My take on ASCO this year is there will be limited

My take on ASCO this year is there will be limited to reasonable upside for investors from it, but huge implications for CTIX in a much grander end game scheme of things, with the conversations and impactful discussions that will happen aside from the presentation itself. All it really takes is a few of the right pharma folks to have a good conversation about kevetrin with leo and dr menon, and it could have a big impact in the near future there after.

Here is the PR following last years ASCO, where CTIX did not even present. You can tell they were still optimistic just discussing it and this year hopefully we'll be able to enjoy a meaty PR from a successful and impactful presentation on kevetrin from a premiere research team at harvard.

Here is last years ASCO PR:
The Cellceutix team is also pleased to report from the Annual ASCO (American Society for Clinical Oncology) Meeting, which is being held in Chicago from June 1st to June 5th, 2012. The leading industry event features clinicians, researchers and pharmaceutical companies in the cancer arena presenting their achievements, new treatments and other innovations.
“From all the materials presented, we cannot find any compound in development focused on p53 at a stage remotely comparable to Kevetrin™. p53 is an important tumor suppressor that acts to restrict proliferation by inducing cell cycle checkpoints, apoptosis, or cellular senescence. If any mention is given to a new compound targeting p53, we learned that they are very early in development,” said Dr. Krishna Menon, Chief Scientific Officer at Cellceutix. “We have been in discussions with leading firms and pioneers in oncology throughout the conference. Appropriately, there is great enthusiasm surrounding vaccines and antibodies in oncology, especially the news about the experimental drugs by Bristol Myers Squibb (‘BMY’), but their limitations always surface in conversation because they have a narrow target of specific cancer lines. Researchers know that harnessing the power of p53, the ‘Guardian Angel of the Human Genome,’ can be a game changer because it is present in either ‘wild,’ ‘mutant’ or ‘null’ form in every type of cancer. Kevetrin™ is the only compound that affects all three forms, meaning that as a cancer therapy, it could have no bounds as to what cancer it treats. A drug of that prowess would represent one of the biggest breakthroughs in modern oncology and illustrates the scope and hope with Kevetrin™; explaining why it is garnering so much attention.”
“Awareness about Kevetrin™ and Cellceutix continues to grow,” commented Dr. Menon. “We are very proud of the recognition we are receiving for our company, our compounds and new cancer treatments that could potentially change the dynamics of chemotherapy as we know it today.”
“The passing of the legislation in the U.S. House of Representatives and the Senate recently, which includes a section on accelerating the review of new drugs for life-threatening diseases, has us even more eager for the commencement of clinical trials for Kevetrin™,” Dr. Menon continued. “Due to its unique Mechanism of Action to re-activate p53 in the destruction of cancer cells, we feel that this new mandate bodes especially well for us in expediting the development of this novel compound.”