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Re: Saltz post# 21157

Tuesday, 03/27/2018 10:48:57 AM

Tuesday, March 27, 2018 10:48:57 AM

Post# of 233768
That makes sense, however I have to wonder where we would be now if they had done the R/S and uplisted prior to the PE data from the combo trial. I feel like mgmt thought there would be a much better response to the SP than what happened. I don't like the trial and error method of getting some real market cap value into this company so funds can be raised at vastly better conditions. I do not want to be an armchair quarterback or be captain obvious with hindsight opinion but it looks like pr's and time has been wasted. I and many others have called the company and explained what is going on with why the SP is not moving and it has more to do with warrant holders selling to lower risk. The OTC is a problem because such a large percentage of shares are owned by warrant holders and a broader audience of investors don't have access to this stock to change that. Mgmt has had the ability to R/S and uplist for the better part of a year, mgmt has been telling us that they want the SP to rise organically. In my mind it is obvious that they don't have the understanding that the SP will never rise organically because so many shares are owned by warrant holders. Keep in mind, I'm not bashing warrant holders - they are smart and protecting their investment. I am also not criticizing mgmt for raising funds under these conditions because they could not get fund any other way so quickly. It is just the fact that they tell us they want an organic rise while raising funds in a way that prevents an organic rise, does mgmt really know what they are doing?

Combo data was what was supposed to push this SP dramatically and it did not, so now it's the mono data? I am really getting tired of the radio silence. mgmt needs to address the issue because we are in the window of a deal or buyout now, a couple months from now the window is much smaller. BP buys companies in p2 and p3, if we can't get a deal done are we going to be told that we are on the path to being a revenue generating business all on our own? Mgmt at this point has no excuses, pro140 is a multi billion product and the company is $100million, the gap is too much considering where they are at in development. Mgmt need to understand that they are a publicly traded company and not some garage operation. I am weary of this carrot being held in front of us.
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