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Re: Tekterra post# 20951

Wednesday, 08/30/2017 2:12:50 PM

Wednesday, August 30, 2017 2:12:50 PM

Post# of 50157
Most of these new drug company don't have the finances to go through the whole FDA approval. It's basically an all in or out play. If it gets approved they will be rich, if it doesn't, they go bankrupt.

They want to do a RS because that is how they continue getting financing which is a BS scheme.
Better for it to get bought out by a company who can handle financing this hung until approval. Instead of just paying out the CEO with a nice salary.
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