Tuesday, August 22, 2017 6:50:06 PM
The dilutions were justified by the eight trials in nine years, so I don't think they were "brutal". Leo is trying to maximize shareholder value by taking the drugs as far as he can. The first PR which he mentioned partnership was in September 2016, less than one year ago.
"Our plan is to conduct a small trial that will provide the critical data necessary to forge a partnership with a large pharmaceutical company that could potentially fund development of Kevetrin through FDA approval."
http://www.ipharminc.com/press-release/2016/10/27/cellceutix-corporation-provides-business-update-and-timeline-of-upcoming-milestones
If you know another biotech (similar market cap) with a 5 for 5 success rate and a history of salary deferment, please let me know because I would like to invest.
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