InvestorsHub Logo
Followers 93
Posts 7559
Boards Moderated 1
Alias Born 06/17/2008

Re: er111a post# 6732

Friday, 06/30/2017 4:51:26 PM

Friday, June 30, 2017 4:51:26 PM

Post# of 21373
er111a - Thank you. Let me restate my

question. From some of the other posters, I was getting confused.

How will the new company justify the lofty figures of $.25 - $1/share after the IPO?

A number of posters have stated that Oncolix was a billion $$$ company. That is incorrect. Even after the merger with AEPP, the new company will not be a billion dollar company, not even close.

Oncolix is still in the business of raising money. They have raised $8M to date. They have no revenue. They have no profits. They have no product that has been approved by the FDA and is on the market and revenue-producing. They are an early clinical stage company.

https://www.whoisraisingmoney.com/oncolix-inc

I added more today, but my eyes are wide open.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.