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Re: broker57 post# 8030

Thursday, 12/08/2016 10:38:50 AM

Thursday, December 08, 2016 10:38:50 AM

Post# of 233200
I am confused as to why you are so adamant about the mgmt being incompetent, the FDA process has only been eased and sped up. I agree that the timelines have been delayed, at most a year. In an industry that measures timelines in decades i have a hard time understanding how you can be so negative on that point. I could also agree that mgmts handling of capitol raises and stock placement is not ideal, but what would you rather they do? not raise cash and stop all progress? offer warrants OR stock (not both) to investment firms to raise capitol and watch know one take the deal? The decision to not RS and uplist may have been a mistake but if that was done we might be in a world of stock manipulation and possible de-listing. Additionally the cost to be on the Nasdaq is huge - what would you rather spend the money on - trials or fees? I think i can say that our payday is when the company is bought. between now and then the stock price is not really important. they have the cash to continue to move forward and that is what they are doing. It is also my opinion that potential buyout candidates have milestones set before they make and acquisition - like a large sample size of trial results that show that pro140 works. the faster we get that, the faster we get bought out.
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