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Akers Biosciences Inc

Akers Biosciences Inc (AKER)

2.47
0.00
(0.00%)
Closed March 27 04:00PM
2.47
0.00
( 0.00% )
Pre Market: 08:00PM

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Key stats and details

Current Price
2.47
Bid
2.41
Ask
2.50
Volume
-
0.00 Day's Range 0.00
0.00 52 Week Range 0.00
Market Cap
Previous Close
2.47
Open
-
Last Trade
Last Trade Time
-
Financial Volume
-
VWAP
-
Average Volume (3m)
-
Shares Outstanding
39,470,000
Dividend Yield
-
PE Ratio
-6.10
Earnings Per Share (EPS)
-0.39
Revenue
-
Net Profit
-15.2M

About Akers Biosciences Inc

Sector
In Vitro,in Vivo Diagnostics
Industry
In Vitro,in Vivo Diagnostics
Website
Headquarters
Baltimore, Maryland, USA
Founded
1970

AKER Latest News

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AKER Discussion

View Posts
SeanVan SeanVan 3 years ago
MYMD-1 TO THE RESCUE !!!!!

https://www.msn.com/en-us/health/medical/how-the-novel-coronavirus-attacks-the-brain/ar-BB1glkRv?ocid=msedgdhp
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knuts4oe knuts4oe 3 years ago
https://investorshub.advfn.com/MYMD-MYMD-39405/
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SeanVan SeanVan 3 years ago
Seasoned executive team with a track record of medical biotechnology innovation...
To deliver on its mission, MyMD has assembled a superb team of clinicians, experienced drug developers, US FDA / regulatory experts, patent attorneys, and business executives. The team is drawn from a variety of institutions including but not limited to Organon, Regeneron, IQVIA (formerly Quintiles), Bain & Company, and Banner Witcoff. We continue to add clinical and scientific talent to support our research and the discovery of new therapies.


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SeanVan SeanVan 3 years ago
MyMD Pharmaceuticals Begins Trading on Nasdaq..
.
FLASH... FLASH... Phase II Trial results expected by year end
.
β€œThe listing of our shares on the Nasdaq marks a significant milestone for the company, in combination with our upcoming phase II trial and our clinical development pipeline, all of which should lead to increased visibility in the near term for our investors..
.
https://www.businesswire.com/news/home/20210419005502/en/MyMD-Pharmaceuticals-Begins-Trading-on-Nasdaq
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MikeSailMikeSail MikeSailMikeSail 3 years ago
DONE
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leifsmith leifsmith 3 years ago
MyMD Pharmaceuticals Scientific Advisory Board

https://www.biospace.com/article/releases/akers-proposed-merger-partner-mymd-pharmaceuticals-announces-formation-of-scientific-advisory-board/
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leifsmith leifsmith 3 years ago
Can the name of this board be changed?

From: Akers Biosciences Inc. (AKER)
To : MyMD Pharmaceuticals (MYMD)

???
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leifsmith leifsmith 3 years ago
"Significantly increasing lifespan" β€”MyMD Pharmaceuticals
MyMD is a clinical-stage pharmaceutical company focused on the development of drug products that represent a transformation in the targeting of aging and age-related diseases; autoimmune diseases; and chronic pain, anxiety and sleep disorders. Our team has partnered with academic founders and key opinion leaders to identify synthetic therapeutics, including the first drug being designed to significantly increase human lifespan.https://www.mymd.com

A remarkably bold statement found at the top of the company's web page.
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leifsmith leifsmith 3 years ago
We need a MYMD iHub board.
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leifsmith leifsmith 3 years ago
Bid/Ask interesting - chaotic for awhile looks like
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leifsmith leifsmith 3 years ago
MYMD Begins Trading this Morning

https://www.mymd.com
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knuts4oe knuts4oe 3 years ago
Extremely reasonable!!
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leifsmith leifsmith 3 years ago
Reason for the phase 2 trial target?

Treatment of depression was stated as the objective.

Perhaps the reason for that target is that it presented the fastest path to FDA approval.

Once approved as a treatment for depression knowledgeable doctors can prescribe it for other purposes.

Reasonable guess or not?
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leifsmith leifsmith 3 years ago
Merger approved. MYMD to start trading April 19, 2021

http://www.akersbio.com/investor-center/news/2021/04-16-2021-173008890
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knuts4oe knuts4oe 3 years ago
When I said "Fasten your seat belts!", I was thinking "UP" not "DOWN"!

Today's action sure didn't reflect the last 2 days news releases!
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leifsmith leifsmith 3 years ago
Today's announcement seemed to miss most of the reasons for buying MYMD (through AKER). Perhaps deliberate? May have created a buying opportunity.
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knuts4oe knuts4oe 3 years ago
WHAT HATH JONNIE WROUGHT !! I am blown away by the quality of this Scientific Discovery Board. It not only includes a healthy number of Johns Hopkins doctors, but also includes MINDMED and Eurofins Discovery.

Hopefully, MyMD Pharmaceuticals will become a public reality by the end of this week, and we can begin to share this awesome story much more widely than has been the case up to now.

Fasten your seat belts!
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leifsmith leifsmith 3 years ago
Yes, we go ...

http://otp.investis.com/clients/us/akers_bioscience/SEC/sec-show.aspx?Type=html&FilingId=14865144&CIK=0001321834&Index=10000

Same thing. Different source and format.
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knuts4oe knuts4oe 3 years ago
HERE WE GO !!!!!

http://www.akersbio.com/investor-center/news/2021/04-12-2021-140109859
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SeanVan SeanVan 3 years ago
knuts,
The main difference is MyMD-1 is ready to use now and has been completed pre-clinical and phase-1 and already entered into Phase-2.
Where as Cohbar is still at initial stages and long way to go.
.
Once Phase-2 is complete, which is by the year end, no one can compete with MyMD in those line. My two cent..
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knuts4oe knuts4oe 3 years ago
Hard to believe! On 03/11/21 Jonnie and friends created yet another FL private company, this one called Arica Pharmaceuticals. Beginning to look like they are creating a company for each potential application of the isomyosmine and Supera families!




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knuts4oe knuts4oe 3 years ago
From a competitive point of view I see Jonnie as being ahead because he is ready to begin significant Phase 2 studies, and has chosen company and product names (MyMD Pharmaceuticals and MYMD-1) that are easily recognized and remembered.
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leifsmith leifsmith 3 years ago
Looks interesting. Complimentary rather than competitive, except in a very broad sense in which all health restoring drugs are competitive.
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knuts4oe knuts4oe 3 years ago
Those who are serious about MyMD Pharma should take a look at CohBar. (CWBR) Looks like it could be direct competition for MyMD. They are making many of the same claims as MyMD makes for MYMD-1.
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leifsmith leifsmith 3 years ago
Correction of my previous post. Jonnie Williams appears more than once in the document describing the merger. My earlier search seems to have been defective.

If a new pdf of the document is made, at least on a Mac, it becomes possible to cut text from it and paste it elsewhere.

A section beginning on page 122 describes the reasons for the merger from the point of view of each of the companies.
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leifsmith leifsmith 3 years ago
Today I received a request for my votes (virtually) at the next AKER board meeting, scheduled for April 15, 2021.

It was suggested that I should first read an accompanying background document of somewhere around 400 pages. It contains things that look interesting. I'll read some of it.

Under this heading: "The obligation of Akers to complete the merger is subject to the satisfaction or waiver of the following additional conditions:" This appears as one of the conditions:Akers shall have received an executed support agreement from Jonnie R. Williams, Sr.This is the only mention of Williams in the entire document.

The document is probably available only to shareholders. It is not possible to cut and paste from it.
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SeanVan SeanVan 3 years ago
Leif, Agree. But, Shelf offerings can dilute existing shares considerably if the offering comes from the company because new shares are being created. Why a Shell company AKERS is doing this by misguiding public is my concern.
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leifsmith leifsmith 3 years ago
You may be right, but not this is not an announcement of an actual raise, it is an announcement of permission to raise should they need to do so. Nothing is for sale yet. This is how I understand a "shelf offering." Please correct this if I'm wrong.
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SeanVan SeanVan 3 years ago
$AKER: The reasons mentioned to raise $100 millions is full of lies.
Issuing another public offering (in the last minute of merger with MyMD pharma) to raise for non-existing covid-19 vaccine is federal crime. Raising $100 Millions in the name of agreement with a non performing Premas (which is an INDIA company) is federal fraud. Raising the money in the last minute of merger is another definitely unacceptable & its a BIG fraud, very bad for investors.
The AKERS present directors have to face the consequences...
Something is not right.
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leifsmith leifsmith 3 years ago
Could be wrong, of course, but I think the merger with MYMD will succeed. There's too much benefit here for AKER to allow it to fail. Main reason for my confidence is that I think Jonnie Williams' work and intentions are genuine. His long-standing collaboration with Johns Hopkins researchers is encouraging.

After the merger, the surviving company will be MYMD, and the stock listing will be MYMD. I'm optimistic that this will be a success.
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SeanVan SeanVan 3 years ago
Lief,
Do you think the merger is going to happen? or fail?
If you see the track record of Akers, its all manipulations.
Please advise.
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leifsmith leifsmith 3 years ago
Anyone interested in the future of AKER should read this: https://www.mymd.com/

Just posted by knuts4oe.
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knuts4oe knuts4oe 3 years ago
Here is the latest website for MyMD for anyone who has not seen it. Contains a thorough explanation of what MyMD is all about!

https://www.mymd.com/
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leifsmith leifsmith 3 years ago
Williams, Hopkins, McNulty, O'Donnell

Jonnie Williams RSR
https://duckduckgo.com/?q=WILLIAMS+JONNIE+RSR&t=osx&ia=web
This search finds many Jonnie Williams related companies, most (or all) at the following address, associated with Johns Hopkins.

Many (or all?) Jonnie Williams companies use this as their principal address:855 N. Wolfe St. Suite 100 Baltimore, MD 21205This building hosts "Science and Technology Park at Johns Hopkins".
https://scienceparkjohnshopkins.net

The "Registered Agent" for most (all?) of these companies is James A. McNulty (CPA), at 324 S. Hyde Park Avenue, Tampa, FL, 33606. A search on that address, leads to ...

https://www.corporationwiki.com/Florida/Tampa/james-a-mcnulty-525113.aspx - which finds (scroll down on the page) a list of companies associated with Jonnie Williams.

I rarely spend this much time looking for info on a small company like AKER. However, I have an intuition that something important is going on here, and that Jonnie Williams is the driver. What he did with Star Scientific was important and unjustly attacked and destroyed by politically & economically connected interests (my opinion, of course).

A little further search finds that Francis E. O'Donnell is closely connected with McNulty, and that all of them are related to a number of companies containing words like "Hopkins Capital Group" in their titles. All (or most) of these companies are connected to Jonnie Williams.

A graph showing many of these relationships:
https://www.corporationwiki.com/Florida/Tampa/biotech-specialty-partners-llc/67299251.aspx [this may require free registration to access]

Please don't make too much of all this. I am in no way a professional analyst of businesses. I'm interested because of good experiences with Anatabloc, and because I hope that there will be a continuation of Williams ventures in health.
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leifsmith leifsmith 3 years ago
Stockholder meeting, Apr 15, & merger information

https://www.businesswire.com/news/home/20210322005123/en/
We believe the strategic combination of Akers with MyMD has the potential to accelerate the commercialization of MyMD’s drug development platform, which has been built over the past seven years,” said Chris Schreiber, Chief Executive Officer of Akers Biosciences, β€œMYMD-1 is targeting the underlying causes of chronic autoimmune diseases as well as aging itself, and SUPERA-1R–a patent-protected synthetic derivative of cannabidiol (CBD)–targeting numerous key cannabinoid receptors to address pain, anxiety, sleep disorders, and seizures. We look forward to closing the proposed business combination as soon as possible following the Meeting and will update shareholders at that timeDocumentation will be forthcoming (for stockholders) that should be informative and important.
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leifsmith leifsmith 3 years ago
Very interesting. Thanks!
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knuts4oe knuts4oe 3 years ago
As has been revealed, Supera Pharma will be purchased by MyMD Pharma just before the final closing of the merger, for nearly 34 million MyMD Pharma shares, thus becoming an integral part of the new company. We have also become aware that a new private corporation was formed in FL this year under the name Nemo Life Sciences Inc., whose principal address is the suite in the Rangos Life Sciences Bldg on the Johns Hopkins campus where MyMD Pharmrceuticals is now located. A search of the internet indicated that NEMO is an integral part of the process of bone replacement and repair.

If that isn't enough, I have learned that another 10 (ten) private companies have been formed in FL this year by Jonnie and associates, all of which have as their principal address the same suite in Baltimore that MyMD Pharma occupies! They are,

PSYCHEDELX INC DOPAMYNE INC OXYGENE INC MIRAVID INC

ICENE INC KETAMIR INC COTIMINE INC SETACYBIN INC

REVLIMIR INC NYME INC
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knuts4oe knuts4oe 3 years ago
Can't seem to get it to open, but it is on page 166 in the S4 submitted to the SEC.
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knuts4oe knuts4oe 3 years ago
Since MyMD has not yet announced any human studies to discuss, I thought it might be helpful to take a look at the proposed MILESTONE PAYMENTS in the merger agreement. It's difficult to grasp and seems to result in as many questions as it answers. The current market cap of AKER is close to 60 million. Attached is the Milestone Payment Agreement.

file:///C:/Users/rondu/OneDrive/Pictures/Scans/Scan_20210315.pdf
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leifsmith leifsmith 3 years ago
Jonnie must have a passion for breeding rabbits that has somehow translated into breeding companies. Fascinating to watch.
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knuts4oe knuts4oe 3 years ago
Looks like all these companies have as their principle address MyMD's suite at Johns Hopkins.

I'm flabbergasted, so don't know what to say!

https://www.flcompany.info/companies/P21000016093/
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knuts4oe knuts4oe 3 years ago
Here is yet another new FL company whose principle address is MyMD's suite at Johns Hopkins

https://www.flcompany.info/companies/P21000016093/
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leifsmith leifsmith 3 years ago
knuts4oe, grateful for your research - substantial findings validating my long-standing intuition that Williams is up to something important and that it will somehow (through underground hidden channels) make its way into the merger and finally emerge as an extraordinarily interesting MYMD.

This intuition is supported by occasional conversations with Patrick Cox, a researcher I respect, who keeps a good watch on what Williams is doing.
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leifsmith leifsmith 3 years ago
That's fascinating. Thanks!
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knuts4oe knuts4oe 3 years ago
Everyone seen this -

https://www.mymd.com/pipeline/mymd-1
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knuts4oe knuts4oe 3 years ago
OOPS!

https://elifesciences.org/digests/56095/how-nemo-controls-bone-erosion
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knuts4oe knuts4oe 3 years ago
At the risk of repetition just noticed that a new company started in 2021 by Jonnie and associates, named Nemo Life Sciences is located in the same Johns Hopkins Life Sciences building as MyMD Pharma. Noticed also that its suite number ended in .5 which indicates it may be in the same suite as MyMD.

Also found this read on NEMO.

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knuts4oe knuts4oe 3 years ago
While we can rule out Covid-19 as the delay involved in this merger, the fact that the S-4 submitted to the SEC explaining the merger is 630 pages long, just might indicate how complex this merger is!

On another note, MyMD Pharma, just before the merger takes place, will issue nearly 34 million of its shares to shareholders of Supera Pharma, thereby acquiring Supera. Supera was begun by Jonnie R Williams and associates.
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leifsmith leifsmith 3 years ago
As you know, the company never said it would be faster than this. I've posted their first news release on the merger, in which they said it would happen in mid-2021, or maybe first half of 2021.

I'm willing to assume that this is complicated and that there are a lot of moving parts that have to be approved by lawyers and accountants. This never happens as fast as we think it should.

I've been waiting for a very simple letter from a small bank. They see no problem writing the letter, but I've been waiting for it for over a month. They say the slowdown is due to the virus. Possibly so.
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SeanVan SeanVan 3 years ago
$AKER
The reverse merger with MYMD paper work submission date was on Jan 15th,2021.. why it is taking so much time for this small company?
This is ridiculous... laughable....
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