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Johnny_C

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Johnny_C

Re: surf1944 post# 2707

Tuesday, 11/14/2017 4:36:26 PM

Tuesday, November 14, 2017 4:36:26 PM

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I don’t think the latest has been completed. From what I? understand if 5, 10 or 20 million dollars is contemplated the share price will be stepped up.

What is very interesting to me is if the company decides to do a joint venture with a major pharma. If that comes to pass there would obviously be some type of split.

From what I? understand 23 mil for this phase 2 testing and another 35 to 50 mil for phase 3. Roughly 93 mil already in. Considering this is a blockbuster possibility and the average trial now is 1 bil plus the economics here are very very good.
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