Friday, January 12, 2018 4:42:17 AM
Can they recover? Certainly. I've seen the pain of convertibles eat companies alive, so watching their next steps is crucial. How they move forward and who they get financing from. The science can be awesome but they still need to pay the bills. So going back to square 1 with the confidence level right? If big pharma likes what they see, they'll make it. Do they have the resources to make it through the Harvard trial? Again, dilutive but yes. It's not really an expensive trial.
So we keep an eye on how they revamp the funding, clean up from the Mexico venture and see the Harvard trial kick off. It still hasn't posted on clinicaltrials.gov
That'll be the kickstart imo.
All in all, this is why $OBMP is where it is, now it's all about shaking it off and moving forward. Lesson learned for management.
Should shareholders really take a part in training a company?
Not for free that's for sure.
My disclosure...
I do own shares of OBMP and am NOT in any way compensated by OBMP or any entity for any media posting.
"Perfection is not attainable, but if we chase perfection we can catch
excellence." Vince Lombardi
Do your research! Play the TA. All posts are my opinion.
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