CNBX Pharmaceuticals Inc (PK) (CNBX) Quote

70 million traded on the 2nd and 110million traded on the third. Something going on? Possible change in control coming? Looks like CNBX was failing to get anything done and ran out of money, so why the big volume spike? Something must be up.

Maybe. I was on vacation that day and missed the run! I cannot believe it haha !

move back over .006?

Don't know. Just bought in on a volume spike as a speculative bet.

What happened here? Short squeeze? fidelity is not allowing buy orders on this stock.

.006 in 10 min 

Yes, this is why I was hopeful that volume a couple of weeks back had something to do with a change of control of the company. If I was wrong, it's a total loss for now. If that hunch is right, there could be a big jump for a low floater with any positive change in control.

Bad stock.

They gave me a canned email, 11 quarters, no PR. Looked at more of their patents. More abandoned than active. Company leadership is jumping to new companies

https://www.linkedin.com/in/eyal-barad-4b6162236/recent-activity/comments/

"I’m happy to share that I’m starting a new position as Chief Financial Officer at NewPhotonics!"

https://patents.google.com/patent/AU2016268526B2/en?inventor=Eyal%20Ballan&assignee=Cannabics%20Pharmaceuticals%20Inc

https://patents.google.com/patent/US20230190844A1/en?inventor=Eyal%20Ballan&assignee=Cannabics%20Pharmaceuticals%20Inc

https://patents.google.com/patent/EP3304085B1/en?inventor=Eyal%20Ballan

https://patents.google.com/patent/WO2023062634A1/en?inventor=Eyal%20Ballan

https://patents.google.com/patent/WO2021245677A1/en?inventor=Eyal%20Ballan

https://patents.google.com/patent/WO2002029031A2/en?inventor=Eyal%20Ballan

https://patents.google.com/patent/EP3304085B1/en?inventor=Eyal+Ballan

Yes, I'm working repairing a laptop, had to rip the thing apart to install new charge port. I'm drafting some questions.

Nice. Be interesting to see what he says if he replies.

I gambled in here for a small load speculating that that volume a bit ago might be to do with a change of control. No more volume indicating that since. I may have been wrong because they did have income from convertible loan. Maybe that's what the volume was - financiers dumping into the float.

The filings of the co suck. They have no money and can't get a loan. Their reference to trials in the recent Q was for 2023. R&D expense dropped between 2024 and 2025 because they are out of money.

I am just hoping for a change of control in the hope that a better co is merged in to what looks like it may become a shell.

Copied from recent filing:

'Liquidity and Capital Resources during the Six Months Ended February 28, 2025 compared to the Six Months Ended February 29, 2024



We used cash in operations of $90,741 for the six months ended February 28, 2025 compared to cash used in operations of $196,244 for the six months ended February 29, 2024. The negative cash flow from operating activities for the six months ended February 28, 2025 is primarily attributable to the Company's net loss from operations of $104,140, offset by convertible loan valuation in a total of $7,313, an increase in accounts payables and accrued liabilities of $6,102.



We had no cash flow from investing activities during the six months ended February 28, 2025, compared to cash earned from investing activities of $18,804 for the six months ended February 29, 2024. For the six months ended February 29, 2024 the cash flow was from realization of equipment of $20,000 off set by purchase of fixed assets in the aggregate amount of $1,196.



We earned cash in financing activities of $110,000 for the six months ended February 28, 2025 compared to $24,993 for the six months ended February 29, 2024. The cash is from convertible loan proceeds.



We will have to raise funds to pay for our expenses. We may have to borrow money from shareholders, issue equity or enter into a strategic arrangement with a third party. There can be no assurance that additional capital will be available to us. We currently have no arrangements or understandings with any person to obtain funds through bank loans, lines of credit or any other sources. Since we have no such arrangements or plans currently in effect, our inability to raise funds for our operations will have a severe negative impact on our ability to remain a viable company.'

Huzzaah

I think I did achieved something.

https://www.otcmarkets.com/stock/CNBX/disclosure

Well done. It will be interesting to see if they respond.

It would seem that I'm making contact with real human beings behind the company.

OS has gone up over the last filings. Shows 70m+ on otcmarkets at the moment. Hopefully they're done selling and our timing is good.

The study on the bottom right shows shares are being accumulated.

Done the same today. Just a small position. Thinking it might be change of control as 30m (the entire float) traded the last few days without moving the bid down. It’s almost like someone was waiting on the bid to take the lot.

I bought this stock because I got an unusual volume alert with TDA.

Unusual to get 20 M volume and not drop the bid much when the float is 30M ish

Bought some shares.

Still with this tiny float....

https://www.stockscores.com/charts/charts/?ticker=cnbx

Why the dump?

A little positive volume

Anybody know what is going on with this company, seems pretty silent here

Bid .0065 ask .014. What a spread

Thanks for reply, I tend to stay from pennies & I forgot that was part of the QB requirements. I also have a large position and only look at it on occasion, the reason I have held on this year is simply because the company has not continued to add shares through dilution.

You should know the rules of QB. When a company falls under .01 for a period of time they lose their status. Making them just an ordinary stinky pink. I own this and a few others. This one here is pretty dead for now. I’m hoping it goes up to .02 with big volume so I can dump my million shares.

This is the only penny stock that I own so I didn't notice that it lost QB listing when did that transpire?

I’m guessing possibly a merger with bigger company? This company owns a lot of technology and a huge patent portfolio! So I don’t think it’s a dud.

Just keep waiting…..

Not sure what’s going on. I still believe it’s market makers trading amongst themselves, as the volume really isn’t that high. Would be nice to see some news.

So must be a reason that they don’t want to lose QB status must be ready to fly imo

What’s going on here?

They lost QB then whoever started buying everything available…. Strange.

They are talking about synergy in the filings. So basically a whole bunch of companies with the same goal sharing interests and technology collaborating as one? Could there be a merger or buyout??? Anyone……thoughts??

Thing is there really aren’t any buyers or sellers. I believe it’s all be traded between market makers. There hasn’t been a shred of news forever either.

Trying to get it above 1cent so they loose QB

Still no increase in the O/S!
Outstanding Shares
31,111,352
10/04/2024

I agree, thank you!

I said a lot about what I thought last fall. When they replaced the original Dr. for the new lady, I had my doubts. GLTU B-man

It’s OTC so no one ever really knows.

I honestly think the only volume here anymore is MM’s trading between each other. We need updates soon, or this is tanking to trips eventually.

If they don’t have the same rented space, and DR’s or a DR. left, it’s pretty telling that they probably don’t have much left. Not sure what or if they can be saved. Lack of news isn’t what I wanted.

What’s interesting is 3I hasn’t really added shares for a while and it is still only 30M. We were betting on the OS raises in August or so and that’s when it first hit 28M, 2 mil adds in 8 months is pretty low.

Gonna see how low it goes since the .01 break happened and whatever was propping it up before appears to be gone.

Looks like MM’s are just manipulating the stock. Nothing new here, and this will probably go to .005 soon.

I held in there as ling as I could. I kept a few shares in case they release something good I'll be able to jump back on but definitely issues here.

Wow, this company is in huge trouble.

I agree..... may be headed to triple zeros now. I just sold. GLTU

Not looking good.

Down below .01, wondering how long now. Will it be below by days end?