written by reader Discussion page for Arch Therapeutics (ARTH)

By Lynn Clark, Stock Gumshoe, November 6, 2017

This page is for discussion of Arch Therapeutics (ARTH).

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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Larry C.
Irregular
πŸ‘146
Larry C.

It took me 4 days to discover that everyone has turned to this thread to discuss ARTH’s past and future. But in that 4 days of comments I see none concerning whether by withdrawing the 501k application ARTH has failed to meet the terms of the patent license from MIT. If ARTH in breach of the license contract then MIT has the option to waive the breach or declare it and sell the license elsewhere. This issue could certainly explain TN’s inappropriate reaction to the Ron Oliver call. All this contemplation of TN’s action could be moot unless we have… Read More Β»

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blackngold63
Irregular
πŸ‘170
blackngold63

Not sure, but I do remember people speculating here a month ago that it might not be a huge issue because the most relevant and up to date patents have been developed since the agreement and might not be covered by it. Whether that is true or not, well don’t know.

JohnM
Irregular
πŸ‘1992

LazrryC., Norchi had to file for approval by a certain date and he did that.

satydave
Irregular
πŸ‘47
satydave

LarryC: ARTH, I do not think Dr. Norchi and his team would be so careless after all this work(years) to lose the license, just for withdrawing the submission of AC5 for 510(K).

satydave
Irregular
πŸ‘47
satydave

ARTH: Received a reply from ARCH(Rick Davis) that the MIT licenses are in full effect.

Ron Oliver
Member
πŸ‘605
Ron Oliver

2/4/2018 From Twitter: KSS, MD, PhD ‏ @KSSMDPhD 22h22 hours ago “ToddBA of Stock Gumshoe, one of my vocal detractors, is a lurid redneck and warty toad. So long, #shitforbrains. Then posted a George Carlin video “blow it out your a**” It has been removed by Twitter as I reported it as vindictive. But I did save a screen-shot of it. Before you part with any more donations or join his new website, I think you should be aware that KSS has a troubled past and when he gets angry, really loses it, as evidenced by the uncalled for public… Read More Β»

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rumrunner
Member
πŸ‘-141
rumrunner

Thank you Ron. Your entries have been very informative and well written.

toddba
Member
πŸ‘1161
toddba

Hi Ron,

I did see this on KSS’s Twitter. Didn’t find it worth responding to. I actually feel pity for KSS and hope he can find some inner peace.

I would ask you, Ron not to leave SG. Your input is very wise and would be sorely missed.

Cheers – Todd

savethemanatee
Irregular
πŸ‘2289
savethemanatee

I agree, and hope both of you to remain, Ron and Todd. We who are the spurned, insulted, and villified.

toddba
Member
πŸ‘1161
toddba

Thanks STM! Would be nice to see Alan Harris return to the forum.

Cheers – Todd

arch1
Member
πŸ‘7795

Ron you add value to our discussions, please reconsider leaving and remain posting.

SoGiAm
Irregular
πŸ‘11466

Dermatologic Surgery Publishes Clinical Data on Arch Therapeutics’ AC5β„’ in a Topical Application https://ir.archtherapeutics.com/press-releases/detail/502
Good morning.

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KennyG
Irregular
πŸ‘3530
KennyG

$ARTH. I think that the press release from ARTH is a rehash of what they have previously stated. In a Form 8K that the company filed today wherein they ‘officially’ released this press release, they stated “The results of the Study were previously reported in summary form in a press release issued by the Company on August 15, 2016, which can be accessed at the following address: https://ir.archtherapeutics.com/press-releases/detail/477/arch-therapeutics-reports-ac5-topicalhemostatic-device.” I believe that the company is going into damage control in reaction to the recent collapse of its stock price. I would expect more press releases in the near future as well.… Read More Β»

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dunnydame
Irregular
πŸ‘1106
dunnydame

$ARTH Nice to see you commenting KennyG
Penny

mgm1
Guest

So, per ARCH’s site, the fact that they issued this release as an update with today’s date, was really a re-ignition of the old (e.g. nothing new)? And, might anyone know if TN is still a majority investor in the company(e.g. over $3M invested), or were these shares given to him for in-kind?

JohnM
Irregular
πŸ‘1992

Norchi owns 15.5 million shares or 10% of the company.

JohnM
Irregular
πŸ‘1992

KennyG, the “new” is in the published article, not in the press release telling us the article is published.

deane
Irregular
πŸ‘37
deane

Great find Ben

deane
Irregular
πŸ‘37
deane

$ARTH Will this be the missing info so they can file the 501K?

satydave
Irregular
πŸ‘47
satydave

ARTH:Topline results of the study were previously reported in a press release issued by the Company on August 15, 2016, which can be accessed at the company’s website.

Dr. Norchi further commented, β€œWe continue to develop our exciting technology for wound care and surgical applications. As our priority, we are committed to continued collaboration with the FDA and plan to submit a new 510(k) notice for AC5 Topical Gel as soon as possible following further discussion with the agency. We will provide a more detailed update when the plan is finalized

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savethemanatee
Irregular
πŸ‘2289
savethemanatee

I’m not sure whether and how I should contribute to this discussion, so please bear with me. First, I have been and remain a full supporter of Travis. I’ve never belonged to a stock service before, and probably never will again, but I have been a member of Stock Gumshoe for years simply because i support what Travis is doing to educate novice investors about newsletters pumping stocks which are often silly ideas. Travis, in my view, provides an incredible service and deserves support. I never intended to follow Dr. KSS to another forum. My heart goes out to those… Read More Β»

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mic374
Member
πŸ‘-17
mic374

z

Esther
Irregular
πŸ‘2740
Esther

Dittos to your balanced analysis, Save, and now I can say how sorry I was for your treatment when you had given what I thought was merely good advice, and which had been given often in the past without creating such a storm. I don’t know if some are following KSS on twitter, but I have read his posts and see that he is quite determined to disabuse his followers of the idea that ARTH is a worthwhile investment, so I rather expect its price to be under pressure for a while if for no other reason than gummies were… Read More Β»

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jabberwocky
Member
πŸ‘801
jabberwocky

My complaint with ARTH, independent of KSS or anyone else has always been the speed of execution. Too many mis-steps, which, given that this is their sole focus, is hard to digest. There is a balance between conserving cash and advancing product development, and I believe TN has got that balance wrong. Nobody is in Arch to preserve their capital. There are treasuries for that (disregarding questions of inflation, fiat-money, etc). Unless Arch is going to get bought out at a fat premium for their patents, which I am sure they will not, those patents only matter when they get… Read More Β»

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arch1
Member
πŸ‘7795

Well said,,, time is money or money has a time value + or-

savethemanatee
Irregular
πŸ‘2289
savethemanatee

I agree, Jabberwocky. I’ve been considering exiting ARTH for several months, but delayed too long, in part due to some personal stuff that was taking all my attention and focus. I no longer consider ARTH a long-term hold and plan to sell sometime in the next few months. This being biotech, there’s so much volatility that I’m just going to wait until the next bump up, which will probably happen when they refile their FDA application.

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savethemanatee
Irregular
πŸ‘2289
savethemanatee

Thank you, Sharon. πŸ™‚

Roger
Member
πŸ‘1767

STM, Dr. KSS did well by my portfolio and I feel that the significant contribution I made to his travel fund was owed and well repaid.

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savethemanatee
Irregular
πŸ‘2289
savethemanatee

Thank you, Roger. Which is why my message read, ” . . . to those who sent him donations and now feel cheated.” I didn’t mean to imply that everyone deserves to feel cheated, just that I commiserate with those who are now angry and frustrated. I suspect you are not alone.

mzimmer
Member
πŸ‘-107
mzimmer

STM, Remember me? Looks like the Mayor and the Sheriff have left the town. LOL. Good to see your posts bud!

savethemanatee
Irregular
πŸ‘2289
savethemanatee

Hey mz! How are you?

arch1
Member
πŸ‘7795

STM It is good to see you back. Please keep posting.

savethemanatee
Irregular
πŸ‘2289
savethemanatee

Thanks, Frank. Good to interact with you again.

apicoltore
Member
πŸ‘35
apicoltore

STM.. I stood up for you then and now. Something just didn’t pass the smell test with me about how you and a few others were treated. I am smart enough to know when a good poster is disparaged for no apparent reason. Honestly, I don’t understand why the anger, hurt feelings, and herd mentality over anyone’s post anyway? Really? Ignore works if you get upset… it is just a post isn’t it? On second thought maybe I’m not smart enough, or maybe It’s I don’t care enough to understand…
Good to have you back!