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Re: None

Monday, 01/08/2018 8:59:02 PM

Monday, January 08, 2018 8:59:02 PM

Post# of 44784
I guess from what some say here, once you invest you should never change your mind. Pretty prudent strategy.

Realization that our management is a bunch of clowns, changed many of our minds. Since I've been in this company for probably 8 years now, they touted an ever increasing interest from Pharma companies. But what have we got? Two failed partnerships with UT and Chinese, a who knows what with CHA, and an unknown, past the deadline one with Sosei. Are they just blowing smoke? Sure seems that way.

That's great management alright. Other Biotechs partner. It takes tremendous risk off the table. Sure you don't reap all the rewards, but makes it a lot easier to get to the finish line. With all the promising potential in a ton of indications, why not partner with one of them for a little less than what you want. Would have helped the share price tremendously, allowing for much greater raises without the crazy dilution.

The dilution route ismt much of an option anymore. Don't think another will happen without decimating the price and O/S.

So yes the confidence in this company has severely diminished for me in 2017. My mind has changed in the last year. The remarkable thing is it hasn't for others. Some tout a drive to own 200k. Laughable truly. In so many ways. Take a couple zeros off would be more realistic. Internet bravado to the max!!! LMBO. Have a look around, the industry is not sitting still like we seem to be. But I still believe in the technology so I will be in until the end. Kaki's should be shellakied!!!