“ why is 300,000 doses of drug on the shelf not
Post# of 148291
(Total Views: 611)
Posted On: 12/18/2020 7:30:27 PM
Re: Rubraquercus #68822
“ why is 300,000 doses of drug on the shelf not considered an asset for the purpose of nasdaq”
At the risk of pointing out the obvious: a drug that you can’t sell (regardless of how much you have) isn’t worth anything - and in fact may have carrying costs that give it a negative value until it can be sold.
My hunch is we won’t see any progress on uplisting prior to an EUA.
Read More: https://investorshangout.com/post/newpost/605...z6h1cbkkhU
At the risk of pointing out the obvious: a drug that you can’t sell (regardless of how much you have) isn’t worth anything - and in fact may have carrying costs that give it a negative value until it can be sold.
My hunch is we won’t see any progress on uplisting prior to an EUA.
Read More: https://investorshangout.com/post/newpost/605...z6h1cbkkhU
(2)
(0)CytoDyn Inc (CYDY) Stock Research Links
Scroll down for more posts ▼