Anavex Life Sciences Corp (AVXL)

[expediter13]

This is true... I looked at it briefly a few weeks back and because there are so many posts here and yahoo I blew it off as a PnD and believe it may still be such. No one here really knows, guess a CC listen, hearing from management directly or doing much better DD will prove it either way.
Seen way too many (breakthrough) biotechs fail to take any of them seriously without a strong look. Then you have the ones that went through the Dream team, Galena, etc. and it ruins the outlook for so many.Articles written on SA by jabip su kareem jabbar and other made up names ruin it too.
Even legit Bio's like Athersys have PnD behind them... Maxim handles them and the pumping and dumping. They are CONSIDERED legit, but are nothing more than a legal scam. Any biotech can test any drug, create a name, create the euphoria about it and raise the PPS. Raise cash off of it, uplist, pay themselves huge bucks and in the end it fails. They go away for a year or two, buy another old failed drug and test it in a new area, rinse and repeat.

Before owning this one so much research has to be done... First would be "why are you an OTC" ?