Regen BioPharma Inc (RGBP)

[cvinvestor]

Don't hold your breath for breakthrough news. Look at the recent financials. In the Qtr ending Dec 2014, a little over $2,000 was spent on research and development - ONLY $2,000, and still awaiting feedback from FDA on agreement of how to conduct safety experiments for HemaXellerate I, i.e. no progress.

The PR on dCellVax progress was that it would need similar safety trials before approval, of which we have heard zilch.

So now they hire someone else a $13,500/month or almost 20x the rate they do research. Wow, that's going to help. Well, it will help if he can raise enough funds to cover his own salary plus some money to do the experiments they need to get any green light to proceed.

I wasted my time and money on this stock over the past 2 years.

Buyers beware. Until something concrete is released (and we've had nothing in the past 5 months) as to real progress, this is going nowhere but down.