LOL quote, "With OCAT Dr. Robert Lanza as "Featured Speaker" What are the odds that no one would listen to him? "
Well, looking at the falling share price and their fast dwindling cash in the bank and SEC filed 10-Q plastered with "GOING CONCERN" warnings- it appears that the ole free market must not have gotten the memo on this latest "speaking" junket outing? Maybe the market just isn't impressed with more "talks" being given at non profit socialite junket type events? Just "maybe"?? People and companies pay big bucks to join these types of socialite networking gigs like "The Common Good" or whatever it's called- I see ZERO connection to it driving any company investment or funding etc. These "talk" gigs and conference circuits are a dime a dozen- every company I've ever known attends these wine-n-dine deals and trade shows and all the rest and it's never amounted to a hill of beans that I ever saw. Just burning some cash from the travel expense line of their dwindling cash-on-hand IMO.
A big giant "big whoop" non-event IMO. SHOW ME THE MONEY- not the low grade Lincoln credit card dilution, month to month survival, pay the big salaries coin, but the "big" money that will fund a large, FDA quality Phase II from start to finish- the ole Phase II that HAS NOT STARTED YET as we head for mid 2015. It's 6 MONTHS BEHIND SCHEDULE already- just that much longer and later to know if it goes bust and fails or that much longer to know if it has a remote chance at succeeding and moving them to a much larger, even more expensive, YEARS to complete ole Phase III trial(s).
YEARS more of waiting on this one. YEARS, let along a giant question mark as to how they'll ever raise even close to enough cash to fund just the "eye" stuff- w/o diluting this thing right back to the sub $1 range all over again. "Talks", big whoop. How bout EXECUTE ON A SUCCESSFUL BUSINESS PLAN and raise some real capital and hit some metrics on-time, eh? Maybe try that? Or is this the Gary Rabin days all over again? It actually traded higher as an OTC penny stinker with ole Gary running the show- which is pretty stunning IMO.
