lmao
that's kind of true, one of the 1st pennies I ever followed that really had a good solid story. Dr. Thomas Drees had devoted his life really to the synthetic blood arena all the way back to the early 70's.
Had quite a big following, real good crew of pretty diligent followers, good communication, good due diligence. Ticker was sgnc back then, Abbot labs were interested & had some good runs.
To this day I think the good Dr. really had it figured out, just ended up being so much money for trials and all that, takes tons of cash and time, fda bureaucracy the whole nine yards.
Finally it began to just stagnate and fizzle, they did a significant reverse split and the whole crew & board & followers all hit the road right there. That had to be a decade or so ago.
I actually do still own a few thousand shares, less the 10k, but honestly it just stays on my ticker watch everyday more for sentimental reasons, it really was a good group of guys and a good story.
MBA type took over maybe 4 or 5 years ago, they stopped filing and I assume it's just a shell now. Not sure of Dr. Drees, I believe he would be well into his 90's now, really don't know anymore. Saw the 80k volume today, it's been a long time.
