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Re: Spideyboy post# 2322

Wednesday, 02/22/2017 10:14:39 AM

Wednesday, February 22, 2017 10:14:39 AM

Post# of 3353
Spideyboy - I appreciate your insight and additional details about funding of Phase III. I agree with you in that there's an issue with finding the funding necessary to support Phase III and these potential agreements with City of Hope and CCRM. Hopefully the company is looking at the strategic advantage it could have as you explained. I like to think they're several steps ahead of us as they should be.

I'm still learning the biotech sector as this company is my first small cap to invest in. I've been a shareholder for about 4 years now when this company was on the OTC and purchases shares around $0.50 and held through their RS which was necessary for them to upgrade to the NASDAQ. it was a loss I was willing to take knowing they were going to a creditable market. I bought most of shares last year as it traded between $2-$2.50.. I have a total of 4,500 shares at a cost basis of $2.72 share. Right now, my returns are looking pretty good. I could sell everything and lock in those gains and buy back in but I'd rather hold (at the moment). Sorry I'm going off on a tangent but as I learn the biotech sector, I appreciate investors like yourself who provide helpful insight.

good luck to you and your current investments!

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