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Re: Sage7243 post# 148891

Tuesday, 02/03/2015 8:52:25 PM

Tuesday, February 03, 2015 8:52:25 PM

Post# of 158400
Look I normally don't like to chime in but I think everyone here is too passive and thinking blue skies ahead. I see this as a scam not because of the many reasons others have listed but because of the science.

You look at any other biotechnology company and even with a NCE -- New Chemical entity-- at most it takes 5 to 6 months to file an IND with the FDA. This company has been promising an IND for over more than a year and a half right now. What's the hold up?? That's why these companies trade on the pink sheets because they don't have to keep up to date filings if they don't want to. Understand that these penny stocks typically are a lot riskier than biotech stocks on the NASDAQ and a lot riskier than everything else because of the lack of transparency. Koos could keep strining people along for another 2 years claiming an IND is coming.

This reminds me of MCET where nothing happens just smokes and mirrors.

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