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I really believe that no Govt. officials know how big a threat coronavirus is because no one can say how many could acquire it before it's run it's course. As I understand it, it's hard to differentiate from the normal flu unless you have a test. The problem is, a greater percentage of those who acquire it eventually end up with pneumonia, and it's the pneumonia that's the killer regardless of how it's acquired.
I have shares in PSTI who's developed a few drugs utilizing placental cells. One of those drugs combats radiation exposure by causing the body to produce more blood cells, all of them, white, red, and plasma. I believe that this drug may also have a shot at curing pneumonia. The Chinese are testing a placental based drug in a small trial in China, so they too think it has a chance.
My point is that PCTL is great to own from a standpoint of having a technology that prevents the spread of drugs, but if you can find a company that has a therapeutic benefit in the treatment of coronavirus, it could be huge, especially if it's not already a BP. I believe PSTI potentially has such benefits.
On those aboard the ship off of California, I heard a passenger interviewed who described what they're doing. It sounds like all passengers are required to remain in their staterooms, meals are being brought to the room, fresh linens if requested, but everything is just being brought to the door, they knock and walk away. It's not so bad for people who have a balcony, or at least a window, but can you imagine what it's like for those in inside cabins. All on the ship will be tested, even if they feel fine, and no doubt they'll be maintained either on the ship or ashore for at least 14 days before they can go back to living a normal life. If they had one or a few of our devices aboard the ship they might consider sanitizing the major dining areas after each meal service, then allowing the healthy to at least eat together, it would be slightly riskier than what they're doing, but far more humane. There is no simple solution, but more crew people than passengers had the disease, so it's possible that meals, etc. are being distributed by someone carrying it without knowing they are.
Many of my friends routinely cruise, some have cancelled their plans until this resolves, others are going to parts of the world not badly infected. It's a risk I wouldn't take at this time, not out of fear of the disease as much as what the Govt. might do if even a single person on the cruise comes down with it. At least if I catch it at home, I can isolate my self in a place that I'm comfortable with. A ships cabin may be fine for sleeping in, but spending weeks without being able to leave would be rather like being in confinement in prison.
Gary
Thanks,
Of course it would be nice to see a PSTI product in such testing, which I doubt is the case. While it's very possible what China is using may violate a PSTI patent, trying to win that battle with the Chinese would be a major effort the way they ignore intellectual property there.
It's at least an indication that others believe in the technology. To me the real question is, without any modification, would our radiation product work well in pneumonia. If that were the case, I believe that we have sufficient product to at least get a lot of patients started. It would also be good to know if one dose would be sufficient, or if it would take many until the patient is cured.
As I understand it, the coronavirus, like the flu, will run it's course in a matter of weeks after it presents. If you can cure the pneumonia it often creates, you'll be fine. In the course of my life I've had pneumonia a few times, in some cases walking pneumonia that hardly restricted me at all. After acquiring leukemia and getting stem cells it's occurred on a couple occasions and while I didn't feel that terrible, in each case I was put in the hospital until I was through the worst of it. I'm now approaching 5 years post stem cells, I don't know that pneumonia would immediately put me into the hospital today, but I'd rather not find out. I suspect our hospitals will be overwhelmed with patients as coronavirus spreads unless something is found that lessens it's threat. If our drug were found to be effective, it could be administered without hospital admission, and as long as it worked, patients would get better.
It would be nice to see a trial anywhere in the world where our drug was specified in the treatment. It would be great if they found a sponsor, but if not, if they sponsored a small trial themselves the stock would probably respond very favorably, and if some dilutive financing were required to pay for the trial, at least it would be at a higher price.
I know people believe it may already be happening in Israel, and while that may be true, it needs to be documented to be of any advantage to the stock. It's not about preventing the disease with placental stem cells, it's about lowering the fatality percentage. The only way we'll learn if coronavirus spreads to the numbers that normal flu does is by letting it run it's course. Our President is proven wrong day after day as he makes assertions it's not that bad and the next day's data shows it's growth. I believe the real problem may be tens to hundreds of thousands of people throughout the world unsure of whether they have the common flu or coronavirus, and even when they recover, they won't know which disease they recovered from unless a sample was taken of what they had. In terms of treating the pneumonia, if we have a treatment it wouldn't matter the source, a patient with pneumonia would be far easier to deal with.
Gary
The question you might ask yourself is, if you miss the dip, will it be trading above where it was before, and will the next dip come down to where it's trading now. I almost never buy on a market order, but I'll often put in a limit that's at or near the ask if I really want the stock. If I'm right about the stock, how much more do I lose if I could have bought it for a tiny fraction of 1% less. If I'm wrong, how much more do I lose. Either way it's normally a couple dollars at most, often pennies.
Gary
Thanks, I frankly have no idea how ships are sanitized between voyages, but I do believe in most cases they're turned over in a matter of hours, so I don't believe it's a very thorough cleaning. In the case of aircraft, the turn around is often under an hour. My point is that little to nothing is done that knocks out germ counts beyond perhaps a vacuum, wipe down, clean linens and towels, and perhaps a spray of deodorizer.
I don't know how much more could be done in the time they turn around either a ship or plane, but I suspect that anyone who had a way of dramatically improving the sanitizing of either without requiring substantially more time would make a fortune.
Our current device could do the job, but not in the allotted time. If something could be circulated through the HVAC and was harmless to workers it could be effective, but it's a major task and would no doubt require extensive modifications to either ship or plane.
I have a few friends who had been planning a cruise in May, I was considering joining, now all have cancelled. I've got to believe the cruise lines everywhere are facing all sorts of cancellations, and we know travel by plane is down dramatically. Until both can assure travelers of greater safety, people won't put their lives at risk to vacation. I don't believe in total isolation, but avoiding large crowds isn't a bad way to go, especially right now.
Gary
Thanks patience, but I've never considered dilution as negatively as a lot of investors do, not if it's being done to grow the company, even if it doesn't look great at the time. I frankly hate it when I believe a better price could have been achieved, but an old broker friend once told me such actions often come about often are orchestrated to put a large block of stock in a bigger investor, or Institution's hands, so I accept the fact that these things happen.
I believe that companies often have to do some pretty bizarre financial things to work through the financial problems. I remember the story of how the founder of American Express couldn't make payroll so he took what he had to Vegas and got lucky. No telling where we'd be if he'd had bad luck, who knows, their might not even be an Amazon had the idea of overnight deliveries died in Vegas. Certainly others have done it, but not until American Express proved it could be done.
I don't know all the things PCTL has done in the past, frankly I don't care that much about it, I looked at what they're doing now when I heard about the company and said, I'm in. I believe their potential is limited by their financing, if they had substantially more money they could make even more. For now, it seems to me that they're concentrating on hospitals, and they certainly could be huge, but hearing about what's happening on the cruise ships, they too represent a huge market.
There are thousands on the ship that recently tested positive, it doesn't matter that less than a couple percent of those on the ship were positive because many may have been infected and not yet had any sign of it. As I understand it, they may be contagious without feeling bad at all, and many wouldn't test positive till a few weeks after exposure. The point is, it will be weeks before we know if those infected on the ship number under 100, under 1000, or more.
I don't know how long the virus can exist without a host. If it were clear that after one week there is no threat, you could tie up the ship, remove the crew, seal everything up, and a week later you could safely resume operation. But do they know this is the case, or could the virus live say in a moist place, like say the drain pan for an air conditioning coil, the ship would be infecting people immediately after resuming service. My point is, these things need to be determined, but until the do, a device like ours is needed to sanitize a ship that has infected people aboard.
Gary
Precisely when news will come is difficult, but I believe in the conference call we were given guidance on when financial data will be out, and I believe it's clear that by some time in April we'll be up to date. The question is, what will having all the financials up to date do for the stock.
In that some brokerages are restricting trading due to the lack of that data, I believe it will be positive, but how positive will be determined by what's in the reports. Regardless of the specifics of the financials, I believe the guidance provided by the company will be positive.
We need to realize that if the stock is trading at a nickle after the news, that's double of what it is today. People would certainly like more, and it's very possible it will happen, but who can be upset about the recent share movement.
Personally I've only been in the stock a matter of weeks and have over triple my money, but I've heard others with ten times their money, or more. By the same token, looking at stock prices for a year, some may still have a substantial loss. Most of us will be thrilled when all who've purchase in the last year or in the black on every share they purchased, yet I note the all time high was about $2.50, so in time we want those shares in the black as well. My point is, new all time highs are over one hundred times what it's selling for today and if it's come down that much, it certainly could go that high, or higher in the future.
On a day to day basis it's nice to see it up in a very down market, but not every day can be an up day, and at times on big up days in the market, we could be down. What's important is the trend is up, and as long as that continues, no telling how high it can go.
Gary
I think we need to be clear about coronavirus. I may be wrong, but I believe our technology may be therapeutic in dealing with the pneumonia that often kills the patients with coronavirus. I do not believe it's involved in development of a vaccine that prevents the disease. Others speak of a vaccine, which I view as preventing people from acquiring it.
If in fact it has a therapeutic effect against pneumonia, it's application will go well beyond coronavirus, in fact regular influenza kills about .1% and most die of pneumonia. Many with cancer are weakened to the point that they too die of pneumonia. My point is, while a vaccine that prevents the disease is a positive, a therapeutic for pneumonia in the long run would be much bigger.
Gary
I can't say PCTL is the cure to coronavirus, but I do believe it can diminish it's spread, especially in places where disease is frequently passed on, like hospitals, ships, planes, etc. Having one at home would be of little benefit if no one at home was sick.
My point is, what's needed most right now is a treatment for those who get the disease, as we know it will be a year to 18 months or more before a vaccine that prevents it will be available. Beyond that, devices like ours is highly desirable to reduce the spread, but it would take millions of such devices to dramatically reduce it as you'd need them everywhere that people get together.
We belong to a movie group where we get two movies a week on the weekends, the theater will be near full for major features. We've decided we'd rather pay to see the movie in a theater with just a few people, or even better wait for it to be available at home. My point is, until the threat is diminished substantially, the avoidance of crowds is your best defense.
The beauty of our technology is, it isn't intended just for coronavirus, it's intended for all sorts of things that are most often found in hospitals, emergency rooms, cruises, planes, etc. An investment in it won't end the coronavirus threat, but it will diminish disease transmissions as long as it's routinely beind deployed.
I don't know that a single unit is sufficient for most large hospitals, I suspect that as it proves itself, many larger hospitals will want one for every XX number of rooms. If I were responsible for sanitizing a cruise ship I'd want hundreds of units, so I could turn over the ship in just a few days, or less. Fortunately those hundreds of units could be deployed for a fleet of ships by a service that could sanitize the fleet. I would think that a couple units would sanitize an aircraft quickly, but clearly the entire airline industry would be destroyed if each plane had to be sanitized after each flight unless a device was developed that tied to the aircraft vent system and did the job in minutes. Of course the airport itself needs to be sanitized as much as the plane, and that needs to occur while it's still occupied. Now if you can do that, the same technology could be used at theaters, etc as well.
Gary
What's the difference between a $200 stock going to $300 and a $.02 stock going to $.03. On a percentage basis there is no difference, nor is their a difference in the gain you'd make if you invested the same amount of money in each. Thing is, most of us wouldn't invest the same amount of money in a $200 stock as we would a $.02 cent stock.
Frankly in general I don't buy less than 100 shares of anything, if I cannot afford that I probably won't buy, so I'd pass on most $200 stocks. However if it's $.02, the least I'd buy would be 10K and probably much more than that.
The point I making is most of us don't put a lot of money into a penny stock, but if we're successful that penny stock could make us millions. Substantially more money invested in a $20 is unlikely to make millions, but it's also less likely to go belly up. Just one penny stock that reaches $20 would probably make any of us rather wealthy, whereas a $20 stock going to $200 would make us feel quite profitable, but not the same sort of wealth. A $20 stock would have to go to $20,000 to equal the gain of a $.02 going to $20. I like the odds of the $.02 stock doing that better than the $20 stock. Certainly buy a bunch of penny stocks and many will go down, or go belly up, but just one that goes even to $1 makes you a lot of money, and if it goes to $10 it could change your life. That's why I for one will invest in a penny, or even sub penny stock, which PCTL was when I invested. In the case of PCTL, if the trial in Britain results in a massive order, I believe a $1 or more could happen practically overnight, but lacking that, as long as sales to hospitals and elsewhere continue to increase, $1 or more will happen, just give it time.
Gary
Thanks, I believe that reducing the O/S to 5 million is extreme, if they don't control the stock investors should reject it.
Gary
I'm certain that nothing that's new will be discussed at the Annual Meeting, but it provides an opportunity to go deeper into whatever is announced prior to it, as well as meeting many of the key people working for the company.
I've not personally attended, but know people who have in another company, and they generally found the opportunity to speak with key people in the company, both before and after, was more informative than anything that was said during the formal meeting.
While I doubt if the company will webcast the meeting, I would hope they do something I've seen from other companies once more information is available from the trial. Namely, host a Science Day. This is generally a one to two hour webcast where investors hear from the scientists doing the work, and typically Analysts are given the opportunity of asking questions. Clearly such a presentation needs to provide more than will be found in top line data, but substantially less than what will be presented at a technical conference, like ASCO, for peer review. Ideally it would also include new information about DCVax-Direct as well.
I would hope that by the time of the Annual Meeting a successful treatment protocol for coronavirus will be available. If they can reduce the mortality rate to something close to the .1% if flu, people won't fear it the way it's feared today. I've heard Govt. sources are saying it may be 1%, but the data coming in from elsewhere is substantially higher. Ultimately I believe most people die of pneumonia, which is the case for many diseases where that's the killer after the disease weakens the patients ability to fight it. If a product is beneficial in pneumonia, it will apply to far more than coronavirus.
Gary
I suspect that's why the stock tanked, investors clearly don't like it. The question is, can we say no. I attempted to find the current authorized and outstanding shares, but haven't yet found them. My opposition to reverse splits would be somewhat lessened if the number of authorized shares were reduced by at least half the size of the R/S. In this case, if the O/S was reduce by 50 to 1, I could live with a 100 to 1 R/S. Otherwise they'll just dilute and ultimately put the original shareholders in a position where they own 1% of the company.
Gary
I wish someone could confirm even a single time in which our drug was tried on a coronavirus victim. I believe it could benefit people with pneumonia from a variety of causes, but unless someone confirms it's being tried I believe we're missing out on a tremendous opportunity.
I'm not a medical expert, I'd like to hear the thoughts of those who are.
Gary
It seems to me that each time we are told something by the Administration about coronavirus, time proves they're wrong. If we had millions of test kits available the spread might be slowed, but on thing's certain, in that you have to feel sick before you take a test, no telling how many you've spread the disease to before doing so.
A look at the cruise ships where it's spread is a perfect example of what's happening. Perhaps one or a couple people boarding the ship were carrying the disease. By the time the ship docks after a week or so of cruising, hundreds have the disease, and more may be determined during quarantine. This goes beyond just direct exposure, people are picking it up from places they touch, where the person with it coughed or sneezed possibly an hour or more before is my guess, it also may be carried by the ships vent systems. This is purely a guess on my part, but how else do you explain the growth of the infection aboard ship.
I can only hope that something can be found to effectively fight the disease once you have it. It will be well over a year before a vaccine's available, even if the President demanded a month or two, sorry, even he cannot make something happen that defies science. Dr. Fauci can be believed and his estimate of 12 to 18 months if probably optimistic.
Our device could lower exposure, but it would probably need to be used multiple times a day in heavily crowded areas to be effective. In the case of a ship, perhaps in dining areas between meal service.
Gary
According to what you're quoting PCTL has over $3.6 million in cash after it's liabilities are deducted. According to CNBC it has under 60 million shares outstanding. If these figures are true, it should have a book value of $.06 or to put it another way, it's selling for about 1/3 of it's book value.
I don't know if the numbers cited in the article are correct, they may not reflect today unless they were given figures by the company that reflect about what will be reported when earning are reported.
Please correct me if I've done something wrong, but to me this stock is positioned in one of the few places that should see benefits from coronavirus, and it should be trading at a multiple of book value.
To really know how incorrect, or correct the figures are in the article, as well as whether CNBC's share figures are correct we really need the results of the past quarter. If the numbers are even in the ballpark, the company is currently trading below book value. How long will it take for investors everywhere to wake up to this fact.
Gary
As much as I'd love to see the unblinded data, barring that, I would like to see an update by Dr. Liau on what she previously reported, the Top 100. In that group it was clear that the median was growing and was near 60 months at the time, it's clear that many in the Top 100 are still alive, and that median is now well above 60 months. Clearly Dr. Liau does have access to all this information as she previously reported on it, so an update could be made. She has previously reported on how many in the trial remained alive, so that's something that can be brought up to date and reported again.
If the SAP is acceptable to all 4 regulators I believe we're in the process of unblinding, but if not, the delay will be until we have that agreement, or a determination is made to limit the regulators that initial approval would be made with. While the hang up, if there is one, is probably the U.S. FDA, which represents the biggest market, if in fact they're unwilling to make the necessary changes, it wouldn't be the first time great drugs were initially approved elsewhere, and the FDA finally went along.
I do believe that things are coming to a head, by the time of the Annual Meeting we'll know more, but what we'll know will be up to the company.
Gary
Pluristem isn't in the vaccine business, but we might have a therapeutic that will benefit pneumonia victims, at least it ought to be worth a try, and that's what kills people with all sorts of diseases, including coronavirus.
Gary
Serious people like Dr. Fauci have tried to get it through Trump's head that a vaccine will take about 18 months to test, and then produce in quantities that would be of benefit to the public.
A therapeutic is a very different matter. Anything that already exists could be tried with coronavirus, and if benefits are seen, it could be used. While our products aren't yet approved, they have been determined safe and permitted to go into pivotal trials, so while they may be more difficult to use against coronavirus, they still should be able to be made available. The difference is, any approved drug would be readily available for off label use, our drugs would have to be made available by the company, and regulatory official would no doubt have to permit it.
I believe it's probably easier to do such testing in Israel, Germany, etc than here in the U.S., but if positive results were seen, it's acceptance could come quickly almost everywhere. With safety already established, efficacy should be easily judged as people on death's door recover.
I seriously wonder if eventually coronavirus will become a part of the flu shout that's recommended yearly, or if it will have to be administered separately. As I understand our annual flu vaccine, the experts guess at what the flu threats will be for the coming year. If they're right, it's a light flu season, if they're wrong, it's a bad season. As of now, flu deaths are far greater in number than coronavirus, but a much smaller percentage. Of course there is no way to know how big the spread of coronavirus may be, if it grows to anything close to those who annually get the flu the deaths could grow into the hundreds of thousands.
What's clear is that by the time they know a patient has coronavirus, not a bad cold or the flu, that patient may have spread it to many people. For all intents and purposes those who get it feel no different from those with the flu, they have a fever, they're congested, they cough, in short they can spread the disease, and they have no idea if they're spreading the flu, a cold, or coronavirus. Pneumonia is what can make all these diseases potentially deadly, and I seriously wonder if our drug may benefit pneumonia patients.
In short, I believe that the spread of coronavirus cannot be thwarted, by the time you know someone has it, it's probably been exposed to tens to hundreds of people, many may not get it, but some will. Even if it turns out that 99% will survive, 1% is a huge number as the disease spreads. The prior slashing of the CDC budget no doubt has made this worse, but even with more and better testing kits it would have been impossible to prevent this from threatening people. Personally I must consider myself among the threatened, I'm a senior, and while my stem cell transplant is approaching 5 years, some would still consider me immune compromised. If I get ill, I'll certainly be in contact with my Dr. at City of Hope.
We all know the flu runs it's course annually, by late Spring it's pretty much gone. Trump is hoping the same is true in Coronavirus, while I hope he's right, the fact that it's seen in Australia, Africa, and South America, where it's Summer, it's a concern that it may not be a seasonal phenomena. Hopefully exposure will result in naturally building a resistance, but again, that may just be wishful thinking. I just hope our drugs can be given a try in pneumonia, if they don't work, so be it, but if they do, no telling how many lives may be saved.
Gary
Gary
Retrenching a bit is certainly normal after yesterday's move, especially considering the Dow is down over 600 points. Actually this has been a small move down, and more could come, but perhaps not until new highs are reached.
The coronavirus certainly should draw attention to what the company is doing, but big investors and institutions want to see financials, and I believe the company will get a big boost out of becoming current in it's filings even though it will show it's financially weak. The key will be establishing a plan of action for the future, as long as investors view it as realistic, the share price should fly.
Gary
I would certainly like to see if our radiation drug also had benefits with pneumonia, it's blood building characteristics would seem to me to potentially have benefits, and it's pneumonia that kills most with the coronavirus, as well as flu and many other diseases.
I don't know that the U.S. would permit such testing, but in Israel I believe they'd be more open to it, and they could try it in any case where pneumonia was threatening a patients life, no need to wait for a coronavirus case, if it worked in once case, it could be tried in others.
Gary
As I remember it from the recent presentation the overdue financials and current financials will be out in the near future. While it's clear the company doesn't have tremendous financial resources, the fact that at least one quarter is long overdue is preventing trading at Fidelity, and perhaps others. When they're filed, the company could move up even more as investors there will be able to purchase.
I did purchase into a Fidelity account prior to them stopping it, I was lucky. I really don't know that I would have moved my account had I been told no, but it's sounded like many who wanted in did so either out of a different account they had, or established new accounts to be able to invest.
I believe those forecasting a dime or better by the end of the month could be very right, especially if all the financials come in, and the company provides information on how they intend to handle their financial needs in discussing the most recent quarter. At a dime, they really wouldn't need to issue that much stock to add working funds. I don't fear dilution if it's done properly, and for the right reasons.
Gary
I've recently lost a friend who had leukemia, but that wasn't what killed him. I've likewise seen where all sorts of people .1% of those who get the flu die, and it looks like over 2% with coronavirus die as well, but I'd hazard to guess that most are greatly weakend by the disease, but that's not what they die of either. After my stem cell transplant I was hospitalized a few times when I didn't feel that sick, but I was suffering from the same thing that killed most of the above.
That thing is pneumonia. Many with cancer, the flu, and all sorts of other diseases are weakened by those diseases, but they die of pneumonia.
I certainly can't say with any certainty, but it seems to me that we may already have a drug that would improve recovery from pneumonia, it's the same one that improves the recovery from radiation exposure. Think about it, it builds blood, all types of it. I'm certainly no expert, but I suspect that if you build the blood counts with healthy blood cells, your body may strengthen and beat the pneumonia.
Frankly, being of benefit in cases of pneumonia would be bigger than curing coronavirus because while coronavirus will run it's course, a vaccine will be developed to prevent getting it, but pneumonia will still be around and a killer of people with all sorts of diseases.
Gary
Think about it, if PCTL goes to a dime, you have as great a percentage gain as Tesla has made from $200. Do you think PCTL will stop at a dime, I don't, do you think Tesla will go to 8000 before PCTL reaches $1. Same percentages, I like our chances better with PCTL.
Gary
I believe that once more test kits are distributed it will be found that many more who were thought to just have the flu actually have coronavirus, and if they have a way of testing those who've passed on recently, many may have had it. By having so few test kits available, people were not detected, so the problem could be denied by Trump, or at least the scope of it could be ignored.
By laying off the department responsible for such epidemics Trump just put them on ignore. As long as no one tells you of a problem, you don't have a problem. Trump doesn't want people who create problems, he wants people who're loyal to him, and him alone.
Frankly I don't know how much it will matter as long as people won't be tested until symptoms are seen, and by that time hundreds or more might be exposed. Our scientists need to be working on both how to treat those who have it, as well as how to prevent getting it. It's being worked on all over the world, so whether it's answer comes from here or elsewhere, hopefully it won't be that long until it will be found.
I actually believe that the radiation drug that PSTI has in trials could be of benefit, as it builds all blood components for radiation victims, I've written the company and gather that they're exploring the possibility. If it were up to me, this theory could be tested on someone thought to be near death, but our system doesn't permit such actions. It could take months, to years, to determine that something which already exists as an experimental medicine could be the answer, whereas if it were an approved drug for anything, it could be tried immediately by a Dr. and patient considering off label use and doing it.
Gary
Trainers have told me that gym's are typically loaded with germs, perhaps the steam room is a positive, but I've been told that you often can get infections in a Jacuzzi, so I really don't know going to a gym where many people are in and out daily is worth the benefits the steam room may have.
If steam truly has tha great a benefit, more of us should probably turn our showers into steam rooms/showers, I gather it isn't that big a remodel to do it.
Gary
When I spoke with the company it was clear that they have worked with atomizing the solution in all sorts of ways, and they can do what Nevoa is doing if they wish. I believe they determined what they were doing was most effective for doing a hospital, or similar room.
I believe the company knows there are all sorts of ways to employ their technology, as the company grows they'll no doubt bring out additional products.
I believe the discussion of using Lysol and Clorox is largely based on the fact that it's something available in most homes. Hospitals are a different matter, and not that it doesn't work there, but it's not something you'd want to spread out all over a hospital IMHO.
Gary
There is no way to prove it, but I heard a Dr. indicate that it's very possible that pneumonia related deaths in the last couple months may have been caused by coronavirus, but because there was no test for it, they really don't know. Most flu and victims of many other diseases often pass away to pneumonia, not the specific disease that weakened them, and recent deaths which may have been thought to be flu related may very well have been coronavirus.
Our Govt. may say we're well prepared, but the fact that other countries have many times the number of test kits than we do, and practically none have been used until the last few weeks belies what we're being told. We're catching up, but no telling how many here in the U.S. have the disease, we won't know until far more patients thought to have the flu are tested.
Gary
Thanks Doc,
I suspect coronavirus will get substantially worse before it gets better, but how long the market will suffer is hard to say. As to the Middle East, long after we're all gone I doubt it will be resolved.
I suspect the Taliban will not leave women's rights be unless a central govt. is strong enough to keep them in line.
Gary
It would take a second Revolutionary War to change it, clearly a vote won't get there as State's won't vote against their best interests for the benefit of the country. No doubt a New Constitution would have dramatic changes, I just don't see us getting there. The old document is a magnificent one for it's time, but our founders couldn't have ever envisioned the world as it is today.
Gary
Actually I believe the company provides the information to the brokerages and they solicit the shareholders to vote. The proxy and all other information is provided to the SEC.
I routinely get notified by my broker that I have a proxy to vote on.
Gary
I'm afraid you're right. I just heard CNN indicating they'll be reporting on an expert who believes that before it's all over 70% of the population will be exposed. I have no idea what percentage will acquire the disease, but even if the mortality rate can be reduced, at 1% the losses could go into the hundreds of thousands or worse.
I've written PSTI about the possibility their placental based drugs could have benefits for patients. You might take a look at what they're doing and let me know if you agree. As I see it, their radiation product builds blood cells, and that has been shown to have benefits with pneumonia, which ultimately kills most patients with viral infection, as I understand it.
Right now I heard that 8400 people are being monitored in California, they're not saying they have the disease, just that they may have been exposed.
Gary
I sent my suggestion to the IR person at the company, if I get an answer I'll let people know.
If by chance one of the product has benefits, it wouldn't be needed in tremendous quantities, only by those who's conditions continue to worsen rather than recovering as the overwhelming majority do.
Right now they're saying about 2% are dying from the disease, I believe that percentage could grow if they don't find something that fights it, as many still have it and could go either way. At 2% it's roughly 20 times more deadly than the common flu which I understand kills .1%, but of course many more get the common flu, at least thus far.
I certainly can't say it will work, but I don't believe without giving it a try anyone knowledgeable would say it cannot.
Gary
Captain,
While I'd hope your wrong, as I understand it they're seeing it in the Southern Hemisphere, where it's Summer as well, so you're probably very right, warmer temps won't put an end to this. In fact the only continent that has no patients with it is Antarctica, but I did see that they're seeing record high's there, in the 60's. But of course we don't have global warming, climate change, or whatever they care to call it, if you can't believe Trump about that, who can you believe.
Gary
Don't look for a single article, look at the many articles on the subject. Enjoy your dinner, then you can see that for one article suggesting what you're saying there are dozens suggesting otherwise.
Gary
If we have patients in critical condition from coronavirus, don't you think it would be smart to give them our drug and watch what happens. I know it wasn't developed for this purpose, but it has been tried in people and is known to be safe, on the bases of first do no harm, doesn't it make sense to give it a try.
Gary
If we have patients in critical condition from coronavirus, don't you think it would be smart to give them our drug and watch what happens. I know it wasn't developed for this purpose, but it has been tried in people and is known to be safe, on the bases of first do no harm, doesn't it make sense to give it a try.
Gary
It bothers me that the world doesn't work on such problems together. If it were up to me, top people and companies from all over the world should be working on the problem, and all who contribute to the effort should share in the rewards.
China certainly has the greatest guilt, as they attempted to hush up the problem till it was obvious they couldn't, be we certainly didn't help, and now I'm hearing those who went to evacuate those aboard the ship weren't properly protected. They say none have yet been infected that they know of, but it's a sad commentary on how we're operating.
Once a vaccine is developed, everyone capable of making it should be put to work doing so, and all should share in earnings from making it. Instead of that, one or two companies will probably be doing it, and if we're lucky by fall of next year we may all be able to get the vaccine.
I believe once we have something believed to work, if everyone that could make it did, we could be protected in a matter of months, not over a year.
Gary
Just a though, could our radiation drug also fight the coronavirus. As I see it, it builds blood, I suspect the virus destructs blood, could it be an answer. I'm no medical expert, so I'm just asking what others think, is this a possibility.
Gary
Thanks,
I hate to say we look like the Keystone Kop's, but we do. After people are found to have the disease, how are they permitted to leave the state. If they left by plane, that's potentially hundreds exposed. Just leaving without being quarantined could infect hundreds, and no telling how many they might infect.
If we don't have a way of treating and curing essentially all who acquire it, pandemic is probably a proper description of what's happening.
Gary
It's been just a little over 2 months since I planned to sell half my OWCP for a tax loss, then they announced patent approval. We had a substantial gain, but have given back much of it, but nowhere near the sub penny price we were before the announcement.
I made the decision that holding is worthwhile, I'm not worried about the day to day weakness, especially when coronavirus is killing the market. Am I adding to my position, if I had access funds I'd consider it, but not yet. What I do believe is that sometime later this year the company will finally give us another comprehensive update, then we can truly evaluate what we believe the potential is.
Right now, all we know is the skin cream will be further tested, and we believe that further testing of the sublingual tablet is anticipated as well. I believe before substantial funds are put out on the sublingual tablet, they need to know that they've still got a shot at patent approval.
I cannot tell you this stock will go to a dime, a dollar, or ten dollars, but I certainly believe it has that potential and more. Just the cream alone if approved as a drug by our FDA and other International regulators could potentially be a blockbuster drug. Even if OWCP partners the drug and only sees 10% of sales, what would $100 million in earnings do for the company. With the current shares outstanding, that would equate to about $.35 a share, with a P/E of 10, that's $3.50 if the P/E's 30, it's over $10. It could certainly be worth more than that, especially if additional patents come through, and of course if it's found effective against many skin disease, not just psoriasis, it could be a blockbuster many times over.
Gary