Wednesday, September 27, 2017 1:46:11 PM
At this point, UP is the path of most EFFORT.
Right now it looks to me as it though its at "RINSE & REPEAT"
Look neither of us is stoopid. We both know there's a big payoff to the winner in developing a treatment for just about any disease.
THAT'S A GIVEN.
As investors we place our bets accordingly.
Right not "according to my calculations" the company is getting ready to do another capital raise which will be necessary to keep the doors open.
Then its another 6 mos to a year of watching progress on the FDA approval process which, even when accelerated, takes forever and day, during which time, if I'm correct, the stock will once again drift down and then it will be time for another capital raise.
Don't kid yourself that there isn't a lot of resistance here, because there is. But as we just saw, there's a lot of resistance to falling under .30 cents (due to capital structure, past private placements, etc). It will probably be like this for some time to come.
Lets see how things look when the 10k comes out in November.
...and hey, I'm just calling it like I see. I hope you make a fortune here.
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