The CEO has stated many times that he is seeking p
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Posted On: 06/30/2017 9:39:03 AM
The CEO has stated many times that he is seeking partners. He has informed us that there are multiple non-disclosure agreements with Big Pharmas. Some of the clinical trials have been designed with input from prospective partners.
I don't know how the company can make it any clearer to shareholders that they are actively seeking partnerships, and are in communication with large companies. So why are people screaming about needing a partner, as if they can influence the CEO to do something he doesn't want to do, when he's made it clear he's working hard to accomplish it?
What is NOT true is the claim that the company must have a partner ASAP to survive. On the contrary, the company has money in the bank and a large untapped line of credit. The company can keep operations (and clinical trials) going for at least another year with the money and financing on hand.
For several years we have seen several major cries from consistent bashers:
1) "Make a deal, any deal." (That is literally a quote from one of the bashers.)
2) "The company needs huge amounts of money RIGHT NOW." (It doesn't.)
3) "Because the company needs huge amounts of money RIGHT NOW, the stock is going to be diluted by 30% or more."
• Not true. The company doesn't need huge amounts of money right now. In a year, if more financing is needed, the company is not going to do a 30% dilution deal because they won't be selling gigantic amounts of stock all at once.
• Furthermore, the large percentage of dilution is based on the assumption that the stock price is going to be at this artificially depressed level in a year. Really? With results from 4 clinical trials, there won't be any move up?
Genuine shareholders, please don't fall into the FUDsters' trap by taking their BS seriously. Because that's what it is -- BS, intended to divert attention away from the incredibly positive news the company had in the recent press release, and the great move up it's made on that news. And, of course, we have much more news coming in the next few months. That news, if it continues to be as promising as the preliminary results, will be spectacular too.
I don't know how the company can make it any clearer to shareholders that they are actively seeking partnerships, and are in communication with large companies. So why are people screaming about needing a partner, as if they can influence the CEO to do something he doesn't want to do, when he's made it clear he's working hard to accomplish it?
What is NOT true is the claim that the company must have a partner ASAP to survive. On the contrary, the company has money in the bank and a large untapped line of credit. The company can keep operations (and clinical trials) going for at least another year with the money and financing on hand.
For several years we have seen several major cries from consistent bashers:
1) "Make a deal, any deal." (That is literally a quote from one of the bashers.)
2) "The company needs huge amounts of money RIGHT NOW." (It doesn't.)
3) "Because the company needs huge amounts of money RIGHT NOW, the stock is going to be diluted by 30% or more."
• Not true. The company doesn't need huge amounts of money right now. In a year, if more financing is needed, the company is not going to do a 30% dilution deal because they won't be selling gigantic amounts of stock all at once.
• Furthermore, the large percentage of dilution is based on the assumption that the stock price is going to be at this artificially depressed level in a year. Really? With results from 4 clinical trials, there won't be any move up?
Genuine shareholders, please don't fall into the FUDsters' trap by taking their BS seriously. Because that's what it is -- BS, intended to divert attention away from the incredibly positive news the company had in the recent press release, and the great move up it's made on that news. And, of course, we have much more news coming in the next few months. That news, if it continues to be as promising as the preliminary results, will be spectacular too.
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