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This is very good, I like where they outline the targets for NASH, CX
Back to my other question, is it possible they have no idea how the trial is going and will only know once the CRO presents it to them?
I would think they have some sense, but not sure.
I like how they describe the company and its focus.
It would be great if they announce results prior to this. Imagine if they do some presentation and a week or 2 later announce lousy results.
Who knows those, would they even know or the CRO only at this point?
Galectin Therapeutics to Present at Rodman & Renshaw 18th Annual Global Investment Conference (NASDAQ:GALT) from Galectin Thera: GALT’s Tweet
My guess is the treatments are more gradual, a combination of NASH and cirrhosis.
It sounds like if the cirrhosis trial results late next year are very good they may file early since there are no other available treatments.
Possibly is right in the sense that who knows what happens with the Phase 2 FX results.
Reversing Cirrhosis, scarring in an organ, could make this a huge drug and valuation.
Wait, stock would go to $600?
If it reverses cirrhosis that is possible, but that's late 2017 before that is reported.
Good point. Could still be very beneficial even if results are moderate.
If the CX trial is successful and it actually reverses cirrhosis this could be one of the most valuable companies in the world.
The PR is encouraging in areas, but it's a PR. The statement about we may review this again later or work with a partner suggests they think they will be in business for a while to come, thus, the NASH results will be positive. But no idea, I won't be surprised either way by Sept. results.
Crazy. JS is an idiot and no mention of merger.
Throwing $10m at him and issuing 100mm shares or something is a huge negative for investors. The main positive was him going away and Foster taking control. Tell him to go back to his Karoke career.
when did it get cancelled?
Modest = 1000% increase in a handful or months??
Would be nice, but that's quite a move....
whatever, if they pull this coal project off then this will be one of the betetr trades in the market. Coal has only increased in value and focus with this crude oil disaster.
giddy-up!!
Any idea what shares O/S are and what price would be if we reached the $100MM as Klok alluded to in PR?
i thought they were still working to get this going. who knows. been a long time before PRs.
Still potential here if they get the coal projects going.
with oil where it is coal will only increase in attention.
i thought production was begginning in late Feb or early Mar??
No reason to be sarcastic. It's at .04. I mean, not like you're buying Barrick or Newmont at this point.
I'd like a run to .20 (or higher)...
how many shares O/S now?
any updates on Bootsey getting closer?
Coal will continue to be hot.
almost 4MM yesterday.
Getting ready for the story to unfold.
Loading up for the big run as they launch their coal story....
I need .30s.
forget what I said before...
You're a mor*n!
yes, dump to who? needs to be liquid.
Yes, bit it doesn't trade and won't trade if no story develops.
No point calling each other names.
If you do a split and immediately dump boatloads of new shares on the market there is no one to sell them to. You need a story in place. That is my point.
back to .50s, would be nice!
You don't get it.
There will be a pump, I predict. Look at Bootes' record.
That's all I'm talking about. Not looking at this as a core hold in a portfolio. Coal is hot, they can get a pump....
then it crashes and it's zero sum.
I think they at least get the story and pump in place and then lay on. What is the point of having a .10 stock with zero liquidity and then pile on millions of shares. Would be a meaningless move.
yes, think it goes much higher. Just can't issue tons of freely trading shares as an insider to yourself.
Hey, just get on board for the pump.
hey, oil at $105 brings more attention to alternative fuels like coal. This could run if they get a story in place.
any updates on this? Is Bootsey making progress with this company?
Make sure Klok doesn't confuse the gross vs. net thing. I'm not sure he's clear on that.
whatever this means. Funny that the mgmt doesn't even know the diff between gross & net.
Does Klok know that gross revenues are a different number than net revenues?
He should go to Wiki for clarifaction....
first question: What is your alternative?
2) The reverse doesn't immediately imply anything. There will be fewer shares at higher prices.
The key is getting a viable or at least seemingly viable business model launched....
yes, very good speculative buy if they turn this into a coal play. we'll have to see.
that is like $4k. you act like it's a lot of money. It's not.
Remember, they had the 127MM or about and announced they were retiring something like 65MM shares of Darah's. Hence the 60MM ish.