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I owe the perpetual naysayers on the board an apology. You folks called this garbage a long time ago and you were right to do so. When I invested in this, I knew the risks and had the money to spare. I believed in the hope of their various technologies and what appeared to be dedication to its achievement. Well, like so many other professionals, my circumstance have radically changed in the past few years and I hoped against hope that this last stock I held onto could at least hover around my entry price of .105. That 10,500 would've been very helpful right now, even if negligible progress didn't pan out to gains. Ironically, they promise to make life easier and healthier for others, and yet this added stress has taken its toll on me. While they claim to try and save lives, the cost to me has been brutal. I know I'm not a savvy investor, but when I was flush, I believed their purported mission was worth the risk. Manhattan Scientifics will be among my more foolish mistakes. If the folks behind Manhattan Scientifics are purposely grifting investors, I'd like to believe they're own fate will be sealed one day. And maybe they will get away with it if they are indeed stealing from people. I wish my hope and faith had been better placed. I know better now. And this, added to other things completely outside my control, have taught me to place little faith in our way of life and how we conduct business. People like me are stupid idiots and people at the helm of Manhattan Scientifics thrive on our naive hopes and good intentions. Nothing more to be said.
Okay. I'll bite. Performance of the company: Seemingly underperforming business and/or business model that lacks the aggression for positive results that WE THINK they should have so that we may line our pockets with monetary rewards commensurate with our belief and fiscal investment in their development products while they continue to dilute the share value in order to stay afloat. But, what if it pans out because it all works in the end despite the rocky road? That about sums it up. Now, do we reamin faithful to that possibility or do we belabor the negatives on a daily basis so that everyone who still has some belief in this company's prospects should feel stupid, naive, and foolish for their hopes? As for being the focus of attention ssc, if you self-appoint yourself as the watchdog and guardian against the "Rusty's" of the world, you've positioned yourself for attention and scrutiny as to what your own motives might be. I'd like to think they're noble, but "protecting" us from the hyperbole doesn't seem to take into account that we do think about the company's shortcomings. By grandstanding for us implied stupid people what you believe should be your obvious-to-all business acumen and brilliance hasn't exactly endeared your cause to me by way of its relentless method. Others can speak for themselves.
At one time I thought it would be terrific to have this company succeed for the benefits its product could provide to those with developing cancer. I still believe that, but I also think it would be nice for Manhattan Scientifics to succeed to finally wring out your wet blanket. Well, at least for a day or two until you decide it's not enough to detect itty bitty amounts of cancer cells, the company should have developed a machine that could accurately predict who will be stricken with the ailment among those not yet born.
What seems like an even greater effort in futility than this company's performance is being a chronic, multi-year naysayer and perpetual negative critic. Eventually, to what end? It's like having someone belabor "I told you so" year after year after year after year. What masochistic jolly can anyone possibly get out of being a redundant and relentless doom and gloom wet blanket of righteousness? I don't think there's anyone here that doesn't comprehend or acknowledge that despite having sound experimental ideas, the execution and realization of those goals has been unsatisfactory and, at the very least, underwhelming. At the time I invested, I could withstand the loss if there was to be one. Well, my circumstances have changed and I hope every day to be able to cash in a bit to make ends meet without taking a dire, 50+% loss. At this point there isn't even a write-off benefit. The thing is, some people do make some money on these penny stocks. Maybe not wealth or even comfort, but a few bucks. Many of us took the gamble and plunked down our money in the hopes of turning a profit. There's absolutely nothing wrong with what the company says it would like to do. It doesn't even sound far fetched. Imagine what IBM looked like at first to investors.
So we understand this company's perpetual malaise with ever-waning hope. We're not blind. And so what if there's a bit of hope left? Should we be taking the gas instead for our dire mistake? I haven't seen any pumping or over-reaching gushing in well over a year. Why the continual salt in the wound? Aren't there other company's more worthy of your investment savvy that you can ride into the sunset or is there some thrill in kicking a dead horse over and over and over again? Just wondering.
Aren't there sites where you can see the brokers that are buying the stock?
Does anyone know what's going on here? I'm not complaining. (There are others who do that far better than I.) Just wondering if there's some scuttlebutt about regarding imminent news.
Rusty, and that alone is worth investing in. Amen.
Just to keep things in perspective... MRI technology began in 1946. It was primarily used for industrial applications. The first human examination wasn't done until 1977. With additional advances, Drs. Lauterbun and Mansfield won the Nobel Prize for applying the MRI for diagnostic technology... IN 2003. If this is the current arc of medical technology development... we have decades of sour griping to anticipate. Note to self: Make sideline investment in pharma working on longterm time release, mind-numbing sedatives.
I thought that's what the clinical trials at MD Anderson were all about… proving the technology. I thought that was what took the stock price to where it is now over it's depressing low not that long ago. I thought medical tech requires long haul testing and study to confirm the mechanical efficacy. I thought only quick buck gimmicky "household helpers" reach QVC's retail bonanza in lightning speed… (even after years of raising funds to fine tune and prototype that handy-dandy lint remover…) What I do need help with is wrapping my head around an alternate reality that disparages the progresses that have been and are being made. And from what I've seen in prior med developments with other companies that are much larger, MHTX has done so in a relatively short span of time in this specialized arena. Apparently no allowence is given to a very small company gaining a foothold in a very VERY large marketplace of competitors…
We're both on the same page. I see the issues as well. BUT… there has been progress. As anyone knows, these small start-ups face incredible challenges to get themselves noticed, and if noticed, not to be squashed by big industries that don't want to see their own products potentially fail. It's a BIG LONG SHOT. We all get that. Could it succeed? Possibly… but not easily. This company will not perform to the expectations of some investors. Not only will inexperienced management in the big playground underscore this outfit's viability, but so will the threat of this product to the established technology. BUT.. maybe, just maybe… something great will happen. That's why all of us invested here… because of the possibility. To reiterate the company's shortcomings does not do anyone any good. It's ALL KNOWN, by everyone here. So what's the point of whining about the ops over and over and over again…. This is exactly what happens with these OTC efforts. No revelation there… but to belabor the obvious… an effort in frustration and futility to us all just to be annoying.
And in fairness, Hunch, I've read every pretty much every post you've written on this board for well over a year. Occasionally I even tried to decipher them. So given that, I'm sorry you didn't quite wrap yourself around my statement of "thanks" to Rusty, which you mangled into what you felt was a tedious and overplayed "good job." And in offering an olive branch, accept my promise that you'll never have to suffer my trite sentiments of gratitude. Based on history alone, there'll likely never be an occasion where I thank you for a contribution you've made to this board.
Hunch, you seem to have stumbled unintentionally upon irony when attempting to take me to task about not contributing anything new or informative… Apparently you consider complaining about MHTX and management when it was .04, then .06, then .07, then .08, then just under .09 is considered new and fresh because the pps changed so horribly upward within the past year.
Thanks for the info, Rusty. Unfortunately, MHTX individuals could have the Nobel Prize, the Academy Award, a slew of Grammys, a Purple Heart, a Medal of Honor, and the Key to the City or Cities, or for that matter… the Universe, and someone out there will just never, ever be impressed, content, or satisfied with the incremental progress toward a greater good for humankind… with the side advantage of rewarding a few folks for their patience and support through what is understood by reasonable folks to be a long process.
Okay… I just tapped out my PayPal account on those purchases to aid the cause… Could a better price point be had on Amazon or ebay? ;)
While noting Big Theo's comments and those others have made, I'm still getting a queasy feeling. Again, nothing to do with the advancements in products or the ultimate goal. What worries me, because I've been there already elsewhere, is a HUGE AS, that, should the shares sell or be given away, which may diminish the value of individual shares. In order to bring some value back, a reverse split may become necessary somewhere down the line. So while this is move may be rationalized as essential should it occur, smaller investors get hammered. Large holders get affected… but I'd sooner have 60M that are now 30M should the share price creep to a buck. However, at 100K… well… while a nice return, it's no where near where it could have been. Maybe I'm missing something here, but in my admittedly limited stock investing experience, large AS for a small company often just reads as desperate. I find it hard to believe that with all the brain trust ion MHTX, no one thought to engage a rainmaker to cultivate real dollar investments from development partners instead of pressuring so much onto the backs of shareholders.
I think the company's goals are still valid and worthwhile. Unfortunately, this increase in the AS just undermined their credibility. Now it just looks like another penny stock from hell with principals that just don't care about the investors.
Actually, the valuation of the company has been pretty consistent with a few years back, maybe even four years or so… The market cap when I originally purchased this stock was about 29M. It now hovers a bit higher in the low thirties after a dive to high teens. The issue has been the increased number of shares, but the faith in the company's worth is back up again. But the company itself is considered to be worth more than it once was, and more in line where it was a few years back. However, sadly, (actually, very sadly…) no where near it's original bow on the public stage. Maybe one day again should these endeavors pan out to reliable revenue. :)
For the past few weeks we've seen pps increases that have been steady followed by a spike on Friday with the news of Ms. Upham's involvement. If those increases, which were over 40% upward in three months, occured on account of a consultant contract being entered... can you imagine what happens with even a tentative commercialization agreement? People seem to be poised on the edge of their seat waiting for the next development... and I truly hope it won't be a long lag like those that we've seen in the past where boredom prompts sales and a degrading pps. What I believe we are seeing now is growing confidence among investors. Eventually I hope the confidence turns to support and real investment.
:)))))
While no one, including me, is thrilled with the slow deflation of the pps over the past few months, it's worth noting, and remembering when frustration sets in, there isn't any volume in this decline. It's not a sell off... not at the quantities posted the last few weeks. Some folks may be bored, disenchanted, discouraged, or in need of cash... even at a potential loss. I suspect he daily volume is A LOT less than many investors have in MHTX individually. Hardly a dump. Just plodding along.
SSC, I never quite get a handle on your sentiments. Your pragmatism and honesty of your feelings and assessments are notable. But do you WANT MHTX to succeed? If you've thrown in the towel, just curious as to why, after all this time kicking what appears to be a dead horse, or at least a comatose one, you haven't sold off the lame mare to the glue factory, lick the wounds of your losses, and moved on to another rodeo... (To belabor the weak metaphor a bit further...) You appear to be still in the saddle, so I'd like to think, despite all of your graveside wristwatch gazing, you're still hoping or believing that something positive will come out of all this. You seem too bright to be a non-player and waste your time the way MHTX et al has been accused of doing with its investors.
This isn't an argument, just a friendly WTF. :) There are only three options that make logical sense for the relentless wet (horse) blanket...
1) You are 125% behind MHTX and like the dips to pick up shares.
2) You have major losses here and don't know when to pack up your doll and dishes and ride into the sunset.
3) You have endless hours to set an example for others on how "to be real." If it's number three, thank you.
Facetiousness aside, this is written with a wink and smile... because we're all just sitting on our hands and waiting. Some choose to wait with optimism. Others choose to wait with rancor.
After losing scads of money (for me, anyway,) a few years ago when I had millions of shares, I re-entered with 275,000 shares... "just in case." Those 275,000 became 56 shares after the 5000:1 R/S. Now I will have a fractional of a share. If there's a God, I hope karma exacts what it needs to in hefty doses from these thieves. All that glitters, in this case especially, was not gold.
Kill this sham. Sell it. Take the loss. Destroy this sham. ENOUGH!
Garbage stock. Always was, always will be. Disgraceful. Lost a buddle on this mess.
Um.... are we a tad past due for a quarterly report being posted? The last one that I see on here is from 9/30/12.
Good morning everyone. Please accept my best wishes for a safe, happy, and healthy holiday season and new year!
Some folks may wish to take a gander at this. This past year I opined where I thought the pps for MHTX ought to be. I was told that based on little company progress, the valuation is perfect and right on the money. I countered with how other companies with less going for them are valued much much higher. Yesterday, I found this info on a company I cited that made no sense how or why they have the pps they do.
Their current OS is 97M compared to our 456M, or 4.7 less than ours. Their pps is 1.31, which, when divided by 4.7, comes in just shy of .28 per share, all things being equal. Now check out this article...
http://tourbillonresearch.blogspot.ca/
If this doesn't link for whatever reason, you may visit CTIC directly on this site and look at the investor comments. Someone in the first few comments provides a link that works fine.
Thankfully we do not have to contend or have had to contend with these problems. Hopefully we never will. But this is the reason I am baffled about MHTX pps. And there are many other companies like this. The article I linked has not been the only critical review of that company's business practices, but it is the most recent...from December 17... yet the pps is still, when adjusted, incomprehensively high.
Let's hope we never have to deal with such problems, and that investors place a bit more faith in MHTX unless given cause like the article assigns to that other outfit.
Again, Happy Holidays everyone and best wishes for a wonderful 2013.
SSC's points are valid... it is very difficult at times to remain upbeat and try to fill in the blanks with optimism. I can't answer to why no news has been forthcoming regarding the clinical trials save for these speculations: One... they haven't taken place. Two... They are taking place but refrain from steering sentiment until all measures are in and duly analyzed for a solid conclusion. I suppose revealing the potential results would have much further reaching impacts than just investors looking to make a buck. If results are released too early, it may lead folks afflicted with leukemia to have false hopes or barrage the company for admittance into the study. As a small company, they would not be able to bear the load of inquiry that a GE medical tech or Bristol Squibb could do. Plus, exciting news prior to completion could prompt larger companies to initiate similar programs as competition toward the same brass ring, thus effectively shutting down MHTX efforts.
The results may also be disappointing on the initial trials and lead folks to abandon further study prematurely when all that was needed was a tweaking of the controls or study parameters. In fact, I suspect real news won't come out until some time after the trial concludes and the data can be presented comprehensively. About the only thing I anticipate is a quick blurb stating that the trial ended, if indeed it occurred.
While it's also true not many people are buying, it also appears not many people are selling. Save for a number of us chomping at the bit on this site and I suspect others, I sense folks have backburnered their enthusiasms for patience. In all liklihood, these folks have more immediate investments that are "performing" in a more notable way on a daily basis. This stock slogs along with an occasional small rise followed by a drawn out retreat.
What I don't understand, and it has absolutely nothing to do with the stock, is the sniping that goes on in this site. If a person believes in this stock, therefore the company's goals, why be derided for it? So many companies are valued at potential and promise, not actual results. Two examples are Dendreon and Cell Therapeutics. Cell has been blasted for numerous R/S maneuvers, dilution, and lackluster clinical studies that have consistently failed to meet FDA benchmarks. It was only when I studied the pps fluctuations of their roller coaster existence that I began to wonder why this company languished so poorly. Yes, there has been dilution... but other companies that have A LOT of share activity also have had chronic histories of dilution. ...and worse. This company IS pokey and unnervingly quiet. I never claimed otherwise. BUT... they don't appear to have the same significant setbacks that other med stocks have had, such as FDA approval failures... and those companies are far more active and their investors indulgent in their pps valuations. That's a fact and it's clear to anyone looking to make comparative performance valuation analysis.
I believe that this company's greatest challenge at this stage of its development is flying too far below the investment community's radar. When the few and far between news items come out, it has always appeared to be progressive... or at least positively speculative. Not once have I read about any one of their programs hitting a brick wall requiring a new approach from scratch. Has anyone? Please share if you have. Other companies have faced these dilemmas... and have bigger investor faith despite having NO HISTORY of success, like MHTX. Yes, some have smaller OS or AS... and I take that into account and divide the pps accordingly. That's how I came to my assertions of where I thought the pps ought to be. A fair argument could suggest that those other investors are foolhardy and MHTX has drawn more pragmatic and/or realistic investors. Okay. But why this endless poking a stick into people that choose to believe?
To me, it's straight forward. If you like what this company is about... it's going to require some faith... maybe even blind faith at this stage of their game. It's a crapshoot. We get it. And we entered the fray choosing to place our confidence into their endeavors. No one on this board has misrepresented the company. Yeah, the info may be a rehash and/or old. But their is nothing truly negative for a naysayer to hang their hat on. Dilution? Sure. They're a start-up company. MHTX is not notably unique in how they've done that to generate money. And, unlike others... they actually have some revenue. Not much... but something. That didn't exist at all a few years ago. Slow progress... but progress.
So the point is, if you truly don't like the speed of the progress, or have faith in the company principles to move thier projects forward... find a company you can fall in love with where the accomplishments are a known commodity. If you don't like to fall in love with companies, use another company to turn a buck on. It doesn't matter. Do what you need to do. But for the rest of us, if you get some crusty pleasure holding other people's feet to the fire you've set as some sort of beacon of smug righteousness... please, you've underestimated most of us. We know the risk. We know the shortcomings. We know the remote odds of notable success. We're adults, we get it. If you think for one moment your diligent efforts to keep it real is a worthwhile venture, you've missplaced your hubris.
In the end, I hope everyone of us attains some success with this stock. But if we don't, we walk away in our big boy (or girl, as the case may be) pants, and move on to something else. That's all there is.
It would explain my investing here. :)
Something doesn't make sense here... According to a number of other regular posters, Guyer HAS answered individual emails in the past... or so we were led to believe.
There are a number of avenues to pursue along with initiating a class action lawsuit. Folks could consider a letter to the Colorado State Attorney General's office requesting an investigation of DRMS for potentially cooperating with the advancement of a suspected public fraud. I suspect DRMS's role cannot be limited to merely rubber-stamping stipulations. I wonder if, as a government agency, they have a public service obligation to notify state law enforcment agencies of possible business "irregularities" which they may have been made accomplice to.
Also, editorial letters to the Denver Post may spur investigative reporting.
Just a thought.
For me to break even on the money squandered on this ridiculous venture, the stock would have to trade at $62.50 a share.... LOLOLOL Not as bad as some, and my sincerest sympathy and regrets to those folks who lost a great deal more, but, it was still a hefty price for me to pay... Yeah, yeah, I know... don't invest what you can't afford to lose... But stupid me... I didn't think this company was going to be THIS bad...
567... No. No more support. Let CGFI support US now. Enough.
I'd advocate a mass sell-off if it weren't for the fact that folks would lose even more than they already have to put this nonsense to an end. Again, with all due respect... ENOUGH.
Ahhh... and the next post by Steve answers that question. Thank you. :)
In an effort to be fair, I thought the same as ssc did on the manufacturing issue... "Who" is actually making the nanotitanium that Basic Dental is using for the implants. They may well be creating the implant for all we know, but the raw material is coming from somewhere else.
I thought the message from MHTX was written versus a phone call. Go figure.
While you're all puffed up with self-righteousness... I ASKED for back-up to the assertions about dilution... I hadn't seen it elsewhere. You provided it. Thank you. I-hub seems to have the wrong figure then showing 413M. The math supports your claim. However, the stock did reach .20 a few years back... granted with lower share count. And the slide down was gradual afterwards... not sudden, as in a MM or short sale ploy.
No one is asking you to relinquish your "facts." In turn, try to let other people enjoy their investing the way they see fit. I never got personal by attacking your ideas or way of looking at things. So, you don't share my philosophy on this issue... and.... that's worth what?
Actually, it is nice to believe. :)
People may question all they want on what constitutes a higher valuation, but I stated what has occured in other companies with lesser-than accomplishments and much higher evaluations. That is what doesn't make sense to me. Look at DNDN or CTIC and their roller-coaster rides. This isn't a knock or an endorsement of their business model, but it is reasonable for me to question how they exist at their valuations and why MHTX plods along. People seem to place nothing more than faith in those companies, yet there is so little faith here.The intellectual property in MHTX alone is likely to carry a very significant value. And I DO agree that the company has not provided enough business information on how it hopes to generate revenue.
I also "get" that major players may usurp their accomplishments with something similar or even better in the way of the techs being developed. This is a moot argument of rationale because the ultimate answer is, why even bother looking at the MHTX's of the world because EVERY start-up has this obstacle against them?
This company seems to languish well below the radar of investors... for whatever reason. MMs don't seem to play games with this stock... which is good. Trading seems to be nearly neglible considering how many shares are out there. This to me is also an indicator that folks are sitting tight on this company.
What I don't get is what someone gets out of being so smugly pessimistic. If this stock or any other doesn't fit an investor's criteria for particpation... move on. If an investor is too deep into the stock and angered about the prospect of a loss... here's the <hug>, now put on big people clothes and move on. If an investor doesn't like the way the company is conducting themselves... call the company. I did, a number of times. I liked what I heard on the other end but am still not satisfied with many aspects of how things are being conducted. And I especially don't get why one investor feels the needs to be derisive toward another investor's positive sentiments. I may allow myself to put my head in the clouds with some hope, dream, faith, common sense, or pragmatic business acumen, so what? To be derided by being dismissed as high or patronized by an arch "just" believe is pretty low rent.
Good morning all. A few comments to start off the new week. First and foremost, thank you Rusty for continuing to provide information for the rest of us that may have been overlooked or undiscovered by other investors here. Your time and effort is greatly appreciated by those of us that believe in this company's prospects.
Folks who have been on this board for a while know that I'm an avid believer in MHTX's future as a viable and noteworthy company in various fields of tech advancement. People also know that I have been greatly disappointed by the lack of a more robust pps that would adequately value this company where it is now while delivering confidence for their future. A month or two ago, a visitor here even took me by example to task on another stock board for believing that the value is too low despite "no news." They even went as far as suggesting my moniker suggested that I may have smoked too much weed to come up with such naive thinking. If it makes them happy to wet blanket someone elses dreams, so be it. You can't be all things to all people.
Having said that, I continue to believe this stock is severely undervalued. Some folks have suggested that ongoing dilution has knocked this stock's value into such low values. Frankly, I've monitored this investment almost everyday and haven't seen any additional shares hit the market. I'd greatly appreciate if those individuals would back that assertion up with some examples. The only gapping I've seen is a market cap that has ranged from low 30M to high teensM in the the past several years. The shares appear to remained around 413M for a long time now. The current MC is around 25M... which has been a consistent average.
I remember a few occasions in the last 5 years when this stock hit about .20 for no known reason. Actually, for a while it even stayed there before slipping gradually down to current pps. There was no more "notable" news then than there is now to account for the upward climb as well as the slip. What I mean by notable is news showcasing an approval of a technology, outside purchase, or something like an FDA thing. However, what I have seen are strong foundation news items that show that the company has consistently moved forward. I have yet, in over five years, read one "slip back" item. Not one. MHTX has been like a very slowly assembling jigsaw puzzle coming together.
And that's where the problems lie, in my estimation. Boredom. The process has been pokey. Couple that with little "bluster" news... MHTX appears stagnant. But... it isn't. It is moving forward, and seemingly without a lot of unwanted baggage.
Early on in my investing efforts, it was recommended I purchase a bio-tech stock with a company developing a late stage, non-lymphoma Hodgkins drug that promised to extend quality of life by a few extra months. That's right, a few extra months... that's it. Mind you, should it fly, a few months to those afflcited could be priceless. There was nothing else in the company portfolio bring in revenue. It was the sole pipeline drug reaching FDA approval stage from this company after Phase 3 clinical trials had completed. There was another drug so far back it was still in the hallway broom closet. Well... the drug failed to meet FDA approval criteria for a host of different reasons and the pps sank to dire lows. I had bailed much earlier with a slight profit on the pre-FDA run-up. Since that calamity, the stock underwent a 5:1 RS. They have about 57M shares out now. We have 413M. (Rounding up in both cases.) So, when I divide that company's shares by ours, we exceed them by a bit over 7 times. So... I took their pps. and divided by 7.4...and discovered a share value of .40 and micro change. And that company has precious little going for it save for a limited EU approval for a very small population segment, however deserving. The applications for MHTX technology is HUGE by comparison. While MHTX isn't "there" yet... it strongly appears to be on the path toward success. If other companies... and there are many more than the one I cited, can have the investor suppport despite tremendous setbacks, MHTX should have even better investor confidence, IMO.
And now I have the munchies... Later all... <wink>
Tonto... off topic... please consider stopping with the "I am so slow..." That... my investor peer... you are not. ;) Schucks andf all that foot shuffling. ...Clever, yes... slow... no. Hope you're enjoying the weekend.
LOL Rusty... I know how to guarantee a $10.00 pps in just one day... Should I be forced to sell my shares out of financial need for .03 a pop, the next day this company will announce it can not only detect cancer early, it will cure it, create energy out of thin air, and irrigate drought devastated areas around the world with nano titanium clouds that will also produce the most incredible rainbows for all eternity. That is the type of luck I have. LOL
That's right... take a GOOD look at this company investors... and tell us with a strong pps if you see the same prospects that those already on board and long do!
SSC... I think stock can go up on these conditions to somewhere "reasonable." Again, pharma with single...and in many cases "troubled" pipeline drugs... exceed MHTX's valuation tenfold with NO other revenue source. While some companies suffer from exaggerated hype and mob-rush interest that forces inflated pps before crashing... MHTX, on the other hand, languishes TOO far under the radar. Bear in mind that the small pharma that gets the rush of interest generally relies on single application, and often uniquely dedicated application, drugs with "limited" potential patient use. That's not to infer less rampant ailments don't deserve R&D and medical results, but what MHTX "has" appears to have a universally MASSIVE potential for use... and that's just Flynn's work. Coupled with the bio-titanium... the prospects for this company's involvement boggle the mind. Even at royalty levels, IMO the money here could be sick and twisted money. It's interesting to note that only a few years ago MHTX spiked to .15 and .21 cents pps... an d then dropped... WITH NO BAD NEWS or dilution to cause such a dive. The company was valued at 30M+ then... Now it struggles to get beyond 20M. There was no reason for that third loss other than boredom. But other bio industries have had the same long road to get it's product's approved or out there and did much better with investor interest and loyalty... even in dismally frustrating times with FDA setbacks and such. Just read the history of Cell Therapeutics and look at the pps charts and company valuation. This is not a knock on them, but it is fair for folks to seek out DD and earnestly look and question why other companies fare better... even with catastrophic setbacks and obstacles. For MHTX... the pps has not made rational sense for a long time. I've asked before and I'll ask again... will someone hand the "OPEN" sign in the window?
I'm caught between those two schools of thought on MHTX... Spirit... I 100% believe in what's going on with their research and technology... and that there is progress... as fast as that can occur given medical testing timelines which plod along at a snail's pace. However, MHTX has been negligent in conditioning their investors on forward looking plans and hopes. This is not a request to have someone blow smoke up, well... we all know where..., it would be nice to be tied into some of how all these licenses work as it pertains to revenue. I don't mind sitting idle on this as I do believe that investments here will be handsomely rewarded. This company is not glutted on the market with shares in comparison to many other small bio firms struggling to stay afloat. Just look at CTIC or DNDN for stalled or failing single pipeline drugs. Yet, those companies have much higher capitalization. Go figure. Mind you, they have larger numbers of employees, which to me is cash flow detriment when there's no real income coming in. I think we'd all have more patient resolve if we knew how this company is structured for potential success. What are anticipated targets? Who is developing the marketing of products or aligning cooperative alliances with pharma groups. Quite some time ago we were told about some guy coming on board to facilitate those very things. Well???? What happened? While I know some deals cannot be discussed if still negotiating... there are ways of relaying information without disclosing, or potentially damaging, talks in progress. For instance: "Mr. Who-Ever-He-Is-Because-It's-Been-So-Long-Ago-That-We-Also-Forgot-His-Name has approached ten large bio-medical institutions to develop our whizzamagidget. Three companies have expressed interest and are developing plans to further whatever goal it is we're seeking. Two have outlined a series of criteria we must meet before they commit further interest. We have such and such timeline to complete our research before taking our negotiations to the next step. In tandem with these plans, Mr. Whoever-It-Is-We-Hired is also developing a secondary prospectus for other stuff we do. It is our goal to perfect a commitment by someone who gives a, well, you know, sometime in this (month, year, decade, century.) We intend to keep our loyal supporters and investors apprised in our commitment to progress and further our business model. Love...The powers that be." Now, is that too much to ask for?