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Tuesday, October 31, 2017 12:57:25 PM
It was good to have a little momentum of the upward kind of late. But hopes fade, at least near term, and reality sets back in. Really don't want to see us drift back down to the $1.40's or lower. Get to a price in the mid to high $2's by the end of the year, and I will be happy(ier). I just don't see what big news would be coming near term. Any big news right now, would just open up a new can of worms as to why this raise was done, given the location of our beloved twins. Just seems strange and of course IMO. After reading about the TASE, I can in the very least, see why the ATM was not eligible for Israeli investors, and why ithis recent raise was done via this auction.
What I seem to think will happen, will be the start of the pivitol NHP trial. No development funding, just the cost of the trial. Still would be great as this thing needs to get going ASAP, but would also give a reasonable explanation of why this raise may have been done. So we have more than enough cash to last through this trial. Looking forward to their next quarterly release, but not their 3 page update.
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