Mymetics Corp (MYMX)

[Harry Wickey]

I took a better look at the latest 10q yesterday and I noticed that the two largest investors in the company have again started funding the company with loans.
Round Enterprises and Eardley Holding A.G. have committed $2,264,000 in funding for the next year or 9 months. I consider this close to insider buying. One of the investors is on the BOD (Dr. Thomas Staehelin). They both have millions of dollars invested in Mymetics and have recently decided to continue that investment. The last time they invested was 2013, almost 5 years ago. They have a combined investment of around 50 mil. and have never converted any shares as far as I know.
It's hard to believe these investors are throwing their money away to try and save their existing investment. without giving inside information the company must convince these investors the future is bright. There is also a possibility that portions or patents of the Company have intrinsic value and these loans are secured by that value (just my speculation).
The loans are at a much lower interest rate (2.5%) probably because of the lower conversion price, not sure what that is, but I'm not complaining. Other conversion prices are all over the place from .80 to .018
Just my take on things.