{"id":5312,"date":"2014-11-29T11:13:01","date_gmt":"2014-11-29T11:13:01","guid":{"rendered":"\/?p=5312"},"modified":"2014-11-29T11:26:17","modified_gmt":"2014-11-29T11:26:17","slug":"tapimmune-inc-otcmktstpiv-stirred-up-by-the-media","status":"publish","type":"post","link":"\/articles\/tapimmune-inc-otcmktstpiv-stirred-up-by-the-media\/","title":{"rendered":"TapImmune Inc. (OTCMKTS:TPIV) Stirred Up by the Media"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/88\/88674\/tpiv_6m_450x350.png\" border=\"0\" width=\"400\" height=\"311\" \/>Apparently, TapImmune Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TPIV\">TPIV<\/a>) has drawn the attention of quite a lot of websites and other media outlets. More than a few articles have been published over the last few months and there have also been some interviews with Glynn Wilson, the company CEO.<\/p>\n<p>People are interested in <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TPIV\">TPIV<\/a><\/strong>&#8216;s business and this, in turn, means that a lot more eyes are now focused on the stock. Unfortunately, the performance is hardly stellar. In fact it&#8217;s quite disappointing.<\/p>\n<p>Between September 11 and October 16, for example, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TPIV\">TPIV<\/a><\/strong> lost <strong>more than 60% of its market cap<\/strong> when it fell from just over $1 per share to less than $0.40. It would appear that the $0.40 mark is still putting up a fight. Although the ticker broke through it at the beginning of the week, it slipped by around 5% on Wednesday and it&#8217;s currently sitting at $0.39. Nevertheless, many people probably believe that the increasing volumes will manage to stabilize the performance a little bit. If that is to happen, however, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TPIV\">TPIV<\/a><\/strong> will need to show us something more than news coverage. Thankfully, things seem to be moving in that aspect as well. <\/p>\n<p>On November 18, the company announced that, in collaboration with The Vaccine &amp; Gene Institute of Florida, they will be conducting the Phase II human trials for the treatment of breast and ovarian cancer.<\/p>\n<p>Hopefully, the trials will go without a hitch and hopefully, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TPIV\">TPIV<\/a><\/strong> will soon start generating revenues. If they don&#8217;t, the continuing losses could soon start to put quite a lot of pressure on the balance sheet. The latest 10-Q, by the way, suggests that this process has already begun. On September 30, the company had an accumulated deficit of around $86 million and:<\/p>\n<ul>\n<li>$613 thousand in cash<\/li>\n<li>$643 thousand in total assets<\/li>\n<li>$1.3 million in current liabilities<\/li>\n<li>a quarterly net loss of around $1.5 million<\/li>\n<\/ul>\n<p>On the bright side, during the first nine months of the year, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TPIV\">TPIV<\/a><\/strong> managed to eliminate a large portion of the current liabilities. Unfortunately, this has led to another problem &ndash; <strong>dilution<\/strong>.<\/p>\n<p><strong>Around $4.25 million worth of principal and accrued interest was converted into 14,386,000 shares of common stock<\/strong>. When you check out the O\/S count, you&#8217;ll see just how much pressure this has put on <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TPIV\">TPIV<\/a><\/strong>.<\/p>\n<p>The company effectuated a reverse split in February and immediately after it, the number of issued and outstanding shares stood at around <strong>1.4 million<\/strong>. On November 17, it was sitting at a little over <strong>19.6 million<\/strong>.<\/p>\n<p>That&#8217;s not the only problem. As you might have calculated already, the aforementioned 14,368,000 shares were issued at an average conversion rate of <strong>just $0.29 per share<\/strong>. This was quite a bargain back when the stock was sitting comfortably above the $1 per share mark, but even though it is now way below these levels, there&#8217;s still room for a hefty profit.<\/p>\n<p>It should be noted that according to the latest 10-Q, there wasn&#8217;t any convertible debt left at the end of Q3 and we certainly hope that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TPIV\">TPIV<\/a><\/strong> will manage to keep things that way. More dilution could prove to be absolutely catastrophic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apparently, TapImmune Inc. (OTCMKTS:TPIV) has drawn the attention of quite a lot of websites and other media outlets. More than a few articles have been published over the last few months and there have&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1585],"class_list":["post-5312","post","type-post","status-publish","format-standard","hentry","category-news","tag-tpiv"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=5312"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5312\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=5312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=5312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=5312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}