ransoft, Get your butt out of bed and Back up tour claim. lol
ransoft " This is one of the most dishonest things they have done. It was a con job.)"
Seems to me they followed through on their statement. Look where we are today,. How can you make such a claim? Where is the scam???
We cannot guarantee that if the reverse split is effected, we will be able to raise additional capital; however, we believe that if the reverse split is not effected, our ability to raise additional capital will be greatly reduced. As we have disclosed recently in press releases, we believe
that we have an exciting opportunity to generate revenues from NICOSAN(TM), in connection with the treatment of Sickle Cell Disease (SCD). Accordingly, the Company will need dditional funding to take advantage of this opportunity and we believe that an increased trading price of our Common Stock may eighten our ability to obtain additional funding needed to finance this project." The market opportunity for NICOSAN(TM) in Nigeria at a five percent (5%) penetration could result in first year revenue estimates in excess of $20 million dollars. The Company is also in final preparation of its Pre-IND meeting with the FDA for HEMOXIN(TM) (the US clinical version of NICOSAN(TM)).
"For all the above reasons, we believe that the reverse split is in our best interests and the interests of our stockholders." (Yeah, add 5 times the number of shares and then do a 3000 for 1 RS in less than a year. This is one of the most dishonest things they have done. It was a con job.)
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