POS Company- $0.26 per share













When will this company be de-listed. They are trading at $0.26 per share. One of their board members has the initials RB and owns a lab in PA. He is a fake doctor that can't get licensed in US but still calls himself an MD. What a joke of a company!

The company, which has about a dozen employees, generated sales of just under $1.7 million and recorded a net loss of $10.8 million in 2018.

The Thorofare company is selling 1.99 million units — each consisting of one share of common stock and one preferred stock warrant to purchase one share of series C convertible preferred stock — at $4 per unit.

Akers, in documents filed with the Securities and Exchange Commission, said it plans to use the estimated $7.96 million in proceeds from the public stock sale for working capital and other general corporate purposes, which may include funding the "exploration of strategic alternatives." Exploration of strategic alternatives = is it viable and profitable to sell pot on the open market that will eventually get back to kids in elementary schools and playgrounds. Now don't forget to creatively line your pockets with that $7.96 million dollars raised by splicing and dicing the stock before declaring bankruptcy. LOL
 






The company, which has about a dozen employees, generated sales of just under $1.7 million and recorded a net loss of $10.8 million in 2018.

The Thorofare company is selling 1.99 million units — each consisting of one share of common stock and one preferred stock warrant to purchase one share of series C convertible preferred stock — at $4 per unit.

Akers, in documents filed with the Securities and Exchange Commission, said it plans to use the estimated $7.96 million in proceeds from the public stock sale for working capital and other general corporate purposes, which may include funding the "exploration of strategic alternatives." Exploration of strategic alternatives = is it viable and profitable to sell pot on the open market that will eventually get back to kids in elementary schools and playgrounds. Now don't forget to creatively line your pockets with that $7.96 million dollars raised by splicing and dicing the stock before declaring bankruptcy. LOL
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UNITED STATES DISTRICT COURT
DISTRICT OF NEW JERSEY
CALE WATTS, derivatively on behalf of
AKERS BIOSCIENCES, INC., Case No.: 2:18-cv-15992

Plaintiff, EXHIBIT B

vs.
NOTICE OF SETTLEMENT
JOHN J. GORMALLY, GARY M. RAUCH,
RAYMOND F. AKERS, JR., BILL J.
WHITE, RICHARD C. TARBOX III, and
CHRISTOPHER C. SHREIBER, TO CURRENT AKERS
STOCKHOLDERS

Defendants,

and

AKERS BIOSCIENCES, INC.,

Nominal Defendant.

LOL.......too rich. So funny. Akers stockholders sue Akers leadership. Inside this.......Akers stockholders sue Ray Akers himself. Correct me if I'm wrong, but I think this is separate from the class-action suit that is still going on and separate from another settlement they already agreed to pay out. Truly, Kharma can be a blessed thing with much more to come. The name Akers has forever been tainted. I predict they'll re-brand to sell pot or close down Akers completely and open up another company that will be destined to fail.
 






Smoking dope now?



UNITED STATES DISTRICT COURT
DISTRICT OF NEW JERSEY
CALE WATTS, derivatively on behalf of
AKERS BIOSCIENCES, INC., Case No.: 2:18-cv-15992

Plaintiff, EXHIBIT B

vs.
NOTICE OF SETTLEMENT
JOHN J. GORMALLY, GARY M. RAUCH,
RAYMOND F. AKERS, JR., BILL J.
WHITE, RICHARD C. TARBOX III, and
CHRISTOPHER C. SHREIBER, TO CURRENT AKERS
STOCKHOLDERS

Defendants,

and

AKERS BIOSCIENCES, INC.,

Nominal Defendant.

LOL.......too rich. So funny. Akers stockholders sue Akers leadership. Inside this.......Akers stockholders sue Ray Akers himself. Correct me if I'm wrong, but I think this is separate from the class-action suit that is still going on and separate from another settlement they already agreed to pay out. Truly, Kharma can be a blessed thing with much more to come. The name Akers has forever been tainted. I predict they'll re-brand to sell pot or close down Akers completely and open up another company that will be destined to fail.[/QUOTE]