Mast Therapeutics, Inc. (delisted) (MSTX) Quote

new discussion board after the merger MSTX SVRA : https://investorshub.advfn.com/Savara-SVRA-32068/

Savara Announces Closing Of Merger With Mast Therapeutics

Commences Trading on Nasdaq Capital Market on April 28, 2017 Under Ticker Symbol "SVRA"

Conference Call Scheduled for Tuesday May 2nd, 2017 at 4:30 p.m. ET / 3:30 p.m. CT
Savara Inc. (PRNewsfoto/Mast Therapeutics)

News provided by
Savara Inc.

16:15 ET

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AUSTIN, Texas, April 27, 2017 /PRNewswire/ -- Savara Inc. (NASDAQ: SVRA), a clinical-stage specialty pharmaceutical company focused on the development and commercialization of novel therapies for the treatment of serious or life-threatening rare respiratory diseases, today announced the closing of its previously announced merger with Mast Therapeutics, Inc. (NYSE MKT: MSTX), under which the stockholders of Savara have become the majority owners of Mast, and the operations of Mast and Savara have combined. The post-merger company, named Savara Inc., is based in Austin, TX and features three inhaled product candidates, each in advanced stages of clinical development. The company will be led solely by Savara's current management team. Two independent members of the Mast board remain on the post-merger board together with all five members of the Savara board. Savara's common stock will commence trading on April 28th, 2017 on the Nasdaq Capital Market under the trading symbol "SVRA".

"Savara's transition to the public market marks a significant milestone for us, and serves as testament to the determination of our team as well as the support of our investors to date," stated Rob Neville, Chairman and CEO of Savara. "Savara's team is passionate about helping those who suffer from rare and debilitating lung diseases and will dynamically pursue opportunities to develop impactful products to treat such conditions. We believe Savara presents an attractive business opportunity with our pipeline of unique products with considerable market potential, as well as significant value-driving clinical milestones."

Savara began the development of AeroVanc in 2010 and is now in preparation for a pivotal Phase 3 study. In July 2016, Savara acquired Serendex Pharmaceuticals adding Molgradex to its pipeline. Molgradex is currently in Phase 2/3 development. With the closing of the Mast merger, Savara adds the Aironite program to its pipeline (also known as AIR001). Savara intends to continue its growth strategy focused on indication expansion, strategic development partnerships and product acquisitions.

In connection with the closing of the merger, Mast effected a 1 for 70 reverse split of its common stock. Post-merger and post-reverse split, Savara has approximately 15 million shares of common stock issued and outstanding with prior Savara stockholders collectively owning approximately 77% of the combined company, and prior Mast stockholders collectively owning approximately 23% of the combined company. Prior to the merger closing, Savara stockholders exercised certain previously issued warrants to purchase Savara shares and invested additional capital into the company, resulting in aggregate net proceeds of approximately $4 million.

Savara's pipeline now includes:

Molgradex, an inhaled nebulized GM-CSF to treat pulmonary alveolar proteinosis (PAP) currently in Phase 2/3 development;
AeroVanc, an inhaled dry-powder vancomycin to treat chronic methicillin-resistant Staphylococcus aureus (MRSA) pulmonary infection in cystic fibrosis (CF) in preparation for a pivotal Phase 3 study; and
Aironite, an inhaled nebulized sodium nitrite solution to treat heart failure with preserved ejection fraction (HFpEF) currently in Phase 2 development.

Select Development Milestones

Completing negotiations with the U.S. Food and Drug Administration (FDA) on the requirements for a pivotal clinical study of Molgradex in the U.S. in Q2/2017;
Initiating a pivotal Phase 3 study of AeroVanc in Q3/2017;
Announcing an indication expansion strategy of Molgradex for the treatment of a rare lung infection in Q3/2017;
Announcing top-line results from a Phase 2/3 study of Molgradex, expected to be registration-enabling in Europe and Japan, in Q1/2018; and
Announcing results from an ongoing Phase 2 study of Aironite being conducted by the Heart Failure Clinical Research Network in H1/2018.

Conference Call and Webcast

Savara will hold a conference call on Tuesday May 2nd, 2017, at 4:30 p.m. Eastern Time / 3:30 p.m. Central Time to provide an overview and business update. Interested parties may access the conference call by dialing (855) 239-3120 from the U.S., (855) 669-9657 from Canada, and (412) 542-4127 from outside the U.S. and should request the Savara Inc. Call. A live webcast of the conference call will be available online from the Investors section of Savara's website at http://www.savarapharma.com/investors/events/. Replays of the webcast will be available on Savara's website for 30 days and a telephone replay will be available through May 9th, 2017 by dialing (877) 344-7529 from the U.S., (855) 669-9658 from Canada, and (412) 317-0088 from elsewhere outside the U.S. and entering replay access code 10104600.

the Mast nightmare's over: merger closed . From tomorrow the ticker will be SVRA and the CEO Neville

management of the merger in Culley's style: awful, as usual

Last hour of MSTX?

pain for long until Culley is the CEO , also the last day or even the last hours.

The website is up and runing i have no problem getting into the site ,,

I would guess they will put out the news after hours ,i am hoping for blow out for a change DREAM BABY GO M $ T X ..........

The website is out of service! Mmm

Any news from the special meeting?

Dreams Due come true sometimes lets hope and dream that this is one of them , Go M $ T X ,,,,

Two things:

1. The increased price if the merger is approved will dilute the retail price. There will be initial pull back.
2. Reverse mergers are 90% plus ineffective.

But in saying that, I wish all of you luck. Penny's are def hard, so the longs deserve this :)

OHH YES new high of the day,,,,,,, i guess someone knows something that we don't know yet ,,,,,,,,,,next we need to break the .1490 mark,,,, LET'S GOOO

Go $mstx let us dream

Break that .1432 high of the day

Don't look back baby .........

OHH YES .14 down keep climbing baby

come on Break that 14 mark

I guess so , might go KABOOOOM

Seems like traders waiting for some kind of update before buying or selling ....

We have to break the resistance wall @.14!!!

http://masttherapeutics.com/investors/news/?releaseid=2264376

I hope they are calling all the shareholders that have not yet voted. Still 2 days to vote

I get that feeling too. The vote has been poorly managed: quite late and inadequately. I hear some votes had not been recorded or not entirely,they did it only after voters recalled.
If it doesn't pass there's a possibility of lawsuit.

Even though I have position in this, I can understand where you are coming from.

Only way MSTX will benefit at this point in my opinion is a buyout not a merger.


Trying to recoup my money and bounce.

Really hope I am wrong, but IMO Cully does not desire merger either. He is just seeking to cover bases because of lawsuits. Then he will began suckering new investors.

I feel like Hillary watching the election results, remembering the popular vote doesnt mean sh*t.

I'd hate to admit, but after the merger news got pushed back to Thursday, I am beginning to doubt if this company has any more left in them to go farther. I am exiting hopefully tomorrow when it bounce.

If you define good by management benefits, share options, salary increase's you are absolutely correct.

If you have been a shareholder here you can not really see any benefit to this stock. RS, 4 offerings, dilution, share count tripling in last 7 years. Add to that nothing but 5 failed drug tests in 7 years with 5 new drugs. If you invested $100 7 years ago, management has absorbed all but a dime.

In all fairness can you share one benefit a long shareholder has experienced?

Even management could not plan a successful merger. Thus far along with every "botched" test they could not achieve one simple goal .... merger. The 90% voting are not voting for merger, RS, or name change. They are voting to get rid of management in a worthless CEO Cully ....period.

* * $MSTX Video Chart 04-21-17 * *

Link to Video - click here to watch the technical chart video

No not really . MSTX good company been I have had for 15 years I would recommend buy .

Thank you pray.
The nightmare continues, let's hope it's only for a few days.

Have spoken to Cully personally twice. He is the type that covers bases for that reason. He know how to take advantage of both shareholders as well as institutions, he has made a life from it.

In the case of Savara, he knows Neville has both character and integrity, two items Cully knows nothing about. Rather than drag a company through needless court costs I personally feel Neville would just walk away to save shareholders money and not wasting time. Cully knowing that has set his scheme into motion. If vote passes he gets bonus and praise, it fails Savara walks away with no major losses. In the second case Cully will wine that shareholders just would not get out to vote, not his fault.

Remember management could also care less about shareholders. Cully has rewarded them with bonuses, options and everything at the cost of shareholders. They will never get rid of Cully, that worthless piece of trash.

It has been several years but I stated when Cully added Air it was because he knew EPIC would fail and he could proclaim "we still have a possible Multi Million Dollar Drug" in pipeline with cash. Well it ended just as I predicted. Epic had a 70-80% success rate by Cully, and after failure no follow up why failure? Why Cully knew failure from start. He controlled it.

Cully is the lowest of scum. He is puse of inner cancer hiding itself until it is to late. There was a "Rodney" on this board couple years back that controlled the boards by deleting any non praise of Cully or Mast. Cully mentioned his name in our second conversation. I personally believe he was employed by Mast to pump Cullys schemes.

I think after today MSTX becomes a going concern with a likely selling of assets and a breakup of MSTX

If this time Cully screws over Savara, Neville and investors will take him to court.

Your definitely right about that. I've been watching Mstx from the sidelines out of curiosity ever since I sold a year ago for a decent profit. Mstx is a cash cow to culley, he doesn't care about shareholder value. If the merger doesn't pass Airs will be just another excuse for him to continue this cycle all over again. R/s, dilution, selling false hope. He needs to be replaced.

Cully screws up again. Seven years ago institutional investment was at 53%. You would not even need shareholders, just institutions vote but because of Cullys first RS, dilution, yearly offering, and share count doubling every year Cully can not even get enough votes for merger.

Five failed drug tests in 5 tries in seven years. Over 95% of votes for merger. Do not believe the lie. The 95% are voting to get rid of this worthless advertisement for a CEO that has taken a dollar invested and given shareholders just over a dime in return.

Let's get out there and VOTE

https://seekingalpha.com/news/3258312-shareholders-back-mast-therapeutics-merger-savara-quorum-yet-tomorrows-special-meeting#email_link

Buys to sells. = 6 to 4.Once people understand progress MSTX is making they will come aboard in numbers.Do your DD this is a winner.

That's a plus for us.It scares some novice buyers and give us time to load up.Wich I did this am In the green already.All I can say is WOW.When this merger takes place we fly.IMO

To date the 44% voted,still not enough to reach the quorum (50% + 1), that are 112 million share-votes out of 255 million shares entitled.
There are therefore 143 million shares without vote, and about 15 million of votes (6%) are still needed for the quorum, likely some hundreds of voters.
I'm not worried because this is not a mission impossible by Friday and surely easy by next week, but Culley's organisation has once again failed!


http://masttherapeutics.com/investors/news/?releaseid=2263203

See your point, would not put it past Culley to somehow screw this up. That is what he is great at.

Read this today .....

"Mast Therapeutics reminds shareholders to vote for the proposed merger with Savara; of the votes received to date, more than 90% are voting in favor of the mergerFont

"The overwhelming majority of Mast stockholders who have submitted their votes have voted in favor of the merger.

However, more votes are needed to meet the required threshold for the merger to be completed," stated Brian M. Culley, Chief Executive Officer of Mast."

Point noted Masala. I respect and understand your decision. Wish you luck and hope we both make a little some some in the weeks to come!

For me selling makes sense, buying back after the split and after the price has stabilized...

Lux1, you make a good and correct point about the R/S. Unfortunately, people don't get the entire R/S thing and assume they are all bad. I've had luck with Reverse Splits in the past, and assuming this merger gets approved , , , it will have a positive effect.

At this point the split ratio is irrelevant. Do you prefer 1 billion shares at one Cent or 10 million shares at one dollar?
It is the same as changing coins in notes, actually a lower float is surely positive for the PPS. In any case it is needed by NYSEMKT rules of the merger that requires 4 or 5 dollar minimum.
Let's think instead of the very positive effects of the merger on this devastated Company: a new pipeline with 3 drugs added and not last a new CEO.

Out today at 1:50 or 1:70 split it doesn't make sense to hold the shares, failure of merger is kind of a scary thought too.....best of luck

the R/S PPS should be $8-$10, to satisfy the AMEX rules of the merger and to attract institutional investors and funds, most of them have $5 as lower limit to invest in the NASDAQ stocks.
IMO

Again, appreciate your response. I have poked around for the info, but not as much to get to thee numbers.

B/R

Shareholders Need To Vote

If you hold or held shares prior to March 15 call 206-265-0326 and ask for Karen.

If you do not vote for merger your vote will be automatic "no." Which is like giving worthless criminal Cully another 7 years to screw investors more.

Also asked her the RS ration. She shared it will be between 50:1 and 70:1 pending on price at vote.

Also asked if I knew shareholders could I give out number. Reply "yes." The number above is for voting purpose only.