Lots of moving parts here. Big Pharma has a boot
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(Total Views: 407)
Posted On: 07/08/2022 6:51:29 PM
Lots of moving parts here. Big Pharma has a boot on our neck hoping we will run out of money before we break out with an approval or partner. Could that happen?
Not likely if we fund operations for the foreseeable future. We can all agree that we are getting closer to a major approval, probably by the end of this year.
BP also knows this. They may not want to wait for us to get an approval to make a move. The price goes up with an approval, as does our share price.
In any case, a sale, partnership or increased share price will get us to a better place to conduct carefully selected trials with realistic expectations. Our asking price will also increase and in fact, may not be necessary.
This is a big hit to we shareholders and management still needs to do some splainin'.
Not thrilled but I'm in.
Not likely if we fund operations for the foreseeable future. We can all agree that we are getting closer to a major approval, probably by the end of this year.
BP also knows this. They may not want to wait for us to get an approval to make a move. The price goes up with an approval, as does our share price.
In any case, a sale, partnership or increased share price will get us to a better place to conduct carefully selected trials with realistic expectations. Our asking price will also increase and in fact, may not be necessary.
This is a big hit to we shareholders and management still needs to do some splainin'.
Not thrilled but I'm in.
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