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Re: laraz5 post# 17203

Thursday, 04/05/2018 1:21:37 AM

Thursday, April 05, 2018 1:21:37 AM

Post# of 21373
LOL laraz, thanks for illustrating the ONCX potential.

As I have stated many times, math is our friend (although maybe not for some.)

PPS is worthless by itself when calculating the value and potential value of a public company.

Even with an O/S of 200M and a PPS of .031, ONCX has a market capitalization of $6.2M.

Typically, a public company in phase 1 FDA clinical trials, support market caps of $100+M.

So using your math, a $30,000 investment in ONCX at this point could yield a 2000% gain just to get to a market cap that has been generally accepted and sustained for other biotechs in similar situations.

$30,000 times 2000% is a potential gain of over $550,000.

Even someone who had invested $160,000 and held through the slide, has the potential to realize a 300+% gain based on sustained market valuations of similar public companies.

Its just math. Just facts. Not up for debate.

Hahahaha…IMO and FWIW.

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