Sophiris Bio Inc (SPHS) News

SPHS: effective April 12,2022 FINRA will suspend the CUSIP and delete the ticker.

https://otce.finra.org/otce/dailyList?viewType=Deletions

Still don’t see a reason why this is increasing

13 days to file something maybe a spec play that the company will revive itself not sure i

Why the increase today, an effort to prevent the 50/200 cross? No news no otcm change

Running out of real estate September 25th and then for non pink current

“Sophiris Bio To Shut Down Operations

PR Newswire

SAN DIEGO and VANCOUVER, British Columbia, May 18, 2020

SAN DIEGO and VANCOUVER, British Columbia, May 18, 2020 /PRNewswire/ -- Sophiris Bio Inc. (OTCQB: SPHS) (the "Company" or "Sophiris"), today announced that its board of directors has formally approved an immediate shutdown of the operations of the Company. The Company has been unable to find a partner or raise capital to support the continued development of topsalysin in either benign prostatic hyperplasia or localized prostate cancer.

"We have conducted an extensive year long process with the assistance of an experienced financial advisor to identify potential strategic buyers and partners to support the continued development of topsalysin," said Randall E. Woods, president and CEO. "During the process, we had contacts with more than 70 strategic and financial parties including biopharma companies, healthcare investment funds and strategic financing companies. We held discussions, including management presentations and more extensive due diligence, with many of these parties and the process, regrettably did not result in any actionable transaction."

The Company's outstanding debt exceeds its assets. The Company's lender has a security interest in and lien on all of the assets. The Company currently has outstanding liabilities of $4.3 million and cash and cash equivalents of approximately $0.5 million. The Company will not have any funds to distribute to the shareholders.

The Company will immediately begin to initiate the process of shutting down the Company.“

https://www.otcmarkets.com/stock/SPHS/news/Sophiris-Bio-To-Shut-Down-Operations?id=262400

Maybe if it gets low enough the product that couldn’t sell the first time around might look attractive to a potential buyer

Heading to sub penny soon maybe by thurs

The board ticker is not updating, secondly the monthly 50 day moving average is heading south and will likely cross the 100 day moving average this week. I think this will be .0008 soon and how is the company not in bankruptcy?

Biden’s tax proposal is putting a damper on M and A activity. 40% capital gains this stock is going much lower from here imo, GLTA

GLTA

GLTA

georgie18Yesterday at 1:18 PM
SPHS...0585...Plus... 120%...just hit my alert...for my buy from last year...

georgie18 Friday, 06/05/20 05:42:01 AM
Re: KILLERMIKE post# 2944 0
Post #
2945
of 2955
SPHS...007...Reversal Hammer...added here on the Oversold Pincher...Open Gap...02/20Range...

NAZ Delist and currently winding down affairs but still some great trades are possible...imo...we shall see...

Chart...http://schrts.co/nzJWtJzw ...

I dont recommend to buy but it's definitely a hold. The drug works and surprises here can happen. I hold strong

1.2 mill volume

Why we paying SPHS any attention here..? 5/18/20 Sophiris Bio To Shut Down Operations. Board of directors has formally approved an immediate shutdown of the operations of the Company. The Company's outstanding debt exceeds its assets. The Company's lender has a security interest in and lien on all of the assets. The Company will not have any funds to distribute to the shareholders.

https://finance.yahoo.com/news/sophiris-bio-shut-down-operations-200500741.html

WHITTENHALLJR good to see you here, room is empty. party has not started, will you be the DJ here?.

Yep...there's a dropdown on IHUB's quote where you can switch to USOTC (PK) from NASDAQ and get the current quote---see here:

https://ih.advfn.com/stock-market/USOTC/sophiris-bio-pk-SPHS/stock-price

https://ih.advfn.com/stock-market/NASDAQ/sophiris-bio-SPHS/stock-price

Ahhh thanks .0117 I see on my TD Ameritrade

SPHS was delisted from the NASDAQ on March 12th when it's PPS was .23...IHUB's quote has not updated from that date...SPHS is currently quoted and trading on the OTCMarkets--da pinks...

Why is this stuck at $.23? Is it not trading

The rose bush is in full bloom, how many flowers can it grow? I am patiently waiting on this one. She had $4 at her high in last three years.

WOW, no one is paying attention here

SPHS...007...Reversal Hammer...added here on the Oversold Pincher...Open Gap...02/20Range...

NAZ Delist and currently winding down affairs but still some great trades are possible...imo...we shall see...

Chart...http://schrts.co/nzJWtJzw ...

Pay attention here, something is up with this one.

Oversold. Should bounce nicely from here on it’s way to .10 plus

Needs more kaboom

SPHS huge gap above .10. Volume means good trade

Needs a lot more volume...

Hey bro sorry I didn't get back with you I don't have PM and ran out of posts earlier. Gonna check out CWN* and hope you got good entry here. How high you think this can go? I don't have free funds now but maybe can free up some. Holding some AAW* which I think will go up big too. You think we see .10+ here?

Kaboom day here

Solid close. .02 break and hold tomorrow.

Let's close above .02 today. Break .05 tomorrow.

Weee. More in store me thinks. Much more.

Weeeeee cashes it for a friend

L2 looks very thin for a bounce back up here.

Welp.... lol

Break through those .02s and it's game on.

Let’s do this!

Big wall at .018.

Small amounts on the ask. Won't take much to get this over .03 for good.

Nice one for Bottom fishers

Agreed. Slow and steady. Nice accumulation and building strength for next leg up.

Just the first leg imo

Bids creeping up. Very solid trading here.

Almost broke out...nice move though.

Already almost passed Friday's volume with majority traded over .01.

.10+ maybe this week.

Think they know where this is going! Likely only day one here. Big accumulation!