No one really knows where this will go. I see it in stages which is way better than a huge pop, everyone sells and shorts then goes back to no trading volume. So for news:
1. Lets see what funding is: Do they dilute stock when receive funding, that's a biggie, or is it a big loan, or is it giving some of company away. So watch that.
2. How long will FDA approval take: Is it a 1 yr process or 2 year process. If its long then guys may wait to buy it, if shorter than buyers will hold.
Institutions cant buy until above $5, so I hope don't split stock, so they can buy it, that's bad because will probably hammer it and short it.
Clarity on the consulting company
How will news be discussed during trials. If we wait with no news again, then at end they say approved or not, that is not good.
If approved will probably be bought out just like many of the other companies I have stated in this space.
These guys have been trying to get this to market since bought the technology in 2010, as I was an initial investor at .62. Averaged down a lot and still hold, it just seemed to take forever, but if done right, that's a good thing.
Also, there are many articles on the consulting company. life Sciences and other stories on the NZ collagen market. The entire market for all this is roughly $118B. So plenty to share. Great article last May how the entire region is looking to do this because way more profitable than farming. Type in McCoy or Life Sciences, or NZ closed herd, you will see they have been busy all year. Probably buy dips until news, cant really lose much at this cheap price.
