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Friday, January 08, 2016 10:07:23 AM
the public company now owns all the patents, which puts it in place for a merger or probable buyout.
The drug works, which is why they bought world wide patents.
Phase I coming & each news of all phases will greatly increase buyout value, the sooner a deal comes the better for the buyer as price will only continue to increase.
IMO the longer it takes for the buyout the higher the price they sell for. even at 1.00 a share that's very low for what this drug is worth.
have to have patience its hard not selling and taking profits. But im reminded of one of the first stocks I ever bought.
Yahoo IPO bought at 32.50 (100 shares) sold 15 min later and made $1000 profit. Worst money I ever made.
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