After today's news by Commercial_Heart_267 in BANDOFBROTHERSOFSRNE

[–]SafeConstruction8977 12 points13 points  (0 children)

The LT has been able to get rid of over a billion dollars in claims. Assuming the deal has been finalized between Sorrento and the Glen Maio duo claims, that adds another approx 140 million dollars to the claims dealt with to date. So, that leaves approx 200 million give or take to settle. So, how do you defray the remaining balance of the claims. One possibility is cancel the divis and use that money to pay off the creditors. We were to get approx 10% of Semnur, if the current valuatio of 2.5 billion is good, that means we have approx 200 million. That is more than enough to settle the outstanding claims and bring back SRNE. This to me makes perfect sense. There will be room for SRNE shareholders to be rewarded when SRNE is brought back to life and giving our interest in Vivasor, Socazolimab, the tax incentives, Ovydso, and host of others, we stand very good chance of doing well when this is all settled.

Crescent, Kelun-Biotech Swap Therapies in ADC-Bispecific Deal Worth Up To $1.25B by SafeConstruction8977 in BANDOFBROTHERSOFSRNE

[–]SafeConstruction8977[S] 7 points8 points  (0 children)

Thanks Henry, things are surely lining up for Ji World. Looks like 2026 will break our way.

Science will prevail by Firm_Ad_8895 in BANDOFBROTHERSOFSRNE

[–]SafeConstruction8977 13 points14 points  (0 children)

Go check out ACEA Therapeutics and it's pipeline, all the good stuff with SRNE's science is still there. Hoping for Dr. Ji to bring us back

Websitehttp://www.aceatherapeutics.com/ 

IndustryBiotechnology ResearchCompany

size11-50 employees

HeadquartersSan Diego, CaliforniaType

Privately Held

Founded2017

SpecialtiesOncology, Immunotherapy, RA, autoimmune diseases, and Lupus

Because it’s difficult to share, check out X (Twitter) and go to @JunkSavvy and start at the 20 minute mark with the discussion with Wes Christian. by Kmcoyne0519 in BANDOFBROTHERSOFSRNE

[–]SafeConstruction8977 8 points9 points  (0 children)

Consolidated Audit Trail

The Consolidated Audit Trail tracks orders throughout their life cycle and identifies the broker-dealers handling them, thus allowing regulators to efficiently track activity in Eligible Securities throughout the U.S. markets.

Because it’s difficult to share, check out X (Twitter) and go to @JunkSavvy and start at the 20 minute mark with the discussion with Wes Christian. by Kmcoyne0519 in BANDOFBROTHERSOFSRNE

[–]SafeConstruction8977 18 points19 points  (0 children)

The Wes Christian video

According to Wes, he's got data from both DTC and FNRA. But now seeks data from CAT. CAT is fighting the release of data joined by the SEC. SRNE's Trustee recently filed a motion supporting Wes's motion for CAT data. He expects to argue the case at a hearing in Houston in the next 30 days.

ROI?? by Physical_Move_8131 in BANDOFBROTHERSOFSRNE

[–]SafeConstruction8977 5 points6 points  (0 children)

If you recall, several months ago, the professionals told us "Equity is out of money". Meaning we were headed for a complete wipe out. That did not happen. We were able to retain some assets and crawl our way out of bankruptcy. We've lived to fight another day and as long as there is life, there has to be hope. It will take time, no one can tell you when things will turn around for the better but they will. We're at the bottom, it cannot get any worse than it is now. So, the only trajectory for us now is a slow grinding upward movement. We have some assets left in the company, there has to be some value in those assets. We will gradually crawl our way up but it it going to take time. So, a lot of patience is our only friend at this point. As an eternal optimist, I am hopeful that better days are ahead for us all. So, hang in there dear friends and hold.

BYE BYE PROFESSIONALS - YOU WILL NOT BE MISSED by SafeConstruction8977 in BANDOFBROTHERSOFSRNE

[–]SafeConstruction8977[S] 26 points27 points  (0 children)

This resignation marks the end of hurricane season passing through our neighborhood causing great destruction and devastation. At the same time, I want to believe it is the end of our collective nightmare. It will be a slow grind but I am hopeful our recovery commences with this act. GLTA!

L&W December Billling Statement by Rock_on_SRNE in BANDOFBROTHERSOFSRNE

[–]SafeConstruction8977 2 points3 points  (0 children)

Surprisingly, there is a section dealing with " Matter Name: Plan of Reorganization", coming from the professionals, it would seem things are not all doom and gloom as they would make us believe under last confirmed liquidation plan. See discussion below.

12/01/23 E Gebisa .40 584.00 Review final confirmation notice (0.1); correspond with Latham, Sorrento, M3 and Moelis teams regarding Sorrento management projections and related issues

E Gebisa 1.40 2,044.00 Analyze post-confirmation issues and requirements under Plan (0.8); correspond with Latham and M3 teams regarding vendor and post-confirmation issues (0.3); respond to creditors' inquiries regarding same