Scilex-Hudson Bay Capital join forces, it may have a double-edged sword because the competition ends and the collaboration starts. Current shareholders need to be vigilant & team up to ensure there's a decent recovery and no further stealing of equity/assets. EC to the rescue!
usernameneeded
Posted - 2 weeks ago
$SRNEQ Yup. Don't expect the lawyers to submit a plan tomorrow. Expect at least a week or longer delay as $ORMP and $SCLX tussle to improve their bids, with possible backing from bigger parties. That's why the stocks are acting like they are today (along with the great RTX data being released).
usernameneeded
Posted - 2 weeks ago
@Gmanthemagnificent @Ottomtc RTX is a non-opioid analgesic, so it's a natural fit for Scilex's mission. $SCLX, $ORMP, Grünenthal and a number of companies could be interested in buying/partnering/financing RTX.