Member Info for LordSnooty

good to hear from you, I thought you would have dumped out of your substantial holding years ago. Most of us still here, we wait, we wait and we wait again. With EPO Oz third cohort results due this month, perhaps our ocean liner will finally dock at NASDAQ soon. But in the meantime we continue to lose or gain ten percent a day on the basis of a few hundred shares. The IPO price will be what the underwriters and the IIs think appropriate - probably bearing little relation to current SP. Once on NASDAQ we should have no problem trading this stock for little more commission than we pay for a UK-based company. I think you mean is Leeson. Unfortunately, though he was sent on a trip to Mars by Elon Musk a few weeks ago, the spacecraft failed to explode on takeoff but returned to Earth. We again suffer the consequences.

in the old dog?

get us onto NASDAQ so that we might be spared any more Leeson jokes.

Leeson.

since we qualified for NASDAQ on the $4 and time fronts - silence. Are we even sure this is not just some parallel universe in which we are stuck for eternity, listening to Leeson's jokes?

if you can find a vaccine: http://www.independent.co.uk/life-style/health-and-families/health-news/zika-more-than-two-billion-people-at-risk-of-catching-virus-around-the-world-study-shows-a7221636.html

and two items of good news last week have certainly ignited a frenzy on OTC: yesterday, 1 share traded. So far today: zero.

Weds 24th August, is business day 60 after application went in on 1st June, excluding public holiday on 4th July; what chance of SEC NASDAQ listing approval shortly?

I think we can do better than that - it's tempting to lower the sights, I know, because we've become so used to the lack of progress and dearth of news. But we're assuming it will always be like this. There are no guarantees of course, but I reckon once SEC approval comes - perhaps as early as next week - we might get more items of trial news which will support the IPO and, who knows, give us a spike so that those anxious to exit can do so.

Blow one down - it's Leeson, resurrected from beyond the planets; one had hoped that rocketship XBIO was transporting him permanently to Andromeda.

Coppers

"In March 2016, the Company engaged an investment banking firm to assist with a proposed sale of the Company’s securities. Though a positive outcome cannot be assured, as of this filing the Company is in late-stage negotiations to effect a public offering as described herein. The Company is optimistic that it will be successful in obtaining financing; however there can be no assurance that it will be able to do so or, if it is able to, that is can do so under commercially reasonable terms. In the event the Company is unsuccessful in this proposed sale, the Company will plan to rely upon proceeds from the sale of up to an additional $6.0 million in securities to PJSC Pharmsynthez (“Pharmsynthez”) as provided for in the November 2015 Asset Purchase Agreement with Pharmsynthez and AS Kevelt (“Kevelt”)."

Going to plan, Clem? What plan is that, and when did ANYTHING ever go according to plan with XBIO?

One can only hope that there is method to this madness and that Scott has all his drug trial and licensing ducks in a row for after we finally get uplisted - if we ever do. But that's just wishful thinking, without any evidence to support. Indian EPO is now a month and a half overdue, Oz EPO is due within six weeks.

Don't go blaming the messenger, old boy.

to trash this stock - 2100 shares will do it: http://www.consumereagle.com/xenetic-biosciences-incorporated-otcmktsxbio-sellers-increased-by-175-their-shorts/96610/

Up three days out of the last four - unprecedented!

Clem - there's still a chance we can do well in this stock, but it's looking like we'll have to hold another year or two to derive the full benefit. You already know my thoughts on how badly let down we have been, stuck on the living death of OTC. As you say, there's little we can do now, especially as Maguire and the Board are in total lockdown in the run up to NASDAQ, but once we are finally up listed, I hope we will at least have the opportunity to register our dissatisfaction. Small compensation for years of going nowhere, I know.

Small chance of any special treatment, I fear. I think someone broached that subject last year and was quickly disabused of any fantasies in that direction. The best we might hope for is an allocation of the IPO, with its warrants, to existing shareholders, but personally I have neither the cash available any more, nor really the inclination to throw more money into the fire if I had. After all, if you still believe in the story, what's $4.44? 13c in old money, below the 15c options dished out last year and way below how low we ever fell on AIM - if you were that keen, you might as well buy now rather than at the IPO.

Parps - thanks for that, note 2 (B) in your 09:23 post would seem to indicate you are right, since the reverse split only took place on 1st June, so prior to that we were clearly below $4. I make sixty working days the 24th August, due to the July 4th holiday. As you'll see from my post yesterday, the longer this saga drags on, the more it becomes apparent that we were badly let down and, as you say, kept uninformed by our Board. However, with more than 80% of shares in issue held tightly, we are and have always been expendable, despite the efforts that Mr Maguire used to make to communicate with us, before the current blackout began. I only hope that there is some decent news being held back to support the IPO, so that we can get out of this interminable mess with at least a little of our money intact.