I'd like to remind everyone, and any new investors
Post# of 72440
I am fully aware that CTIX does not currently have the funding to get any of the drugs through a phase 3 and to market, but they have sufficient funds for a year to continue trials and increase the value of the drugs for the future partnership/sale. Plus, if the plan doesn't work to get a better deal in the future, and management has been choosing to pass on less than stellar deals, then that tells me the worst case scenario backup plan is that they will partner or sell a drug for less money in order to keep solvent. It would not be ideal to have to do that, but I think that is a worthwhile gamble for the potential of stellar returns upon future trial success.
So that is why I do not put any weight to the continued statements that CTIX can't find a partner, or is somehow screwed and going to go bankrupt. They are choosing to continue down this short term path (which I admit is painful as a shareholder to see paper losses) in order to create a better long term gain for all of us.