Endovasc Inc.(fka EVSC)

[icdasunrise]

timing ?
I followed Endovasc since year 2000 because of its association with a company I was investing in called Trimedyne (TMED).
Endovasc which was (ENDV) at the time, announced they had developed a compound that was "growing" blood vessels...supported by a study @ Stanford.

The stock soared from $.25 to a high $15.00 overnight creating visions of a possible alternative to open heart surgery.
A few days later a follow up report stated the compound was derived from a nicotine base and the stock quickly worked its way back down to $2.00 and eventually down to a $.o5 on fears it was all a scam orchestrated by the tobacco industry attempting improve their image.
So many investors got hurt buying (ENDV) it was restricted from online trading @ TD Waterhouse and trades could only be placed thru a broker. The restriction has since been lifted because of the price stablizing @ a nickle for years now.
Whatever became of that mysterious compound ?
Whatever happen to their association with Trimedyne?

I bought 100,000 shares at the $.05 price level in hopes that they would eventually taste success bringing at least one of their products to market.
Endovasc then got their finances entangled in a debt/death spiral by engaging themselves with offshore investors (which was quite a common mistake small start up companies made during that era) which it has never been able to recover from since. Their stock became extremely diluted in the spiral.
Endovasc then attempted to fix their financial predicament by approving a 1:40 reverse split to $2.00 and hopefully attract new, larger investors. The end result is what you see today...pps back to $.05 !!
I am not bashing this stock...just stating their history.
I have owned this stock for years now and still hope Endovasc will "make it" one day. I repurchased shares @ .o3/.04 and will break even @ about .15 to cover past purchases.
As for the poster who asked why do they have has 2 stock symb.?
When Endovasc restructured to become (EVSC) they formed a subsidiary for their "Nutraceutical" supplements (EVSD).