VG Life Sciences Inc. (VGLS)

[jurisper]

It's not that uncommon for Uni's to get into deals with dubious companies; if the lead academic wants to do a deal and the company is going to pay for patent prosecution etc then the TTO often doesn't have much room to block it. Plus they often suck at diligence.

And if you looked at that market research I don't think you'd find much detail on most of the companies mentioned, just a brief profile from public info.

Often the "best" scams are ones which have some kind of real activity going on - they last longer, give better story to support the core paper-printing business.

So to me none of this means that VGLS has definitely turned into a swan. More important: no apparent pump activity for quite a while. It'll be interesting to see whether that continues to be the case if/when the Dutchess deal goes active.

Other questions: Why are Haig/Arthur/DMBM still around? Why haven't they gotten any involvement from a real biotech investor?

But like I say, it'll be a really good thing if they do turn into a swan & I'll be happy to eat crow!