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Spot on Flyntrade. To think that a year ago we we

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Post# of 154867
(Total Views: 655)
Posted On: 08/28/2020 9:22:26 AM
Posted By: IndexGuy
Re: flyntrade #52795
Spot on Flyntrade. To think that a year ago we were trying to file a BLA (still not accepted) by ourselves and the CEO kept saying things like "next month" or "couple of weeks" . I was really hopeful that a couple of the board members had some pull in the capital markets as well as connections with the FDA, but alas, that has never materialized. At least we had enough sense and money to finally bring Amarex to the table and help get the thing filed, but we still don't have all of our ducks in a row, and another refusal to accept is going to punish the stock.

Like everyone here, I am fascinated by the potential of the science, but as of now I know we don't have anything approved or even the acceptance of a license. If you can't get it approved- which may require excellent science, political influence, and a clean convincing presentation of your package with a big pretty bow on top, you don't have any revenue. Without revenue, you eventually die off. As we say in the real world, "nothing happens until somebody sells something".


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