I have to busrst anyone's bubble, but CVM price support is at $1.01 and that is where it will come down to. Phase III results won't be out till early 2019 (Feb, Mar?). In the meantime, Geert always raises money every three or four months without fail. So be prepared. Finally, although his plan has been accepted by the American Stock Exchange to get capitalization above $50M, at $1.71 (recent high) capitalization was only at $40M. If by mid Nov (I think it is the 20th) capitalization is below $50M, then Geert will be forced to sell about 20M to 30M shares (depending on where the price is) to get the stock up over $50M.
I believe the price will come back to support $1.01. If it doesn't hold there then we will see eighty cent range again. If come Nov the price is around $1.00 to 1.05, then Geert will sell 40M with one or two warrants per share at $0.90. That will give a capitalization of around $56M. If come mid Nov the price is 1.30 then he can sell 25M shares at $1.15 with warrants and that will give him a capitalization of $56M.
SUMMARY: The company has no income and the recent secondary on July 2nd only provides enough cash to last till end of end of Oct, maybe early Nov. Given that we are in a waiting period till the end of phase III, the stock will drift lower and given Geert's poor track record for always raising money when the stock is down, I have zero confidence he is interested in stock holder returns.