COCP ??

Deleted
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COCP ?? Sept 3, 2016 15:07:03 GMT jb and investobefree22 like this

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Post by Deleted on Sept 3, 2016 15:07:03 GMT

Doc and the other insiders dumped some more cash into this one, I reckon 96% of the O S isn't enough for them.

This duz however, tell us that something went wrong with the previous plan to sell a bunch of it to some 'tute. When they cancelled that public offering, I figured it must be sumpthin like that. Doesn't hurt anything to wait, but it likely will delay getting a broader share holder base.

Very nice move on the price - the public likes it, when the players add again. I think this one will pay off big-time, but it might well be some time before we see that.

C L

Deleted Deleted Member Posts: 0 May 19, 2024 7:37:16 GMT	COCP ?? Sept 3, 2016 16:18:27 GMT jb, thought013, and 1 more like this Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Deleted on Sept 3, 2016 16:18:27 GMT Only 4 percent of the public can like it . Cl quite a few people saying nice move to the stock price yesterday . It all depends on your cost basis !!!

jb
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OPKO Investment: Long
Sentiment: Neutral
Recommendation: Hold

COCP ?? Sept 3, 2016 16:38:54 GMT thought013 likes this

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Post by jb on Sept 3, 2016 16:38:54 GMT

BOTHELL, WA and ATLANTA, GA -- (Marketwired) -- 09/02/16 -- On September 1, 2016, Cocrystal Pharma, Inc.(OTCQB:COCP) (the "Company") closed on proceeds of $4,008,201 in a private placement offering (the "Offering") of 9,776,100 shares of the Company's common stock at a purchase price of $0.41 per share. The purchasers included three members of the Company's board of directors, including Chairman Dr. Raymond F. Schinazi
, Interim Chief Executive Officer Dr. Gary Wilcox
, and Dr. David Block
. In addition, OPKO Health, Inc., of which the Company's director Dr. Phillip Frost
is Chairman and Chief Executive Officer, invested in the Offering.

Cocrystal is a clinical stage biotechnology company. The Company has satisfactorily completed the human clinical safety profiling of its pan-genotypic non-nucleoside hepatitis C virus (HCV) polymerase inhibitor (CC-31244) and has progressed to a trial in HCV infected persons. "It is an exciting time at Cocrystal as we continue to advance our science programs and clinical trial. We are grateful for the continued support of our dedicated staff and investors in helping us to achieve our goal of developing promising, novel antiviral pharmaceuticals for unmet medical needs," stated Dr. Wilcox. The Company has recently added a hepatitis B program to its portfolio using the revolutionary gene editing technology CRISPR/CAS9 to seek novel methods of treating and potentially curing this disease that the World Health Organization estimates is infecting over 240 million people worldwide. Currently, no cure exists for acute hepatitis B infections

Read more: www.nasdaq.com/press-release/cocrystal-pharma-receives-investment-through-private-placement-20160902-00251#ixzz4JDBty08J

c2crusher
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Posts: 1,171

COCP ?? Sept 3, 2016 21:10:49 GMT

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Post by c2crusher on Sept 3, 2016 21:10:49 GMT

CL - Interesting hypothesis.

But could it be they are delaying the R/S and secondary because they are waiting on some other event.
An event that would create a lot of positive buzz and greater demand for the stock at a much higher valuation.
Thereby maximising their balance sheet but minimising dilution.

Really not sure.

But bullish sign nonetheless putting their own money up considering how much most of them have already!

Crusher

Chuck-2 Supreme Member Posts: 691 OPKO Investment: Long Sentiment: Bullish Recommendation: Buy Sept 30, 2015 17:29:02 GMT	COCP ?? Sept 3, 2016 23:45:43 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Chuck-2 on Sept 3, 2016 23:45:43 GMT Maybe they want to own a large percentage because it will get diluted over time??

c2crusher Legendary Posts: 1,171 Oct 1, 2015 18:28:02 GMT	COCP ?? Sept 4, 2016 0:37:06 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by c2crusher on Sept 4, 2016 0:37:06 GMT That's a possibility as well. OTWT. Crusher

c2crusher Legendary Posts: 1,171 Oct 1, 2015 18:28:02 GMT	COCP ?? Sept 4, 2016 1:35:41 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by c2crusher on Sept 4, 2016 1:35:41 GMT The private placement was $4 mil. The market cap is $360 mil. That's only 1%.

opkfrostfan Supreme Member Posts: 690 Sept 30, 2015 17:48:29 GMT	COCP ?? Sept 4, 2016 15:24:02 GMT icemandios likes this Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by opkfrostfan on Sept 4, 2016 15:24:02 GMT The new investments would certainly have been made knowing how the fast paced Canadian clinical trial is progressing.

c2crusher Legendary Posts: 1,171 Oct 1, 2015 18:28:02 GMT	COCP ?? Sept 4, 2016 16:57:05 GMT investobefree22 likes this Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by c2crusher on Sept 4, 2016 16:57:05 GMT Agreed. If anyone is in the know its them. Crusher

investobefree22 Supreme Member Posts: 591 OPKO Investment: Long Sentiment: Bullish Recommendation: Hold Oct 1, 2015 10:55:24 GMT	COCP ?? Sept 4, 2016 17:18:43 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by investobefree22 on Sept 4, 2016 17:18:43 GMT I agree but they were also purchasing in the .90's

miamianne67 Invincible Can't you see it? Posts: 5,176 Sept 30, 2015 16:48:33 GMT	COCP ?? Sept 7, 2016 13:15:20 GMT thought013 likes this Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by miamianne67 on Sept 7, 2016 13:15:20 GMT So far in the hole, and will be po'd by a RS...but I looked at the players and will continue to hold.

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Post by Deleted on Sept 3, 2016 15:07:03 GMT

Post by Deleted on Sept 3, 2016 16:18:27 GMT

Post by jb on Sept 3, 2016 16:38:54 GMT

Post by c2crusher on Sept 3, 2016 21:10:49 GMT

Post by Chuck-2 on Sept 3, 2016 23:45:43 GMT

Post by c2crusher on Sept 4, 2016 0:37:06 GMT

Post by c2crusher on Sept 4, 2016 1:35:41 GMT

Post by opkfrostfan on Sept 4, 2016 15:24:02 GMT

Post by c2crusher on Sept 4, 2016 16:57:05 GMT

Post by investobefree22 on Sept 4, 2016 17:18:43 GMT

Post by miamianne67 on Sept 7, 2016 13:15:20 GMT

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