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Re: Gold Seeker post# 4429

Thursday, 07/06/2006 2:32:05 PM

Thursday, July 06, 2006 2:32:05 PM

Post# of 30387
Gold_Seeker: you are an intelligent guy and I enjoy reading your posts. However, you are wrong on the PIPE issue. I have been involved in a number of PIPE financing deals, and many of my friends moved on to that scene when it got popular over the last decade. Believe me there are dozens of PIPE groups that would take on BOCX. Re JP Turner, my sources tell me that they are eager to pull financing together for BOCX but that BOCX does not wish to proceed until they build more value via exch listing and/or ABT progress. I can't say I disagree with management on this, as surely a PIPE at higher levels would be less dilutive. At the same time, though, I would love for them to sell a few million shares to get an exchange listing and have working capital. If they do not resolve the listing issue within a few months they should start looking for PIPE financing to get off of the pink sheets.

Re your comment about a "remote possibility" that Moro could come up with a working colorimetric test, that is just inane. Go speak to some people who know what they are talking about (not me), and they will tell you that it is not a big deal to convert an RIA to a colorimetric assay. Moro has already done it as evidenced in the breast cancer data (or was it prostate?), he is just refining the test.



DISCLAIMER: NEVER ASSUME INFO ON MESSAGE BOARDS TO BE ACCURATE. ALWAYS DO YOUR OWN DUE DILIGENCE. DON'T BUY STOCK BASED ON THIS POST OR ANY OTHER POST. I OWN A LONG POSITION IN THIS STOCK AND THEREFORE I AM BIASED.

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