I will agree that earnings are a big key in the fu
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Posted On: 07/20/2018 3:46:53 PM
Re: LeaveMeAlone #13542
I will agree that earnings are a big key in the future, but a major partnership, which could come at any time, could bring in a great deal of funds without a single product being sold. If fact, if a big Pharma bought into say the psoriasis cream, they might want to keep it off the market until it's an approved drug, that would be fine with me if they paid at least well into double digit millions or more for the rights to the drug.
The point is, we have no idea what discussions may be going on between the company, and those who may be interested in it. One investor mentioned California rights, that too could be quite big. Money from any deal could dramatically influence share price and we know nothing about what may be in discussion.
That said, I still believe the ultimate goal of the company is a buyout that will be a multi-billion dollar deal. I don't expect it for at least a few years, but anything is possible once the company gains patent approval for many of its drugs, without that it's just discussion.
Gary
The point is, we have no idea what discussions may be going on between the company, and those who may be interested in it. One investor mentioned California rights, that too could be quite big. Money from any deal could dramatically influence share price and we know nothing about what may be in discussion.
That said, I still believe the ultimate goal of the company is a buyout that will be a multi-billion dollar deal. I don't expect it for at least a few years, but anything is possible once the company gains patent approval for many of its drugs, without that it's just discussion.
Gary
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