Friday, July 25, 2014 1:20:02 PM
But am in complete agreement with you JG that those expecting to see those kinds of numbers in that time frame ($100 by end of Summer, or $300 by this time next year) are delusional.
Nothing really and undeniably positive happens for NNVC until after TOX is completed, tox remains demonstratably low, and the data are signed off against by the FDA or equivilent agencies in the EU or Australia. And even then, we're optimistically talking about a bump into consistent double-diget $ shareprices.
Assuming Tox starts before the end of the Fall - we won't have results from that before sometime in 2015 in hand. Phase I & II studies will proably push things out until at least close to the end of 2015, possibly into 2016.
We'll see incremental moves up as milestones are completed and as the percieved risk declines.
“The two most powerful warriors are patience and time.”
- Leo Nikolaevich Tolstoy
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