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Re: jakeb post# 39198

Monday, 10/27/2014 1:17:33 PM

Monday, October 27, 2014 1:17:33 PM

Post# of 51570
A pretty good rundown of what's up with CORX can be found in the 10K posted by gfp.
In a nutshell new management has negotiated good deals with old creditors and former management.
They've also kept alive valuable I.P. agreements they share with various academic institutions, have funding from the NIH for trials underway, increased share count to raise additional funds through sale of stock, and generally done a good job of turning things around. Stock seems to be holding 50 day M.A. and could do well from here. Dr. Lippa has connections with Aurora Capitol, and gave a good presentation at R.R. conference. Don't know what more we can expect from a management team given the state of affairs the old management left. Watching with great curiosity as to the terms of next stock offering to raise cash.
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