We all know news is coming Oct. 20th (Joe is waiti
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Posted On: 10/12/2021 8:17:37 AM
We all know news is coming Oct. 20th (Joe is waiting so I will win a bottle of DOCJ Private Reverse Moonshine)
BUT, in the meantime ... DJ valued NGIO at $500m. This is a reputable outside company that looked at the assets independently. Joe needs to unlock that value ... mostly based on getting the fill/finish done on Excellagen and out to the VA. Getting those supplies out to the VA which according to the last CC takes months. My concern is they are not diluting ENOUGH to make me feel they are spending money on this. I want to see MORE dilution ... especially with a high margin product like Excellagen
BUT, in the meantime ... DJ valued NGIO at $500m. This is a reputable outside company that looked at the assets independently. Joe needs to unlock that value ... mostly based on getting the fill/finish done on Excellagen and out to the VA. Getting those supplies out to the VA which according to the last CC takes months. My concern is they are not diluting ENOUGH to make me feel they are spending money on this. I want to see MORE dilution ... especially with a high margin product like Excellagen
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