(Total Views: 417)
Posted On: 06/30/2020 9:54:22 AM
Post# of 36566
I expected that Joe would draw down the money as needed for testing. I never expected anything else.
But to establish the company is worth a billion means that he has to persuade investors that we have the real deal. Technology that will provide a reliable vaccine. It is a hard thing to do since most infections, Avian Flu, Swine Flu, SARS have disappeared too quickly to get on to a Phase II or Phase III trial.
But he might be able to get a trial done for $50 mil, and prove we have something.
But to establish the company is worth a billion means that he has to persuade investors that we have the real deal. Technology that will provide a reliable vaccine. It is a hard thing to do since most infections, Avian Flu, Swine Flu, SARS have disappeared too quickly to get on to a Phase II or Phase III trial.
But he might be able to get a trial done for $50 mil, and prove we have something.
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